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Latest news: Australia

Official probe into CFMEU links rejected by premier

Official probe into CFMEU links rejected by premier

A state premier has defended her government's response to CFMEU corruption, saying it cracked down on the union as soon as it became aware of misconduct claims.

Energy seller: network costs key factor in power bills

Energy seller: network costs key factor in power bills

Energy seller: network costs key factor in power bills

Energy seller: network costs key factor in power bills

Origin Energy's bottom-line net profit for the half-year ended December 31 fell to $557 million, after revenue growth of nine per cent to $8 billion.

Challenger in hot seat as leadership showdown looms

Challenger in hot seat as leadership showdown looms

Challenger in hot seat as leadership showdown looms

Challenger in hot seat as leadership showdown looms

Sussan Ley is rapidly approaching what could be her last day as opposition leader, with Angus Taylor poised to take over the Liberal Party's top job.

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Shares in wealth manager plunge in earnings bloodbath

Shares in wealth manager plunge in earnings bloodbath

AMP shares have plummeted amid questions from analysts about why shareholders should watch their money being "torched" to fund the company's new digital bank.

Aussie shares pare early gains to fade from record

Aussie shares pare early gains to fade from record

Strong buying in big banks, mega miners and utilities giants has pushed the ASX to within 10 points of record highs, but smaller caps have been left wanting.

RBA urges more high-rise amid home-building constraints

RBA urges more high-rise amid home-building constraints

Builders are telling the Reserve Bank that it is 'very challenging' to get high-rise projects approved in NSW, but houses are at least becoming faster to build.

PM 'not contemplating failure' on closing the gap

PM 'not contemplating failure' on closing the gap

While just four of 19 targets were on track to being met, the prime minister says talk of failure must be guarded against in addressing Indigenous disparity.

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Aussies ditch copper for fibre to boost download speeds

Aussies ditch copper for fibre to boost download speeds

Aussies ditch copper for fibre to boost download speeds

Aussies ditch copper for fibre to boost download speeds

More Australians are upgrading their broadband connections, choosing faster plans and setting download records, NBN Co has revealed.

Anger, distress but $405m mesh implant payouts coming

Anger, distress but $405m mesh implant payouts coming

Anger, distress but $405m mesh implant payouts coming

Anger, distress but $405m mesh implant payouts coming

Exasperation over lengthy wait for women to be compensated for pelvic mesh implant injuries has led to promises that money will start flowing soon.

Families hope envoy finds Laos poisoning clarity

Families hope envoy finds Laos poisoning clarity

Families hope envoy finds Laos poisoning clarity

Families hope envoy finds Laos poisoning clarity

A seasoned diplomat has been sent to help find answers after a plea from devastated families almost two years following the overseas deaths of two teenagers.

ASX lifts earnings but transformation costs rising

ASX lifts earnings but transformation costs rising

ASX lifts earnings but transformation costs rising

ASX lifts earnings but transformation costs rising

Bourse operator ASX Ltd has grown its earnings and profits despite facing a barrage of headwinds, including regulator woes, outages and a hunt for a new leader.

Climate squeezing Australia's southern right whales

Climate squeezing Australia's southern right whales

Climate squeezing Australia's southern right whales

Climate squeezing Australia's southern right whales

Longer stints between southern right whale babies are sounding alarm bells for all species reliant on krill and a healthy Antarctic ecosystem.

Ticket to rideshare: disability groups call for change

Ticket to rideshare: disability groups call for change

Ticket to rideshare: disability groups call for change

Ticket to rideshare: disability groups call for change

Transport subsidy schemes around Australia need urgent reform to give people with disabilities greater choice and lower costs, a report has found.

Diamonds wrap up Comm Games prep with Jamaica drubbing

Diamonds wrap up Comm Games prep with Jamaica drubbing

Diamonds wrap up Comm Games prep with Jamaica drubbing

Diamonds wrap up Comm Games prep with Jamaica drubbing

Australia have smashed Jamaica by 47 goals to claim a clean sweep of their three-Test series in their last match before the Commonwealth Games.

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Liberal quits front bench for expected leadership tilt

Leadership aspirant Angus Taylor has resigned from Sussan Ley's front bench, paving the way for a likely showdown to head up the Liberal Party.

'A crime syndicate': fallout over shocking union report

A damning report has levelled extraordinary allegations a rogue union had effectively become a front for organised crime.

Muslims vow legal action after protest prayers clash

Police could face legal action after officers shoved and threw around a group of people attempting to pray at a protest.

Biotech giant's shares dive after CEO's shock departure

Shares in Australia's largest biopharmaceutical company have hit an eight-year low after the sudden retirement of its chief executive.

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'Stonking result': big bank basks in best day for years

Shares in Australia's biggest bank have soared to a three-month high after it beat earnings expectations with "a really clean set of numbers".

Putin must fail: Ukraine envoy defiant before milestone

Four years into Russia's full-scale invasion, Ukraine's ambassador is urging middle powers including Australia to publicly declare that "dictators cannot win".

ADF sexual abuse class action 'not a test of loyalty'

The chief of the Australian Defence Force has reaffirmed his support for serving women to join a class action alleging sexual abuse and harassment.

Aussie shares soar to three-month highs as miners fly

A banking rally has sent Australian shares to three-month highs, while the Australian dollar hit its own milestone by reaching its highest value in three years.

Israeli leader hails 'new beginning' in Australian ties

Israel's visiting president is pushing for stronger ties with Australia, declaring the strength of the relationship depends on more than the Gaza conflict.

BlueScope predator is comfortable about moving on

The Stokes family-controlled SGH says it has delivered a strong first-half result, and signalled its not for turning on its rejected BlueScope takeover bid.

Power giant welcomes data centre-driven price tailwinds

Australian energy giant AGL has beaten earnings expectations and lifted its forward guidance, with industrial and data centre demand expected to support prices.

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