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Latest news: Economy, Business and Finance

Five-year energy blueprint greenlights Indigenous power

Five-year energy blueprint greenlights Indigenous power

A national blueprint greenlights access to cheaper, safer power for Indigenous Australians as the market operator reassures ministers about overall supply.

Worst housing affordability in almost three decades

Worst housing affordability in almost three decades

Worst housing affordability in almost three decades

Worst housing affordability in almost three decades

Homeowners and renters face some of the most challenging conditions in years, with both groups spending a growing proportion of income on a place to live.

Tide turns for retailers with shop tills tipped to ring

Tide turns for retailers with shop tills tipped to ring

Tide turns for retailers with shop tills tipped to ring

Tide turns for retailers with shop tills tipped to ring

Australians have been saving what they can as living costs soar but experts expect more spending in the next 12 months, especially when interest rates are cut.

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Banks, super funds called upon to end 'hidden epidemic'

Banks, super funds called upon to end 'hidden epidemic'

Financial institutions are being called on to help end the scourge of financial abuse after a parliamentary report found the issue is rife across the nation.

Calls to lift small businesses out of red tape quagmire

Calls to lift small businesses out of red tape quagmire

The government is being urged to change the definition of a small business and lessen the weight of regulation for employers struggling with rising costs.

Are you better off: question at heart of next election

Are you better off: question at heart of next election

The opposition says excessive government spending is trashing the economy, but Labor says coalition cuts would just make it harder for households.

Where home prices are expected to grow fastest in 2025

Where home prices are expected to grow fastest in 2025

Australian property values are set to keep rising over the next 12 months but controversial tax changes are helping keep one state's home price growth in check.

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Potential credit rating drop keeps government dangling

Potential credit rating drop keeps government dangling

Potential credit rating drop keeps government dangling

Potential credit rating drop keeps government dangling

Project cost blowouts and extra government spending could put too much pressure on a state's budget for it to retain its longstanding AA+ credit rating.

Boral cements position as emissions-busting tech leader

Boral cements position as emissions-busting tech leader

Boral cements position as emissions-busting tech leader

Boral cements position as emissions-busting tech leader

After almost 100 years burning coal, a revamped cement works will reduce the carbon footprint of one of Australia's most heavily polluting industries.

Economy yet to shake malaise as growth misses forecasts

Economy yet to shake malaise as growth misses forecasts

Economy yet to shake malaise as growth misses forecasts

Economy yet to shake malaise as growth misses forecasts

The Australian economy is growing slowly with government support, with energy rebates effectively transferring household spending to the public purse.

Work on 'safe' nuclear reactors from day one of victory

Work on 'safe' nuclear reactors from day one of victory

Work on 'safe' nuclear reactors from day one of victory

Work on 'safe' nuclear reactors from day one of victory

A warning it will take "decades" to make coal sites safe for nuclear reactors has been dismissed as polling shows staunch opposition from women voters.

KFC franchisee takes hit as costs eat into profit

KFC franchisee takes hit as costs eat into profit

KFC franchisee takes hit as costs eat into profit

KFC franchisee takes hit as costs eat into profit

KFC and Taco Bell franchisee Collins Foods says its underlying profit was down by nearly a quarter in the first half.

Thirty licences to open a cafe: state red tape ranked

Thirty licences to open a cafe: state red tape ranked

Thirty licences to open a cafe: state red tape ranked

Thirty licences to open a cafe: state red tape ranked

Australian business must work through a patchwork of regulations wherever they operate, but requirements in some states are more onerous than in others.

Milestone for renewable energy to power iron ore port

Milestone for renewable energy to power iron ore port

Milestone for renewable energy to power iron ore port

Milestone for renewable energy to power iron ore port

An energy project combining cyclone-busting solar panels and a big battery has been built in the Pilbara region to decarbonise iron ore port operations.

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Message deleted: plan to make telcos trash dodgy texts

Dodgy text messages claiming to be from banks and service providers could become a thing of the past as the federal government expands its crackdown on scams.

Consumers need power on shift to net zero emissions

Australians broadly support the shift to renewable energy but they don't know where to start when it comes to updating their homes or buying new appliances.

Lifeline for ex-steel workers from green iron exports

Economic modelling suggests a sovereign green iron industry could make more than $100 billion a year and create thousands of jobs for former steel workers.

Hint of consumer recovery to keep RBA focused on prices

Australia's retail sales enjoyed a boost from an early start to Black Friday discounting and recovering bank balances following tax cuts.

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Climate damage: $7 trillion hit to standard of living

Living standards will suffer further as extreme weather hits households and businesses, an investor group warns, with insurance already out of reach for some.

Call for super funds to pump gas giants for change

An analysis of the way some of the biggest superannuation funds vote at shareholder meetings suggests they're backing down over the expansion of oil and gas.

Eyes of the energy world on local vanadium battery tech

Australia's vanadium deposits could displace world supplies and solve the challenge of off-grid energy needs as a remote community trials homegrown technology.

Australian economy still limping along, data may show

New data is expected to show the national economy continues to be sluggish, in line with Treasurer Jim Chalmers' warning in parliament last month.

Virgin gets first clearance to take flight with Qatar

Virgin and Qatar airlines can begin planning new flights between Australia and Doha together, with a final decision on their partnership due within months.

Price-conscious Aussies spend up on record Black Friday

The cost-of-living crisis is driving more and more people towards sales, delivering retailers a bonanza on the increasingly popular Black Friday.

Rental housing supply boost promised under tax tweaks

As many as 80,000 rental properties are expected to be constructed over ten years now that build-to-rent tax changes have come into force.

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