business
Weapons maker Thales loses out on multi-billion-dollar missile contract
Thales was the favourite to win the contract to develop a mobile missile system for Australia, but now the future of its StrikeMaster missile launcher is uncertain. Source link
Transport vessel for getting electric ferry to new home stuck in Strait of Hormuz
The world’s largest electric ferry is sitting idle in Tasmania after construction was completed because the heavy-lift ship that was booked to take it to South America is stuck in the Strait of Hormuz. Source link
'System … is broken': Mounjaro won't be listed on PBS in 'stand-off' with US maker
The “broken” process behind listing medication on the PBS contributes to hundreds of thousands of Australians with diabetes missing out on subsidised lifesaving medication, according to the peak industry body. Source link
Live: Wall Street hits records as Australia awaits inflation data
Two of the key US indices are at record highs despite uncertainty about the ongoing conflict in the Middle East. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link
Community divided over $1.5b waste-to-energy incinerator proposal
A proposed waste-to-energy incinerator near Beaudesert divides the Scenic Rim community. Supporters say it could ease Queensland’s landfill crisis, while opponents fear health and environmental risks. Source link
One of Australia's tropical islands now costs twice as much to run
Fuel costs have more than doubled for one of the Great Barrier Reef’s major tourism operators — and it’s forcing a rethink on how paradise is powered. Source link
Health insurer for 4 million Australians accused of anti-competitive contracts
Leaked contracts obtained by the ABC reveal Bupa’s deals with private hospitals impose stifling conditions on operators that are too small to push back. Source link
AI architects become their own victims
Tim Cook helped usher in a communications revolution and his departure from Apple marks a turning point for the company. It also serves as a reminder of how AI is changing the tech landscape. Source link
Court battle between Musk and Altman to reveal power struggle at Open AI
The world’s richest man is accusing the company and its chief executive Sam Altman, and Microsoft of betraying the AI start up’s original mission. Source link
This week could see Tasmania's hottest May day in nearly 140 years
Tasmania is well into autumn, but firefighters remain on alert as late-season bushfires have threatened communities. This Friday marks the first day of May, and with it could come one of the state’s hottest May days in nearly 140 years of record-keeping. Source link