Australia will roll out a third round of sanctions against Russia, aligning with US and UK moves, and will provide non-lethal military equipment to Ukraine.
A Bibra Lake-based environmental consultant has lost its bid to stop a former employee from joining its only local competitor over concerns about the exchange of intellectual property.
About $70 billion of value has been erased from the ASX today, while the federal government is increasing pressure on Russia as the Ukraine crisis escalates.
Russian forces have fired missiles at Ukrainian cities and landed troops on its south coast, officials and media say, after President Vladimir Putin authorised what he called a special military operation in the east.
High profile businessman Nev Power will have to endure another painstaking month-long wait before knowing whether the court believes his COVID travel breaches warrant jail time.
Jack Bendat arrived in Perth 56 years ago with little money and no connections. He proceeded to carve a business career that made him one of WA’s most successful entrepreneurs.
Nev Power has stepped down as chairman of Perth Airport and taken a leave of absence from Strike Energy and APM, ahead of his sentencing for breaching COVID travel rules.
Annual wages grew 2.3 per cent as of the December quarter, the highest since mid-2019, but still lagged well behind the rate of inflation at 3.5 per cent.
The Business Council is calling for the skilled migration cap to be lifted to 220,000 over the next two financial years to deal with acute worker shortages.
The impact of January’s Omicron case surge on the labour force has been laid bare, with hours worked dropping almost 9 per cent, while unemployment remains at a 13-year low.
A late drop in trade following reports of shelling in Ukraine wiped almost all ASX gains and raised the prospect of sanctions against major oil producer Russia.
CSL shares surged after its first-half earnings and the ASX had its best day in a week after Russia claimed to be moving troops away from the Ukraine border.
