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Latest news: Economy, Business and Finance

Rates to lift if inflation outlook in jeopardy: RBA

Rates to lift if inflation outlook in jeopardy: RBA

The Reserve Bank "won't hesitate" to raise interest rates further if inflation forecasts come in higher than expected, the central bank's governor says.

Belgian royal holds spotlight on human rights in trade

Belgian royal holds spotlight on human rights in trade

Belgian royal holds spotlight on human rights in trade

Belgian royal holds spotlight on human rights in trade

Princess Astrid of Belgium has continued her visit to Australia, part of her nation's first economic mission here in more than 10 years.

New airport brings chat-pausing noise to thousands

New airport brings chat-pausing noise to thousands

New airport brings chat-pausing noise to thousands

New airport brings chat-pausing noise to thousands

Noise from the new Western Sydney Airport won't force the acquisition of nearby properties but dozens will be eligible for free home insulation to dull sound.

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Microsoft invests $5b in Aussie cyber shield, AI future

Microsoft invests $5b in Aussie cyber shield, AI future

The prime minister's visit to the United States has unlocked a $5 billion deal with tech giant Microsoft to build a cyber shield and upskill Australians.

Tassie next in line for potential offshore wind bonanza

Tassie next in line for potential offshore wind bonanza

A local community is being urged to have its say on a potential offshore wind zone in the Bass Strait off Tasmania's north coast.

NSW keeps triple-A credit rating despite rising debt

NSW keeps triple-A credit rating despite rising debt

Ratings agency Moody's has reaffirmed its top credit rating for NSW as the state budget plunges further into the red.

Call to build homes to defy climate, save $4b a year

Call to build homes to defy climate, save $4b a year

As floods, cyclones and bushfires become more ferocious, costs to home-owners could double by 2050 without changes to the construction code, an analysis shows.

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Spike in petrol prices adding to inflation pain

Spike in petrol prices adding to inflation pain

Spike in petrol prices adding to inflation pain

Spike in petrol prices adding to inflation pain

Australian motorists should not expect fuel price relief any time soon due to a weak exchange rate and volatile oil markets

Expanded paid parental leave hinges on room in budget

Expanded paid parental leave hinges on room in budget

Expanded paid parental leave hinges on room in budget

Expanded paid parental leave hinges on room in budget

The national paid parental leave scheme could be extended beyond 26 weeks as the government considers ways to close the economic gaps between men and women.

Albanese-Biden to turn AUKUS vision into reality

Albanese-Biden to turn AUKUS vision into reality

Albanese-Biden to turn AUKUS vision into reality

Albanese-Biden to turn AUKUS vision into reality

Prime Minister Anthony Albanese will use his official visit to Washington to turn the AUKUS vision of nuclear-powered submarines into a reality.

Australia catching up with world on sustainable finance

Australia catching up with world on sustainable finance

Australia catching up with world on sustainable finance

Australia catching up with world on sustainable finance

An independent progress tracker shows Australia is no longer a laggard on sustainable finance as it rapidly catches up with consumer and investor expectations.

Fresh records for renewables but fears linger for bills

Fresh records for renewables but fears linger for bills

Fresh records for renewables but fears linger for bills

Fresh records for renewables but fears linger for bills

Renewable energy is setting records and wholesale energy prices are returning to normal, but federal Labor is warning of bill shock if the rollout is delayed.

Australians resorting to theft amid high cost-of-living

Australians resorting to theft amid high cost-of-living

Australians resorting to theft amid high cost-of-living

Australians resorting to theft amid high cost-of-living

As cost-of-living pressures put household budgets under stress, millions of people are resorting to stealing to get the basic necessities of life.

Businesses urged to step up for disability inequality

Businesses urged to step up for disability inequality

Businesses urged to step up for disability inequality

Businesses urged to step up for disability inequality

With inequality persisting for Australians living with disabilities, businesses are being urged to do their part and create more inclusive workplaces.

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Putting food on the table getting harder as costs soar

More than a third of Australian households are struggling with food insecurity and that includes many people who are working in mid-to-high earning jobs.

Middle East conflict could lead to higher petrol prices

Australians could be facing higher petrol prices as the conflict in the Middle East escalates, Treasurer Jim Chalmers has warned.

Fingers crossed for soft enough inflation numbers

Inflation has passed its peak and quarterly data will indicate if prices have been decelerating fast enough for the Reserve Bank to keep interest rates on hold.

Residents returning to homes after Qld bushfires threat

People who fled a fire at Beerwah have been told they can return, as grants are announced for those impacted by a fire still burning near Gladstone.

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Port of Darwin lease won't be cancelled after review

A controversial 99-year lease held by a Chinese company on the Port of Darwin won't be cancelled or varied, following a federal government review.

Business travel to China lifts off amid tariff talks

Businesses hope a breakthrough in Chinese sanctions on Australian exports is near as corporate travel bookings between Australia and China ramp up.

Harder to claim climate-friendly consumer credentials

Consumers should be able to trust a long-running federal scheme that certifies "carbon neutral" claims by companies and organisations, federal Labor says.

WA premier 'disappointed' Alcoa could close refinery

Western Australia's premier is "disappointed" US giant Alcoa told investors it could close an alumina refinery near Perth after assuring government it wouldn't.

Jobs market 'softens around the edges' after rate rises

The unemployment rate has fallen to 3.6 per cent from 3.7 per cent, according to official data, after a modest 7000 jobs were added to the economy.

Reserve Bank of Australia records $6b loss for 2022/23

The Reserve Bank of Australia has reported a loss of $6 billion for 2022/23, including valuation losses from higher bond yields.

High Court's EV ruling may pull the plug on other taxes

A High Court decision to rule Victoria's electric vehicle tax constitutionally invalid could leave similar levies vulnerable to legal challenge.

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