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Latest news: Australia

Investor tax-break cuts no 'silver bullet' for housing

Investor tax-break cuts no 'silver bullet' for housing

Winding back the capital gains tax discount could reduce property prices by about four per cent, compared to what they would be under a no-change scenario.

High-power pit stop: quantum batteries could rev up EVs

High-power pit stop: quantum batteries could rev up EVs

High-power pit stop: quantum batteries could rev up EVs

High-power pit stop: quantum batteries could rev up EVs

The next generation of batteries could power up electric cars within minutes and Australian researchers have developed a world-first proof-of-concept.

Aussies to build GPS alternative for self-driving cars

Aussies to build GPS alternative for self-driving cars

Aussies to build GPS alternative for self-driving cars

Aussies to build GPS alternative for self-driving cars

Cars, rockets and mining vehicles could drive themselves even when the global positioning system goes dark if a Sydney company succeeds in its mission.

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Renewable energy project may help blow down power bills

Renewable energy project may help blow down power bills

The savings from a new type of energy project could slash electricity bills for households in Victoria, NSW and Queensland, and consume less farming land.

Up there Queen Mary: royal kicks goals in MCG debut

Up there Queen Mary: royal kicks goals in MCG debut

Denmark's Queen Mary has lived out the dream of many Australians, booting a goal at the MCG as she met AFL players during a return to her home nation.

Collateral damage: war threatens to blow up inflation

Collateral damage: war threatens to blow up inflation

Domestic pressures were behind the Reserve Bank's decision to hike interest rates, governor Michele Bullock says, although the Iran war will worsen inflation.

Medicinal cannabis concerns half-baked, advocates say

Medicinal cannabis concerns half-baked, advocates say

An analysis has found no evidence medicinal cannabis is effective for treating many illnesses but advocates say more data is needed to make a definitive call.

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Fuel ration push parked as crisis talks target pricing

Fuel ration push parked as crisis talks target pricing

Fuel ration push parked as crisis talks target pricing

Fuel ration push parked as crisis talks target pricing

Ministers say they're focused on getting more petrol into the market in response to the Iran war, rather than limiting how much motorists can buy.

Tax discount 'skewing' property market to investors

Tax discount 'skewing' property market to investors

Tax discount 'skewing' property market to investors

Tax discount 'skewing' property market to investors

A parliamentary report has found significant tax discounts on capital gains have tipped the scales in favour of investors compared to owner-occupiers

Australia, NZ boost military co-operation over decade

Australia, NZ boost military co-operation over decade

Australia, NZ boost military co-operation over decade

Australia, NZ boost military co-operation over decade

Defence and foreign ministers from Australia and New Zealand have outlined a decade-long military plan as both nations lauded the strong relationship.

Radio silence for Sandilands as contract deadline looms

Radio silence for Sandilands as contract deadline looms

Radio silence for Sandilands as contract deadline looms

Radio silence for Sandilands as contract deadline looms

Embattled radio host Kyle Sandilands says he expects his employer to honour his multimillion-dollar contract as he waits to hear whether he will be fired.

Australian stock market gains after split rate decision

Australian stock market gains after split rate decision

Australian stock market gains after split rate decision

Australian stock market gains after split rate decision

The Australian Securities Exchange finished 0.3 per cent higher and the local currency hit a five-day high after the Reserve Bank raised interest rates.

China spy asset complained to Penny Wong about raid

China spy asset complained to Penny Wong about raid

China spy asset complained to Penny Wong about raid

China spy asset complained to Penny Wong about raid

A businessman who worked with two suspected Chinese spies told Foreign Minister Penny Wong that domestic intelligence agents crossed a line by raiding his home

Coal miner reaps price rise from Middle East conflict

Coal miner reaps price rise from Middle East conflict

Coal miner reaps price rise from Middle East conflict

Coal miner reaps price rise from Middle East conflict

Coalminer New Hope is experiencing a price lift for the black mineral from the war in the Middle East, after posting a sharp fall in interim profit.

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Sending Australian navy to Middle East not a priority

The closure of one of the world's most important oil corridors continues to wreak economic havoc but Australia's navy is unlikely to join efforts to reopen it.

Navigational sounders off during icebreaker's grounding

Details of a grounding at a remote island involving Australia's flagship Antarctic research vessel have been released by the transport safety investigator.

Australia and EU on the brink of a free trade deal

European Commission President Ursula von der Leyen might travel to Australia within the week to sign a long-awaited free trade deal with Australia.

Remaining Iranian soccer players join A-League training

Two remaining Iranian soccer players have trained with a local club after five others who initially also sought asylum in Australia reversed their decision.

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Bold reforms urged to boost flagging Aussie innovation

Tax changes, more grants, and targeted training are among the recommendations of a sweeping review of Australia's research and development industry.

Aussie drivers divided over petrol vs electric future

Many Australian motorists plan to park an electric or hybrid vehicle in their garage in future but one policy change could alter their path.

AI could devalue your degree, federal government warns

AI could make soft skills like judgment more important for workers than traditional university degrees, assistant minister Andrew Leigh will say in a speech.

Universities called out for improper use of gag clauses

The student watchdog is pushing to end overly strict confidentiality clauses when complaints are made, with almost half of universities applying gag orders.

Summer climate 'whiplash' hitting harder and faster

Australia is seesawing between floods and fires with increasing frequency, leaving a trail of ecosystem stress, property damage and strained council budgets.

'Hand in hand': Danish royals talk up Australia ties

Anthony Albanese has hailed Australia's "great affection" for the Danish royal couple while hosting them ahead of Queen Mary's return to her home town.

Label unhealthy foods, weight drug boss tells Australia

Workplace health checks, clearer labels on unhealthy foods and better education would help Australia reduce high rates of obesity, a drug company chief says.

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