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Latest news: Australia

ASX plumbs new low for the year in third straight fall

ASX plumbs new low for the year in third straight fall

Australian shares have continued their downward trajectory as US protectionism escalates global tensions and drives market uncertainty.

Rich getting richer: wealth divide hits record high

Rich getting richer: wealth divide hits record high

Rich getting richer: wealth divide hits record high

Rich getting richer: wealth divide hits record high

Australia's wealth divide reached its worst level in more than two decades, after excluding a temporary narrowing during the COVID-19 pandemic.

'No safe space': racist incidents called out in report

'No safe space': racist incidents called out in report

'No safe space': racist incidents called out in report

'No safe space': racist incidents called out in report

Instances of racism are most commonly occurring online, according to a report, but its authors say there's 'no safe space' to avoid abuse.

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'Systemic' barriers to reporting sexual violence

'Systemic' barriers to reporting sexual violence

A landmark review into how the criminal justice system manages sexual violence has been released, with extra funding given to help support victim-survivors.

Tariff fickleness sparks call for business to diversify

Tariff fickleness sparks call for business to diversify

Australia is still pushing for an exemption to US tariffs but businesses are waking up to the possibility they may need to be flexible to mitigate their impact.

PM pushes for fixed terms amid election date talk

PM pushes for fixed terms amid election date talk

Questions about the timing of the federal election, as cyclone Alfred looms, have prompted the prime minister to reignite his push for fixed poll dates.

Home approvals rise as Australia's economy turns corner

Home approvals rise as Australia's economy turns corner

Promising housing data and a return to growth in real household incomes augur well for the Australian economy in 2025.

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Insurers urged to move quickly on Cyclone Alfred claims

Insurers urged to move quickly on Cyclone Alfred claims

Insurers urged to move quickly on Cyclone Alfred claims

Insurers urged to move quickly on Cyclone Alfred claims

Billions in damage and a flurry of insurance claims are expected to follow Cyclone Alfred, and Treasurer Jim Chalmers is confident the industry is prepared.

Green fuel cash injection prepares market for take-off

Green fuel cash injection prepares market for take-off

Green fuel cash injection prepares market for take-off

Green fuel cash injection prepares market for take-off

A $250 million investment in sustainable fuels could tell the rest of the world that Australia is ready to turn its farm waste into flights.

'No excuse': Telstra fined over millions of spam texts

'No excuse': Telstra fined over millions of spam texts

'No excuse': Telstra fined over millions of spam texts

'No excuse': Telstra fined over millions of spam texts

Australians were bombarded with millions of spam texts from a major telco that didn't allow them to unsubscribe without providing personal information.

Medications out of reach for women as living costs bite

Medications out of reach for women as living costs bite

Medications out of reach for women as living costs bite

Medications out of reach for women as living costs bite

Pharmacists want prescription co-payments reduced, pointing to research showing women more likely to be unable to afford medication for them and their families.

Hi-tech hub to boost combat defences for volatile times

Hi-tech hub to boost combat defences for volatile times

Hi-tech hub to boost combat defences for volatile times

Hi-tech hub to boost combat defences for volatile times

A collaboration centre for hi-tech combat systems will help Australia defend itself amid global volatility the new facility's operator warns is a certainty.

Green iron investment could reinforce Aussie economy

Green iron investment could reinforce Aussie economy

Green iron investment could reinforce Aussie economy

Green iron investment could reinforce Aussie economy

Australia could reap the benefits of a market worth up to almost $300 billion, and cut emissions, if it takes the right steps toward a green iron industry.

Homemade firearm surge threatens Australian gun control

Homemade firearm surge threatens Australian gun control

Homemade firearm surge threatens Australian gun control

Homemade firearm surge threatens Australian gun control

From interstate trafficking rings to 3D blueprints available on the internet, police warn technological advances pose a serious threat to gun control.

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Aussie firms aim to be in firing line of AUKUS deals

Australian industry will get a helping hand to break into US and UK supply chains in a bid to prevent local businesses missing out on lucrative contracts.

Australian shares slide again as trade war ramps up

A trade war between the US and its three biggest trading partners is set to expand, sending jitters through markets as impacts and tit-for-tat paybacks unfold.

Coalition backs away from insurers break-up pledge

Peter Dutton's plan to pursue laws to break up insurance companies who rip off costumers has been knocked on the head by his shadow treasurer.

Green shoots for economy as Australia snaps dire record

Australia has accelerated out of an economic slump after expanding by 1.3 per cent in 2024, leading to a rise in per capita growth - a proxy for prosperity.

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Terror threat up as anti-Semitism, Islamophobia surge

Australia's terrorism threat has increased according to a global ranking index, making the nation one-of-seven Western countries most at risk of attack.

Brother of Olympian 'Raygun' in court over scam charge

The financial regulator has accused Brendan Gunn, brother of Olympic breakdancer Rachael "Raygun" Gunn, of allegedly dealing with the proceeds of crime.

PM scraps WA visit due to cyclone, plays down poll date

Anthony Albanese has called off a trip to WA ahead of the state election because of the looming threat Tropical Cyclone Alfred poses to Queensland and NSW.

New vehicle sales stuck in slow lane, even popular SUVs

Hybrids are among few vehicles to withstand a continuing slowdown in new vehicles sales, with one model racing into the top ten.

Wilkinson drags Higgins Logies speech back to spotlight

Veteran broadcaster Lisa Wilkinson is challenging a finding that she acted improperly when making a trial-delaying speech about Brittany Higgins' alleged rape.

US sending 'tectonic changes' over security commitments

If the US pulls all support for Ukraine, it could send a dangerous signal about its commitment to security in the Pacific, the Ukrainian ambassador says.

RBA deputy denies rate cut contradicted own forecasts

The Reserve Bank board did not disagree with its own staff over its inflation forecast as some commentators have suggested, deputy governor Andrew Hauser says.

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