BUSINESS

Labor Commits AU$3 Billion To Boost NBN In Face-Off With Starlink

Illustration shows Starlink logo and Ukraine flag
The communication minister acknowledged that customers who were unable to access full fiber network speeds were diverting toward Musk's Starlink, which offered speeds of 20-100 Mbps monthly for AU$139/month + AU$599 hardware competing with NBN's fiber speeds (50 Mbps) at AU$105/month.
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Donald Trump sent shivers through markets as he warned he could hit Canada and Mexico with hefty tariffs as soon as next month

Stocks Diverge, Dollar Rallies As Trump Gets To Work

European and Asian stock markets diverged Tuesday and the dollar rallied as Donald Trump wasted no time in starting his second term as US president with a raft of announcements affecting the global economy.
Business

Strain On Australia's Small Businesses: Cash Flow Squeeze And Survival Strategies

For small businesses, success often comes down to balancing many different tasks, like managing customers, employees, and suppliers. Given the economic challenges over the past year, it's no surprise that many Australian SMBs have felt the pressure on their cash flow, according to Rebecca Warren, Executive General Manager of Small Business Banking at CBA.
The pound has come under pressure against the dollar amid worries about the UK economy

Global Stocks Mostly Fall Before US Jobs Data

Stock markets mostly retreated and the dollar steadied Friday as traders awaited key US jobs data for signals on the health of the world's largest economy and the outlook for interest rates.

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