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Exterior of the Australian Securities Exchange (ASX) building in Sydney, with stock market data displayed on digital screens and a pedestrian walking past the entrance.

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 about investor demand disclosures and potential conflicts of interest.

Source: Commbank

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 as domestic and global inflation…

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Exterior of a Nick Scali furniture store featuring large black Nick Scali signage on a white building against a blue sky.

Nick Scali faces $980,000 bill following cyberattack

The Australian furniture retailer has revealed the financial impact of an August cyber incident that disrupted…

Two manufacturing professionals wearing safety helmets reviewing information on a laptop inside an industrial factory, with machinery in the background.

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…

A man sits at his desk using a laptop.

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…

Bottled drinks on a manufacturing conveyor.

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…

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