Business
Business
Company profits rise 1.8 per cent, but mining did all the work
Mining profits rebounded 6.8 per cent and everyone else went backwards. Inventory prices added $3.7 billion to the headline. The GDP print has since landed at 0.4 per cent.
Business
Treasury warns slow AI uptake puts $116bn of growth at risk
Treasury analysis estimates AI could boost Australia's labour productivity growth by 4.3 per cent over the next decade, adding approximately $116 billion to GDP and $4,300 to per capita incomes.
Business
Qantas ground crews vote 97 per cent for strike action
A ballot of 350 Qantas Ground Services workers returned a 97 per cent vote in favour of protected industrial action on 31 August 2026, authorising stoppages of between one and 24 hours.
Business
Your Woolworths shop now costs 8.5 per cent more than a year ago
Official inflation figures say grocery prices are cooling. The shopping trolley tells a different story. A tracked basket of 20 identical Woolworths items cost $232.02 in July 2026, up from $213.89 in March 2025, a rise of $18.13 or 8.5 per cent.
Business
Two private credit funds gate exits in a week after a developer's collapse
Australia's private credit squeeze is spreading: CVS Lane has suspended investor redemptions after a Sydney developer's collapse, the second fund to narrow the exit inside a week.
Business
An Australian private credit fund caps monthly withdrawals at 1 per cent
The MA Secured Loan Series introduced a temporary redemption cap of 1 per cent of funds under management per monthly redemption period on 25 August 2026.
Business
Woolworths and Coles bank a combined $2.24bn in annual profit
Australia's two dominant supermarket chains filed their full-year results within a day of each other, and the combined arithmetic is the figure politicians will quote for the rest of the parliamentary term.
Business
Parent HAX wash cloth cleans kids in two minutes, no bath needed
Top N Tail™ is a rinse-free, self-foaming wash cloth designed to clean children from head to toe in around two minutes, requiring only a splash of water and a towel dry.
Business
Workers comp premiums range from 0.84% to 2.09% of payroll
Workers compensation insurance is mandatory across Australia, and every employer's premium starts with the same basic mechanism: multiply your total payroll by your industry rate, then let your own claims history push that figure up or down. The rate itself is not a guess.