business
Westpac keeps regional branches for another three years
One of Australia’s largest banks has committed to retaining regional branches for another three years, following a federal inquiry into the impact of branch closures on country towns. Source link
ASX sheds $59 billion as 'perfect storm' of worry hits market
The Australian share market posts its worst one-day loss since the fallout from Donald Trump’s Liberation Day tariff announcement in early April, with more than $59 billion wiped off the value of listed companies. Source link
Farmers defy compulsory access powers to block VicGrid staff
Farmers thwart VicGrid in its first attempt to use compulsory access powers to enter their properties. Source link
Choice bought 24 toys online. Only seven were safe to give to children
The consumer group is warning parents to be wary of the dangers of button batteries in seemingly harmless products aimed at children. Source link
Renewable energy generators need to cut out when sun blazes and wind blows
When there is an oversupply of solar and wind power, energy producers are paying more to deliver electricity to households than they get paid. Here’s what we know about how it affects you. Source link
Price of Australian beef unlikely to change as Trump ends tariffs
Shoppers at home and abroad are unlikely to see any immediate change in the price of Australian beef as tariffs that did little to curb demand in the first place are lifted. Source link
Salmon antibiotic leads to partial rock lobster fishery closure
The Tasmanian government closed two zones within the state’s rock lobster fishery just hours after the commercial season opened. The closure is in response to concerns about an antibiotic being used by salmon companies and the rock lobster industry’s reputation in overseas markets. Source link
Preferred buyer for Bedford says it will 'protect what matters the most'
The federal health minister says the jobs of “hundreds and hundreds of South Australians who live with a disability” have been secured, as The Disability Trust is named as the preferred buyer to take over Bedford’s supported employment and learning and experience programs. Source link
Fears Herons Creek may become 'ghost town' due to new koala park
A third of Herons Creek’s population on the NSW mid north coast faces possible redundancy as the timber mill struggles to survive the logging moratorium to create the Great Koala National Park. Source link
ASX claws back early losses to end flat — as it happened
The ASX recovered from early losses to end the day where it started. Source link