business
E-scooter rental companies say proposed laws threaten Qld viability
The government’s proposed legislation — including new licensing requirements, a 10km/h speed limit on footpaths, and an age restriction — are expected to become law in July. Source link
'We live up here to escape': Residents unhappy with sand dredging proposal
A Dutch dredging company acknowledges concerns from some community members in northern Western Australia that public meetings should have been held earlier. Source link
ASX 200 down, oil prices up, AUD stronger — as it happened
The ASX 200 has made a disappointing start to the week, despite both the S&P 500 and tech-centric Nasdaq indexes setting new record highs, while oil prices are surging with Brent crude around $US107 a barrel. Source link
'Membership to nothing': The multi-million-dollar Wild West of rewards clubs
“Rewards clubs” have exploded in Australia, claiming to have given away hundreds of millions in prizes, but they operate with almost no legal scrutiny. Source link
Act before commodities boom leaves us bust, urges former Treasury boss
Former Treasury secretary Ken Henry says the under-taxed resources sector has hollowed out Australia’s economy, and raising more revenue from the sale of LNG resources was in the national interest. Source link
Why the gas tax momentum is building to stop selling Australia short
Gas giants are breathing a sigh of relief after Prime Minister Anthony Albanese ruled out a 25 per cent tax on exports in next month’s budget. But for how long will the federal government resist something that one leading expert says is in our “national interest”? Source link
ASX 200 down after Wall Street losses, oil prices spike again — as it happened
Australia’s ASX 200 has ended the week on a disappointing note, although the market clawed back most of its earlier losses to finish less than 0.1 per cent down for the day. Meanwhile, oil prices are rising again with Brent crude trading above $US105 a barrel. Look back on day’s events with the ABC News […]
How Aussies near you are coping with the fuel crisis
Petrol prices are reshaping Australian life in ways big and small — from a grandmother’s isolation to a farmer’s future. Source link
Warnings of power price rises, missed renewable targets under proposed tax
The treasurer says changes to capital gains tax for foreign investors is a clarification, but experts say it could dampen investment. Source link
Viva Energy boss says more refineries needed for secure fuel supply
The Viva Energy refinery provides about 10 per cent of Australia’s fuel. Its chief, Scott Wyatt, chats to Alan Kohler about the company’s future in the wake of the Geelong fire. Source link