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Latest news: Australia

Zip shares zapped on earnings miss, rising bad debts

Zip shares zapped on earnings miss, rising bad debts

Consumers are increasingly tapping alternative credit, but a major provider has been punished on the stock market for not living up to growth expectations.

Kmart, Bunnings building as Officeworks stays deskbound

Kmart, Bunnings building as Officeworks stays deskbound

Kmart, Bunnings building as Officeworks stays deskbound

Kmart, Bunnings building as Officeworks stays deskbound

Kmart and Bunnings performed strongly in the first half of 2025/26, owner Wesfarmers says, but another of its well-known chains is lagging.

Bipartisan offer to block ISIS-linked families' return

Bipartisan offer to block ISIS-linked families' return

Bipartisan offer to block ISIS-linked families' return

Bipartisan offer to block ISIS-linked families' return

As the Australian government ponders what to do with 34 ISIS-linked women and children trying to return, the opposition has offered a bipartisan solution.

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Cheese giant hails culture as Bega hits four-year high

Cheese giant hails culture as Bega hits four-year high

Australian dairy giant Bega has posted a positive earnings result, buoyed by ongoing demand for its brands and operational transformation.

Insurer's 'failing' health system warning as costs soar

Insurer's 'failing' health system warning as costs soar

Health insurer Medibank Private has lifted its interim bottom-line net profit after the number of Australians taking out policies increased.

Labour pains for borrowers as jobs data hits rate hopes

Labour pains for borrowers as jobs data hits rate hopes

Economists fear two solid jobs readings could push the RBA to inflict more borrowing pain on Australian mortgage-holders.

Texts from China's alleged ‘spy thriller’ ring revealed

Texts from China's alleged ‘spy thriller’ ring revealed

Alleged messages between a Beijing security official and Chinese citizens in Australia reveal what police argue is a foreign interference plot.

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Farmers promised going green won't put them in the red

Farmers promised going green won't put them in the red

Farmers promised going green won't put them in the red

Farmers promised going green won't put them in the red

From running machinery off solar to growing climate-friendly hemp crops, technology is allowing farmers to embrace environmental solutions while making money.

Retirement question a quarter of Aussies can't answer

Retirement question a quarter of Aussies can't answer

Retirement question a quarter of Aussies can't answer

Retirement question a quarter of Aussies can't answer

Aussie workers risk losing tens of thousands of dollars in retirement savings after research revealed people's stark lack of engagement in their superannuation.

Popular car brand earns $24m debt under pollution rules

Some of the most popular car companies in Australia and a selection of luxury brands have failed to meet emissions targets in their first year of operation.

Cancelled Mardi Gras party reflects broader money woes

Cancelled Mardi Gras party reflects broader money woes

Cancelled Mardi Gras party reflects broader money woes

Cancelled Mardi Gras party reflects broader money woes

A decision by Mardi Gras organisers to cancel a key event has brought wider funding issues impacting many LGBTQI organisations into the spotlight.

Coalition wins 'reset' but first real test looms large

Coalition wins 'reset' but first real test looms large

Coalition wins 'reset' but first real test looms large

Coalition wins 'reset' but first real test looms large

Angus Taylor has waived a six-week suspension for the Nationals, signalling a fresh start for the coalition after two messy splits.

Dodgy online items in consumer watchdog's crosshairs

Dodgy online items in consumer watchdog's crosshairs

Dodgy online items in consumer watchdog's crosshairs

Dodgy online items in consumer watchdog's crosshairs

Forcing giant online marketplaces like Temu and Shein to protect consumers from unsafe products is one of this year's key focuses for the consumer watchdog.

Inflation does a job on wage growth, adds heat to rates

Inflation does a job on wage growth, adds heat to rates

Inflation does a job on wage growth, adds heat to rates

Inflation does a job on wage growth, adds heat to rates

Rising inflation has pushed real wages below the level of rising costs, which could have a big impact on the Reserve Bank's next decision on interest rates.

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Destructive hailstorms slash insurer firm's bottom line

Suncorp's first-half profit has dropped 76 per cent after the insurer paid $1.3 billion in natural hazard claims, mostly related to two thunderstorms.

Aussie shares clinch third session of gains, NAB soars

The washout in precious metals does not appear over, with gold miners still under pressure and dragging on the raw materials sector.

Suitors fire up steelmaker takeover with hotter offer

A takeover offer worth $2 billion more than a previous attempt to snare Australia's largest steelmaker is no certainty to be successful.

Push to outlaw spliced Russian 'blood oil' in Australia

Loopholes in Australia's sanctions regime against Russia are inadvertently propping up Russia's war in Ukraine as profits from spliced oil flow back to Moscow.

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Gas producer to cut jobs, review assets as profit falls

Australia's second-biggest gas producer will cut one in 10 jobs and weigh up its local gas portfolio after its full year profit fell for a third straight year.

'ISIS bride' member barred from return to Australia

One of the 34 partners and children of ISIS fighters in Syria has been barred from returning to Australia for up to two years.

'This has to stop': mayor calls on Hanson to visit area

The mayor of a suburb labelled unsafe by Pauline Hanson because of its Muslim population is calling on the controversial senator to visit the area.

Climate 'coming for our coffee' without farm adaptation

The world's "bean belt" is under pressure from extreme heat, drought and pests that are threatening to keep pushing coffee prices higher.

Private health insurance hike another blow for budgets

Under-pressure households will likely downgrade rather than ditch their private insurance after the health minister approved a big fee hike.

Major builder expects 'chronic undersupply' to continue

Pent-up demand has property group Mirvac optimistic about the outlook for residential housing despite the prospect of higher interest rates.

Coles got supplier rebates for discounted promotions

Its "down down" campaign enabled Coles to make higher profits as more product sold, depending on deals with suppliers, a senior executive says.

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