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The Latest News from economy, business and finance

TikTok stops working for US users as ban takes effect

TikTok stops working for US users as ban takes effect

A TikTok ban imposed on 170 million American users has taken effect as app stores pull the popular social video platform from their offerings in the US.

World economy holds breath on eve of Trump inauguration

World economy holds breath on eve of Trump inauguration

World economy holds breath on eve of Trump inauguration

World economy holds breath on eve of Trump inauguration

Australian home building data will be scrutinised for signs of progress on housing supply as economists await Donald Trump's first policies as US president.

Ways for consumers to put the 'sun tax' in the shade

Ways for consumers to put the 'sun tax' in the shade

Ways for consumers to put the 'sun tax' in the shade

Ways for consumers to put the 'sun tax' in the shade

Experts share their tips on how households can avoid the network "sun tax" and get more bang for their solar buck as once-generous tariffs come to an end.

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Parents urged to help close gender gap in technology

Parents urged to help close gender gap in technology

A new gap-year program hopes to create systemic change in the technology and e-commerce sectors by helping to close the gender gap.

Road funds part of $18b spend on suburban 'engine room'

Road funds part of $18b spend on suburban 'engine room'

A critical pipeline will be upgraded to get workers and tourists in and out of a major new airport and create an "engine room for economic growth".

Gas heavyweight a step closer to new powers

Gas heavyweight a step closer to new powers

A former gas company executive will play a key role under new powers to accelerate economic projects and override existing protections.

Australia warned to get productive or be left behind

Australia warned to get productive or be left behind

Fault lines are widening between economic performance of nations and a global body warns Australia risks being left behind if it fails to improve productivity.

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Tourism, wool exporters to win from China stimulus lift

Tourism, wool exporters to win from China stimulus lift

Tourism, wool exporters to win from China stimulus lift

Tourism, wool exporters to win from China stimulus lift

China's economy is set to slow as high debt and sluggish productivity weigh on investment and spending, but stimulus measures could boost Australian exporters.

Why the RBA should rethink key inflation assumption

Why the RBA should rethink key inflation assumption

Why the RBA should rethink key inflation assumption

Why the RBA should rethink key inflation assumption

The strength of Australia's labour market has kept the Reserve Bank from cutting interest rates but growing evidence suggests it's not as crucial as thought.

Strong jobs growth data deflates February rate cut hope

Strong jobs growth data deflates February rate cut hope

Strong jobs growth data deflates February rate cut hope

Strong jobs growth data deflates February rate cut hope

A very healthy jobs market is not adding to the case for a February interest rate cut, with all eyes turning to inflation data due in coming weeks.

Surge in number of Australians seeking debt help

Surge in number of Australians seeking debt help

Surge in number of Australians seeking debt help

Surge in number of Australians seeking debt help

Australians are struggling with the mounting cost of living, with the National Debt Helpline fielding a significant increase in calls.

Aussie brilliance attracts backers in race for quantum

Aussie brilliance attracts backers in race for quantum

Aussie brilliance attracts backers in race for quantum

Aussie brilliance attracts backers in race for quantum

Deep tech and semiconductor investors are bankrolling a homegrown leader in diamond-based quantum technology that could save the world time and energy.

Buyer's market: 2025 to bring relief to home buyers

Buyer's market: 2025 to bring relief to home buyers

Buyer's market: 2025 to bring relief to home buyers

Buyer's market: 2025 to bring relief to home buyers

A major pullback in house price rises has not stopped the market from extending its growth streak to eight consecutive quarters.

Light-bulb moment on clean energy yet to come for many

Light-bulb moment on clean energy yet to come for many

Light-bulb moment on clean energy yet to come for many

Light-bulb moment on clean energy yet to come for many

Renewable energy has been powering Australia for decades but a lack of public awareness has allowed furphies to fester ahead of a vital election, experts warn.

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Experts put money on early rate cut as spending slides

A decline in spending on household goods has bolstered hopes of an RBA rate cut, which would help boost dour consumer sentiment.

Cash splash for vital rare earths to break China's grip

A rare earths project backed by Australia's richest woman Gina Rinehart is getting a leg-up from the taxpayer to fast-track a mine and refinery.

Australia has 'well and truly passed' rental boom peak

Affordability pressures and rising vacancy rates are keeping a lid on rental growth after years of surging prices.

Consumers feel finances slide but hold hope for future

Easing inflation is increasing the likelihood of a near-term rate cut, which would provide a welcome boost to consumer sentiment in 2025.

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Casino hub could be first to go to save falling Star

A casino precinct might be the first asset sold from an embattled operator's multi-million dollar portfolio in a bid to avoid going belly up.

As dollar dips towards 60c, tariff threat may Trump all

The Aussie dollar is edging closer to the psychologically significant 60 US cents barrier and Donald Trump could determine whether it crashes through in 2025.

Milestone for Rinehart's lithium play in auto heartland

A project backed by billionaire Gina Rinehart is marking a milestone in developing a sustainable supply chain for electric cars by harnessing geothermal energy.

Australia's bullet-proof jobs market put to the test

Even with restrictive interest rate settings and inflation battering the economy, Australia's labour market has proved surprisingly resilient.

Parents shell out billions as back-to-school costs rise

Technology is a major factor in rising back-to-school costs as Australian teachers notice an increase in students without the essentials.

UK, China restart economic talks after six-year hiatus

China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing.

Plastic-eating enzymes to transform fashion, packaging

An Aussie startup is developing plastic-eating enzymes in a breakthrough for "infinitely recycling" fashion and bottles that would otherwise end up in landfill.

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