business

The ASX has slipped into negative territory after lunch on Friday. Follow the day’s events and insights from our business reporters on the ABC News live markets blog.  Source link

Four over-50s lifestyle developments have been approved for this small beach community, with two more being assessed. Some worry the area is not ready for the influx, others say it is the answer to the housing crisis. Source link

Today show host Karl Stefanovic will leave Channel Nine after a controversial podcast interview with British far-right figure Tommy Robinson. Source link

Qantas has axed its direct Alice Springs-Melbourne route after “many decades”, and will also restrict flights between Darwin and Singapore to the peak tourist season. Source link

Tasmanian households and businesses with the state-owned electricity retailer will be paying more for power, after a price rise was approved by the economic regulator. Source link

Australia’s unemployment rate slipped to 4.4 per cent in May, down from 4.5 per cent in April, in seasonally adjusted terms.  Source link

Andrew “Twiggy” Forrest’s mining giant Fortescue has been slapped with a landmark class action alleging systemic sexual harassment, discrimination and toxic work sites. Source link

The unemployment rate has fallen to 4.4 per cent in May, down from 4.5 per cent in April. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link

A rundown boarding house which was once a haven for vulnerable people in inner Sydney is set to be converted into luxury apartments. Source link

The first stage of a $9 million private worker accommodation development, designed to make it easier to attract essential workers to western Victoria, has reached completion. Source link