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The Latest News from economy, business and finance

How a Trump presidency could affect Aussie produce

How a Trump presidency could affect Aussie produce

Farmers are keeping a close eye on US president-elect Donald Trump's commitment to impose tariffs on imports.

Nuclear 'most expensive' for replacing coal-fired power

Nuclear 'most expensive' for replacing coal-fired power

Nuclear 'most expensive' for replacing coal-fired power

Nuclear 'most expensive' for replacing coal-fired power

Renewable energy is the cheapest option to power Australia, according to scientific estimates that have been savaged by Opposition Leader Peter Dutton.

Insurers 'price gouging' with secret premium hikes

Insurers 'price gouging' with secret premium hikes

Insurers 'price gouging' with secret premium hikes

Insurers 'price gouging' with secret premium hikes

Millions of Australians are being overcharged by health insurers using a loophole to dodge the rules against raising premiums.

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Power couple: green energy, gas giant bet on renewables

Power couple: green energy, gas giant bet on renewables

A renewable energy company with global backers will be launched to take on top tier rivals, despite a looming political threat to clean energy investment.

More people unemployed for longer as opportunities wane

More people unemployed for longer as opportunities wane

Australians dependent on unemployment payments are finding it even harder to get a job as positions disappear and structural barriers remain.

Tax on large withdrawals floated to future-proof super

Tax on large withdrawals floated to future-proof super

Tax tweaks have been floated to ensure Australia delivers on its newly legislated objective for the super system: delivering income for a dignified retirement.

RBA set to hold rates steady at final meeting of 2024

RBA set to hold rates steady at final meeting of 2024

No change in interest rates is anticipated at the Reserve Bank of Australia's last board meeting of the calendar year.

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US pledges nearly $US1 billion in weapons for Ukraine

US pledges nearly $US1 billion in weapons for Ukraine

US pledges nearly $US1 billion in weapons for Ukraine

US pledges nearly $US1 billion in weapons for Ukraine

The US has unveiled nearly $US1 billion in aid for new arms and equipment for Ukraine in its ongoing fight against Russia's invasion.

Australia needs to think outside the box on packaging

Australia needs to think outside the box on packaging

Australia needs to think outside the box on packaging

Australia needs to think outside the box on packaging

A major manufacturer warns Australia is not ready to follow Europe on packaging reform but could develop more a circular economy to keep waste out of landfill.

US appeals court upholds TikTok law forcing its sale

US appeals court upholds TikTok law forcing its sale

US appeals court upholds TikTok law forcing its sale

US appeals court upholds TikTok law forcing its sale

A federal appeals court panel has upheld a law requiring the sale or ban of TikTok in the United States by January 19.

Five-year energy blueprint greenlights Indigenous power

Five-year energy blueprint greenlights Indigenous power

Five-year energy blueprint greenlights Indigenous power

Five-year energy blueprint greenlights Indigenous power

A national blueprint greenlights access to cheaper, safer power for Indigenous Australians as the market operator reassures ministers about overall supply.

Worst housing affordability in almost three decades

Worst housing affordability in almost three decades

Worst housing affordability in almost three decades

Worst housing affordability in almost three decades

Homeowners and renters face some of the most challenging conditions in years, with both groups spending a growing proportion of income on a place to live.

Banks, super funds called upon to end 'hidden epidemic'

Banks, super funds called upon to end 'hidden epidemic'

Banks, super funds called upon to end 'hidden epidemic'

Banks, super funds called upon to end 'hidden epidemic'

Financial institutions are being called on to help end the scourge of financial abuse after a parliamentary report found the issue is rife across the nation.

Tide turns for retailers with shop tills tipped to ring

Tide turns for retailers with shop tills tipped to ring

Tide turns for retailers with shop tills tipped to ring

Tide turns for retailers with shop tills tipped to ring

Australians have been saving what they can as living costs soar but experts expect more spending in the next 12 months, especially when interest rates are cut.

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Calls to lift small businesses out of red tape quagmire

The government is being urged to change the definition of a small business and lessen the weight of regulation for employers struggling with rising costs.

Are you better off: question at heart of next election

The opposition says excessive government spending is trashing the economy, but Labor says coalition cuts would just make it harder for households.

Where home prices are expected to grow fastest in 2025

Australian property values are set to keep rising over the next 12 months but controversial tax changes are helping keep one state's home price growth in check.

Potential credit rating drop keeps government dangling

Project cost blowouts and extra government spending could put too much pressure on a state's budget for it to retain its longstanding AA+ credit rating.

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Boral cements position as emissions-busting tech leader

After almost 100 years burning coal, a revamped cement works will reduce the carbon footprint of one of Australia's most heavily polluting industries.

Economy yet to shake malaise as growth misses forecasts

The Australian economy is growing slowly with government support, with energy rebates effectively transferring household spending to the public purse.

Work on 'safe' nuclear reactors from day one of victory

A warning it will take "decades" to make coal sites safe for nuclear reactors has been dismissed as polling shows staunch opposition from women voters.

KFC franchisee takes hit as costs eat into profit

KFC and Taco Bell franchisee Collins Foods says its underlying profit was down by nearly a quarter in the first half.

Thirty licences to open a cafe: state red tape ranked

Australian business must work through a patchwork of regulations wherever they operate, but requirements in some states are more onerous than in others.

Milestone for renewable energy to power iron ore port

An energy project combining cyclone-busting solar panels and a big battery has been built in the Pilbara region to decarbonise iron ore port operations.

Consumers need power on shift to net zero emissions

Australians broadly support the shift to renewable energy but they don't know where to start when it comes to updating their homes or buying new appliances.

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