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Record internet speeds recorded in Aust

We invented WiFi and now Australian researchers claim they have helped develop a device that enables the fastest internet speeds ever recorded - capable of downloading a thousand HD movies in less than a second.

JobKeeper error drives down cost, reach

WHY THE JOBKEEPER NUMBERS WERE REVISED DOWN* The Australian Taxation Office and Treasury advised the government on Thursday of a "reporting error" in JobKeeper, the wage subsidy program to help people affected by the COVID-19 downturn.

Store closures, job cuts in Target review

Wesfarmers has outlined plans to halve Target's 284-store network and slash jobs after a review found financial performance unsustainable at the troubled Target business.

Facebook embraces remote work post-virus

Facebook Inc will permanently embrace remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg says, accelerating the tech sector's geographic diversification away from its home in Silicon Valley.

NASA set to launch astronauts again

The two astronauts who will end a nine-year launch drought for NASA have arrived at Kennedy Space Center, exactly one week before their historic SpaceX flight to the International Space Station.