business

The company says almost one third of staff across 40 countries would be affected by the redundancies as a move towards AI sees a reshaping of its workforce.  Source link

Four million people are tipped to live in Western Australia by 2043 according to a new report which warns the boom could be derailed by a housing shortage.  Source link

Headline inflation was 3.8 per cent in January, which was unchanged from December, but underlying inflation increased slightly. Both numbers were higher than expected. Source link

Woolworths shareholders will receive an interim dividend of 45 cents per shares, up from the same time a year ago. Source link

The local share market is at record levels, while the Australian dollar is climbing after inflation was steady at 3.8 per cent in January. WiseTech and Woolworths shares surge. Follow live. Source link

Regional news broadcaster WIN has announced it will acquire Nine Darwin, just over a year after the Nine Network suddenly axed its Darwin TV news bulletin. Source link

Bernie Fraser tells a Senate committee hearing on capital gains tax that, if it were up to him, he would abolish the discount, as he warns younger Australians are watching the unaffordable housing market in “dismay”. Source link

Two backpacker hostels in Western Australia’s largest regional city have been ordered to shut due to serious health and safety concerns, including asbestos exposure risks. Source link

Burnie Airport has been told it will need to introduce security screening, but the airport’s director says the cost of doing so will make some services commercially unviable and threaten the airport. Source link

The Canadian government confirms details of Prime Minister Mark Carney’s trip to Australia, where he hopes to deepen ties on trade, defence and critical minerals as his country looks to reduce reliance on the US. Source link