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Latest news: Economy, Business and Finance

Beyonce now a billionaire, according to Forbes

Beyonce now a billionaire, according to Forbes

Forbes magazine says Beyoncé has joined her husband Jay-Z and Taylor Swift among an exclusive club of celebrity billionaires.

Malaysia to follow suit on Aust social media rules

Malaysia to follow suit on Aust social media rules

Malaysia to follow suit on Aust social media rules

Malaysia to follow suit on Aust social media rules

Malaysia is taking its lead from Australia and trialing stricter social media rules for children under 16 from January 1.

Australia makes list of 2025's costliest climate events

Australia makes list of 2025's costliest climate events

Australia makes list of 2025's costliest climate events

Australia makes list of 2025's costliest climate events

From catastrophic wildfires in Los Angeles to devastating floods in Asia, it's been a tough year of climate extremes and their economic burdens.

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Aussie ETF industry tipped for continued strong growth

Aussie ETF industry tipped for continued strong growth

Exchange-traded funds are becoming the preferred option for many investors, financial advisors and brokers to execute their portfolio ideas.

Boxing Day sales take off with bargain airfares

Boxing Day sales take off with bargain airfares

Shoppers are being urged to scrutinise Boxing Day bargain claims, while two major airlines have announced discounted fare sales.

How Boxing Day films fare against the streaming surge

How Boxing Day films fare against the streaming surge

As the popularity of streaming services booms, the traditional Australian pastime of the Boxing Day movie is still thriving amid a wider cinema-going decline.

Shoppers tipped to splash cash in Boxing Day spree

Shoppers tipped to splash cash in Boxing Day spree

Budget-conscious buying is expected drive big Boxing Day sales as savvy shoppers splurge for the year ahead, helping retailers clear shelves and boost cashflow.

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'Horse has bolted' on cheap gas, even with reservation

'Horse has bolted' on cheap gas, even with reservation

'Horse has bolted' on cheap gas, even with reservation

'Horse has bolted' on cheap gas, even with reservation

Businesses and households want cheaper gas but it remains unclear how effective a plan to reserve more supply for domestic use will be at lowering prices.

RBA reveals what's needed to avert rate hikes in 2026

RBA reveals what's needed to avert rate hikes in 2026

RBA reveals what's needed to avert rate hikes in 2026

RBA reveals what's needed to avert rate hikes in 2026

Two things must occur for the Reserve Bank to be satisfied that current interest rate levels can bring down inflation, board meeting minutes have revealed.

Video game pioneer behind Call of Duty, dies at 55

Video game pioneer behind Call of Duty, dies at 55

Video game pioneer behind Call of Duty, dies at 55

Video game pioneer behind Call of Duty, dies at 55

Vincent Zampella, a pioneer of the video game industry who created the wildly popular Call of Duty franchise, has died at 55.

Mega media group merger clears shareholder hurdle

Mega media group merger clears shareholder hurdle

Mega media group merger clears shareholder hurdle

Mega media group merger clears shareholder hurdle

Seven West Media shareholders have overwhelmingly agreed to the TV network's merger with Southern Cross Media, with the union set to be complete in weeks.

Gas reservation promises 'downward pressure' on prices

Gas reservation promises 'downward pressure' on prices

Gas reservation promises 'downward pressure' on prices

Gas reservation promises 'downward pressure' on prices

Australia will divert more of its gas for local use rather than export under a long-awaited reservation policy designed to ward off shortfalls.

Australians fleeing south to escape climate extremes

Australians fleeing south to escape climate extremes

Australians fleeing south to escape climate extremes

Australians fleeing south to escape climate extremes

Australians are already on the move due to climate change, with one state the number one choice for those seeking relief from heat, floods and fires.

Bold company tax proposal still friendless after revamp

Bold company tax proposal still friendless after revamp

Bold company tax proposal still friendless after revamp

Bold company tax proposal still friendless after revamp

An alternative corporate tax proposal could have greater economic benefits if a requirement to be budget-neutral was removed, the Productivity Commission says.

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Clock ticks on support for rejigged super tax changes

A six-month heads up on tax changes is tight but manageable, big super funds say, although Labor still needs to find a friend to get the laws past parliament.

'Unconscionable': major bank's record fine bumped up

ANZ has been fined $250 million for widespread misconduct and systemic ‍failures that impacted the federal government, taxpayers ‌and thousands of customers.

Founder of big tech group 'cleared' by external review

WiseTech Global has released more findings from an external review into the alleged misuse of company funds by co-founder Richard White.

Gold, iron ore and population swell big state's coffers

Australia's richest state has unveiled a modest mid-year budget windfall due to strong commodity prices and a growing population.

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Woodside boss quits to become BP's first female chief

The leader of Australia's biggest oil and gas company has resigned to become the first woman to lead oil giant BP in the company's 116-year history.

Net migration falls as 'values' debate heats up

Australia's net overseas migrant intake dropped last financial year but is unlikely to fall as far as government forecasts for coming years.

Regional bank pinged over money laundering guardrails

Regulatory action is being taken against a major regional bank after it self-reported suspected money laundering in its operations.

New Zealand's GDP rollercoaster continues with Q3 lift

New Zealand enjoyed a much-needed 1.1 per cent boost to GDP in the September quarter, fuelled by tourism, dairy and manufacturing.

Oscars to move to free streaming on YouTube in 2029

The Academy of Motion Picture Arts and Sciences has announced the Oscars will quit its links with a US broadcaster and move to YouTube in 2029.

Dishing the public dosh to force RBA's hand on rates

With the government unlikely to restrain public spending, the Reserve Bank will have to lift rates in 2026 to keep inflation under control, economists say.

Warner Bros board rejects rival bid from Paramount

A Paramount bid for Warner Bros Discovery lacks adequate financing assurances, the Warner Bros board says.

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