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Latest news: Economy, Business and Finance

Australians warned: Meta to stop muzzling false claims

Australians warned: Meta to stop muzzling false claims

Australians are likely to see more false content and abuse on their Facebook, Instagram and Threads feeds when Meta ditches fact-checking problematic posts.

Trump not ruling out force in Panama Canal, Greenland

Trump not ruling out force in Panama Canal, Greenland

Trump not ruling out force in Panama Canal, Greenland

Trump not ruling out force in Panama Canal, Greenland

US President-elect Donald Trump has declined to say using military or economic means to gain control of the Panama Canal or Greenland is off the table.

Meta shelves US fact checking in major policy reversal

Meta shelves US fact checking in major policy reversal

Meta shelves US fact checking in major policy reversal

Meta shelves US fact checking in major policy reversal

Meta is ending its fact-checking program with third parties in the United States, saying fact checkers have their own biases.

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Home building to pick up in 2025, but only modestly

Home building to pick up in 2025, but only modestly

Housing construction is expected to ramp up this year but labour shortages, builder insolvencies and higher global inflation pose headwinds.

Coalition insists nuclear plan won't blow up economy

Coalition insists nuclear plan won't blow up economy

The federal opposition has slammed government analysis that suggests its nuclear energy calculations are based on a shrinking economy in five states.

Consumer confidence starts year with a bang

Consumer confidence starts year with a bang

Consumer confidence has bounced higher and is expected to keep improving as rising real wages and rate cuts support household incomes.

Owners blasted as 'old tech' steel furnace restarts

Owners blasted as 'old tech' steel furnace restarts

The operators of Whyalla's steelworks say they have "rescued" the vintage plant but warn there is still a long way to go before it is stable and secure.

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Tech fears overpower hiring woes as top business worry

Tech fears overpower hiring woes as top business worry

Tech fears overpower hiring woes as top business worry

Tech fears overpower hiring woes as top business worry

Cybersecurity, artificial intelligence and other technology issues are keeping business leaders up at night, with labour shortages now a lower-priority concern.

Evolving world water cycle threatens Australia, Pacific

Evolving world water cycle threatens Australia, Pacific

Evolving world water cycle threatens Australia, Pacific

Evolving world water cycle threatens Australia, Pacific

Floods and droughts are among the deadliest threats, scientists warn in a report calling for better preparedness as climate change alters the world water cycle.

Countdown to election day as aftershocks rattle Vanuatu

Countdown to election day as aftershocks rattle Vanuatu

Countdown to election day as aftershocks rattle Vanuatu

Countdown to election day as aftershocks rattle Vanuatu

Still reeling from aftershocks, campaigning has begun for a very challenging election in Vanuatu after many polling booths were hit in December's deadly quake.

World's biggest atlas in sight of Aussie startup

World's biggest atlas in sight of Aussie startup

World's biggest atlas in sight of Aussie startup

World's biggest atlas in sight of Aussie startup

Map enthusiasts will soon have more information at their fingertips as drone imagery is added to a platform vying to become the world's biggest digital atlas.

Inflation, retail sales kick off 2025 economic calendar

Inflation, retail sales kick off 2025 economic calendar

Inflation, retail sales kick off 2025 economic calendar

Inflation, retail sales kick off 2025 economic calendar

The new year is off to a big start on the economic front with new inflation and retail sales figures due to be released.

Aussie dollar rebounds after dropping to 26-month low

Aussie dollar rebounds after dropping to 26-month low

Aussie dollar rebounds after dropping to 26-month low

Aussie dollar rebounds after dropping to 26-month low

The Australian dollar has moved back above 62 US cents after falling below that level for the first time in more than two years against a surging greenback.

Rental affordability still stretched, but worst is over

Rental affordability still stretched, but worst is over

Rental affordability still stretched, but worst is over

Rental affordability still stretched, but worst is over

Vacancy rates are edging higher and growth in advertised rents is stalling in welcome news for the nation's renters.

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Subscription trap warning for new year health goals

New year health and wellness regimes could come at a cost to your hip pocket if you fall victim to subscription traps and other unfair trading practices.

Weak start, stronger finish tipped for property in 2025

Australia's property market is entering 2025 in a downturn and while interest rate cuts should boost demand, any home price growth rebound is tipped to be mild.

Movie ticket sales slide in 2024, down three per cent

US movie ticket sales slipped more than three per cent in 2024, according to estimates from Comscore.

Hope for end to wage theft as laws come into force

Criminal penalties for employers who deliberately underpay workers have come into effect, with hopes they will deter bosses from engaging in the practice.

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Consumers taking charge: energy saving tips for 2025

Power-hungry appliances are draining the wallets of cash-strapped Aussies, experts warn, but there are ways consumers can take charge in 2025.

Rate cuts on horizon in mixed 2025 for the economy

Borrowers can expect cashflow relief from interest rate cuts in 2025, yet a further deterioration in the jobs market will also start to be felt.

Risk or reward: mandatory climate reporting to begin

The start of mandatory reporting on climate risks for large companies and financial institutions is expected to bring challenges for entire supply chains.

New year changes to boost payments and career options

Employers who underpay staff will be committing a criminal offence in 2025, while more than a million Australians will see changes to government payments.

Loyalty penalty costing power customers, warns ACCC

Energy consumers are paying more than they should be and the consumer watchdog wants households to force providers to compete harder by shopping around.

Drivers urged to 'shop around' as petrol prices surge

Australians are facing headaches at the petrol bowser and a national body has called for an investigation as costs surge in capital cities.

Short trips, cheaper grub: tight budgets change travel

Australians are still travelling but patterns are changing to reflect tougher financial conditions with many taking shorter trips closer to home.

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