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The Latest News from economy, business and finance

The women who could soon influence your mortgage

The women who could soon influence your mortgage

Two new faces will serve on the Reserve Bank of Australia's rate-setting board, with the government defying calls from the coalition for continuity.

Trump taps more of his trusted allies for key roles

Trump taps more of his trusted allies for key roles

Trump taps more of his trusted allies for key roles

Trump taps more of his trusted allies for key roles

Donald Trump is continuing to pick loyalists for key jobs, with his social media platform CEO the latest tapped to serve in his second administration.

Borrowing blowout tipped in mid-year budget update

Borrowing blowout tipped in mid-year budget update

Borrowing blowout tipped in mid-year budget update

Borrowing blowout tipped in mid-year budget update

The federal government is expected to reveal a downgrade to its budget forecasts in its mid-year fiscal update as Australia's tax sugar-rush fades.

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Festive frenzy: Christmas deliveries take climate toll

Festive frenzy: Christmas deliveries take climate toll

Australia's thirst for online shopping is keeping posties busy in the lead up to Christmas, but the impact is being felt on the environment and local traders.

How green energy could fuel Australia-Taiwan friendship

How green energy could fuel Australia-Taiwan friendship

Increasingly finding itself at the centre of tensions in the Indo-Pacific, Taiwan is looking to Australia to help meet its energy security needs.

Climate activists invade premier's office building

Climate activists invade premier's office building

A group of anti-Woodside climate activists have temporarily occupied the ground floor of a government office building containing the WA premier's office.

Taxpayers slugged as state's deficit rises to $1.4b

Taxpayers slugged as state's deficit rises to $1.4b

The Victorian government's $1.4 billion deficit in the mid-year budget update has forced it to dip its hand into taxpayers' pockets to fund critical services.

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How China uncertainty could push back RBA rate cut

How China uncertainty could push back RBA rate cut

How China uncertainty could push back RBA rate cut

How China uncertainty could push back RBA rate cut

Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu.

Billboard award record an early birthday gift for Swift

Billboard award record an early birthday gift for Swift

Billboard award record an early birthday gift for Swift

Billboard award record an early birthday gift for Swift

Pop superstar Taylor Swift has received the "nicest early birthday present" after winning 10 Billboard Music Awards and topping the accolade's all-time record.

Westpac shareholders question bank's climate plan

Westpac shareholders question bank's climate plan

Westpac shareholders question bank's climate plan

Westpac shareholders question bank's climate plan

Westpac shareholder activists have questioned bank executives about how its climate change policies will be applied.

Risky business: energy experts slam 'always on' nuclear

Risky business: energy experts slam 'always on' nuclear

Risky business: energy experts slam 'always on' nuclear

Risky business: energy experts slam 'always on' nuclear

Clean energy experts say building nuclear reactors is a costly and unviable pathway for Australia's electricity supply that would push power bills even higher.

Global EV sales hit third consecutive record high

Global EV sales hit third consecutive record high

Global EV sales hit third consecutive record high

Global EV sales hit third consecutive record high

Global sales of EVs - whether fully electric or plug-in hybrids - were up 32.3 per cent at 1.83 million in November, according to new data.

GP payroll tax, first homebuyer stamp duty scrapped

GP payroll tax, first homebuyer stamp duty scrapped

GP payroll tax, first homebuyer stamp duty scrapped

GP payroll tax, first homebuyer stamp duty scrapped

A state government has fulfilled more of its election promises by scrapping a "patient's tax" and stamp duty for first-home buyers.

Early rates cut all but dashed as unemployment dips

Early rates cut all but dashed as unemployment dips

Early rates cut all but dashed as unemployment dips

Early rates cut all but dashed as unemployment dips

Australia's unemployment rate has unexpectedly fallen to 3.9 per cent, bolstering the argument for the Reserve Bank of Australia to keep rates on hold.

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Migration 'splash' easing in Australia: expert

An expert has dismissed claims international students are impacting the national housing market, saying a post-pandemic "migration splash" is easing.

Bass Strait wind farm zone pushed further offshore

An offshore zone for developing wind farms in Bass Strait has been formally declared by the federal government but is smaller than originally proposed.

Growing backlog as green tape chokes energy investment

A group of developers has warned of significant delays to the renewable energy needed to power Australian homes and businesses as green tape chokes investment.

'Kicking the can down the road' on packaging reforms

The plastic waste crisis is set to continue after the federal government failed to lock in a responsibility scheme, to the frustration of an emerging industry.

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From a lab to the streets: digital twin maps our future

A tool created in CSIRO's "mixed reality" lab has been launched into the real world as Australia's latest tech startup, with seed funding to go global.

Interest rate relief edges closer as RBA changes tune

Australia's central bank is sounding more confident it can beat inflation in welcome signs for mortgage-holders, home-buyers and the federal government.

Rates stay on hold and hope for February cut revived

Long-awaited mortgage relief looks closer as the central bank takes another interest rate hike off the table and lays the groundwork for future cuts.

Court thwarts Murdoch bid to cement Lachlan as Fox boss

Rupert Murdoch’s effort to ensure son Lachlan maintains control of Fox News has been dealt a blow, with a court reportedly ruling the pair acted in bad faith.

Myer brings in body cameras, radios to keep staff safe

Mid-market department store Myer is beefing up security in its stores to protect workers and reduce the amount of theft.

Grocery giants 'throw shoppers a bone' for Christmas

One supermarket chain remains the cheapest option for a general basket, but those looking for a deal on a holiday banquet should try the two big retailers.

How a Trump presidency could affect Aussie produce

Farmers are keeping a close eye on US president-elect Donald Trump's commitment to impose tariffs on imports.

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