business

Since 2017, Melbourne building boss Mike Harris has overseen four company collapses. Left behind are clients who have lost their life savings and staff who couldn’t pay their mortgages. Source link

What makes the AI-driven stock market bubble unique in history is that if it’s not a bubble, the impact on humanity could be far more challenging than any previous technology. Source link

Two seafood companies that conduct trawling in WA’s Pilbara region launch legal action in the WA Supreme Court against the state government’s new demersal fishing restrictions. Source link

Residents in small Pilbara towns with power grids run by mining companies are excluded from home battery rebate schemes. Source link

Australia’s tipping culture is in the spotlight, following reports more businesses are adding automatic tips to diners’ bills in response to rising operating costs. Source link

The Ballini family made the move to regional Queensland where they are are paying half the mortgage they were in the south-east, but that’s rapidly changing. Source link

The Federal Court has increased penalties to be paid by ANZ to $250 million, while the ASX closed slightly higher. Source link

People who fully paid before the company collapsed can receive their vans if they pay an extra fee, while the majority of customers remain in limbo. Source link

The Victorian government turns to developer contributions and car park levies as it tries to raise more than $10 billion in funding for the first stage of the Suburban Rail Loop. Source link

Kerry Schott’s report into the Triple Zero outage debacle increases pressure on Optus to implement 21 recommendations, some of them “urgent”, and highlights numerous errors. Source link