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Latest news: Economy, Business and Finance

Surge in number of Australians seeking debt help

Surge in number of Australians seeking debt help

Australians are struggling with the mounting cost of living, with the National Debt Helpline fielding a significant increase in calls.

Aussie brilliance attracts backers in race for quantum

Aussie brilliance attracts backers in race for quantum

Aussie brilliance attracts backers in race for quantum

Aussie brilliance attracts backers in race for quantum

Deep tech and semiconductor investors are bankrolling a homegrown leader in diamond-based quantum technology that could save the world time and energy.

Buyer's market: 2025 to bring relief to home buyers

Buyer's market: 2025 to bring relief to home buyers

Buyer's market: 2025 to bring relief to home buyers

Buyer's market: 2025 to bring relief to home buyers

A major pullback in house price rises has not stopped the market from extending its growth streak to eight consecutive quarters.

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Light-bulb moment on clean energy yet to come for many

Light-bulb moment on clean energy yet to come for many

Renewable energy has been powering Australia for decades but a lack of public awareness has allowed furphies to fester ahead of a vital election, experts warn.

Experts put money on early rate cut as spending slides

Experts put money on early rate cut as spending slides

A decline in spending on household goods has bolstered hopes of an RBA rate cut, which would help boost dour consumer sentiment.

Cash splash for vital rare earths to break China's grip

Cash splash for vital rare earths to break China's grip

A rare earths project backed by Australia's richest woman Gina Rinehart is getting a leg-up from the taxpayer to fast-track a mine and refinery.

Australia has 'well and truly passed' rental boom peak

Australia has 'well and truly passed' rental boom peak

Affordability pressures and rising vacancy rates are keeping a lid on rental growth after years of surging prices.

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Consumers feel finances slide but hold hope for future

Consumers feel finances slide but hold hope for future

Consumers feel finances slide but hold hope for future

Consumers feel finances slide but hold hope for future

Easing inflation is increasing the likelihood of a near-term rate cut, which would provide a welcome boost to consumer sentiment in 2025.

Casino hub could be first to go to save falling Star

Casino hub could be first to go to save falling Star

Casino hub could be first to go to save falling Star

Casino hub could be first to go to save falling Star

A casino precinct might be the first asset sold from an embattled operator's multi-million dollar portfolio in a bid to avoid going belly up.

As dollar dips towards 60c, tariff threat may Trump all

As dollar dips towards 60c, tariff threat may Trump all

As dollar dips towards 60c, tariff threat may Trump all

As dollar dips towards 60c, tariff threat may Trump all

The Aussie dollar is edging closer to the psychologically significant 60 US cents barrier and Donald Trump could determine whether it crashes through in 2025.

Milestone for Rinehart's lithium play in auto heartland

Milestone for Rinehart's lithium play in auto heartland

Milestone for Rinehart's lithium play in auto heartland

Milestone for Rinehart's lithium play in auto heartland

A project backed by billionaire Gina Rinehart is marking a milestone in developing a sustainable supply chain for electric cars by harnessing geothermal energy.

Australia's bullet-proof jobs market put to the test

Australia's bullet-proof jobs market put to the test

Australia's bullet-proof jobs market put to the test

Australia's bullet-proof jobs market put to the test

Even with restrictive interest rate settings and inflation battering the economy, Australia's labour market has proved surprisingly resilient.

Parents shell out billions as back-to-school costs rise

Parents shell out billions as back-to-school costs rise

Parents shell out billions as back-to-school costs rise

Parents shell out billions as back-to-school costs rise

Technology is a major factor in rising back-to-school costs as Australian teachers notice an increase in students without the essentials.

UK, China restart economic talks after six-year hiatus

UK, China restart economic talks after six-year hiatus

UK, China restart economic talks after six-year hiatus

UK, China restart economic talks after six-year hiatus

China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain’s Treasury chief to Beijing.

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Plastic-eating enzymes to transform fashion, packaging

An Aussie startup is developing plastic-eating enzymes in a breakthrough for "infinitely recycling" fashion and bottles that would otherwise end up in landfill.

Tourists splash cash in Australia's holiday hotspots

Parking nightmares and long lines at coffee shops are common in Australia's beachside towns during peak season - a period local businesses rely on.

PM finishes three-state blitz with key message

Anthony Albanese and Peter Dutton have launched a soft test of their pitches to voters ahead of the federal election after a week of unofficial campaigning.

Call for states to fire up new gas to avoid shortfall

Federal Labor has been urged to reverse "anti-gas policies" with structural shortfalls forecast from 2027 and Australians still under the pump on energy bills.

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Movie-goers, bargain hunters boost discretionary spend

Australians spent more on new cars, movie tickets and discounted clothes and household goods in the month leading up to the Christmas period.

No magical save for Star as govt focuses on workers

As the shares of embattled casino operator Star Entertainment fall to an all-time low, a state government has ruled out giving it a financial lifeline.

Property dominates wealth but stocks safer than houses

Investors might start looking outside of the property market where most of Australia's wealth is held, as returns for another sector outstrip housing.

Black Friday spurs spending but full figures fall short

Consumer spending is past its weakest point but still subdued, despite a spike in activity from annual promotions in November.

Casino operator Star's shares plunge amid grim finances

Star Entertainment says it had just $79 million in cash left at December 31, after burning through $107 million over the previous three months.

Cheap loans for firms to accelerate electric cars, utes

Cheap loans could save small and medium-sized businesses thousands in interest payments under a $50 million top-up aimed at reducing energy bills and emissions.

Jobs on the line: skills employees need to stay in work

Employers have revealed the most sought-after skills they want in workers with predictions 20 per cent of jobs will undergo major change in the next five years.

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