Top Stories Politics Courts General Finance Sport World FactCheck

Factual. Independent. Impartial.

Support AAP with a free or paid subscription

Subscribe to AAP News Download our app

Factual. Independent. Impartial.

Support AAP with a free or paid subscription

Subscribe to AAP News Download our app

Latest news: Economy, Business and Finance

Santos to increase stake in huge $20b PNG gas project

Santos to increase stake in huge $20b PNG gas project

Santos is paying $262 million to acquire greater ownership in the Papua LNG gas project as a final decision looms on whether it will proceed.

One Nation rejects need to model proposed super changes

One Nation rejects need to model proposed super changes

One Nation rejects need to model proposed super changes

One Nation rejects need to model proposed super changes

Barnaby Joyce has denied a plan to allow early access to super would worsen inflation, despite appearing to admit economists had not modelled the policy.

AI boom forecast as Australia's biggest bonanza yet

AI boom forecast as Australia's biggest bonanza yet

AI boom forecast as Australia's biggest bonanza yet

AI boom forecast as Australia's biggest bonanza yet

The economic benefits of AI adoption are beginning to flow in Australia, with about 15 per cent of tasks and occupations set to be replaced by 2060.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

Australian shares inch higher as energy stocks rally

Australian shares inch higher as energy stocks rally

The local stock market has had a subdued start to the week, with commodity prices driving sentiment and traders holding back ahead of a US bank holiday.

'Economically disastrous': Hanson's super policy panned

'Economically disastrous': Hanson's super policy panned

Allowing workers to divert a quarter of their super income to rent and mortgage payments won't pump up inflation, One Nation leader Pauline Hanson insists.

Developer hammered as staff stood down, projects paused

Developer hammered as staff stood down, projects paused

The business model of a crumbling development firm has been labelled strange and opaque, after workers were stood down and construction projects halted.

Billionaire Stokes family back in the box seat at Seven

Billionaire Stokes family back in the box seat at Seven

Ryan Stokes has been appointed chairman of the Southern Cross Media Group, the company that owns the Seven Network, The West Australian and Triple M.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

Five killed after Amazon cargo plane barrels off runway

Five killed after Amazon cargo plane barrels off runway

Five killed after Amazon cargo plane barrels off runway

Five killed after Amazon cargo plane barrels off runway

At least five people are dead and three are critically injured after an Amazon cargo plane overshot a Miami airport runway and smashed into cars.

Taxes, toddlers, tobacco and top-ups in the crosshairs

Taxes, toddlers, tobacco and top-ups in the crosshairs

Taxes, toddlers, tobacco and top-ups in the crosshairs

Taxes, toddlers, tobacco and top-ups in the crosshairs

Social media controls and childcare funding will be on the parliamentary agenda as several major bills come up for debate.

Key RBA speakers, consumer behaviour on the agenda

Key RBA speakers, consumer behaviour on the agenda

Key RBA speakers, consumer behaviour on the agenda

Key RBA speakers, consumer behaviour on the agenda

Economists will be closely watching remarks made by two senior Reserve Bank officials at a property summit, amid concern over consumer sentiment.

Super dreams for a champagne lifestyle in retirement

Super dreams for a champagne lifestyle in retirement

Super dreams for a champagne lifestyle in retirement

Super dreams for a champagne lifestyle in retirement

Many Australians have high expectations for a glorious retirement, yet one retail superannuation giant urges them to check their nest eggs are truly on track.

Investors undervaluing the life-changing power of AI

Investors undervaluing the life-changing power of AI

Investors undervaluing the life-changing power of AI

Investors undervaluing the life-changing power of AI

A high-profile futurist praises Australia's open mind to technology but says investors fail to appreciate the transformative power of artificial intelligence.

Miner digs deep to extend life of old copper operation

Miner digs deep to extend life of old copper operation

Miner digs deep to extend life of old copper operation

Miner digs deep to extend life of old copper operation

The South African owner of an Australian copper mine has bold plans to extend the depth of the asset after setting an ambitious production target.

Shares end week lower as traders brace for higher rates

Shares end week lower as traders brace for higher rates

Shares end week lower as traders brace for higher rates

Shares end week lower as traders brace for higher rates

Economic worries continue to subdue the ASX's performance, with sticky inflation and sluggish productivity pointing towards higher borrowing costs ahead.

Factual. Independent. Impartial.

Subscribe to AAP News

Already a member? Sign in here

Time running out to keep housing developer afloat

Administrators of embattled housing developer Bathla Group hope to secure a short-term funding package to keep the group afloat, but time is running out.

Workaround for trusts to avoid restructuring stamp duty

Businesses will be able to avoid restructuring and paying costly stamp duties in response to a new tax on discretionary trusts, Treasurer Jim Chalmers says.

Resource firms hit the gas on controversial project

Gas explorers and pipeline layers have enthusiastically outlined the vast potential of the controversial Beetaloo gas field at a resources conference.

Banks help Aussie shares snap three-day losing streak

Australian stocks have staged a rally after falling for days on elevated inflation risks, but caution persists as traders weigh the path ahead for markets.

Access five free articles per month

Subscription Options

Already a member? Sign in here

Worse than 2007: productivity stat bad news for the RBA

Low productivity means Australia's economy is growing above its "speed limit", amplifying concerns the Reserve Bank will hike interest rates again.

Crisis averted but home developer still on life support

A debt-laden residential developer has met a crucial funding deadline, but the group's short-term survival is far from secured, administrators say.

'No brainer': tobacco tax-cut idea could crush crime

An economist has joined the call for a drastic cut to the tobacco excise, as the coalition pledges to slash the tax by 80 per cent.

Surprise GDP data 'final green light' for rate hike

Data centre investment and electric vehicle purchases are making it harder for the Reserve Bank to get inflation down as the likelihood of a rate rise firms.

Aussie shares fall as uncertainty hangs over markets

Miners have sold off sharply after fresh strikes between the US and Iran sent oil prices higher, while bond yields soared as inflation fears swelled.

Telstra system behind outage understaffed, underfunded

A system update that caused a widespread Telstra outage was not tested after coming back online, with the two technicians who made the change sent home.

Funding deadline looms for embattled home developer

Administrators of a major residential developer have given themselves 24 hours to secure a make-or-break cash injection to keep the group afloat.

Topics

Politics Australia New South Wales United States of America Economy, Business and Finance Health Disaster and Accident Financial Markets Energy Children Market and Exchange Northern Territory Computing and Information Technology Housing and Urban Planning Parliament Mining Media Business Laws State Budget and Tax

No opinion, no spin, no agenda.

Support AAP News

Already a member?
Sign in here