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Latest news: Economy, Business and Finance

Grocery grace as subsidy helps bring down outback costs

Grocery grace as subsidy helps bring down outback costs

The cost of 30 essential grocery items will be cut drastically in 15 remote communities after the federal government expanded an outback store subsidy scheme.

Warner Bros signs $US110 billion deal with Paramount

Warner Bros signs $US110 billion deal with Paramount

Warner Bros signs $US110 billion deal with Paramount

Warner Bros signs $US110 billion deal with Paramount

Warner Bros Discovery has agreed to a $A155 billion takeover deal by Paramount Skydance.

Love economics collides with attraction technology

Love economics collides with attraction technology

Love economics collides with attraction technology

Love economics collides with attraction technology

For decades Aussies have been increasingly pairing up with similarly educated and monied partners but online dating my have done away with "assortive mating".

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Homecoming Queen: Mary to begin state visit at Uluru

Homecoming Queen: Mary to begin state visit at Uluru

Denmark’s Tasmanian-born Queen Mary and King Frederik will begin their state visit to Australia in the "Red Centre".

Major insurer unsure of next steps amid legal action

Major insurer unsure of next steps amid legal action

One of the nation's major insurers is unsure how to proceed in the face of legal action after thousands of customers lost promised online discounts.

Harvey Norman shares tumble despite big profit growth

Harvey Norman shares tumble despite big profit growth

Harvey Norman shares dropped to a nearly seven-month low after the retail/property company announced its half-year profit was up 17 per cent to $466 million.

'Down Down': Coles shares shamed as sales growth slows

'Down Down': Coles shares shamed as sales growth slows

Coles' half-year earnings have disappointed the market, with shares in the supermarket giant falling to their lowest level since August.

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Writing on the wall for letter delivery in Australia

Writing on the wall for letter delivery in Australia

Writing on the wall for letter delivery in Australia

Writing on the wall for letter delivery in Australia

Handwritten notes, Christmas cards and household bills are making way for algorithms and gig economies in a changing world of correspondence.

Virgin leaders join Qantas on airport costs warning

Virgin leaders join Qantas on airport costs warning

Virgin leaders join Qantas on airport costs warning

Virgin leaders join Qantas on airport costs warning

Australia's second-largest airline is out of administration and back-paying taxes, but warns rising industry costs could put air travel out of reach for some.

Maggie Beer group back in the black despite tough half

Maggie Beer group back in the black despite tough half

Maggie Beer group back in the black despite tough half

Maggie Beer group back in the black despite tough half

Maggie Beer Holdings has returned to profit as it continues to examine a number of unsolicited offers for its hampers business.

Qantas shares nosedive amid weak international demand

Qantas shares nosedive amid weak international demand

Qantas shares nosedive amid weak international demand

Qantas shares nosedive amid weak international demand

Qantas shares flew high in early trading but then faltered and plunged to a three-month low after Australia's biggest airline delivered mixed half-year results.

Discounting, inventory issues weigh on Rebel Sport

Discounting, inventory issues weigh on Rebel Sport

Discounting, inventory issues weigh on Rebel Sport

Discounting, inventory issues weigh on Rebel Sport

Super Retail Group's profit fell 20 per cent in the first half, but sales were up and that momentum has continued into the second half.

Threatened island nation to host pre-climate meet talks

Threatened island nation to host pre-climate meet talks

Threatened island nation to host pre-climate meet talks

Threatened island nation to host pre-climate meet talks

Fiji and Tuvalu will host key meetings ahead of the 2026 COP31 summit, bringing the world's attention to a region on the frontline of climate change.

Renewables growth energises spending as inflation rises

Renewables growth energises spending as inflation rises

Renewables growth energises spending as inflation rises

Renewables growth energises spending as inflation rises

Capital expenditure has been rising fast in Australia as the treasurer warns stubborn inflation will mean savings are needed in the budget.

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Data centres urged to BYO clean energy, train workers

Momentum is building behind a data centre sector that will need to be powered by additional renewable energy capacity, along with upskilled workers.

Grocery giant hits 17-month high on 'fantastic result'

Woolworths has delivered better-than-expected earnings while improving customer satisfaction scores, sending its shares soaring to a 17-month high.

'Rise on the horizon': inflation fuels rate hike fears

A small increase in underlying inflation has led to growing expectations the Reserve Bank will lift the cash rate in coming months.

'Dumbest option': top economist slams housing tax break

The government has been urged to draw a clean break on any changes to taxes on investment properties as it considers major reforms in the federal budget.

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Call to protect Australia's cultural heritage from AI

AI will rob Australia of its writers, musicians and filmmakers unless there's an overhaul of intellectual property protections, a professor warns.

'Look at the divvy': iron ore miner's bumper payout

Iron ore miner Fortescue has raised its interim profit and will pay out 65 per cent of earnings to shareholders, as it continues to decarbonise its business.

Data centres spruiked as energy grid 'shock absorbers'

Australia has the energy resources to host data centres and they can be built to play nicely with the electricity network, the federal climate minister says.

WiseTech to axe 2000 staff as AI transition boots up

The era of manually written code is over, the boss of logistics technology group WiseTech Global says, as it becomes the latest company to flag AI job cuts.

Demand for travel remains resilient: Flight Centre

Demand for travel remains resilient, Flight Centre boss Graham Turner says, after the group lifted interim earnings by four per cent.

Punters take some skin off but gambling giant wagers on

Wagering giant Tabcorp has absorbed the $10 million impact of winning punters in the first half of 2025/26, thanks to the diversification of its business.

The 'stealthy' price-setter of Australian energy bills

Australians wondering why they are paying more for power should be looking to pricey gas and dubious energy retailer conduct, the Climate Council says.

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