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Latest news: Economy, Business and Finance

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.

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.

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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

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

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

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.

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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.

France's Macron pressed to end political 'mess'

France's Macron pressed to end political 'mess'

France's Macron pressed to end political 'mess'

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

Infrastructure 'key' offers to unlock regional housing

Infrastructure 'key' offers to unlock regional housing

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

Consumer confidence survey to signpost spending outlook

Consumer confidence survey to signpost spending outlook

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

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

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

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.

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

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

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

'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 chair defends big payment to injured predecessor

AGL chair defends big payment to injured predecessor

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.

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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.

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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.

Cup Day rate cut in doubt as RBA nears final straight

The odds are lengthening on an interest rate cut on Melbourne Cup Day, as the Reserve Bank adopts a hawkish tone and inflation steps up the pace.

Drone-zapping firm shooting lights out on stock market

DroneShield's shares are up nearly sixfold so far in 2025, but that doesn't hold a candle to the gains of one Sydney-headquartered mining company.

Low rates, supply squeeze create home price rise mayhem

The great Australian dream of property ownership continues to resemble a nightmare for many buyers as prices surge and the supply of homes dwindles.

China to halt BHP iron ore cargoes during price talks

China’s state-run iron ore buyer has told the country's steelmakers and traders to temporarily halt purchases of all new BHP cargoes.

'Scapegoating' Optus blames tech, staff for outages

Optus has blamed technical equipment and human error for two emergency call outages as the prime minister pans the telco for its "unacceptable" failures.

Networks join forces to create $416m media monolith

A $416 million merger between the owner of Australia's most popular TV network and the country's biggest radio broadcaster has ignited their share prices.

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