business
Live: ASX set to fall despite gains on Wall Street
The local share market is set to open lower despite a strong rebound on Wall Street overnight. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link
The pros and cons of retiring overseas with your pension
With some foreign countries offering cheaper living expenses, it is no surprise that moving overseas to retire is increasingly attractive to some older Australians. But before you up stumps and book that flight, read this. Source link
New data shines light on state of EV public charger network
It’s often claimed Australia has an EV public charger shortage, but analysis of exclusive data shows most fast charger sites are not congested. Source link
'Sleepwalking into a catastrophe': Proposed data centre raises water fears
To its supporters, this proposed data centre will provide much-needed regional jobs, but in the nation’s driest state, critics say the draw on river water to cool the machines could be too great. Source link
Global telco escapes penalty for bank scam texts despite customers losing millions
A global telco that failed to stop more than 1,000 scam text messages from reaching Australians has faced no consequences, the ABC can reveal. Source link
Would you live in a 1930s pump station? This couple made one their home
From former post offices to pumping stations, there are buildings with commercial histories all around Australia. Could repurposing them into homes help with the housing supply? Source link
New hope for former celebrity island getaway off Far North Queensland
A new lease has been announced for the abandoned Double Island resort, and Brad Pitt, Keanu Reaves and Jennifer Aniston have been invited back for the reopening party. Source link
ASX closes down as US rate rise looks increasingly likely this year — as it happened
The ASX closed down today, led by mining and tech stocks. Oil has also fallen as the US-Iran peace deal lifts the outlook for supply. Source link
AI factory 'brings into doubt' Marinus Link future
Tasmania’s cool climate and access to renewable energy has made it an attractive place for AI data centre investment, but energy industry voices are warning that the business case for the Marinus Link project appears increasingly unviable if power-hungry players such as AI data centres continue to expand across the state. Source link
Couple left with nothing after investing $1m in 7-Eleven franchise
Jotika and Sunny Sharma took out a loan to purchase their Sydney franchise in 2015. When the lease expired this year, their relationship with the convenience store giant turned ugly. Source link