Roughly a quarter of the Australian economy will be hit hard and fast by generative artificial intelligence (GAI) disruption as highlighted in a report by top economists. Finance, ICT and media, professional services, education and wholesale trade were all earmarked for “short fuse, big bang” disruption...
Mining industry bosses have used a glittering industry event to face off with the prime minister over proposed workplace laws. “Let’s not sugar coat it,” Minerals Council of Australia CEO Tania Constable told Anthony Albanese at an industry dinner at Parliament House in Canberra. “These industrial relations...
Australians will continue to receive cheaper medicines, but a push to scrap the policy could be brought back to parliament if pharmacists’ concerns are ignored. Under Labor’s plan, which started on September 1, consumers with chronic conditions are able to get two months’ worth of medicine...
Check the income you need to declare and tax implications if you invest in bank accounts and income bonds. Bank accounts Interest from a bank or other financial institution is part of your assessable income for the year. Even if the funds earning the interest were not...
A landmark inquiry into the impact and extent of concussions in sport has recommended improved data collection, greater research and better management of the medical condition. The federal parliamentary inquiry investigated concussions and repeated head trauma in contact sports at all levels. Its final report gave 13...
KEY TAKEAWAYS FROM THE NATIONAL ACCOUNTS * The economy grew by 0.4 per cent over the June quarter, and 2.1 per cent through the year (based on a calculation that excludes part of the recovery from lockdowns) * This represented a steady quarterly result after the Australian...