ASX 200 Surges 2% on Trump Iran Deadline as GYG Shares Rocket 17% The ASX 200 surged 2% on Tuesday morning. The index added 174.1 points to reach 8,753.6. This massive risk-on relief rally is directly tied to the looming

The ASX 200 surged 2% on Tuesday morning to reach 8,753.6. GYG shares rocketed 16.7% on a massive sales beat, while NextDC launched a $1 billion hybrid security offer. #ASX200 #AusBiz #StockMarket #Investing

blazetrends.com/asx-200-surg...

Curious @ronpol.bsky.social, what’s the upside of a right wing billionaire backed slop producing, hallucinating, climate destroying technology? Productivity?
How’d that productivity work out for Deloitte, @paulkarp.bsky.social?
#AusPol #ausbiz #Austech #noAI

In #Australia , local #ASX expected to open sharply lower after Easter break on renewed fears of economic consequences due to conflict in Middle East.

Oil still climbing ahead of today’s household spending data..

Oil ⬆️ 0.37
Gold ⬇️ 0.44%
Iron Ore ⬆️ 0.11%

#auspol #ausecon #ausbiz

Westpac chief Anthony Miller urges Jim Chalmers to chase AI upside The CEO says boosting productivity could increase revenue without lifting taxes and produce more government services without a corresponding rise in spending.

Westpac chief Anthony Miller urges Jim Chalmers to chase AI upside #auspol #ausbiz #austech www.afr.com/politics/fed...

Rowland mulling copyright reforms for ‘the age of AI’ The attorney-general will not water down copyright laws to allow AI labs to train their models using Australian data, but has left the door open to other changes.

Rowland mulling copyright reforms for ‘the age of AI’ #auspol #ausbiz #auslaw www.afr.com/politics/fed...

#China inc has has employed similar devious techniques that Western companies have practised for years.

It's just that companies aren't accustomed to being screwed by a national government.

#Auspol #Ausbiz #business

Junior rates application (AM2024/24) | Fair Work Commission The Fair Work Commission is Australia's workplace tribunal. We create awards, approve enterprise agreements and help resolve issues at work.

More info on the junior rates application by the SDA here
www.fwc.gov.au/hearings-dec...
Decision summary: www.fwc.gov.au/documents/si...
Decision (281 pages): www.fwc.gov.au/documents/si...
#auslaw #ausbiz #ausunions

Breaking: Fair Work Commission abolishes junior pay rates for young adults The Fair Work Commission has issued its decision to abolish junior pay rates for young adult employees in the retail, fast food, and pharmacy sectors while maintaining them for minors.

The Fair Work Commission has issued its decision to abolish junior pay rates for young adult employees in the retail, fast food, and pharmacy sectors while maintaining them for minors under 16.
www.abc.net.au/news/2026-03... #auslaw #ausbiz #ausunions

In #Australia , futures market suggests #ASX to start week lower after big falls on Wall Street last Friday.

A rise in gold price may help
mining stocks buck the trend, but surging oil price still the major concern elsewhere..

Oil ⬆️ 7.86%
Gold ⬆️ 2.54%
Iron Ore ⬇️ 2.17%

#auspol #ausecon #ausbiz

Media bosses: ‘Australia shouldn’t be held to ransom’ by AI giants “Our newsrooms and creators are open for business, but we are not an open buffet for Silicon Valley,” said News Corp executive chairman Michael Miller.

Media bosses: ‘Australia shouldn’t be held to ransom’ by AI giants #auspol #auslaw #ausbiz www.afr.com/politics/fed...

Copyright holder are ready to do AI deals – under existing laws A leading creative industry CEO representing songwriters and music publishers says current copyright laws are fit for purpose in the age of artificial intelligence.

Copyright holder are ready to do AI deals – under existing laws #auspol #auslaw #ausbiz www.afr.com/politics/fed...

Anthropic boss Dario Amodei to meet Chalmers, Albanese in Canberra The meetings are unlikely to resolve the impasse over key issues such as copyright reform which are standing in the way of the artificial intelligence giant building data centres here.

Anthropic boss Dario Amodei to meet Chalmers, Albanese in Canberra #auspol #ausbiz #austech www.afr.com/politics/fed...

Labor GST row threatens Tomago smelter bailout The Albanese government is pushing NSW Premier Chris Minns to make a bigger contribution to its multibillion-dollar rescue package for the Tomago aluminium smelter.

Labor GST row threatens Tomago smelter bailout #auspol #ausbiz www.afr.com/policy/energ...

Chalmers warns CEOs against premature optimism on Middle East peace The treasurer says the degree of damage Australia sustains depends on how long the war lasts and how quickly the global economy rebounds afterwards.

Chalmers warns CEOs against premature optimism on Middle East peace #auspol #ausbiz www.afr.com/politics/fed...

IEA boss warns Australia against ‘abrupt’ changes to oil and gas taxes International Energy Agency executive director says sudden tax changes on gas exports could damage Australia’s reputation as a reliable trading partner.

IEA boss warns Australia against ‘abrupt’ changes to oil and gas taxes #auspol #ausbiz #austax www.afr.com/politics/fed...

Fuel security fears spark business backlash against gas tax Higher taxes on gas exporters could jeopardise Australia’s relationships with global energy partners the nation relies on for oil, business leaders warn.

Fuel security fears spark business backlash against gas tax
#auspol #ausbiz www.afr.com/politics/fed...

Copyright ‘status quo’ not working in AI boom times, says Charlton The government is weighing reform models that would protect local publishers and creatives from tech giants using their content for training large language models.

Copyright ‘status quo’ not working in AI boom times, says Charlton #auspol #ausbiz www.afr.com/politics/fed...

Cochlear chief warns global uncertainty worse than COVID Howitt will be among 40 of the nation’s top CEOs in Canberra this week to meet ministers and the opposition to discuss the uncertainty in the global economy.

Cochlear chief warns global uncertainty worse than COVID #auspol #ausbiz www.afr.com/politics/fed...

Budget to fund new pay deal for childcare workers The government will unveil a new childcare wage deal to avoid 60,000 workers having their pay cut when a $3.6 billion agreement expires later this year.

Budget to fund new pay deal for 60,000 childcare workers #auspol #ausbiz www.afr.com/politics/fed...

European cars, Aussie critical minerals winners in EU trade deal European Commission President Ursula von der Leyen will arrive in Australia on Monday to hash out the final details of the agreement.

European cars, Aussie critical minerals winners as Australia-EU trade trade deal details emerge #auspol #ausbiz www.afr.com/politics/fed...

The RBA has lifted the cash rate target from 3.85% to 4.10%, an increase of 25 basis points. #auspol #ausbiz @SBSNews

Ayres flags long wait on fixing ‘broken’ R&D innovation system The industry minister wants a lengthy public discission about a major review’s findings, but business wants bold and urgent action.

Ayres flags long wait on fixing ‘broken’ R&D innovation system #auspol #ausbiz www.afr.com/politics/fed...

EV owners face job trap if Labor extends cuts to tax break Business and unions have warned about changes that would whack EV drivers with hundreds of dollars in fortnightly costs if they change jobs.

EV owners face job trap if Labor extends cuts to tax break #auspol #ausbiz www.afr.com/politics/fed...

It is time for the Australian government to promote Aussie farmers to plant Canola for this coming planting season to enable Australia to have enough blended #ethanol #diesel. #auspol #natsec #ausbiz #ausecon

This Gulf war will go longer than 3 months, especially if Yemen joins.

Think ahead #albo

Booming battery program hit by delays, high costs: auditor Labor’s popular $200 million community battery program remains on track, despite suggestions it was targeted at marginal seats at the 2022 federal election.

Booming battery program hit by delays, high costs: auditor #auspol #ausbiz www.afr.com/politics/fed...

Shorten proposes 1pc levy of corporate profits to cut HECS bills University of Canberra vice chancellor Bill Shorten says the almost four-decades-old HECS system is faltering and urges the corporate sector to fund national skills

Shorten proposes 1pc levy of corporate profits to cut HECS bills
#auspol #ausbiz www.afr.com/politics/fed...

A lot of speculation about whether AI is coming for our jobs.

In Australia, so far, that hasn't happened.

30% of Aussie job postings are in occupations with high-exposure to AI. It's been steady since mid-2023.

There's nothing in the data pointing towards an AI-driven shift in hiring #ausbiz

Coal, gas, uranium can make Australia an ‘AI safe haven’, says Hastie Coalition industry spokesman Andrew Hastie says Australia’s advantages in energy and land could make this country a secure place for data centres.

Coal, gas, uranium can make Australia an ‘AI safe haven’, says Hastie #auspol #ausbiz www.afr.com/politics/fed...

Labor, Liberals set to lose millions in corporate cash Both major parties make millions from pay-for-access business programs for executives and lobbyists. From July 1, they will have to change how they do business.

Labor, Liberals set to lose millions in corporate cash #auspol #ausbiz #auslaw www.afr.com/politics/fed...

Tech titans told to bake Aussie values into the AI stack Assistant Technology and Digital Economy Minister Andrew Charlton has warned AI labs like OpenAI and Anthropic not to make the same mistakes as social media.

Tech titans told to bake Aussie values into the AI stack #auspol #ausbiz #auslaw www.afr.com/politics/fed...