business

The Iran war and the oil supply squeeze are supercharging business investment in renewables. Source link

After 15 years of planning, seven years of construction and a year of testing, Western Sydney International Airport has confirmed its opening date for passengers. Source link

Iron ore mining company Nathan River Resources has gone into voluntary administration owing at least $300 million in debt, unpaid wages and royalties. Source link

It will shut its 62 company-owned stores in the coming weeks and working through “transitional arrangements” with 27 stores owned by franchises, with hundreds of staff facing redundancy. Source link

A free e-bike library is set to continue in Hobart after a successful first year and a reported rise in sales, as more people make the switch to e-bikes. Source link

Managing director Hugh Marks is questioned by Sally Sara over Justin Stevens’s sudden resignation last month, in addition to controversies over the hiring of Grace Tame and subsequent comments by radio host Charlie Pickering. Source link

The local share market is in the red but has clawed back some ground from its early lows. Artificial intelligence giant OpenAI files to become a public company in the US. Follow live.  Source link

A cybersecurity company with financial red flags received a $15m state contract in the dying days of the Miles government. Source link

Serious concerns about an influx of large-scale data centres in Melbourne’s west are being raised by Fire Rescue Victoria insiders. Source link

With two Australian banks cutting fixed home loan rates, there is a ray of hope that the cycle of interest rate hikes has peaked and borrowing costs may be lower down the track — another sign the pace of economic change has moved into overdrive. Source link