Business

Support critical for Australia to reap battery wealth

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 […]

Jobs market muscle put to test with fresh data due

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 […]

Business interruption insurance

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 […]

Jobs bonanza for regions under clean energy blueprint

Some 60,000 jobs in solar panel manufacturing and $82 billion in turbine tower production by 2050 are in the wind if Australia becomes a clean energy superpower. Manufacturing will also get a shot in the arm from port-side construction plants, high-voltage cable needs and electric truck production under a blueprint launched by federal Jobs and […]

Public servants win push for extra reproductive leave

A new pay deal for Victoria’s public servants will be put to a final vote, with an extra five days of reproductive leave on the table for women. The four-year Victorian public service wage offer includes annual pay rises of three per cent in line with the government’s cap, a $5600 cost-of-living bonus and one-off […]

How to identify and choose the right business structure

All successful businesses depend on a solid and dependable structure. While you can always work it out as you go, improvisation in the business world is inefficient, highly risky, and likely to lead to failure. Getting the right systems in place from the start is very important, with structural integrity being one of the key […]

Industrial pioneers get $20m to turn science into jobs

Australia’s industrial pioneers will benefit from a $20 million lifeline that extends federal support through the national science agency. “With today’s announcement, up to 750 more small businesses will get their chance to work with CSIRO to commercialise their ideas,” Industry and Science Minister Ed Husic said on Wednesday. Alongside CSIRO’s chief executive Doug Hilton, […]

Greens shoots for Australian manufacturing sector

Australia’s manufacturing industry had a better start to the year after activity hit a low point heading into Christmas. The business surveys underpinning the Australian Industry Index signalled a recovery in industry across the first quarter of 2024, but the indicator remained in contractionary territory. The overall index lifted 9.5 points to negative 5.3 points […]

PM announces Samantha Mostyn AO as new governor-general

Prime Minister Anthony Albanese has announced Samantha Mostyn AO will become Australia’s next governor-general. The King accepted Mr Albanese’s recommendation to appoint the 59-year-old business and community leader as the 28th governor-general. She will also become the second woman to serve in the role. “Sam Mostyn is an exceptional leader who represents the best of […]

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