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Latest news: Economy, Business and Finance

Supply shortage underpins shaky growth in home values

Supply shortage underpins shaky growth in home values

Home price growth picked up in January, but results were mixed across the capital cities, with one jurisdiction leading the way on rental affordability.

Wine and taxes: only one certainty for small producers

Wine and taxes: only one certainty for small producers

Wine and taxes: only one certainty for small producers

Wine and taxes: only one certainty for small producers

When is a farm not a farm? Some producers are finding out the hard way as they're unexpectedly hit with hefty land tax bills, sparking calls for change.

Trump nominates Warsh to run US central bank

Trump nominates Warsh to run US central bank

Trump nominates Warsh to run US central bank

Trump nominates Warsh to run US central bank

US President Donald Trump says he is nominating former Federal Reserve governor Kevin Warsh as the central bank's next chair.

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Nobel laureate's advice for treasurer to fix housing

Nobel laureate's advice for treasurer to fix housing

Joe Stiglitz is a bit of a rock star in left-leaning economic circles, but his suggestions to make housing more affordable didn't seem to convince Jim Chalmers.

'Geopolitical surprises' lurk for farmers in 2026

'Geopolitical surprises' lurk for farmers in 2026

An uncertain global trade environment and the possibility of an El Nino will keep the local agricultural sector alert despite an otherwise promising outlook.

Delayed pay? You're not the only one hit by RBA glitch

Delayed pay? You're not the only one hit by RBA glitch

A technical issue at Australia's central bank has forced employees to wait hours for pay and created delays for those hoping to settle on properties.

Row over government role fuelling inflation, rate rise

Row over government role fuelling inflation, rate rise

Spending blow-outs by the government will force the Reserve Bank to hike rates, critics say, but the treasurer argues the private sector is driving inflation.

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Record production oils the wheels of Woodside shares

Record production oils the wheels of Woodside shares

Record production oils the wheels of Woodside shares

Record production oils the wheels of Woodside shares

Woodside Energy shares have risen 2.7 per cent after the energy giant beat production guidance and fourth-quarter revenue forecasts.

China threatens trade bans over vow to take back port

China threatens trade bans over vow to take back port

China threatens trade bans over vow to take back port

China threatens trade bans over vow to take back port

China could hit Australia with another round of economic sanctions if the Albanese government goes ahead with a plan to wrest back control of a key port.

'Mother of all deals': India, EU seal trade agreement

'Mother of all deals': India, EU seal trade agreement

'Mother of all deals': India, EU seal trade agreement

'Mother of all deals': India, EU seal trade agreement

After nearly two decades of on-off negotiations, a trade deal between India and the European Union has been sealed, according to Prime Minister Narendra Modi.

Santos hails first shipment of Barossa gas to Japan

Santos hails first shipment of Barossa gas to Japan

Santos hails first shipment of Barossa gas to Japan

Santos hails first shipment of Barossa gas to Japan

After legal challenges and pandemic delays, the first Barossa LNG shipment is bound for Japan, marking an "outstanding achievement" for Santos.

Key RBA concern eases ahead of crucial inflation print

Key RBA concern eases ahead of crucial inflation print

Key RBA concern eases ahead of crucial inflation print

Key RBA concern eases ahead of crucial inflation print

An easing in capacity constraints will help soothe some worried minds at Martin Place, but hot inflation data could still force the Reserve Bank to hike rates.

Watchdog pushes financial literacy to counter AI boom

Watchdog pushes financial literacy to counter AI boom

Watchdog pushes financial literacy to counter AI boom

Watchdog pushes financial literacy to counter AI boom

Artificial intelligence-powered scams featuring fake celebrities are just the tip of the iceberg when it comes to AI risks facing consumers, ASIC warns.

'Seriously wrong': activists condemn fracking decision

'Seriously wrong': activists condemn fracking decision

'Seriously wrong': activists condemn fracking decision

'Seriously wrong': activists condemn fracking decision

An environmental watchdog has recommended a Kimberley fracking proposal but conservationists say the decision is flawed and they'll appeal it.

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Trump threatens Canada with tariffs over any China deal

US President Donald Trump has threatened Canada with tariffs to prevent closer economic co-operation between the neighbouring country and China.

Savings coming for households able to use energy in day

Australia is pressing ahead with its three-hour timeslot of free electricity as critics warn the design could disadvantage some customers.

Japan's PM calls snap election after 3 months in office

Japan’s Prime Minister Sanae Takaichi has dissolved the lower house of parliament, paving the way for a snap election.

Magic number that could decide an interest rate hike

Traders now tip a greater-than-50 per cent chance of an interest rate hike in February, but some pundits are holding out hope for a Reserve Bank reprieve.

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Healthy jobs market spells rate pain for borrowers

Upcoming inflation data will be make or break for a Reserve Bank rate hike decision following stronger than expected jobs figures, economists say.

Santos lifts output, sales as first Barossa cargo loads

An Australian oil and gas giant has posted stronger production and revenues despite weaker commodity prices, as two long-awaited projects ramp up.

Global body urges treasurer to spend less, reform taxes

Global economic body the OECD has called on Australia to rein in the NDIS and make changes to property taxes to help fix the budget and boost productivity.

Coalmine bailout extended on energy security fears

Despite pledging to end support for a debt-laden coalmine in regional Western Australia this year, the premier has relented and thrown it another lifeline.

'No going back' on Greenland, Trump vows

Donald Trump has doubled down on his pledge to seize control of Greenland, refusing to rule out taking it by force and threatening to upend historic alliances.

Beckham responds to Brooklyn's scathing post on family

David Beckham has responded to his son Brooklyn's explosive Instagram post that's exposed the ugly feud that's torn the famous family apart.

'Struggling in silence': Aussies' shame driving up debt

Nearly half the nation started the new year in debt, but research shows countless Australians are unwilling to discuss their finances, even with loved ones.

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