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Latest news: Economy, Business and Finance

A 'bank in crisis': ANZ cops record fine for misconduct

A 'bank in crisis': ANZ cops record fine for misconduct

From charging dead customers to overstating trades, a big four bank has been slugged with a record penalty for widespread misconduct.

UK, US to announce tech, energy deals during Trump stay

UK, US to announce tech, energy deals during Trump stay

UK, US to announce tech, energy deals during Trump stay

UK, US to announce tech, energy deals during Trump stay

The UK hopes to cement its strong bond with the US during President Donald Trump's visit, with new tech and energy deals to be announced.

Jobs data in focus as economic outlook brightens

Jobs data in focus as economic outlook brightens

Jobs data in focus as economic outlook brightens

Jobs data in focus as economic outlook brightens

Workers are taking home a larger slice of the economic pie as a result of Australia's historically tight labour market.

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Aldi to bring its 'good different' to the solar sector

Aldi to bring its 'good different' to the solar sector

Aldi is the latest major retail chain to announce an Australian renewable energy installation arm, joining other giants Bunnings and IKEA.

Used laptops help kids 'locked out of opportunity’

Used laptops help kids 'locked out of opportunity’

The Smith Family and Telstra Foundation are helping deliver thousands of refurbished laptops to disadvantaged students, tackling "the new frontier of poverty".

Custodian mulls legal action after gas project approval

Custodian mulls legal action after gas project approval

A traditional owner says she's talking to her lawyers after the federal government approved a massive gas project extension on her Country.

Armani tells heirs to sell part of his fashion empire

Armani tells heirs to sell part of his fashion empire

Late fashion designer Giorgio Armani has instructed heirs to sell 15 per cent of the fashion brand he created 50 years ago.

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AI financial advice not always right on the money

AI financial advice not always right on the money

AI financial advice not always right on the money

AI financial advice not always right on the money

As Australians take up artificial intelligence tools for financial guidance, experts say people should remain cautious of the advice.

Embrace AI or risk future ruin, tech billionaire warns

Embrace AI or risk future ruin, tech billionaire warns

Embrace AI or risk future ruin, tech billionaire warns

Embrace AI or risk future ruin, tech billionaire warns

Scott Farquhar says companies that don't adopt artificial intelligence quickly will get disrupted by those that do, and executives need to use AI daily.

Billionaire's $13.5m bill after Roberts-Smith's loss

Billionaire's $13.5m bill after Roberts-Smith's loss

Billionaire's $13.5m bill after Roberts-Smith's loss

Billionaire's $13.5m bill after Roberts-Smith's loss

Media mogul Kerry Stokes has been left with a $13.5 million bill after bankrolling war veteran Ben Roberts-Smith’ seven-year defamation battle.

Home scheme extension set to open more doors

Home scheme extension set to open more doors

Home scheme extension set to open more doors

Home scheme extension set to open more doors

Lifting the caps in an expanded government home-buying scheme will open the door for more first-time buyers, but it also risks fast-tracking price rises.

Nepal's PM quits as anti-corruption protests spiral

Nepal's PM quits as anti-corruption protests spiral

Nepal's PM quits as anti-corruption protests spiral

Nepal's PM quits as anti-corruption protests spiral

Nepal Prime Minister Khadga Prasad Oli has resigned as anti-government protests continue a day after 19 people died in violence triggered by a social media ban.

'Unhinged': 4500 jobs to be slashed in bank restructure

'Unhinged': 4500 jobs to be slashed in bank restructure

'Unhinged': 4500 jobs to be slashed in bank restructure

'Unhinged': 4500 jobs to be slashed in bank restructure

A major bank's decision to cut thousands of staff has been described as "unhinged" after it recently posted a half-year cash profit of $3.6 billion.

Banks back scrapping card surcharges for consumers

Banks back scrapping card surcharges for consumers

Banks back scrapping card surcharges for consumers

Banks back scrapping card surcharges for consumers

The Australian Banking Association supports a ban on credit card surcharges for consumers but baulked at capping the fees that merchants pay card issuers.

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Law to help renters escape domestic violence lease trap

Renters trying to escape domestic violence will encounter less red tape and financial hurdles under changes to tenancy laws designed to protect survivors.

Consumer confidence dips as households slowly recover

Years of lost purchasing power is still weighing on Australian households as the steady recovery in consumer confidence stalled in September.

Future Fund eclipses $250b after bumper return

Australia's sovereign wealth fund has delivered a strong result for financial year 2025, despite significant global economic turmoil.

Faster approvals considered in nature law overhaul

A shake up of Australia's environment laws is being considered, which will determine where developments can be built and where they should be blocked.

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Big business seeks new dawn for environmental laws

As Anthony Albanese ties the clean energy transition to economic growth in a major speech, the business lobby is urging a streamlined project approvals process.

Retirement finances not so super for Indigenous people

Indigenous people are facing a retirement disadvantage, with 65 per cent dying before reaching the age to access age pensions or superannuation.

Coal mine's generous diesel tax credits a fresh target

A single coal mine could be in line for $44 million in fuel tax credits each year - money environmental campaigners would rather see in government coffers.

Growth figures, business data to dominate forecasts

Unexpected economic growth will be closely watched for any hints of a cut to interest rates, ahead of key business and consumer confidence numbers

Electric road fees push sparks-up to plug fuel tax gap

EV users are closer to paying road maintenance fees as the nation's treasurers meet to work out a way to fund a shortfall of drivers paying less excise on fuel.

Joyce scores final multimillion-dollar Qantas payout

The long-term bonus for former Qantas boss Alan Joyce has vested, granting him a final multimillion-dollar payout following his troubled tenure.

Hot economic growth may place further rate cuts on ice

Reserve Bank governor Michele Bullock has signalled there might not be many more interest rate cuts to come after surprisingly strong economic growth.

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