Property giant Lendlease is slashing 10 per cent of its global workforce, with up to 740 jobs on the chopping block. The shock announcement comes amid a five-year turnaround plan for the builder to deliver “more sustainable” performance following a bruising few years for the construction industry across Australia. In an internal memo to staff, […]
Australia and the European Union are no closer to a $100 billion free-trade agreement, as the impasse over naming rights continues. Trade Minister Don Farrell cut his mid-year holidays early to fly to Brussels this week to try and break the deadlock, but two days of tough negotiations failed to render a compromise, and he […]
Once-heralded delivery company MilkRun will be permanently ceasing operations within a matter of days after a disastrous downfall. Founder Dany Milham sent an email to the company’s 400 employees informing them the delivery company would be shutting up shop for good by the end of the week, the Australian Financial Review reported. “I’m writing to […]
Australian households spent an average of 11.2 per cent more in December 2022 than in the same month the previous year, new data has revealed. The Australian Bureau of Statistics released the figures on Tuesday which showed a mammoth 22.7 per cent hike on services since December 2021. This rise was largely due to increased […]
Coles is re-introducing buying limits for packs of frozen potato products as the nation grapples with a shortage of potatoes. Heavy rainfall and major flooding has impacted the country’s potato production, causing a 25 per cent spike in the wholesale potato price. The knock-on effect means you’ll now be limited to a maximum of two […]
Coles is re-introducing buying limits for packs of frozen potato products as the nation grapples with a shortage of potatoes. Heavy rainfall and major flooding has impacted the country’s potato production, causing a 25 per cent spike in the wholesale potato price. The knock-on effect means you’ll now be limited to a maximum of two […]
Coal companies have recorded windfall profits amid the Russian invasion of Ukraine, with new research revealing the billions of dollars exporters made. The value of coal exports skyrocketed to $112B over 2021-22 despite Australians being crippled by climbing energy prices as a direct result of Russia’s invasion. It marks a 186 per cent increase from […]
Australians are going to be “doing it tough for a while”, the government has conceded, as the Prime Minister’s plan to ease soaring energy bills edges closer to being finalised. Anthony Albanese will propose a package to state and territory leaders next week, after ongoing work with energy providers and the business sector to tackle […]
Business owners are pushing for customers to stop using third-party delivery apps such as Uber and Menulog as they offer “no support” for businesses and are “not Australian”. It comes as popular delivery service provider Deliveroo shocked customers and drivers by suddenly closing its Australian operation this week. Deliveroo went into voluntary administration, citing poor […]
New data reveals how Australians’ habits and concerns have changed since the coronavirus pandemic hit. A lot has changed in two years, and Australians are struggling to find their feet again amid soaring living expenses and the ongoing effects of Covid-19. Research from one of Australia’s largest toll road providers has revealed how our spending […]
NSW Treasurer Matt Kean has backed in former prime minister Scott Morrison, congratulating him for “making the right call” to secretly swear himself in as a second resources minister in order to scrap a controversial offshore gas project. Mr Kean has, however, criticised Mr Morrison for not being transparent about his decision to make the […]
Industries across Australia have resorted to offering thousands of dollars in incentives to secure staff, as the nation’s worker shortage continues to bite through the economy. People who sign up for new roles in high-demand industries such as health care, trades, transport, retail, manufacturing and logistics are receiving thousands of dollars in cash bonuses. They […]