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Latest news: Economy, Business and Finance

Bee-killing varroa mite spreads further inland

Bee-killing varroa mite spreads further inland

A hive-destroying mite recently detected in NSW has been found 270 kilometres inland, but authorities are confident they can control the spread quickly.

PM plays down bank chief talk as rate of interest rises

PM plays down bank chief talk as rate of interest rises

PM plays down bank chief talk as rate of interest rises

PM plays down bank chief talk as rate of interest rises

Prime Minister Anthony Albanese says the government is yet to decide who will be chosen as the next Reserve Bank governor.

Australian share market soars as US inflation falls

Australian share market soars as US inflation falls

Australian share market soars as US inflation falls

Australian share market soars as US inflation falls

The local share market closed 1.6 per cent higher after weak US inflation figures raised hopes the Federal Reserve could be nearing the end of its rate cycle.

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Fadden voters are not looking at the past, says Dutton

Fadden voters are not looking at the past, says Dutton

The Liberal Party is stepping up its campaign in the Fadden by-election, with Opposition Leader Peter Dutton visiting the Gold Coast seat.

Reality descends as low-cost airline Bonza cuts routes

Reality descends as low-cost airline Bonza cuts routes

Just months after Australia's newest airline took to the skies, budget carrier Bonza is cutting five low-demand routes to improve service and reliability.

Business as usual for rich-list Forrests after split

Business as usual for rich-list Forrests after split

One of Australia’s richest couples, Andrew and Nicola Forrest, have separated, but they will continue working together on their various business interests.

Taxpayers pipe $70m into Hunter renewable hydrogen hub

Taxpayers pipe $70m into Hunter renewable hydrogen hub

Chemicals giant Orica says industrial-scale renewable hydrogen and green ammonia is within reach, and would free up domestic gas supply for households.

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Inquiry calls for shake-up of insolvency laws

Inquiry calls for shake-up of insolvency laws

Inquiry calls for shake-up of insolvency laws

Inquiry calls for shake-up of insolvency laws

A parliamentary committee is calling on the government overhaul corporate and personal insolvency laws.

Australia unable to seal EU trade deal as talks stall

Australia unable to seal EU trade deal as talks stall

Australia unable to seal EU trade deal as talks stall

Australia unable to seal EU trade deal as talks stall

Talks for a free trade deal with the EU have stalled over Australia's demands for greater access for its agricultural products into European markets.

Tesla chair urges Australia to spark more tech startups

Tesla chair urges Australia to spark more tech startups

Tesla chair urges Australia to spark more tech startups

Tesla chair urges Australia to spark more tech startups

The Australian chair of an electric vehicle giant says the nation must drive tech startups and renewable energy or risk being left behind.

Rate rises still on cards but RBA chief softens stance

Rate rises still on cards but RBA chief softens stance

Rate rises still on cards but RBA chief softens stance

Rate rises still on cards but RBA chief softens stance

The head of the Reserve Bank says more interest rate rises are possible to get inflation under control, but the July pause was appropriate.

How to make net zero happen: 'Get on with it and adapt'

How to make net zero happen: 'Get on with it and adapt'

How to make net zero happen: 'Get on with it and adapt'

How to make net zero happen: 'Get on with it and adapt'

Nuclear power is too expensive and slow to build, while offshore wind will be crucial to achieving climate and energy targets, a net zero report finds.

Alumina refinery trial swapping gas power for hydrogen

Alumina refinery trial swapping gas power for hydrogen

Alumina refinery trial swapping gas power for hydrogen

Alumina refinery trial swapping gas power for hydrogen

The federal government is contributing $32 million to a trial project swapping gas for hydrogen to power the emissions-intensive alumina refining process.

Health, wealth and security mapped in wellbeing index

Health, wealth and security mapped in wellbeing index

Health, wealth and security mapped in wellbeing index

Health, wealth and security mapped in wellbeing index

The federal treasurer wants to see Australia's economic and social objectives working together, not in opposition.

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Rates and inflation keeping clamp on consumer sentiment

The threat of more interest rate increases is weighing heavily on the minds of consumers as high inflation proves hard to dislodge.

Fugitive developer's property empire in administration

An administrator has been appointed to Toplace, the development firm of accused fraudster Jean Nassif, leaving a cloud hanging over major property developments.

WA joins AAA-rated club, despite carbon transition risk

A ratings agency has bumped the state of Western Australia to AAA and expects it to remain resilient to external shocks, helped by energy transition minerals.

'Unfair' super law costing young workers thousands

Many teenage workers are locked out of the retirement savings system and industry super funds want the laws reformed.

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Relief for tenants as rental availability frees up

Renters may be finding it a little easier to find a home as vacancy rates ease across every capital city except Brisbane.

Call to cut emissions by almost three-quarters by 2035

A jet fuel emissions trading scheme for domestic airlines and a new regime for heavy vehicles could help slash emissions more than 70 per cent by 2035.

WA's newest regional airline takes to the skies

A new airline has taken to the skies in WA offering a scheduled passenger service that links the vast Mid West, Pilbara and Kimberley regions.

Final gas code to take effect; sector warns of shortage

A finalised gas code of conduct aims to avert future price shocks for households and businesses, but producers warn urgent action is needed to boost supply.

Victorians to pay the country's most property taxes

An independent report has laid bare the extent to which both the Victorian and NSW state budgets depend on property taxes.

Few plan to spend tax returns as economy stalls

Fear of a slowing economy and direct financial pressures are weighing on taxpayers, with most planning to bank their tax returns or service debts.

ANZ leads big four on climate-aligned banking: report

ANZ is in front as Australia's "big four" move toward more responsible banking as part of a push for net-zero lending and investments by 2050, a report shows.

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