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Latest news: Economy, Business and Finance

Net zero policy to draw on national strengths: Chalmers

Net zero policy to draw on national strengths: Chalmers

Critical minerals, battery manufacturing, renewable hydrogen and green metals have been flagged as net zero industry priorities by the federal treasurer.

Call for Santos to give up on Narrabri as precinct axed

Call for Santos to give up on Narrabri as precinct axed

Call for Santos to give up on Narrabri as precinct axed

Call for Santos to give up on Narrabri as precinct axed

Clean industry advocates say renewable energy and sustainable agriculture are the future of Narrabri, as the NSW government axes a gas-led industrial precinct.

Investors demand details in sector plans for transition

Investors demand details in sector plans for transition

Investors demand details in sector plans for transition

Investors demand details in sector plans for transition

Australia needs investment-grade climate policy to guide the nation's top industries through a critical phase of decarbonisation, investors say.

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IMF urges higher interest rates to control inflation

IMF urges higher interest rates to control inflation

An independent assessment of Australia's economy says interest rates will need to lift higher and government effort will be required to bring inflation down.

Housing rebound eyes new mark but rates threat looms

Housing rebound eyes new mark but rates threat looms

National home prices are about to hit a fresh peak in October, though the pace of growth is starting to slow.

Electric utes, vans and trucks to drive emissions down

Electric utes, vans and trucks to drive emissions down

Commercial electric vehicles present a $110 billion opportunity to decarbonise Australian industry and employ a new generation of workers, a think tank says.

BHP asserts green credentials despite backlash

BHP asserts green credentials despite backlash

BHP says its investment in critical minerals shows it is bringing about the clean energy transition but critics denounce the environmental impact of its mines.

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Politics, media, psychology thwart tax reform: Grattan

Politics, media, psychology thwart tax reform: Grattan

Politics, media, psychology thwart tax reform: Grattan

Politics, media, psychology thwart tax reform: Grattan

Tax reform is hard but the incoming head of the Productivity Commission still believes it's possible - and necessary.

Pilot strike threat at Qantas subsidiary averted

Pilot strike threat at Qantas subsidiary averted

Pilot strike threat at Qantas subsidiary averted

Pilot strike threat at Qantas subsidiary averted

Pilots at a WA-based Qantas subsidiary have suspended plans to strike and agreed to resume negotiations over pay and conditions.

RBA warns of looming financial stability risks

RBA warns of looming financial stability risks

RBA warns of looming financial stability risks

RBA warns of looming financial stability risks

Australia faces a number of emerging risks to financial stability that look quite different to those of recent decades, RBA assistant governor Brad Jones says.

High-purity silicon from Townsville to power the world

High-purity silicon from Townsville to power the world

High-purity silicon from Townsville to power the world

High-purity silicon from Townsville to power the world

Silicon for solar panels and batteries will be part of a green precinct for high-tech manufacturing to kickstart new supply chains and end China's dominance.

Chevron workers endorse pay deal and claim victory

Chevron workers endorse pay deal and claim victory

Chevron workers endorse pay deal and claim victory

Chevron workers endorse pay deal and claim victory

Chevron workers in Western Australia have voted to endorse a series of proposed enterprise agreements after months of negotiations and industrial action.

Beetaloo 'climate bomb' cannot be offset, inquiry told

Beetaloo 'climate bomb' cannot be offset, inquiry told

Beetaloo 'climate bomb' cannot be offset, inquiry told

Beetaloo 'climate bomb' cannot be offset, inquiry told

Independent modelling suggests governments have underestimated emissions from the Northern Territory's proposed Beetaloo Basin project and a Darwin Harbour hub.

Businesses on Facebook, Instagram can be Meta-verified

Businesses on Facebook, Instagram can be Meta-verified

Businesses on Facebook, Instagram can be Meta-verified

Businesses on Facebook, Instagram can be Meta-verified

Scammers are trying to impersonate companies online but businesses using Facebook or Instagram can trial a tool that could protect consumers and reputations.

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'Climate wreckers' given green light by big super funds

Some of Australia's most well-known super funds have been accused of faking it on supposed "climate action" against the expansion of oil and gas.

Boozers reach for cheap hooch as sales lag at Endeavour

Liquor retailer Endeavour Group says shoppers are switching to cheaper products at Dan Murphy's and BWS as the company struggles to keep up with competitors.

Retail sales dig in with hotter than expected growth

The new iPhone model, government policies and unseasonably warm weather have all helped prop up retail sales ahead of a much-anticipated cash rate decision.

WA premier heads to Japan to promote renewable energy

Premier Roger Cook says Western Australia has a huge trade opportunity as Southeast Asian nations work to decarbonise their economies.

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Strong competition as Vic economy ranked nation's best

Economic activity, retail spending and business investment has catapulted Victoria to best performing economy in the nation but it faces stiff competition.

Bank lending not helping Australia's ailing environment

Australian Conservation Foundation research has questioned the lending practices of Australian banks and their impact on nature.

Treasurer, opposition trade blows on economy

Australia's major parties are going tit-for-tat on economic credibility, with Treasurer Jim Chalmers suggesting the opposition misrepresented tax data.

Fresh insights into retail sector, housing market

Consumers have been reining in their spending in response to high interest rates and new data may signal a continuation of this trend.

Answer to productivity could be AI-driven assistants

Microsoft is expanding its Australian base in anticipation of enormous growth in generative artificial intelligence.

Auction jump ahead of expected Cup day rate hike

An expected rate hike on Melbourne Cup Day has impacted the number of homes going under the hammer, with clearance rates tipped to jump.

'Facebook for cows' technology tackling cattle theft

New Australian technology that uses facial recognition for livestock has had positive early results and is being sought by international farmers.

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