Executive Brief
ASIC probes failed $44B Firmus IPO over investor demand claims
Australia’s corporate regulator is examining the abandoned sharemarket listing of AI infrastructure company Firmus amid concerns…
CommBank economists forecast November RBA interest rate hike as inflation risks build
CommBank economists now expect the RBA to lift the official cash rate to 4.85% next week…
Nick Scali faces $980,000 bill following cyberattack
The Australian furniture retailer has revealed the financial impact of an August cyber incident that disrupted…
AI could add $93 billion to Australia’s economy, report finds
Australian small and medium-sized businesses (SMEs) could unlock up to $93 billion in additional annual economic…
AI errors create financial and operational risks for Australian businesses
Artificial intelligence (AI) mistakes are creating challenges for Australian businesses, with almost half of workers reporting…
New report: 58% of F&B manufacturers say organisation is less productive despite tech investment
Nearly six in ten Australians working in food and beverage manufacturing (58.4%) believe their organisation is…
Australians pause property plans amid market uncertainty
New Westpac research has found millions of Australians are delaying major property decisions as affordability, house…
NAB: Triple squeeze hits business confidence
A triple threat of higher interest rates, global uncertainty and elevated fuel and diesel costs is…
Cue and Veronika Maine to shut 26 stores as search for buyer continues
Australian fashion retailer Cue Clothing Co is closing a further 26 stores across its Cue and…
House prices to keep falling for another year: API survey
Australian dwelling prices could fall 8% to 11% from their March peak before beginning to recover…
Firmus IPO withdrawal raises questions over Australia’s AI infrastructure boom
Australian AI infrastructure company Firmus has reportedly withdrawn plans for a $44 billion listing on the…
CBA: Why oil prices are still high despite recovering supply
Oil prices are holding above $US100 a barrel even as crude exports from the Middle East…