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Latest news: Economy, Business and Finance

'Unacceptable': second triple-zero Optus outage slammed

'Unacceptable': second triple-zero Optus outage slammed

A second Optus triple-zero outage in as many weeks has raised the ire of a premier as calls mount for the government to empower regulators rather than telcos.

Financial sector urged to shoot higher on climate risk

Financial sector urged to shoot higher on climate risk

Financial sector urged to shoot higher on climate risk

Financial sector urged to shoot higher on climate risk

The global financial sector has been urged to prevent further backsliding on climate and to stop funnelling money into new fossil fuels in an open letter.

Budget bottom line in better shape before rates call

Budget bottom line in better shape before rates call

Budget bottom line in better shape before rates call

Budget bottom line in better shape before rates call

Strong jobs and wages numbers have more than halved the budget deficit projected last financial year as the Reserve Bank meets to decide if rates should be cut.

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Interest rate decision to dominate economic agenda

Interest rate decision to dominate economic agenda

Mortgage holders are unlikely to get a leg up from the Reserve Bank this week, with markets and analysts predicting the cash rate to remain on hold on Tuesday.

Clive takes legal stoush with government to Switzerland

Clive takes legal stoush with government to Switzerland

Clive Palmer plans to fight an international tribunal's ruling he pay more than $13 million to the Commonwealth after it dismissed his "foreign investor" claim.

Trump declares plan to transfer TikTok to US investors

Trump declares plan to transfer TikTok to US investors

President Donald Trump has OK'd a plan to sell TikTok's US operations to American investors following China's approval, with a company price tag of $21 billion.

Trump slaps new tariffs on drugs, trucks and furniture

Trump slaps new tariffs on drugs, trucks and furniture

President Donald Trump's tariff spree continues with new US levies including 100 per cent on pharmaceuticals as well as duties on furniture and heavy trucks.

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Danish airport reopens after further drone activity

Danish airport reopens after further drone activity

Danish airport reopens after further drone activity

Danish airport reopens after further drone activity

Denmark has informed its NATO allies that drone incursions that shut two of its airports are linked to unspecified "state actors", according to Latvia.

One in three homes in line for sunny value boost

One in three homes in line for sunny value boost

One in three homes in line for sunny value boost

One in three homes in line for sunny value boost

Home buyers have seen the light and are now prepared to pay a little more for solar systems in the expectation of lower bills over time.

'Frustrating' chronic condition impacting Aussie women

'Frustrating' chronic condition impacting Aussie women

'Frustrating' chronic condition impacting Aussie women

'Frustrating' chronic condition impacting Aussie women

Migraine sufferers say the condition is not "just a headache" and requires national attention because one in three Australian women is living with them.

Conservationists outraged at coal-fired future

Conservationists outraged at coal-fired future

Conservationists outraged at coal-fired future

Conservationists outraged at coal-fired future

The extended shelf life of coal-fired power has enraged conservation groups, with one state declaring it will be in use for decades.

Macquarie to compensate investors in failed Shield fund

Macquarie to compensate investors in failed Shield fund

Macquarie to compensate investors in failed Shield fund

Macquarie to compensate investors in failed Shield fund

Financial services giant Macquarie will reimburse investors $321 million over a failed retirement scheme which magnified concerns over the sector's oversight.

West versus rest as fresh stoush brews over GST spoils

West versus rest as fresh stoush brews over GST spoils

West versus rest as fresh stoush brews over GST spoils

West versus rest as fresh stoush brews over GST spoils

A review of a contentious carve-up has reignited debate over the fairness of one state getting more GST revenue under a special deal with a previous government.

AI 'energy trilemma' in sights of data centre boss

AI 'energy trilemma' in sights of data centre boss

AI 'energy trilemma' in sights of data centre boss

AI 'energy trilemma' in sights of data centre boss

Keeping data centres running to support the AI boom will require investment in low-emission energy generation, possibly including nuclear, proponents argue.

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Farming export success sows seeds of growth goal reset

A $100 billion target is expected to be met by Australian agriculture, but whether it remains the best goal has been questioned at a farming conference.

'Call to arms': peak body joins coal royalties fight

A resources sector peak body has issued a "call to arms" urging businesses to join the fight against a state government's controversial coal royalties scheme.

Jimmy Kimmel defends free speech as he returns to TV

Jimmy Kimmel insists he never meant to make light of Charlie Kirk's murder as the comedian made an emotional return to his TV show after being suspended.

Trump unleashes at UN, countries are 'going to hell'

President Donald Trump has returned to the United Nations to boast of his foreign policy achievements and lash out at the world body as a feckless institution.

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Big bank is cutting 200 teller, personal banking roles

Westpac is cutting 200 customer-facing roles in its network but says it will try to keep as many workers as possible through retraining and redeployment.

Premier takes a dig at miners in coal royalties rumble

A veiled swipe has been taken at "fairweather friends" by the premier of a state losing hundreds of mining jobs against the backdrop of a fight over royalties.

Murdochs could take part in TikTok deal, Trump says

US President Donald Trump says Rupert Murdoch and Michael Dell could be part of deal in which the United States will take control of TikTok.

Inflation fading but rate cut doubtful at least for now

RBA boss Michele Bullock will face questions from federal MPs on the timing of interest rate decisions ahead of key economic data releases.

Progress on TikTok deal as Trump and Xi agree to meet

Donald Trump and China's Xi Jinping will meet in South Korea in the coming weeks, as the US president says their phone call yielded progress on a TikTok deal.

Property markets yet to twig to looming disaster losses

Hundreds of billions of dollars could disappear from property values due to climate change but it's taking time for the worsening threat to influence buyers.

BHP set to appoint first female CEO: report

The world’s largest mining company BHP is expected to appoint the first female leader in its 140-year history, according to a report.

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