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Latest news: Economy, Business and Finance

Aussie-made tax breaks urged to combat forced labour

Aussie-made tax breaks urged to combat forced labour

Tax breaks for local producers could become law if the coalition upholds its opposition to forced labour in global supply chains, an anti-slavery expert says.

Fading US climate leadership opens door for Australia

Fading US climate leadership opens door for Australia

Fading US climate leadership opens door for Australia

Fading US climate leadership opens door for Australia

Australia could end up with cheaper electric cars and renewed opportunities for green manufacturing as United States' climate leadership goes on hiatus.

I'd rather not use tariffs against China: Donald Trump

I'd rather not use tariffs against China: Donald Trump

I'd rather not use tariffs against China: Donald Trump

I'd rather not use tariffs against China: Donald Trump

US President Donald Trump has presented tariffs as a kind of silver bullet against China during an interview on Fox News.

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The 'existential' threat facing the corporate watchdog

The 'existential' threat facing the corporate watchdog

Corporations and regulators are struggling to adapt to modern business conditions and regular Australians are suffering as a result, says ASIC boss Joe Longo.

Ballooning capital works blamed for budget blowout

Ballooning capital works blamed for budget blowout

A state will be in the red for some years as its government flags swelling infrastructure costs, as the opposition warns of the risk of potential spending cuts.

Home construction rises but target remains out of reach

Home construction rises but target remains out of reach

High costs, labour shortages and low productivity are limiting the sector's ability to build new homes as construction activity remains below required levels.

Trump stirs tariff pot, toying with fresh threats on EU

Trump stirs tariff pot, toying with fresh threats on EU

A day after taking office, US President Donald Trump has reiterated tariff threats without immediately imposing the taxes he threatened during his campaign.

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Europe extends hand to US, warns of 'race to bottom'

Europe extends hand to US, warns of 'race to bottom'

Europe extends hand to US, warns of 'race to bottom'

Europe extends hand to US, warns of 'race to bottom'

The EU is taking a "wait and see" approach to relations with the newly inaugurated US President Donald Trump in an attempt to avoid a trade conflict.

'Mum guilt': parents battle growing school costs

'Mum guilt': parents battle growing school costs

'Mum guilt': parents battle growing school costs

'Mum guilt': parents battle growing school costs

As Australian parents deal with the ballooning cost of school supplies amid other cost-of-living pressures, a minor party is promising relief.

Prince Harry's trial against UK tabloid poised to start

Prince Harry's trial against UK tabloid poised to start

Prince Harry's trial against UK tabloid poised to start

Prince Harry's trial against UK tabloid poised to start

Prince Harry's highly anticipated legal case against Rupert Murdoch's UK tabloid newspapers is about to get underway in London.

Cheap loans for farmers under green bank scheme

Cheap loans for farmers under green bank scheme

Cheap loans for farmers under green bank scheme

Cheap loans for farmers under green bank scheme

Low-cost loans will be made available to landowners planting native vegetation to sequester carbon in a win-win for farmers and the climate.

Lifting unemployment benefit found to slow job hunting

Lifting unemployment benefit found to slow job hunting

Lifting unemployment benefit found to slow job hunting

Lifting unemployment benefit found to slow job hunting

Increasing the rate of welfare payments discourages unemployed people from looking for work, but that doesn't mean it's bad policy, a study has found.

Housing affordability blow as construction costs go up

Housing affordability blow as construction costs go up

Housing affordability blow as construction costs go up

Housing affordability blow as construction costs go up

The cost of building a home continues to rise, making it harder for builders to meet supply targets and alleviate housing affordability.

Tax breaks for clean aluminium to foil carbon emissions

Tax breaks for clean aluminium to foil carbon emissions

Tax breaks for clean aluminium to foil carbon emissions

Tax breaks for clean aluminium to foil carbon emissions

Australia's aluminium industry is set to share in billions of dollars of tax credits to help emissions-intensive smelters convert to cleaner sources of energy.

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Star shares hit the skids as survival odds take a blow

Shares are down seven per cent at Star after the embattled casino company warned of "material uncertainty" about its ability to continue.

Lifetime pensions urged to make super system easier

A report has called for retirees to be able to buy a lifetime annuity from the federal government to boost their super balance.

TikTok stops working for US users as ban takes effect

A TikTok ban imposed on 170 million American users has taken effect as app stores pull the popular social video platform from their offerings in the US.

World economy holds breath on eve of Trump inauguration

Australian home building data will be scrutinised for signs of progress on housing supply as economists await Donald Trump's first policies as US president.

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Ways for consumers to put the 'sun tax' in the shade

Experts share their tips on how households can avoid the network "sun tax" and get more bang for their solar buck as once-generous tariffs come to an end.

Parents urged to help close gender gap in technology

A new gap-year program hopes to create systemic change in the technology and e-commerce sectors by helping to close the gender gap.

Road funds part of $18b spend on suburban 'engine room'

A critical pipeline will be upgraded to get workers and tourists in and out of a major new airport and create an "engine room for economic growth".

Gas heavyweight a step closer to new powers

A former gas company executive will play a key role under new powers to accelerate economic projects and override existing protections.

Australia warned to get productive or be left behind

Fault lines are widening between economic performance of nations and a global body warns Australia risks being left behind if it fails to improve productivity.

Tourism, wool exporters to win from China stimulus lift

China's economy is set to slow as high debt and sluggish productivity weigh on investment and spending, but stimulus measures could boost Australian exporters.

Why the RBA should rethink key inflation assumption

The strength of Australia's labour market has kept the Reserve Bank from cutting interest rates but growing evidence suggests it's not as crucial as thought.

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