After pushing for a delay, one of Australia’s leading business organisations has joined a call for the rapid passage of laws on compulsory reporting of climate risks. The Business Council of Australia on Monday joined a coalition of influential investors, senior executives, accountants and superannuation funds to support the passage of the climate reporting bill. […]
Financial help might be offered to university students completing unpaid placements as part of their degrees, as unions warn failure to provide support will result in greater workforce shortages. Treasurer Jim Chalmers said the federal government was considering relief for people with university debts and students undergoing required practical placements in their courses. “We are […]
The Australian Defence Force is a step closer to getting a next generation air and missile defence system capable of detecting and stopping threats. The Albanese government on Wednesday announced the next phase of the integrated air and missile defence capability which has been taken up by US defence giant Lockheed Martin under a $500 […]
Industrial sites across five states will be given a multi-million dollar funding boost for projects to transition to cleaner energy. Nine facilities – including alumina and cement refineries, iron ore mines and cobalt and nickel sites – will share in $330 million in federal funds for initiatives to reduce emissions. The funding forms part of […]
The cost of living continues to rise, and many are feeling the pinch. However, there are ways to navigate and adapt to this challenging financial landscape. If you’re looking for practical solutions and workarounds to help you tackle higher inflation head-on, then this article is a good starting point. 1. Leverage the labour […]
Integrating cybersecurity into the fabric of small business operations requires both strategic planning and practical measures. Here are the top 10 tips to fortify small businesses against cyber threats, underscoring the necessity for professional help and the safeguard of cyber insurance: Educate Your Team: Regularly train employees on cybersecurity best practices, including recognizing […]
A major manufacturing initiative won’t replace private investment with taxpayer funds, the treasurer says. On Thursday the prime minister unveiled the Future Made in Australia Act, aimed at promoting local manufacturing and safeguarding the nation’s control over resources and critical minerals. It soon drew criticism from business groups and even Labor-appointed Productivity Commission chair Danielle […]
Western Australia can become a leading global source of responsibly sourced battery minerals but government support will be “critical”, a mining conference has heard. “Government support at both the state and commonwealth level is critical if we are to effectively overcome pressing issues and maximise the industry’s potential,” WA Minister for Mines David Michael said […]
Whether or not strength in the labour market has staying power will be the key economic question under review this week. The release of the Australian Bureau of Statistics’ March labour force data on Thursday will be watched carefully after a robust reading in the month before, though the strong result was at least partly […]
A crucial though sometimes overlooked safeguard, business interruption insurance provides financial protection for companies facing unexpected disruptions. But who exactly is it for? The short answer: any business that wants to ensure continuity in the face of potential risks and obstacles. Let’s dive deeper. Understanding Business Interruption Insurance Business interruption insurance (aka […]
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