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Latest news: Economy, Business and Finance

'No doubt' about China concern despite PM's rhetoric

'No doubt' about China concern despite PM's rhetoric

The prime minister's tone on during his China trip has been defended as diplomatic and respectful as the opposition called for him to be more forceful.

Albanese to cap China trip with panda diplomacy

Albanese to cap China trip with panda diplomacy

Albanese to cap China trip with panda diplomacy

Albanese to cap China trip with panda diplomacy

Prime Minister Anthony Albanese will end his tour of China with a plea for governments to increase research funding.

EU trade chief heads to US in bid for tariffs solution

EU trade chief heads to US in bid for tariffs solution

EU trade chief heads to US in bid for tariffs solution

EU trade chief heads to US in bid for tariffs solution

European Union representative Maros Sefcovic is set to meet US officials in Washington DC for trade talks.

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Dollar dazzler designs no silver bullet for housing woe

Dollar dazzler designs no silver bullet for housing woe

Political leaders hope a sluggish planning system can be jump-started with cheap, pre-approved architectural designs to entice developers to break ground.

Cafes, small businesses fear brunt of surcharge cut

Cafes, small businesses fear brunt of surcharge cut

The dreaded $6 line for a coffee could soon become reality for cafe owners after a proposal to scrap card surcharges could force fees to pass on to customers.

PM retraces predecessor's steps on China's Great Wall

PM retraces predecessor's steps on China's Great Wall

Anthony Albanese has used a visit to the Great Wall of China to emphasise Australia's wish to engage on ways to build regional security and stability.

Trump touts deal with Indonesia, flags pharma tariffs

Trump touts deal with Indonesia, flags pharma tariffs

President Donald Trump says he has agreed to a tariff deal on goods entering the US from Indonesia.

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Australia urges economic engagement amid uncertainty

Australia urges economic engagement amid uncertainty

Australia urges economic engagement amid uncertainty

Australia urges economic engagement amid uncertainty

As volatility and uncertainty become a global norm, the treasurer has stressed the importance of collaboration ahead of his meetings with world leaders.

Economists point to tariffs as US prices edge up

Economists point to tariffs as US prices edge up

Economists point to tariffs as US prices edge up

Economists point to tariffs as US prices edge up

US consumer prices have posted their biggest jump in five months in June, suggesting tariffs may be starting to heat up inflation.

Rising cost to build a wake-up call on housing dream

Rising cost to build a wake-up call on housing dream

Rising cost to build a wake-up call on housing dream

Rising cost to build a wake-up call on housing dream

Australians looking to build their own homes are facing a reality check as construction costs rise, with the increase likely to also weigh on inflation.

China hails PM's 'personal efforts' to restore ties

China hails PM's 'personal efforts' to restore ties

China hails PM's 'personal efforts' to restore ties

China hails PM's 'personal efforts' to restore ties

China's premier has applauded Anthony Albanese's efforts to restore Chinese-Australian relations after they had reached "a low point" in recent years.

Consumer win in card surcharge cut as business bristles

Consumer win in card surcharge cut as business bristles

Consumer win in card surcharge cut as business bristles

Consumer win in card surcharge cut as business bristles

Scrapping surcharges could save Australians about $1.2 billion, but small businesses think they will have to foot the bill.

Lower tariff could give Aussie exports edge over rivals

Lower tariff could give Aussie exports edge over rivals

Lower tariff could give Aussie exports edge over rivals

Lower tariff could give Aussie exports edge over rivals

Beef and wine exporters from Australia could become bigger players in the US market as hefty trade tariffs are slapped on their market rivals.

Home truths on housing target in leaked Treasury advice

Home truths on housing target in leaked Treasury advice

Home truths on housing target in leaked Treasury advice

Home truths on housing target in leaked Treasury advice

Leaked advice on the government's new home target has failed to ruffle the treasurer, who says having an ambitious goal is better than building too few homes.

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Trump seeks more concessions in EU trade deal talks

US President Donald Trump has seen some trade deal offers and thinks they need to be better, White House economic adviser Kevin Hassett says.

PM urges work on green steel over red wine in China

Aussie-grown beef and Penfolds wine will be on the menu as Prime Minister Anthony Albanese addresses Chinese and Australian captains of industry in Shanghai.

Clouds of war shroud PM's sunny China tourism pitch

The prime minister has called on an ex-Socceroo and a Chinese film star to promote Sino-Australian ties while facing an untimely reminder of regional tension.

All signs point to jobs market holding firm in new data

Forward indicators suggest Australia's unusually low unemployment rate will stay steady in fresh data set to be released by the Australian Bureau of Statistics.

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Trump intensifies trade war with threat of new tariffs

In an escalation of the global trade wars, US President Donald Trump has slapped the EU and Mexico with 30 per cent tariffs.

Fears heritage-listed rock art at risk from gas project

A vast collection of rock art has been recognised as a World Heritage site but advocates warn the engravings are under threat from industrial expansion.

EU waits as Trump keeps world guessing on tariff plans

European Union officials believe they may receive a letter from US President Donald Trump outlining tariff levels for the bloc.

Fire ants in coal mine sound agriculture alarm

Biosecurity authorities are on alert after destructive fire ants were found at a coal mine 800 kilometres from the previous infestation zone.

Trump slaps big tariff on Canada, eyes hikes for others

In the latest salvo of US President Donald Trump's trade war, he wants to hit Canada with 35 per cent tariffs and other nations with levies up to 20 per cent.

Cryptocurrency bitcoin hits another record high

Bitcoin, the world's largest cryptocurrency, has risen to a record high value of $US113,734.

Evidence acidic pollution is damaging ancient rock art

Industrial emissions are likely to have degraded the world's largest and most diverse collection of Aboriginal rock art engravings, researchers warn.

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