Business News

The big budget question is why the surplus wasn't big

Written by Warren Hogan, Industry Professor, University of Technology Sydney

Treasurer Josh Frydenberg and Finance Minister Mathias Cormann unveil a budget outcome as good as balanced on Thursday.Lukas Coch/AAP

The budget was for practical purposes in neither deficit nor in surplus in 2018-19, the final figures released by Treasurer Josh Frydenberg and Finance Minister Mathias Cormann on Thursday reveal.

The underlying cash...

AI companies want copyright exemptions – for NZ creatives, the market is their best protection
Getty ImagesRight now in the United States, there are dozens of pending lawsuits involving copyright claims against artificia…
How much money do you need to be happy? Here’s what the research says
Over the next decade, Elon Musk could become the world’s first trillionaire. The Tesla board recently proposed a US$1 t…
NZ First wants a compulsory KiwiSaver. Boosting the Super Fund is a better bet
Getty ImagesAn ageing population not saving fast enough for its retirement has been called a “timebomb” and a loo…
ANZ has been hit with a record $240 million fine. These lessons should have been learned years ago
ANZ Bank has agreed to pay a record fine of A$240 million after admitting to various forms of misconduct that occurred &ldquo…
This report measures our national wellbeing across five key areas. Health trends are not improving
In 2023, Treasurer Jim Chalmers announced the government would measure what matters to the wellbeing of Australians as a comp…
Private toll roads are supposed to save taxpayers’ money, but can have these hidden costs
If you’ve ever driven in Sydney, Melbourne or Brisbane, chances are you’ve used – or steered clear of &ndas…

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…

5 Reasons to Hire a Building Contract Lawyer Before Your Next Construction Project in Melbourne
If you're planning to build, renovate, or develop a property in Melbourne, you might be focusing on finding the right architect, builder, or project manager. But there’s one professional most…

Ride-share companies are losing billions, so why their interest in unprofitable public transport?
ShutterstockWhy 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…
GeoComputing Group Expands Support Center Operations
GeoComputing Group, a leading vendor in highly specialized petro-technical IT solutions, announced today that it has opened a support center in Perth, Australia and its existing centers in Houston and…
When it came to the surplus, both Bill and Scott were having a lend
One of the more telling moments in the third and final election debate between Scott Morrison and Bill Shorten on Wednesday night was when moderator Sabra Lane asked if, faced…

Manny Shah: Is your business disappearing from Google? You’re not alone

Small business owners across Australia are panicking as their websites vanish from Google’s front pages overnight. According to Manny Shah, cofounde...

MR Roads named Queensland Finalist in the 2025 Telstra Best of Business Awards

MR Roads, co-founded by Daniel Mikus and James Rolph, has been announced as a Queensland finalist in the prestigious 2025 Telstra Best of Business...

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...