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Latest news: Economy, Business and Finance
Equity fund on stand-by to put federal billions to work
The promised $15 billion National Reconstruction Fund has had its first board meeting but could be years away from writing its first cheque without expert help.
Sep 19, 2023
Banks 'cold and unhelpful' as they desert rural areas
Face-to-face banking is part of the social fabric in Tasmania's regions, which have ageing populations and low levels of literacy, an inquiry has been told.
Sep 19, 2023
More homes put up for sale as property rebound sets in
The spring selling season looks to have started early, with national listings surging more than 20 per cent in the last month of winter.
Sep 18, 2023
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Petrol price surge further stretches household budgets
Motorists have been hit in the hip pocket by petrol price rises and the latest spike may put a dent in the Reserve Bank's fight against inflation.
Sep 18, 2023
Insurance 'under pressure' from extreme weather events
Australia's top insurers are heading to Europe for talks to tackle a widening "protection gap" as more frequent severe weather brings a heavy toll worldwide.
Sep 18, 2023
Scrutiny adds to headwinds for sustainable investment
Sustainability considerations are being hardwired into financial market law and Australian fund managers will need to lift their game, an expert report finds.
Sep 18, 2023
After chatbots for homework, codebots for life choices
Machines doing maths homework are unlikely to take over the world, but life-changing decisions based on computer code are a challenge for society, experts warn.
Sep 16, 2023
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Wages lag productivity in mining, agriculture: study
Workers in two major industries industries have not been enjoying a fair share of productivity gains in the past decade, an independent commission says.
Sep 15, 2023
Switch to renewables 'messed up' despite clean ambition
Industry leaders have told Australian governments to "go harder" to expand solar and battery energy production or risk missing key goals.
Sep 15, 2023
PM urges renewables shift or risk being left behind
The prime minister has told industry leaders they must move towards renewables or watch as the world passes Australia by.
Sep 15, 2023
Australia to steer global climate adaptation framework
Climate adaptation will be a critical part of the first stocktake of global progress since the Paris Agreement, with Australia invited to lead negotiations.
Sep 14, 2023
Stranded luxury cruise ship pulled free in Greenland
The luxury Ocean Explorer cruise liner stranded in Greenland with 206 people onboard - including 90 Australians - has been pulled free at high tide.
Sep 14, 2023
Unexpected jobs surge leaves unemployment figure steady
Higher interest rates are yet to make a serious dent in Australia's jobs market, with a larger-than-expected surge in employment recorded.
Sep 14, 2023
Female tech founders a $44b opportunity ready to bloom
Regional Australia presents a huge opportunity for technology and innovation, especially if women and young people are better engaged.
Sep 14, 2023
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Call for tax to stop exports of emissions, jobs to Asia
Net-zero tsar Greg Combet has put Australia on a post-war footing for the massive task of decarbonising the economy but business leaders are more realistic.
Sep 14, 2023
Union boss issues warning after Qantas court decision
Australian businesses have been warned unions are ready to mobilise against unfair work conditions after a High Court ruling against Qantas.
Sep 14, 2023
Homes too chilly and mouldy during winter, renters say
Requiring landlords to install efficient heaters and ceiling insulation could keep renters healthy and homes free of mould, a tenant organisation recommends.
Sep 13, 2023
Consumers in pain but find Matildas and movie money
An influx of university students, Matildas fever and surging petrol prices have kept consumer spending expanding even as household budgets take a hammering.
Sep 13, 2023
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Support for fossil fuel firms to pay for climate damage
Most Australians want coal, oil and gas companies profiting amid a climate crisis to pay for the damage they are causing, a survey shows.
Sep 13, 2023
Feds 'playing catch-up' on use of ChatGPT in schools
Australia could build a version of ChatGPT for schools to avoid bogus Internet-derived information being used by students and teachers, an inquiry hears.
Sep 13, 2023
Rent squeeze leaving Australians 'stuck' in the regions
New regional residents will need good jobs, decent pay and safe communities to stay in the bush for good, a conference has been told.
Sep 13, 2023
Insurers demand action on risks to stay above water
The financial hit from catastrophes may have dropped over the past 12 months but insurance premiums keep rising, an industry report shows.
Sep 12, 2023
Crossbenchers fire up over support for first responders
The inclusion of changes to protect first responders and domestic violence survivors in Labor's workplace bill has been labelled a "cynical ploy".
Sep 12, 2023
Businesses trundling along, despite consumer caution
Australian businesses are still faring relatively well but consumers remain fearful, despite the interest rate hiking cycle drawing to a close.
Sep 12, 2023
Biggest super fund 'engaged' with Woodside over climate
A leading investor rejects allegations of "greenwashing" over its support for three Woodside Energy directors, including resources stalwart Ian Macfarlane.
Sep 12, 2023
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