Blanket bans on AI could cause ‘data centre panic’

3 September

One-size-fits-all restrictions on how artificial intelligence data centres are powered could send investment in the growing technology overseas, business groups warn.In a submission to a Senate inquiry into AI data centres, the Australian Chamber of...[Read More]

Treasury tips AI as key driver of productivity growth

3 September

Artificial intelligence could be the ticket out of stunted economic growth while risking the future of increasingly high-skilled jobs, according to Treasury advice.In a brief handed to the treasurer, AI has been characterised as a tool which could...[Read More]

New Workplace Reforms: Balancing Flexibility, Fairness and Work-Life Boundaries

27 August

Workplace rights and obligations continue to evolve, with new measures aimed at improving the balance between work and personal life, and clarifying pathways from casual to permanent employment.Two major changes recently came into effect for small...[Read More]

Modular homes rollout to hasten build times, cut costs

26 August

A modular home factory will receive $120 million in taxpayer backing to turbocharge the fledgling industry and solve Australia’s housing shortage.The investment in Built Living – a 50:50 joint venture between Australian contractor Built and...[Read More]

Red tape strangling efforts to tackle housing crisis

30 July

Allowing three-storey townhouses to be built on most residential land is one of the key recommendations of a major report outlining what Australia needs to do to fix its housing crisis. Governments have gotten in the way of new housing supply by...[Read More]

‘Build resilience’: refinery touted but discount to end

29 July

Australia’s fuel security could soon be bolstered by a new refinery, but questions have been raised about the business case for the facility. Prime Minister Anthony Albanese announced plans to look into building Australia’s third oil refinery in...[Read More]

Seven new skills worth learning after 50

23 July

Turning 50 is not the beginning of slowing down. For many people, it is the stage when experience, confidence and perspective finally come together. You may have fewer reasons to impress others and more freedom to invest your time in what genuinely...[Read More]

Workers ‘forced’ to accept AI systems or leave jobs

23 July

Australians are at risk of losing jobs or being trapped in unethical situations as artificial intelligence use soars, despite the hopes of the federal government, an expert has warned. Prime Minister Anthony Albanese used a speech in mid-July to...[Read More]

Jobs data tops economic agenda as Iran war re-escalates

23 July

Jobs data is expected to show ongoing resilience in Australia’s labour market but renewed conflict in the Middle East could bring more bad news for the domestic economy. The unemployment rate is expected to hold steady at 4.4 per cent in June...[Read More]

Cyber awareness in everyday life: Five ways to avoid being scammed

16 July

Our everyday lives are increasingly managed online. We receive bills by email, banking alerts by text, delivery updates and payment requests through apps and websites. These services are convenient, but they also give scammers more opportunities to...[Read More]

Strong jobs figures clock on for future rate rise shift

2 July

Stronger-than-expected jobs and spending data has bolstered the case for more rate hikes, but events overseas could stay the Reserve Bank’s hand. An extra 40,300 jobs were added to the economy in May, driving down the unemployment rate to 4.4 per...[Read More]

Labor identifies businesses to be exempt from new tax

25 June

A budget backlash has prompted Labor to announce new carve-outs for innovative firms from the capital gains tax, as well as a backdown on a minimum tax on testamentary trusts.   WHAT DID LABOR ANNOUNCE IN THE BUDGET? * The existing 50 per cent...[Read More]

‘Bad to worse’: productivity sinks to post-pandemic low

18 June

Australians are working longer hours but it’s not showing up on the productivity scoreboard as levels tumble to a post-pandemic low. The Productivity Commission’s quarterly bulletin reinforces the scale of the challenge confronting Treasurer Jim...[Read More]

Tax changes push biotech and health sectors offside

11 June

Some of Australia’s leading health and life sciences organisations are urging Treasurer Jim Chalmers to review the changes to research and development taxes proposed in his budget. Sector advocates say while they’re concerned over a number of Dr...[Read More]

Aussie retailers under pressure from e-commerce giants

10 June

Australians are paying more for online deliveries, and while faster and more convenient, the rise of global e-commerce giants could spell trouble for local retailers. With labour, fuel and maintenance costs continuing to rise, consumers are forking...[Read More]