See how the Mercedes-AMG One breaks its own lap record at the Nürburgring

Do you think the last outing of the Mercedes-AMG One at the Nürburgring was impressive? Now it's even faster around the infamous Nordschleife. When Maro Engel drove the One in 2022, he set a new production car record of six minutes and 35.183 seconds on the 20.832km route – but it was obvious that damp … Read more

AMP deputy chief economist Diana Mousina says record spending could increase inflation and slow productivity

A top economist has warned that record levels of government spending could boost inflation and slow productivity, just as updated federal budget figures show payments have risen sharply. AMP deputy chief economist Diana Mousina said state and federal spending reached a record share of the economy at about 28 percent in the June quarter.

Record annual sales for Rebel and Supercheap car owner Super Retail Group

The retailer behind some of Australia's best-known retail brands – including Rebel Sport and Supercheap Auto – has reported record sales for the 2024 financial year. The Super Retail Group, which also operates the Macpac and BCF brands, said on Thursday that group sales rose 2 percent to $3.9 billion in the 12 months to … Read more

Home appliance manufacturer Breville records record annual sales thanks to US sales

Home appliance maker Breville reported record sales of $1.5 billion in fiscal year 2024, boosted by double-digit sales growth in the United States. Breville, the maker of air fryers, coffee makers and other kitchenware, said on Wednesday that it has more than doubled its sales over the past five years.