Australian business

UK-based youth publisher LADbible is restructuring its Australian business at the end of 2023, with 52 Australian staff at risk of redundancy across its Sydney and Melbourne offices.A source, who declined to be named, told news.com.au that…

An Australian business is dealing with thousands of applicants after advertising a paid internship with a hefty annual salary of $100,000. The six-figure entry-level role at My Amazon Empire, a Brisbane-based e-commerce business, requires…

A billionaire developer has claimed the country is destined for recession without urgent government intervention, and has also blasted the RBA’s handling of our inflation crisis.Speaking to Seven News reporter Chris Reason this week,…

A staggering number of Aussie businesses are planning to lay off staff in 2023 as the grim economic conditions plaguing the globe start to wreak havoc locally as well. Almost two in five business leaders (38 per cent) expect to let…

Convenience chain 7-Eleven is seeking a buyer for its Australian stores with the search expected to take a number of months, it has announced.The retailer revealed it was in the early stages of finding someone to take over the…

The boss of one of Australia’s big four banks is urging businesses to brace for impact, after delivering a grim economic outlook for the years ahead.Despite the nation’s inflation rate dipping by 0.8 per cent from its December peak, ANZ…

A Melbourne business has been slammed for allegedly “ripping off” customers after they paid almost $300 for orders which have never arrived while claiming desperate emails go ignored at times by the start-up.Custom Sneaker Co was launched…

An Australian business behind some well known brands is being sued by the corporate regulator for alleged false and misleading conduct and if the action is successful it may face up to $46 million in fines.The Australian Securities and…

An Australian small business owner has given his staff a whopping 20 per cent pay rise and also introduced a new regular cash bonus scheme as he heard complaints about the huge financial hit workers have taken from the skyrocketing cost of…

Another two more construction companies in Western Australia have gone under due to labour shortages and increasing construction costs. WA Housing Group, founded in 2019 and focused on custom builds and remodelling, was forced into…