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Latest news: Economy, Business and Finance

'Back them': PM's blunt message after smelter bailout

'Back them': PM's blunt message after smelter bailout

Mining giant Glencore has been urged to invest in a struggling community after a $600 million taxpayer-funded bailout to secure hundreds of jobs at a smelter.

Soaring rents push people further from jobs, community

Soaring rents push people further from jobs, community

Soaring rents push people further from jobs, community

Soaring rents push people further from jobs, community

Australian renters are paying on average an extra $204 per week to keep a roof over their heads compared to five years ago, a nearly 44 per cent increase.

France's Macron pressed to end political 'mess'

France's Macron pressed to end political 'mess'

France's Macron pressed to end political 'mess'

France's Macron pressed to end political 'mess'

France's President Emmanuel Macron desperately needs a circuit breaker amid growing political chaos.

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Infrastructure 'key' offers to unlock regional housing

Infrastructure 'key' offers to unlock regional housing

Funding support for crucial roads, paths and drains could pave the way for more homes as the regions buckle under the weight of the housing crisis.

Consumer confidence survey to signpost spending outlook

Consumer confidence survey to signpost spending outlook

Australian households have been steadily gaining in confidence and fresh sentiment surveys could signal further growth in spending.

Work to do: net-zero jobs yet to resonate in classroom

Work to do: net-zero jobs yet to resonate in classroom

Australia is heading towards labour shortages in the clean energy transition and industry have been urged to step up to inspire the next generation of workers.

'Pivotal': major update on $4.8b renewables project

'Pivotal': major update on $4.8b renewables project

A project expected to advance Australia's transition to clean energy has taken a step forward, despite years of criticism from farmers and environmental groups.

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AGL chair defends big payment to injured predecessor

AGL chair defends big payment to injured predecessor

AGL chair defends big payment to injured predecessor

AGL chair defends big payment to injured predecessor

AGL chairman Miles George says his predecessor Patricia McKenzie suffered serious injuries during a 2023 site visit, but has declined to give further details.

Trump uses government shutdown to dole out revenge

Trump uses government shutdown to dole out revenge

Trump uses government shutdown to dole out revenge

Trump uses government shutdown to dole out revenge

President Donald Trump is mulling “temporary or permanent” spending cuts that could set up a lose-lose dynamic for Democratic politicians.

Spending rebound staggers as Aussies kick booze, smokes

Spending rebound staggers as Aussies kick booze, smokes

Spending rebound staggers as Aussies kick booze, smokes

Spending rebound staggers as Aussies kick booze, smokes

Strong growth in household spending earlier this year is unlikely to be matched, which could ease Reserve Bank fears of a return of inflation pressures.

Major change to IVF treatments for donors and families

Major change to IVF treatments for donors and families

Major change to IVF treatments for donors and families

Major change to IVF treatments for donors and families

Families involved in an IVF bungle will be permitted to continue their treatment after a provider was found to be exceeding a donor limit.

Telco skips company tax as large businesses step up

Telco skips company tax as large businesses step up

Telco skips company tax as large businesses step up

Telco skips company tax as large businesses step up

The big businesses paying the most and the least tax have been revealed, as a record low number of large companies are found to be avoiding tax.

BHP cops $5b value hit on talk of China trade blockade

BHP cops $5b value hit on talk of China trade blockade

BHP cops $5b value hit on talk of China trade blockade

BHP cops $5b value hit on talk of China trade blockade

Reports China is halting iron ore shipments from BHP have weighed on the world's biggest miner, but experts say any stoush over prices should be short-lived.

Cup Day rate cut in doubt as RBA nears final straight

Cup Day rate cut in doubt as RBA nears final straight

Cup Day rate cut in doubt as RBA nears final straight

Cup Day rate cut in doubt as RBA nears final straight

The odds are lengthening on an interest rate cut on Melbourne Cup Day, as the Reserve Bank adopts a hawkish tone and inflation steps up the pace.

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Drone-zapping firm shooting lights out on stock market

DroneShield's shares are up nearly sixfold so far in 2025, but that doesn't hold a candle to the gains of one Sydney-headquartered mining company.

Low rates, supply squeeze create home price rise mayhem

The great Australian dream of property ownership continues to resemble a nightmare for many buyers as prices surge and the supply of homes dwindles.

China to halt BHP iron ore cargoes during price talks

China’s state-run iron ore buyer has told the country's steelmakers and traders to temporarily halt purchases of all new BHP cargoes.

'Scapegoating' Optus blames tech, staff for outages

Optus has blamed technical equipment and human error for two emergency call outages as the prime minister pans the telco for its "unacceptable" failures.

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Networks join forces to create $416m media monolith

A $416 million merger between the owner of Australia's most popular TV network and the country's biggest radio broadcaster has ignited their share prices.

Rates on hold amid Reserve Bank inflation worries

Borrowers have been denied surprise mortgage relief by the Reserve Bank, which left rates on hold after hotter-than-expected inflation figures.

Sad day as refinery's closure to hit jobs and community

Hundreds of workers will lose their jobs as alumina giant Alcoa permanently shuts a 60-year-old refinery that served as a cornerstone of the community.

Stokes rides towards sunset after rags-to-riches career

At age 85, Kerry Stokes might finally be ready to call it a day, bringing to an end one of Australian media's most eventful careers.

Trump plans 100 per cent tariff on foreign-made movies

Months after US President Donald Trump first teased plans to impose trade levies on all foreign movies, he announces the tariffs will be 100 per cent.

AI deployed to flush out business conspiracies

Companies teaming up when bidding for more than $42 billion worth of public work have been warned as the consumer watchdog sets AI on collusive behaviour.

'Unacceptable': second triple-zero Optus outage slammed

A second Optus triple-zero outage in as many weeks has raised the ire of a premier as calls mount for the government to empower regulators rather than telcos.

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