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The Australian
 

Good afternoon,

CSL boss Paul McKenzie was just sent the occupancy certificate allowing Australia’s own big pharma to start moving equipment and some of its people into its newly built $800m hi-tech 'flu' factory near Melbourne Airport, writes Eric Johnston.

EY says its government consulting business offers plenty of value despite facing softer demand, as it spells out how AI will drive the company to growth in the new year.

US based private equity firm Lone Star has tapped investment bank Macquarie Capital for its $3.4bn buyout proposal for Australian listed packaging company Orora, writes DataRoom's Bridget Carter.

Perry Williams
Business editor
The markets


Commentary
Qantas braces for union attack on new IR laws
By ROBERT GOTTLIEBSEN
Business Columnist
The airline doesn’t have the balance sheet to withstand union attacks in the same way as BHP and Rio Tinto. Which makes it a perilous time for both staff and shareholders.
Latest news
Virgin’s ‘bold new strategy’ for lucrative FIFO routes
Virgin Australia will spend ‘hundreds of millions’ on new Embraer 190-E2s and add 150 more jobs, including pilots and cabin crew, on its Western Australian fly in, fly out routes.
By ROBYN IRONSIDE
Labour shortage over as job applications soar: Seek
The online employment group says diving job ad volumes is making it easier for businesses to find staff, but workers are facing more competition as it warns the labour market will worsen this year.
By MATT BELL
Approvals process needs to change, and quickly: Triguboff
NSW’s planning department is happy to go to court and lose, as long as it tried to limit the production of units, writes Meriton managing director Harry Triguboff.
By HARRY TRIGUBOFF
Golden age for Aussie seniors is soon to face rate cut pressure
Retirees have enjoyed a strong safety net during the cost-of-living crisis as many ‘live the high life’, but it may soon start to fray.
By ANTHONY KEANE