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Latest news: Economy, Business and Finance

G20 summit adopts declaration despite US boycott

G20 summit adopts declaration despite US boycott

World leaders from the Group of 20 nations have broken with tradition and adopted a declaration at the start of the summit despite opposition from the US.

COP30 climate summit deadlock as EU rejects draft deal

COP30 climate summit deadlock as EU rejects draft deal

COP30 climate summit deadlock as EU rejects draft deal

COP30 climate summit deadlock as EU rejects draft deal

COP30 negotiations are deadlocked over whether the accord should set the world on a clearer path away from fossil fuels, with the EU calling the draft too weak.

'Important step': hope for progress on stalled EU deal

'Important step': hope for progress on stalled EU deal

'Important step': hope for progress on stalled EU deal

'Important step': hope for progress on stalled EU deal

Negotiations have twice fallen at the final hurdle but Australian and European officials see positive signs for finally striking an elusive free trade deal.

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WiseTech cops first strike on pay as probe continues

WiseTech cops first strike on pay as probe continues

An impassioned speech from an Australian technology mogul wasn't enough to woo shareholders into approving a corporate pay deal after a year of controversy.

Treasurer blocks US takeover of Aussie pharma company

Treasurer blocks US takeover of Aussie pharma company

A takeover deal for an Australian pharmaceutical manufacturer has been knocked on the head, with the treasurer citing risks to the supply of critical medicines.

Fire disrupts COP30, 13 treated for smoke inhalation

Fire disrupts COP30, 13 treated for smoke inhalation

Thirteen people have been treated for smoke inhalation following a fire at the COP30 venue in Brazil, organisers say.

US posts solid jobs data in September, unemployment up

US posts solid jobs data in September, unemployment up

US employers added a surprisingly solid 119,000 jobs in September, the Labor Department says.

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Slash spending and reform taxes, IMF urges Australia

Slash spending and reform taxes, IMF urges Australia

Slash spending and reform taxes, IMF urges Australia

Slash spending and reform taxes, IMF urges Australia

Australia should reintroduce a mining tax and limit spending growth in the NDIS and aged care, according to a leading global financial institution.

Market darling brought to earth by sell-offs and exit

Market darling brought to earth by sell-offs and exit

Market darling brought to earth by sell-offs and exit

Market darling brought to earth by sell-offs and exit

After becoming one of the hottest companies on the market, defence innovator DroneShield has lost 70 per cent of its listed value in less than two months.

House prices surge as city-dwellers flee to the regions

House prices surge as city-dwellers flee to the regions

House prices surge as city-dwellers flee to the regions

House prices surge as city-dwellers flee to the regions

Aspiring home buyers are fleeing to the regions as falling interest rates and limited supply drives city house prices to fresh record highs.

Private sector wages slowdown could ease RBA fears

Private sector wages slowdown could ease RBA fears

Private sector wages slowdown could ease RBA fears

Private sector wages slowdown could ease RBA fears

Pay packets are still growing but economists warn rising inflation could soon bring that to an end.

Saudi prince didn't know about Khashoggi killing: Trump

Saudi prince didn't know about Khashoggi killing: Trump

Saudi prince didn't know about Khashoggi killing: Trump

Saudi prince didn't know about Khashoggi killing: Trump

The brutal murder of journalist Jamal Khashoggi has cast a shadow over Saudi Arabia's Crown Prince Mohammed bin Salman visit to the White House.

Host Brazil pushes for progress on big issues at COP30

Host Brazil pushes for progress on big issues at COP30

Host Brazil pushes for progress on big issues at COP30

Host Brazil pushes for progress on big issues at COP30

COP30 UN climate talks host Brazil is spearheading a push for a detailed road map for the world to phase out or transition away from fossil fuels.

Right to disconnect laws slashing unpaid overtime hours

Right to disconnect laws slashing unpaid overtime hours

Right to disconnect laws slashing unpaid overtime hours

Right to disconnect laws slashing unpaid overtime hours

Laws designed to prevent employees from having to pick up the phone outside of work hours appear to be having their intended effect, a report shows.

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Embattled telco takes another hit after anti-scam fail

Optus has paid a six-figure fine after a technical glitch let scammers gain access to customers' bank accounts.

CSL injects $2.3b into US for valuable blood plasma

After Donald Trump threatened pharmaceutical tariffs, CSL says it will invest another $2.3 billion building a new blood plasma facility in the United States.

Toll relief extended but bumpy road ahead to fund it

Motorists in one state will be cheering at the extension of a $60 weekly 'cap' on road tolls - though some may cop a new fee to cross an Australian landmark.

Customer dies after triple-zero fails on mobile phone

The embattled telco industry remains in the spotlight after a customer died when their phone could not make triple-zero calls.

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Pope pleads for climate action to save God's creation

Pope Leo XIV is urging countries at United Nations climate talks to take “concrete actions” to stop climate change that is threatening the planet

'Numbers game': shopping scammers profit on sales craze

While bricks and mortar retailers might be relishing upcoming Black Friday and Christmas sales, online scammers are also licking their lips.

RBA reveals what would rule out more interest rate cuts

Barring a material rise in unemployment or weaker-than-expected economic growth, mortgage holders can just about give up hope for any more interest rate relief.

BlueScope Steel keen on Whyalla's iron ore resource

Steel giant BlueScope is leading a consortium to potentially acquire the Whyalla Steelworks, an asset it views as having potential beyond its core business.

Big bank boss takes swipe at surcharge ban consequences

As the Reserve Bank considers a ban on credit card surcharges, the head of the nation's biggest bank has warned of "wrong assumptions" about the payments.

Christmas bookings bring good tidings for pub giant

Australians look set to open their wallets over the festive period with hospitality giant Endeavour Group projecting strong Christmas pub bookings.

Insurance costs to 'skyrocket' after workers comp fail

Insurance premiums for many charities and small businesses are set to spike after sweeping workers compensation reforms were voted down.

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