Industry

A report into WA's domestic gas reservation policy declares it is no longer fit for purpose, is unlikely to mitigate gas shortfalls and could threaten thousands of jobs. 

It's been one of those weeks for Woolworths boss Brad Banducci, kicking off with the airing of a trainwreck Four Corners interview on Australian supermarket competition. But it all promises to end well, at least for him.

Weighing up whether to intervene in the clothing industry to divert clothes going to landfill, Environment Minister Tanya Plibersek says the churn of fast fashion must shift.

The 2022 flood event was the costliest in Australia's history, with 244,000 insurance claims made — but almost two years on, more than 7,000 of those are outstanding.

A year after BHP singled out nickel as a key growth area for its business, the metal's price has plummeted. As it weighs up closing its nickel operations, BHP's boss says it's unlikely the metal will be profitable before the end of the decade.

The customers of at least six financial institutions experienced issues with payments and online banking on Thursday, as investigations continue into the root of the problem.

Barley exports to China are booming after tariffs were lifted in August, but are Australian farmers just repeating the same mistake?

As car executives meet to discuss the government's new Vehicle Efficiency Standard, Hyundai, Volkswagen and Kia are among the car brands lining up behind the government's plan to cut car industry emissions.

A factory fire in Perth's heavy industrial complex has seen a toxic smoke warning issued for more than 40,000 people living in nearby suburbs.

The combined business would reportedly have had an LNG (liquefied natural gas) capacity of 16 million tonnes a year.

The former chair of the ACCC takes aim at electricity providers, banks, airlines, supermarkets, and other big businesses in his new report on price gouging and unfair pricing practices.

Varcoe Windmills were first built in Mount Gambier in 1911 but after its doors closed last year, the brand seemed lost for good, until a local agricultural mechanic bought the rights at an auction.

The firefighters union is demanding the aviation regulator takes action after five Boeing 737s and a further 59 planes arrived at Sunshine Coast Airport with too few firefighters working in the past two months.

The NT chief minister says there will be a review into the outage, which impacted about 20,000 households across 19 suburbs in Darwin, Katherine and Palmerston on Monday afternoon.

The Seoul Central District Court said the prosecution failed to provide enough evidence that the 2015 merger was unlawfully conducted.

US politicians had been pressuring the company to withdraw the request following a harrowing mid-air cabin blowout on January 5 that exposed numerous safety and quality control concerns at one of the world's two major jet makers.

Vacuum cleaner retailer Godfreys has entered voluntary administration, leaving 193 jobs on the line with 54 stores to close in the next 14 days as it undergoes a restructure while searching for a buyer.

Australians have enthusiastically returned to travel post-pandemic, but the government agency responsible for air safety is facing criticism.

Dessert manufacturer Sara Lee is being sold after it went into voluntary administration last October.

A Hong Kong court has ordered one of China's biggest property developers, Evergrande Group, to liquidate, which could have severe consequences not just for China, but other economies including Australia. 

Many Australians have been stranded at airports in the past year and have often blamed the major airlines but industry insiders say missteps by a government-owned body are a major reason for the poor service.

Living just six kilometres from one of the world's largest bulk export ports in Western Australia, Roger Higgins is used to a bit of dust. But he says recent levels are the worst he has seen in his 12 years in the town.

Rapid growth in renewable generation slashed the wholesale cost of power in the national energy grid late last year, and dramatically reduced reliance on coal-fired power.

The decision by the US Securities and Exchange Commission to approve bitcoin exchange-traded funds was a decade in the making that's legitimised crypto — and experts say it won't be long before Australia follows suit.

The sudden evaporation of hype and hot air in the energy transition industry may leave many who plunged into critical minerals in a critical condition, writes business editor Ian Verrender.