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Latest news: Economy, Business and Finance

Tech boom driving corporate C-suite expansion

Tech boom driving corporate C-suite expansion

Australian firms are adding a relatively new role to their top executive line-ups as they adapt to one of the biggest technological disruptions in history.

Shares soar as inflation surprise staves off rate hike

Shares soar as inflation surprise staves off rate hike

Shares soar as inflation surprise staves off rate hike

Shares soar as inflation surprise staves off rate hike

Healthcare stocks have led a broad-based ASX rally, after economic figures indicated the Reserve Bank wouldn't need to lift interest rates in August.

Surprise inflation drop eases chance of RBA rate hikes

Surprise inflation drop eases chance of RBA rate hikes

Surprise inflation drop eases chance of RBA rate hikes

Surprise inflation drop eases chance of RBA rate hikes

Inflation figures have come in under the Reserve Bank's predictions, but some economists warn they might not paint a true picture.

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Sacked, struggling Qantas staff still wait for payments

Sacked, struggling Qantas staff still wait for payments

Legal delays have prevented workers who were sacked by Australia's largest airline from receiving their share of a small fortune in compensation payments.

Shoddy bank record-keeping hits savers as scammers lurk

Shoddy bank record-keeping hits savers as scammers lurk

Many Australian banks are flying blind when customers ask them to confirm the details of mortgage offset accounts, leaving thousands of borrowers at risk.

Migration plummets from post-pandemic record highs

Migration plummets from post-pandemic record highs

Political debate continues to rage over migration levels but latest analysis shows the number of arrivals has plunged since borders reopened following COVID.

'Build resilience': refinery touted but discount to end

'Build resilience': refinery touted but discount to end

A study will examine locations for what would be the first refinery to be built in Australia since the 1960s, as a cut to the fuel excise is set to end.

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Shares bounce as RBA speech sparks rate outlook reprice

Shares bounce as RBA speech sparks rate outlook reprice

Shares bounce as RBA speech sparks rate outlook reprice

Shares bounce as RBA speech sparks rate outlook reprice

The ASX has clutched victory from the hands of defeat, as markets softened their interest rate outlook after a speech from Australia's top central banker.

Major 'green' smelter ineligible for renewable credits

Major 'green' smelter ineligible for renewable credits

Major 'green' smelter ineligible for renewable credits

Major 'green' smelter ineligible for renewable credits

A major aluminium smelter, which has a quickly approaching deadline to lock-in a long-term electricity deal, won't be able to rely on green credit help.

Energy giant took weeks to respond to major data breach

Energy giant took weeks to respond to major data breach

Energy giant took weeks to respond to major data breach

Energy giant took weeks to respond to major data breach

Almost one million Origin Energy customers are being warned about potential scam activity after their data was leaked in a suspected hack.

'Too high': RBA rates warning as inflation fears flare

'Too high': RBA rates warning as inflation fears flare

'Too high': RBA rates warning as inflation fears flare

'Too high': RBA rates warning as inflation fears flare

The Reserve Bank governor says interest rates may need to go higher, as Australia's weak productivity problem locks households in for lower living standards.

Oil slips, shares surge as Persian Gulf conflict pauses

Oil slips, shares surge as Persian Gulf conflict pauses

Oil slips, shares surge as Persian Gulf conflict pauses

Oil slips, shares surge as Persian Gulf conflict pauses

Oil prices have started the week sharply lower, boosting local equities as investors lean into signs the US and Iran could be seeking a diplomatic solution.

Hard sell for retail giant as consumers tighten belts

Hard sell for retail giant as consumers tighten belts

Hard sell for retail giant as consumers tighten belts

Hard sell for retail giant as consumers tighten belts

Households are clamping down on spending even more as financial uncertainty deepens, hitting sales at a leading Australian retailer.

Casino group still in the red as licence issues weigh

Casino group still in the red as licence issues weigh

Casino group still in the red as licence issues weigh

Casino group still in the red as licence issues weigh

Star Entertainment group is still talking to regulators and state governments over its gaming floor licence woes, after reporting another quarterly loss.

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Drivers warned not to expect extended fuel excise cut

Anthony Albanese has indicated further price relief at the bowser is unlikely after an excise discount wraps up.

Rate watchers eye inflation data and RBA chief's speech

Economists from some of the nation's biggest banks are expecting the RBA board to hold rates at its upcoming meeting, as crucial inflation data is set to drop.

Fuel supply secure despite price alert as war grinds on

The nation's fuel supply remains secure despite the war in Iran but motorists should brace for rising prices as experts warn of extensive economic impacts.

Non-stop flight from Europe touches down in Australia

"G'day, welcome to Melbourne": French airline crew have touched down in Australia after an historic 19-hour test flight.

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Aussie shares post worst day in a month as oil soars

Mining stocks have dragged on the local stock exchange as geopolitical conflicts continue to drive energy prices higher, darkening the global growth outlook.

Aussie fashion brand ships manufacturing offshore

A cult fashion brand will shift its Australian manufacturing overseas after years of making clothes with both local and overseas producers.

'Ludicrous' US levy slammed for free-trade deal breach

Australian businesses have reacted angrily to the Trump administration's higher tariffs on the nation's exports, as Canberra vows to push for their removal.

Gold miner shrugs off earthquake's impact on production

Earthquakes in eastern Australia took some of the shine off first-half production for the world's biggest gold miner, as it continues to watch fuel prices.

Judge pauses Paramount-Warner Bros deal until August

Paramount Skydance says a delay in its proposed merger with Warner Bros Discovery could cost it more than $US1 billion.

Higher rates and pricey petrol as economic outlook dims

Australian bonds traders are fully pricing in another Reserve Bank rate hike by the end of the year after a surprisingly strong rise in employment in June.

EU slaps $1.4b fine on Google over app store and search

Google has been fined by the European Union for breaking digital antitrust regulations, copping a $1.4 billion penalty over its Play app store and search.

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