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Latest news: Economy, Business and Finance

Cheaper goods to flow under 'hard yakka' EU trade deal

Cheaper goods to flow under 'hard yakka' EU trade deal

Australia and Europe will go on a tariff-slashing blitz, inking a historic trade deal after almost a decade of sometimes-intractable negotiations.

Myer clicks into gear with a huge e-commerce expansion

Myer clicks into gear with a huge e-commerce expansion

Myer clicks into gear with a huge e-commerce expansion

Myer clicks into gear with a huge e-commerce expansion

Myer will be able to sell thousands of new products and expand into different ranges once its new e-commerce marketplace launches in May.

Gas, property lobbies fire up over proposed tax reform

Gas, property lobbies fire up over proposed tax reform

Gas, property lobbies fire up over proposed tax reform

Gas, property lobbies fire up over proposed tax reform

More than three in five Australians want the government to slug gas companies with a 25 per cent export tax, as prices soar due to the war in the Middle East.

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Relief for rideshare drivers amid fare price increases

Relief for rideshare drivers amid fare price increases

A fuel relief program will give rideshare drivers some cash support, even as other rideshare giants start passing higher fares onto customers.

EU leader touches down as PM hopes to land trade deal

EU leader touches down as PM hopes to land trade deal

The president of the European Commission has begun her three-day visit to Australia, as a long-awaited free-trade deal with the bloc appears set to be resolved.

More drama for troubled smelter, risking 200 jobs

More drama for troubled smelter, risking 200 jobs

Hundreds of workers at the nation's only manganese alloy smelter have been thrown another curve ball with the appointment of administrators.

No welcome mat for thirsty, energy-hungry data centres

No welcome mat for thirsty, energy-hungry data centres

Priority treatment will be afforded to water- and energy-conscious data centres, though some critics want stricter rules on technology companies.

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Cuba restores power to Havana after grid collapse

Cuba restores power to Havana after grid collapse

Cuba restores power to Havana after grid collapse

Cuba restores power to Havana after grid collapse

Cuba has begun restoring power in the capital Havana after the third major grid collapse this month that left 10 million people in the dark.

Growing obesity crisis tanking Aussie productivity

Growing obesity crisis tanking Aussie productivity

Growing obesity crisis tanking Aussie productivity

Growing obesity crisis tanking Aussie productivity

An all-of-the-above strategy is needed to head off Australia's worsening obesity problem, bipartisan research finds.

Killing off gas low-hanging fruit for climate goals

Killing off gas low-hanging fruit for climate goals

Killing off gas low-hanging fruit for climate goals

Killing off gas low-hanging fruit for climate goals

An economy-wide gas reduction target has been billed as an easy pathway to cut emissions and improve energy security in NSW.

New Ukraine-Russia POW exchange possible: Zelenskiy

New Ukraine-Russia POW exchange possible: Zelenskiy

New Ukraine-Russia POW exchange possible: Zelenskiy

New Ukraine-Russia POW exchange possible: Zelenskiy

Ukrainian President ‌Volodymyr Zelenskiy is optimistic about further prisoner of war swaps between his country and Russia after talks with the US concluded.

How war in Iran helps an Aussie farming breakthrough

How war in Iran helps an Aussie farming breakthrough

How war in Iran helps an Aussie farming breakthrough

How war in Iran helps an Aussie farming breakthrough

The conflict in Iran has sent shock waves through global energy markets and Australia's food and farming sector is more exposed than most realise.

Free midday power just the start for energy equity

Free midday power just the start for energy equity

Free midday power just the start for energy equity

Free midday power just the start for energy equity

Zero-cost daytime energy is about capitalising on Australia's solar success story but more could be done to ensure renters and apartment occupants benefit.

Iran hits Kuwaiti oil refinery, blasts boom over Tehran

Iran hits Kuwaiti oil refinery, blasts boom over Tehran

Iran hits Kuwaiti oil refinery, blasts boom over Tehran

Iran hits Kuwaiti oil refinery, blasts boom over Tehran

Israel and Iran have launched fresh attacks on each other, a ‌day after Tehran struck an Israeli oil refinery.

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Mining state's tax rebate watered down under new plan

After years of furious attempts to end a sweetheart Morrison-era deal, eastern states appear to have gained ground in reducing WA's GST windfall.

Labor considers windfall gas tax amid Iran price spike

A new tax on extraordinary gas profits caused by the Middle East conflict could raise an extra $27 billion per year for the federal budget, advocates say.

Three more rate hikes tipped as prices begin to rise

Construction contractors are already hiking prices due to rising fuel costs, in a sign the US-Israeli war in Iran is contributing to economy-wide inflation.

Smiggle sets its sights and range on primary target

Smiggle will cut product ranges aimed at children younger than six and re-establish its identity as the back-to-school brand of choice for kids aged six to 12.

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Trump calls for Japan, NATO to 'step up' on Iran

Donald Trump has defended the secrecy of the US campaign in Iran by invoking Japan's attack on Pearl Harbour during a meeting with the Japanese prime minister.

Treasurer softens up voters for 'hard decisions' on tax

The government will warn of a hit to economic growth and Australia's productivity performance in the upcoming budget, raising the stakes for ambitious reform.

Power bill relief on the cards as wholesale prices fall

Power bill saving of up to $200 can be anticipated for some customers next financial year under proposed safety net prices.

'Over-prepared': PM's pledge on growing fuel crisis

Australia will have a single point of contact co-ordinating fuel supplies and issues that might arise due to the Iran war, with further measures expected.

Spike in jobless rate unlikely to end RBA hiking cycle

A rise in unemployment and a surge in hiring point to conflicting impulses in Australia's labour market, but conditions remain relatively tight.

RBA frets over severe global shock from Middle East war

Spillover from the Iran war and an uptick in risky lending to first-home buyers could threaten Australia's financial stability, the Reserve Bank warns.

New Zealand economy limps on with lacklustre GDP

New Zealand's fledgling economic revival, confirmed by fresh GDP figures, is at risk as supply chain disruptions push up inflation.

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Politics Australia New South Wales United States of America Victoria Queensland Unrest, Conflicts and War Economy, Business and Finance Middle East Environmental Issue Health South Australia Disaster and Accident International Relations Diplomacy Commonwealth of Independent States Tasmania Energy Weather Energy and Resource

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