Business Weekend

Firmus has withdrawn its application to list on the ASX, OpenAI has apologised to the Australian government for the Medicare hack. Plus, Commbank has become the first bank to sign a groundbreaking copyright deal. 

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The RBA raise the cash rate to a 15-year high in response to soaring inflation, the government bail out Rio Tinto's Bell Bay smelter with a $200 million package. Plus, Donald Trump says AI companies have agreed to self regulate.

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The RBA is expected to raise interest rates for the fourth time this year, Australia leads a global push to introduce guidelines for AI. Plus, Soul Patts is actively shifting its portfolio to cash in response to a stagnating economy.

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One Nation proposes migration cuts by 750,000 over three years, US Federal chair Kevin Warsh signals another hike in rates to come by the year end. Plus, geopolitical volatility hits the global markets. 

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Australian shares plunge to a three month low after Brent crude oil prices surge above $US100 a barrel, the ATO's new tax on software revenue targets big US tech firms. Plus, Metacognition joins the global AI race. 

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The collapse of developer Bathler exposes a slump in home buyer demand, Tamboran Resources release first gas from Shendoah South 2. Plus, Fox Sports will become Kayo Sports in a major rebrand.

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Banks revise economic forecasts after inflation expectations miss, Officeworks transformation costs offset bumper earnings. Plus, Ooshies collectables boost Woolworths sales growth.

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Government unveils financial reforms aimed at strengthening consumer protections, Australia's biggest poultry producer breaks its silence on the impact of avian flu. Plus, profit reporting season sends share prices sharply higher and lower.

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Donald Trump invests $US400 into Sunrise Energy to develop its rare metal mining project in NSW, the CBA net interest margin is down to 2.5 per cent. Plus, Boral drives higher profit for SGH.

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Australian tech start-up Atlassian defies the doubters, Australia's Census returns for the first time since COVID lockdowns. Plus, ResMed grows into one of Australia's biggest companies, now worth $45 billion.

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