Casual pay cuts coming; What's Elon's problem with Apple?

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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

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Emerald Resources NL

West African Resources

Genesis Minerals

Regis Resources

Ramelius Resources

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13.16%

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3.24% 2.10% 1.79%

Strike Energy

Bapcor

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ASX 200 7754.70 -1.33% HANG SENG 18058.01 -1.60% NIKKEI 39165.84 +0.32% ASX 20 4383.80 -1.18% AUD/USD .660 -0.10% GOLD 2302.20 -0.04%

June 11, 2024 03:28PM AET

ASX 200

7754.70

-1.33%

HANG SENG

18058.01

-1.60%

NIKKEI

39165.84

+0.32%

ASX 20

4383.80

-1.18%

AUD/USD

.660

-0.10%

GOLD

2302.20

-0.04%

June 11, 2024 03:28PM AET

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.

Casual pay cuts coming; What's Elon's problem with Apple?

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