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Latest news: Economy, Business and Finance

Embattled Optus CEO resigns after fraught 18 months

Embattled Optus CEO resigns after fraught 18 months

Optus CEO Kelly Bayer Rosmarin has stepped down after a challenging 18 months marked by two of the telco giant's worst and most public disasters.

'Too permissive' merger rules eyed for reform

'Too permissive' merger rules eyed for reform

'Too permissive' merger rules eyed for reform

'Too permissive' merger rules eyed for reform

The federal government is taking a look at merger rules to ensure they are not weighing on competition and allowing firms to charge higher prices.

Low-interest loans for farmers as drought grips NSW

Low-interest loans for farmers as drought grips NSW

Low-interest loans for farmers as drought grips NSW

Low-interest loans for farmers as drought grips NSW

NSW farmers struggling with drought will be able to apply for cheap loans under a $250 million state government program.

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'Success not assured' for Aussies in clean energy race

'Success not assured' for Aussies in clean energy race

Australia's economic engine room is facing a moment of truth as rival mining nations go all out to win the clean energy minerals race, BHP warns.

Shoddy builds to face more scrutiny under wider powers

Shoddy builds to face more scrutiny under wider powers

The NSW government has granted more power to the Building Commissioner, including the ability to enter any property in the state prior to completion.

All eyes on RBA messaging for hints on rates outlook

All eyes on RBA messaging for hints on rates outlook

Public appearances from senior Reserve Bank officials should shed some light on the future outlook for interest rates as the tightening cycle nears its end.

More cash on offer for first home buyers

More cash on offer for first home buyers

The Queensland government is doubling grants to first home buyers in an effort to get thousands more people into the property market.

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Bottom-up approach to flush wet wipes from landfill

Bottom-up approach to flush wet wipes from landfill

Bottom-up approach to flush wet wipes from landfill

Bottom-up approach to flush wet wipes from landfill

Aussie mums, dads and bubs can mark World Toilet Day with the first genuinely flushable wet wipes that are plastic-free and save on landfill.

APEC leaders divided on Ukraine, Gaza, back WTO reform

APEC leaders divided on Ukraine, Gaza, back WTO reform

APEC leaders divided on Ukraine, Gaza, back WTO reform

APEC leaders divided on Ukraine, Gaza, back WTO reform

APEC members went into the US-hosted summit divided over the wars in Ukraine and Gaza and that is how they left, but they did unite behind reforming the WTO.

WA spends big to boost renewable energy

WA spends big to boost renewable energy

WA spends big to boost renewable energy

WA spends big to boost renewable energy

The Cook government will spend almost $900 million upgrading WA's main power grid and attracting renewable energy projects to the state.

WA hydrogen production hub funding as milestone reached

WA hydrogen production hub funding as milestone reached

WA hydrogen production hub funding as milestone reached

WA hydrogen production hub funding as milestone reached

Front-end engineering and design has started at a hydrogen production development, as the federal government chips in $70 million to the BP Australia project.

Bargains abound as retailers start discounting early

Bargains abound as retailers start discounting early

Bargains abound as retailers start discounting early

Bargains abound as retailers start discounting early

Financially stretched consumers will likely be taking advantage of cheaper goods as many retailers get a head start on the cyber weekend sales.

Biden tells APEC leaders US is committed to the region

Biden tells APEC leaders US is committed to the region

Biden tells APEC leaders US is committed to the region

Biden tells APEC leaders US is committed to the region

President Joe Biden has told the APEC summit the United States is 'not going anywhere' in its commitment to the Pacific region.

Indo-Pacific agreement on clean energy, anti-graft

Indo-Pacific agreement on clean energy, anti-graft

Indo-Pacific agreement on clean energy, anti-graft

Indo-Pacific agreement on clean energy, anti-graft

A US-led grouping of Indo-Pacific countries has agreed to cooperate on clean energy, anti-corruption and supply chains, but have not reached a trade pact.

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Battery economy: From 'dig-and-ship' to 'mine-and-make'

Some $2 billion in capital and other sweeteners could turn Australia from the world's quarry into a "mine-and-make''nation driving the battery supply chain.

Four in five Australian housing markets in growth mode

The rebound in home prices has reached most parts of the country although the pace of growth varies across cities and regions.

Jobs market 'defies gravity' but weakening on horizon

The unemployment rate moved higher last month but is still well below historical norms, with more jobs added to the economy than expected.

Rift between net-zero climate pledges, carbon footprint

Woodside, Chevron and Glencore have been assessed as at significant risk of "net-zero greenwash" and are urged to join the "climate ambition loop" instead.

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WA hit by east coast infrastructure 'mismanagement'

Federal funding has been cut for several transport infrastructure projects in WA, with Premier Roger Cook blaming east coast mismanagement or cost overruns.

Billions slashed from rail and road projects

Dozens of state projects have had their funding axed as the federal government scrambles to address a multi-billion dollar infrastructure cost blowout.

Qantas guilty over treatment of virus-concerned worker

A court has found Qantas guilty of breaching NSW workplace health and safety laws after it stood down a worker who raised concerns about COVID-19.

Offshore carbon capture next frontier of 'ocean abuse'

As leaders prepare for climate talks, researchers warn against relying on storing greenhouse gas emissions in depleted wells under already fragile oceans.

Lower insurance premiums possible under NSW tax change

Homeowners and businesses facing the highest insurance premiums in the nation could soon enjoy savings under a planned reform for NSW.

Tax avoidance crackdown en route after PwC scandal

Legislation is set to hit parliament that would give regulators more strength to tackle dodgy tax consultants with bigger punishments after the PwC scandal.

Growth forecasts take shine off bumper pay packets

Worker pay packets recorded the biggest quarterly jump in the history of the official wage price index survey, but annual growth is still trailing inflation.

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