business
Live: Australian dollar rises on US-Iran deal, ASX to lift
The Australian dollar is rising after Donald Trump confirmed a deal has been reached with Iran, saying the Strait of Hormuz will open. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link
Concerns new BHP agreement 'locks in' basin water extraction
Environmentalists and First Nations groups say a new mining agreement with BHP does not do enough to end water extraction from the Great Artesian Basin. But the SA government says the agreement imposes stricter environmental regulation. Source link
AI company set to become Tasmania's biggest power user
Artificial intelligence company Firmus Technologies will become Tasmania’s biggest power user if its ambitions to establish three “AI factories” in the state come to fruition. Source link
Travellers owed $4.3 million as dream holidays shattered
Australian travellers who collectively lost millions after a travel agency collapsed are calling for an overhaul of consumer protections in the sector. Source link
Buyer's agency clients urged to proceed days before collapse
Emails and messages seen by ABC News show Dashdot’s staff were still encouraging prospective customers to engage with the buyers agency shortly before it entered voluntary liquidation. Source link
Prolonged pause on interest rates possible as RBA board meets for June
Most experts are tipping interest rates will remain on hold but the question is when will they come down. Source link
Is SpaceX worth $3 trillion? Of course not, but that's not the point
To get a sense of the difference between the Tesla and SpaceX IPOs, consider that 1.7 billion seconds ago was 1972, when Elton John released Rocket Man, while 1.7 trillion seconds ago was 52,000BC, when we shared the planet with Neanderthals. Source link
'Lambo Guy' Adrian Portelli sues former minister over lottery comments
Melbourne “rewards club” lottery billionaire Adrian Portelli has launched a defamation lawsuit against former SA minister Andrea Michaels over comments she made about a $3.5 million home prize draw. Source link
Mitre 10 franchisee battles to stop Bunnings opening next door
A small town retailer is battling it out with Australia’s biggest hardware giant in the Federal Court to stop Bunnings from opening up literally next door to his Mitre 10 franchise. Source link
Andrew Forrest defends native title deals after $150m Yindjibarndi win
Mining magnate Andrew “Twiggy” Forrest has defended his company’s approach to Indigenous agreements after a court ordered the miner to pay $150 million in compensation to the Yindjibarndi people. Source link