business
Qld government dumps plan to turn gold mine into pumped hydro
A $6 billion dollar project to rehabilitate a gold mine and turn it into a pumped hydro power station has been dumped by the Queensland government. Source link
Live: Renewed Gulf hostilities put markets on edge, ASX poised for small gain
Wall Street was weighed down by another bout of selling in the tech sector. The ASX is priced to edged higher despite renewed hostilities in the Gulf Source link
Telstra phasing out CAN Radio phone system amid customer safety concerns
Telstra’s Customer Access Network Radio has been a lifeline for many for more than 40 years but its technology has reached the end of its life. Customers now fear a new system will not be as reliable in an emergency. Source link
Real estate has been an easy target for criminals laundering money, until now
Anti-money laundering laws mean that for the first time, real estate agents, lawyers, accountants and others must report suspicious transactions. Source link
'It's shocking': ASIC says too many Australians' retirement savings are being wiped out
The corporate watchdog is concerned that super trustees that manage Australians’ retirement savings have a lack of safeguards in place. Source link
Two things this week gave clues about the global future
Two things happened last week that give us a much clearer picture of what the world is going to be like from now on. Source link
Major capital cities record worst housing auction clearance rates in years
Sydney and Melbourne record their weakest auction results in years, with fewer than half of all homes going under the hammer finding a buyer. Source link
As the cost of living rises, old-school bartering makes a comeback
Bartering is one of the oldest trade systems in the world, and as the cost of living soars, there is growing interest in trading homegrown and homemade goods. Source link
'Worst' wind lull pushes green poster child South Australia to its power limits
South Australia is at the bleeding edge of the energy transition but record low winds have pushed its grid to the brink of its limits. Source link
Why hasn't the global economy completely collapsed?
An unfortunate side effect of the incompetent and erratic negotiating tactics of the Trump administration is that some of the underlying stories in the global economy can get overlooked. Source link