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Latest news: Economy, Business and Finance

Billionaire's $13.5m bill after Roberts-Smith's loss

Billionaire's $13.5m bill after Roberts-Smith's loss

Media mogul Kerry Stokes has been left with a $13.5 million bill after bankrolling war veteran Ben Roberts-Smith’ seven-year defamation battle.

Home scheme extension set to open more doors

Home scheme extension set to open more doors

Home scheme extension set to open more doors

Home scheme extension set to open more doors

Lifting the caps in an expanded government home-buying scheme will open the door for more first-time buyers, but it also risks fast-tracking price rises.

Nepal's PM quits as anti-corruption protests spiral

Nepal's PM quits as anti-corruption protests spiral

Nepal's PM quits as anti-corruption protests spiral

Nepal's PM quits as anti-corruption protests spiral

Nepal Prime Minister Khadga Prasad Oli has resigned as anti-government protests continue a day after 19 people died in violence triggered by a social media ban.

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'Unhinged': 4500 jobs to be slashed in bank restructure

'Unhinged': 4500 jobs to be slashed in bank restructure

A major bank's decision to cut thousands of staff has been described as "unhinged" after it recently posted a half-year cash profit of $3.6 billion.

Banks back scrapping card surcharges for consumers

Banks back scrapping card surcharges for consumers

The Australian Banking Association supports a ban on credit card surcharges for consumers but baulked at capping the fees that merchants pay card issuers.

Law to help renters escape domestic violence lease trap

Law to help renters escape domestic violence lease trap

Renters trying to escape domestic violence will encounter less red tape and financial hurdles under changes to tenancy laws designed to protect survivors.

Consumer confidence dips as households slowly recover

Consumer confidence dips as households slowly recover

Years of lost purchasing power is still weighing on Australian households as the steady recovery in consumer confidence stalled in September.

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Future Fund eclipses $250b after bumper return

Future Fund eclipses $250b after bumper return

Future Fund eclipses $250b after bumper return

Future Fund eclipses $250b after bumper return

Australia's sovereign wealth fund has delivered a strong result for financial year 2025, despite significant global economic turmoil.

Faster approvals considered in nature law overhaul

Faster approvals considered in nature law overhaul

Faster approvals considered in nature law overhaul

Faster approvals considered in nature law overhaul

A shake up of Australia's environment laws is being considered, which will determine where developments can be built and where they should be blocked.

Big business seeks new dawn for environmental laws

Big business seeks new dawn for environmental laws

Big business seeks new dawn for environmental laws

Big business seeks new dawn for environmental laws

As Anthony Albanese ties the clean energy transition to economic growth in a major speech, the business lobby is urging a streamlined project approvals process.

Retirement finances not so super for Indigenous people

Retirement finances not so super for Indigenous people

Retirement finances not so super for Indigenous people

Retirement finances not so super for Indigenous people

Indigenous people are facing a retirement disadvantage, with 65 per cent dying before reaching the age to access age pensions or superannuation.

Coal mine's generous diesel tax credits a fresh target

Coal mine's generous diesel tax credits a fresh target

Coal mine's generous diesel tax credits a fresh target

Coal mine's generous diesel tax credits a fresh target

A single coal mine could be in line for $44 million in fuel tax credits each year - money environmental campaigners would rather see in government coffers.

Growth figures, business data to dominate forecasts

Growth figures, business data to dominate forecasts

Growth figures, business data to dominate forecasts

Growth figures, business data to dominate forecasts

Unexpected economic growth will be closely watched for any hints of a cut to interest rates, ahead of key business and consumer confidence numbers

Electric road fees push sparks-up to plug fuel tax gap

Electric road fees push sparks-up to plug fuel tax gap

Electric road fees push sparks-up to plug fuel tax gap

Electric road fees push sparks-up to plug fuel tax gap

EV users are closer to paying road maintenance fees as the nation's treasurers meet to work out a way to fund a shortfall of drivers paying less excise on fuel.

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Joyce scores final multimillion-dollar Qantas payout

The long-term bonus for former Qantas boss Alan Joyce has vested, granting him a final multimillion-dollar payout following his troubled tenure.

Hot economic growth may place further rate cuts on ice

Reserve Bank governor Michele Bullock has signalled there might not be many more interest rate cuts to come after surprisingly strong economic growth.

Consumer boom drives surprise jump in economic growth

Australia's economy surpassed expectations in the last financial year, taking some urgency out of the Reserve Bank's plans to cut interest rates.

Record forecast set for Australian production

Drought has not stopped forecasters from predicting record agriculture, fisheries and forestry production, with the value set to surpass $100 billion.

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MPs demand Santos fix gas tank, leaking for 19 years

A storage tank at a major gas export hub that has emitted methane for almost two decades is causing federal government concern, sparking repair option talks.

The Reject Shop name getting rejected by Canadian owner

The new parent company of The Reject Shop plans to rebrand all its stores by 2027 and open hundreds of new ones.

Trump says India offered zero tariffs on US goods

US President Donald Trump says India should have offered to drop its tariffs to zero "years ago" and now it was "getting late" in their negotiations.

Defiant Indonesian students gather for protests

After a week of protests that turned deadly, hundreds of Indonesian students have returned to the streets despite a heavy security presence.

Xi, Putin share vision for new global order at forum

Russian President Vladimir Putin has backed China's vision for "a new system of stability and security in Eurasia" at a regional summit in Shanghai.

Veggie suppliers accused of fixing supermarket prices

An alleged vegetable cartel has been exposed, accused of fixing prices in Aldi, which one expert says could lead to greater transparency and lower prices.

Home prices continue rising amid supply-demand mismatch

Home values have grown at the fastest rate in 15 months as the mismatch between supply and demand continues driving up prices.

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