Work
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Bank of England holds rates as Iran war threatens inflation target
First unanimous MPC vote in four years signals shift from cuts to possible hikes
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Court Transcription Monopoly Collapses After Offshore Security Breach
VIQ Solutions enters voluntary administration after ABC revealed sensitive Australian court files were accessed from 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.
News
ABC Staff Vote for Strike Action as Tension with New CEO Escalates
Employees at Australia's public broadcaster have voted for protected industrial action amid ongoing disputes with management.
Work
The AI Job Shock Hitting Australian Tech Is Accelerating. Here Is What the Data Says
Atlassian, WiseTech, Block, and CBA have collectively cut nearly 8,000 roles in a month. The pattern tells us more than any single headline.