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Latest news: Economy, Business and Finance

Australia downplays joint climate event with Turkey

Australia downplays joint climate event with Turkey

Turkey has suggested co-leading the 2026 UN climate conference with Australia in a bid to break the hosting impasse, but Australia has played down the idea.

Wages data could force RBA to turn page on rates cut

Wages data could force RBA to turn page on rates cut

Wages data could force RBA to turn page on rates cut

Wages data could force RBA to turn page on rates cut

Unlikely to receive another rate cut in the next six months, borrowers will at least see the big four banks face parliamentary scrutiny in Canberra this week.

Greater police presence to crack down on violent crime

Greater police presence to crack down on violent crime

Greater police presence to crack down on violent crime

Greater police presence to crack down on violent crime

Police will be deployed across more of a major state train network and shopping centres in a bid to reduce the likelihood of violent crime.

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Trump removes tariffs on Australian beef exports

Trump removes tariffs on Australian beef exports

Australian beef will no longer be slapped with tariffs when it is exported to the US, in a move that has been celebrated by farmers.

BHP liable for 2015 Brazil dam collapse, UK court rules

BHP liable for 2015 Brazil dam collapse, UK court rules

BHP can be held liable over the 2015 collapse of a dam in southeastern Brazil, London's High Court has ruled.

Hamas reasserts Gaza control, post-war talks grind on

Hamas reasserts Gaza control, post-war talks grind on

There are signs that Hamas is seeking to widen control over Gaza, raising doubts over whether it will cede authority as promised.

China warns Japan against Taiwan intervention

China warns Japan against Taiwan intervention

Japan will suffer a "crushing defeat" by the Chinese military if it tries to use force to intervene over Taiwan, the country's defence ministry warns.

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Lendlease has secured $3b in new construction work

Lendlease has secured $3b in new construction work

Lendlease has secured $3b in new construction work

Lendlease has secured $3b in new construction work

Lendlease's business momentum continues to build, chief executive has told shareholders, with $3 billion in new construction projects for the slimmed-down firm.

Australian economy 'island of security' in risky seas

Australian economy 'island of security' in risky seas

Australian economy 'island of security' in risky seas

Australian economy 'island of security' in risky seas

A shock fall in unemployment has wrong-footed analysts and dashed hopes of further interest rate cuts as the treasurer talks up Australia's economic strength.

Businesses thunderstruck as AC/DC shows boost spending

Businesses thunderstruck as AC/DC shows boost spending

Businesses thunderstruck as AC/DC shows boost spending

Businesses thunderstruck as AC/DC shows boost spending

Australians are opening their wallets as major music acts including Lady Gaga, Metallica and AC/DC help energise the economy.

'Industrial-scale misconduct' in $667m super scandal

'Industrial-scale misconduct' in $667m super scandal

'Industrial-scale misconduct' in $667m super scandal

'Industrial-scale misconduct' in $667m super scandal

A court showdown between the corporate regulator and a financial planning giant is on the cards as nearly $700 million in super investments hang in the balance.

Rate cut hopes evaporate with healthy jobs figures

Rate cut hopes evaporate with healthy jobs figures

Rate cut hopes evaporate with healthy jobs figures

Rate cut hopes evaporate with healthy jobs figures

Shares have plunged and the Aussie dollar has soared after surprisingly robust jobs figures showed the economy is running near capacity.

Xero shares sink to 15-month low despite revenue growth

Xero shares sink to 15-month low despite revenue growth

Xero shares sink to 15-month low despite revenue growth

Xero shares sink to 15-month low despite revenue growth

New Zealand-based cloud accounting software company Xero has grown revenue by 20 per cent and delivered $278 million in free cash flow.

Global expat tells Australia to lift its economic game

Global expat tells Australia to lift its economic game

Global expat tells Australia to lift its economic game

Global expat tells Australia to lift its economic game

Regulation must be slashed and company tax rates lowered for the nation to boost low productivity growth, the Australian head of a global economic body warns.

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The roles expected to be in hot demand from AI boom

Data engineers, cybersecurity experts and customer experience designers are in for an AI jobs boom, although firms expect to reduce headcounts as uptake grows.

Seven merger with Southern Cross moves a step closer

The planned merger of a major radio network with a TV broadcaster has been approved by competition watchdog, moving a prominent mogul closer to retirement.

Locked-out owners left in dark by social media giants

Small businesses can face ruin when they're locked out of social media accounts with no explanation, with data revealing their plight is becoming more common.

Worker shortages dampen surge in green energy, housing

As governments ramp up their housing and energy transition projects, the nation's infrastructure pipeline is coming up against a shortfall in workers.

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Food delivery service set to cease after Menulog off

It once thrived under a "Did Somebody Say" campaign but the celebrity driven catch-cry hasn't saved food delivery service Menulog from closure.

Bounce in US travel keeps Flight Centre looking up

Middle East tensions and Trump travel wariness may have hit Flight Centre in the last financial year but signs of profit blue skies ahead are encouraging.

Optus reports improved customer base prior to outages

Optus has posted improved financials and a growing customer base in the six-month period leading up to catastrophic triple-zero failures.

Big four banks slammed for profiting from fossil fuels

Australia's big four banks have made billions from investing in fossil fuel projects in the past decade, but only two have made steps to walk away.

Legal loopholes threaten reef, ex-Treasury boss warns

Closing well-known loopholes that allow widescale clearing of native vegetation is vital if the Great Barrier Reef is to be saved, a policy heavy-hitter warns.

Door closes on inner-city homes for young Australians

The dream of owning a freestanding house close to the city is fading, with data showing demand far outstripping supply.

Rex's sale to US aviation business cleared for take-off

An American aviation investor will take over Rex after creditors backed in its proposal to buy the regional airline out of voluntary administration.

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