Corporate news, markets, and the economy
Indian-born entrepreneurs accounted for one in five new business registrations in NSW last year, signalling a major demographic shift in Australia's entrepreneurial landscape.
Mitchell Tan 
BHP has promoted Brandon Craig, current president of its Americas operations, to CEO from July 1. Craig replaces Mike Henry, who delivered 17% average annual returns to shareholders over six and a half years.
Sophia Vargas 
Facing steeper utility bills and mortgage repayments, Australian households are cutting discretionary spending on dining, travel and entertainment to maintain financial stability.
Priya Narayanan 
Subnautica 2 is heading to early access in May after a Delaware court ordered publisher Krafton to reinstate the fired CEO and honour its contractual obligations to the development team.
Tom Whitfield 
DoorDash has entered the restaurant reservation wars, using its massive user base and delivery credits to secure exclusive bookings at top restaurants and reshape how diners access coveted tables.
Ella Sullivan 
As AI adoption accelerates, companies realise a Chief AI Officer is necessary but insufficient. Cross-functional data leadership and dedicated execution roles are now essential to turn AI spending into measurable returns.
Tom Whitfield 
Australia's cost of living crisis has intensified as the Reserve Bank raises interest rates while inflation clings near 3.8 per cent, driven by fuel shocks from the Middle East conflict.
Jake Nguyen 
The Reserve Bank has lifted interest rates to 4.1%, threatening households already squeezed by fuel costs and inflation as it warns recession may be unavoidable if inflation does not fall.
Sophia Vargas 
Krafton, the South Korean gaming company behind PUBG, is pouring up to $1 billion into defence technology development through a partnership with Hanwha Aerospace.
Andrew Marsh 
Volvo and Honda are discontinuing electric models in America, joining a growing exodus of automakers retreating from EVs. The culprit: policy changes that made electrification economically unviable.
Daniel Kovac 
Physical games publisher Limited Run Games has announced sweeping operational changes after years of quality control failures, manufacturing defects, and shipping delays that have eroded customer trust.
Oliver Pemberton 
Amazon has rolled out 1-hour and 3-hour delivery options in hundreds of U.S. cities, introducing new pricing tiers and search filters to simplify the ultrafast shopping experience.
Sophia Vargas 
Britain's telecommunications regulator has extended its oversight of BT Openreach for another five years, maintaining price controls and access requirements despite rapid progress in full-fibre coverage across the UK.
Mitchell Tan 
Two US senators have called for the immediate shutdown of ByteDance's Seedance 2.0 video generator, marking a decisive escalation in efforts to protect creative workers from AI copyright violations.
Sarah Cheng 
Fuel costs in Western Australia have surged 47% in a month as Iran's closure of the Strait of Hormuz, a critical energy chokepoint, ripples through Australian supply chains. Rural communities now face acute shortages.
Fatima Al-Rashid 
Crown Melbourne is cutting 200 positions as weakening customer spending and regulatory compliance costs bite into profitability. The move comes amid ongoing workplace disputes over wages.
Oliver Pemberton 
The RBA's March rate hike to 4.10% will push some small businesses over the edge, yet the government is doing little to help. Rate rises are the wrong tool for an energy-driven inflation crisis.
Riley Fitzgerald 
As a critical deadline passed on Tuesday, Kyle Sandilands claimed he had heard nothing from ARN about whether his $100 million contract would be terminated following a February fallout with co-host Jackie O.
Aisha Khoury Real wages fell 0.3% in 2025 as inflation outpaced pay rises for the first time since 2023. The gap is widening, and recovery won't arrive until mid-2027.
Andrew Marsh 
True North Copper is expanding its exploration in north-west Queensland's Cloncurry district, pursuing multiple gold and copper targets in a district that remains significantly underexplored despite its century-old mining heritage.
Tom Whitfield