Australian business

Despite the push towards net zero, superannuation funds are still betting big on oil, coal, and gas interests.

The competition watchdog said that the increase in airline seat capacity contributed to lower airfares for domestic travel.

The company expected to save $350 million with the layoffs, which would immediately begin with 377 supporting roles.

While 96 percent of Australians wanted brands to do some form of good, 61 percent did not support companies taking a position on social and political issues.

This comes amid a decline in companies’ trust in the government due to new policies and economic uncertainty.

Treasurer Jim Chalmers says the current voluntary regime is ’too hit and miss’ and there’s no way of knowing if the right mergers are being scrutinised.

Existing arrangements prevent growers from entering their own agreements.

Australia is 18 months from the last possible date for the next federal election, so expect a lot more blame-shifting, but hopefully none as absurd as this one.

Australia’s two largest supermarket chains have been blamed for putting pressure on suppliers to lower costs.

The move comes as Qantas continue to rebuild trust with its customers after a series of run-ins with regulators.

‘And as we put together next month’s budget, small businesses and families will again be front and centre.’

Santos shares have dropped nearly 9 percent after Woodside announced it was ending talks on a merger between the two companies.

Cyber expert Robert Potter says some firms are handling sensitive government information on the same server as Chinese clients.