business

The Australian share market is likely to fall in morning trade after a sell-off across technology and artificial intelligence (AI) stocks knocked Wall Street’s tech index sharply lower. Oil prices surged after the US confirmed it launched strikes on Iran, after three commercial ships were attacked near the Strait of Hormuz. Follow live. Source link

A crippling statewide cancellation of Victoria’s regional trains, linked to a Telstra outage, is set to continue disrupting services into Thursday morning. Source link

The federal government must look at age and wealth together to meaningfully deal with the growing wealth divide between generations, according to The Australian Council of Social Services (ACOSS). Source link

Telstra customers, as well as customers of mobile providers that use Telstra’s network, have flooded outage detection websites with reports. Source link

Artificial intelligence is not yet causing a broad disruption to Australia’s labour market, according to a government report. Source link

More than 1 million Qantas customers are being notified they may be eligible for access to a multi-million-dollar settlement.  Source link

As the NRL reveals its new broadcast rights deal worth billions of dollars over seven years in 2028 through 2034, executives try to hose down concerns about rising subscription prices. Source link

The billionaire founder of WiseTech Global said he was stepping down as the company’s chair after “recent personal media attention” created an “unnecessary distraction” from the business.  Source link

ABC News understands Microsoft Australia staff will be impacted by the tech giant’s latest round of lay-offs. Microsoft will cut about 2.1 per cent of its global workforce. Source link

Alcoa’s $8 billion purchase of South32 could be key to unlocking untouched areas of WA’s northern jarrah forest for bauxite mining, raising the concern of environmentalists. Source link