Brandon How

Jim Chalmers is selling tax changes as a productivity fix, but economists say supply bottlenecks and weaker investment could limit the payoff.

HMC Capital's HealthCo Healthcare and Wellness REIT has reached an agreement to surrender Healthscope's existing lease for the Mount Private Hospital to Bethesda Health Care, which has been guaranteed by the Western Australian government.

Treasury secretary Jenny Wilkinson said if the government veers away from its proposed reforms it would only cause ‘significant new distortions’ in the economy.

The Australian sharemarket finished lower as gold miners fell, tracking a retreat in the spot price of the haven asset as persistent US-Iran tensions spark inflation risks and rate hike expectations.

The adoption of AI has slowed the growth of highly AI-exposed industries like finance and insurance, ICT and software and professional services since the release of ChatGPT in late 2022 according to NAB economists.

Private equity firm Pacific Equity Partners (PEP) Gateway has agreed with Navis Capital Partners to form a continuation vehicle to acquire New Zealand's largest egg supplier Mainland Poultry.

The federal government has committed $5 million over the next two years to extend partnerships with Pacific nations to fight financial crime.

PEXA shares lifted in morning trade after the electronic conveyancing platform announced Graham Curtin as its new group chief financial officer, effective 1 September 2026.

Dexus is “considering grounds of appeal that may be available” after the NSW Supreme Court ruled it must sell a $4.5 billion stake in Melbourne and Launceston Airports, following an order spearheaded by infrastructure fund manager IFM Investors and backed major superannuation funds.

The ASX finished flat as broad losses offset a surge in the tech sector, tracking gains for the sector on Wall Street in the previous trading session.