Switzer Daily

Tech While it’s too early to count the full economic cost of this outage, this incident reminds us that mobile networks...

A family construction business just floated on the ASX to a 17% first-day pop, and 36 years of hard slog in the making. Given the curve balls, especially from governments with their excessive regulations, tax policies and innate inability to encourage and really back innovative businesses trying to grow (as evidenced by the recent Budget changes to the capital gains tax discounts), comes FDC Consolidated.

Neuren shares fell when Europe knocked back its treatment for a rare childhood disease, then jumped when the regulator changed its mind. Here’s how it played out. Shaw and Partners’ Adam Dawes used it on Switzer TV to show how a single decision can be the whole story for a biotech. Neuren’s drug treats Rett syndrome, a rare neurological disorder that mostly affects young girls, at a rate of about one in 10,000. For a company like Neuren, one regulator’s yes or no can move the whole share price.

On Wednesday morning, Telstra’s mobile network suffered a major outage, leaving thousands of Australians unable to make phone calls or access data. According to the company, a “software defect” impacting time synchronisation across the network was to blame, with no sign it was the result of a cyberattack. At 4pm on Wednesday, Telstra said the issue had been “mostly resolved”.

If you are feeling financially depleted personally, and pessimistic about the economic outlook generally, figures released this week won’t cheer your mood. The OECD found Australia was one of 11 developed countries where the real minimum wage had fallen between April 2025 and April 2026.

For the best part of a century, Australian property investors have enjoyed a generous tax arrangement found in few other countries: the infamous “negative gearing”. Now, sweeping reforms to limit negative gearing to new builds and also change the way capital gains are taxed have become law. The federal government hopes to give first-home buyers a better shot at buying existing homes and at the same time redirect investor cash towards increasing housing supply.

Tech Australians woke up this morning to a major outage affecting Telstra, the largest telecommunications network in the country. But mobile...

Property After years of rapid growth, Australia’s housing market is beginning to cool. Auction clearance rates have softened, prices in Sydney...

After years of rapid growth, Australia’s housing market is beginning to cool. Auction clearance rates have softened, prices in Sydney and Melbourne are easing, and economists expect further modest declines over coming months. And whenever housing slows, the same question quickly follows: will the broader economy slow with it? The answer is probably yes – but not by much. What does a slowdown mean for the economy? Housing touches almost every part of Australia’s economy.

Australians woke up this morning to a major Telstra outage, taking down the largest telecommunications network in the country. But mobile phones weren’t the only thing knocked out of action. Some EFTPOS payment services, taxi payment systems, electric vehicle charging platform Chargefox, and public transport ticketing in Canberra were all affected. There have been conflicting reports over whether Triple Zero calls were impacted, as they were in a recent Optus outage.