The Commonwealth must return to its historical role as a home builder rather than a protector of huge profits made by banks and developers. It’s advice that’s been overlooked but a warning that cannot continue to go unheeded, senators have been told. Appearing before the select committee...
State governments have been encouraged to follow the lead of the ACT and abolish stamp duty, but it’s unlikely to happen without Commonwealth support. ACT Treasurer Chris Steel announced all first home buyers would be exempt from paying stamp duty on property purchases from July 1...
Australians are working longer hours but it’s not showing up on the productivity scoreboard as levels tumble to a post-pandemic low. The Productivity Commission’s quarterly bulletin reinforces the scale of the challenge confronting Treasurer Jim Chalmers. Breaking down Australian Bureau of Statistics data, the report highlights labour...
Most businesses are struggling to adopt artificial intelligence effectively, with some companies burning through budgets prematurely while others use the technology as a scapegoat for job cuts. Fewer than one in five companies are using the technology to its best advantage, experts say, while almost one...
Imagine you are training as a dentist and must treat a patient with sensitive teeth, a nervous disposition and a challenging diagnosis. Now imagine that patient is powered by artificial intelligence, programmed by your professor and designed to help you develop a pleasing, jargon-free chair-side manner. The...
After a decade working in high-pressure corporate environments, Louise Siwicki knew something had to give. The writing on the wall came in the form of a warning from her fertility specialist about the impact of stress while trying to become pregnant. Her career demanded long hours that...
Australian workers should “take a breath” and relax about the impact artificial intelligence will have on their careers as the jobs it displaces will ultimately be replaced with others. Google Australia managing director Melanie Silva issued the advice at the QUT Business Leaders’ Forum in Brisbane...
Twenty electric prime movers will hit Australian roads faster than expected after a first-of-its-kind project secured a $5 million boost. New Energy Transport on Monday revealed it would deploy a heavy-duty electric truck fleet months earlier than planned following the investment, which would also fund mobile...
Residents in NSW can now access zero-interest loans of up to $15,000 to fund lower energy upgrades to their homes, aimed at slashing bills and taking pressure off the grid. Ahead of next week’s state budget, the NSW government announced on Wednesday that a $557 million...
Ski holidays and other far-flung winter road trip destinations will suffer when tax relief for drivers runs out during one of the biggest domestic travel periods, advocates warn. A fuel excise cut and GST rebate designed to ease surging costs for drivers amid the conflict in...