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Latest news: Economy, Business and Finance

Food system's billions of 'hidden costs' a sick outlook

Food system's billions of 'hidden costs' a sick outlook

The hidden costs to health and the environment from Australia's food system could exceed $250 billion, the nation's science agency says.

Australian shares slip as geopolitical tensions rise

Australian shares slip as geopolitical tensions rise

Australian shares slip as geopolitical tensions rise

Australian shares slip as geopolitical tensions rise

The Australian share market has started the month lower as an escalation in trade tensions and global conflicts prompts investors to take profits.

Jails funded as DV services stretched to breaking point

Jails funded as DV services stretched to breaking point

Jails funded as DV services stretched to breaking point

Jails funded as DV services stretched to breaking point

A $500 million spend after "years of neglect" will help victim-survivors of domestic violence but the sector says costs are still not being covered

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Construction company building purpose for youth

Construction company building purpose for youth

Providing youth with valuable work and skills while repairing homes that may otherwise have been neglected is a double virtue of one Indigenous venture.

Farmers hit by disasters to get financial counselling

Farmers hit by disasters to get financial counselling

As drought and floods simultaneously affect farmers across the country, the government has offered more money to help them through the tough times.

Big business wants AI to do 'boring but essential' work

Big business wants AI to do 'boring but essential' work

A peak body for some of the nation's biggest businesses has urged a mindset of opportunity rather than fear to help Australia become a global leader in AI.

Slushy start: warmer winter a downer for ski slopes

Slushy start: warmer winter a downer for ski slopes

Winter is here but warmer-than-average conditions pose a slushy start to alpine activities in Australia.

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Albanese hits out at Trump's 'economic self harm'

Albanese hits out at Trump's 'economic self harm'

Albanese hits out at Trump's 'economic self harm'

Albanese hits out at Trump's 'economic self harm'

The Prime Minister has criticised US President Donald Trump's move to double tariffs on steel imports as "inappropriate" and an act of harm.

National accounts to reveal Australia's economic pulse

National accounts to reveal Australia's economic pulse

National accounts to reveal Australia's economic pulse

National accounts to reveal Australia's economic pulse

Australia's economic growth rate for the first quarter will be revealed this week and investors will study minutes from the Reserve Bank's last board meeting.

EU threatens US with counter-tariffs in steel stand-off

EU threatens US with counter-tariffs in steel stand-off

EU threatens US with counter-tariffs in steel stand-off

EU threatens US with counter-tariffs in steel stand-off

The European Union has threatened the Trump administration with counter-tariffs in the steel stand off.

Trump vows to double steel tariffs to 50 per cent

Trump vows to double steel tariffs to 50 per cent

Trump vows to double steel tariffs to 50 per cent

Trump vows to double steel tariffs to 50 per cent

US President Donald Trump has told Pennsylvania steelworkers he’s doubling the tariff on steel imports to 50 per cent, intensifying his global trade war.

Divisions between US and China big global risk: Macron

Divisions between US and China big global risk: Macron

Divisions between US and China big global risk: Macron

Divisions between US and China big global risk: Macron

French President Emmanuel Macron says the division between the two superpowers, the United States and China, is the main risk confronting the world.

Three face court amid protests over gas hub expansion

Three face court amid protests over gas hub expansion

Three face court amid protests over gas hub expansion

Three face court amid protests over gas hub expansion

Activists who targeted a Woodside shareholder meeting have faced court as protests ramp up over a decision to prolong the life of a massive gas project.

Warm weather, Cyclone Trump hit consumer recovery

Warm weather, Cyclone Trump hit consumer recovery

Warm weather, Cyclone Trump hit consumer recovery

Warm weather, Cyclone Trump hit consumer recovery

Australia's economic momentum remains fragile with unseasonably warm weather and consumer concern contributing to weaker retail sales.

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Trump tariff court setback stirs relief and uncertainty

Relief on financial markets has followed a US court ruling that blocks most of President Donald Trump's tariffs, which also adds to global economic uncertainty.

Clean energy, environment unity ticket on nature laws

An alliance of conservation and renewable energy groups want environment protection reform back on track and the "nature versus climate" narrative put to bed.

Thousands still stranded as flood recovery ramps up

Thousands of people remain isolated while other flood-hit communities continue the clean up, with homes declared beyond repair as the premier meets farmers.

Environmentalists slam new gas exploration sites

Environmentalists have called a state government's decision to create nine new gas exploration sites deceitful, as an east coast energy shortage looms.

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Bless your cotton jocks: town's cheeky bid to retailers

A social media campaign is highlighting the absurdity of being unable to buy a decent supply of socks and jocks in one of Australia's leading cotton regions.

More seats, cheaper fuel cut airfare costs for Aussies

Increased aviation routes and low fuel costs will keep downward pressure on airfares in the coming months, with prices down 12 per cent at the start of 2025.

Growing pains and gains as regional boom continues

The population of regional Australia is climbing towards 10 million, putting some towns under pressure as the escape to the country continues.

Torres fund ignites crayfisherman's export dreams

A groundbreaking Indigenous-led fund is giving First Nations businesses a vital boost with capital and crucial support.

Looming power bill hikes spark calls to shop around

Hunting for a better deal could save some Australian households and businesses hundreds of dollars a year as consumers brace for higher bills.

Trump extends deadline to reach EU trade deal

Donald Trump has agreed to delay implementing a 50 per cent tariff on goods from the European Union until July 9 to allow time for negotiations with the bloc.

Fears super tax rise for rich will whack housing market

Slapping taxes on high superannuation balances may be well intended, but the federal government's plan could harbour some pitfalls.

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