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Latest news: Australia

Aussie dollar hits seven-month high as shares flatline

Aussie dollar hits seven-month high as shares flatline

The ASX200 has traded basically unchanged, while the Australian dollar rose to its highest level since November against its weakening US counterpart.

'Exploited' investors lose fortune, $300m fines mulled

'Exploited' investors lose fortune, $300m fines mulled

'Exploited' investors lose fortune, $300m fines mulled

'Exploited' investors lose fortune, $300m fines mulled

A brokerage that pushed risky investments onto vulnerable customers and profited from millions of dollars in losses has argued for an eight-figure fine in court

Avo production smashed, but still 20 for every Aussie

Avo production smashed, but still 20 for every Aussie

Avo production smashed, but still 20 for every Aussie

Avo production smashed, but still 20 for every Aussie

Millennials don't have to mourn the loss of their beloved smashed avo toast, with lower production of the fruit expected to be short-lived.

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Major sunscreen brands to defend greenwashing claim

Major sunscreen brands to defend greenwashing claim

Two popular sunscreen brands allegedly misled users for years, despite their owners knowing of the adverse environmental effects of their ingredients.

House prices creep higher as new building lags target

House prices creep higher as new building lags target

Falling interest rates and an ongoing housing shortfall are driving property prices higher, but affordability constraints will keep a lid on growth.

Islamic preacher’s ‘vile’ Jew sermons declared racist

Islamic preacher’s ‘vile’ Jew sermons declared racist

An Islamist preacher racially vilified Jews during controversial speeches when he described them as vile and treacherous, a judge has found.

Deliveries not impacted as freight pilots go on strike

Deliveries not impacted as freight pilots go on strike

Qantas has put contingency plans in place as freight pilots, responsible for delivering parcels, prepare to take industrial action over a wage offer dispute.

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Telco misdeeds sharpen case for Indigenous leadership

Telco misdeeds sharpen case for Indigenous leadership

Telco misdeeds sharpen case for Indigenous leadership

Telco misdeeds sharpen case for Indigenous leadership

Repeated misconduct by major telcos in selling to remote communities highlights the need to embed Indigenous leaders, a corporate adviser says.

PM talks up Australia-US ties as Trump pressure grows

PM talks up Australia-US ties as Trump pressure grows

PM talks up Australia-US ties as Trump pressure grows

PM talks up Australia-US ties as Trump pressure grows

The prime minister has played up Australia's importance to the US as speculation swirls over why he hasn't yet managed to get a face-to-face with the president.

Nest eggs on the boil as super guarantee cracks open

Nest eggs on the boil as super guarantee cracks open

Nest eggs on the boil as super guarantee cracks open

Nest eggs on the boil as super guarantee cracks open

Award wages, super contributions and energy bills are rising as a new financial year rings changes for households.

Tech giant's tips for Australia to catch the AI wave

Tech giant's tips for Australia to catch the AI wave

Tech giant's tips for Australia to catch the AI wave

Tech giant's tips for Australia to catch the AI wave

Industry darling OpenAI has released an economic blueprint for Australia to capitalise on AI as concerns are raised the tech could destroy entry-level jobs.

Red alert for furry friends on sweltering hot days

Red alert for furry friends on sweltering hot days

Red alert for furry friends on sweltering hot days

Red alert for furry friends on sweltering hot days

Risk of dog death climbs during heatwaves and skyrockets on public holidays and weekends, fresh analysis suggests.

Sport gender parity fails to kick goals in the regions

Sport gender parity fails to kick goals in the regions

Sport gender parity fails to kick goals in the regions

Sport gender parity fails to kick goals in the regions

Women and girls in regional Australia face multiple barriers to participating in sport despite efforts following national events to improve gender parity.

Outcome not timing the main game for Trump talks: PM

Outcome not timing the main game for Trump talks: PM

Outcome not timing the main game for Trump talks: PM

Outcome not timing the main game for Trump talks: PM

Work is still under way for Anthony Albanese to secure a meeting with Donald Trump as the prime minister stares down criticism it's taking too long.

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Australian shares enjoy best quarter since late 2020

The ASX200 climbed 0.3 per cent to finish the June quarter with an 8.9 per cent gain, its best quarterly performance since the fourth quarter of 2020.

Fa'alogo out, clubs hold breath after brutal NRL round

Melbourne winger Sua Fa'alogo will miss at least two months after tearing his hamstring, one of many high-profile NRL players injured during round 17.

Blowtorch on gas market as report pumps for investment

Regulations on how Australia's gas market is run will be placed under review as the federal government looks to shore up the domestic market.

China-Australia ties not zero-sum despite US volatility

Australia could diversify its relationships in response to the uncertainty of Donald Trump's second term, but that doesn't mean it will bolster ties with China.

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'Nepotism and cronyism': senior official found corrupt

A public servant who hid her familial relationship and helped her sister's fiance get a job in her department has earned the ire of a corruption watchdog.

Health insurer fined for rejecting partial procedures

A private health giant admits to knocking back thousands of claims it should have covered, lumping customers with huge hospital fees.

Stan Sport buys rights to air English Premier League

Streaming service Optus Sport will be turned off after Nine's Stan Sport bought out its rights to broadcast English Premier League and FA Cup content.

Telco TPG cops warning for triple-zero code breach

A telco that did not declare an outage to relevant parties has been given a warning as a watchdog cracks down on triple-zero code breaches.

Pay penalties to be saved as workers score wage win

Weekend penalty rates will be protected by the federal government as minimum wage workers are about to get a boost to their pay packets.

Retail spending tipped to stay soft as home prices soar

Housing prices are expected to climb ever higher, even as a predicted recovery in dwelling consents shines a ray of hope on Australia's supply ambitions.

Plea for end to Gaza conflict after Mideast ceasefire

A senior minister has called for peace in Gaza after a deal was reached between between Iran and Israel to cease military strikes.

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