Business
Companies
Lendlease exits overseas assets as it announces overhaul
The property giant will incur costs of up to $1.475 billion as it shifts away from the overseas construction markets and focuses on its Australian businesses.
- by Carolyn Cummins
Latest
Threat of legal action as billionaire attempts to surrender Russian coal play
Tigers Realm shareholders, including billionaire Paul Little, are set to approve the sale of its Russian coal mines but a sanctions complication looms.
- by Colin Kruger
Lendlease investors to demand answers at Monday showdown
Embattled chief executive Tony Lombardo will outline the global property giant’s direction, with investors bracing for a barrage of changes.
- by Carolyn Cummins and Simon Johanson
Cats on the moon? Google’s AI tool is producing misleading responses that have experts worried
Google has unleashed its new AI tool, which is giving users wrong information – some of it funny, some of it harmful.
- by Matt O'Brien and Ali Swenson
Coles staff told to ‘assist’ shoppers in scanning bulky items to stem theft
Supermarkets and other retailers are stepping up efforts to use new technology to prevent rising levels of shoplifting.
- by Jessica Yun
Affordable housing a new asset class picking up speed
Housing aimed at essential workers is gaining momentum as developers in eastern Australia expand projects.
- by Carolyn Cummins
News Corp’s Game of Thrones begins as job cuts loom
News Corp is expected to unveil a flatter management structure, with casualties expected in middle management and senior editor ranks.
- by Stephen Brook and Colin Kruger
Alphington paper mill $500m property flip may delay much-needed supermarkets
People in Alphington and Fairfield might have to wait longer for supermarkets they have been expecting.
- by Nicole Lindsay
Milk for sale: Fonterra and other big cheeses behind Australia’s shrinking dairy industry
One of the nation’s largest dairy processors is pulling the plug on Australia, but it’s just the latest domino to fall in a sector that has been dwindling for decades.
- by Jessica Yun
How Donald Trump’s financial future became tied to his ‘worthless’ company
Donald Trump has treated it as a sideshow, but a big portion of his wealth depends on its success.
- by Matthew Goldstein and David Yaffe-Bellany
Updated
Fashion retail
Australian fashion label Dion Lee collapses
Dion Lee will be run by administrators as a going concern as the hunt for a new buyer begins.
- by Jessica Yun and Melissa Singer