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Latest news: Economy, Business and Finance

Trump escalates Musk feud with threat to Tesla support

Trump escalates Musk feud with threat to Tesla support

The war of words between President Donald Trump and the world's richest man Elon Musk has escalated as the Senate passed a key tax and spending bill.

Rice not on the table in Japan's trade talks with US

Rice not on the table in Japan's trade talks with US

Rice not on the table in Japan's trade talks with US

Rice not on the table in Japan's trade talks with US

Donald Trump has criticised Japan for not buying American rice as Tokyo scrambles to convince the US to scrap a 25 per cent tariff on Japanese cars.

US Senate struggling to pass Trump's $5 trillion bill

US Senate struggling to pass Trump's $5 trillion bill

US Senate struggling to pass Trump's $5 trillion bill

US Senate struggling to pass Trump's $5 trillion bill

US Senators continue voting in a marathon session on a series of amendments to Donald Trump's tax-cut and spending bill, which will add $5 trillion to US debt.

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Deliveries not impacted as freight pilots go on strike

Deliveries not impacted as freight pilots go on strike

Qantas has put contingency plans in place as freight pilots, responsible for delivering parcels, prepare to take industrial action over a wage offer dispute.

Telco misdeeds sharpen case for Indigenous leadership

Telco misdeeds sharpen case for Indigenous leadership

Repeated misconduct by major telcos in selling to remote communities highlights the need to embed Indigenous leaders, a corporate adviser says.

Nest eggs on the boil as super guarantee cracks open

Nest eggs on the boil as super guarantee cracks open

Award wages, super contributions and energy bills are rising as a new financial year rings changes for households.

Tech giant's tips for Australia to catch the AI wave

Tech giant's tips for Australia to catch the AI wave

Industry darling OpenAI has released an economic blueprint for Australia to capitalise on AI as concerns are raised the tech could destroy entry-level jobs.

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BBC regrets not stopping Glastonbury live stream

BBC regrets not stopping Glastonbury live stream

BBC regrets not stopping Glastonbury live stream

BBC regrets not stopping Glastonbury live stream

The BBC says it should have pulled a live stream of rap group Bob Vylan’s performance at Glastonbury over chants against Israeli troops.

Pay penalties to be saved as workers score wage win

Pay penalties to be saved as workers score wage win

Pay penalties to be saved as workers score wage win

Pay penalties to be saved as workers score wage win

Weekend penalty rates will be protected by the federal government as minimum wage workers are about to get a boost to their pay packets.

Retail spending tipped to stay soft as home prices soar

Retail spending tipped to stay soft as home prices soar

Retail spending tipped to stay soft as home prices soar

Retail spending tipped to stay soft as home prices soar

Housing prices are expected to climb ever higher, even as a predicted recovery in dwelling consents shines a ray of hope on Australia's supply ambitions.

Final bash set to end lavish Bezos wedding party

Final bash set to end lavish Bezos wedding party

Final bash set to end lavish Bezos wedding party

Final bash set to end lavish Bezos wedding party

A beaming Jeff Bezos and Lauren Sanchez waved as they left their luxury Venice hotel for a last night of partying to celebrate their lavish wedding.

G7 agrees to avoid higher taxes for US, UK companies

G7 agrees to avoid higher taxes for US, UK companies

G7 agrees to avoid higher taxes for US, UK companies

G7 agrees to avoid higher taxes for US, UK companies

Firms from the United States and the United Kingdom will be exempt from a global tax agreement following a G7 announcement.

Australians warned to not jump the gun on tax return

Australians warned to not jump the gun on tax return

Australians warned to not jump the gun on tax return

Australians warned to not jump the gun on tax return

The national tax office has warned Australians to be patient in lodging their tax returns as the financial year comes to an end.

Jeff Bezos weds Lauren Sanchez in grand Venice ceremony

Jeff Bezos weds Lauren Sanchez in grand Venice ceremony

Jeff Bezos weds Lauren Sanchez in grand Venice ceremony

Jeff Bezos weds Lauren Sanchez in grand Venice ceremony

Amazon founder Jeff Bezos and journalist Lauren Sanchez have tied the knot at a star-studded wedding in Venice.

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Trump cuts off trade talks with Canada over digital tax

US President Donald Trump says his July 9 trade deadline is not a fixed date, telling reporters that it could be sooner or later than that date.

Beijing deal will expedite rare earth exports, says US

US President Donald Trump says the US has signed an deal with China on trade after massive tariff hikes threatened to freeze trade between the two countries.

Captains of industry, unions sit at economic roundtable

Leaders from the business, union and welfare sectors will gather in Canberra to come up with ways to bolster Australia's flagging productivity levels.

Better times ahead for economy, despite global woes

A major business forecaster is optimistic the pace of economic growth in Australia will accelerate over the next few years and overcome recent hurdles.

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Europe talks don't rule out rejecting new US trade deal

European leaders are weighing up the latest US proposals for trade terms, with the prospect of 50 per cent tariffs if a deal isn't reached by next month.

Super funds spared billions after US axes 'revenge tax'

The Trump administration says it won't pursue a contentious tax targeting foreign investors after negotiating a withdrawal from a global minimum tax agreement.

Stars descend for Bezos wedding extravaganza in Venice

While protests forced the relocation of part of Jeff Bezos and Lauren Sanchez's wedding, it hasn't stopped hoards of celebrities descending on the island city.

Bots doing mundane jobs among 'transformational' pledge

Australia's largest state budget, criticised as boring and vague, has prompted promises from political hopefuls of a more "transformational" government.

Household wealth hit as Trump threatens super balances

Australian super balances have fallen for the first quarter since 2022, with funds warning of further risks posed by Donald Trump's "America first" agenda.

Bezos and Sanchez wedding causing ripples in Venice

More protests are planned as the wedding of Amazon founder Jeff Bezos and Lauren Sanchez draws nearer in the historic city of Venice.

NATO members commit to spending hike sought by Trump

US President Donald Trump has affirmed his commitment to the NATO military alliance and a pledge for its members to defend each other.

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