Business News

Ride-share companies are losing billions, so why their interest in unprofitable public transport?

Written by Neil G Sipe, Honorary Professor of Planning, The University of Queensland

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Why do Uber, Lyft, Didi, OLA and other ride-sharing companies want to partner with public transport agencies? For Uber and Lyft, the reason is simple: their business plans were based on eventually using driverless vehicles to eliminate their main cost, the labour cost of the driver. But human drivers won’t be replaced for some...

RBA raises interest rates as inflation pressures remain high
The Reserve Bank of Australia (RBA) has lifted the cash rate by 25 basis points to 3.85%, adding to pressure on households an…
New research shows Australians support buying local for different reasons – and not all will pay more
We have now passed the annual Australia Day peak of calls urging us to “buy Australian” – especially lamb. …
NZ’s $2.5 billion shoddy building bill: how to fix the ‘build now, fix later’ culture
Getty ImagesNew Zealand’s residential construction industry contributes roughly NZ$26 billion annually to the economy a…
ASIC flags $40 million in refunds after review of risky financial products
Australia’s corporate regulator has secured refunds of A$40 million to more than 38,000 investors in risky financial pr…
Australia’s Pacific worker scheme is far from perfect – but we can make it better
The Pacific Australia Labour Mobility scheme (PALM) is a crucial source of workers across regional Australia. About 32,000 pe…
What to expect from car subscription models in 2026
Car ownership hasn't changed in over a hundred years. Australians buy or finance a vehicle, commit for years, absorb deprec…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
In the dynamic world of real estate, commercial properties hold a pivotal position. They represent not only a significant financial asset but also a crucial business investment. When contemplating the…

Resistance to raising the minimum wage reflects obsolete economic thinking
Fewer than 2% of Australian employees work for the minimum wage (now $19.84 an hour). But the federal Fair Work Commission’s annual decision on how much to increase the minimum…
skill shortages are no basis for picking permanent migrants
Tim Gouw/Pexels, CC BY-SAAustralia should not target skills shortages when it selects workers for permanent residency. That’s the firm conclusion from our new Grattan Institute report released this morning entitled…
5 Helpful Tips for Selecting Your Harassment Labor Employment Attorney in Los Angeles, CA
Have you been harassed at work? If the answer is yes, or if you at least feel that the answer is yes, but you are not sure, the best thing…

Payroll Under Pressure: Why Mid-Sized SMEs Struggle to Keep Pay Accurate

A year after wage theft reforms came into effect, Australian businesses have increased their focus on payroll compliance, but confidence in pay accu...

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Australian retailers are turning to artificial intelligence to simplify and automate returns and exchanges, while strengthening loyalty programs a...

Stop reading from the script: Why authenticity is the customer success secret weapon

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Ride-share companies are losing billions, so why their interest in unprofitable public transport?

RBA raises interest rates as inflation pressures remain high

New research shows Australians support buying local for different reasons – and not all will pay more

NZ’s $2.5 billion shoddy building bill: how to fix the ‘build now, fix later’ culture

ASIC flags $40 million in refunds after review of risky financial products

Australia’s Pacific worker scheme is far from perfect – but we can make it better

What to expect from car subscription models in 2026

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Resistance to raising the minimum wage reflects obsolete economic thinking

skill shortages are no basis for picking permanent migrants

5 Helpful Tips for Selecting Your Harassment Labor Employment Attorney in Los Angeles, CA

Payroll Under Pressure: Why Mid-Sized SMEs Struggle to Keep Pay Accurate

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Stop reading from the script: Why authenticity is the customer success secret weapon

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security