business

A consortium led by Calvary Health Care will take over the remaining 25 Healthscope hospitals it does not already own. The ASX finished flat as higher oil prices stoked inflation and rate rise worries. Source link

After a week of warnings from inside the artificial intelligence industry, its leaders are calling for scrutiny on development. But who has the power to make restraint work in a competitive world? Source link

Competition in the mortgage market is heating up as banks compete for fewer customers by cutting home loan rates, while economists expect the Reserve Bank to hike interest rates. Source link

As Bathla was being buried under mounting debts, the family behind it amassed a portfolio of luxury properties. Source link

Global interest rate hikes are predicted as oil prices spark inflation fears. Source link

AI has made the race to publish mathematical breakthroughs pointless, according to the Australian at the centre of an controversy this week involving one of the world’s top AI companies. Source link

May bought her apartment on the promise that property developer Bathla would knock $40,000 off the price at settlement. Now with the company in administration, she has no guarantee it will be honoured. Source link

Australian shares are lower after oil prices and treasury yields surge, weighing on Wall Street. Source link

Australia’s most expensive homes are leading the housing downturn, with high-end houses in Sydney and Melbourne down more than 10 per cent, property data shows. Source link

The Australian share market ended lower for the third-straight session this week despite recovering from earlier losses that saw it shed as much as $50 billion. Source link