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Business news headlines

Latest business news, company tax, government regulations, CEOs, entrepreneurs, customers, and big business strategy
AFR, Telstra George St Sydney 5th October 2022 Photo:Natalie Boog

Telstra axes nearly 500 jobs

Telstra is set to axe almost 500 jobs in a major cost cutting move aimed at "reshaping the business" to "remain competitive and efficient".

Aussie broker hit with record $4.5 million fine

Australian brokering service Openmarkets has been hit with a record $4.5 million fine following a scathing ruling over suspicious trading on its platform and a failure to comply with integrity rules.