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Latest news: Australia

Chips are down as Star posts huge loss, cashes in jobs

Chips are down as Star posts huge loss, cashes in jobs

Star Entertainment has written down the value of its three casinos by $1.4 billion as its new CEO plots a path to turn around the fortunes of the company.

Aussie shares rally to rebound from losing streak

Aussie shares rally to rebound from losing streak

Aussie shares rally to rebound from losing streak

Aussie shares rally to rebound from losing streak

The local stock exchange has finished about one per cent higher, with every sector except energy in the green as the rotation from banks to miners continued.

Treasurer's rare trade trip recipe for Chinese success

Treasurer's rare trade trip recipe for Chinese success

Treasurer's rare trade trip recipe for Chinese success

Treasurer's rare trade trip recipe for Chinese success

Jim Chalmers is using a two-day visit to China to boost trade ties, as the foreign minister moves to ease diplomatic tensions.

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Shopping around could help lower grocery prices for all

Shopping around could help lower grocery prices for all

Aldi shoppers are paying significantly less than Coles or Woolworths customers but the biggest savers could be those shopping across all three.

EToro to blast off with superannuation app Spaceship

EToro to blast off with superannuation app Spaceship

The Mike Cannon-Brookes backed Australian superannuation platform Spaceship has been acquired by eToro in a deal worth up to $80 million.

No clear winner for Australia in US poll: former envoy

No clear winner for Australia in US poll: former envoy

Australian businesses could be hurt no matter who wins the US presidency, with flagged economic policies aimed at China potential threats, a former envoy says.

More borrowers falling behind but better days are ahead

More borrowers falling behind but better days are ahead

Some households are doing it tougher due to high inflation and interest rates but conditions are about to improve, a Reserve Bank of Australia report says.

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No negative gearing reform on cards for election: PM

No negative gearing reform on cards for election: PM

No negative gearing reform on cards for election: PM

No negative gearing reform on cards for election: PM

The prime minister has hosed down suggestions Labor will take changes to negative gearing to the election, amid warnings it could hike up rents.

Australia backs Israel-Lebanon 21-day ceasefire plan

Australia backs Israel-Lebanon 21-day ceasefire plan

Australia backs Israel-Lebanon 21-day ceasefire plan

Australia backs Israel-Lebanon 21-day ceasefire plan

Australia has called on Israel and Lebanon to endorse a temporary ceasefire to allow a lasting peace to be negotiated as rocket attacks kill hundreds.

Energy giant fined $14 million for misleading prices

Energy giant fined $14 million for misleading prices

Energy giant fined $14 million for misleading prices

Energy giant fined $14 million for misleading prices

EnergyAustralia has been heavily fined for making false, misleading or deceptive statements that may have prevented consumers from getting the best deal.

Pain at the pump, Australians hit by fuel price hikes

Pain at the pump, Australians hit by fuel price hikes

Pain at the pump, Australians hit by fuel price hikes

Pain at the pump, Australians hit by fuel price hikes

Australians in major capital cities are being exposed to higher fuel prices for longer, new data shows.

Australia spearheads action against Taliban violations

Australia spearheads action against Taliban violations

Australia spearheads action against Taliban violations

Australia spearheads action against Taliban violations

The first step to formally put the Taliban on notice over grave violations against women has been issued ahead of more serious action in the world's top court.

Odds on to ban gambling ads before punters hit polls

Odds on to ban gambling ads before punters hit polls

Odds on to ban gambling ads before punters hit polls

Odds on to ban gambling ads before punters hit polls

Those calling for reform are wondering if Labor will roll the dice and attempt a crack down on gambling advertising with the federal election looming.

Million-dollar madness: record suburbs in seven figures

Million-dollar madness: record suburbs in seven figures

Million-dollar madness: record suburbs in seven figures

Million-dollar madness: record suburbs in seven figures

More suburbs than ever have median house or unit prices of more than $1 million, with economists predicting the number will continue to grow.

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Climate, koala alarm as coal mines cleared to dig more

The Albanese government has been condemned for green-lighting the expansion of three coal mines as operators describe the move as sensible.

Rebound fears as energy help flicks switch on inflation

Federal energy bill relief has led to a drop in monthly inflation figures, but there are warnings the measures only caused an artificial reduction.

Sydney man charged over stranding family in Pakistan

A Sydney man who allegedly left his wife and children stranded in Pakistan with no way to return to Australia has been charged with exit trafficking.

Smiggle demerger delayed to prioritise Myer deal

The planned demerger of Smiggle will take a back seat as owner Premier Investments considers selling brands including Jay Jays and Just Jeans to Myer.

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Advice on negative gearing 'not unusual': Treasurer

While the government has downplayed speculation it's contemplating changes to negative gearing, it's also not ruling it out.

Dollar hits 19-month high, miners gain as banks fall

The ASX200 dropped 0.2 per cent, while miners gained and the local currency hit its highest level in 19 months on China's aggressive stimulus measures.

Big states still truant in school funding stoush

Pressure is mounting on some of Australia's biggest states after Tasmania became the third jurisdiction to agree to the Commonwealth's school funding deal.

Lebanon 'can't become Gaza' as Australians told to exit

Australians in Lebanon have been told to leave immediately as Foreign Minister Penny Wong urges Israel and Hezbollah to stop a destructive cycle of attacks.

Australia brings vineyard diplomacy to India trade meet

Agriculture and dairy remain contentious issues as Australia and India negotiate a trade agreement, with both government's looking to milk more investment.

Call to unite as one generation's 'failure' felt by all

Dividing people by age will worsen outcomes for everyone and if Australia wants to address ageism, people both young and old must unite.

Australia-China ministers meet amid rocky trade impasse

Foreign Minister Penny Wong and Chinese counterpart Wang Yi have met to discuss remaining trade impediments and security concerns straining the relationship.

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