Business & Markets

Backlash against last year’s Pride Month marketing campaign contributed to Target’s first quarterly sales drop in six years.

Total interest payments will soar from $22.7 billion in the 2023-24 financial year to $35.6 billion in 2027-28.

A range of green energy initiatives will be funded followed the release of the official budget by Australian Treasurer Jim Chalmers.

The process to map the entire continent will take 35 years.

A boost to aged care workers’ salaries is among the $2.2 billion in announcements made for the sector in the 2024 federal budget.

The opposition, however, argues the budget ‘does nothing to help Australians get ahead and to restore their standard of living.’

This year’s Budget paves the way for an earlier election, should its assumptions prove accurate.

The Labor government is set to spend $215 billion more than it earns over the next five years.

About $6.2 billion will go into the initiative.

Waymo vehicles are under investigation.

The former health official approved COVID-19 test program invoices for payments exceeding $34 million without making any verification efforts.

The quadrupled tariff aims to keep the excessive cheap Chinese EVs at bay and protect the US auto industry.

Qantas will launch direct flights from Brisbane to Manila for the first time in over a decade also increase its flights to Singapore and India.

Corporate America warns ’the consumer is under pressure.’

While the figure is well below the $22.1 billion surplus in 2022-23, it marks the first back-to-back surplus in nearly two decades.

Sheep are exported live to middle eastern countries but will be stopped after animal rights concerns and farmers will be compensated by a funding package.

‘We need to deal with the debt and the deficits,’ Goldman Sachs CEO David Solomon said.

‘There is pretty extensive damage.’

The government also wants to pay superannuation guarantee on paid parental leave to help parents who choose to have more children.