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The Australian
 

Good afternoon,

A shock decline in the unemployment rate to 3.9 per cent last month threatens to derail the prospect of an early interest rate cut just as hopes of a move lower by the Reserve Bank in February had been revived.

The withdrawal of Alinta Energy from WA’s offshore wind race thins the field as concern grows about an industry once heralded as a solution to meeting net zero goals.

Richard Pratt’s daughter Paula Hitchcock wants to ‘impound’ the income of one of her billionaire half-siblings as security, as their family feud continues in court. 

Perry Williams
Business editor
The markets


Commentary
Economy on edge amid serious economic woes in Victoria
By ROBERT GOTTLIEBSEN
Business Columnist
I’m going to explore possible recovery avenues for the committee tasked to fix Victoria. It’s not a hopeless task, as Premier Jacinta Allen has already flagged massive deregulatio...
Latest news
Labor sends tech giants back to negotiating table
Big tech companies will potentially face fines of hundreds of millions of dollars if they refuse to strike commercial agreements with Australian news businesses for the use of their content.
By JAMES MADDEN, DAVID ROSS
US crypto giant hit with $8m fine after ASIC case
A US crypto giant has called for clearer rules after being slugged by an Australian court with a $8m fine.
By ANGELICA SNOWDEN
Iconic Manly dining spot sold as harbourside venues attract interest
Venues on Sydney’s harbour are trading swiftly ahead of an expected bumper summer period.
By BEN WILMOT
Qantas engineers’ strike targets biggest travel day
The airline says it’s ‘well-prepared’ for industrial action by engineers targeting one of the busiest travel days of the year.
By ROBYN IRONSIDE

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