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Latest news: Economy, Business and Finance

Smiggle, Peter Alexander owner expects lower earnings

Smiggle, Peter Alexander owner expects lower earnings

Premier Investments shares sank after the owner of kids stationery seller Smiggle and Peter Alexander sleepwear retailer forecast lower-than-expected earnings.

'Giant Esky' indoor ski resort secures Chinese backing

'Giant Esky' indoor ski resort secures Chinese backing

'Giant Esky' indoor ski resort secures Chinese backing

'Giant Esky' indoor ski resort secures Chinese backing

A project to deliver the nation's only indoor snow resort is about to begin its long journey to completion, after winning a Chinese backer.

Splurging shoppers push economy over speed limit

Splurging shoppers push economy over speed limit

Splurging shoppers push economy over speed limit

Splurging shoppers push economy over speed limit

The sharpest rise in household spending in 21 months suggests the economy is continuing to grow in strength, heightening Reserve Bank fears about inflation.

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Mistiming energy transition could prove a costly lesson

Mistiming energy transition could prove a costly lesson

Renewables are anticipated to keep a lid on electricity prices over the next five years but a speedier transition is needed to keep bills lower in the 2030s.

Cyclone-hit coastal town blows away house value gains

Cyclone-hit coastal town blows away house value gains

The housing market strongly rebounded in 2025 as interest rate cuts, easing inflation and limited supply fired up competition, the latest property data shows.

Australian economy builds as investment roars back

Australian economy builds as investment roars back

Australia's economic growth rate came in below market expectations, but a strong domestic pulse shows the economy is in good shape.

Chinese economic slowdown at top of RBA's mind

Chinese economic slowdown at top of RBA's mind

Slowing Chinese economic growth and persistently high inflation are "top of mind" for the Reserve Bank of Australia.

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KFC chain upsizes sales but consumers wait in the wings

KFC chain upsizes sales but consumers wait in the wings

KFC chain upsizes sales but consumers wait in the wings

KFC chain upsizes sales but consumers wait in the wings

The company running nearly 300 KFC restaurants across Australia says it is focused on providing value to consumers who are still concerned about living costs.

Regional bank warns 'we are living in a time of change'

Regional bank warns 'we are living in a time of change'

Regional bank warns 'we are living in a time of change'

Regional bank warns 'we are living in a time of change'

A bank board has faced shareholder questions about its decision to bring in a technology solutions partner, amid widespread change in the finance sector.

Duplexes could be key to solving housing crisis

Duplexes could be key to solving housing crisis

Duplexes could be key to solving housing crisis

Duplexes could be key to solving housing crisis

Developing just a fraction of single-occupancy homes in Australian cities into duplexes would be enough to eliminate the nation's housing shortfall.

Skates on to ensure secure exit of major coal plant

Skates on to ensure secure exit of major coal plant

Skates on to ensure secure exit of major coal plant

Skates on to ensure secure exit of major coal plant

The risk of power blackouts remain if necessary security infrastructure can't be sped up to come online in time for a major coal generator to shutter.

'Aussie success story': epilepsy device company lists

'Aussie success story': epilepsy device company lists

'Aussie success story': epilepsy device company lists

'Aussie success story': epilepsy device company lists

Melbourne-based Epiminder plans to use the funds from its initial public offering to commercialise a device it says could transform epilepsy care.

IGA supplier losing tobacco sales to black market

IGA supplier losing tobacco sales to black market

IGA supplier losing tobacco sales to black market

IGA supplier losing tobacco sales to black market

IGA supplier Metcash has delivered a $142.2 million first-half net profit, up 0.3 per cent from a year ago, and reported tobacco sales dropped by 35 per cent.

Crackdown nears on 'dark patterns' exploiting consumers

Crackdown nears on 'dark patterns' exploiting consumers

Crackdown nears on 'dark patterns' exploiting consumers

Crackdown nears on 'dark patterns' exploiting consumers

The government has revealed a timeline for new protections to shield consumers from dodgy business practices.

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Homebuyers at square one as price hikes eat rate cuts

A slowdown in the bellwether housing markets of Sydney and Melbourne suggests that sentiment is starting to sour as hopes of more interest rate cuts dissipate.

Anger over deadly HK blaze as Beijing issues warning

Anger is growing over the fire that tore through seven high-rise blocks in Hong Kong, amid calls for accountability as China warns against disrupting the city.

Diplomatic efforts to end Ukraine war gain momentum

US officials are meeting with their Ukrainian counterparts for more talks on the Trump administration's peace plan as Russian airstrikes continue unabated.

Slight rise tipped for September GDP figures

Economic growth and household spending data will be released to form the final picture for the Reserve Bank before its last meeting for 2025.

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Liberals go back to basics after crawling to year's end

The Liberals are attempting to win back the title of "responsible economic managers" and turn over a new leaf after a tumultuous parliamentary year.

How worker housing woes can be a win for energy zones

The renewable-energy transition requires workers - lots of them - and homes for them to live in, posing challenges for housing-constrained host communities.

Grins as environment laws pass in 'win for the country'

An overhaul of environmental laws has cleared parliament, with the prime minister toasting the reforms despite the coalition branding them "economy wrecking".

Australia needs faster cuts to hit key climate goals

The pace of emissions reductions must double to meet Australia's climate emissions targets, with a rapid and unhindered clean energy transition key to success.

'Very positive news': ray of light post inflation shock

Equipment investment in Australia's IT sector almost doubled in three months amid a surge in data centre projects, which could help revive productivity growth.

Retirement home operator finally cashflow positive

Christchurch-based Ryman Healthcare's business has stabilised, the dual-listed retirement village operator's chief executive says.

Reeves raises UK tax burden to post-war high in budget

The United Kingdom's fiscal watchdog has apologised after it published its budget forecasts before finance minister Rachel Reeves delivered them in parliament.

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