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Australians Are Giving Up on Home Ownership and Starting Businesses Instead
New data shows 41% of Australians now see starting a business as their top wealth-building strategy, ahead of saving or seeking a promotion.
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Britain's Entrepreneur Exodus: 6,000 Business Directors Have Left in Two Years
Companies House data reveals the steepest wealth outflow in British history as founders flee Labour's tax reforms. The lessons for Australia are uncomfortable.
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Court Transcription Monopoly Collapses After Offshore Security Breach
VIQ Solutions Australia, the company responsible for court transcripts across the federal and state justice systems, has entered voluntary administration four weeks after the ABC revealed sensitive files were being accessed offshore in India.
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Atlassian Cuts 1,600 Jobs as AI Forces Australia's Tech Giant to Shrink
The software company sheds 10% of its workforce, including 480 Australian roles, as it redirects money toward AI development and confronts a stock down 66% in twelve months.
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Governor Warns Recession Cannot Be Ruled Out
The Reserve Bank delivers a second consecutive increase as inflation sticks at 3.8%. Treasurer Jim Chalmers dismisses recession talk while business groups warn the hike may be a 'final nail in the coffin'.
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Three Weeks, 7,600 Jobs: Australian Tech's AI Reckoning Has Arrived
Atlassian, WiseTech, and Block have collectively cut thousands of positions since late February. Each company cited artificial intelligence. Markets rewarded them.
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UK Commits £1 Billion to Buy Quantum Computers from British Startups
Rachel Reeves announces government procurement program to boost domestic quantum industry. The strategy is simple: buy British.
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8 Signs Your Job Might Be Replaced by AI
Not all automation threats are obvious. Here's what to watch for.
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The RBA's 5-4 Split Decision Reveals a Central Bank Fighting the Wrong War
A 25-basis-point rate increase to 4.10% won't fix supply shocks from the Strait of Hormuz, but the RBA has nothing else in its toolkit.