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Latest news: Economy, Business and Finance

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.

Australian shares edge higher as precious metals bounce

Australian shares edge higher as precious metals bounce

Australian shares edge higher as precious metals bounce

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

Treasurer responds after budget attack by ex-RBA head

Treasurer responds after budget attack by ex-RBA head

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".

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US online giant is challenging business goods suppliers

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

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.

Aussie shares fall as US dollar surges, oil retreats

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

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.

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Lucky Bay mine not so lucky for mining group

Lucky Bay mine not so lucky for mining group

Lucky Bay mine not so lucky for mining group

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

Battery bonanza reshaping grid transition game plan

Battery bonanza reshaping grid transition game plan

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

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

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

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

Councils back polluter-paid climate compensation fund

Councils back polluter-paid climate compensation fund

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

Alarm as deadly bird flu strain lands in second state

Alarm as deadly bird flu strain lands in second state

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.

Shares snap losing steak but inflation threats remain

Shares snap losing steak but inflation threats remain

Shares snap losing steak but inflation threats remain

Shares snap losing steak but inflation threats remain

Monetary policy continues to loom large over markets as sticky local price growth weighs on confidence and a hawkish US rates outlook drags on metals prices.

'Not sugar hits': cost-of-living package under fire

'Not sugar hits': cost-of-living package under fire

'Not sugar hits': cost-of-living package under fire

'Not sugar hits': cost-of-living package under fire

A state government launching a post-budget sell has come under fire over a cost of living package that critics say doesn't make a difference to families.

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Death or divorce: owners could miss out on tax breaks

The federal government is being accused of a crucial oversight as it tries to ram its overhaul of taxes on investments through parliament.

Inflation lying in wait to strike another rate blow

Despite a fall in headline inflation, a larger-than-expected rise in the underlying figure leaves the door open to more Reserve Bank rate hikes.

Cost-of-living crunch hits spending on baby goods

Rising interest rates and petrol prices led to parents buying fewer prams and car seats at Baby Bunting, pushing down its full-year earnings guidance.

Australia's car loan trap: industry warned to be 'fair'

The findings of a major report on car financing in Australia aren't pretty, leaving the industry body to make clear that customers must be treated fairly.

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No-frills budget tips surprise surplus amid Games blitz

A pathway to surplus has been mapped out by a state government as it handed down a budget with cost of living relief while ramping up Olympic preparations.

Australian shares dip as slump in miners drags on

Easing oil prices and stronger bank stocks have not been enough to lift the local bourse, as weak metals prices continue to weigh on the mining sector.

Budget delivers more help for under-pressure families

Roads, schools, and hospitals are all set to benefit from the NSW budget as the government looks to provide cost-of-living relief to motorists and families.

Funding for DV services to tackle 'abominable' issue

Advocates of family violence prevention are grateful for a cash injection provided by a state budget, but stress it must continue for the system to stay afloat.

NSW's budget surplus dream could still face headwinds

NSW remains on track to deliver a budget surplus in 2027/28 despite a hit to a key revenue driver due to high interest rates, the treasurer says.

'It will kill the brand': plea over brewery's closure

A brewery which has operated for almost 150 years will stop production in November but workers have made a last-ditch appeal for a change of direction.

Aussie shares edge lower as WiseTech leads IT sell-off

Modest gains in financials, consumer discretionaries and industrials have softened the blow of an IT and health care stock sell-off in a weak start to the week.

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