business
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
KPMG the latest example of accountants being unaccountable
Bean counters have historically been viewed as dull, dull, dull. But since the turn of the century, accounting scandals have come thick and fast in Australia. Source link
HSBC agrees to pay $35 million penalty after widespread scam failures
HSBC has admitted to failing to protect customers from scams and agreed to a $35 million penalty in the Federal Court. Source link
Sydney-to-London unveiled as first route for Qantas's Project Sunrise
The flights, set to begin take off from next year, will mark the first time flights from the east coast will complete the Kangaroo Route without a stop over. Source link
'Cut the complexity': Watchdog moves to dramatically simplify power bills
Millions of Australians have been often unwittingly moved to complex and variable power tariffs. An energy watchdog says bills must be simplified. Source link
NT's new climate resilience plan lists gas project as top priority
The Northern Territory government’s newly released climate resilience plan has listed the acceleration of gas extraction at the Beetaloo Basin as a top priority. Environment groups have fiercely criticised the plan, saying it will “make climate change worse”. Source link