business

With just one week until Rio Tinto’s deadline for a power deal for its Bell Bay Aluminium smelter, business and community leaders are calling on the state and federal governments to act to secure the smelter’s future. Source link

Prime Minister Anthony Albanese reiterates there will be no change to Western Australia’s GST arrangements after a report recommended scrapping the existing deal.  Source link

Accounting firm KPMG says it will cut 27 partners and about 360 staff from its Australian arm, as well as revamp its structure, as it grapples with lower revenue from lost contracts following the audit leaks scandal. Source link

With final advice due by the end of the year, critics point to Woodside’s own modelling to sink the $30 billion gas project.  Source link

One of four government-run explosive facilities in Queensland, the Bajool reserve has been in action since 1913. There are plans to expand it to meet increased demand from the mining industry. Source link

The Australian share market has closed higher, led by the materials sector. It follows Wall Street finishing Friday on a positive note, but still shedding 1.4 per cent over the week. Source link

Hollywood actor Ben McKenzie speaks to ABC News about what led him to investigate one of the biggest financial movements of the decade. Source link

Typically, bond rates rise when an economy is doing well and inflation appears to be moving up. But something much deeper and more structural is currently going on. Source link

Robots replace half the casual workforce and double the output capacity at one of Australia’s largest avocado packing sheds. Source link

Andrew Barr says there is no need to pause the development of new data centres in Canberra because the ACT’s standards will meet or exceed proposed national rules. Source link