business

Two former executives of The Star Entertainment Group Ltd have been handed penalties for breaching the Corporations Act in connection with a Chinese money-laundering scandal. Source link

The former director of Zone RV faces a criminal probe into allegations he acted recklessly or dishonestly before the manufacturer collapsed with debts of $42 million. Source link

The state’s union for train drivers says a draft bill mandating more lights on trains is “fundamentally flawed” and would not fix motorists’ behaviour at level crossings. Source link

Oil prices sink to a three-month low on reports the US will allow Iran to start selling oil again, while the Australian share market edges up after a sell-off across Wall Street’s tech and AI stocks. Source link

Democracy cannot survive trillionaires. We need to start taxing billionaires properly. Source link

Michele Bullock made it abundantly clear that the RBA was not ruling out further interest rate rises, but the market appears to be unswayed by the tough talk. Source link

A once popular brewery has been fined in court after shutting up shop earlier this year due to an ongoing legal battle with a Queensland council. Source link

The Reserve Bank keeps the interest rate at 4.35pc as Australia’s economy slows down. Source link

Retailer Lincraft will close the remainder of its shopfronts after more than 80 years of providing fabric, materials and homewares to Aussie crafters. Source link

Once a cheap meat for families doing it tough, the price and availability of rabbit means it has gone from family dinner to fine dining.  Source link