30+ min ago (430+ words) The Beijing-based social media giant has asked local operators for proposals to build capacity in Australia but is struggling for foreign investment approvals. Gift 5 articles to anyone you choose each month when you subscribe. TikTok has plans to build big data centres around the country, but has failed to get necessary approvals from the Foreign Investment Review Board for more than a year amid questions about whether foreign technology giants should be able to build, own and operate critical local infrastructure. The Chinese-owned video and social media platform asked local data centre operators to submit construction proposals earlier this year, despite being rebuffed by Treasurer Jim Chalmers on the issue, people briefed on the matter but unauthorised to comment publicly said. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are…...

5+ hour, 42+ min ago (203+ words) The state's health minister has called for more resources to combat illegal tobacco as smokers try to escape high excise duties. Gift 5 articles to anyone you choose each month when you subscribe. NSW Health Minister Ryan Park has issued a fresh appeal for extra financial resources from Canberra to fight the scourge of the thriving tobacco black market as smokers seek to escape soaring excise duties. "With the federal tobacco excise at such a rate, we know that people are turning to illegal tobacconists that are flourishing in our suburbs and communities," Park told The Australian Financial Review. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers that should be on your radar Max Allen's top 20 drinks of the year (from $25 to $500) Christine Holgate on…...

6+ hour, 50+ min ago (202+ words) The world's fourth-richest person also gave away shares to charities in May. The Google co-founder's fortune gained $149 billion this year on the AI rally. Gift 5 articles to anyone you choose each month when you subscribe. San Francisco | Sergey Brin gave away more than $US1.1 billion ($1.7 billion) worth of Alphabet stock last week, with most of the money going to a nonprofit the Google co-founder created. The donation was disclosed on Friday (Saturday AEDT) in a regulatory filing, which didn't specify who had received the more than 3.5 million shares. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers that should be on your radar Max Allen's top 20 drinks of the year (from $25 to $500) Christine Holgate on how to survive losing your job Why the two strikes rule…...

8+ hour, 31+ min ago (220+ words) Steelmaker POSCO, Korea Gas, and LG Energy are among several major South Korean industrials calling for more investment-friendly policies from Canberra. Gift 5 articles to anyone you choose each month when you subscribe. Some of South Korea's biggest companies including POSCO, Korea Gas Corporation and LG Energy are calling for an urgent review of policy settings in Australia for energy and infrastructure investment amid an alarming decline in Korean investment here. The companies, which also include Korea Electric Power Corp, Hanwha Energy and Hyundai Engineering & Construction, say unpredictable policy, lengthy approvals and murky rules for foreign investment are choking investment, despite keen appetite in areas such as hydrogen, batteries, carbon capture and critical minerals. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers that should be…...

9+ hour, 1+ min ago (224+ words) Victorian Opposition Leader Jess Wilson has appointed herself as shadow treasurer in a sign of how fiscal management will be central to the Coalition's agenda. Gift 5 articles to anyone you choose each month when you subscribe. New Victorian Liberal leader Jess Wilson has appointed herself as shadow treasurer in a frontbench reshuffle that extended an olive branch to the man she toppled, rewarded key allies and dumped a veteran shadow minister. Wilson will be the first leader in charge of the economic agenda since Steve Bracks briefly served as premier and treasurer after winning the 1999 election, in a sign of how fiscal management will be central to the Coalition's agenda leading up to the 2026 state election. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers…...

11+ hour, 21+ min ago (220+ words) Crowborough, about 90 minutes south of London, is a new frontline in the UK's bitter debate over asylum seekers illegally arriving by boat. Gift 5 articles to anyone you choose each month when you subscribe. In Crowborough, locals are justifiably proud of their most famous resident, the creator of Sherlock Holmes. A bronze statue of the writer, Sir Arthur Conan-Doyle, who lived in the town for the last 20 years of life, stands proudly in a square gazing out to the main intersection. But it's the English town's newest residents that are now drawing attention " and anger " over plans to house more than 500 asylum seekers in an army camp on its outskirts. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers that should be on your radar Max…...

12+ hour, 12+ min ago (212+ words) Jetstar has resumed flights for its Airbus 320 fleet after a global safety directive forced the carrier to ground much of its fleet on Saturday. Gift 5 articles to anyone you choose each month when you subscribe. Jetstar has resumed flights for its Airbus 320 fleet after a global safety directive forced the low-cost carrier to ground much of its fleet on Saturday. The airline's engineers worked through the night to fix a software glitch that caused widespread delays and cancellations worldwide. Jetstar and Air New Zealand customers were most affected in Australia, leaving thousands of passengers grounded at the start of the summer peak travel season. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers that should be on your radar Max Allen's top 20 drinks of the…...

12+ hour, 59+ min ago (213+ words) Data centres are ten times bigger and more power hungry than they used to be, and our ageing energy infrastructure cannot keep up. Gift 5 articles to anyone you choose each month when you subscribe. Australia's data centre boom has barely begun but it has already outgrown the energy grid. New data centres can no longer get easy access to the cheap and reliable power required for their vast computer, storage and cooling systems through the grid alone. Even if data-centre operators are willing to underwrite new renewable generation, access to electricity is a challenge for facilities that can consume as much power as a mid-sized city. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers that should be on your radar Max Allen's top 20 drinks…...

14+ hour, 18+ min ago (240+ words) Locked out of home ownership, young adults are turning to cryptocurrencies and NFTs, as they refuse to believe hard work brings reward. Gift 5 articles to anyone you choose each month when you subscribe. It has become a rite of passage for every new generation of young adults to be labelled lazy and irresponsible by their elders, but Gen Z has probably had it worse than most. Accusations range from not making an effort at work to splurging on luxuries and a "Yolo" (you only live once) attitude to risky investments like cryptocurrencies and NFTs. There are two important differences between Gen Z and those previous generations facing similar disdain. The first is that rather than pushing back on these characterisations, today's 20-somethings have tended to embrace them, leaning into neologisms such as "quiet quitting". Follow the topics, people and companies…...

16+ hour, 57+ min ago (228+ words) The Australian is in pole position for the Qatar F1 race after winning the sprint race, and cutting his deficit to Lando Norris from 24 points to 22. Gift 5 articles to anyone you choose each month when you subscribe. Oscar Piastri has kept his F1 drivers" title hopes alive with a near-perfect day at the Qatar Grand Prix, as he enjoyed an imperious pole-to-chequered-flag triumph in the sprint before powering to pole for the main race. In the process, the resurgent Australian did everything he could to pile the pressure on his McLaren teammate and championship leader Lando Norris, who will start Sunday"s race (Monday AEDT) second on the grid but with his lead now reduced to 22 points. Follow the topics, people and companies that matter to you. Some cities are built for holidays " but these are made for living 5 hidden-gem jewellers that…...