The Australian sharemarket took a beating as investors digested stronger-than-expected employment growth, which is likely to push out the prospect of interest rate cuts further into next year.

The ABC chairman has met a small group of Radio Sydney staff who wrote to the board last week, incensed over recent high-profile talent changes.

The Albanese government is raising the stakes in its attempt to push tech giants to pay Australian media companies for content.

Two major services companies have been accused of causing “direct harm” to the Australian government and taxpayers.

Some of Wall Street’s most powerful people are still celebrating the president-elect’s victory, but they should be wary.