Tech layoffs continue as Aussie Web3 unicorn Immutable cuts staff, just months after its $3.5 billion valuation
Australian Web3 outfit Immutable has confirmed a number of layoffs from its team, just four months after securing a $280 million funding round which brought its valuation to $3.5 billion.
Treasurer to name inflation and global slowdown as causes of drop in Australia’s growth forecast
Treasurer Jim Chalmers will tell Parliament that estimated growth has been cut by half a percentage point for last financial year, this financial year and next year.
Builders call for support as housing costs rise 9%, while Jim Chalmers prepares to dampen economic expectations
The federal government should keep the Australian Building and Construction Commission in place and compensate building contractors for projects which skyrocket in price, construction industry organisations say.
Sans Drinks merges with major competitor Craftzero to tap into male-dominated market
Non-alcoholic superstore Sans Drinks has now merged with Craftzero, as the business looks to turnover a possible $15 million this financial year and reach a new demographic.
The annual inflation rate is now 6.1%, as the cost of everyday essentials hits businesses and households
The cost of housing, fuel, and furnishings all drove inflationary pressures, the Australian Bureau of Statistics says.
Labor claims Coalition left Australia’s business registry project $1 billion over budget
An unexpected billion-dollar increase to the cost of modernising Australia's business registry system will heap pressure on the new Labor government, Assistant Treasurer Stephen Jones says, foreshadowing tough budget cuts in the months to come.
Why is Labor trying to wind back superannuation reforms, and what could be the outcome?
Assistant Treasurer Stephen Jones has asked the Treasury to consider concerns relating to the “regulatory complexity” of a requirement that super funds act in their members' best financial interests.
As Parliament resumes, $1.55 billion in SME tech and training offsets remain in legislative limbo
Prime Minister Anthony Albanese has outlined his legislative agenda as Parliament resumes, without mentioning a massive tax offset scheme.
Andrew “Twiggy” Forrest ups stake in Bega Cheese. Which Aussie icon will he buy next?
If it's fair-dinkum Australian and has a price tag, chances are it's heading for Twiggy's shopping cart.
How to design business refunds that maintain customer satisfaction
Here's how businesses can design better infrastructure to retain customers and stay afloat during peak refund periods.
‘Everyone knows about my TikTok’: Woman “fired” from new job for posting about her salary
A woman who took to TikTok to share the good news of her new high-paying tech job says she was fired for her pay transparency, raising important questions for Australian workplaces mulling over the same.
Cash-in-hand leniency is well and truly over, ATO says, after receiving 43,000 ‘shadow economy’ tip-offs
The ATO has unveiled new data on its 'shadow economy' enforcement activities, as it cracks down on unregulated transactions estimated to keep $11 billion from the taxpayer each year.
