business

The author of The Nerd Reich: Silicon Valley Fascism and the War on Democracy, has a warning. Source link

Police found a bag containing 47 iTunes gift cards in bundles of five labelled with post-it notes when they raided a home in Sydney’s western suburbs. Source link

The corporate regulator said it would take “no action” against the Perth-based miner and its managing director after concluding its investigation into the tax allegations. Source link

The yield of the Australian government’s 10-year bond has climbed to a 15-year high, in a worrying sign for Australian borrowers.  Source link

Administrators of crumbling property development business Bathla Group are preparing to liquidate it by the end of the day.  Source link

Australian house prices are falling in some major capitals, and new building approvals data is set to show a continued shortfall of homes. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link

In the wake of scandals about the misuse of confidential information, embattled consulting firm KPMG is losing million-dollar contracts and cutting its workforce. And that’s all before the corporate regulator, ASIC, has even opened its mouth. Source link

Australian house prices have fallen for a fifth straight month, according to property data firm Cotality. It says the downturn has now spread to 93 per cent of suburbs in the nation’s capital cities. Source link

The Transport Workers Union says 97 per cent of 350 workers who voted backed industrial action, including work stoppages ranging from one to 24 hours. Source link

The administrators of Bathla Group warn the business might not survive until the end of the week, but remain confident they can raise enough funds to finish homes currently under construction. Source link