business
Motel owners say Booking.com has a stranglehold on their businesses
Booking.com is being sued in Europe, and consumer advocates think Aussie travellers might also have a claim. Source link
'Gulf War III' pushes gold into bear market with no end in sight
The gold price is now plunging after the precious metal’s surge to a record high this year. Source link
KPMG boss quits amid auditing scandal
KPMG Australia chief executive Andrew Yates has quit amid a scandal involving audit partners accessing confidential client documents. Source link
Amazon sued over alleged button battery safety failure in kids backpacks
The consumer watchdog is suing Amazon alleging it sold children’s unicorn backpacks on its online marketplace that failed to comply with mandatory button battery safety warnings. Source link
Live: Auction clearance rates at 2022 housing downturn levels, ASX climbs
Auction clearance rates have fallen to levels not seen since the 2022 housing downturn. The ASX is up solidly as oil prices drop on hopes of a Middle East peace deal. Follow live. Source link
Controversial Sunshine Coast housing development gets federal approval
Up to 12,000 homes could be added to the fast-growing region after a major hurdle was cleared for the contentious Aura South development to proceed. Source link
This herb could halt a major NT gas project
The NT government is arguing its planned mega Middle Arm gas industry precinct will be needed to help shore up Australia’s future fuel and energy supplies — but it has just identified that a tiny endangered herb could be growing in the way. Source link
Major wine retailer puts vineyards up for sale amid industry-wide squeeze
Endeavour Group, which owns Dan Murphy’s and BWS, announces it will step away from some key vineyards and wineries in South Australia, Victoria and Tasmania, and close a major South Australian bottling plant. Source link
Officeworks to offshore hundreds of jobs in search for white-collar workers
The Australian office products retailer is planning to offshore hundreds of jobs to India and the Philippines, joining a growing trend of businesses hoping to find more highly skilled white-collar workers overseas. Source link
Need for mine's hybrid power plant 'embarrassing', outback MP says
An international energy company is building Australia’s largest off-grid renewable hybrid power facility, as a state politician criticises the need for it. Source link