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Latest news: Australia

Jenny Craig to cease trading, employees made redundant

Jenny Craig to cease trading, employees made redundant

Administrators have been unable to find a buyer for Jenny Craig's physical stores and employees of the Australian and New Zealand business.

Treasury 'sleeping at the wheel' on PwC tax scandal

Treasury 'sleeping at the wheel' on PwC tax scandal

Treasury 'sleeping at the wheel' on PwC tax scandal

Treasury 'sleeping at the wheel' on PwC tax scandal

A Senate committee is investigating the integrity of major consultancy firms after the leaking of confidential tax information shared with PwC.

Audit finds minister's meeting breached probity rules

Audit finds minister's meeting breached probity rules

Audit finds minister's meeting breached probity rules

Audit finds minister's meeting breached probity rules

The auditor-general has highlighted a breach of probity in a meeting attended by now-retired minister Stuart Robert, but a department begs to differ.

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Defence department mismanaging logistics worth $2.6b

Defence department mismanaging logistics worth $2.6b

An audit of the Defence department has criticised its management of items worth $2.6 billion, finding it couldn't demonstrate efficient or economic management.

Nearly $400 million for disaster ready fund projects

Nearly $400 million for disaster ready fund projects

Almost $400 million will be spent on the first part of projects for the government's new disaster ready fund.

Brookfield touts green cred in seeking $19b Origin deal

Brookfield touts green cred in seeking $19b Origin deal

A unit of investment giant Brookfield has reiterated its plans to invest up to $30 billion in Australian clean energy if it is allowed to buy Origin Energy.

Clothing industry put on notice over new waste levy

Clothing industry put on notice over new waste levy

Australia's fashion industry has been given an ultimatum: back a new voluntary levy to deal with the mountains of waste it produces or have one forced upon it.

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Inflation-beating pay rises can't be widespread: RBA

Inflation-beating pay rises can't be widespread: RBA

Inflation-beating pay rises can't be widespread: RBA

Inflation-beating pay rises can't be widespread: RBA

RBA governor Philip Lowe says the lowest-paid workers need to be insulated from high inflation but a surge in wages across the board could be a problem.

Treasurer heads to New Zealand for economic talks

Treasurer heads to New Zealand for economic talks

Treasurer heads to New Zealand for economic talks

Treasurer heads to New Zealand for economic talks

Treasurer Jim Chalmers is travelling to New Zealand to meet with key officials as the two countries mark 40 years of their trade pact.

Commonwealth Bank fined $3.5m for breaching spam laws

Commonwealth Bank fined $3.5m for breaching spam laws

Commonwealth Bank fined $3.5m for breaching spam laws

Commonwealth Bank fined $3.5m for breaching spam laws

The communications watchdog has imposed a record fine on the Commonwealth Bank for sending out millions of marketing emails that breached spam laws.

Indigenous communities put their hands up for justice

Indigenous communities put their hands up for justice

Indigenous communities put their hands up for justice

Indigenous communities put their hands up for justice

The federal government is moving forward on its commitment to fund justice reinvestment to help reduce the number of Indigenous people in jail.

Australia to scrap cheque payments within seven years

Australia to scrap cheque payments within seven years

Australia to scrap cheque payments within seven years

Australia to scrap cheque payments within seven years

Cheques are set to be replaced with digital payment alternatives under a new Commonwealth plan, but cash will remain a valid transaction option.

Man freed from Indonesian jail after drunken rampage

Man freed from Indonesian jail after drunken rampage

Man freed from Indonesian jail after drunken rampage

Man freed from Indonesian jail after drunken rampage

Bodhi Mani Risby-Jones is set to return to Australia after spending more than a month behind bars in Indonesia following an alleged drunken rampage.

Treasurer maintains growth view despite fresh rate hike

Treasurer maintains growth view despite fresh rate hike

Treasurer maintains growth view despite fresh rate hike

Treasurer maintains growth view despite fresh rate hike

A recession is still unlikely, the treasurer asserts despite fears the Reserve Bank's aggressive interest rate hikes could tip the economy over the edge.

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Australian shares drop further after RBA hikes rates

The local bourse has fallen 1.2 per cent, with every sector in the red except utilities after the Reserve Bank hiked interest rates once again.

First gas milestone for stage two Gorgon mega project

The Gorgon project operated by Chevron Australia off the north-west coast of Western Australia has produced its first gas from a five-year expansion project.

Bushfire, extreme heat warnings as El Nino looms large

Australia faces the growing likelihood of an El Nino event, bringing hotter and drier conditions, latest weather forecasts show.

New blow for home owners as interest rates rise again

The battle against inflation is not over yet as the Reserve Bank board hikes again and takes the cash rate to its highest level since April 2012.

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Race to renewables as households face power bill hikes

Plans are under way to cut emissions and reduce prices but some energy company heads say a lack of renewable supply and investment threatens to increase costs.

Drier conditions to drive down agricultural production

Winter crop production is expected to fall more than 30 per cent this year, the agency responsible for agricultural science and economic research warns.

Minister taken to court over 'mega' coalmine approvals

Activists are taking federal Environment Minister Tanya Plibersek to court for not accepting the climate risk of three proposed coalmine expansions.

Veterans' homelessness to cost billions if unaddressed

Veterans' homelessness could cost the Australian economy up to $4.6 billion in the next 30 years if left unaddressed, a new report has found.

'We have to act': Pacific worker scheme shift defended

Workplace Relations Minister Tony Burke says changes to the Pacific labour scheme will improve conditions for workers and prevent exploitation.

New workers' bargaining scheme gets first big test

Workplace laws allowing employees from rival businesses to team up during negotiations have come into effect and one group of workers is wasting no time.

Health grant program not pork-barrelling: Liberals

A Liberal frontbencher has defended a multibillion-dollar health and hospital grant program following a scathing audit report into the Morrison-era scheme.

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