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Latest news: Economy, Business and Finance

Thrifty December cures sales-fuelled debt hangover

Thrifty December cures sales-fuelled debt hangover

Many shoppers racked up credit card bills during the November sales but the damage could have been worse given acute financial pressures.

'Nothing's in, nothing's out': RBA keeps options open

'Nothing's in, nothing's out': RBA keeps options open

'Nothing's in, nothing's out': RBA keeps options open

'Nothing's in, nothing's out': RBA keeps options open

The Reserve Bank kept interest rates on hold this month but needs to be convinced it's done enough on inflation before considering cuts to the key cash rate.

Shock at call for moratorium on 'reckless renewables'

Shock at call for moratorium on 'reckless renewables'

Shock at call for moratorium on 'reckless renewables'

Shock at call for moratorium on 'reckless renewables'

Anti-renewables activists want to protect agricultural land but the energy industry says solar and wind is future-proofing farmers and giving regions new jobs.

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BHP clinches renewable energy supply for Olympic Dam

BHP clinches renewable energy supply for Olympic Dam

A wind farm and battery system will supply BHP's Olympic Dam mine with baseload renewable energy under a deal struck with French renewable energy leader Neoen.

A decade to save for a country home as regions grow

A decade to save for a country home as regions grow

Regional Australia can look forward to more jobs and innovation, but health, housing and climate change present ongoing challenges, a landmark report says.

More jobs in regions, health and housing fall behind

More jobs in regions, health and housing fall behind

All Australian regions grew during the height of the COVID-19 pandemic and jobs have doubled. But health, housing and climate present major challenges.

Live export ship blocked from sailing to Israel

Live export ship blocked from sailing to Israel

The federal government has rejected an application to send a stranded live export ship with thousands of sheep and cattle on board back to the Middle East.

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Labour market holding up as job ad levels stabilise

Labour market holding up as job ad levels stabilise

Labour market holding up as job ad levels stabilise

Labour market holding up as job ad levels stabilise

Job ads have climbed in a sign of resilience for the labour market, with separate figures pointing to easing price pressures for struggling households.

Pilot strike at Qantas subsidiary to hit fly-in workers

Pilot strike at Qantas subsidiary to hit fly-in workers

Pilot strike at Qantas subsidiary to hit fly-in workers

Pilot strike at Qantas subsidiary to hit fly-in workers

Regional travellers and fly-in fly-out workers could face delays in WA as pilots give notice of a full-day strike amid stalled pay negotiations.

It's rubbish: TikTok MP trashes 'lazy' youth cliche

It's rubbish: TikTok MP trashes 'lazy' youth cliche

It's rubbish: TikTok MP trashes 'lazy' youth cliche

It's rubbish: TikTok MP trashes 'lazy' youth cliche

One of Australia's most-followed MPs on TikTok says older generations are too lazy and careless to show up on the platforms youth use.

Almost two in three voters back tax changes, poll shows

Almost two in three voters back tax changes, poll shows

Almost two in three voters back tax changes, poll shows

Almost two in three voters back tax changes, poll shows

Almost two in three voters back changes to tax cuts, but the ongoing debate hasn't made much difference to the popularity contest between the two major parties.

Sydney 'airport city' decades away with planning delays

Sydney 'airport city' decades away with planning delays

Sydney 'airport city' decades away with planning delays

Sydney 'airport city' decades away with planning delays

The long-awaited master plan Sydney’s newest city has been released, but industry groups and others are frustrated by the slow pace of progress.

San Fran horror raised amid fears for kids' home hopes

San Fran horror raised amid fears for kids' home hopes

San Fran horror raised amid fears for kids' home hopes

San Fran horror raised amid fears for kids' home hopes

When it comes to home ownership, the older you are and the earlier you buy, the better off you are, leaders have been told at a summit.

Pacific Green grows fleet of big batteries down under

Pacific Green grows fleet of big batteries down under

Pacific Green grows fleet of big batteries down under

Pacific Green grows fleet of big batteries down under

A British renewable energy leader plans to build one of Australia's largest battery hubs in Portland, Victoria, to help shore up the state's electricity supply.

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Rates probably on hold but all eyes on RBA governor

More interest rate hikes are broadly off the table but the Reserve Bank governor is likely to keep her options open in a big week of public appearances.

Tax talk front and centre as opposition mulls support

The first week of parliament is set to be dominated by tax talk as Labor prepares to introduce its new package and the opposition work to form a stance.

Miners demand share of tax relief to dig for net-zero

Australia has a treasure trove of critical ores but nickel and lithium producers want tax relief to get it out of the ground and into the world's electric cars.

Mining the past opens future prospects for outback city

The closure of an outback mine that birthed an Australian titan is seen by locals as an opportunity to forge a brighter future for the city and its industry.

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Ship with 16,500 animals in limbo amid export decision

A live export ship loaded with sheep and cattle has returned to port, as the federal government decides if the animals will spend another month at sea.

Perth Mint getting act together but still breaching law

A parliamentary committee has been told Perth Mint is getting its act together but continues to breach money laundering and counter-terrorism financing laws.

Home prices climb and rate cuts could fuel more growth

The Australian market is stuck between the competing forces of poor affordability and a supply demand mismatch.

Merger inks 'pit to battery' plan for vanadium ore body

The merger of Australian Vanadium and Technology Metals creates the leading ASX-listed developer of the ore used in non-flammable, long-term batteries.

Ex-NT chief Michael Gunner resigns from Fortescue role

Former Northern Territory chief minister Michael Gunner has resigned from his job leading the Andrew Forrest-led Fortescue Future Industries.

Stranded ship with 16,500 sheep, cattle berths in WA

A stranded live export ship carrying about 16,500 animals has docked at Fremantle, where it is expected to be partially offloaded before resuming its journey.

First CEO appointed to national reconstruction fund

Ivan Power has been named chief executive of the $15 billion national reconstruction fund, aimed at boosting manufacturing capability.

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