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Latest news: Economy, Business and Finance

Polluter pays: Greens' enter fray on insurance costs

Polluter pays: Greens' enter fray on insurance costs

Forcing gas and coal firms to contribute to disaster resilience and the reinsurance pool is the latest suggestion from a political party to bring down premiums.

Rates cut at last but 'no victory on inflation yet'

Rates cut at last but 'no victory on inflation yet'

Rates cut at last but 'no victory on inflation yet'

Rates cut at last but 'no victory on inflation yet'

Australia's big four banks are already promising to pass interest rate cuts on in full after the Reserve Bank lowered the cash rate by 25 basis points.

Slight relief for borrowers after RBA slashes rates

Slight relief for borrowers after RBA slashes rates

Slight relief for borrowers after RBA slashes rates

Slight relief for borrowers after RBA slashes rates

The Reserve Bank's decision to cut interest rates by 25 basis points offers mortgage holders slight respite, but many are hoping for more substantial changes.

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PM denies rate cut will impact election timing

PM denies rate cut will impact election timing

Anthony Albanese remains coy on when Australians will head to the polls, after the Reserve Bank delivered cost-of-living relief for mortgage holders.

Tight jobs market to keep inflation above target: RBA

Tight jobs market to keep inflation above target: RBA

The Reserve Bank of Australia has pushed back its prediction for when underlying inflation will return to the midpoint of its target band.

Iconic fish market to hook visitors after cost blowout

Iconic fish market to hook visitors after cost blowout

A major milestone has been reached in the stalled plan to overhaul the Sydney Fish Market, with its "crowning glory" finished ahead of the November opening.

More flights on horizon as airline deal set to take off

More flights on horizon as airline deal set to take off

Passengers could benefit from more choice and improved convenience as the consumer watchdog provides a green light for a Virgin-Qatar Airways alliance.

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Climate risk main reason premiums are rising: insurers

Climate risk main reason premiums are rising: insurers

Climate risk main reason premiums are rising: insurers

Climate risk main reason premiums are rising: insurers

Breaking up big companies is no silver bullet to keep insurance premiums affordable, the sector says.

Dutton prays for rate cut as RBA enters conclave

Dutton prays for rate cut as RBA enters conclave

Dutton prays for rate cut as RBA enters conclave

Dutton prays for rate cut as RBA enters conclave

Economists say a major reduction in mortgage rates this year is unlikely, even though the Reserve Bank board is widely tipped to deliver a cut on Tuesday.

Caution urged over polls as Labor bleeds support

Caution urged over polls as Labor bleeds support

Caution urged over polls as Labor bleeds support

Caution urged over polls as Labor bleeds support

A warning has been issued over election polling as tightly clustered results in a close race may not reflect Australians' votes.

Falling Star offered $650m lifeline for ailing casinos

Falling Star offered $650m lifeline for ailing casinos

Falling Star offered $650m lifeline for ailing casinos

Falling Star offered $650m lifeline for ailing casinos

With its shares in the doldrums and questions over its operations, Star has been offered a conditional lifeline through a five-year financing proposal.

US pitched deal to access Ukraine's rare earth minerals

US pitched deal to access Ukraine's rare earth minerals

US pitched deal to access Ukraine's rare earth minerals

US pitched deal to access Ukraine's rare earth minerals

President Volodymyr Zelenskiy says he directed his ministers not to sign off on a proposed agreement to give the US access to Ukraine’s rare earth minerals.

Economists less confident of RBA rate cut than market

Economists less confident of RBA rate cut than market

Economists less confident of RBA rate cut than market

Economists less confident of RBA rate cut than market

An AAP survey of 32 leading Australian economists has tipped the Reserve Bank to cut interest rates this week, but more than one in five remain unconvinced.

Almost 10,000 fired as Trump, Musk cut US agencies

Almost 10,000 fired as Trump, Musk cut US agencies

Almost 10,000 fired as Trump, Musk cut US agencies

Almost 10,000 fired as Trump, Musk cut US agencies

Workers at US agencies are grappling with the Trump administration's aggressive effort to shrink the size of the federal workforce.

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Rare earths hopeful in eye of Greenland political storm

A stalled rare earths project puts an Australian junior miner at the centre of an election in an Atlantic territory caught in a web of geopolitical tensions.

Billionaire to sell coal mine to prop up steelworks

Proceeds from a coal mine sale will be used to pump cash into the troubled Whyalla steelworks in a major debt deal.

Trump outlines roadmap for reciprocal US tariff plan

US President Donald Trump says the United States will charge all other countries with the same tariffs as they charge on imports of US goods.

Biodiversity wins from 'high-integrity' carbon farming

High-quality carbon farming projects could be used for landscape restoration and protecting biodiversity but investors could need a nudge to pay a premium.

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Love rules as Aussies still splurge on Valentine's Day

Cost of living pressures aren't curbing enthusiasm when it comes to splurging on loved ones for Valentine's Day, with flowers and dinners a popular choice.

Call to bring back inheritance tax to tackle wealth gap

Inheritance taxes are economically efficient and reduce inequality between those who work for an income and those who earn income from wealth, economists say.

Australia rejects 'killing' the US aluminium market

Australia has denied exploiting tariff exemptions granted by the first Trump administration despite claims aluminium sales have been "killing" the US market.

Origin bets on gas and batteries to keep the lights on

Leading energy retailer Origin Energy says it is "well-placed" to benefit from the energy transition as it bets on big batteries to help keep the lights on.

'Game-changing' anti-scam laws to protect consumers

Scam victims will have clearer paths to compensation if businesses do not shore up their defences after scam prevention measures were enshrined in law.

White House considering exemptions on tariffs: Johnson

US President Donald Trump may consider exemptions to reciprocal tariffs, US House of Representatives Speaker Mike Johnson says.

Business lobby backs tax boost to bolster productivity

The Business Council of Australia has called for the federal government to hand all companies a 20 per cent investment allowance in the upcoming budget.

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