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The Latest News from economy, business and finance

Chinese ambassador says wine tariff review on track

Chinese ambassador says wine tariff review on track

The Chinese ambassador and the Australian trade minister are both hopeful a Chinese review into tariffs on Australian wine is moving in the right direction.

Businesses to save as government scraps tariffs

Businesses to save as government scraps tariffs

Businesses to save as government scraps tariffs

Businesses to save as government scraps tariffs

Hundreds of nuisance tariffs on everyday items like tools, clothing, dishwashers and more will be scrapped in a move that will save businesses millions.

House prices surge in years since pandemic

House prices surge in years since pandemic

House prices surge in years since pandemic

House prices surge in years since pandemic

House prices have risen by more than 30 per cent across Australia in the four years since the outbreak of COVID-19, a report has revealed.

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Consumers paying the price for 'slow' data right scheme

Consumers paying the price for 'slow' data right scheme

The economy would get a $16.7 billion boost within decades and almost 50,000 new jobs if consumers could give the nod to sharing more data, economists say.

Australia facing investment 'drought', review needed

Australia facing investment 'drought', review needed

Australia's peak business body is warning the nation faces an "investment drought" and could lose further economic opportunities unless changes are made.

Test for consumer sector as optimism creeps back in

Test for consumer sector as optimism creeps back in

The state of the consumer and business sectors will be on display this week, with a speech from a Reserve Bank of Australia official also of interest.

Australian mines 'cleanest and greenest in the world'

Australian mines 'cleanest and greenest in the world'

Aussie mines are the world's cleanest and greenest, Resources Minister Madeleine King says during a quest to lure investment away from a rival commodity giant.

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Fatal flaws: grim warnings about fire ant program

Fatal flaws: grim warnings about fire ant program

Fatal flaws: grim warnings about fire ant program

Fatal flaws: grim warnings about fire ant program

An inquiry aired serious concerns about efforts to eradicate fire ants - a hyper-aggressive super pest that could change what it's like to live in Australia.

Mining magnate Gutnick banned from managing businesses

Mining magnate Gutnick banned from managing businesses

Mining magnate Gutnick banned from managing businesses

Mining magnate Gutnick banned from managing businesses

Former Melbourne Demons president "Diamond" Joe Gutnick has been disqualified from managing corporations for his involvement in three failed companies.

'Often overlooked' women are the future of agriculture

'Often overlooked' women are the future of agriculture

'Often overlooked' women are the future of agriculture

'Often overlooked' women are the future of agriculture

Women are increasingly being recognised for their success in the agricultural sector in production, biosecurity, science and as champions of future farmers.

Slowing economy can't be ignored in budget: Chalmers

Slowing economy can't be ignored in budget: Chalmers

Slowing economy can't be ignored in budget: Chalmers

Slowing economy can't be ignored in budget: Chalmers

The treasurer says the upcoming federal budget will be a balancing act between fighting inflation and addressing a slowing economy.

'Unbalanced' duopoly impacting shoppers, farmers

'Unbalanced' duopoly impacting shoppers, farmers

'Unbalanced' duopoly impacting shoppers, farmers

'Unbalanced' duopoly impacting shoppers, farmers

The major supermarkets have offered "rock bottom" prices for purchasing produce because of their influence, farmers have told a parliamentary hearing.

'Unfair' supermarket prices on watchdog's hit list

'Unfair' supermarket prices on watchdog's hit list

'Unfair' supermarket prices on watchdog's hit list

'Unfair' supermarket prices on watchdog's hit list

The consumer regulator has vowed to find answers to shoppers' complaints of sky-high grocery prices and farmers' concerns about low supermarket payments.

Aussie artists' big bid to get paid more for radio play

Aussie artists' big bid to get paid more for radio play

Aussie artists' big bid to get paid more for radio play

Aussie artists' big bid to get paid more for radio play

Several major Australian music names have banded together at a Senate inquiry to seek more money for embattled artists instead of radio stations.

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Relief for Aussies paying billions extra at the bowser

Car rental firms will help drive electric vehicles into the used car market under a policy package designed to stop Aussies paying too much for transport.

Dumpster diving on the rise due to rising grocery costs

A Senate inquiry has heard there has been an uptick in people resorting to getting groceries from supermarket dumpsters.

Bullying behaviour denied in critical energy land deals

Land acquisition negotiations critical for new energy infrastructure have been "challenging", but a NSW minister has rejected allegations of bullying.

Margot Robbie the highest paid actress in 2023: Forbes

Barbie star Margot Robbie was the highest paid actress in 2023, according to Forbes' annual list, and the second-highest paid actor overall.

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Economy hit by 'dastardly duo' of rates and inflation

Australia's economy grew very little last quarter but the result was broadly in line with forecasts and unlikely to change the outlook for interest rates.

Southern Ocean wind zone cut to save whales, parrots

Australia's newest industry has taken a smaller-than-expected step forward with the latest offshore wind farm zone working around migratory whales and parrots.

Australia, Singapore map routes to greener shipping

Australia is working with maritime leader Singapore to cut greenhouse gas emissions from shipping, which is the world's biggest source of transport pollution.

Crocodile cuddles as regional leaders snap family photo

Australia will launch a $2 billion program to turbocharge trade with Southeast Asia, as regional leaders get up close and personal with crocodiles and koalas.

Crown to cut almost 200 jobs amid post-Packer review

Casino and resort giant Crown will slash nearly 200 jobs as it reviews the business, with most of the cuts coming from Melbourne.

Economy unlikely to have contracted but growth muted

The Australian economy looks to have narrowly missed a quarter in decline based on economic indicators released ahead of official growth figures.

East Timor confident of settling years-long gas dispute

East Timor Prime Minister Xanana Gusmão says Australia is more "open-minded" under Anthony Albanese about the future of the Greater Sunrise gas project.

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