business
WiseTech shares crash after AFP and ASIC raid office
WiseTech says it was required to produce documents related to alleged trading in WiseTech shares by controversial co-founder Richard White and three employees from late 2024 to early 2025. Source link
Sydney council looks into reducing short-term rental cap to 60 days
City of Sydney already has a 180-day cap on un-hosted short-term rentals, but some councillors say it’s not doing enough to free up housing stock. Source link
Billionaire urged to pay mine's debts or sell as money runs out for workers
More than half the workforce at a coal mine owned by embattled British billionaire Sanjeev Gupta have been stood down without pay, with the union demanding immediate action. Source link
WA is Australia's top economic performer despite weak growth
Western Australia again secures the top gong as Australia’s best performing economy according to a new report by the Commonwealth Bank, despite the state recording some of the country’s weakest economic growth. Source link
More than 311,000 Australian Facebook users can claim in this $50m payout
Right now, more than 311,000 Australian Facebook users can apply for a slice of a $50 million compensation fund from tech giant Meta — the largest ever payment for a breach of Australians’ privacy. Source link
ASX gained on 'constructive' trade talks, rare earths dumped — as it happened
“Constructive” talks between US and Chinese trade negotiations ahead of a meeting between Trump and Xi have lifted global share markets. Source link
Lack of dog care standards irking pet owners and industry in NSW
Animal welfare experts are calling for mandatory qualifications and regulation of dog day care, walking and training services in NSW, as the industry booms. Source link
Drone terror in Europe sends Australian defence tech soaring
As European countries rush to shore up their defences amid relentless fighting in Ukraine and a growing Russian “shadow” threat, companies here are capitalising on the age of drone warfare. Source link
Trump has a 'Sputnik moment' but China is wiping the floor with America
To remind the US president: China is both communist and working passably well, something he and the United States generally are being forced reluctantly to confront. Source link
Abetz's cost-cutting priorities spark concerns for community organisations
Eric Abetz’s first budget for Tasmania is coming — and community organisations fear they’ll bear the brunt of funding cuts to “repair” the budget. Source link