Finance and markets
Australia’s biggest bank tried to avoid a public backlash as it made one of the first moves by a blue chip company to shed staff amid AI disruption.
More AI-related job cuts are coming, and the market doesn’t seem to mind it when it sees them.
SafetyCulture founder Luke Anear is returning as interim CEO after the AI revolution made running a platform rebuild from New York untenable.
The Eucalyptus sale is the biggest Australian startup exit in years. It’s also proof that the local ecosystem can build globally competitive companies, back them properly and actually get paid.
The Australian weight-loss unicorn is being eaten up by a US company battling ongoing legal drama, a surge in short sellers, and a spiralling share price.
It was tale of two Australian alternative asset managers on the ASX on Tuesday, with Regal shares rising and HMC stock falling in the wake of their results.
