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Latest news: Economy, Business and Finance

Avo go at this: Aussie exports fuel hopes for new year

Avo go at this: Aussie exports fuel hopes for new year

Australians are expected to eat 5kg of avocados per person in the new year, as bumper harvests and export demand boost optimism across the agricultural sector.

'Difficult decision' on energy bill relief payments

'Difficult decision' on energy bill relief payments

'Difficult decision' on energy bill relief payments

'Difficult decision' on energy bill relief payments

Australian households and businesses are going to miss out on further energy bill relief, after a decision was made for the rebate to finish by the year's end.

Central bank rates outlook may pivot on wages, labour

Central bank rates outlook may pivot on wages, labour

Central bank rates outlook may pivot on wages, labour

Central bank rates outlook may pivot on wages, labour

A major bank has crunched the numbers from about 400,000 accounts to discover an uptick in wages and employment growth, ahead of a central bank rates reveal.

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'Climate obstruction' alarms raised with museum sponsor

'Climate obstruction' alarms raised with museum sponsor

Ties between a state museum and a major gas company are being questioned by a climate communications group as scrutiny of fossil fuel sponsorship grows.

Christmas rate relief off the table at last RBA meeting

Christmas rate relief off the table at last RBA meeting

The official cash rate is expected to remain on hold when the Reserve Bank decides on interest rates for the last time in 2025.

Retail workers detail horrific abuse ahead of Xmas rush

Retail workers detail horrific abuse ahead of Xmas rush

Almost all retail and fast food workers have documented verbal abuse while one in 10 have been spat on, sparking calls for better protections.

Uluru's Ayers Rock Resort to be sold to US company

Uluru's Ayers Rock Resort to be sold to US company

A unique deal will return large parcels of land to Traditional Owners, with more than $500 million tipped to flow to First Nations communities.

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Economy has huge issues, billionaire retail icon warns

Economy has huge issues, billionaire retail icon warns

Economy has huge issues, billionaire retail icon warns

Economy has huge issues, billionaire retail icon warns

Premier Investments shares have plunged as the owner of Smiggle and Peter Alexander blames lower earnings forecast on the economy.

'Giant Esky' indoor ski resort secures Chinese backing

'Giant Esky' indoor ski resort secures Chinese backing

'Giant Esky' indoor ski resort secures Chinese backing

'Giant Esky' indoor ski resort secures Chinese backing

A project to deliver the nation's only indoor snow resort is about to begin its long journey to completion, after winning a Chinese backer.

Splurging shoppers push economy over speed limit

Splurging shoppers push economy over speed limit

Splurging shoppers push economy over speed limit

Splurging shoppers push economy over speed limit

The sharpest rise in household spending in 21 months suggests the economy is continuing to grow in strength, heightening Reserve Bank fears about inflation.

Mistiming energy transition could prove a costly lesson

Mistiming energy transition could prove a costly lesson

Mistiming energy transition could prove a costly lesson

Mistiming energy transition could prove a costly lesson

Renewables are anticipated to keep a lid on electricity prices over the next five years but a speedier transition is needed to keep bills lower in the 2030s.

Cyclone-hit coastal town blows away house value gains

Cyclone-hit coastal town blows away house value gains

Cyclone-hit coastal town blows away house value gains

Cyclone-hit coastal town blows away house value gains

The housing market strongly rebounded in 2025 as interest rate cuts, easing inflation and limited supply fired up competition, the latest property data shows.

Australian economy builds as investment roars back

Australian economy builds as investment roars back

Australian economy builds as investment roars back

Australian economy builds as investment roars back

Australia's economic growth rate came in below market expectations, but a strong domestic pulse shows the economy is in good shape.

Chinese economic slowdown at top of RBA's mind

Chinese economic slowdown at top of RBA's mind

Chinese economic slowdown at top of RBA's mind

Chinese economic slowdown at top of RBA's mind

Slowing Chinese economic growth and persistently high inflation are "top of mind" for the Reserve Bank of Australia.

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KFC chain upsizes sales but consumers wait in the wings

The company running nearly 300 KFC restaurants across Australia says it is focused on providing value to consumers who are still concerned about living costs.

Regional bank warns 'we are living in a time of change'

A bank board has faced shareholder questions about its decision to bring in a technology solutions partner, amid widespread change in the finance sector.

Duplexes could be key to solving housing crisis

Developing just a fraction of single-occupancy homes in Australian cities into duplexes would be enough to eliminate the nation's housing shortfall.

Skates on to ensure secure exit of major coal plant

The risk of power blackouts remain if necessary security infrastructure can't be sped up to come online in time for a major coal generator to shutter.

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'Aussie success story': epilepsy device company lists

Melbourne-based Epiminder plans to use the funds from its initial public offering to commercialise a device it says could transform epilepsy care.

IGA supplier losing tobacco sales to black market

IGA supplier Metcash has delivered a $142.2 million first-half net profit, up 0.3 per cent from a year ago, and reported tobacco sales dropped by 35 per cent.

Crackdown nears on 'dark patterns' exploiting consumers

The government has revealed a timeline for new protections to shield consumers from dodgy business practices.

Homebuyers at square one as price hikes eat rate cuts

A slowdown in the bellwether housing markets of Sydney and Melbourne suggests that sentiment is starting to sour as hopes of more interest rate cuts dissipate.

Anger over deadly HK blaze as Beijing issues warning

Anger is growing over the fire that tore through seven high-rise blocks in Hong Kong, amid calls for accountability as China warns against disrupting the city.

Diplomatic efforts to end Ukraine war gain momentum

US officials are meeting with their Ukrainian counterparts for more talks on the Trump administration's peace plan as Russian airstrikes continue unabated.

Slight rise tipped for September GDP figures

Economic growth and household spending data will be released to form the final picture for the Reserve Bank before its last meeting for 2025.

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