business
Grape growers want to rezone land for housing to exit industry in crisis
The wine grape industry in South Australia’s Riverland continues to face unprecedented levels of uncertainty, as growers look to exit the industry and turn their land into residential housing. Source link
Telstra investigated for environmental breaches in SA national park
Sources say the actions will likely affect Aboriginal communities and that the investigation was not shared with the public. Source link
Private health patients stung by exclusions after downgrading policies
Australians are increasingly downgrading their health cover, with 360,000 people leaving gold policies since 2020. But some have been left out of pocket for surgeries they thought they were covered for. Source link
Millionaire economist's dire warning for Australian property market
British economist Gary Stevenson is on a speaking tour, warning Australia will follow the path of the UK with “poverty exploding” unless politicians deal with inequality. Source link
ASIC announces review into 'lead generators' pushing super switching
ASIC is investigating whether lead generators are complying with their legal obligations when suggesting people switch their retirement savings into less-regulated investment schemes. Source link
Are discounts fair dinkum? Coles' 'Down Down' pricing in the spotlight
Coles downplays what shoppers understood when they saw its “Down Down” price tags, saying “not much”, on the second day of a bombshell federal court case. Source link
Fight against WA tobacco black market criticised as new penalties unveiled
Amid moves to increase penalties for those involved in the illegal tobacco trade, Western Australian authorities are slammed for handing out just $88,100 in fines last year. Source link
'Too complex': Coles lawyer says grocery prices tough to understand — as it happened
Coles has faced hearings at the Federal Court in Melbourne regarding accusations of misleading customers on discounts. The Australian share market was up, following Wall Street. Look back on the day’s events and insights from our business reporters in the ABC News markets blog. Source link
Warning Australia is a dumping ground for slave-made goods
Australia’s anti-slavery commissioner calls for tough new laws forcing companies to take slavery in their supply chains seriously, as Ansell and Kmart face scrutiny. Source link
Why the Reserve Bank's interest rate hike may be a one-off
Fresh warnings of further rate rises have been enough to send shivers up the collective spine of new homeowners, but if there’s any comfort to be had, it’s this: Don’t believe a word of the forecasts. Source link