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Latest news: Economy, Business and Finance

AI becomes playmaker in push for security cooperation

AI becomes playmaker in push for security cooperation

As vulnerability grows with the onset of AI, a tech leader calls for cyber security to become a team sport not a trade secret for governments and companies.

Fish furore: Woolies refuses to phase out farmed salmon

Fish furore: Woolies refuses to phase out farmed salmon

Fish furore: Woolies refuses to phase out farmed salmon

Fish furore: Woolies refuses to phase out farmed salmon

Woolworths shareholders have questioned the company's board over its pricing practices and use of farmed salmon which threatens the existence of a rare fish.

'People haven’t splurged': tax cut spending subdued

'People haven’t splurged': tax cut spending subdued

'People haven’t splurged': tax cut spending subdued

'People haven’t splurged': tax cut spending subdued

Australian retailers are finally starting to see a more upbeat consumer, though spending is unlikely to be strong enough to fan the flames of inflation.

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Optus regrets 'unacceptable' conduct alleged by ACCC

Optus regrets 'unacceptable' conduct alleged by ACCC

Australia's second-largest telco says it failed to meet expectations after the consumer watchdog alleged "unconscionable conduct" against vulnerable customers.

Flight upgrades still clear for take-off despite outcry

Flight upgrades still clear for take-off despite outcry

Aviation experts say flight upgrades for business leaders and politicians are likely here to stay after concern about the prime minister's travel arrangements.

Aussies willing to visit eight shops for groceries

Aussies willing to visit eight shops for groceries

The cost-of-living crunch is motivating more Aussies to shop around but it hasn't halted Coles sales growth, up 2.9 per cent in the first quarter.

Demand to pressure US senators out of kangaroo ban

Demand to pressure US senators out of kangaroo ban

Australian politicians and officials have been asked to pressure US senators out of a kangaroo ban that could harm exports and farming.

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Call for heat pumps to cut industrial carbon footprint

Call for heat pumps to cut industrial carbon footprint

Call for heat pumps to cut industrial carbon footprint

Call for heat pumps to cut industrial carbon footprint

Australia is ignoring a technology that rival manufacturers are using to replace fossil fuels and keep factories open, energy economists say.

'Long way to go' as record number of scams reported

'Long way to go' as record number of scams reported

'Long way to go' as record number of scams reported

'Long way to go' as record number of scams reported

Complaints about scams and financial hardship have grown in one of the most worrying trends of the past year, according to the peak financial complaints body.

Nine grocery items bill tops $100 in remote community

Nine grocery items bill tops $100 in remote community

Nine grocery items bill tops $100 in remote community

Nine grocery items bill tops $100 in remote community

Some Indigenous communities are paying twice as much for groceries as people in capital cities, a consumer advocacy organisation investigation has found.

Retail eyes frightfully good Halloween spending splurge

Retail eyes frightfully good Halloween spending splurge

Retail eyes frightfully good Halloween spending splurge

Retail eyes frightfully good Halloween spending splurge

Australian retailers are expecting a $450 million spend on Halloween before an even bigger splurge during the black Friday and cyber Monday sales.

Sceptics question BHP pursuit of 'risky' carbon capture

Sceptics question BHP pursuit of 'risky' carbon capture

Sceptics question BHP pursuit of 'risky' carbon capture

Sceptics question BHP pursuit of 'risky' carbon capture

BHP says it is "unapologetically" looking at carbon capture and storage as sceptics question the mining giant's pursuit of the technology over other solutions.

Big coal miner stares down protests, shareholder vote

Big coal miner stares down protests, shareholder vote

Big coal miner stares down protests, shareholder vote

Big coal miner stares down protests, shareholder vote

Shareholders voting at Whitehaven Coal's annual general meeting have supported the company's executive remuneration plan, defeating moves to spill the board.

BHP digs in over coal royalties and labour hire stance

BHP digs in over coal royalties and labour hire stance

BHP digs in over coal royalties and labour hire stance

BHP digs in over coal royalties and labour hire stance

Multinational BHP says it will continue to work with the Queensland government over coal royalties after protesters demonstrated outside their AGM.

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Australia's inflation down, but not out

There were few surprises in the inflation read-out, with economists broadly of the view underlying price pressures should keep the cash rate on hold until 2025.

Woolworths profits down as cost of living hits shoppers

Profits at Australia's biggest supermarket giant have taken a hit as cash-strapped shoppers search the aisles for cheaper options and Woolworths shares slump.

World fair for coders celebrates 'nerditude' of AI era

The next phase of generative AI has begun, according to the world's leading open source developer platform, with new tools launched to craft apps out of ideas.

Clean energy talk cheap, flight upgrades pricey for PM

Anthony Albanese has made a whistlestop tour as he ratchets up election campaign efforts, but one expert says he must do more to change public opinion.

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Political dogfight erupts over PM's plane promotions

Australia's major party leaders are embroiled in an increasingly personal stoush after revelations the prime minister accepted a stack of flight upgrades.

Seven news boss wants tax break to fight X, Facebook

A tax on commercial broadcasters should be scrapped, Seven news boss Anthony De Ceglie says, as media companies deal with the "evil forces" of social media.

Australian investment eyed for Peruvian mining pipeline

Some 50 Peruvian mining projects with a combined potential of tens of billions of dollars are being spruiked to Australian investors amid Chinese dominance.

'Everything points to a slowdown': property loses heat

House and unit prices may have found new record highs but interest rate cautiousness has tempered the pace of growth.

No spending free-for-all: treasurer sets election tone

Any further cost-of-living relief will need to be balanced carefully against budget constraints and economic circumstances, the federal treasurer says.

PM spruiks mining pay rise as wage battle emerges

Unions have warned peak bodies in the mining sector are advocating for industrial relations reform to be stripped back in a future coalition government.

Inflation readout make or break for 2024 rate cut

Important pieces of the economic puzzle will fall into place this week, starting with inflation and then spending data.

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