Renowned Australian fashion brand Dion Lee has entered voluntary administration following reports Cue Clothing Co. has stepped back from its partnership and recalled their investment in the business.
Tax cuts and a $300 energy rebate are among the core focuses of Jim Chalmers 2024-25 Federal Budget – that is projected to deliver a $9.3 billion surplus for this financial year. Here’s a breakdown of some of the key winners and losers from Tuesday night’s announcement.
The Reserve Bank of Australia (RBA) is unlikely to lower interest rates until at least 2025, despite the easing inflation, according to the Finder RBA Cash Rate Survey.
Meta, the parent company of Facebook, has announced it will cease payments to Australian news publishers, effectively ending its financial agreements when they expire later this year.
Jayne Hrdlicka will step down as the CEO of Virgin Australia, the airline has confirmed.
Lang Walker AO, a titan of the Australian property development industry and a noted philanthropist, has passed away at the age of 78.
Optus CEO Kelly Bayer Rosmarin has announced she will step down following the telco’s national outage that impacted more than 10 million customers.
Disgraced FTX founder Sam Bankman-Fried has been found guilty of all seven criminal counts in his federal fraud and conspiracy trial.
Tim Gurner admits he deserved the intense backlash he received after suggesting Australia’s unemployment rate should increase 40 – 50%.
Australians have rejected an Indigenous Voice to Parliament advisory body with the majority of voters saying No to the proposed constitutional change.