business
Council fears Sydney suburb risks becoming 'data centre wasteland'
Sydney is in the middle of a data centre boom fuelled by the global AI race. In Lane Cove West and Ryde, residents and councils say they are the ones paying the price. Source link
Factory-built homes could help Australia reindustrialise, report says
Factory-built homes could solve Australia’s housing crisis and drive reindustrialisation, a Labor think tank report says. Source link
Microsoft says Teams outage across Asia-Pacific now 'mitigated'
The company says the issue stopped users “joining or creating Microsoft Teams meetings or calls for users in the Asia-Pacific region”. Source link
Fishing ban considered as NSW South Coast abalone populations depleted
As the NSW government considers closing 350 kilometres of shoreline to abalone harvesting, divers say the severe decline of the shellfish is due to mismanagement. Source link
Live: RBA rate hike calls grow as oil surges
Markets and some commentators are now expecting an August RBA interest rate hike following a surge in oil prices above $US100 a barrel and persistent inflation. Follow the day’s events and insights from our business reporters on the live markets blog. Source link
New airport's neighbours feel overlooked in billion-dollar spend
Luddenham is a five-minute drive from Western Sydney International Airport (WSI), but some residents say they are missing out on the benefits it should be bringing them. Source link
Interest rates don't just hit households. Small business is feeling the pinch
Small-to-medium sized businesses have had a challenging year, with increased costs and regulatory reforms. Insolvency rates are beginning to rise and more owners are shopping around for credit. Source link
Petrol supply could 'tighten' as oil jumps over $US100 a barrel
The entry of the Houthi rebels into the war between the US and Iran has threatened another vital shipping route through the Middle East. Source link
Origin Energy confirms breach of customer data
Energy company Origin confirms there has been unauthorised access to and disclosure of some customers’ data, a day after it announced it was investigating a “potential” breach. Source link
Unemployment rate steady for now, but could increase in coming months
The unemployment rate was steady in June at 4.4 per cent but underemployment has risen. Source link