business
Companies eye untapped gas in the 'Saudi Arabia of the Pacific'
Global oil and gas giants are rushing to green-light a massive LNG project on Australia’s doorstep as war in the Middle East forces countries to look for alternative energy supplies. Source link
What a housing downturn would look like in your city
New Cotality modelling data shows what property prices could look like across the capitals if the market falls by 5, 10, 15 or 20 per cent. Source link
Telstra boss defends pay rise despite outage and job cuts, ASX closes down — as it happened
Telstra boss Vicki Brady has defended an 11 per cent pay rise despite the telco cutting 1,200 jobs and an outage in July, while the ASX closed lower. Source link
'Back to the 60s' as ombudsman finds systemic issues in mobile services
A report from the Telecommunications Industry Ombudsman is recommending a root and branch review into telco services in regional Australia. Source link
The hospitality app some businesses use to cover shifts without paying super
A hospitality jobs marketplace that boasts thousands of users might be incorrectly labelling workers, a legal expert says, as the Fair Work Ombudsman tells workers to report any concerns. Source link
Commonwealth Bank home loan applications fall 15pc since May
Australia’s largest home lender, the Commonwealth Bank, has seen home loan applications tumble 15 per cent since May, after three interest rate hikes and the federal budget’s tax changes. Source link
ASX drops, CBA beats expectations with $10.9b profit — as it happened
The nation’s second-largest company Commonwealth Bank has reported its annual net profit rose to $10.9 billion. Source link
One census question artificially inflates Australia's home ownership rate
The single census question that inflates home ownership by more than a quarter. Source link
Health insurers access full medical records in 'aggressive' audits
Hospitals and allied health providers are concerned that insurers are asking providers for their patients’ full clinical history. Source link
The RBA doesn't think it will raise rates again, but it doesn't want you to know
If the Reserve Bank’s economic forecasts are right, then the governor says it is done raising interest rates. But the risks of it being wrong are skewed towards another hike. Source link