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Latest news: Economy, Business and Finance

EU puts countermeasures on hold after US tariff pause

EU puts countermeasures on hold after US tariff pause

US President Donald Trump abruptly backed down on his tariffs for most nations for 90 days, but has doubled-down on his tax rates for Chinese imports.

Booming hobby a treasure trove for collectable devotees

Booming hobby a treasure trove for collectable devotees

Booming hobby a treasure trove for collectable devotees

Booming hobby a treasure trove for collectable devotees

Passion for trading cards, coins and other choice collectables has built fortunes big and small for millions of Australians, a new report suggests.

Australia looks to Asia, Europe amid US tariff turmoil

Australia looks to Asia, Europe amid US tariff turmoil

Australia looks to Asia, Europe amid US tariff turmoil

Australia looks to Asia, Europe amid US tariff turmoil

The prime minister has talked up regional opportunities as his government seeks to dispel fears of a recession following a tariff-induced market meltdown.

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Deal or no deal: Greens leader bristles at Labor claim

Deal or no deal: Greens leader bristles at Labor claim

The "penny is dropping" for Labor and the coalition that minor parties and independents can't be brushed aside, Greens leader Adam Bandt says.

Albanese beats drum on economy as trade clouds gather

Albanese beats drum on economy as trade clouds gather

Fresh off a narrow debate victory, the prime minister has embraced the sights and sounds of Chinatown while spruiking the economy.

State rewiring energy future as project blows out again

State rewiring energy future as project blows out again

Emissions reduction targets will be scrapped and gas exploration expanded under proposals by Queensland's government to rewire its energy future.

China vows to 'fight to the end' over US tariffs threat

China vows to 'fight to the end' over US tariffs threat

"The US ... threat to escalate tariffs against China is a mistake on top of a mistake ... again exposing the American side's blackmailing nature," China says.

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Risks of recession casts shadow over leaders' debate

Risks of recession casts shadow over leaders' debate

Risks of recession casts shadow over leaders' debate

Risks of recession casts shadow over leaders' debate

As economic headwinds emerge after US-imposed tariffs, Anthony Albanese and Peter Dutton are vying to lay claim to being the best bet to deal with them.

Workers win big as US giant grants Star casino's wish

Workers win big as US giant grants Star casino's wish

Workers win big as US giant grants Star casino's wish

Workers win big as US giant grants Star casino's wish

An international gaming giant has ventured across the world to save the flailing Star casinos after the company came close to entering administration.

Trump threatens more China tariffs as markets plunge

Trump threatens more China tariffs as markets plunge

Trump threatens more China tariffs as markets plunge

Trump threatens more China tariffs as markets plunge

Financial markets across the globe have posted a third day of losses as investors worried that steep US trade barriers could lead to a recession.

Asia stocks plunge, HK suffers steepest fall since 1997

Asia stocks plunge, HK suffers steepest fall since 1997

Asia stocks plunge, HK suffers steepest fall since 1997

Asia stocks plunge, HK suffers steepest fall since 1997

Asian and European shares have plunged as US tariffs and China's backlash send world markets into meltdowns.

'Economic bullying': China hits out at US protectionism

'Economic bullying': China hits out at US protectionism

'Economic bullying': China hits out at US protectionism

'Economic bullying': China hits out at US protectionism

China's foreign affairs spokesman says the US tariffs are "a typical act of unilateralism, protectionism and economic bullying".

US tariff 'medicine' causes turmoil in global markets

US tariff 'medicine' causes turmoil in global markets

US tariff 'medicine' causes turmoil in global markets

US tariff 'medicine' causes turmoil in global markets

As global financial markets plunge, sparking fears of a global trade war and recession, Donald Trump has doubled down on administering US tariff "medicine".

RBA governor expected to address tariff impacts

RBA governor expected to address tariff impacts

RBA governor expected to address tariff impacts

RBA governor expected to address tariff impacts

As the dust settles on Donald Trump's 'liberation day' tariff dump, a speech by Reserve Bank governor Michele Bullock will be closely scrutinised.

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US tariffs start as Trump hails 'economic revolution'

A baseline 10 per cent levy announced by US President Donald Trump has begun being collected at ports of entry across the United States.

Port becomes political football but is 'not for sale'

A major port leased to a Chinese company is in the sights of a takeover as the coalition and Labor flag plans for it to be brought back into Australian hands.

US stocks savaged as China hits back in trade war

Markets have tumbled in Wall Street’s worst crisis since the COVID-19 pandemic as investors fled after China retaliated against US tariffs.

China hit brakes on TikTok deal after Trump's tariffs

US President Donald Trump says he is signing an executive order to keep TikTok running in the United States for another 75 days.

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Tariff risks US market crash for humble Aussie wines

Wine industry figures say the new US tariffs will increase costs throughout the supply chain and risk bulk American wine replacing affordable Australian drops.

China retaliates in global trade war with tariffs on US

Beijing is slapping levies on all US products in retaliation to President Donald Trump as his tariffs rock world markets and fuel fears of a global downturn.

US trade war may force all-out assault with rate cuts

An escalating trade war has slashed the odds of interest rate cuts for Australian mortgage-holders, including a potential mega cut weeks after the election.

Work on TikTok deal in a good place: US vice president

US Vice President JD Vance says a deal for non-Chinese ownership of TikTok will emerge before a weekend deadline.

Trump's sweeping tariffs stoke a global trade war

US President Donald Trump's across-the-board tariffs have provoked threats of retaliation and sparked fears about their impact on the global economy.

Australia records rare US trade surplus on tariff day

The treasurer has ordered new modelling into the impact of Donald Trump's tariffs, as Australia boasts a temporary trade surplus with the United States.

Residents pay price for cheap, climate-exposed homes

Homes are cheapest to build in the least climate-resilient zones and potentially expose residents to higher air-conditioning and transport costs.

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