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Latest news: Economy, Business and Finance

Rex misled with sky-high claims before $31.7m crash

Rex misled with sky-high claims before $31.7m crash

A cash-strapped carrier which boasted it would deliver profits before turning a large loss has had another setback with a judge finding it misled the market.

Aussie shares fall as gold drops to eight-month low

Aussie shares fall as gold drops to eight-month low

Aussie shares fall as gold drops to eight-month low

Aussie shares fall as gold drops to eight-month low

The main stock exchange index slipped 0.5 per cent, after gold stocks dropped sharply as the price of the metal fell to its lowest level since November.

Fuel pinch arrives sooner for some as discount halved

Fuel pinch arrives sooner for some as discount halved

Fuel pinch arrives sooner for some as discount halved

Fuel pinch arrives sooner for some as discount halved

Motorists feeling the cost crunch are encouraged to fill up tanks before the fuel excise discount is halved, with one cohort likely to feel its impact first.

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Rise of industry funds: shake-up ahead for Aussie super

Rise of industry funds: shake-up ahead for Aussie super

Consultation group Deloitte has published a report on the future of Australia's superannuation sector, predicting mergers and strong growth for industry funds.

Fried chicken fix spices up job creation, opening hours

Fried chicken fix spices up job creation, opening hours

Australia's KFC operator is close to finishing offloading its Taco Bell chain to focus on fried chicken, with the promise of more jobs for young people.

Amazon could pay viewers back for 'unfair' ad changes

Amazon could pay viewers back for 'unfair' ad changes

Amazon could be forced to repay Prime subscribers following a lawsuit brought by the consumer watchdog alleging it used unfair contract terms to introduce ads.

Crims on notice as money-laundering laws take effect

Crims on notice as money-laundering laws take effect

Workers will receive more tax cuts, small businesses are getting a leg up and laws targeting financial criminals take effect in the new financial year.

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'Stealth tax' hitting students on debt already paid

'Stealth tax' hitting students on debt already paid

'Stealth tax' hitting students on debt already paid

'Stealth tax' hitting students on debt already paid

A "sneaky student tax", broken funding model and day-to-day costs swelling faster than inflation have led to a costs-of-studying crisis, advocates say.

Super platforms warned, again, to protect client funds

Super platforms warned, again, to protect client funds

Super platforms warned, again, to protect client funds

Super platforms warned, again, to protect client funds

A regulator is on the warpath after a review of superannuation platform trustees came up short for the second time, potentially leaving clients exposed.

Pledge to fix 'widow's tax' on investment properties

Pledge to fix 'widow's tax' on investment properties

Pledge to fix 'widow's tax' on investment properties

Pledge to fix 'widow's tax' on investment properties

Concerns about how a tax hike on investments will impact couples in the event of death and divorce will be addressed, Labor says.

Home price data another window into tax change fallout

Home price data another window into tax change fallout

Home price data another window into tax change fallout

Home price data another window into tax change fallout

Property market data will soon be released after the Reserve Bank unveils a readout from its latest interest rate-setting board meeting.

Vanuatu PM to visit as major bilateral deal awaits

Vanuatu PM to visit as major bilateral deal awaits

Vanuatu PM to visit as major bilateral deal awaits

Vanuatu PM to visit as major bilateral deal awaits

Vanuatu's Prime Minister Jotham Napat will visit Canberra ahead of a $500 million partnership deal expected between the two countries.

Under-fire firm still has ethics, leadership contracts

Under-fire firm still has ethics, leadership contracts

Under-fire firm still has ethics, leadership contracts

Under-fire firm still has ethics, leadership contracts

Having been hauled over the coals by a parliamentary committee, KPMG is again facing scrutiny regarding its suitability to run government training programs.

Fortescue boss issues warning after harassment lawsuit

Fortescue boss issues warning after harassment lawsuit

Fortescue boss issues warning after harassment lawsuit

Fortescue boss issues warning after harassment lawsuit

Fortescue boss Andrew Forrest has sent a warning to employees in the wake of a lawsuit alleging widespread sexual harassment at the company's mining camps.

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Australian shares edge higher as precious metals bounce

The ASX200 has risen 0.2 per cent as precious metals and oil rebound from their recent weakness.

Treasurer responds after budget attack by ex-RBA head

Former Reserve Bank governor Phillip Lowe has described Labor's latest federal budget as a "redistribution agenda".

US online giant is challenging business goods suppliers

Orders on Amazon Business Australia rose 155 per cent in the second half of its launch year, and tens of thousands of businesses have registered.

Strong jobs figures clock on for future rate rise shift

More than 40,000 jobs have been added to Australia's economy to exceed expectations, but slowing growth could ease the Reserve Bank's inflation fears.

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Aussie shares fall as US dollar surges, oil retreats

The ASX200 fell 0.7 per cent as the US dollar rose to its highest level since May 2025 and gold hit an eight-month low.

Coalition blames tax reform for social cohesion decline

Measures to scrap negative gearing and pare back capital gains discounts have passed parliament despite strong resistance.

Lucky Bay mine not so lucky for mining group

Mining sector major Mineral Resources has some bad news for workers at the Lucky Bay mine, after taking over the operation in September.

Battery bonanza reshaping grid transition game plan

An updated road map for decarbonising the electricity system features a bigger role for batteries and solar, and a smaller but crucial contribution from wind.

Act now to take advantage of end-of-year super limits

For young low and middle-income Australians, a $1,000 superannuation top-up could boost their retirement by $40,000, according to figures from HESTA.

Councils back polluter-paid climate compensation fund

Funding community climate resilience and repairs via a fossil fuel company levy has been formally endorsed by local governments at an annual conference.

Alarm as deadly bird flu strain lands in second state

Several migratory birds have been confirmed to be carrying the deadly strain of H5N1 bird flu, with urgent testing of other suspected cases.

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