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Latest news: Economy, Business and Finance

Bank chiefs don't rate a quick end to costs crunch

Bank chiefs don't rate a quick end to costs crunch

Interest rates might have reached their peak but the head of Westpac says many households are still grappling with tight budgets.

Budget bliss as Kmart brand helps bag Wesfarmers profit

Australian conglomerate company Wesfarmers has lifted its profit by 3.7 per cent on the previous year as consumers snapped up affordable products at Kmart.

Gold producer says future of $1b mine remains unclear

Gold producer says future of $1b mine remains unclear

Gold producer says future of $1b mine remains unclear

Gold producer says future of $1b mine remains unclear

Regis Resources says it has a big task ahead of it to proceed with a gold mine in country NSW, part of which has been blocked by a federal protection order.

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Casino precinct opens but yet to catch a falling Star

Casino precinct opens but yet to catch a falling Star

An eight year wait is finally over with the Brisbane's $3.6 billion Queen's Wharf entertainment precinct finally starting a staged opening.

Lithium stalwart barely breaks even as rout continues

Lithium stalwart barely breaks even as rout continues

The world's largest hard-rock lithium mine has kept critical minerals producer IGO in the black, bankrolling a smaller dividend and offsetting nickel woes.

Energy 'reliability gaps' ahead for homes, businesses

Energy 'reliability gaps' ahead for homes, businesses

New sources of power and transmission must be built "on time and in full" to secure the nation's electricity grid, the Australian market operator has warned.

'Not a fun time': Mineral Resources annual profit drops

'Not a fun time': Mineral Resources annual profit drops

Mineral Resources is "throwing everything off the deck" to ride out the lithium price slump, after its full-year profit fell by more than half.

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Home sweet home: the places people never leave

Home sweet home: the places people never leave

Home sweet home: the places people never leave

Home sweet home: the places people never leave

Waterside suburbs and areas with idyllic lifestyles are unsurprisingly among the tightest-held property markets in the country, new data reveals.

Indigenous businesses 'very healthy' as sector grows

Indigenous businesses 'very healthy' as sector grows

Indigenous businesses 'very healthy' as sector grows

Indigenous businesses 'very healthy' as sector grows

Indigenous businesses are in a great position to harness opportunities presented by the 2032 Olympic Games, as the sector records "very healthy" growth.

Inflation steps down but ladder still steep for RBA

Inflation steps down but ladder still steep for RBA

Inflation steps down but ladder still steep for RBA

Inflation steps down but ladder still steep for RBA

A mixed set of inflation numbers are unlikely to move the needle for the Reserve Bank as it weighs interest rates and persistent price pressures.

Greens to put money where their mouth is in dental plan

Greens to put money where their mouth is in dental plan

Greens to put money where their mouth is in dental plan

Greens to put money where their mouth is in dental plan

All Australians could get free access to dental care as the Greens set out their plans for power under a potential minority government.

Woolies registers big profit discount, says prices down

Woolies registers big profit discount, says prices down

Woolies registers big profit discount, says prices down

Woolies registers big profit discount, says prices down

Sales are up at Woolworths but writedowns on its New Zealand stores and drinks business have a taken a huge slice out of its $1.7 billion operating profit.

Slow progress on unpaid super sparks calls for action

Slow progress on unpaid super sparks calls for action

Slow progress on unpaid super sparks calls for action

Slow progress on unpaid super sparks calls for action

One in four workers are not receiving their full super entitlements, prompting calls for tougher compliance and legislative reform.

Fortescue 'doubling down' on green iron despite leaks

Fortescue 'doubling down' on green iron despite leaks

Fortescue 'doubling down' on green iron despite leaks

Fortescue 'doubling down' on green iron despite leaks

Mining giant Fortescue pledges to create a green metals industry grounded in Australian ore and renewable energy, after pulling back on championing hydrogen.

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It's bad news for Nine as profits plunge amid cost cuts

The fractured advertising market continues to hit media revenues with Nine Entertainment full-year profits falling almost a third to $134.9 million.

Miner upbeat on rare earths despite dwindling profit

The biggest producer of rare earths outside China is digging in for the long term despite a slump in annual profit, as volatile prices show signs of improving.

Gas pipes supply solid cash flow in energy transition

Gas pipeline operator APA has posted a stronger full-year profit amid an expansion and urges more domestic gas production to support an end to coal-fired power.

GYG's first earnings give investors food for thought

Investors ate up better-than-expected sales at fast food chain Guzman Y Gomez, which hit a record high following its first earnings result since going public.

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BHP's climate transition 'more than window dressing'

Resources giant BHP has defended the carbon footprint of its mining operations even as demand for traditional commodities and future-facing products expands.

Telcos to dial-up customer communication during outages

Telcos will be given updated rules for communicating with their customers during network-wide outages.

PM lays down budget challenge on coalition cuts

After reports the coalition has identified up to $100 billion in budget savings, Anthony Albanese has urged Peter Dutton to explain where they would be made.

Woodside profits slip as energy prices dip

Australia's largest oil and gas producer, Woodside, has reported lower profits due to falling energy prices but has made progress on key growth projects.

Poorer Aussies feeling pocket pinch with wealth gap

Wealth inequality is exacerbated through housing tax breaks geared toward higher income earners while poorer Australians struggle to pay rent, Anglicare says.

Right to disconnect dials in on wellbeing amid discord

Australians now have a right to disconnect from work after hours but business groups harbour concerns about the new protocols.

Frustrated flyers face long wait for fairer aviation

Passengers could be reimbursed for cancelled or delayed flights under a charter of rights for airline travellers, but the measures are some way in the distance.

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