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Latest news: Economy, Business and Finance

Early days for lithium as colts vie for talent, ports

Early days for lithium as colts vie for talent, ports

Australia is urged to be bold in the race for high-purity lithium for electric cars and clean energy, as veterans and newcomers jostle for capital and ports.

Inflation fight not over but RBA's confidence growing

Inflation fight not over but RBA's confidence growing

Inflation fight not over but RBA's confidence growing

Inflation fight not over but RBA's confidence growing

The chances of bringing inflation down without dealing massive damage to the labour market are improving, says the head of the Reserve Bank.

RBA backs supply, not rent controls, to ease price pain

RBA backs supply, not rent controls, to ease price pain

RBA backs supply, not rent controls, to ease price pain

RBA backs supply, not rent controls, to ease price pain

The Reserve Bank governor says the focus should be on planning and zoning reforms to bring on new supply rather than short-term fixes to housing challenges.

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Investor delight as Star casino gets $310m tax break

Investor delight as Star casino gets $310m tax break

A decision to delay a tax hike on Sydney's biggest casino to ward off closure has raised questions about NSW's priorities amid a cost-of-living crisis.

Super fund allegedly 'greenwashed' investments

Super fund allegedly 'greenwashed' investments

An Australian super fund is facing serious legal action for allegedly "greenwashing" investments, which include a Russian state-owned oil and gas company.

'Perfect storm': insolvency surge threatens businesses

'Perfect storm': insolvency surge threatens businesses

The Australian Taxation Office and other creditors pose the biggest threat to cash-strapped businesses facing an insolvency "surge", an organisation says.

Don't blame migration for housing mess, business says

Don't blame migration for housing mess, business says

The Business Council of Australia says it's disingenuous to brand a temporary rebalancing of Australia's migration inflows as a "big Australia" policy.

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Aussie winemakers are hoping to raise a glass to China

Aussie winemakers are hoping to raise a glass to China

Aussie winemakers are hoping to raise a glass to China

Aussie winemakers are hoping to raise a glass to China

Australian grape and wine producers are optimistic that hefty tariffs will be scrapped on wine exported to China, after imposts on barley were removed.

AMP pauses capital return program after court loss

AMP pauses capital return program after court loss

AMP pauses capital return program after court loss

AMP pauses capital return program after court loss

Financial services company AMP is pausing the third and final phase of a capital return program as it waits to determine what a Federal Court loss will cost it.

Debt 'solvers' accused of leaving clients' bills unpaid

Debt 'solvers' accused of leaving clients' bills unpaid

Debt 'solvers' accused of leaving clients' bills unpaid

Debt 'solvers' accused of leaving clients' bills unpaid

Debt management company Solve My Debt Now has been accused of being little more than a name, allegedly making many people's financial hardship worse.

Yindjibarndi entitled but questions remain over compo

Yindjibarndi entitled but questions remain over compo

Yindjibarndi entitled but questions remain over compo

Yindjibarndi entitled but questions remain over compo

The Fortescue Metals Group says the native title holders of land it's mining in WA's Pilbara are entitled to compensation, but questions how and how much.

Competition heavyweight to head up price-gouging probe

Competition heavyweight to head up price-gouging probe

Competition heavyweight to head up price-gouging probe

Competition heavyweight to head up price-gouging probe

Unions have set up an inquiry led by a former consumer watchdog chair to find out if price gouging is common and what can be done about it.

Mines minister fronts industry after backflip on law

Mines minister fronts industry after backflip on law

Mines minister fronts industry after backflip on law

Mines minister fronts industry after backflip on law

Trust has not been broken between Western Australians and the government on heritage laws, nor is the Perth Mint a money launderer, the mining minister insists.

Uni body warns $7b at risk without more graduates

Uni body warns $7b at risk without more graduates

Uni body warns $7b at risk without more graduates

Uni body warns $7b at risk without more graduates

The head of Universities Australia says more tertiary degrees are essential to address the nation's skills shortages.

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Advent buys Aussie fashion brand Zimmermann in $1b deal

Advent International has acquired a majority stake in Australian fashion label Zimmermann in a deal worth $US1 billion ($A1.5 billion).

Up to 250,000 workers could get electric car discount

A change to small business software could help thousands more Australian workers access tax cuts on electric vehicles.

Vanadium could be the next lithium for big battery tech

Australia holds a third of the world's vanadium, an element that's key to a kind of battery that may be the answer to the long-term storage of energy.

Miners at odds with farmers on cultural heritage laws

A key mining figure has urged the industry to embrace the voice, at a forum where there was also surprise at WA's scrapping of cultural heritage laws.

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Lingering price pressures plaguing businesses

Cost pressures continue to haunt businesses and are still flowing through to a higher cost of living for households.

First mover or fast follower, mining in a race to adapt

Australian battery minerals and base metals producers are determined to move up the value chain, whether on team US or for China and its mega-factories.

Yindjibarndi compo claim is misconceived, court told

The Federal Court has been told a claim for compensation from the Yindjibarndi for mining on their land has been misconceived.

Lynas in the pink with best rare earths outside China

Lynas Rare Earths CEO Amanda Lacaze chuckles when Western governments get indignant about China's dominance in the sector, because its goal was never a secret.

Subsidies push to help tackle climate insurance crisis

Low-income households are bearing the brunt of a disastrous legacy of building homes in the firing line of a changing climate, a consumer group says.

Motorists paying more for fuel as oil supplies tighten

Motorists are being urged to shop around to find the best deals with fuel prices rising as oil supply constraints collide with strong demand.

Miners dig in for latest bonanza amid global change

Change can be daunting and mining bosses are facing it on all fronts as thousands gather in Australia's largest outback city for an industry forum.

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