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The Latest News from economy, business and finance

'Concerning' lack of transparency over toxic pollution

'Concerning' lack of transparency over toxic pollution

A fossil fuel company neglected to tell residents that a nearby gas plant was emitting elevated levels of cancer-causing chemicals for more than a year.

Rebuffed BHP wired for bigger Aussie 'copper province'

Rebuffed BHP wired for bigger Aussie 'copper province'

Rebuffed BHP wired for bigger Aussie 'copper province'

Rebuffed BHP wired for bigger Aussie 'copper province'

South Africa's Anglo American may have rejected BHP's recent bid but the energy transition will drive copper demand for decades, including from South Australia.

White 'idiot' activists told to butt out of Top End

White 'idiot' activists told to butt out of Top End

White 'idiot' activists told to butt out of Top End

White 'idiot' activists told to butt out of Top End

Interstate environmental activists should stop blocking industrial projects that could benefit Indigenous people, a traditional owner has told a Senate inquiry.

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Stubborn economic challenges hang over RBA rates call

Stubborn economic challenges hang over RBA rates call

A June interest rate meeting comes as the federal government defends its budget management in an economy facing slow growth and persistent inflation.

Renters could be hit in $1.5b 'sneaky' budget tax hike

Renters could be hit in $1.5b 'sneaky' budget tax hike

Landlords, holiday-home owners and businesses could be hit with higher taxes in the NSW budget, while $200m has been set aside for homes for regional workers.

Ex-AFL CEO McLachlan to head gambling giant Tabcorp

Ex-AFL CEO McLachlan to head gambling giant Tabcorp

Former AFL chief executive Gillon McLachlan has been announced as the new head of gambling company Tabcorp.

Saving your brains for the good stuff, not 'grunt work'

Saving your brains for the good stuff, not 'grunt work'

Artificial intelligence tools can take the "grunt work" out of safeguarding vital systems against weakness and loss, according to energy companies and banks.

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Cash can't crash: why physical money is here to stay

Cash can't crash: why physical money is here to stay

Cash can't crash: why physical money is here to stay

Cash can't crash: why physical money is here to stay

Experts say notes and coins are not about to vanish from circulation, despite more Australians choosing to go cashless at the counter and online.

RBA likely to hold rates as price pressures loiter

RBA likely to hold rates as price pressures loiter

RBA likely to hold rates as price pressures loiter

RBA likely to hold rates as price pressures loiter

The Reserve Bank of Australia is expected to hold interest rates at 4.35 per cent and keep its options open on its next move.

Win for dudded savers as banks forced to alert changes

Win for dudded savers as banks forced to alert changes

Win for dudded savers as banks forced to alert changes

Win for dudded savers as banks forced to alert changes

A suite of changes to banking regulations should make it easier for customers to move to more competitive home loan and saving account offers.

Crunch time for divestment of climate-harming companies

Crunch time for divestment of climate-harming companies

Crunch time for divestment of climate-harming companies

Crunch time for divestment of climate-harming companies

Big investors are using "stewardship" to get more nosy about what companies say they are doing and what they're actually doing to reduce their carbon footprint.

Banning sheep exports will kill towns, inquiry told

Banning sheep exports will kill towns, inquiry told

Banning sheep exports will kill towns, inquiry told

Banning sheep exports will kill towns, inquiry told

Farmers have gathered to protest a ban on live sheep exports, with witnesses at a fiery public hearing saying towns will die when the ban comes into effect.

Lack of technology poses 'existential risk' to ASIC

Lack of technology poses 'existential risk' to ASIC

Lack of technology poses 'existential risk' to ASIC

Lack of technology poses 'existential risk' to ASIC

The boss of the financial services watchdog has revealed a lack of investment in data capability and technology is hampering its ability to tackle crime..

Commercial buildings next on the block for carbon cuts

Commercial buildings next on the block for carbon cuts

Commercial buildings next on the block for carbon cuts

Commercial buildings next on the block for carbon cuts

Saving on emissions and energy bills for commercial premises is a "no brainer", according to the Property Council, as a push begins for greater electrification.

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Home prices in three cities are outpacing their peers

Australia's housing market is made up of laggards and leaders in home price growth and the gap is expected to linger in the coming months.

Weakness creeping into labour market as hiring slows

Australia's labour market is slowly softening but the Reserve Bank is unlikely to be bothered by the latest jobs numbers ahead of its next board meeting.

Domestic gas inquiry gives itself more time on deficit

Facing a possible domestic gas deficit, export powerhouse Western Australia has delayed putting the squeeze on producers with a crucial inquiry given more time.

ACCC flags concerns over $8.8b Chemist Warehouse merger

The Australian Competition and Consumer Commission says it has preliminary competition concerns about the $8.8 billion merger, and is soliciting feedback.

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The world 'deserves the truth' behind PwC scandal

The PwC tax leak scandal has gone beyond Australian borders and everyone deserves to know who exactly was involved, a senator says.

'Never been harder': job seekers barely scraping by

The cost of rent, food, and petrol are taking a toll on people living on Centrelink payments and forcing them to skip meals and make other difficult choices.

'Concerning precedent' but animal welfare risk too high

Banning live sheep shipments is a "concerning precedent" for other live animal exports but vets say animal welfare risks remain unacceptable, an inquiry hears.

PM weighs in on fresh push for free or cheap childcare

Anthony Albanese has welcomed an expert proposal for free or low-cost childcare but parents hoping for an immediate reprieve are likely to be disappointed.

Not the size of the energy build, but how we use it

Many households are reducing their carbon footprint but without efficient homes or smart meters they may not be getting the best value out of clean energy.

Dry weather in some states dampens farmer confidence

Farmer confidence has taken a U-turn in the latest quarter in the face of economic pressures and mixed seasonal conditions across Australia.

Chalmers eyes soft landing amid budget criticism

The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.

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