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CommBank dobs itself in to police | Woolworths’ AI goes rogue | Budget Direct's 'vanishing' discounts
CommBank dobs itself in to police | Woolworths’ AI goes rogue | Budget Direct's 'vanishing' discounts

Commonwealth Bank has dobbed itself in after spotting $1 billion in home loans were backed by dodgy, AI-generated documents.

Woolworths’ AI assistant…

3 months, 1 week ago

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Qantas' plan to keep away from Virgin | Chemist Warehouse's healthy dose of profit | Wisetech's wipeout
Qantas' plan to keep away from Virgin | Chemist Warehouse's healthy dose of profit | Wisetech's wipeout

Qantas half-year underlying profits hit nearly $1.5 billion as it plans to shake up its Frequent Flyer program to keep customers loyal

Chemist Wareho…

3 months, 2 weeks ago

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Triple M and Channel Seven face the music | Black Friday hits Adore Beauty's bottom line | Trump eyes 15% tariffs
Triple M and Channel Seven face the music | Black Friday hits Adore Beauty's bottom line | Trump eyes 15% tariffs

Southern Cross Media suffered a 17% drop in profit in its first result since merging with Seven West Media… but its CEO didn’t deliver the update.

Ad…

3 months, 2 weeks ago

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Aussie startup exits for $1.6 billion | Guzman y Gomez slows down US plans | eBay acquires Depop for Gen Z
Aussie startup exits for $1.6 billion | Guzman y Gomez slows down US plans | eBay acquires Depop for Gen Z

Aussie health-tech startup Eucalyptus has been snapped up for $1.6 billion by Hims & Hers, its US-equivalent… in one of the biggest health-tech exits…

3 months, 3 weeks ago

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Bunnings to the rescue | Zip shares plunge 33% | Telstra rings in the revenue
Bunnings to the rescue | Zip shares plunge 33% | Telstra rings in the revenue

Wesfarmers posts a $1.6 billion profit jump as Bunnings and lithium carry the load… but Officeworks runs low on black ink.

Zip Co, the buy now pay la…

3 months, 3 weeks ago

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Coles accused of 'utterly misleading' customers | SEEK exits Employment Hero | Sushi Sushi has a new owner
Coles accused of 'utterly misleading' customers | SEEK exits Employment Hero | Sushi Sushi has a new owner

Coles has been taken to court by the ACCC for ‘utterly misleading’ consumers on grocery prices.

SEEK is putting its stake in Employment Hero up for s…

3 months, 3 weeks ago

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Barbeques Galore burns out | Breville brews $1.1 billion in revenue | Kraft Heinz cancels breakup plan
Barbeques Galore burns out | Breville brews $1.1 billion in revenue | Kraft Heinz cancels breakup plan

Barbeques Galore has entered receivership, putting 500 jobs on the line as liquidity issues leave Australia’s biggest BBQ retailer fighting for survi…

3 months, 4 weeks ago

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ANZ's profit spikes after job cuts | Temple & Webster gets punished for discounts | Hasbro & Mattel - same forecast, different fate
ANZ's profit spikes after job cuts | Temple & Webster gets punished for discounts | Hasbro & Mattel - same forecast, different fate

ANZ’s profit jumps 6% to $1.94 billion after 3,500 job cuts under its new ANZ 2030 strategy.

Temple & Webster’s share price plummeted 30% but it’s pr…

4 months ago

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Seek's $365 million write-down | Jeep owner cops multi-billion dollar EV hit | Ozempic upends The Man Shake
Seek's $365 million write-down | Jeep owner cops multi-billion dollar EV hit | Ozempic upends The Man Shake

Seek has written down its investment in Chinese jobs portal Zhaopin by $365 million after the company’s poor performance.

Stellantis, the owner of Je…

4 months ago

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Investors brace for Capital Gains Tax changes | Atlassian’s AI problem | KPMG ships jobs offshore
Investors brace for Capital Gains Tax changes | Atlassian’s AI problem | KPMG ships jobs offshore

The government is eyeing a major shake-up of the capital gains tax discount, and investors might be about to feel the pain.

Atlassian’s share price f…

4 months ago

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