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The Australian
 

Good afternoon,

ANZ has become the first of the major four banks in Australia to rule out the prospect that the Reserve Bank  will make any interest rate cuts this year now.

Bain Capital has pitched a $1.83bn takeover offer for auto parts retailer Bapcor as the company’s share price languishes near historic lows.

Apple’s deal to partner with ChatGPT AI has the world’s richest man Elon Musk threatening to ban all Apple devices at his company. So what does it mean for iPhone users?
Perry Williams
Business editor
The markets


Commentary
Pay cuts, red tape make casual work mission impossible
By ROBERT GOTTLIEBSEN
Business Columnist
Many ordinary casual workers are starting to get a whiff that their lives will change for the worse soon as the new union-driven industrial relations act comes into force.
Latest news
RBA won’t cut rates until 2025 amid Labor spending
ANZ has become the first of the major four banks to rule out any chance that the RBA cut interest rates this year due to a number of factors.
By MATT BELL
Bain’s Bapcor bid could flush out US suitors
US suitors for auto parts retailer Bapcor could emerge now that the company is “in play”, with few options left if the overseas majors want to stake a claim in the Australian market.
By CAMERON ENGLAND
Desperate capital raise by winemaker
Australian Vintage has resorted to a dilutive capital raising as sales flatline and debts grow amid boardroom chaos that will now see its long-serving chairman exit.
By ELI GREENBLAT
Bonza workers sacked after no offers made
Bonza’s administrators have sacked employees and cancelled future flights despite ongoing talks with ‘interested parties’.
By ROBYN IRONSIDE
Hey Siri, what’s Elon’s problem?
Apple’s deal to partner with ChatGPT AI has the world’s richest man Elon Musk threatening to ban all Apple devices at his company. So what does it mean for iPhone users?
By JOSEPH LAM
 
 
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