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Latest news: Economy

Home owners reap windfall as buyers warned on new units

Home owners reap windfall as buyers warned on new units

Home sellers notched a record profit in last three months of 2024 but not every property owner will be so lucky in the future, real estate researchers warn.

Trump signs a bill to avoid a government shutdown

Trump signs a bill to avoid a government shutdown

Trump signs a bill to avoid a government shutdown

Trump signs a bill to avoid a government shutdown

President Donald Trump has signed into law legislation funding the government through to the end of September.

Feds accept GST recommendation despite state pressure

Feds accept GST recommendation despite state pressure

Feds accept GST recommendation despite state pressure

Feds accept GST recommendation despite state pressure

A controversial GST carve-up will go ahead as a federal minister says his government will not overrule an independent body's recommended funding for states.

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Sunshine State dark as mining boom costs GST billions

Sunshine State dark as mining boom costs GST billions

One state has gone backwards in the latest recommended GST revenue carve-up with billions of dollars flowing to another as its population booms.

Energy bill jolt: price rises power up living cost pain

Energy bill jolt: price rises power up living cost pain

The threat of further energy bill increases of up to $200 annually following a regulator's decision has put the spotlight back on federal energy policy.

Leading economists call out coalition's inflation claim

Leading economists call out coalition's inflation claim

As the economy looks set to be front and centre in the election campaign, one of the coalition’s leading inflation claims has been called “a joke” by experts.

Cheaper but smarter: smartphones target budget buyers

Cheaper but smarter: smartphones target budget buyers

Three smartphone makers are launching cut-price versions of their flagship devices but experts say their biggest battle might be over AI features.

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New vehicle sales stuck in slow lane, even popular SUVs

New vehicle sales stuck in slow lane, even popular SUVs

New vehicle sales stuck in slow lane, even popular SUVs

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.

Most workers feel overwhelmed by AI but bosses want it

Most workers feel overwhelmed by AI but bosses want it

Most workers feel overwhelmed by AI but bosses want it

Most workers feel overwhelmed by AI but bosses want it

Four out of every five Aussie workers are overwhelmed by changes at work but most executives want to use artificial intelligence to create bigger transitions.

Shares slip as US tariffs take hold, trade war looms

Shares slip as US tariffs take hold, trade war looms

Shares slip as US tariffs take hold, trade war looms

Shares slip as US tariffs take hold, trade war looms

The Australian share market has closed lower as US tariffs on its biggest trading partners and plans to cut military aid to Ukraine generate uncertainty.

Amping up: $45m boost to get women into energy and tech

Amping up: $45m boost to get women into energy and tech

Amping up: $45m boost to get women into energy and tech

Amping up: $45m boost to get women into energy and tech

Women could help to close skills shortages in areas such as cybersecurity, clean energy and construction that pose a threat to Australia's progress.

Dodgy footy tickets spark legitimacy warning

Dodgy footy tickets spark legitimacy warning

Dodgy footy tickets spark legitimacy warning

Dodgy footy tickets spark legitimacy warning

Second guessing ticket sale websites, being alert for unusual payment requests and ignoring sales by social media should be the new normal for footy fans.

Careers, education casualties of domestic violence

Careers, education casualties of domestic violence

Careers, education casualties of domestic violence

Careers, education casualties of domestic violence

Domestic violence victims suffer a stark drop in education, employment and lifetime earnings, sparking a call for universities and workplaces to step up.

Household solar panels create a 'worry' for energy boss

Household solar panels create a 'worry' for energy boss

Household solar panels create a 'worry' for energy boss

Household solar panels create a 'worry' for energy boss

Australian households may face changes to the way rooftop solar is handled as electricity grids adapt to more renewable energy created during daylight hours.

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Why the next big AI advance will not just talk but walk

Humanoid robots that can help at home or work are becoming tech firms' next big investment following breakthroughs in artificial intelligence.

Diplomats discuss Ukraine war at G20 in South Africa

Foreign ministers from developing countries focused on global conflicts, including the Ukraine war, on the last day of a G20 meeting in South Africa.

Trump warns Zelenskiy to rush for peace or lose Ukraine

President Donald Trump has told "dictator" Volodymyr Zelenskiy to quickly negotiate an end to Russia's war on Ukraine as relations sour between the two leaders.

Australia must build out of crisis amid shocking data

Red tape must be ripped down to boost productivity in a bid to fix the nation's housing crisis, with shocking new data showing the slowing rate of construction.

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'Strong ally': Australia won't return fire on tariffs

The clock is ticking for Australia to secure an exemption to Donald Trump's steel tariffs after he accused leaders of breaking their word on an export deal.

Australia at the 'bottom of the class' on research

Australian businesses and governments are investing too little in vital research projects, a discussion paper has revealed.

The cost of broadband is rising, but so is its speed

Australians are paying more to access the internet but thousands more households are getting access to faster download speeds.

Workers fear use of AI in hiring and firing decisions

Artificial intelligence technology is already being used to monitor Aussie workers even though laws governing its use are not yet in place.

Trump says Musk will find billions in Pentagon waste

US President Donald Trump has flagged that his billionaire buddy Elon Musk will soon begin scrutinising the Pentagon for wasted taxpayer dollars.

Canada seeks stronger EU trade ties amid Trump threat

The Canadian trade minister will head to Australia next week after seeking stronger trade ties with the European Union.

Bird flu case detected in Victoria's north

There has been a bird flu outbreak at a poultry farm in Victoria, days after the federal government announced it had eradicated the disease from Australia.

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