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Latest news: Economy, Business and Finance

Thousands of jobs at risk as miner pleads for support

Thousands of jobs at risk as miner pleads for support

A major mining company says it might have to mothball two of its operations, putting thousands of jobs in danger, if more government support is not offered.

Indonesia to cut tariffs, barriers in new US trade deal

Indonesia to cut tariffs, barriers in new US trade deal

Indonesia to cut tariffs, barriers in new US trade deal

Indonesia to cut tariffs, barriers in new US trade deal

Donald Trump is hailing a new trade deal with Indonesia as a "huge win for our Automakers, Tech Companies, Workers, Farmers, Ranchers, and Manufacturers".

Has someone asked to 'rent' your bank account?

Has someone asked to 'rent' your bank account?

Has someone asked to 'rent' your bank account?

Has someone asked to 'rent' your bank account?

Australians are being urged to swerve requests to rent or buy their bank details, as cybercriminals double down on securing money mules.

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Banks told to make AI work for people, not against them

Banks told to make AI work for people, not against them

Artificial intelligence should be used to improve the lives of customers instead of just making more money out of them, the corporate regulator tells bankers.

Restaurants, building firm insolvencies remain high

Restaurants, building firm insolvencies remain high

CreditorWatch data has found business insolvencies remain historically high, with two key sectors bearing the brunt.

Sweden to host US, China talks on tariff deadline

Sweden to host US, China talks on tariff deadline

US and Chinese negotiators will meet in Sweden to discuss extending a deadline to avert higher tariffs, US Treasury Secretary Scott Bessent says.

Brisbane goes for gold with $70b win from 2032 Olympics

Brisbane goes for gold with $70b win from 2032 Olympics

The next Olympic Games in Australia is forecast to inject more than $70 billion into the economy over 20 years but an expert has cast doubt over its legacy.

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US 'not going to rush' trade deals ahead of deadline

US 'not going to rush' trade deals ahead of deadline

US 'not going to rush' trade deals ahead of deadline

US 'not going to rush' trade deals ahead of deadline

With the threat of US tariffs looming, Treasury Secretary Scott Bessent says his government is more focused on the quality of trade deals, not their timing.

Peek into surprise RBA decision as rate cut on cards

Peek into surprise RBA decision as rate cut on cards

Peek into surprise RBA decision as rate cut on cards

Peek into surprise RBA decision as rate cut on cards

Borrowers are hoping for clarity on the Reserve Bank's next moves as an unexpected jump in unemployment firms the case for an interest rate cut.

CEO resigns after viral video from Coldplay concert

CEO resigns after viral video from Coldplay concert

CEO resigns after viral video from Coldplay concert

CEO resigns after viral video from Coldplay concert

The tech company CEO who was captured on the big screen canoodling with a colleague at a Coldplay concert has quit after the interaction became a viral video.

'Golden ticket' visa for the rich fails to pay its way

'Golden ticket' visa for the rich fails to pay its way

'Golden ticket' visa for the rich fails to pay its way

'Golden ticket' visa for the rich fails to pay its way

Previously classified documents reveal the reasons why an investor visa, dubbed a "golden ticket" for the rich to immigrate to Australia, was scrapped.

Nation on notice as signs point to growing jobless rate

Nation on notice as signs point to growing jobless rate

Nation on notice as signs point to growing jobless rate

Nation on notice as signs point to growing jobless rate

Australians are being warned about possible further rises in unemployment after a shock jobless rate jump that has strengthened the case to cut interest rates.

Qantas gains ruling over data hack hitting dark web

Qantas gains ruling over data hack hitting dark web

Qantas gains ruling over data hack hitting dark web

Qantas gains ruling over data hack hitting dark web

Qantas says it's been granted an interim injunction in the NSW Supreme Court to prevent stolen data of almost 6 million customers from being leaked further.

PM confident of Australian jobs boost after China visit

PM confident of Australian jobs boost after China visit

PM confident of Australian jobs boost after China visit

PM confident of Australian jobs boost after China visit

The prime minister has wrapped up an almost week-long visit to China but the opposition is still calling for ties with allies like the US to be prioritised.

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Taxman told to tone it down and cut jargon from letters

Language used in letters from the tax office can cause needless anxiety and confuse readers with excessive jargon, an ombudsman's review has found.

Jobless rate nears four-year high, firms rethink plans

Australia's unemployment rate has bucked expectations and risen as economic headwinds take their toll on employers.

'No doubt' about China concern despite PM's rhetoric

The prime minister's tone on during his China trip has been defended as diplomatic and respectful as the opposition called for him to be more forceful.

Albanese to cap China trip with panda diplomacy

Prime Minister Anthony Albanese will end his tour of China with a plea for governments to increase research funding.

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EU trade chief heads to US in bid for tariffs solution

European Union representative Maros Sefcovic is set to meet US officials in Washington DC for trade talks.

Dollar dazzler designs no silver bullet for housing woe

Political leaders hope a sluggish planning system can be jump-started with cheap, pre-approved architectural designs to entice developers to break ground.

Cafes, small businesses fear brunt of surcharge cut

The dreaded $6 line for a coffee could soon become reality for cafe owners after a proposal to scrap card surcharges could force fees to pass on to customers.

PM retraces predecessor's steps on China's Great Wall

Anthony Albanese has used a visit to the Great Wall of China to emphasise Australia's wish to engage on ways to build regional security and stability.

Trump touts deal with Indonesia, flags pharma tariffs

President Donald Trump says he has agreed to a tariff deal on goods entering the US from Indonesia.

Australia urges economic engagement amid uncertainty

As volatility and uncertainty become a global norm, the treasurer has stressed the importance of collaboration ahead of his meetings with world leaders.

Economists point to tariffs as US prices edge up

US consumer prices have posted their biggest jump in five months in June, suggesting tariffs may be starting to heat up inflation.

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