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Latest news: Economy, Business and Finance

Storm-struck communities count costs of 'vigorous' low

Storm-struck communities count costs of 'vigorous' low

Thousands of people have already filed insurance claims after a complex and powerful weather system pounded Australia's east coast.

Misleading 'ghost stores' haunting Australian consumers

Misleading 'ghost stores' haunting Australian consumers

Misleading 'ghost stores' haunting Australian consumers

Misleading 'ghost stores' haunting Australian consumers

Shoppers are being warned about stores that present themselves as local businesses but sell low-quality items shipped from overseas.

Trump says US has struck a trade deal with Vietnam

Trump says US has struck a trade deal with Vietnam

Trump says US has struck a trade deal with Vietnam

Trump says US has struck a trade deal with Vietnam

Vietnam and the United States have struck a trade deal, US President Donald Trump says.

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Big bank shifts rate cut tip as retail sales disappoint

Big bank shifts rate cut tip as retail sales disappoint

A slow start to the year for consumers continues, with weaker-than-expected retail sales a sign of "scarring" from a spike in inflation.

Submarine deal left treading water after key US talks

Submarine deal left treading water after key US talks

The foreign minister's talks with her US counterpart have not clarified whether America will continue to play its part in the AUKUS agreement.

Major tax reform probably 'a bridge too far': CBA

Major tax reform probably 'a bridge too far': CBA

The federal government will find wholesale tax reform hard to achieve at its roundtable but planning changes could be more manageable, says a leading economist.

Security questioned after millions hit in Qantas hack

Security questioned after millions hit in Qantas hack

Millions of customers' details have been exposed in a cyber attack on Australia's biggest carrier that experts say is likely the work of international hackers.

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'Cheaper, fairer, ours': state insurance firm unveiled

'Cheaper, fairer, ours': state insurance firm unveiled

'Cheaper, fairer, ours': state insurance firm unveiled

'Cheaper, fairer, ours': state insurance firm unveiled

A plan to set up a government-owned insurance company could save families hundreds of dollars, but the policy has also been described as reckless.

Senate passes massive US tax cut and spending bill

Senate passes massive US tax cut and spending bill

Senate passes massive US tax cut and spending bill

Senate passes massive US tax cut and spending bill

US President Donald Trump's massive tax cut and spending bill heads to the House of Representatives after passing the Senate by the narrowest of margins.

Trump escalates Musk feud with threat to Tesla support

Trump escalates Musk feud with threat to Tesla support

Trump escalates Musk feud with threat to Tesla support

Trump escalates Musk feud with threat to Tesla support

The war of words between President Donald Trump and the world's richest man Elon Musk has escalated as the Senate passed a key tax and spending bill.

Rice not on the table in Japan's trade talks with US

Rice not on the table in Japan's trade talks with US

Rice not on the table in Japan's trade talks with US

Rice not on the table in Japan's trade talks with US

Donald Trump has criticised Japan for not buying American rice as Tokyo scrambles to convince the US to scrap a 25 per cent tariff on Japanese cars.

US Senate struggling to pass Trump's $5 trillion bill

US Senate struggling to pass Trump's $5 trillion bill

US Senate struggling to pass Trump's $5 trillion bill

US Senate struggling to pass Trump's $5 trillion bill

US Senators continue voting in a marathon session on a series of amendments to Donald Trump's tax-cut and spending bill, which will add $5 trillion to US debt.

Deliveries not impacted as freight pilots go on strike

Deliveries not impacted as freight pilots go on strike

Deliveries not impacted as freight pilots go on strike

Deliveries not impacted as freight pilots go on strike

Qantas has put contingency plans in place as freight pilots, responsible for delivering parcels, prepare to take industrial action over a wage offer dispute.

Telco misdeeds sharpen case for Indigenous leadership

Telco misdeeds sharpen case for Indigenous leadership

Telco misdeeds sharpen case for Indigenous leadership

Telco misdeeds sharpen case for Indigenous leadership

Repeated misconduct by major telcos in selling to remote communities highlights the need to embed Indigenous leaders, a corporate adviser says.

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Nest eggs on the boil as super guarantee cracks open

Award wages, super contributions and energy bills are rising as a new financial year rings changes for households.

Tech giant's tips for Australia to catch the AI wave

Industry darling OpenAI has released an economic blueprint for Australia to capitalise on AI as concerns are raised the tech could destroy entry-level jobs.

BBC regrets not stopping Glastonbury live stream

The BBC says it should have pulled a live stream of rap group Bob Vylan’s performance at Glastonbury over chants against Israeli troops.

Pay penalties to be saved as workers score wage win

Weekend penalty rates will be protected by the federal government as minimum wage workers are about to get a boost to their pay packets.

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Retail spending tipped to stay soft as home prices soar

Housing prices are expected to climb ever higher, even as a predicted recovery in dwelling consents shines a ray of hope on Australia's supply ambitions.

Final bash set to end lavish Bezos wedding party

A beaming Jeff Bezos and Lauren Sanchez waved as they left their luxury Venice hotel for a last night of partying to celebrate their lavish wedding.

G7 agrees to avoid higher taxes for US, UK companies

Firms from the United States and the United Kingdom will be exempt from a global tax agreement following a G7 announcement.

Australians warned to not jump the gun on tax return

The national tax office has warned Australians to be patient in lodging their tax returns as the financial year comes to an end.

Jeff Bezos weds Lauren Sanchez in grand Venice ceremony

Amazon founder Jeff Bezos and journalist Lauren Sanchez have tied the knot at a star-studded wedding in Venice.

Trump cuts off trade talks with Canada over digital tax

US President Donald Trump says his July 9 trade deadline is not a fixed date, telling reporters that it could be sooner or later than that date.

Beijing deal will expedite rare earth exports, says US

US President Donald Trump says the US has signed an deal with China on trade after massive tariff hikes threatened to freeze trade between the two countries.

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