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Latest news: Economy, Business and Finance

Dutton prays for rate cut as RBA enters conclave

Dutton prays for rate cut as RBA enters conclave

Economists say a major reduction in mortgage rates this year is unlikely, even though the Reserve Bank board is widely tipped to deliver a cut on Tuesday.

Caution urged over polls as Labor bleeds support

Caution urged over polls as Labor bleeds support

Caution urged over polls as Labor bleeds support

Caution urged over polls as Labor bleeds support

A warning has been issued over election polling as tightly clustered results in a close race may not reflect Australians' votes.

Falling Star offered $650m lifeline for ailing casinos

Falling Star offered $650m lifeline for ailing casinos

Falling Star offered $650m lifeline for ailing casinos

Falling Star offered $650m lifeline for ailing casinos

With its shares in the doldrums and questions over its operations, Star has been offered a conditional lifeline through a five-year financing proposal.

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US pitched deal to access Ukraine's rare earth minerals

US pitched deal to access Ukraine's rare earth minerals

President Volodymyr Zelenskiy says he directed his ministers not to sign off on a proposed agreement to give the US access to Ukraine’s rare earth minerals.

Economists less confident of RBA rate cut than market

Economists less confident of RBA rate cut than market

An AAP survey of 32 leading Australian economists has tipped the Reserve Bank to cut interest rates this week, but more than one in five remain unconvinced.

Almost 10,000 fired as Trump, Musk cut US agencies

Almost 10,000 fired as Trump, Musk cut US agencies

Workers at US agencies are grappling with the Trump administration's aggressive effort to shrink the size of the federal workforce.

Rare earths hopeful in eye of Greenland political storm

Rare earths hopeful in eye of Greenland political storm

A stalled rare earths project puts an Australian junior miner at the centre of an election in an Atlantic territory caught in a web of geopolitical tensions.

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Billionaire to sell coal mine to prop up steelworks

Billionaire to sell coal mine to prop up steelworks

Billionaire to sell coal mine to prop up steelworks

Billionaire to sell coal mine to prop up steelworks

Proceeds from a coal mine sale will be used to pump cash into the troubled Whyalla steelworks in a major debt deal.

Trump outlines roadmap for reciprocal US tariff plan

Trump outlines roadmap for reciprocal US tariff plan

Trump outlines roadmap for reciprocal US tariff plan

Trump outlines roadmap for reciprocal US tariff plan

US President Donald Trump says the United States will charge all other countries with the same tariffs as they charge on imports of US goods.

Biodiversity wins from 'high-integrity' carbon farming

Biodiversity wins from 'high-integrity' carbon farming

Biodiversity wins from 'high-integrity' carbon farming

Biodiversity wins from 'high-integrity' carbon farming

High-quality carbon farming projects could be used for landscape restoration and protecting biodiversity but investors could need a nudge to pay a premium.

Love rules as Aussies still splurge on Valentine's Day

Love rules as Aussies still splurge on Valentine's Day

Love rules as Aussies still splurge on Valentine's Day

Love rules as Aussies still splurge on Valentine's Day

Cost of living pressures aren't curbing enthusiasm when it comes to splurging on loved ones for Valentine's Day, with flowers and dinners a popular choice.

Call to bring back inheritance tax to tackle wealth gap

Call to bring back inheritance tax to tackle wealth gap

Call to bring back inheritance tax to tackle wealth gap

Call to bring back inheritance tax to tackle wealth gap

Inheritance taxes are economically efficient and reduce inequality between those who work for an income and those who earn income from wealth, economists say.

Australia rejects 'killing' the US aluminium market

Australia rejects 'killing' the US aluminium market

Australia rejects 'killing' the US aluminium market

Australia rejects 'killing' the US aluminium market

Australia has denied exploiting tariff exemptions granted by the first Trump administration despite claims aluminium sales have been "killing" the US market.

Origin bets on gas and batteries to keep the lights on

Origin bets on gas and batteries to keep the lights on

Origin bets on gas and batteries to keep the lights on

Origin bets on gas and batteries to keep the lights on

Leading energy retailer Origin Energy says it is "well-placed" to benefit from the energy transition as it bets on big batteries to help keep the lights on.

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'Game-changing' anti-scam laws to protect consumers

Scam victims will have clearer paths to compensation if businesses do not shore up their defences after scam prevention measures were enshrined in law.

White House considering exemptions on tariffs: Johnson

US President Donald Trump may consider exemptions to reciprocal tariffs, US House of Representatives Speaker Mike Johnson says.

Business lobby backs tax boost to bolster productivity

The Business Council of Australia has called for the federal government to hand all companies a 20 per cent investment allowance in the upcoming budget.

Taxpayers take risk on Rex if ailing airline can't sell

Experts are questioning why taxpayers should be placed on the hook for bailing out Rex through a government takeover if buyers are unwilling to take the risk.

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'Governments shouldn't own airlines': Rex rescue panned

A possible government takeover of failed airline Rex has come under fire, with the sector declaring a taxpayer lifeline would create an uneven playing field.

'Strong ally': Australia won't return fire on tariffs

The clock is ticking for Australia to secure an exemption to Donald Trump's steel tariffs after he accused leaders of breaking their word on an export deal.

AGL slams nuclear option, doubles down on big batteries

Australia's biggest emitter AGL Energy will build "a whole range of assets", but not nuclear reactors, to support the closure of 50-year-old coal power plants.

'No-brainer' home ownership boost for HECS debt Aussies

Australians saddled with student debt who want to enter the housing market will be given a helping hand, under changes to lending requirements.

USAID watchdog fired after sounding alarm about funding

The inspector general for the US Agency for International Development has been fire, after he warned that billions of dollars in unspent aid was untrackable.

Concern Australian jobs at risk over Trump's tariffs

Australian communities that rely heavily upon steel and aluminium production jobs are closely watching developments on US tariffs and hoping for an exemption.

Doctors fear health fallout from nuclear energy plans

Doctors have warned of health harms for frontline energy workers, local children and the wider community from the coalition's nuclear power plan.

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