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Latest news: Economy, Business and Finance

Hard sell for retail giant as consumers tighten belts

Hard sell for retail giant as consumers tighten belts

Households are clamping down on spending even more as financial uncertainty deepens, hitting sales at a leading Australian retailer.

Casino group still in the red as licence issues weigh

Casino group still in the red as licence issues weigh

Casino group still in the red as licence issues weigh

Casino group still in the red as licence issues weigh

Star Entertainment group is still talking to regulators and state governments over its gaming floor licence woes, after reporting another quarterly loss.

Drivers warned not to expect extended fuel excise cut

Drivers warned not to expect extended fuel excise cut

Drivers warned not to expect extended fuel excise cut

Drivers warned not to expect extended fuel excise cut

Anthony Albanese has indicated further price relief at the bowser is unlikely after an excise discount wraps up.

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Rate watchers eye inflation data and RBA chief's speech

Rate watchers eye inflation data and RBA chief's speech

Economists from some of the nation's biggest banks are expecting the RBA board to hold rates at its upcoming meeting, as crucial inflation data is set to drop.

Fuel supply secure despite price alert as war grinds on

Fuel supply secure despite price alert as war grinds on

The nation's fuel supply remains secure despite the war in Iran but motorists should brace for rising prices as experts warn of extensive economic impacts.

Non-stop flight from Europe touches down in Australia

Non-stop flight from Europe touches down in Australia

"G'day, welcome to Melbourne": French airline crew have touched down in Australia after an historic 19-hour test flight.

Aussie shares post worst day in a month as oil soars

Aussie shares post worst day in a month as oil soars

Mining stocks have dragged on the local stock exchange as geopolitical conflicts continue to drive energy prices higher, darkening the global growth outlook.

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Aussie fashion brand ships manufacturing offshore

A cult fashion brand will shift its Australian manufacturing overseas after years of making clothes with both local and overseas producers.

'Ludicrous' US levy slammed for free-trade deal breach

'Ludicrous' US levy slammed for free-trade deal breach

'Ludicrous' US levy slammed for free-trade deal breach

'Ludicrous' US levy slammed for free-trade deal breach

Australian businesses have reacted angrily to the Trump administration's higher tariffs on the nation's exports, as Canberra vows to push for their removal.

Gold miner shrugs off earthquake's impact on production

Gold miner shrugs off earthquake's impact on production

Gold miner shrugs off earthquake's impact on production

Gold miner shrugs off earthquake's impact on production

Earthquakes in eastern Australia took some of the shine off first-half production for the world's biggest gold miner, as it continues to watch fuel prices.

Judge pauses Paramount-Warner Bros deal until August

Judge pauses Paramount-Warner Bros deal until August

Judge pauses Paramount-Warner Bros deal until August

Judge pauses Paramount-Warner Bros deal until August

Paramount Skydance says a delay in its proposed merger with Warner Bros Discovery could cost it more than $US1 billion.

Higher rates and pricey petrol as economic outlook dims

Higher rates and pricey petrol as economic outlook dims

Higher rates and pricey petrol as economic outlook dims

Higher rates and pricey petrol as economic outlook dims

Australian bonds traders are fully pricing in another Reserve Bank rate hike by the end of the year after a surprisingly strong rise in employment in June.

EU slaps $1.4b fine on Google over app store and search

EU slaps $1.4b fine on Google over app store and search

EU slaps $1.4b fine on Google over app store and search

EU slaps $1.4b fine on Google over app store and search

Google has been fined by the European Union for breaking digital antitrust regulations, copping a $1.4 billion penalty over its Play app store and search.

'Millionaires' factory' boss to leave with vast fortune

'Millionaires' factory' boss to leave with vast fortune

'Millionaires' factory' boss to leave with vast fortune

'Millionaires' factory' boss to leave with vast fortune

Macquarie Group shareholders have backed the pay of its chief executive, who will retire in November with company shares worth hundreds of millions of dollars.

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Bank, credit cards details caught up in Origin breach

Customer data, possibly including bank account and credit card details, may have been accessed in a cyberattack on an energy giant.

Shares trim gains as bets narrow on interest rate hike

A sustained bounce in miners has pushed the ASX to a third session of gains but tightness in the labour market is putting pressure on the Reserve Bank.

Surprise jobs jump gives RBA room to raise rates

A larger-than expected rise in employment will not ease Reserve Bank fears about inflation as rising oil prices compound cost pressures.

Holy guacamole: Aussie avos set to smash supply records

The Australian avocado supply is forecast to smash records after a dip, in a-peeling news for lovers of the Sunday brunch staple.

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How Glasgow changed the game on a bare-bones budget

In the space of 18 months, Glasgow has saved the Commonwealth Games from extinction while rewriting the script on how to stage a major sporting event.

Unit prices down as affordability shapes the market

New home value data from Domain shows unit prices across the country are decreasing at a far faster rate than last quarter.

Miners and energy lift stocks but Iran risks remain

Gold, copper and oil prices have handed the local stock exchange a boost, but with nine sectors in the red it's clear that risk sentiment remains fragile.

Aussies spending over $500 a year on streaming services

Australians are spending more than ever on streaming services, with one in 10 users supporting five or more platforms each month.

Uranium supply deficit expected to increase prices

With China, India and the United States all building more nuclear reactors, there's a looming deficit in the supply of uranium, according to one Aussie miner.

How trust in the RBA could help keep interest rates low

Increased knowledge and trust in the Reserve Bank correlates with lower expectations of inflation, which has implications for setting interest rates.

Home-building costs rise, but not as much as feared

The cost of building a home in Australia increased by one per cent in the June quarter, as higher oil prices and supply chain disruptions hurt builders.

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