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Latest news: Economy, Business and Finance

Call to cut exports, not follow 'wrong' future gas plan

Call to cut exports, not follow 'wrong' future gas plan

A phase-down of gas exports and reserving supplies for dwindling local use would be a "real future gas strategy" for Australia, according to a climate body.

Households keep falling behind as rate increases bite

Households keep falling behind as rate increases bite

Households keep falling behind as rate increases bite

Households keep falling behind as rate increases bite

Most borrowers are adapting to tough financial conditions but the number of people in hardship or struggling to meet repayments is growing.

Demand for AI skills falls, with ads 'extremely rare'

Demand for AI skills falls, with ads 'extremely rare'

Demand for AI skills falls, with ads 'extremely rare'

Demand for AI skills falls, with ads 'extremely rare'

Despite the artificial intelligence hype, analysis of Australian job ad data suggests demand for employees able to work with the models has taken a back seat.

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PM blasts opposition for shifting goals on climate

PM blasts opposition for shifting goals on climate

An opposition plan to rework interim climate commitments has attracted the ire of the prime minister, who says 2030 goals are achievable.

States at odds over coal royalty revenue, GST cut

States at odds over coal royalty revenue, GST cut

Queensland Treasurer Cameron Dick has hit back at his NSW counterpart over a proposed overhaul of coal royalty revenue in GST calculations.

New night life boss 'crucial' to live music economy

New night life boss 'crucial' to live music economy

The Queensland government's decision to appoint a night life economy commissioner has been welcomed as a boost for the future of the live music industry.

Boomers won't give up retirement dreams for kids

Boomers won't give up retirement dreams for kids

While most older Australians believe their kids face bigger financial struggles than they did, most won't help out at the cost of their retirement lifestyle.

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Career stagnation, inequality risks media women exodus

Career stagnation, inequality risks media women exodus

Career stagnation, inequality risks media women exodus

Career stagnation, inequality risks media women exodus

Research on women in media reveals a growing dissatisfaction with the industry, driven by concerns about pay and a lack of promotional opportunities.

Weekend city visits lift but workers still shun the CBD

Weekend city visits lift but workers still shun the CBD

Weekend city visits lift but workers still shun the CBD

Weekend city visits lift but workers still shun the CBD

The number of people visiting Australia's largest cities still remains below pre-pandemic levels but weekends are beginning to buck the trend.

Jobs market put to test in sluggish economy

Jobs market put to test in sluggish economy

Jobs market put to test in sluggish economy

Jobs market put to test in sluggish economy

Economists expect another relatively robust jobs report for the month of May even as higher interest rates knock the economy around.

Great wealth transfer raises the inheritance stakes

Great wealth transfer raises the inheritance stakes

Great wealth transfer raises the inheritance stakes

Great wealth transfer raises the inheritance stakes

The "great wealth transfer" is getting started and with more to leave behind, discussing the difficult topic with loved ones has never been more important.

Wanted: Geoscientists for jobs in old and new energy

Wanted: Geoscientists for jobs in old and new energy

Wanted: Geoscientists for jobs in old and new energy

Wanted: Geoscientists for jobs in old and new energy

Energy leaders are warning of a shortage of geoscientists for oil and gas exploration and carbon storage and a skills gap for seismic surveys for offshore wind.

Cheaper rego, sports vouchers in latest budget promises

Cheaper rego, sports vouchers in latest budget promises

Cheaper rego, sports vouchers in latest budget promises

Cheaper rego, sports vouchers in latest budget promises

Queenslanders will get cheaper car registration in the state government's latest cost-of-living budget announcement.

Winds of fortune: 'Job for life' in former coal regions

Winds of fortune: 'Job for life' in former coal regions

Winds of fortune: 'Job for life' in former coal regions

Winds of fortune: 'Job for life' in former coal regions

A gusty $20 billion in investment will blow in from a mere three offshore wind projects that one team plans to build to help rewire industrial heartlands.

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Australians need assurance on 'toxic' inflation: RBA

The RBA's strategy of bringing down inflation gradually to protect the jobs market is a different tactic but it has worked, the central bank's new deputy says.

Tourism bounces back after destructive cyclones

Tourists are flocking back to north Queensland, months after two cyclones caused destruction in the region.

Treasury secretary to stay on for five more years

The Treasury's top official Steven Kennedy will remain as secretary until 2029 after being appointed for a second term in the role.

Record $26b green energy boost for emissions target bid

Queensland Labor has earmarked huge funds for green power, storage and transmission projects to support the state's emissions targets.

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Cost-of-living relief as SA keeps budget in surplus

South Australia's treasurer says the state is gearing up to benefit from "transformative economic developments" after delivering another budget surplus.

Streamlining new offshore gas fields still on the table

Changes to environmental approvals for new offshore gas will return to federal parliament after a review, despite being pulled in a recent deal with the Greens.

Lending to property investors jumps amid rising rents

A pick up in investor lending and housing-related loans more generally comes even as interest rates stay elevated and cuts remain in the distant future.

Women are reaching economic equality but femicide rises

Rising economic equality traditionally reduces gender-based violence but an expert fears this correlation may no longer be true in Australia. She explains why.

Australia out in the cold on uranium for energy pact

Australia has been left out of a strategic international pact for a secure global uranium market to replace Russian supplies, despite deep reserves.

Future gas plan 'deaf' to traditional owners' concerns

Crossbench senators have attacked the future gas strategy as a "morally bankrupt" plan that also misrepresents the views of Australia's traditional owners.

Reserve Bank keeps options open on interest rates

Interest rates could go higher again if inflation proves stickier than expected or moves higher, the head of the Reserve Bank of Australia says.

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