Google parent Alphabet's AI spending boosts third-quarter results
Google parent Alphabet beat Wall Street revenue targets in third-quarter financial results that showed strong growth.
spending
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.
Global Lithium Resources cuts spending in light of falling lithium prices and pressure from the board
Global Lithium Resources will fire directors, cut its chief executive's salary and put its flagship exploration project on hold as prices for the battery metal stagnate following an attempted board ouster.
Commonwealth Bank expects interest rate cut in November after fiscal spending in July
Australia's largest bank has just delivered some encouraging news for struggling mortgage holders.
Fierce debate between Bill Shorten and Jane Hume after question on government spending
Senior Minister Bill Shorten has sparked a heated debate with the opposition after claiming the Liberal Party wanted to plunge Australia into recession.