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Latest news: Economy, Business and Finance

Super fund in strife over $20m in delayed payments

Super fund in strife over $20m in delayed payments

Superannuation fund Cbus has been accused of failing to process $20 million worth of death and disability claims in a timely manner.

Coles calls out 'politicisation' of cost of living

Coles calls out 'politicisation' of cost of living

Coles calls out 'politicisation' of cost of living

Coles calls out 'politicisation' of cost of living

Politicians are unfairly attacking supermarket chains to provide answers to difficult questions about inflation, grocery giant Coles says.

'It's a lifeline': relief as government hands Rex $80m

'It's a lifeline': relief as government hands Rex $80m

'It's a lifeline': relief as government hands Rex $80m

'It's a lifeline': relief as government hands Rex $80m

The federal government will provide up to $80 million to keep Rex regional routes operating, a relief for rural communities fearing for their future prosperity.

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Consumer confidence rebound wobbles following Trump win

Consumer confidence rebound wobbles following Trump win

The recovery in consumer confidence is gathering steam despite a blip following the United States election result last week.

Pacific nations don't want 'boomerang aid' for climate

Pacific nations don't want 'boomerang aid' for climate

As international climate negotiations begin, Pacific scholars have launched groundbreaking research to make sure their voices are heard at the top table.

Aldi banks on winning customers over opening new stores

Aldi banks on winning customers over opening new stores

The nearest supermarket rival to Coles and Woolworths says it's focused on trying to woo new customers rather than expanding its chain of Australian stores.

Australian economy prepared for Trump: Chalmers

Australian economy prepared for Trump: Chalmers

Treasurer Jim Chalmers believes Australia is well placed to deal with global financial shocks despite the looming threat of US tariffs.

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Trump factor unlikely to reverse clean energy momentum

Trump factor unlikely to reverse clean energy momentum

Trump factor unlikely to reverse clean energy momentum

Trump factor unlikely to reverse clean energy momentum

The "Trump factor" is unlikely to derail renewable energy momentum, a peak body says, as data on financial commitments suggests Australia is back on target.

Jobs market in focus as investors chew Trump triumph

Jobs market in focus as investors chew Trump triumph

Jobs market in focus as investors chew Trump triumph

Jobs market in focus as investors chew Trump triumph

Donald Trump's return is having no immediate impact on central bank inflation outlooks but domestic jobs figures could change the calculus for the RBA.

'Trump II' not the end of the world for clean energy

'Trump II' not the end of the world for clean energy

'Trump II' not the end of the world for clean energy

'Trump II' not the end of the world for clean energy

A second Trump presidency may be a "bump in the road" but it cannot stop the transition to clean energy the world started over 20 years ago, investors say.

Big sky, fierce summer: new line of sight for firies

Big sky, fierce summer: new line of sight for firies

Big sky, fierce summer: new line of sight for firies

Big sky, fierce summer: new line of sight for firies

Drones could help Aussies survive the "age of mega-fires" as climate change drives new fire seasons that are outpacing the disaster response of past decades.

Immigration debate looms as flashpoint in election

Immigration debate looms as flashpoint in election

Immigration debate looms as flashpoint in election

Immigration debate looms as flashpoint in election

After a hotly-contested debate surrounding immigration in the US, Australia is being urged to discuss the issue with facts during its upcoming election.

Farmers fear being frozen out by supermarket giants

Farmers fear being frozen out by supermarket giants

Farmers fear being frozen out by supermarket giants

Farmers fear being frozen out by supermarket giants

Produce growers face limited export opportunities, low bargaining power and high costs to supply Australian supermarket giants, an inquiry has heard.

'Frustrated, sceptical' consumers lose trust in grocers

'Frustrated, sceptical' consumers lose trust in grocers

'Frustrated, sceptical' consumers lose trust in grocers

'Frustrated, sceptical' consumers lose trust in grocers

Consumers doubt rising costs are totally to blame for higher grocery prices, as profits fall for manufacturers struggling to pass on surging costs.

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NAB boss flags trade war risk as annual profit dips

National Australia Bank boss Andrew Irvine is worried about the risk of a trade war between the US and China, and its implications for the Australian economy.

Heat on Nine directors over toxic company culture

The new chair of Nine has fielded questions about a toxic culture at the media giant, as investors deliver a strike against director pay packets.

Climate investors told to press ahead despite Trump

A leading economist has urged Australia to line up with countries that support climate action, arguing a Trump administration is likely to sideline US efforts.

Households face more bill stress as energy prices rise

Energy debt is expected to escalate even more than anticipated, sparking a review of payment difficulty protections for households and small businesses.

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No change to RBA forecasts after Trump election

The re-election of Donald Trump as US president could have "adverse implications" for the Australian economy but it has not changed the RBA's view on inflation.

Australia poised to work smarter not harder in AI era

Healthcare, agriculture and finance are tipped as the biggest winners in the era of artificial intelligence as Australia chases long-elusive productivity gains.

Trump win may not be a happy situation: Domino's chair

Domino's Pizza has introduced its new CEO to shareholders after farewelling Don Meij, as its chairman weighed in on the implications of a Trump presidency.

Trucks, trains and dozers drive Fortescue's 'real zero'

Iron ore billionaire Andrew "Twiggy" Forrest says he intends to silence the naysayers with profitable patented green technology to save the planet - and mining.

Foot-and-mouth disease vaccine supply deal secured

A major deal with a pharmaceutical company will ensure Australia has access to antigens and vaccines to defend itself against a foot-and-mouth disease outbreak.

Supply the key to fixing housing, not taxes: Treasury

The focus of the government should be on increasing housing supply rather than cutting tax concessions for property investors, the Treasury chief says.

February rate cut hopes hinge on jobs market softening

The economic outlook has been downgraded as the big four banks' predictions of a February interest rate cut narrows.

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