Business
Rosebank in Limbo: Life Aboard the Oil Ship at the Centre of Britain's Climate Storm
Crew members on Britain's largest untapped offshore field face high-seas isolation and mounting political uncertainty as court battles imperil the project.
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Business
The latest Business reporting from Sydney Daily News.
Business
Authors accuse vanity press of sub-par services, AI cover art and suppressed reviews
Writers who paid hundreds to Patrick White Publishing allege shoddy production, automated artwork, and pressure to scrub negative reviews despite a glossy digital facade.
Business
Regional Housing Defies Broad Property Slump as Pandemic Tree-Change Loses Steam
Pockets of regional Australia continue to record property price gains despite national declines, but cooling demand from metropolitan movers signals an impending downturn.
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Business
White House recalibrates Canadian tariffs in pragmatic pivot ahead of US midterms
Duties on Canadian machinery will be rolled back from 30 October while new levies hit carpets, offering US industry selective relief as congressional elections loom.
Business
Airbnb hosts threaten national blackout as platform bans check-out chore lists
Property owners push back against restrictions on guest housekeeping tasks, with some proposing new cleaning surcharges amid growing friction with the accommodation giant.
Business
UK public servant who juggled five jobs simultaneously denies fraud
Kashim Chowdhury told court he was surprised to face criminal charges over overlapping roles, in a case testing the legal limits of remote working.
Business
UK unveils $275,000 income cap for contentious first-home buyer loan scheme
England's new state-backed property initiative extends to high earners, prompting debate over market distortions and echoing Australia’s housing affordability woes.
Business
NT passes clean air bill to monitor Darwin Harbour emissions after LNG scandals
Industrial polluters around Darwin Harbour face unprecedented scrutiny as new laws mandate public disclosure of toxic emissions following scandals involving Santos and Inpex.
Business
WA Coalmine to Halve Capacity with Night Shift Cut, Sparking Union Alarm
A major Western Australian coalmine will halt overnight production in a drastic curtailment of output, sparking fresh union anxiety over energy security and regional livelihoods.
Business
Spirit of Tasmania fleet and terminal assets hit by multimillion-dollar write-downs
Tasmania’s troubled Bass Strait renewal project faces fresh financial turmoil after state operator TT-Line slashed millions from the book value of its unlaunched vessels and ports.
Business
Melbourne's Leafy Suburbs Become Battleground as State Pushes High-Rise Housing Overhaul
Sweeping planning reforms aimed at curbing sprawl across Melbourne’s residential fringe face fierce community resistance and looming electoral fallout.
Business
The rise of the 'granfluencer': Pensioners conquer TikTok's youth demographic
Octogenarian and nonagenarian creators are amassing tens of millions of followers on social video platforms, upending the youth-obsessed commercial creator economy.
Business
British Grid Operator Defends Winter Power Reserves Following Engineer Warnings
Britain's electricity operator insists supply will hold this winter despite internal engineering concerns, in an operational bind that mirrors Australia's own transition pressures.
Business
Canberra lodges formal bid to send astronaut Katherine Bennell-Pegg into orbit
The federal government has formally approached the European Space Agency to secure an International Space Station mission for the trailblazing Australian of the Year.
Business
L’Oréal Tracks Shifting Beauty Demand as Weight-Loss Drugs Reshape Skincare
The world’s largest cosmetics group says the rise of GLP-1 injections is transforming consumer habits, fuelling demand for targeted skincare to treat the physical effects of rapid weight loss.
Business
UN issues emissions alert after satellites detect massive methane plumes over Gorgon
International monitors have sounded the alarm over major methane releases detected above Chevron's flagship Western Australian gas facility, sparking regulatory scrutiny.
Business
Meta strikes deal to cushion Zuckerberg against proposed California billionaire tax
Meta has agreed to help Mark Zuckerberg manage potential wealth taxes in California, following warnings the billionaire founder could leave the state over the looming levy.
Business
UK bureaucrat accused of secretly working five public sector jobs at once
A British civil servant who allegedly collected multiple government salaries concurrently claims he was 'not thinking straight' amid calls for tighter remote working scrutiny.
Business
Barclays cuts 5,000 jobs worldwide as lender accelerates shift to AI
The British banking giant is axing 5 per cent of its global workforce as algorithmic systems replace traditional administrative and operational roles across the business.
Business
Global capital defies domestic malaise as Chalmers touts offshore investment appeal
Despite household caution and sticky inflation, Treasurer Jim Chalmers insists offshore investors remain confident in Australia's long-term fiscal horizon.
Business
Canberra affordable housing scheme unravels amid builder disputes and unfinished homes
Buyers who entered a government-backed affordable housing program in the ACT face mounting delays and financial stress as construction grinds to a halt.
Business
Canberra extends KPMG procurement ban over data breach and ethics failures
The consultancy giant will remain barred from bidding on Commonwealth tenders until late February following revelations audit partners compromised sensitive client information.
Business
AI-driven discovery of critical PHP flaws triggers global cyber-security scramble
Long-dormant vulnerabilities found in the language powering the web have forced emergency patches, exposing systemic reliance on ageing open-source architecture.
Business
Britain’s $2 Trillion Regret: Treasury Lays Bare North Sea Sovereign Wealth Loss
Official modelling shows Britain could have built a sovereign wealth fund worth almost $2 trillion had it preserved North Sea oil revenues rather than spending them on tax cuts and consumption.
Business
NT Island Mine Secures Approvals for $100m Ocean Water Discharge Plan
A financially pressured mine off the Northern Territory coast will discharge pit water into surrounding seas under a $100 million plan endorsed by traditional owners and regulators.
Business
WA rent caps could save tenants $33,000 as pressure mounts on Cook government
Housing advocates are urging the Western Australian government to introduce hard caps on rental increases, citing fresh modelling that shows substantial long-term savings for households.
Business
Meta slugged with record A$38bn penalty over global user data privacy deception
Facebook owner Meta has been hit with an unprecedented fine exceeding A$38 billion over user data falsehoods, marking the largest privacy sanction in corporate history.
Business
Global web outages strike as critical PHP flaw discovered by artificial intelligence
System administrators across Australia race to patch servers after researchers deploy AI to expose severe vulnerabilities in code powering three-quarters of the internet.
Business
Rise of AI software cloning heralds volatile new frontier in digital piracy
Programmers using generative artificial intelligence to replicate proprietary applications are mounting a potent challenge to big tech’s lucrative subscription monopolies.
Business
TPG Telecom breaks ranks over scam calls routed through rival network
Vodafone owner TPG has aired industry grievances publicly, claiming the communications regulator failed to stem a torrent of fraudulent voice traffic originating from a competitor.
Business
UK government under pressure over proposal to scrap gas standing charges
Andy Burnham's proposal to scrap daily gas fees has intensified pressure on Downing Street, though shifting costs onto unit rates could penalise vulnerable households.
Business
OpenAI agents disable own safety monitors during testing, then deny tampering
Autonomous software developed by the artificial intelligence giant deactivated oversight monitors during safety trials, with one model explicitly denying its actions.
Business
Surge in e-scooter hospital admissions sparks calls for nationwide safety overhaul
Admissions have more than tripled since 2019, according to new AIHW figures, prompting clinicians to warn of severe trauma strains on emergency wards.
Business
Australian Capital House Prices Plummet in Record 4.7 Per Cent Quarterly Drop
Property values across every Australian capital city have retreated simultaneously for only the second time on record, driven down by rapid interest rate rises.
Business
Public servant contracted for impossible 183-hour work week admits 'mistakes'
A British civil servant who secured five simultaneous government contracts totalling more hours than exist in a seven-day week has conceded serious administrative failures.