BusinessDay

Business news from The Sydney Morning Herald, The Age, The Canberra Times, Brisbane Times and WAtoday

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Welcome to the page of Fairfax Media's BusinessDay. BusinessDay can be read in the Sydney Monirng Herald and The Age and at
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- watoday.com.au/businessday
- canberratimes.com.au/businessday

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Qantas unveils frequent flyer revamp 08/04/2024

Qantas boss Vanessa Hudson has unveiled a long-awaited revamp of its frequent flyer program as part of its push to restore its credibility with consumers.

Qantas unveils frequent flyer revamp Qantas Airways boss Vanessa Hudson has unveiled a long-awaited revamp of its frequent flyer program as part of its push to restore its credibility with consumers.

Boeing’s turbulence is a threat to the entire aviation industry 28/03/2024

The Boeing Company is fighting to ensure its own survival as it grapples with a deepening crisis. That’s not the only thing at stake.

Boeing’s turbulence is a threat to the entire aviation industry The aircraft manufacturer is fighting to ensure its own survival as it grapples with a deepening crisis. That’s not the only thing at stake.

This Australian scientist says he invented bitcoin. A judge disagrees 16/03/2024

Craig Wright has for eight years claimed that he was the man behind “Satoshi Nakamoto,” the pseudonym that masked the identity of the creator of bitcoin.

This Australian scientist says he invented bitcoin. A judge disagrees

Meet the Australians leaving their jobs for AI 26/02/2024

Annie Liao left her secure investment job to chase the $1.8 trillion AI sector. And she’s not the only one.

Meet the Australians leaving their jobs for AI

Apple says don’t put your wet iPhone in a bag of rice. Do this instead 21/02/2024

Putting your wet electronics in a bag of rice to dry has never been a good idea, despite the remedy circulating stubbornly on the internet for decades. And now Apple has come out with a definitive stance.

Apple says don’t put your wet iPhone in a bag of rice. Do this instead Apple has taken a stand on the decades-old remedy that covering a wet phone with rice will save it from water damage. It has offered a much simpler solution.

Albo’s economic report card: Must try harder to secure our future 22/12/2023

The government is making an each-way bet when it comes to dealing with the energy transition – and that’s a big problem.

Albo’s economic report card: Must try harder to secure our future

Why the Australian dollar is surging 29/11/2023

Anyone contemplating travelling to the US would be encouraged by a sudden jump in the value of the Australian dollar over the past fortnight. Here’s what is behind it.

Why the Australian dollar is surging

Why the world’s second-largest champagne maker hates remote work 20/11/2023

The world’s second-largest producer of champagne has lamented the post-pandemic practice of remote and hybrid work.

Why the world’s second-largest champagne maker hates remote work Vranken-Pommery Monopole co-owner Nathalie Vranken wants you to come into the office more – and then go for dinner and drinks.

Delayed travellers in the EU can receive up to $1000. Here are the rights you have in Australia 10/11/2023

Qantas recently told the Federal Court that booking a ticket to travel does not guarantee your right to a seat on that specific flight. Do they have a point?

Delayed travellers in the EU can receive up to $1000. Here are the rights you have in Australia

Billions destroyed: How it all fell apart at WeWork 09/11/2023

Where it all went wrong for WeWork.

Billions destroyed: How it all fell apart at WeWork Its charismatic founder helped turn WeWork into a giant that was once valued at $US47 billion. This week it filed for bankruptcy.

Australians are tipping more generously and more often 05/10/2023

Which Australians are the best and worst tippers?

Australians are tipping more generously and more often Melburnians are the nation’s most generous tippers on average, followed by those in Brisbane, while Perth residents appear to tip the least.

Why the ‘higher for longer’ interest rates call could be misleading 27/09/2023

Markets have embraced the Fed’s belief that interest rates will remain higher for longer to bring inflation under control. But it could be a false signal.

Why the ‘higher for longer’ interest rates call could be misleading

Loved and loathed: The sun sets on Rupert Murdoch’s 70-year career 22/09/2023

An admired, feared and even loathed figure, but there’s no doubting his legacy after a 70-year career.

Loved and loathed: The sun sets on Rupert Murdoch’s 70-year career Murdoch is, and deserves to be, regarded as Australia’s most successful businessman on the international stage, and one of the more powerful and influential figures in world affairs for much of his unusually lengthy career.

High Stakes: The ‘life-or-death’ battle over a company name 20/09/2023

A fast-growing Sydney-based share trading platform and a casino giant run by a pair of Melbourne-based twenty-something billionaires are locking horns.

High Stakes: The ‘life-or-death’ battle over a company name

New cameras and a USB port: Is iPhone 15 worth the upgrade? 19/09/2023

The lack of surprises in Apple’s latest iPhone lineup might not be all that surprising. But as far as modern releases go, the devices hitting shelves on Friday have made some significant advances.

New cameras and a USB port: Is iPhone 15 worth the upgrade?

Going overseas? Good luck finding the flight you want 15/09/2023

International aviation capacity might be increasing, but there’s a mismatch between seat availability and where Australians want to travel.

Going overseas? Good luck finding the flight you want

Apple introduces iPhone 15 with USB-C, Apple Watch with ‘double-tap’ 12/09/2023

Apple has announced its first smartphones with USB-C ports, more than 10 years after introducing its proprietary Lightning connector, as it unveiled the iPhone 15 and iPhone 15 Pro at an event in California.

Apple introduces iPhone 15 with USB-C, Apple Watch with ‘double-tap’ The phones have the same charging cable used for Macs and iPads, as well as a new 48MP main camera, allowing for sharper shots and a clearer 5x zoom.

From meat to muffins, Costco strikes a chord with fresh food offer 11/09/2023

As Australian households hunt for budget-friendly treats, food courts at Costco stores around the country are heaving with foot traffic.

From meat to muffins, Costco strikes a chord with fresh food offer The bulk-buy membership retailer is eyeing new sites and export opportunities as consumers hunt for budget-friendly treats.

Fenton & Fenton rescued, Lucy Fenton to stay on 08/09/2023

Collapsed homewares retailer Fenton & Fenton has been bought by family-run furniture business Berkowitz Furniture for an undisclosed sum.

Fenton & Fenton rescued, Lucy Fenton to stay on Melbourne family-run business Berkowitz Furniture has bought the collapsed homewares retailer and will attempt to fulfil customer orders “where possible”.

Qantas to scrap COVID-19 refund expiry date 30/08/2023

Qantas Airways will scrap the expiry date on flight refunds for those whose travel plans were disrupted due to the border closures during COVID-19, while the airline has been accused by the ACCC of advertising thousands of flights that it had cancelled.

Qantas to scrap COVID-19 refund expiry date The consumer watchdog also launched a court case against the airline over allegations it falsely advertised 8000 flights it had already cancelled.

Irene Falcone’s Sans Drinks rescued by wine retailer in $1.8m deal 25/08/2023

The non-alcoholic liquor business that fizzed after the pandemic has been saved from liquidation, with founder Irene Falcone to stay with the business.

Irene Falcone’s Sans Drinks rescued by wine retailer in $1.8m deal

Solo’d out: Why this Hard drink’s instant popularity is tough for some to swallow 20/08/2023

Consumers would be hard-pressed to find the alcoholic version of Solo in stores, but critics say there’s a bitter side to the sugary alcoholic drink.

Solo’d out: Why this Hard drink’s instant popularity is tough for some to swallow

The new boss of Maggie Beer’s food company is ‘reimagining what it could be’ 14/08/2023

Kinda Grange, the new chief executive of Maggie Beer Holdings, will have to convince consumers to buy premium food products amid a cost of living crisis.

The new boss of Maggie Beer’s food company is ‘reimagining what it could be’

Caroline spent $63k at Fenton & Fenton. Now her goods are in limbo 10/08/2023

Customers who spent tens of thousands of dollars with the homewares and interiors brand are now left to grapple with the fallout.

Caroline spent $63k at Fenton & Fenton. Now her goods are in limbo

The good STUFF: Thorpey-backed men’s skincare brand made to be sold 08/08/2023

Profits from STUFF go towards mental health programs for teenage boys – and founder Hunter Johnson is hoping Australians pitch in to take it to the world.

The good STUFF: Thorpey-backed men’s skincare brand made to be sold

Wallabies sponsor hit with ASIC action over its financial betting products 04/08/2023

One of the lead sponsors of the Wallabies is being sued by the corporate watchdog, which alleges it sold financial betting products inappropriately and breached its obligations to act honestly, efficiently and fairly.

Wallabies sponsor hit with ASIC action over its financial betting products The corporate watchdog says 20,000 Australian customers of eToro lost money trading products known as contracts for difference.

Australian skincare brand Bondi Sands sold to $26b Japanese giant 01/08/2023

Bondi Sands is the latest in a string of Australian brands that have been sold to international conglomerates after a deal believed to be worth $450 million.

Australian skincare brand Bondi Sands sold to $26b Japanese giant In a deal estimated to be worth more than $400 million, self-tanning brand Bondi Sands is the latest Australian business to be sold to an international conglomerate.

Dad shoes to supermodel attire: New Balance’s youth focus is paying dividends 31/07/2023

Athletic footwear business New Balance is on the growth path – so much so that it has been running out of space at its Melbourne headquarters.

Dad shoes to supermodel attire: New Balance’s youth focus is paying dividends The long-running athletic footwear business still hasn’t run out of puff. It’s moving into new Melbourne digs with an eye on the future.

Samsung unveils new foldy phones as it hits back at imitators 26/07/2023

This year’s Z Flip5 is a big deal for Samsung after competitors brought several new flexible devices to market in the past year.

Samsung unveils new foldy phones as it hits back at imitators

Uniqlo says sorry after uncovering $25 million in underpayments 25/07/2023

Fashion retailer Uniqlo has apologised to current and former employees and is working to organise back-payment after discovering underpayments in the group’s Australian operations to the value of $25 million.

Uniqlo says sorry after uncovering $25 million in underpayments The fashion retailer is currently working to contact those affected and pay them backpay and interest.

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