Corporate news, markets, and the economy
Former Valve writer Chet Faliszek has called out Epic Games CEO Tim Sweeney for tone-deaf comments following the studio's massive layoffs, questioning why any developer should work hard at a company burning through billions.
Jake Nguyen 
Kyle Sandilands has filed proceedings in Federal Court against Australian Radio Network, challenging the termination of his $100 million contract and alleging the broadcaster engaged in unconscionable conduct.
Yuki Tamura 
Australian small business owners are grappling with soaring ingredient and wage costs, just as a new federal superannuation rule threatens to disrupt their cashflow further.
Jake Nguyen 
When IMG pulled out of Australian Fashion Week in November 2024, the industry faced extinction. A finance executive with no fashion credentials became the unlikely saviour.
Ella Sullivan 
After Kotaku Australia shuttered its 16-year archive, Mark Serrels and Jackson Ryan launched CONTINUE on Kickstarter. It raised $70,000 in seven days.
Jake Nguyen Six months after Australia secured its first Middle East free trade agreement, the Strait of Hormuz shipping crisis and Saudi Arabia's renewable energy strategy have made the deal's core benefits impossible to deliver.
Fatima Al-Rashid 
A new consumer survey reveals Aldi's school lunchbox basket costs $75.98, more than $14 cheaper than Coles or Woolworths, potentially saving families hundreds annually.
Grace Okonkwo Australia's first Middle East free trade agreement eliminates tariffs on $595 million in annual red meat exports to the UAE. But war-risk insurance costs have surged 300%, and shipping through the Strait of Hormuz has nearly halted. The deal is right. The timing is brutal.
Fatima Al-Rashid The government is asking the Fair Work Commission for wage increases at the moment when structural economic forces are making real wages fall faster than ever.
James Callahan 
Regional Western Australian businesses are questioning whether it's worth opening their doors as fuel shortages collide with record prices. One mining contractor has stood down two-thirds of its workforce.
Oliver Pemberton Fuel prices are structural, not temporary. Food will follow within weeks. And Telstra just announced its second price increase in 10 months. The timing of these pressures converging in Q2 2026 creates a compounding household budget crisis.
Marcus Ashbrook 
An Australian mining explorer has showcased its Spanish critical minerals project at a major Zurich conference, positioning itself to supply Europe with titanium, zircon, and rare earths as geopolitical tensions reshape global supply chains.
James Callahan 
Telstra's second price hike in 10 months has ignited a consumer backlash. The telco says network investment demands it. Critics say record profits tell a different story.
Daniel Kovac While Australia's government treats the fuel crisis as temporary, Iran's threats to completely close the Strait of Hormuz and Australia's 90% import dependency suggest the crisis is structural and growing.
Yuki Tamura 
Australia's diesel shortage is about to hit family groceries. Transport operators are already adjusting costs, and supermarkets will soon follow.
Jake Nguyen 
Fresh into his tenure as Disney CEO, Josh D'Amaro is confronting the fallout from two failed multibillion-dollar partnerships: OpenAI's sudden shutdown of its Sora video tool and Epic Games' mass layoffs amid Fortnite's declining engagement.
Sophia Vargas 
Small business owners reliant on fuel are absorbing unsustainable costs whilst the government offers only conservation advice and strategic reserve drawdowns.
Daniel Kovac 
VITL's funding round highlights a structural gap in healthcare tech: while GLP-1 clinics explode, most still manage prescriptions with faxes and phone calls.
Tom Whitfield 
Meta has begun laying off about 700 workers across Reality Labs, social media, and recruitment as the company doubles down on artificial intelligence infrastructure, signalling a dramatic strategic reorientation.
Nadia Souris 
Australia's worst fuel crisis in decades is squeezing tradespeople hardest. Joinery contractors, painters, and garage door operators who cannot work from home are buckling under doubled fuel costs and facing an impossible choice: absorb the expenses or raise prices and lose customers.
Sophia Vargas