Hundreds more Australian rideshare drivers will be encouraged to get behind the wheel of an electric car after the federal government pledged $20 million for a vehicle subscription startup. The funding for Splend will allow the company to offer an additional 500 electric vehicles to Australian...
Qantas will take on Air New Zealand and offer Australians a new route to New York City as it plots its post-pandemic recovery. With New York still out of range for direct flights from Australia – for now – the Flying Kangaroo has opted for Auckland...
Former Labor climate change minister Greg Combet has been picked to head the agency tasked with easing the transition to a renewable energy-fuelled economy. The ex-union boss will chair the Net Zero Agency, which the Labor government has established to ensure workers, industries and communities don’t...
Anthony Albanese has urged Australia to grasp the opportunity to become a renewable energy superpower. The prime minister warned the nation could not afford to just wait, watch and react to the clean energy transformation and the growth of the care-and-support economy, or rely on breakthroughs...
Australian executives scored pay rises amounting to more than double the rate of inflation over the past year, well outstripping wage increases for general workers. Base salaries of managing directors at ASX-listed companies increased on average by 14 per cent over the past 12 months, while...
Stubbornly high prices and slowing business activity are casting shadows over the Reserve Bank’s chances of a soft landing for the economy. The pipeline of work in the business sector is drying up, NAB’s business survey has revealed, which has worrying implications for Australia’s economic growth. Businesses...