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Latest news: Economy, Business and Finance

Warner Bros rejects Paramount takeover again

Warner Bros rejects Paramount takeover again

Warner Bros has spoken out against a takeover bid from Paramount, urging shareholders to instead support a Netflix offer.

US private payrolls miss expectations in December

US private payrolls miss expectations in December

US private payrolls miss expectations in December

US private payrolls miss expectations in December

US private payrolls rebounded less than expected in December, according to a new report.

Home approvals surge but affordability still an issue

Home approvals surge but affordability still an issue

Home approvals surge but affordability still an issue

Home approvals surge but affordability still an issue

Rent has soared to a median of $817 a week in Australia's most expensive city as a lack of supply stretches affordability to the limits around the nation.

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Fears more sinkholes could appear near tunnel project

Fears more sinkholes could appear near tunnel project

A large, gaping crater has opened at a suburban sports oval near major tunnel-boring works, sparking safety fears about whether another could emerge.

One-in-five solar panels degrading faster than expected

One-in-five solar panels degrading faster than expected

The discovery that some solar panels may last for only half their anticipated lifetimes suggests manufacturing and quality control issues need ironing out.

Global minimum tax deal update backed by 145 countries

Global minimum tax deal update backed by 145 countries

A 15 per cent global minimum tax framework has been kept as countries approved an update that allows carve-outs for some US companies.

Warning Australian cities not immune to LA-style fires

Warning Australian cities not immune to LA-style fires

A year on from the deadly wildfires that tore through Los Angeles, a comprehensive report shows Australian city fringes share many of the same vulnerabilities.

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Oil prices unlikely to rise far on Venezuelan turmoil

Oil prices unlikely to rise far on Venezuelan turmoil

Oil prices unlikely to rise far on Venezuelan turmoil

Oil prices unlikely to rise far on Venezuelan turmoil

Analysts say oil prices may rise slightly on heightened geopolitical tensions following the ouster of Venezuela's president but global supply should cap it.

Tesla loses global electric vehicle crown to BYD

Tesla loses global electric vehicle crown to BYD

Tesla loses global electric vehicle crown to BYD

Tesla loses global electric vehicle crown to BYD

Chinese company BYD has become the world's bestselling electric vehicle maker, taking over from US rival Tesla.

Crown casino faces NYE strike amid pay dispute

Crown casino faces NYE strike amid pay dispute

Crown casino faces NYE strike amid pay dispute

Crown casino faces NYE strike amid pay dispute

Partygoers' New Year's Eve celebrations are set to be thrown into chaos as hundreds of workers at Australia’s largest casino strike over a pay dispute.

New year brings cheaper medicines, higher energy bills

New year brings cheaper medicines, higher energy bills

New year brings cheaper medicines, higher energy bills

New year brings cheaper medicines, higher energy bills

A cut to the Pharmaceutical Benefits Scheme co-payment will slash the cost of medicines but Australians face higher power bills in the new year.

Beyonce now a billionaire, according to Forbes

Beyonce now a billionaire, according to Forbes

Beyonce now a billionaire, according to Forbes

Beyonce now a billionaire, according to Forbes

Forbes magazine says Beyoncé has joined her husband Jay-Z and Taylor Swift among an exclusive club of celebrity billionaires.

Malaysia to follow suit on Aust social media rules

Malaysia to follow suit on Aust social media rules

Malaysia to follow suit on Aust social media rules

Malaysia to follow suit on Aust social media rules

Malaysia is taking its lead from Australia and trialing stricter social media rules for children under 16 from January 1.

Australia makes list of 2025's costliest climate events

Australia makes list of 2025's costliest climate events

Australia makes list of 2025's costliest climate events

Australia makes list of 2025's costliest climate events

From catastrophic wildfires in Los Angeles to devastating floods in Asia, it's been a tough year of climate extremes and their economic burdens.

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Aussie ETF industry tipped for continued strong growth

Exchange-traded funds are becoming the preferred option for many investors, financial advisors and brokers to execute their portfolio ideas.

Boxing Day sales take off with bargain airfares

Shoppers are being urged to scrutinise Boxing Day bargain claims, while two major airlines have announced discounted fare sales.

How Boxing Day films fare against the streaming surge

As the popularity of streaming services booms, the traditional Australian pastime of the Boxing Day movie is still thriving amid a wider cinema-going decline.

Shoppers tipped to splash cash in Boxing Day spree

Budget-conscious buying is expected drive big Boxing Day sales as savvy shoppers splurge for the year ahead, helping retailers clear shelves and boost cashflow.

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'Horse has bolted' on cheap gas, even with reservation

Businesses and households want cheaper gas but it remains unclear how effective a plan to reserve more supply for domestic use will be at lowering prices.

RBA reveals what's needed to avert rate hikes in 2026

Two things must occur for the Reserve Bank to be satisfied that current interest rate levels can bring down inflation, board meeting minutes have revealed.

Video game pioneer behind Call of Duty, dies at 55

Vincent Zampella, a pioneer of the video game industry who created the wildly popular Call of Duty franchise, has died at 55.

Mega media group merger clears shareholder hurdle

Seven West Media shareholders have overwhelmingly agreed to the TV network's merger with Southern Cross Media, with the union set to be complete in weeks.

Gas reservation promises 'downward pressure' on prices

Australia will divert more of its gas for local use rather than export under a long-awaited reservation policy designed to ward off shortfalls.

Australians fleeing south to escape climate extremes

Australians are already on the move due to climate change, with one state the number one choice for those seeking relief from heat, floods and fires.

Bold company tax proposal still friendless after revamp

An alternative corporate tax proposal could have greater economic benefits if a requirement to be budget-neutral was removed, the Productivity Commission says.

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