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Latest news: Economy, Business and Finance

From gigabits to terabits: fibre to fire up downloads

From gigabits to terabits: fibre to fire up downloads

A fibre optic internet backbone will deliver internet speeds up to six times faster as well as a multi-billion-dollar boost to Australia's economy by 2040.

Supercheap Auto owner moves quickly to name new CEO

Supercheap Auto owner moves quickly to name new CEO

Supercheap Auto owner moves quickly to name new CEO

Supercheap Auto owner moves quickly to name new CEO

Super Retail Group has promoted the leader of its BCF (Boating, Camping, Fishing) chain to lead its overall business after its last CEO was fired.

Amazon's cloud unit back to normal after global outage

Amazon's cloud unit back to normal after global outage

Amazon's cloud unit back to normal after global outage

Amazon's cloud unit back to normal after global outage

Normal operations have resumed at Amazon's cloud unit AWS after it was hit by a major outage that disrupted many of the world's biggest websites.

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Miners delight in rare earths funding in US-Aust pact

Miners delight in rare earths funding in US-Aust pact

Australia will step up gallium, neodymium and praseodymium production and send it to the US after an investment and security pact hailed by the mining sector.

'I don't like you either': Trump hits back at Rudd

'I don't like you either': Trump hits back at Rudd

Snarky remarks from Donald Trump directed at ambassador Kevin Rudd have been dismissed as 'tongue in cheek' humour following crucial talks at the White House.

Websites, apps down in Amazon cloud unit outage

Websites, apps down in Amazon cloud unit outage

Disruption affecting Amazon Web Services has led to a spike in reported outages across a wide range of internet services, including Fortnite and Snapchat.

Ley reveals tax cuts, backflips on unpopular policies

Ley reveals tax cuts, backflips on unpopular policies

The coalition has outlined priorities it will take to the next election, with leader Sussan Ley attempting to win back voters after a stinging defeat.

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Monash IVF strips former execs of bonuses after mix-ups

Monash IVF strips former execs of bonuses after mix-ups

Monash IVF strips former execs of bonuses after mix-ups

Monash IVF strips former execs of bonuses after mix-ups

Two former top executives at Monash IVF will not receive bonuses after two mixed up embryo transfers damaged the company's reputation.

NRL powerhouse pips AFL goliath as most valuable club

NRL powerhouse pips AFL goliath as most valuable club

NRL powerhouse pips AFL goliath as most valuable club

NRL powerhouse pips AFL goliath as most valuable club

A four-straight NRL champion has eclipsed the AFL's marquee team in brand value, with high-flying football clubs surging in value according to a survey.

PM lands for Trump talks as leaders bullish on subs

PM lands for Trump talks as leaders bullish on subs

PM lands for Trump talks as leaders bullish on subs

PM lands for Trump talks as leaders bullish on subs

The pressure is on the prime minister to deliver results on tariffs, submarines and more in his first major meeting with US President Donald Trump.

Albanese bound for critical talks with Donald Trump

Albanese bound for critical talks with Donald Trump

Albanese bound for critical talks with Donald Trump

Albanese bound for critical talks with Donald Trump

Prime Minister Anthony Albanese has left Australia en route for a high-stakes meeting with US President Donald Trump.

Bank heads to open up before 'urgent' rate cut talks

Bank heads to open up before 'urgent' rate cut talks

Bank heads to open up before 'urgent' rate cut talks

Bank heads to open up before 'urgent' rate cut talks

Surprising unemployment data has many expecting interest rates are in for another trim, with two key figures in that decision set to give their reaction.

Billions in unworn clothes hanging in Aussie wardrobes

Billions in unworn clothes hanging in Aussie wardrobes

Billions in unworn clothes hanging in Aussie wardrobes

Billions in unworn clothes hanging in Aussie wardrobes

The hidden fashion fortune hiding in wardrobes across Australia is estimated to be worth tens of billions of dollars.

Treasurer putting Australia in New York's state of mind

Treasurer putting Australia in New York's state of mind

Treasurer putting Australia in New York's state of mind

Treasurer putting Australia in New York's state of mind

Australia's mineral wealth, renewable energy potential and unique regional positioning will be spruiked by the nation's treasurer to big money in the Big Apple.

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Rates cut back in the works as jobless figure spikes

An interest rate cut is back in the running on Melbourne Cup day as surprising unemployment figures offer borrowers hope of a home-loan victory.

Trump ready to meet with Xi in South Korea: Bessent

US Treasury Secretary Scott Bessent says President Donald Trump is ready to meet Chinese President Xi Jinping.

Nation's big home build already off target

Construction is behind schedule by tens of thousands of homes, fresh figures reveal, after the first full year of a federal housing goal.

Who owns that company? Find out in 2028 for just $207m

A new searchable company register list will allow the public to discover which people and firms own Australian companies.

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Financial stress, dodgy service: telco issues dial up

The telecommunications ombudsman has found key increases in complaint numbers, as the industry reels from a triple-zero outage.

Blow for borrowers as Reserve Bank curbs rate-cut hopes

Crucial economic data in coming weeks could determine when mortgage holders can expect more interest rate relief, the Reserve Bank board says.

Treasurer defends $4b hit from super tax backdown

An overhaul of a signature Labor tax plan will cost the budget billions, but the treasurer says it shouldn't be seen in isolation.

'Socially isolating': one in seven living in poverty

Charities and social services are calling for urgent action after a study showed one in seven Australians are living in poverty.

How a platform became the go-to charity hub in crises

Australians are among the most generous people in the world, having donated more than $1 billion to lend a hand to those in need, a crowdfunding giant says.

'Victory for common sense': Labor backdown on super tax

A plan to increase tax on large super balances has been overhauled, with Labor saying they took feedback on its original plan seriously.

Trump softens tone as China-US trade tensions flare

US President Donald Trump has taken a less confrontational approach in his latest social media post on trade tensions with China.

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