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Latest news: Economy, Business and Finance

Let's work together: miners look for price stability

Let's work together: miners look for price stability

Lithium miners have been punished by a "maniacal" Chinese supply glut in recent years, boosting calls for Australian companies to band together.

US trade deficit narrows amid drop in consumer imports

US trade deficit narrows amid drop in consumer imports

US trade deficit narrows amid drop in consumer imports

US trade deficit narrows amid drop in consumer imports

The US trade deficit narrowed in June on a sharp drop in consumer goods imports.

Price floor sends rare earths shares through the roof

Price floor sends rare earths shares through the roof

Price floor sends rare earths shares through the roof

Price floor sends rare earths shares through the roof

Shares in rare earths miners are soaring as the federal government indicates its support for a taxpayer-funded minimum price for the electronics ingredients.

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Households spending on non-essentials as pressures ease

Households spending on non-essentials as pressures ease

An easing in household financial pressures is helping fuel spending with consumers forking out more on recreation, culture and food, fresh stats show.

Trump threatens steeper India tariffs over Russian oil

Trump threatens steeper India tariffs over Russian oil

US President Donald Trump has threatened to slap India with an even steeper tariff if they continue to purchase so much Russian oil.

Millions struggle to afford personal hygiene products

Millions struggle to afford personal hygiene products

More than one in eight Australians are not buying personal hygiene products because they cannot afford them, a survey shows.

Airbnb hosts say caps won't shift them to rental market

Airbnb hosts say caps won't shift them to rental market

Short-term rental hosts would be more likely to leave their properties empty than list them on the long-term rental market to aid supply, a survey shows.

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Rivers of gold pour into Kalgoorlie for mining forum

Rivers of gold pour into Kalgoorlie for mining forum

Rivers of gold pour into Kalgoorlie for mining forum

Rivers of gold pour into Kalgoorlie for mining forum

Goldminers were beaming while uranium diggers ran for cover as mining’s winners and losers took centre stage at a leading industry conference.

Climate ratings could spare buyers from risky homes

Climate ratings could spare buyers from risky homes

Climate ratings could spare buyers from risky homes

Climate ratings could spare buyers from risky homes

Star ratings for resilience and winding back electric car incentives have been flagged by the Productivity Commission in its pursuit of climate cost savings.

Global consortium has Whyalla steelworks in its sights

Global consortium has Whyalla steelworks in its sights

Global consortium has Whyalla steelworks in its sights

Global consortium has Whyalla steelworks in its sights

The ailing Whyalla steelworks is in the sights of an international consortium with deep pockets and led by Australia’s largest steelmaker.

'Not right': Australia urged to wind back tax breaks

'Not right': Australia urged to wind back tax breaks

'Not right': Australia urged to wind back tax breaks

'Not right': Australia urged to wind back tax breaks

Reforms to Australia's tax system have been politically risky, but without urgent action, home ownership could be out of reach for the nation's workers.

Upward spending trend unlikely to shift needle on rates

Upward spending trend unlikely to shift needle on rates

Upward spending trend unlikely to shift needle on rates

Upward spending trend unlikely to shift needle on rates

Splurging shoppers are unlikely to dent the chances of an August interest rate cut, with consumer data tipped to deliver an upward spending trend.

Younger Australia is facing a loneliness 'epidemic'

Younger Australia is facing a loneliness 'epidemic'

Younger Australia is facing a loneliness 'epidemic'

Younger Australia is facing a loneliness 'epidemic'

Nearly half of young Australians feel lonely, with experts warning digital life, the cost of living and lack of connection are fuelling a growing crisis.

Bull market sends mining summit back to golden age

Bull market sends mining summit back to golden age

Bull market sends mining summit back to golden age

Bull market sends mining summit back to golden age

Up-and-coming miners will hope to strike it rich as they mingle with investors and competitors at Kalgoorlie's annual Diggers and Dealers forum.

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Markets plummet as Trump issues more steep tariffs

Global markets are reeling after US President Donald Trump announced his latest slew of steep tariffs on dozens of trading partners.

Year-long inquiry into CFMEU 'thuggery' begins

A prominent industrial relations lawyer has kicked off an inquiry into allegations of criminal links and workplace harassment in a construction union.

Business lobby rejects proposed company tax overhaul

The corporate sector is rallying against calls for a new cashflow tax for businesses, while small companies would have their rate cut under the reforms.

Global demand helps push ResMed shares to record high

ResMed shares have hit an all-time high after the medical device-maker beat expectations on both revenue and profit.

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Smelter owners urged to put more on the table

The federal government has not ruled out any support measures as it calls on a mining giant to step up and save a copper smelter in regional Australia.

Trump hits dozens of countries with new tariffs

Donald Trump has set new tariffs on a wide swath of US trading partners that will test the sturdiness of American alliances built up over decades.

Nostalgia and political beef cap first sitting period

After infighting, political beef over cattle and the passage of an election promise, the 48th parliament has celebrated the end of its first sitting period.

US central bank leaves interest rates unchanged

The US central bank has left its interest rate unchanged for the fifth time this year.

Trump says US to impose 25 per cent tariff on India

US President Donald Trump says the United States will impose a 25 per cent tariff on Indian goods, citing India's tariffs and non-monetary trade barriers.

Embrace AI or suffer: Atlassian billionaire's warning

Billionaire tech founder Scott Farquhar says Australia must make changes in its laws to become a powerhouse in the region for artificial intelligence.

Star's sale of Queens Wharf entertainment hub stalled

Star Entertainment Group says it is unlikely to finalise an deal to sell its half-stake in a Brisbane entertainment complex by Thursday's deadline.

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