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Latest news: Economy, Business and Finance

US could announce some trade deals 'this week'

US could announce some trade deals 'this week'

US President Donald Trump's administration is negotiating with 17 major trading partners on deals, Treasury Secretary Scott Bessent says.

Renewables influx a cooler change to summer energy mix

Renewables influx a cooler change to summer energy mix

Renewables influx a cooler change to summer energy mix

Renewables influx a cooler change to summer energy mix

More batteries, solar and wind have combined with shrinking coal input to help slash greenhouse gas emissions from Australia's main electricity grid.

Barbie maker Mattel to raise prices to offset tariffs

Barbie maker Mattel to raise prices to offset tariffs

Barbie maker Mattel to raise prices to offset tariffs

Barbie maker Mattel to raise prices to offset tariffs

Toy company Mattel isn't playing around in the face of President Donald Trump's sweeping tariffs, warning it will increase the cost of some products in the US.

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Australian farmland values just keep on growing

Australian farmland values just keep on growing

Farmland values have surged in Tasmania and Queensland off the back of a rebound in cattle prices, while the market in drought-affected areas has slowed.

Overseas rates decision to dominate domestic chatter

Overseas rates decision to dominate domestic chatter

Australian investors and markets will keenly monitor how Donald Trump's tariffs impact the US Federal Reserve's outlook for future interest rate cuts.

Warren Buffett announces retirement plans

Warren Buffett announces retirement plans

Warren Buffett, 94, has shocked an arena full of his shareholders by announcing that he wants to retire at the end of the year

'Big moment': world's largest electric ship launched

'Big moment': world's largest electric ship launched

An electric ship constructed in Australia that will ferry people and cars in South America is the biggest of its kind and is being hailed by its builder.

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Weary retail recovery has rate cut almost in the bag

Weary retail recovery has rate cut almost in the bag

Weary retail recovery has rate cut almost in the bag

Weary retail recovery has rate cut almost in the bag

All the smoke signals point to an interest rate cut as Australian retail spending continues to grow amid cooling consumer and producer inflation.

End of the road for freeze on car rego and other fees

End of the road for freeze on car rego and other fees

End of the road for freeze on car rego and other fees

End of the road for freeze on car rego and other fees

A state's year-long reprieve from car registration price hikes will come to an end when the government raises its fees and charges again.

Economists slam major parties over timing of costings

Economists slam major parties over timing of costings

Economists slam major parties over timing of costings

Economists slam major parties over timing of costings

The coalition has been criticised for releasing its costings just two days out from polling but Labor did the same during the 2022 election when in opposition.

Trump urges patience on tariffs as US economy shrinks

Trump urges patience on tariffs as US economy shrinks

Trump urges patience on tariffs as US economy shrinks

Trump urges patience on tariffs as US economy shrinks

President Donald Trump has marked 100 days in office facing falling polls and struggling to explain data showing the US economy contracted over his trade war.

Rate cut could fuel further 'modest' house price growth

Rate cut could fuel further 'modest' house price growth

Rate cut could fuel further 'modest' house price growth

Rate cut could fuel further 'modest' house price growth

Australia's house prices continue to climb across every capital city after a recent interest rate cut, despite a slump in auction clearance rates.

Prices coming down as Coles keeps tabs on Trump tariffs

Prices coming down as Coles keeps tabs on Trump tariffs

Prices coming down as Coles keeps tabs on Trump tariffs

Prices coming down as Coles keeps tabs on Trump tariffs

Coles has recorded a 3.7 per cent sales boost over the most recent quarter, revealing prices have started to drop but US tariffs remain front of mind.

Trump signs order to ease car tariffs burden

Trump signs order to ease car tariffs burden

Trump signs order to ease car tariffs burden

Trump signs order to ease car tariffs burden

US President Donald Trump has signed an order on car tariffs designed to give some relief to the auto industry on the eve of his 100th day in office.

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Students and hire staff pay for Labor election pledges

Labor reveals how it would balance the federal budget with its election promises as a global agency warns government spending could trigger a credit downgrade.

Problem child no more: surprise rise in state rankings

Western Australia has cemented its spot at the top of the latest CommSec State of the States rankings, but another state's climb comes as more of a surprise.

Healthy inflation data should help ease mortgage pain

Quarterly numbers are expected to show inflation has drifted into the Reserve Bank's target range to set up a further interest rate cut.

China eases some US tariffs, denies Trump's talk claims

China has denied US President Donald Trump's claims the countries are negotiating tariffs, but has exempted some US-made imports from its steep tariffs.

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China accuses US of 'misleading public' on trade talks

Beijing has rejected President Donald Trump's claim that the US and China are holding tariff talks, telling Washington to stop "misleading the public".

China warns G20 global economic growth 'insufficient'

China says economic fragmentation and trade tensions have disrupted supply chains, weakening the momentum of global economic growth.

Bessent expects US-China trade tensions de-escalation

A de-escalation in China-US trade tensions will happen in the "very near future," US Treasury Secretary Scott Bessent has reportedly told investors.

Santos gets final tick for flagship Barossa gas project

Santos has received final approval to start production on its flagship $5.8 billion Barossa gas project in the Timor Sea after years of legal delays.

Rate cut on horizon amid fears of more stock turmoil

Donald Trump's latest attack on a pillar of the global economy could renew market stress as Australian homeowners eye a supersized rate cut.

Trump hails 'big progress' in tariffs talks with Japan

Donald Trump and Japanese officials have taken part in talks on tariffs, as the US president's trade war continues to spook global markets.

No 'band-aid solution': sweating coal risky business

Proper maintenance is the answer to ageing coal generator reliability issues, the coalition has countered in response to more questions about its nuclear plan.

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