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Latest news: Economy, Business and Finance

PM declares 'no lobbying' from Qantas on Qatar decision

PM declares 'no lobbying' from Qantas on Qatar decision

Anthony Albanese says his sole conversation about a Qatar Airways proposal was not with Qantas and denies blocking it to protect the Australian airline.

Live sheep exports to be phased out in 'orderly manner'

Live sheep exports to be phased out in 'orderly manner'

Live sheep exports to be phased out in 'orderly manner'

Live sheep exports to be phased out in 'orderly manner'

Pressure is mounting on the Albanese government to set a date for the phase-out of live sheep exports, but a panel is yet to report back with a timeframe.

Pressure rises on borrowers as RBA weighs up rate call

Pressure rises on borrowers as RBA weighs up rate call

Pressure rises on borrowers as RBA weighs up rate call

Pressure rises on borrowers as RBA weighs up rate call

Australia's central bank board is tipped to leave interest rates untouched, but the pain for borrowers is not going away.

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Doctors warn of health threats from NT gas expansion

Doctors warn of health threats from NT gas expansion

A group of doctors are warning of harm to health - physical, mental and spiritual - from the development of Beetaloo gas and more processing at Darwin Harbour.

AI to rapidly disrupt Australian economy: Deloitte

AI to rapidly disrupt Australian economy: Deloitte

Tech-savvy young people are expected to drive serious transformation in the Australian economy thanks to their comfort with generative artificial intelligence.

Small firms excluded from labour hire crackdown

Small firms excluded from labour hire crackdown

Businesses too small to have a human resources department have been granted a range of exemptions from Labor's new workplace reforms.

Siblings jump on expanded home guarantee scheme

Siblings jump on expanded home guarantee scheme

Tens of thousands of first-time buyers have been able to secure a property with a smaller deposit, including groups of friends and family.

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Feds step up funding for Tas power link to the mainland

Feds step up funding for Tas power link to the mainland

Feds step up funding for Tas power link to the mainland

Feds step up funding for Tas power link to the mainland

The federal government will now shoulder a larger share of the financial burden to complete the Marinus Link energy project connecting Tasmania to the mainland.

Pause likely at Lowe's final interest rate call

Pause likely at Lowe's final interest rate call

Pause likely at Lowe's final interest rate call

Pause likely at Lowe's final interest rate call

The Reserve Bank of Australia could leave interest rates unchanged for the third month in a row, following more signs that inflation is continuing to moderate.

Latest artificial intelligence tests digital government

Latest artificial intelligence tests digital government

Latest artificial intelligence tests digital government

Latest artificial intelligence tests digital government

Artificial intelligence has been at the core of the delivery of digital government services for years but the rise of popular AI tools has raised new questions.

Meals on Wheels does more than just deliver food

Meals on Wheels does more than just deliver food

Meals on Wheels does more than just deliver food

Meals on Wheels does more than just deliver food

As Meals on Wheels marks 70 years of serving the community, the organisation is looking back on the hidden value it provides to its elderly and infirm clients.

Investors flock to Brisbane but other cities subdued

Investors flock to Brisbane but other cities subdued

Investors flock to Brisbane but other cities subdued

Investors flock to Brisbane but other cities subdued

Investor lending has jumped in Queensland but fallen in most other key states, with strong property price growth also reported in the state's capital.

Watchdog seeks record fine for Qantas cancelled flights

Watchdog seeks record fine for Qantas cancelled flights

Watchdog seeks record fine for Qantas cancelled flights

Watchdog seeks record fine for Qantas cancelled flights

The head of the consumer watchdog wants Qantas to face a fine of $250 million if a cancelled tickets case against it is successful.

Fight brews as business digs in over workplace reforms

Fight brews as business digs in over workplace reforms

Fight brews as business digs in over workplace reforms

Fight brews as business digs in over workplace reforms

Business groups have lashed out at "radical" reforms that will grant minimum pay rights to gig workers, claiming the government's proposals will drive up costs.

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Qantas jettisons flight credit deadlines, faces new row

Qantas has scrapped the expiration date for nearly $500 million in flight credits but faces more public backlash with a watchdog taking the airline to court.

Big loss renews Australia Post's open letter for reform

Australia Post has renewed a plea to update its charter after the government-owned enterprise lost $384 million delivering letters in the past financial year.

Business investment jumps 2.8pct as supply chains ease

Business investment has picked up because of solid growth across buildings, machinery and equipment, the Australian Bureau of Statistics says.

Industry flags Qantas travel credit extension

Qantas has come under pressure to extend the deadline customers would have to redeem travel credits issued during the height of the pandemic.

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Future Fund posts six per cent return, grows to $206b

The Future Fund stood at a record $206.1 billion as of June 30 after posting a six per cent annual return.

Welcome progress on inflation as rate hikes take effect

Cooler than expected inflation might have lowered the odds of an RBA rate hike, but an economist warns the price of one major item could soon rise.

Former Snowy Hydro boss shocked over cost blowout

Reports that the cost of the troubled Snowy 2.0 project has blown out to $12 billion has come as shock to a former top executive.

Corruption damages national economy: minister

Assistant Treasury Minister Andrew Leigh says corruption not only diminishes society but has a massive economic cost at a national and global level.

Senate push to force minister's hand on flight decision

The government will face a push to reveal documents pertaining to the decision to block Qatar Airways from flying extra routes after being lobbied by Qantas.

BlueScope fined record $57m for cartel conduct: ACCC

Steel manufacturing giant BlueScope has been fined a record $57 million for attempting to manipulate prices through what is known as cartel conduct.

Confidence edges higher but consumers remain wary

A pause on interest rate hikes has failed to substantially lift consumer spirits with a key index remaining below levels seen during COVID-19 lockdowns.

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