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Latest news: Economy, Business and Finance

Albanese hits out at Trump's 'economic self harm'

Albanese hits out at Trump's 'economic self harm'

The Prime Minister has criticised US President Donald Trump's move to double tariffs on steel imports as "inappropriate" and an act of harm.

National accounts to reveal Australia's economic pulse

National accounts to reveal Australia's economic pulse

National accounts to reveal Australia's economic pulse

National accounts to reveal Australia's economic pulse

Australia's economic growth rate for the first quarter will be revealed this week and investors will study minutes from the Reserve Bank's last board meeting.

EU threatens US with counter-tariffs in steel stand-off

EU threatens US with counter-tariffs in steel stand-off

EU threatens US with counter-tariffs in steel stand-off

EU threatens US with counter-tariffs in steel stand-off

The European Union has threatened the Trump administration with counter-tariffs in the steel stand off.

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Trump vows to double steel tariffs to 50 per cent

Trump vows to double steel tariffs to 50 per cent

US President Donald Trump has told Pennsylvania steelworkers he’s doubling the tariff on steel imports to 50 per cent, intensifying his global trade war.

Divisions between US and China big global risk: Macron

Divisions between US and China big global risk: Macron

French President Emmanuel Macron says the division between the two superpowers, the United States and China, is the main risk confronting the world.

Three face court amid protests over gas hub expansion

Three face court amid protests over gas hub expansion

Activists who targeted a Woodside shareholder meeting have faced court as protests ramp up over a decision to prolong the life of a massive gas project.

Warm weather, Cyclone Trump hit consumer recovery

Warm weather, Cyclone Trump hit consumer recovery

Australia's economic momentum remains fragile with unseasonably warm weather and consumer concern contributing to weaker retail sales.

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Trump tariff court setback stirs relief and uncertainty

Trump tariff court setback stirs relief and uncertainty

Trump tariff court setback stirs relief and uncertainty

Trump tariff court setback stirs relief and uncertainty

Relief on financial markets has followed a US court ruling that blocks most of President Donald Trump's tariffs, which also adds to global economic uncertainty.

Clean energy, environment unity ticket on nature laws

Clean energy, environment unity ticket on nature laws

Clean energy, environment unity ticket on nature laws

Clean energy, environment unity ticket on nature laws

An alliance of conservation and renewable energy groups want environment protection reform back on track and the "nature versus climate" narrative put to bed.

Thousands still stranded as flood recovery ramps up

Thousands still stranded as flood recovery ramps up

Thousands still stranded as flood recovery ramps up

Thousands still stranded as flood recovery ramps up

Thousands of people remain isolated while other flood-hit communities continue the clean up, with homes declared beyond repair as the premier meets farmers.

Environmentalists slam new gas exploration sites

Environmentalists slam new gas exploration sites

Environmentalists slam new gas exploration sites

Environmentalists slam new gas exploration sites

Environmentalists have called a state government's decision to create nine new gas exploration sites deceitful, as an east coast energy shortage looms.

Bless your cotton jocks: town's cheeky bid to retailers

Bless your cotton jocks: town's cheeky bid to retailers

Bless your cotton jocks: town's cheeky bid to retailers

Bless your cotton jocks: town's cheeky bid to retailers

A social media campaign is highlighting the absurdity of being unable to buy a decent supply of socks and jocks in one of Australia's leading cotton regions.

Growing pains and gains as regional boom continues

Growing pains and gains as regional boom continues

Growing pains and gains as regional boom continues

Growing pains and gains as regional boom continues

The population of regional Australia is climbing towards 10 million, putting some towns under pressure as the escape to the country continues.

More seats, cheaper fuel cut airfare costs for Aussies

More seats, cheaper fuel cut airfare costs for Aussies

More seats, cheaper fuel cut airfare costs for Aussies

More seats, cheaper fuel cut airfare costs for Aussies

Increased aviation routes and low fuel costs will keep downward pressure on airfares in the coming months, with prices down 12 per cent at the start of 2025.

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Torres fund ignites crayfisherman's export dreams

A groundbreaking Indigenous-led fund is giving First Nations businesses a vital boost with capital and crucial support.

Looming power bill hikes spark calls to shop around

Hunting for a better deal could save some Australian households and businesses hundreds of dollars a year as consumers brace for higher bills.

Trump extends deadline to reach EU trade deal

Donald Trump has agreed to delay implementing a 50 per cent tariff on goods from the European Union until July 9 to allow time for negotiations with the bloc.

Fears super tax rise for rich will whack housing market

Slapping taxes on high superannuation balances may be well intended, but the federal government's plan could harbour some pitfalls.

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Price moves to help RBA plot course through uncertainty

Australia's central bank will seek signs of stability as it tries to chart a course to lower interest rates through the murky waters of global uncertainty.

Trump threatens new EU tariffs, reigniting trade fears

Describing EU trade talks as "going nowhere", US President Donald Trump has threatened to impose a 50 per cent tariff.

Australian firms 'upbeat' China can navigate trade war

Australian firms are bullish about their opportunities in China despite global trade ructions casting doubt over economic growth, the Reserve Bank deputy says.

New Zealand stuck in red as government chases growth

New Zealand is mired in deficits and debt, with Finance Minister Nicola Willis's second budget showing the nation's economic pain.

'Accountability' at heart of low public sector pay gaps

Gender pay gaps at public sector employers have been revealed for the first time, with the data showing many have a gap much lower than the private sector.

Work in progress: bottlenecks hinder green export hub

The experience of one promising green industry zone suggests success is not guaranteed and keeping wheels turning on investment, training and renewables is key.

Borrowers rejoice as rates cut amid 'uncertain' times

The official cash rate has a three in front of it for the first time in two years, after the Reserve Bank cut interest rates by 25 basis points.

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