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Latest news: Australia

Qantas soars to $2.5b profit, plans share buyback

Qantas soars to $2.5b profit, plans share buyback

Qantas has posted its first full-year profit after incurring $7 billion in losses during the pandemic, and has ordered two dozen new Boeing and Airbus aircraft.

Woodside offshore strike threat ends, Chevron pending

Woodside offshore strike threat ends, Chevron pending

Woodside offshore strike threat ends, Chevron pending

Woodside offshore strike threat ends, Chevron pending

Woodside Energy has agreed to a deal with workers on offshore gas platforms but the threat of stoppages still hangs over Chevron off the northwest coast.

Bombers hit for six, Blues load up on star power

Bombers hit for six, Blues load up on star power

Bombers hit for six, Blues load up on star power

Bombers hit for six, Blues load up on star power

Essendon have lost stars Jake Stringer and Peter Wright among six injuries ahead of their clash with minor-premiership chasing Collingwood at the MCG.

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Aust shares climb for third day as sentiment rebounds

Aust shares climb for third day as sentiment rebounds

The ASX has finished up 0.5 per cent, with more strong gains for tech stocks after Nvidia posted a "jaw-dropping" earnings beat.

Ticked-off Dutton seeks referendum vote method clarity

Ticked-off Dutton seeks referendum vote method clarity

The federal opposition has taken issue with the electoral commissioner suggesting a tick could be a valid referendum vote.

Mother tells of angst on rental home merry-go-round

Mother tells of angst on rental home merry-go-round

A renter has told senators how she had to move home five times in recent years amid warnings the housing crisis could impact future generations.

Ageing population, climate to change face of economy

Ageing population, climate to change face of economy

Australians 40 years from now will live longer and have fewer children while the country's economy becomes greener, a landmark reports shows.

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Australia Council exits as new arts body gets creative

Australia Council exits as new arts body gets creative

Australia Council exits as new arts body gets creative

Australia Council exits as new arts body gets creative

The government's new arts funding body, Creative Australia, has replaced the Australia Council, which has been handling the arts sector for almost 50 years.

Andrews, Plibersek silent on Vic Murray-Darling snub

Andrews, Plibersek silent on Vic Murray-Darling snub

Andrews, Plibersek silent on Vic Murray-Darling snub

Andrews, Plibersek silent on Vic Murray-Darling snub

Victoria's refusal to sign up to the new Murray-Darling Basin plan has set the scene for an awkward joint press conference between two Labor governments.

Calls for return of baby bonus quickly put to bed

Calls for return of baby bonus quickly put to bed

Calls for return of baby bonus quickly put to bed

Calls for return of baby bonus quickly put to bed

Paying women to have babies to help increase Australia's falling birth rate will not be making a comeback, the federal treasurer says.

Ardent settles shareholder suit over Dreamworld tragedy

Ardent settles shareholder suit over Dreamworld tragedy

Ardent settles shareholder suit over Dreamworld tragedy

Ardent settles shareholder suit over Dreamworld tragedy

Dreamworld's parent company has settled a shareholder lawsuit that claimed losses following the deadly accident at the Gold Coast theme park in 2016.

Climate and technology key challenges for regions

Climate and technology key challenges for regions

Climate and technology key challenges for regions

Climate and technology key challenges for regions

Regional and rural Australians risk being left behind as the technological revolution takes place and climate change impacts sectors such as agriculture.

Company profits raise concerns over living costs

Company profits raise concerns over living costs

Company profits raise concerns over living costs

Company profits raise concerns over living costs

Hefty profits reported this week by a trio of major Australian companies, including Qantas, are feeding into public debate about the rising cost of living.

Federal budget deficits expected well into the future

Federal budget deficits expected well into the future

Federal budget deficits expected well into the future

Federal budget deficits expected well into the future

The Intergenerational Report shows the federal budget bottom line will soon slip into deficit and is set to remain there for decades to come.

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Nine cops 38 per cent profit hit as ad revenue slips

Profits at media company Nine Entertainment have dropped after a record result the year prior as the industry battles declining ad revenue and the threat of AI.

Older Australia offers chance to 'turn grey into gold'

Australia's population is ageing, but this could present a golden opportunity to bolster the care sector, the government's Intergenerational Report reveals.

Defence spending to stabilise amid regional tension

As the Indo-Pacific faces a massive military build-up, Australia will raise its defence spending level but keep it stable beyond the next decade.

Australian workforce to change shape in coming decades

The Intergenerational Report shows a number of major shifts in the Australian workforce as the country's population ages and its economy changes.

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Refugees face racism in Australia's tight rental market

Refugees are regularly being discriminated against in a tight rental market, with national vacancy rates at an all-time low, a study has found.

Consumers should expect lower grocery prices: minister

Federal finance minister Katy Gallagher says she expects Australia's major supermarkets will lower their prices as inflation starts to moderate.

Dedicated whistleblower legal service goes live

A new legal service will provide direct support for whistleblowers as the man who revealed alleged war crimes faces criminal prosecution this year.

Vision for Australia to become renewable powerhouse

Australia needs a massive investment in zero emissions infrastructure this decade to become a renewable energy superpower or else get left behind.

Warming slows switch between wet and dry in Australia

Greenhouse gas emissions are affecting an air current that determines how much rain and heat Australia gets, and it could mean longer droughts and floods.

Growth to soar in Australia's critical minerals sector

Massive growth in a key sector is set to benefit Australia, with global demand for critical minerals to soar as the world strives to meet climate targets.

Pocock calls out 'disingenuous' debate on the voice

Independent Senator David Pocock says politicians need to raise the tone of debate about the Indigenous voice to parliament.

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