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Latest news: Economy, Business and Finance

Air Vanuatu cancels Australian flights amid cash woes

Air Vanuatu cancels Australian flights amid cash woes

The national airline of Vanuatu has cancelled all its flights to and from Sydney and Brisbane for the rest of the week amid reports of financial difficulties.

'Unsafe future': Australia commits to decades more gas

'Unsafe future': Australia commits to decades more gas

'Unsafe future': Australia commits to decades more gas

'Unsafe future': Australia commits to decades more gas

Critics say a plan to lock in gas as a long-term source of energy and export revenue will damage the environment and blow up Australia's climate targets.

Refineries pumped on high-value, ultra-low sulphur fuel

Refineries pumped on high-value, ultra-low sulphur fuel

Refineries pumped on high-value, ultra-low sulphur fuel

Refineries pumped on high-value, ultra-low sulphur fuel

Upgrades are on track for producing ultra-low sulphur fuel suitable for the latest European and American cars, an Australian refiner says.

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CSIRO bloods red meat powder to beef up drinks, snacks

CSIRO bloods red meat powder to beef up drinks, snacks

Scientists have developed a red meat powder to boost drinks and snacks as part of a plan to target the health and wellness sector and meet demand for protein.

Treasurer worried about home building pipeline

Treasurer worried about home building pipeline

Not nearly enough houses are being built to meet growing demand but the federal government is still confident it can meet its 1.2 million homes target.

Hundreds of millions to incentivise clean energy future

Hundreds of millions to incentivise clean energy future

A $566 million commitment is part of Australia's long-term plan to incentivise clean energy investment and turn the nation into a renewables superpower.

Think tank urges bold clean tech support

Think tank urges bold clean tech support

Electric trucks, utes and vans are part of plans to re-industrialise and join emission-busting supply chains, if the upcoming budget is bold, a think tank says.

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Clean energy rollout must address 'historic injustice'

Clean energy rollout must address 'historic injustice'

Clean energy rollout must address 'historic injustice'

Clean energy rollout must address 'historic injustice'

The energy industry and governments have been told to end "historic injustice" by helping First Nations households turn off diesel and switch on solar power.

Researchers cheer quantum leap on silicon breakthrough

Researchers cheer quantum leap on silicon breakthrough

Researchers cheer quantum leap on silicon breakthrough

Researchers cheer quantum leap on silicon breakthrough

University researchers say they have made a breakthrough in quantum technology that could pave the way for reliable, powerful computers.

Rates on hold but RBA 'vigilant' to inflation risks

Rates on hold but RBA 'vigilant' to inflation risks

Rates on hold but RBA 'vigilant' to inflation risks

Rates on hold but RBA 'vigilant' to inflation risks

Mortgage holders have been spared more interest rate pain but emerging inflation risks have the Reserve Bank on high alert.

Groceries inquiry backs breaking up major supermarkets

Groceries inquiry backs breaking up major supermarkets

Groceries inquiry backs breaking up major supermarkets

Groceries inquiry backs breaking up major supermarkets

Supermarket price gouging should be illegal and there must be laws to break up major retailers that abuse their market power, a Senate committee has found.

Australia has a beef with looming EU trade rules

Australia has a beef with looming EU trade rules

Australia has a beef with looming EU trade rules

Australia has a beef with looming EU trade rules

Australia is concerned proposed deforestation laws in the European Union could impact agricultural trade and wants a delay in the new rules.

High steaks: PM launches drought fund at Beef Week

High steaks: PM launches drought fund at Beef Week

High steaks: PM launches drought fund at Beef Week

High steaks: PM launches drought fund at Beef Week

More than half a billion dollars will be allocated for projects helping farmers prepare for drought and to boost their capacity to adapt to climate change.

Warning for Australia as China 'weaponises' rare earths

Warning for Australia as China 'weaponises' rare earths

Warning for Australia as China 'weaponises' rare earths

Warning for Australia as China 'weaponises' rare earths

A potentially globally significant Australian rare earths producer has criticised China for "weaponising" the market and holding back vital western development.

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Australia's housing woes to be focus in federal budget

The plight of struggling renters will be addressed in the upcoming federal budget, Treasurer Jim Chalmers says.

'Vibrancy' reforms on the table for later dining hours

Restaurants and bars 500 metres or more from homes will find it easier to trade into the evening under planned changes in NSW.

Aussie nest eggs being drained by dodgy cold-callers

Workers are being warned to be wary of cold callers using dodgy tactics to bait them into switching super products at the detriment of their retirement savings.

'Under the pump': expenses help for battling families

Cost-of-living support will be a key focus in the Albanese government's third federal budget, which will be handed down next week.

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'Unacceptable': phantom flights cost Qantas $120m

Qantas has been fined $100 million and will be forced to pay customers a further $20 million for selling tickets for flights that were already cancelled.

Anti-money laundering, terrorism get budget boost

More than $166 million in the federal budget will expand money laundering rules so lawyers, real estate agents and other professions have to report.

Optus appoints telco veteran as new CEO

After two major public relations disasters, Optus has appointed a new chief executive following the departure of Kelly Bayer Rosmarin.

People want decency from business, not political stunts

Corporations aligning with political causes could do better paying workers, suppliers and taxes fairly while investing in local communities, a survey says.

Relief for students with $3b of HECS debt eliminated

About $3 billion worth of student debt will be wiped for more than three million Australians struggling through the cost-of-living crisis.

Spotlight on RBA after concerning inflation data

No change in the official cash rate is expected this week, with the Reserve Bank's reaction to a stronger inflation print the main point of interest.

Super funds respond to members' calls to dump coal

Australia's superannuation funds, as long-term investors, are increasingly making decisions based on the best returns for members in a decarbonising world.

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