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Latest news: Economy

Businesses tip more job ads to dry up amid AI boom

Businesses tip more job ads to dry up amid AI boom

Artificial intelligence will reduce job vacancies almost everywhere, but its effect has so far been minimal across Australian businesses, data shows.

Hot topic: Aussies lose sleep and work to rising temps

Hot topic: Aussies lose sleep and work to rising temps

Hot topic: Aussies lose sleep and work to rising temps

Hot topic: Aussies lose sleep and work to rising temps

Global warming is affecting Australians' ability to sleep, exercise and work outdoors, costing the economy billions of dollars in lost productivity.

France mounts huge security operation for new protests

France mounts huge security operation for new protests

France mounts huge security operation for new protests

France mounts huge security operation for new protests

Tens of thousands of police are out in force before fresh protests across France, hoping to prevent a repeat of violent unrest that shocked the country.

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House prices plummet as Labor points to bigger picture

House prices plummet as Labor points to bigger picture

The government is urging home-owners to keep the faith as a house-price slump gains the hallmarks of an historic downturn.

Inflation below forecast but still hot in New Zealand

Inflation below forecast but still hot in New Zealand

Inflation at 3.7 per cent means all eyes are on the Reserve Bank, which meets next week, to see if it will raise rates a week out from New Zealand's election.

Bushfire bill blows out to $6b a year as climate warms

Bushfire bill blows out to $6b a year as climate warms

Researchers have put a figure on the growing toll of bushfires in Australia but say better preparation could prevent billions of dollars in losses.

Blockbuster trade deal on rocks as parties trade fire

Blockbuster trade deal on rocks as parties trade fire

Australia has been urged not to miss out on a potential windfall by letting a free trade deal with Europe fail, but it now faces stiffer opposition.

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'Underhanded': fears IR reform hits essential workers

'Underhanded': fears IR reform hits essential workers

'Underhanded': fears IR reform hits essential workers

'Underhanded': fears IR reform hits essential workers

Ambulance officers, hospital workers and public servants with psychological injuries could soon find it harder to claim workers' compensation.

'Pre-vetting' accusation as politicians grapple with AI

'Pre-vetting' accusation as politicians grapple with AI

'Pre-vetting' accusation as politicians grapple with AI

'Pre-vetting' accusation as politicians grapple with AI

Labor and the coalition stand accused of interfering with a bipartisan committee's recommendations from an independent inquiry into rapid technological changes.

Electric vehicles surge ahead as petrol car sales stall

Electric vehicles surge ahead as petrol car sales stall

Electric vehicles surge ahead as petrol car sales stall

Electric vehicles surge ahead as petrol car sales stall

Diesel and petrol-powered vehicle sales are slowing as figures show more Australians are getting behind electric and hybrid cars.

Home buyers are waiting to see where market lands: bank

Home buyers are waiting to see where market lands: bank

Home buyers are waiting to see where market lands: bank

Home buyers are waiting to see where market lands: bank

The head of Australia's largest customer-owned bank has noticed a slowdown in the housing market but says his institution is well-positioned to ride it out.

Nobel medicine prize goes to research of brain activity

Nobel medicine prize goes to research of brain activity

Nobel medicine prize goes to research of brain activity

Nobel medicine prize goes to research of brain activity

Karl Deisseroth, Peter ‌Hegemann and Georg Nagel ‌have won the Nobel Prize in ‌medicine for work the Nobel Assembly says has opened a new era in neuroscience.

Stores held at gunpoint for not bowing to dodgy tobacco

Stores held at gunpoint for not bowing to dodgy tobacco

Stores held at gunpoint for not bowing to dodgy tobacco

Stores held at gunpoint for not bowing to dodgy tobacco

The federal government insists a crackdown on tobacco crime is working, but those in the industry are desperate for an excise cut as underground trade thrives.

Iran receives US reply as Washington pulls out of Iraq

Iran receives US reply as Washington pulls out of Iraq

Iran receives US reply as Washington pulls out of Iraq

Iran receives US reply as Washington pulls out of Iraq

Iran has indicated it's received an official US response to Tehran's latest proposal to end the war, while its allies celebrate America's withdrawal from Iraq.

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RBA blushes spared: inflation rise vindicates rate hike

A November rate rise is still on the cards for the Reserve Bank, even after a slightly softer-than-expected underlying inflation outcome in August.

Tenfold surge in EV sales needed to meet climate goals

Australian drivers are buying electric vehicle sales in record numbers but even more will need to hit the road for the nation to meet its climate target.

Improved NZ budget as election campaign gets fiscal

National is claiming credit for an improved set of books as the New Zealand election as it seeks a second term at the November 7 poll.

Promise of 'light at end of the tunnel' for inflation

Labor is determined to inject optimism into Australia's gloomy consumers as another interest rate hike appears all but certain.

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End of the road as diesel drives truckies to the brink

Truck drivers across the country are urging the federal government to reinstate the fuel excise cut in the lead-up to Christmas, as diesel prices surge.

Glaring pay gap costing Indigenous Australians billions

Indigenous employees are losing billions of dollars a year because of a pay gap that a landmark study says is caused by systemic racism.

Aspiration, dislocation and isolation in tough times

The great Australian dream is still alive for many, but attaining it is proving hard, with many putting off or giving up on ever owning their own home.

Worsening fuel crisis prompts Bowen flight to Riyadh

Energy Minister Chris Bowen is off to Riyadh for talks on the Mideast crisis after a drone attack on a Saudi Arabian pipeline pushed up global oil prices.

EU backs Canada partnership in 'openly hostile world'

The EU's chief has opened the door to a special alliance with Canada as the bloc seeks new partnerships in the face of major headwinds at home and abroad.

Slashing fossil fuels is 'life and death' for Pacific

New gas and coal developments should not go ahead if the world is to stop climate change forcing Pacific islanders out of their homes.

Surprise downfall for rich state atop economic rankings

Queensland has emerged at the top of CommBank’s revamped State of the States report, despite the state's government copping a downgrade to its credit rating.

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