Work
Work
Victoria Passes World-First Law Giving Workers Two WFH Days a Week
From September 1, Victorian employees whose roles can be done remotely will have a legal right to work from home. Small businesses get until July 2027.
Work
WNBA Players Approve 5x Salary Cap Increase to $7 Million
Seven-year agreement averts strike, creates first million-dollar contracts in WNBA history
Work
German Inflation Hits 2.8% as Energy Shock Rattles ECB Policy
War-driven energy shock forces Europe's largest economy back above the central bank's 2% target, complicating monetary policy across the eurozone
AI
CFOs Admit AI Layoffs Will Be 9x Higher This Year, But Won't Say Where
A new Duke-Fed survey reveals companies plan half a million job cuts attributed to AI in 2026. The twist? Most CFOs admit they're seeing zero productivity gains.
Work
Saks Global Cuts 1,226 Jobs as Luxury Retail Bankruptcy Deepens
Workers lose severance pay as Saks Fifth Avenue parent closes 15 stores under Chapter 11 restructuring
Work
Australia Housing Supply Improves but Demand Remains Strong Amid Population Growth
New construction activity lifts housing stock, but immigration-driven demand continues to outpace supply in major cities.
Work
Regional Australian Property Prices Continue Rising Despite Interest Rate Hikes
Mid-size and regional areas see sustained price growth while Sydney and Melbourne cool, reflecting different demand drivers.
Work
Cyclone Narelle Knocks Out Two-Thirds of WA Gas Supply
Category 4 storm exposes fragile energy security as Chevron, Woodside, Santos shut down operations.
Work
Amazon Confirms 16,000 Corporate Job Cuts in 2026 Workforce Restructuring
E-commerce giant announces largest single layoff of 2026 as part of broader corporate downsizing strategy.
Work
OECD Slashes Australia's Growth Forecast as Iran War Drives Global Inflation Spike
Australia's 2026 growth rate has been cut to 1.3%. Half of last year's figure, as oil supply disruptions test the resilience of the global economy.
Work
ABC Staff Walk Out for First Time in 20 Years Over Pay and AI Protections
Close to 1,000 ABC workers struck for 24 hours after rejecting a 10% pay offer that fails to match inflation. Unions want safeguards against AI replacing journalists.
Work
Qantas Bets on AI for On-Time Performance as Project Sunrise Nears
CEO Vanessa Hudson says technology is already improving reliability, while confirming Singapore stopovers will stay.