enterprise-tag-1

AI boom forecast as Australia’s biggest bonanza yet

10 September

The adoption of artificial intelligence is rocketing in Australia, creating massive demand for infrastructure that will deliver jobs and economic benefits.The nation was at the “cusp of a data centre boom”, Oxford Economics head of economics...[Read More]

$20,000 instant asset write-off (IAWO) here to stay

10 September

Eligible small businesses can continue to claim an immediate deduction for assets costing less than $20,000.From 1 July 2026, the $20,000 instant asset write-off is permanent, giving eligible small businesses greater certainty when...[Read More]

Blanket bans on AI could cause ‘data centre panic’

3 September

One-size-fits-all restrictions on how artificial intelligence data centres are powered could send investment in the growing technology overseas, business groups warn.In a submission to a Senate inquiry into AI data centres, the Australian Chamber of...[Read More]

Treasury tips AI as key driver of productivity growth

3 September

Artificial intelligence could be the ticket out of stunted economic growth while risking the future of increasingly high-skilled jobs, according to Treasury advice.In a brief handed to the treasurer, AI has been characterised as a tool which could...[Read More]

Modular homes rollout to hasten build times, cut costs

26 August

A modular home factory will receive $120 million in taxpayer backing to turbocharge the fledgling industry and solve Australia’s housing shortage.The investment in Built Living – a 50:50 joint venture between Australian contractor Built and...[Read More]

Retirement savings to be ‘decimated’ under early access

20 August

Workers being able to access their superannuation early would destroy their retirement earnings, the treasurer has warned, following calls by Pauline Hanson.The One Nation leader has called for a relaxation of rules that would allow people to...[Read More]

‘Put people first’: landmark AI probe to set guardrails

13 August

A national-first royal commission will investigate the dangers and benefits of artificial intelligence in society as a premier pledges to get the balance right.South Australian leader Peter Malinauskas announced the inquiry on Monday after returning...[Read More]

Small businesses under pressure from soaring costs

5 August

Australia’s 2.7 million small businesses are being squeezed, with their costs up by almost a quarter since the start of the COVID-19 pandemic, according to a new report by a business-focused bank.AMP Bank Go on Tuesday released its inaugural Small...[Read More]

Red tape strangling efforts to tackle housing crisis

30 July

Allowing three-storey townhouses to be built on most residential land is one of the key recommendations of a major report outlining what Australia needs to do to fix its housing crisis.Governments have gotten in the way of new housing supply by...[Read More]

‘Build resilience’: refinery touted but discount to end

29 July

Australia’s fuel security could soon be bolstered by a new refinery, but questions have been raised about the business case for the facility.Prime Minister Anthony Albanese announced plans to look into building Australia’s third oil refinery in...[Read More]

Workers ‘forced’ to accept AI systems or leave jobs

23 July

Australians are at risk of losing jobs or being trapped in unethical situations as artificial intelligence use soars, despite the hopes of the federal government, an expert has warned.Prime Minister Anthony Albanese used a speech in mid-July to warn...[Read More]

Jobs data tops economic agenda as Iran war re-escalates

23 July

Jobs data is expected to show ongoing resilience in Australia’s labour market but renewed conflict in the Middle East could bring more bad news for the domestic economy.The unemployment rate is expected to hold steady at 4.4 per cent in June...[Read More]

Location set for Australia’s first gas-free steel mill

8 July

Australia’s first new steel mill in three decades will be unlike any before it.Run entirely on electricity, the Greensteel Australia factory to be built in the NSW Hunter region will make steel that’s low emissions and unencumbered by fossil...[Read More]

Payday Super starts 1 July 2026: What employers and employees need to know

2 July

Payday Super is now here, and it changes the way employers manage superannuation payments.From 1 July 2026, employers are required to pay employee superannuation guarantee contributions in line with their regular pay cycle, rather than relying on...[Read More]

Strong jobs figures clock on for future rate rise shift