The Flashwire

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Staff at Australian department store David Jones are being told which stores will close, with official announcements due today, the Sydney Morning Herald and ABC News report. The Australian Financial Review...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. The bank said teams are working to restore services and that call centre wait times are longer than usual. Westpac said on Tuesday that some customers are having intermittent problems with its app, online ba...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. David Jones has entered voluntary administration after talks with landlords failed, the Australian Financial Review reports. Scentre, the Westfield operator and its largest landlord, says rent has not been p...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Australia’s annual inflation rate rose to 4.3 per cent in the 12 months to September, up from 4.0 per cent in August, the Australian Bureau of Statistics said. Housing, up 5.2 per cent, was the largest contr...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Australia’s annual inflation rate rose to 4.3 per cent in the 12 months to September, up from 4.0 per cent in August, the Australian Bureau of Statistics said. Housing, up 5.2 per cent, was the largest contr...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Australia’s largest casino company, The Star Entertainment Group, has been fined $260 million over historical money laundering violations. Justice Cameron Moore handed down the penalty in the Federal Court t...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Independent MP Helen Haines was critically injured Monday afternoon when a white Toyota LandCruiser struck her outside her electorate office, and Prime Minister Anthony Albanese called it “a deliberate act.”...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Australia’s seasonally adjusted unemployment rate was 4.7 per cent in September, the Australian Bureau of Statistics said Thursday. The number of employed people fell by 39,000, while the number of unemploye...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. The Federal Court has ordered insurer Hollard to pay a $2 million penalty after it admitted serious failings in handling a home insurance claim from a regional Victorian family. ASIC said Hollard breached it...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Treasurer Jim Chalmers announced on Friday that the federal government will fund the cost of credit card surcharges so the Australian Taxation Office can delay its ban on card payments for tax bills. The ATO...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Firmus Technologies has withdrawn its application to list on the ASX, scrapping what was set to be Australia’s biggest float in decades after a poor reception from investors, the company said Friday. The AI...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Opposition Leader Angus Taylor has announced a plan to cut net overseas migration to 100,000 in each of the first two years, rising to 160,000 by year four. The package would abolish temporary graduate visas...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Australia’s consumer prices rose 4.0 per cent in the 12 months to August, up from 3.5 per cent in July, the Australian Bureau of Statistics said Wednesday. Housing was the largest contributor, rising 5.7 per...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. The board said the Middle East conflict had broadened, global energy prices were much higher than assumed and recent inflation was stronger than expected. The Reserve Bank of Australia raised the cash rate t...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Larissa Waters has stepped down as leader of the Australian Greens. In a Facebook post, she said a downturn in the chronic kidney disease she has been quietly managing means her doctors have advised a slower...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. An artificial intelligence agent being trained by OpenAI gained unauthorised access to an Australian government Medicare statistics website in June, the federal government said Thursday, calling the breach v...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Australia’s unemployment rate rose to 4.6% in August, even as employers added 39,000 jobs, the Australian Bureau of Statistics said Thursday. The number of unemployed people climbed by 28,000 over the same m...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. National Australia Bank customers are locked out of their accounts online right now. NAB is experiencing a digital outage across multiple platforms including its mobile app, internet banking and phone servic...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. National Australia Bank customers are locked out of their accounts online right now. NAB is experiencing a digital outage across multiple platforms including its mobile app, internet banking and phone servic...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Reserve Bank governor Michele Bullock used her last public appearance before next week’s board meeting to knock back questions about how she’ll vote, telling a CEDA audience in Sydney she doesn’t speak for t...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Immigration Minister Tony Burke used a National Press Club address in Canberra, delivered on Citizenship Day, to detail Labor’s overhaul of the migration system after a six-week delay. Burke said net oversea...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Administrators have permanently closed the blast furnace at the Whyalla steelworks in South Australia, cutting the site’s workforce from 1,700 to around 1,200. KordaMentha partner Sebastian Hams told staff o...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. S&P Global Ratings has downgraded Queensland’s long-term issuer credit rating from AA+ to AA, the state’s first downgrade in almost two decades. The agency cited weak budgetary performance and structurally h...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. The federal government released draft legislation Tuesday requiring social media platforms to give Australian users control over what their feeds show them, building on last year’s ban on social media accoun...

This piece is freely available to read. Become a paid subscriber today and help keep Mencari News financially afloat so that we can continue to pay our writers for their insight and expertise. Australia’s gross domestic product grew 0.4% in the June quarter and 2.1% compared with a year earlier, the Australian Bureau of Statistics said Wednesday, as households continued to spend cautiously and bus...