Business
Companies
Netflix’s Australian tax bill was $868,000 last year
Netflix paid just $868,000 in tax in Australia last year, despite estimates it raked in hundreds of millions of dollars from subscribers in the country.
- by Zoe Samios
Latest
Ashton Kutcher and Ukraine are fans but an Aussie-founded AI firm is in strife
Australian founder of Clearview Hoan Ton-That believes his database of more than 10 billion images is helping police catch insurrectionists and paedophiles but his business model is under threat around the world.
- by Laurel Henning, Cynthia Kroet, James Panichi and Mike Swift
Views diverge over rate hikes impact on REITs
Property analysts are taking diverging views on the health of the $135 billion listed real estate investment trust sector, given the unfamiliar climate of rising interest rates and inflation.
- by Tim Boreham
Moon Dog beer maker’s building hits the market
The freehold housing one of Melbourne’s earliest 21st century craft breweries, is on the market.
- by Nicole Lindsay
Shoppers flock back to malls despite inflation concerns
Westfield shopping centres have come back to life as consumers flock back to spend on fashion, jewellery, technology and appliances and the ubiquitous leisure gear.
- by Carolyn Cummins
Updated
Social media
Elon Musk’s Twitter takeover deal put on ice
Elon Musk said on Friday his multibillion-dollar deal for Twitter was temporarily on hold, citing pending details on spam and fake accounts.
‘Fear of Packer’ pushed Star to go rogue, says director
A Star Entertainment Group director says fear of competition from James Packer’s new Sydney casino was a key reason the company embraced rogue behaviour that left it open to money laundering and criminal infiltration.
- by Patrick Hatch
Climate, energy policy top ‘wish list’ for Orica boss as prices rise
Orica, one of Australia’s largest gas users, is calling on the winner of next week’s election for clearer direction on energy security and climate policy.
- by Nick Toscano
Locals back Olga’s Puckle St store but other shopping strips slow to bounce back
The hollowed-out stores in Melbourne’s suburban streets, a hallmark of the pandemic’s long lockdowns, are slowly reviving.
- by Simon Johanson
Aware Super under pressure ahead of AGL coal split vote
A top AGL investor says it is assessing climate and financial risks before voting on the energy giant’s demerger, as pressure from health workers intensifies.
- by Nick Toscano
Famed late-night watering hole Minskys sold for $39m
Sydney’s lower north shore pub Minskys - the one with the famed piano man - has been sold for $39 million.
- by Carolyn Cummins