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Small business

ABS reports 58,000 new jobs in July labour force data

by Anas Siddiqui
ABS reports 58,000 new jobs in July labour force data

The Australian economy added 58,000 new jobs in July, far outstripping estimates of a 20,000 increase, though unemployment ticked up to 4.2 per cent in a mixed labour force landscape …

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CFMEU blamed for driving up costs in building industry

by Anas Siddiqui
CFMEU blamed for driving up costs in building industry

The controversial CFMEU has made Australians poorer, a leading panel of building industry experts has claimed, inflating construction costs on everything from housing to large-scale public works projects while entrenching …

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Cost of living: 49 per cent of Aussie small businesses at risk of shutting down

by Anas Siddiqui
Cost of living: 49 per cent of Aussie small businesses at risk of shutting down

Nearly 1.25 million small businesses are at risk of shutting down as cost-of-living pressures hammer profit margins, a senate hearing into Australia’s cost-of-living crisis has been told. Council of Small …

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Amazon murky on how many Alexa voice recordings are stored

by Anas Siddiqui
Amazon murky on how many Alexa voice recordings are stored

Amazon executives are unable to say how many recordings picked up by Alexa speakers are stored and used to train AI models. The senate select committee on adopting artificial intelligence …

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Telstra profits fall 13 per cent but digging out old tech nets $110m

by Walter Watson
Telstra profits fall 13 per cent but digging out old tech nets 0m

Telstra’s profits have fallen 13 per cent despite 500,000 new mobile customers coming on-board. The telco giant posted its annual results on Thursday morning, showing profits slipped to $1.78bn. Just …

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Consumer stocks lift up ASX200 in buoyant Monday session

by Anas Siddiqui
Consumer stocks lift up ASX200 in buoyant Monday session

Buoyant consumer stocks lifted the local bourse on Monday with bumper results from bellwether retail business JB Hi-Fi injecting a new shot of confidence into the market. The benchmark ASX200 …

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Summer tourists flock to boardwalks and piers while sticking to their budgets

by Franz Hernandez
Summer tourists flock to boardwalks and piers while sticking to their budgets

NEW YORK — Small businesses along popular vacation destinations like boardwalks and piers in the U.S. say the number of tourists flocking to the waterfront is back to normal, meaning …

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Telstra, Optus warn 3G shutdown could hit Australians

by Anas Siddiqui
Telstra, Optus warn 3G shutdown could hit Australians

Some 150,000 Australians could be left without the ability to make triple-zero calls after the 3G signal is switched off this year, a leading telecommunication giant has acknowledged. At an …

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Telstra, Optus warn 3G shutdown could hit Australians

by Anas Siddiqui
Telstra, Optus warn 3G shutdown could hit Australians

Some 150,000 Australians could be left without the ability to make triple-zero calls after the 3G signal is switched off this year, a leading telecommunication giant has acknowledged. At an …

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Valhalla Taproom and Valhalla Brewhouse founder reveals why Lotus Beer Co has entered administration

by Anas Siddiqui
Valhalla Taproom and Valhalla Brewhouse founder reveals why Lotus Beer Co has entered administration

Lotus Beer Co, the Geelong craft beer company behind Valhalla Taproom and Valhalla Brewhall, has entered voluntary administration. Company founder Scott Hunt said skyrocketing operational costs and a dramatic down-tick …

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