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#ausbiz — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #ausbiz, aggregated by home.social.

  1. Mattress retailer goes into voluntary administration?

    Frankly, considering the current housing crisis, where new housing is much smaller than previous decades, I am not surprised.

    There is too much anxiety to consider committing to buying new large furniture.
    I’ve taken to buying more from IKEA and other overseas retailers that cater for small apartments.
    I’ve stopped buying books too.

    Everything is downsized in anticipation that I am
    Forced to relocate again.

    Something like a mattress, solid wood furniture, etc is a luxury.
    news.com.au/finance/business/m
    #AusPol #AusBiz

  2. As a Jew, I am very aware of the reality of antisemitism. But as a writer, I do not believe we counter racism, antisemitism, homophobia or transphobia by boycotts and cancellations.

    theconversation.com/uqp-has-ca #AusBiz #AusPol #QldPol

  3. As a Jew, I am very aware of the reality of antisemitism. But as a writer, I do not believe we counter racism, antisemitism, homophobia or transphobia by boycotts and cancellations.

    theconversation.com/uqp-has-ca #AusBiz #AusPol #QldPol

  4. As a Jew, I am very aware of the reality of antisemitism. But as a writer, I do not believe we counter racism, antisemitism, homophobia or transphobia by boycotts and cancellations.

    theconversation.com/uqp-has-ca #AusBiz #AusPol #QldPol

  5. As a Jew, I am very aware of the reality of antisemitism. But as a writer, I do not believe we counter racism, antisemitism, homophobia or transphobia by boycotts and cancellations.

    theconversation.com/uqp-has-ca #AusBiz #AusPol #QldPol

  6. As a Jew, I am very aware of the reality of antisemitism. But as a writer, I do not believe we counter racism, antisemitism, homophobia or transphobia by boycotts and cancellations.

    theconversation.com/uqp-has-ca #AusBiz #AusPol #QldPol

  7. So MYOB is teaming up with Microsoft in the great AI accounting arms race.
    Worth remembering: Microsoft already has its own competing stack (Dynamics etc), so this isn’t charity — it’s about pulling MYOB deeper into its ecosystem.
    History suggests that getting into bed with Microsoft rarely ends well for the smaller partner (just ask Nokia…).
    Feels less like a partnership and more like a slow absorption play.

    #ausbiz #accounting #ai #bigtech #microsoft

    smartcompany.com.au/technology

  8. Unsure if this was the case with CDU but,…

    Separation of Duties and other organisational management processes are a ‘cost’. But it exists for the purpose of minimising risks of widespread systematic problems.

    In this modern age where business ‘leaders” are tempted to engage in easy ‘cost cutting’ exercises in the name of ‘efficiency’ and ‘productivity’, … it’s worth also remembering that some alleged ‘inefficiencies’ exist for a reason.
    abc.net.au/news/2026-02-23/cdu
    #AusBiz #AusGov #AusEdu #Management #Leadership

  9. Idiot.

    … but also curious about the AFL club and whether they are raising awareness among their club members about how to navigate violence and be legal/street savvy.
    abc.net.au/news/2026-01-23/afl
    #AusBiz #AusSports

  10. 2025 Stat of the Year: Chinese cars are now #2 in Australia, overtaking Thailand. 🚗

    In a pure free market with no local factories to protect, value and tech win.

    The question isn't "if" they will hit #1, but "when." (My bet: 2027).

    But here is why Australia is actually crucial to this revolution—from our lithium to our AI researchers. We are the software to their hardware.

    Full deep dive here:
    #AusBiz #AutoTrends #China #Tech

    robotbelt.com/chinese-cars-aus

  11. Uruguay and how it decarbonised its economy with renewable energy.

    No nuclear energy involved.

    Watch/listen: instagram.com/reel/DR-cGukDIqC
    #AusPol #AusBiz
    Meanwhile Australian politicians whinge about how it’s ’too hard’.

  12. Politicians sooner whinge about things they can’t control, than do something they can control

    like public housing and infrastructure investment, among other fundamental problems.

    Migrants are just the sacrificial sheep to please the populists and ignorant.
    theguardian.com/australia-news
    #AusPol #AusBiz

  13. If the implementation of the ban is heavy-handed it’ll create reason for Australians to protest, and plenty of reason to be concerned

    … and people will say ‘I told you so’: theguardian.com/australia-news
    #AusBiz #AusPol

  14. I am genuinely excited about the fact that Suncable has taken the time and effort to consult and negotiate with Traditional owners.

    abc.net.au/news/2025-11-18/sun

    Government/Business-to-Community agreements that are developed through thorough consultation and self-determination have a proven track record for being long lasting,
    … in contrast to top-down Business-to-Government agreements. There are many case examples of this.

    A ‘classic example’ of ‘what not to do’ when it comes to ‘social licence’ is the Coal Seam Gas industry which led to the ‘Lock the Gate’ movement.
    #AusPol #AusGov #AusBiz #AusLaw

  15. Victorian Govenment and VicGrid need to wake up to reality:

    The trauma caused by Coal Seam Gas, that led to #LockTheGates is still raw.
    Force and ‘law’ isn’t going to help gain access.
    abc.net.au/news/rural/2025-11-
    #AusPol #AusBiz #VicPol #VicLaw #AgChatOz #SocialLicence

  16. Translation: Hi there,

    It's your good buddies at Optus here.

    Your thank you gift is waiting.

    No, it's not a Triple Zero emergency service that doesn't go offline when you need an ambulance.

    And no, it's not fair compensation for that time we had a nationwide outage and managed to not just take out your phone and internet, but also half of the national economy.

    And no, it's not yet another free subscription to that bloody soccer streaming service. We finally took the hint and shut that down.

    No, this time an AI subscription service is looking to deceive its investors by pumping up its paid subscriber numbers.

    So we took a bucket of money from them in exchange for spamming our customers with a text message.

    You know the deal. 12 months free. You won't get charged if you remember to cancel before the deal expires and then make it through all their dark patterns.

    We know we can get away with it because we're one third of one of Australia's big corporate oligopolies.

    I mean, what are you going to do? Chances are the whole reason you switched to us is because you were pissed off at Telstra.

    And your only other choice is TPG/Voda/iiNet/WestNet/Internode/Lebara/TransACT/Crazy John's/Neighbourhood Cable... (it's all one conglomerate with awful mobile coverage now).

    #Optus #perplexityassistant #perplexityai #perplexity #ausbiz #AI #enshittification #business #oligopoly

  17. Translation: Hi there,

    It's your good buddies at Optus here.

    Your thank you gift is waiting.

    No, it's not a Triple Zero emergency service that doesn't go offline when you need an ambulance.

    And no, it's not fair compensation for that time we had a nationwide outage and managed to not just take out your phone and internet, but also half of the national economy.

    And no, it's not yet another free subscription to that bloody soccer streaming service. We finally took the hint and shut that down.

    No, this time an AI subscription service is looking to deceive its investors by pumping up its paid subscriber numbers.

    So we took a bucket of money from them in exchange for spamming our customers with a text message.

    You know the deal. 12 months free. You won't get charged if you remember to cancel before the deal expires and then make it through all their dark patterns.

    We know we can get away with it because we're one third of one of Australia's big corporate oligopolies.

    I mean, what are you going to do? Chances are the whole reason you switched to us is because you were pissed off at Telstra.

    And your only other choice is TPG/Voda/iiNet/WestNet/Internode/Lebara/TransACT/Crazy John's/Neighbourhood Cable... (it's all one conglomerate with awful mobile coverage now).

    #Optus #perplexityassistant #perplexityai #perplexity #ausbiz #AI #enshittification #business #oligopoly

  18. Translation: Hi there,

    It's your good buddies at Optus here.

    Your thank you gift is waiting.

    No, it's not a Triple Zero emergency service that doesn't go offline when you need an ambulance.

    And no, it's not fair compensation for that time we had a nationwide outage and managed to not just take out your phone and internet, but also half of the national economy.

    And no, it's not yet another free subscription to that bloody soccer streaming service. We finally took the hint and shut that down.

    No, this time an AI subscription service is looking to deceive its investors by pumping up its paid subscriber numbers.

    So we took a bucket of money from them in exchange for spamming our customers with a text message.

    You know the deal. 12 months free. You won't get charged if you remember to cancel before the deal expires and then make it through all their dark patterns.

    We know we can get away with it because we're one third of one of Australia's big corporate oligopolies.

    I mean, what are you going to do? Chances are the whole reason you switched to us is because you were pissed off at Telstra.

    And your only other choice is TPG/Voda/iiNet/WestNet/Internode/Lebara/TransACT/Crazy John's/Neighbourhood Cable... (it's all one conglomerate with awful mobile coverage now).

    #Optus #perplexityassistant #perplexityai #perplexity #ausbiz #AI #enshittification #business #oligopoly

  19. Translation: Hi there,

    It's your good buddies at Optus here.

    Your thank you gift is waiting.

    No, it's not a Triple Zero emergency service that doesn't go offline when you need an ambulance.

    And no, it's not fair compensation for that time we had a nationwide outage and managed to not just take out your phone and internet, but also half of the national economy.

    And no, it's not yet another free subscription to that bloody soccer streaming service. We finally took the hint and shut that down.

    No, this time an AI subscription service is looking to deceive its investors by pumping up its paid subscriber numbers.

    So we took a bucket of money from them in exchange for spamming our customers with a text message.

    You know the deal. 12 months free. You won't get charged if you remember to cancel before the deal expires and then make it through all their dark patterns.

    We know we can get away with it because we're one third of one of Australia's big corporate oligopolies.

    I mean, what are you going to do? Chances are the whole reason you switched to us is because you were pissed off at Telstra.

    And your only other choice is TPG/Voda/iiNet/WestNet/Internode/Lebara/TransACT/Crazy John's/Neighbourhood Cable... (it's all one conglomerate with awful mobile coverage now).

    #Optus #perplexityassistant #perplexityai #perplexity #ausbiz #AI #enshittification #business #oligopoly

  20. Translation: Hi there,

    It's your good buddies at Optus here.

    Your thank you gift is waiting.

    No, it's not a Triple Zero emergency service that doesn't go offline when you need an ambulance.

    And no, it's not fair compensation for that time we had a nationwide outage and managed to not just take out your phone and internet, but also half of the national economy.

    And no, it's not yet another free subscription to that bloody soccer streaming service. We finally took the hint and shut that down.

    No, this time an AI subscription service is looking to deceive its investors by pumping up its paid subscriber numbers.

    So we took a bucket of money from them in exchange for spamming our customers with a text message.

    You know the deal. 12 months free. You won't get charged if you remember to cancel before the deal expires and then make it through all their dark patterns.

    We know we can get away with it because we're one third of one of Australia's big corporate oligopolies.

    I mean, what are you going to do? Chances are the whole reason you switched to us is because you were pissed off at Telstra.

    And your only other choice is TPG/Voda/iiNet/WestNet/Internode/Lebara/TransACT/Crazy John's/Neighbourhood Cable... (it's all one conglomerate with awful mobile coverage now).

    #Optus #perplexityassistant #perplexityai #perplexity #ausbiz #AI #enshittification #business #oligopoly

  21. @jillL @MelissaBearTrix So let me get this straight.

    Bunnings is a wholly owned subsidiary of the Wesfarmers conglomerate.

    As well as its warehouses that sell hardware, it's decided that its website is a "marketplace" that sells cheap crap from China from third party companies.

    Bunnings' sister company under Wesfarmers is Kmart/Anko/Target, which sells cheap crap from China.

    Bunnings literally became the dominant national chain by undercutting its competitors on price.

    "If you find a competitor's lower price on the same stocked item, we won't just match it, we'll beat it by 10%."

    After literally running that line on every ad for *decades*, it's now suddenly concerned about unfair competition on price.

    But also. This concern about unfair price competition doesn't apply to McEwan's.

    Or BBC Hardware.

    Or Master's.

    Or HardWareHouse.

    Or what's left of Mitre 10 and Home Timber & Hardware.

    Or the hundreds of local tool and hardware and timber and gardening supply shops it put out of business.

    Nope. The concern about unfair competition on price is specifically around websites that sell cheap crap from China.

    But also. There's no concern about Bunnings' own "marketplace" website.

    Because the concern with cheap crap from China is specifically the stuff that's a knockoff.

    But also. There's absolutely no concern about the cheap crap from China knockoffs by Anko in Kmart and Target.

    Because the concern with unfair competition from websites that sell cheap crap from China that's a knockoff is around tax minimisation.

    It's just not fair that companies can have access to the Australian market without paying their fair share of tax!

    But also. This concern about businesses not paying their fair share of tax does not extend to the mining, energy, and resources sector.

    For example, it doesn't extend to CSBP Ammonia, Ammonium Nitrate and Industrial Chemicals.

    Or Australian Gold Reagents (WA's only manufacturer of sodium cyanide).

    Or Kleenheat LNG.

    Or Queensland Nitrates.

    Or Covalent Lithium.

    By the way, you know what all those resources and petrochemical companies have in common?

    They're all owned (or joint ventures of) Wesfarmers Chemical, Energy, and Fertilisers: https://www.wesfarmers.com.au/our-businesses/wesfarmers-chemicals-energy-and-fertilisers

    (That's right kids. A sister company of Bunnings and Kmart makes sodium cyanide, another makes liquefied natural gas, another makes ammonium nitrate.)

    But also. Hypothetically if some of those tax efficient petrochemicals are sold to Australian Vinyls and CSBP Fertilisers (which Wesfarmers also owns).

    And hypothetically if those products from tax efficient petrochemicals were to end up in Bunnings.

    Then those products don't count as tax minimisation, okay?

    So just to sum this all up.

    Unfair price competition from companies that undercut competitors on price by selling cheap crap from China that's a knockoff on a website while not paying their fair share of tax is evil.

    But also. Unfair price competition from companies that undercut competitors on price by selling cheap crap from China that's a knockoff on a website while not paying their fair share of tax is also kosher.

    But only when Bunnings/Wesfarmers does it.

    Did I get that right?

    #auspol #business #corporate #corporation #Bunnings #Wesfarmers #capitalism #economics #ausbiz #china

  22. Shocked. Absolutely shocked

    The Westpac Rescue helicopter?

    … mostly funded by taxpayers, not Westpac.
    Listen/Watch: instagram.com/reel/DQP3yioDyWP
    #AusPol #NSWPol #PublicRelations #AusBiz

  23. Australia's most respected business journalist, Alan Kohler, makes an excellent point about the potential cryptocurrency and AI bubble. If it bursts, the implications are terrible. But if it doesn't, it's just as bad. www.youtube.com/watch?v=XgR7... #auspol #ausbiz #crypto #AI #ChatGPT #nvidia

    If AI is a good investment, we...

  24. Australia's most respected business journalist, Alan Kohler, makes an excellent point about the potential cryptocurrency and AI bubble.

    If it bursts, the implications are terrible. But if it doesn't, it's just as bad.

    https://www.youtube.com/watch?v=XgR7Llg09Iw

    #auspol #ausbiz #crypto #AI #ChatGPT #nvidia #ArtificialIntelligence #LLM #LargeLanguageModel #LargeLanguageModels #Gemini #OpenAI

  25. Multibillion dollar profit margins, … yet Australian Banks won’t give relief to the community it profits from.

    theguardian.com/australia-news
    #AusPol #AusBiz

  26. And also would not be surprised if the Ban leads to a slippery slope that includes other forms of (social) media:

    Effectively, it sounds like the need to form of a new mega agency for the purpose of policing media content:
    abc.net.au/news/2025-10-13/vid
    #AusPol #AusBiz

  27. Google might not confirm it, but the circumstances suggest it should/would:

    At very least, If I were acting as a PR consultant, I would:
    You have a government legislating for issues that greatly affects businesses in another country. It’s pretty standard to get other governments involved.
    theguardian.com/technology/202
    #AusPol #AusBiz #InternationalBusiness

  28. Climate Risk Assessment's 'high risk' warning for 1 million Australian homes, potentially deemed ‘uninsurable’:

    Surprising absolutely none of the elder Millennials who have been following Climate Change since they were 20 (almost a quarter-century ago.)
    The very first warnings - specific to Australian home insurances) were back around 2001.
    abc.net.au/news/2025-09-16/cli
    #AusPol #AusBiz #Property #ClimateChange #Millenials #GenZ #Boomers

  29. Good ol' Bornstein,

    Considering his track record, you'd hope that large employers would ease off their futile resistance and just be constructive:

    abc.net.au/news/2025-08-18/qan
    #AusLaw #AusBiz #IndustrialRelations #Qantas

  30. Looks like the private equity vultures have begun circling Westfield: https://www.realcommercial.com.au/news/sparks-fly-at-westfield-owners-annual-meeting-over-share-price #ausbiz #auspol #westfield #PrivateEquity

    Look, there's many legitimate reasons to be critical of Westfield.

    But to claim it doesn't know how to maximise the long-term profitability of their shopping centres is laughable.

    And sure, private equity over the short term might be willing to load up on more debt and strip out more assets than Westfield.

    But the long-term track record of companies that have come under private equity control I'd not great.

    "Shopping centre giant Scentre, owner of the local Westfield empire, has come under attack from shareholder activist David Kingston for its lacklustre performance over the last decade, with the listed company’s chairman Ilana Atlas defending its record at its annual meeting in Sydney.

    "Mr Kingston, a former Rothschild banker who had targeted the company last year as he took on underperformance across the real estate sector, again questioned the company’s strategy and its inability to generate long-term value for shareholders.

    "In a lively meeting, marked by spirited debate, Mr Kingston and his son Charlie, both of K Capital, took on the board over the company’s longer-term failure to lift its share price, the high valuations of its shopping centres after rivals traded some assets cheaply, and plans keep its debt in check."

  31. These tariffs wouldn’t be so much of a concern if we had more free trade markets to fall on, like Europe.

    Those European protected Geographic Indicators don’t feel that bad now, do they?
    sbs.com.au/news/article/coalit
    #AusPol #AusBiz #TradeDiplomacy #InternationalRelations

  32. D.League Japan:
    Japan’s Dancing competition for break dancing. Privately-sponsored.
    youtube.com/channel/UCcCHOrU72

    … when this is the level of private sector commitment to niche sports in Japan, compared to the absolute lack of interest in Australia, is anyone still surprised that Australia didn’t have many quality competitors during the Olympics?
    #AusPol #AusBiz #Sports #Olympics #RayGun #BreakDance

  33. So far everything proceeding as predicted:

    One way or another the students and teachers will continue on. The biggest question that has my interests, however, is the consequences that the members of the Board will face… the-riotact.com/next-steps-for
    #AusLaw #ACTLaw #ACTPol #AusBiz #AusEdu