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Latest news: Economy, Business and Finance

PM must answer for Qantas boss meeting: opposition

PM must answer for Qantas boss meeting: opposition

Opposition leader Peter Dutton says the prime minister must be transparent about his meeting with former Qantas chief Alan Joyce.

Cost of living no roadblock as car sales smash record

Cost of living no roadblock as car sales smash record

Cost of living no roadblock as car sales smash record

Cost of living no roadblock as car sales smash record

Australians bought a record number of new cars in 2023 as the COVID comeback continued but cost-of-living pressures have auto makers preparing for a slowdown.

Board reshuffle signals end to hostilities at Endeavour

Board reshuffle signals end to hostilities at Endeavour

Board reshuffle signals end to hostilities at Endeavour

Board reshuffle signals end to hostilities at Endeavour

A protracted board feud at BWS owner Endeavour appears to be over after chairman Peter Hearl and activist shareholder Bruce Mathieson Jr stepped down.

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House prices to fall by 3-5pct after flat end to 2023

House prices to fall by 3-5pct after flat end to 2023

The Australian housing market ended 2023 on a flat note, despite respectable gains across the year, and are likely to fall going into 2024, experts say.

Re-thinking code from the inside for more accessibility

Re-thinking code from the inside for more accessibility

Artificial intelligence may redefine the limits of human potential and unlock access to technology but it needs people of all abilities to help write the code.

Iranian warship Alborz enters Red Sea: report

Iranian warship Alborz enters Red Sea: report

The Iranian warship Alborz has entered the Red Sea at a time of raised tensions on the shipping route, Iranian media reports say.

New Year's Eve party over, now what's in store for 2024

New Year's Eve party over, now what's in store for 2024

New Year's festivities over, another year of uncertainty has dawned with hangovers from 2023 but some predictions for 2024 suggest better times ahead.

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Snacks giant sorted with favourite Aussie ingredients

Snacks giant sorted with favourite Aussie ingredients

Snacks giant sorted with favourite Aussie ingredients

Snacks giant sorted with favourite Aussie ingredients

Fancy crackers, chocolates and lollies shared during the holidays are increasingly being made from local ingredients in high-tech manufacturing hubs onshore.

New year changes to bring vape ban, boosted payments

New year changes to bring vape ban, boosted payments

New year changes to bring vape ban, boosted payments

New year changes to bring vape ban, boosted payments

A raft of major policy changes are scheduled to start as the sun sets on 2023, including cost of living relief measures in some states.

Digital hand for responders after devastating floods

Digital hand for responders after devastating floods

Digital hand for responders after devastating floods

Digital hand for responders after devastating floods

As storms, floods and bushfires wreak havoc on Australia, a little-known company owned by the nation's governments is in demand for its digital intelligence.

Aussie business boost as India trade ties strengthen

Aussie business boost as India trade ties strengthen

Aussie business boost as India trade ties strengthen

Aussie business boost as India trade ties strengthen

Australia's agriculture exports to India have soared off the back of a free trade agreement while the pact makes products cheaper for consumers at home.

Australia's most expensive cities for petrol revealed

Australia's most expensive cities for petrol revealed

Australia's most expensive cities for petrol revealed

Australia's most expensive cities for petrol revealed

Perth retains its title as Australia's cheapest petrol capital with regular unleaded costing an average of 183.9 cents per litre for 2023.

Shoppers seek Boxing Day bargains across the country

Shoppers seek Boxing Day bargains across the country

Shoppers seek Boxing Day bargains across the country

Shoppers seek Boxing Day bargains across the country

Australians have splurged at unprecedented sales on Boxing Day spurred on by a cost-of-living crisis this year.

Maersk preparing for resumption of Red Sea voyages

Maersk preparing for resumption of Red Sea voyages

Maersk preparing for resumption of Red Sea voyages

Maersk preparing for resumption of Red Sea voyages

Maersk vessels will soon resume sailing through the Red Sea, the shipping company says, following the establishment of an international naval operation there.

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Church leaders call for hope and love at Christmas

Australians have been urged to look at Christmas as a time for hope in the midst of natural disasters, international conflicts and economic challenges.

Equity crowdfunding site attracts capital for start-ups

A crowdfunding platform has raised more than $2 million to continue to connect Aussie start-ups with grassroots investors who want to back sustainable success.

New transport minister reveals costs of major projects

The cost of 32 major road and rail projects across Queensland has almost doubled, with new Transport Minister Bart Mellish promising transparency on the issue.

New fuel standards to reduce driver health risk: PM

New fuel quality standards will be introduced to limit the amount of noxious emissions from vehicles, bringing Australia into line with other western countries.

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Population growth to ease as migration levels normalise

Australia’s population growth has been boosted by higher migration post-pandemic, but these levels will stabilise in coming years.

Sun protection pioneer to weave $10m into new clothing

A pioneering sun protection clothing company has attracted $10 million from a federal growth fund to expand its range and forge new partnerships.

Cost of living relief under consideration for new year

Australians on low and middle incomes could be in for further relief as the Albanese government considers how it can help households under strain.

Steeper cost of small reactors a blow to nuclear push

A push to add nuclear to Australia's energy mix may be silenced by a steep upward revision of the cost of small reactors by the national science agency.

Plug pulled on EV rebate as tax take swells SA coffers

Higher payroll tax and stamp duty revenue will propel the South Australian government to successive budget surpluses, despite fears its GST share will be cut.

Houthis threaten US warships if they target rebels

Yemen's Houthi leader says his militia does not fear the United States and has warned outsiders not to target the rebels over attacks in the Red Sea.

Telco hit with $100k fine for breaching anti-scam laws

A small telco has been slapped with a $100,000 fine for breaching anti-scam obligations among a number of failings uncovered by a watchdog's investigation.

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