ABC Business

ABC Business

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ABC Business is an Australian media outlet covering business news and analysis.

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Inquiry slams years of government failure before rushed fishing ban
Business
ABC Business5h ago

Inquiry slams years of government failure before rushed fishing ban

A parliamentary committee has criticized the Tasmanian government for mismanaging the sand flathead population over several years. The inquiry concluded that officials failed to address the issue adequately before abruptly implementing a fishing ban in the state's south without sufficient stakeholder consultation.

Why It Matters

It exposes critical regulatory failures and a lack of public consultation in a sudden environmental and recreational restriction.

Business2d ago

Residents prepare to fight AI data centre approval

A newly-formed group is preparing to lodge an appeal against a recent AI data centre approval, arguing the planning laws used to assess it are not fit for purpose. 

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Residents prepare to fight AI data centre approval
Business2d ago

Runway incursions on the rise across Australian airports, says expert

An aviation researcher has identified a broader pattern of safety incidents increasing across Australian airports.

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Runway incursions on the rise across Australian airports, says expert
Business3d ago

Trump says US is taking partial control of Venezuela's oil reserves

The United States has struck a deal with Venezuela to secure "majority US control" of more than 65 billion barrels of Venezuelan oil, according to Donald Trump.

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Trump says US is taking partial control of Venezuela's oil reserves
Business3d ago

Cost of chicken to rise soon, even if bird flu doesn't spread

Increasing production costs will lead to higher chicken prices in supermarkets, even if bird flu doesn't spread to the chicken meat industry.

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Cost of chicken to rise soon, even if bird flu doesn't spread
Business3d ago

Documents allege former KPMG partner made 'unwanted sexual advances' to clients and staff

Documents allege a former KPMG partner treated "female members of staff and clients inappropriately" while he was at the firm.

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Documents allege former KPMG partner made 'unwanted sexual advances' to clients and staff
Business3d ago

Paralympian, firefighter among injured workers raising alarm about global firm

A former Paralympic swimmer and a firefighter are among dozens of Australian workers who are alleging global workers' compensation firm Gallagher Bassett has failed them.

Paralympian, firefighter among injured workers raising alarm about global firm
Business4d ago

Bathla workers stood down as company struggles to stay afloat

Staff of major property developer Bathla group have been stood down as the company struggles to stay afloat.

Bathla workers stood down as company struggles to stay afloat
Business4d ago

Widow of Adelaide man killed in double-fatal truck crash speaks about prolonged court proceedings

The widow of a man killed in a horrific truck crash at an Adelaide freeway in 2014 says she is relieved the court proceedings are finally over.

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Widow of Adelaide man killed in double-fatal truck crash speaks about prolonged court proceedings
Business4d ago

'Kick in the guts': Woolworths confirms it will no longer buy Tasmanian beef

Woolworths confirms it will no longer sell Tasmanian beef in the state or the mainland from 2027, a move cattle farmers say is a "kick in the guts".

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'Kick in the guts': Woolworths confirms it will no longer buy Tasmanian beef
Business4d ago

Bowen says 'no carve-outs' after Queensland claims data centre win

Queensland and the Northern Territory will not have control over how data centres are powered, the federal government insists, declaring there will be "no exceptions and no carve-outs" under its renewables plan.

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Bowen says 'no carve-outs' after Queensland claims data centre win
Business4d ago

Embattled travel giant repaying tens of millions to overcharged clients

Corporate Travel Management is refunding clients after it was revealed the company had failed to pass on margins and rebates relating to suppliers including hotels and airlines.

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Embattled travel giant repaying tens of millions to overcharged clients
Business4d ago

Major private credit fund suspends investor redemptions

A private lender with significant loans to collapsed developer Bathla is the latest private credit firm to limit "investor redemptions".

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Major private credit fund suspends investor redemptions
Business4d ago

Delivery company restarts services to regional Tasmania after resident complaints

Despite paying for deliveries to be sent to their homes, residents in parts of regional Tasmania were told they had seven days to pick up their packages hours away at the company's depot in Hobart. After the ABC aired resident complaints, Team Global Express reversed the decision.

Delivery company restarts services to regional Tasmania after resident complaints
Business4d ago

Trump orders new name for Lake Ontario in provocative trade war twist

Donald Trump renames a lake on the US-Canada border as the neighbouring North American nations continue exchanging blows in their damaging trade war.

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Trump orders new name for Lake Ontario in provocative trade war twist
Business4d ago

The world wants to build data centres in Australia, but we want something in return

Australia is in a "sliding doors" moment with a chance to negotiate a bigger share of the AI boom in exchange for building data centres.

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The world wants to build data centres in Australia, but we want something in return
Business4d ago

Australian dollar highest since May – as it happened

The Australian dollar has rallied today as traders factor in the potential for higher interest rates. 

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Australian dollar highest since May – as it happened
Business4d ago

Household waste could make for sweeter tomatoes

Research has found that the flavour and aroma of tomatoes improve when compost made from food and garden organics is added to the soil.

Household waste could make for sweeter tomatoes
Business4d ago

'Booming' gold mining, gas fracking key in plan to reverse NT's $11b debt

Northern Territory Treasurer Bill Yan says the government is turning the tide on the Territory's $11 billion debt, supported by progress on major projects including Beetaloo Basin gas and a number of gold and lithium mines.  

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'Booming' gold mining, gas fracking key in plan to reverse NT's $11b debt
Business4d ago

Aviation enthusiasts fight plan to sell off the birthplace of RAAF

There are calls for RAAF Base Point Cook, in Melbourne's south-west, to be placed in a community trust rather than sold to private investors.

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Aviation enthusiasts fight plan to sell off the birthplace of RAAF