Collapsed Developer Bathla Group Stands Down More Than 200 Workers
Sydney developer Bathla Group stands down over 200 staff and suspends construction on several projects following its collapse with $3.4 billion in debt.
National
One Nation Vows to Cut 750,000 Temporary Migrants
One Nation wants to cut Australia’s temporary migrant population by 750,000 over three years, with the plan facing criticism from Labor and the Coalition.
National
REA Group Drops Contract Restrictions After ACCC Concerns
REA Group will remove contract restrictions affecting real estate agencies after the ACCC raised concerns that the terms could limit competition from rival property listing platforms.
Queensland
Queensland Credit Rating Falls for the First Time Since 2009
Queensland’s credit rating has fallen from AA+ to AA as rising debt and major infrastructure spending ahead of the 2032 Olympics put pressure on the state budget.
National
Australia’s Economy Is Growing Faster Than Expected. Why Could That Be Bad News for Interest Rates?
Australia’s economy grew faster than expected in the June quarter, raising questions about inflation, the RBA’s next move and what stronger growth could mean for interest rates, borrowers, savers and businesses.
National
Australian Government Unveils Ban on Non-Compete Clauses for Most Workers
The Albanese government moves to ban non-compete clauses for workers earning under $190,100, arguing the rules unfairly restrict wages and job opportunities.
Bathla Group Meets Payroll Deadline Amid Voluntary Administration
Bathla Group meets its payroll deadline as Teneo administrators work to secure short-term funding, with 200 NSW projects and thousands of buyers at risk.
Australia’s Service Sector Posts Third Consecutive Month of Growth
Australia’s service sector extends its growth streak to three months, with rising new orders and improving confidence despite sharp increases in input costs.
Victoria’s Labour Government Moves to Scrap Infrastructure Victoria
Victoria’s government moves to scrap its independent infrastructure advisory body, sparking concerns over transparency and facing pushback from opposition parties.
More national News
01
One Nation Vows to Cut 750,000 Temporary Migrants
One Nation wants to cut Australia’s temporary migrant population by 750,000 over three years, with the plan facing criticism from Labor and the Coalition.
02
REA Group Drops Contract Restrictions After ACCC Concerns
REA Group will remove contract restrictions affecting real estate agencies after the ACCC raised concerns that the terms could limit competition from rival property listing platforms.
03
Australia’s Economy Is Growing Faster Than Expected. Why Could That Be Bad News for Interest Rates?
Australia’s economy grew faster than expected in the June quarter, raising questions about inflation, the RBA’s next move and what stronger growth could mean for interest rates, borrowers, savers and businesses.