business

The Environment Department projects Australia is expected to fall well short of its commitment to cut emissions by 62 to 70 per cent by 2035 — though the minister notes that is before accounting for a number of recent commitments. Source link

The Australian banking regulator will impose limits on large home loans from February, while the ASX rises as Wall Street extended a recent recovery. See how the trading day unfolded on our live blog. Source link

Optus has been under intense scrutiny after a network outage in September left hundreds of people unable to call Triple Zero and was linked to three deaths. Source link

More than 14,000 Optus services south-east of Melbourne were affected by the Wednesday morning outage, which the telco says was caused by vandals attempting to steal copper. Source link

A newly formed Queensland company has taken over a majority shareholding in a Bowen Basin coal mine, securing 1,000 jobs. Source link

Hotter inflation sees the Australian dollar bounce, as the ABS releases its first monthly consumer price index. The ASX closes up after an upbeat session on Wall Street as the odds of a December interest rate cut jumped above 80 per cent. Source link

Regional apprentices are out of pocket for frequent travel and accommodation costs to attend city-based TAFE studies. Source link

Four years after buying a housing plot, the Websters’ land is still vacant, without a water or sewer connection, and they have now been told to expect those services by 2028. Source link

Uber Eats says a partnership with its fading competitor allows a “smooth transition” for Menulog users as the service delivers its last meals in Australia. Source link

Superannuation giant Cbus will pay a $23.5 million fine after admitting it breached the law over major delays in its handling of insurance claims. Source link