Latest
Soaring insurance bills means ‘fun stuff is going to get cancelled’
A senior Scouts Australia figure said one state branch of the volunteer organisation had seen the cost of public liability cover rise 168 per cent last year.
Suncorp executive blasts NSW taxes for making premiums unaffordable
Lisa Harrison, whose business includes brands such as AAMI and GIO, said the Minns government had not acted despite announcing reforms almost 1000 days ago.
ACTU secretary says AI could lead us to ‘three-day working week’
Sally McManus has painted an optimistic vision on how artificial intelligence could affect jobs, and says the benefits should be shared with employees to build trust and acceptance.
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June
Anthropic’s Jared Kaplan is in an ideological battle over AI’s future
The artificial intelligence giant’s chief science officer and co-founder stresses responsibly harnessing the breakneck developments of automation.
AI’s big cost problem is going to get only worse
Surging artificial intelligence costs are creating sticker shock among Australian executives. But the solution might be healthy for the AI sector in the long term.
Scott Farquhar says CGT changes ‘doubled the effective tax rate’
The Atlassian co-founder said it was more important than ever to keep start-ups in the country. But Canva’s Cameron Adams was sceptical founders would leave.
Big business rush to embrace AI runs into worries of rising costs
From Commonwealth Bank to Coles and Telstra, some of the country’s major companies are working on making the use of artificial intelligence worthwhile.
Canva co-founder ‘on the fence about CGT’, doubts founders will leave
Cameron Adams says he wouldn’t have left the country if the proposed tax changes came into effect when he started Canva. Follow live updates from The Australian Financial Review AI Summit.
Scott Farquhar calls for copyright reform in ‘misunderstood’ AI debate
The Atlassian co-founder, now chairman of the Tech Council, says it is nearly impossible to negotiate to train a model locally because of the complicated laws.
AI’s next frontier is capturing the human ‘secret sauce’: Telstra
Vicki Brady’s comments come as Nine Entertainment chairman Peter Tonagh says more conversations will be recorded and used to develop sophisticated tools.
May
Don’t mess with success, says WA premier
Roger Cook says too many of his federal colleagues don’t understand what’s going in the wealthy west and the economic strength supporting the country.
BHP, Fortescue warn China’s influence over iron ore will only grow
Executives at the commodities giants say that even the existing shift in power towards major steelmakers will not be enough to stop future “arm wrestles”.
BHP concedes decarbonisation plan taking longer than expected
Tim Day, who runs the mining giant’s West Australian iron ore portfolio, says the electrification of its massive trucks is a particularly complicated exercise.
AustralianSuper says it has urged Glencore to consider ASX listing
The London-listed commodities heavyweight had last year floated the idea of a presence on the Australian stock exchange as it seeks to increase its valuation.
Governments’ critical minerals intervention wins over investors
Grants, loans, and direct equity investments from Western governments are transforming the mining sector.
WA Premier Roger Cook slams Deloitte’s net zero study as ‘nonsense’
The consulting giant, in a report prepared for Woodside Energy to justify its Browse project, found the state would miss its emissions targets by years.
BlackRock’s Australian rising star sees merit in more mining M&A
Olivia Markham is the Perth kid who went on to manage the world’s biggest mining funds in London. She says miners need more scale to be relevant.
April
White-collar unions clash with minister on AI risk to jobs
On the eve of the government’s first forum on AI, labour groups have demanded ‘immediate’ regulation ‘before the horse has bolted’.
Rishworth rules out Fair Work changes amid surge of AI claims
FWC acting deputy president Peter Hampton said termination-related dismissal claims had nearly doubled over a relatively short time.
Industry policy or smokescreen: PC boss calls out Labor subsidies
Productivity Commission chair Danielle Wood says the Middle East war means it is “sensible to insure” against supply shocks, but warns against excess red tape.
AI burnout and phony productivity gains among minister’s top concerns
Employment Minister Amanda Rishworth says artificial intelligence tools are creating cognitive overload rather than the predicted leisure.
March
Bupa warns of insurance cover slide as the price of cover soars
Nick Stone, the insurer’s local chief executive, says Australia should aim to have half the population covered by a policy by the end of the decade.
CSL says it’s pivoting to shake off its sluggish ways and find growth
In his first interview since becoming chief financial officer, Ken Lim said the embattled health giant was seeing signs of recovery in some of its key products.
