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Latest news: Economy, Business and Finance

Aldi's baby puffs snuffed out in snack appeal case

Aldi's baby puffs snuffed out in snack appeal case

A fierce battle over toddler snacks is no child's play, as a court ruling threatens to lump a discount supermarket chain with an even bigger damages bill.

Zuckerberg didn't prioritise child safety: ex-engineer

Zuckerberg didn't prioritise child safety: ex-engineer

Zuckerberg didn't prioritise child safety: ex-engineer

Zuckerberg didn't prioritise child safety: ex-engineer

A former engineer at Meta testified that the CEO was responsible for a culture that may have shirked its responsibility to protect children from harm.

Aussie shares fall for sixth day as confidence wavers

Aussie shares fall for sixth day as confidence wavers

Aussie shares fall for sixth day as confidence wavers

Aussie shares fall for sixth day as confidence wavers

Defensive stocks have been the sole winners in another negative session for the ASX, weighed down by inflation and global borrowing cost concerns.

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Competition watchdog raids Aussie tech giant's offices

Competition watchdog raids Aussie tech giant's offices

An embattled Australian tech giant is again making headlines for all the wrong reasons after the competition watchdog executed a warrant at its offices.

Super members to get more advice in financial shake-up

Super members to get more advice in financial shake-up

The financial advice sector will undergo a major overhaul in an effort to thwart "bad actors" attracted to Australia’s huge pool of retirement savings.

Coffee machines brew a caffeine hit for Aussie firm

Coffee machines brew a caffeine hit for Aussie firm

Breville Group has delivered a rise in profit on record revenue and played up opportunities for its coffee machines, especially in the Middle East.

Debt to hit new high but nation's budget outlook steady

Debt to hit new high but nation's budget outlook steady

Federal tax changes threaten states and territories' budget bottom lines, but Australia's fiscal outlook remains steady, a new report says.

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Decision on $20b Papua LNG project due by year-end

Decision on $20b Papua LNG project due by year-end

Decision on $20b Papua LNG project due by year-end

Decision on $20b Papua LNG project due by year-end

Santos and its partners have targeted a fourth-quarter decision on a massive gas project in Papua New Guinea that would be the country's second.

Punters ditch Powerball, Oz Lotto on major jackpot miss

Punters ditch Powerball, Oz Lotto on major jackpot miss

Punters ditch Powerball, Oz Lotto on major jackpot miss

Punters ditch Powerball, Oz Lotto on major jackpot miss

The Lottery Corporation, which holds licenses for Powerball, Oz Lotto, and TattsLotto, has seen a profit dip after an unfavourable performance in its key games.

Retail sector woes continue after online icon slumps

Retail sector woes continue after online icon slumps

Retail sector woes continue after online icon slumps

Retail sector woes continue after online icon slumps

Leaders of Australia's largest online furniture and homewares retailer has talked up its growth prospects, despite a tough retail environment.

Meta rejects claims it sought to hook kids to platforms

Meta rejects claims it sought to hook kids to platforms

Meta rejects claims it sought to hook kids to platforms

Meta rejects claims it sought to hook kids to platforms

Opening statements have been made in a pivotal trial for Meta where US states are seeking damages for social media harms to children.

BHP chief labels state's royalty regime unsustainable

BHP chief labels state's royalty regime unsustainable

BHP chief labels state's royalty regime unsustainable

BHP chief labels state's royalty regime unsustainable

A sliding scale royalty regime introduced by a state four years ago means investing there is unsustainable, the head of BHP says.

'Quite wrong': minister hits out at GST deal criticism

'Quite wrong': minister hits out at GST deal criticism

'Quite wrong': minister hits out at GST deal criticism

'Quite wrong': minister hits out at GST deal criticism

A federal minister from Western Australia has defended her state's generous GST deal despite productivity watchdog calls to scrap the arrangement.

Consumer watchdog bares teeth at dodgy digital sellers

Consumer watchdog bares teeth at dodgy digital sellers

Consumer watchdog bares teeth at dodgy digital sellers

Consumer watchdog bares teeth at dodgy digital sellers

Firms are competing in a "race to the bottom" with dodgy online sales tactics manipulating choices and obscuring information, the consumer watchdog warns.

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'Sleeper issue': aged care too reliant on migrant work

Australia's aged care sector is overly dependent on migrant workers, with an expert warning it risks leaving the elderly exposed.

Aussie shares flat as health stocks, BHP limit losses

Earnings season continues to drive local stock volatility, after company results drove buying in BHP and the beaten-down healthcare sector.

Don't delay celebrity agent's rape sentence, court told

A manager behind the careers of some of sport and entertainment's brightest stars is fighting to avoid a prison sentence before his appeal.

'Real fears' for major smelter without new power deal

One of Australia's big four aluminium smelters is without a long-term power deal, with stalled negotiations raising questions about its future.

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Blood plasma giant's share price revives on growth path

An Aussie healthcare giant that put up its first annual loss as a listed group has staged a strong share price rebound as investors bet that the worst is over.

Big Australian sees a copper future on AI, energy boom

Surging copper prices meant the red metal accounted for more than half of BHP's earnings in the past financial year as the miner invests heavily in production.

Hearing loss and dementia link can drive implant growth

Australian hearing implant company Cochlear has suffered a fall in annual earnings but is positive about the future uptake of its pioneering technology.

Google parent jumps on Aussie kangaroo for AI billions

Google's parent is planning its first Australian dollar debt issue - the first by a US tech giant in nearly 10 years - to raise funds for its AI forays.

Retirement savings to be 'decimated' under early access

The treasurer has cautioned against a push for Australians to dip into their super early to deal with cost-of-living pressures.

'Enormous' mental health toll for women with endo

More than half of Australian women with endometriosis are experiencing a mental health problem, with new research revealing the hidden toll of the condition.

Aussie businesses praised for their innovation

A big bank trying to win the nation's leading business bank crown is looking for more innovative firms to lend to, after seeing a shift in the past six months.

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