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Latest news: Economy, Business and Finance

Sales, dividend down as retail slump hits Harvey Norman

Sales, dividend down as retail slump hits Harvey Norman

Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.

Australia not 'complacent' on expected weak growth

Australia not 'complacent' on expected weak growth

Australia not 'complacent' on expected weak growth

Australia not 'complacent' on expected weak growth

Treasurer Jim Chalmers says Australia is not immune nor complacent in the face of economic challenges though a soft landing is still anticipated.

Green mining could be dynamite for new hydrogen sector

Green mining could be dynamite for new hydrogen sector

Green mining could be dynamite for new hydrogen sector

Green mining could be dynamite for new hydrogen sector

Australia could usher in the next boom by switching ammonia production plants from gas to renewable hydrogen to supply the mining sector with green explosives.

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Pilots resume strike at Qantas subsidiary over pay

Pilots resume strike at Qantas subsidiary over pay

Regional travellers and fly-in, fly-out workers face travel disruptions as more than 200 pilots at a Qantas subsidiary walk off the job over a pay dispute.

Hypocrisy call after 'devastating' report on $5b scheme

Hypocrisy call after 'devastating' report on $5b scheme

Substantial issues have been uncovered in an audit of a war chest filled with billions of dollars derived from Australia's largest road infrastructure project.

Inflation results show signs of waning price pressures

Inflation results show signs of waning price pressures

Stretched households will welcome promising signals on price pressures as a key monthly measure comes in softer than anticipated.

Piggy politicians squeal for end to greedy grocers

Piggy politicians squeal for end to greedy grocers

Strutting through parliament as swindling swines, independent MPs Bob Katter and Andrew Wilkie have called on the government to break up the major supermarkets.

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Escape to the country cools off as cost of living bites

Escape to the country cools off as cost of living bites

Escape to the country cools off as cost of living bites

Escape to the country cools off as cost of living bites

Internal migration has dropped as fewer people make the move between the cities and the regions, but those who are escaping the rat race are going to the coast.

Aussie workers above average on artificial intelligence

Aussie workers above average on artificial intelligence

Aussie workers above average on artificial intelligence

Aussie workers above average on artificial intelligence

The trick to harnessing artificial intelligence is to get clear evidence and guidance on how humans and machines should share the workload, a tech leader says.

'Shock' report sparks ICAC referral for safety watchdog

'Shock' report sparks ICAC referral for safety watchdog

'Shock' report sparks ICAC referral for safety watchdog

'Shock' report sparks ICAC referral for safety watchdog

A monitor for dangerous dust from since-banned engineered stone might not have worked and was developed through a "significantly flawed" process, a report says.

Call for action on gender equity as pay gaps exposed

Call for action on gender equity as pay gaps exposed

Call for action on gender equity as pay gaps exposed

Call for action on gender equity as pay gaps exposed

Australian employers are under pressure to close their gender pay gaps and could face hurdles getting contracts with government if they don't change.

Woodside under the pump on climate risk as profit falls

Woodside under the pump on climate risk as profit falls

Woodside under the pump on climate risk as profit falls

Woodside under the pump on climate risk as profit falls

Critics say Woodside Energy's carbon reduction plans are "meaningless" as the oil and gas giant expands to meet decades of demand expected for Australian LNG.

Origin fined for breach of family violence care

Origin fined for breach of family violence care

Origin fined for breach of family violence care

Origin fined for breach of family violence care

Origin Energy failed to protect vulnerable customers after referring customers affected by family violence to debt collectors to recoup overdue fees.

Top End urged to harness the sun and sideline gas

Top End urged to harness the sun and sideline gas

Top End urged to harness the sun and sideline gas

Top End urged to harness the sun and sideline gas

Independent modelling proposes an economy run on sunshine that could recharge the Northern Territory and avoid environmental harm from taxpayer-subsidised gas.

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Treasurer wary of 'evolving' risks ahead of G20 talks

Finance ministers and central bank leaders from around the world will discuss the developing risks to the global economic outlook at G20 talks.

Pay-row pilots to resume strike at Qantas subsidiary

Regional travellers and workers face having their flight plans disrupted by a three-day strike by pilots at a Qantas subsidiary.

Homebuyer scheme on shaky ground as calls for help echo

Opponents of a homebuyer scheme that would split upfront costs with the government are being urged to back the plan to help more people buy their first house.

Rare earths leader Lynas warns govt on nickel fallout

Lynas Rare Earths commits to working with Australian and United States governments on developing sovereign supplies during a period of "sustained low pricing".

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Fires and floods harm kids, costing $6bn a year: report

Children who experience natural disasters are more likely to earn less and face a mood or substance use disorder, costing the economy billions per year.

Pulse to be taken on inflation, retail and home prices

A key monthly inflation indicator is expected to inch a little higher but such a result is unlikely to worry the Reserve Bank as it ponders interest rates.

Consumer guide aims to spark even more rooftop solar

A solar panel and batteries guide for consumers has been released to give households more bang for their buck and keep Australia in top spot for solar uptake.

Indigenous rights 'front and centre' in energy future

A national guide puts First Nations at the heart of clean energy development to overcome an "embarrassing" lack of respect for traditional owners in Australia.

Iron ore strength bankrolls emission-busting Fortescue

High prices and loyal Chinese demand for Fortescue Group's iron ore has delivered a stellar profit and cash pile to bankroll ambitious emission-busting plans.

Former governors want power to overrule RBA to stay

Resistance is building to the federal government's plan to scrap a never used power to intervene in Reserve Bank decision making.

Lower fares blamed for Qantas' descending profit

Qantas says fare cuts are behind a $183 million reduction in its first-half profit, as it unveils measures to enhance the on-board experience for passengers.

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