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Latest news: Economy, Business and Finance

Reserve Bank to lay out reasons for not cutting rates

Reserve Bank to lay out reasons for not cutting rates

Australia's central bank will reveal what went on behind closed doors when it decided to keep the cash rate on hold, while key job figures are due for release.

Critical minerals talk heats up before PM's US visit

Critical minerals talk heats up before PM's US visit

Critical minerals talk heats up before PM's US visit

Critical minerals talk heats up before PM's US visit

Australia is keen to lock in a critical minerals deal with the US ahead of Anthony Albanese’s talks with Donald Trump and fears of China’s market dominance.

Lecornu explains reappointment as French prime minister

Lecornu explains reappointment as French prime minister

Lecornu explains reappointment as French prime minister

Lecornu explains reappointment as French prime minister

Reappointed French Prime Minister Sébastien Lecornu faces a Monday deadline to present the parliament with a budget.

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Trump hits China with more tariffs as trade war builds

Trump hits China with more tariffs as trade war builds

Donald Trump says the US will hike tariffs on imports from China to 100 per cent in retaliation for its new export limits on rare earth minerals.

'Climate vandalism': state under fire over energy plan

'Climate vandalism': state under fire over energy plan

A state's energy plan has sparked outrage after pledging to keep coal-fired power plants open for decades, potentially putting pressure on emissions targets.

Shaving red tape, inflation key to economic growth

Shaving red tape, inflation key to economic growth

The economy is in a "good spot" but one sector is proving more stubborn than expected, the boss of the Reserve Bank says.

PM says briefing on super tax plan was nothing unusual

PM says briefing on super tax plan was nothing unusual

The PM's office is briefed all the time on a range of issues, says Anthony Albanese after a hearing was told of conversations over a plan to tax super balances.

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Pope Leo condemns wealthy living in a bubble of luxury

Pope Leo condemns wealthy living in a bubble of luxury

Pope Leo condemns wealthy living in a bubble of luxury

Pope Leo condemns wealthy living in a bubble of luxury

Pope Leo XIV has criticised how wealthy people live in a “bubble of comfort and luxury” while the poor suffer.

Winklevoss twins' crypto exchange launches in Australia

Winklevoss twins' crypto exchange launches in Australia

Winklevoss twins' crypto exchange launches in Australia

Winklevoss twins' crypto exchange launches in Australia

Crypto exchange Gemini says it views new regulations being developed by the federal government as a positive as it launches Australian services.

Landmark $5.8m penalty over health data cyber attack

Landmark $5.8m penalty over health data cyber attack

Landmark $5.8m penalty over health data cyber attack

Landmark $5.8m penalty over health data cyber attack

A first-of-its-kind fine for the loss of 220,000 people's health data highlights a need to view cybercrime as more than just a technological risk, experts say.

First regulated Australian dollar stablecoin launched

First regulated Australian dollar stablecoin launched

First regulated Australian dollar stablecoin launched

First regulated Australian dollar stablecoin launched

Three former bankers who have launched the first licensed stablecoin pegged to the Australian dollar say such tokens will change traditional payments forever.

Olympic 2032 chiefs throw open billions for business

Olympic 2032 chiefs throw open billions for business

Olympic 2032 chiefs throw open billions for business

Olympic 2032 chiefs throw open billions for business

Brisbane 2032 Olympic Games organisers want the state's firms to hit gold with business opportunities, urging small to medium-sized operators to get involved.

'Back them': PM's blunt message after smelter bailout

'Back them': PM's blunt message after smelter bailout

'Back them': PM's blunt message after smelter bailout

'Back them': PM's blunt message after smelter bailout

Mining giant Glencore has been urged to invest in a struggling community after a $600 million taxpayer-funded bailout to secure hundreds of jobs at a smelter.

Soaring rents push people further from jobs, community

Soaring rents push people further from jobs, community

Soaring rents push people further from jobs, community

Soaring rents push people further from jobs, community

Australian renters are paying on average an extra $204 per week to keep a roof over their heads compared to five years ago, a nearly 44 per cent increase.

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France's Macron pressed to end political 'mess'

France's President Emmanuel Macron desperately needs a circuit breaker amid growing political chaos.

Infrastructure 'key' offers to unlock regional housing

Funding support for crucial roads, paths and drains could pave the way for more homes as the regions buckle under the weight of the housing crisis.

Consumer confidence survey to signpost spending outlook

Australian households have been steadily gaining in confidence and fresh sentiment surveys could signal further growth in spending.

Work to do: net-zero jobs yet to resonate in classroom

Australia is heading towards labour shortages in the clean energy transition and industry have been urged to step up to inspire the next generation of workers.

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'Pivotal': major update on $4.8b renewables project

A project expected to advance Australia's transition to clean energy has taken a step forward, despite years of criticism from farmers and environmental groups.

AGL chair defends big payment to injured predecessor

AGL chairman Miles George says his predecessor Patricia McKenzie suffered serious injuries during a 2023 site visit, but has declined to give further details.

Trump uses government shutdown to dole out revenge

President Donald Trump is mulling “temporary or permanent” spending cuts that could set up a lose-lose dynamic for Democratic politicians.

Spending rebound staggers as Aussies kick booze, smokes

Strong growth in household spending earlier this year is unlikely to be matched, which could ease Reserve Bank fears of a return of inflation pressures.

Major change to IVF treatments for donors and families

Families involved in an IVF bungle will be permitted to continue their treatment after a provider was found to be exceeding a donor limit.

Telco skips company tax as large businesses step up

The big businesses paying the most and the least tax have been revealed, as a record low number of large companies are found to be avoiding tax.

BHP cops $5b value hit on talk of China trade blockade

Reports China is halting iron ore shipments from BHP have weighed on the world's biggest miner, but experts say any stoush over prices should be short-lived.

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