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Latest news: Economy, Business and Finance

Crunch time for divestment of climate-harming companies

Crunch time for divestment of climate-harming companies

Big investors are using "stewardship" to get more nosy about what companies say they are doing and what they're actually doing to reduce their carbon footprint.

Banning sheep exports will kill towns, inquiry told

Banning sheep exports will kill towns, inquiry told

Banning sheep exports will kill towns, inquiry told

Banning sheep exports will kill towns, inquiry told

Farmers have gathered to protest a ban on live sheep exports, with witnesses at a fiery public hearing saying towns will die when the ban comes into effect.

Lack of technology poses 'existential risk' to ASIC

Lack of technology poses 'existential risk' to ASIC

Lack of technology poses 'existential risk' to ASIC

Lack of technology poses 'existential risk' to ASIC

The boss of the financial services watchdog has revealed a lack of investment in data capability and technology is hampering its ability to tackle crime..

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Commercial buildings next on the block for carbon cuts

Commercial buildings next on the block for carbon cuts

Saving on emissions and energy bills for commercial premises is a "no brainer", according to the Property Council, as a push begins for greater electrification.

Home prices in three cities are outpacing their peers

Home prices in three cities are outpacing their peers

Australia's housing market is made up of laggards and leaders in home price growth and the gap is expected to linger in the coming months.

Weakness creeping into labour market as hiring slows

Weakness creeping into labour market as hiring slows

Australia's labour market is slowly softening but the Reserve Bank is unlikely to be bothered by the latest jobs numbers ahead of its next board meeting.

Domestic gas inquiry gives itself more time on deficit

Domestic gas inquiry gives itself more time on deficit

Facing a possible domestic gas deficit, export powerhouse Western Australia has delayed putting the squeeze on producers with a crucial inquiry given more time.

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ACCC flags concerns over $8.8b Chemist Warehouse merger

ACCC flags concerns over $8.8b Chemist Warehouse merger

ACCC flags concerns over $8.8b Chemist Warehouse merger

ACCC flags concerns over $8.8b Chemist Warehouse merger

The Australian Competition and Consumer Commission says it has preliminary competition concerns about the $8.8 billion merger, and is soliciting feedback.

The world 'deserves the truth' behind PwC scandal

The world 'deserves the truth' behind PwC scandal

The world 'deserves the truth' behind PwC scandal

The world 'deserves the truth' behind PwC scandal

The PwC tax leak scandal has gone beyond Australian borders and everyone deserves to know who exactly was involved, a senator says.

'Never been harder': job seekers barely scraping by

'Never been harder': job seekers barely scraping by

'Never been harder': job seekers barely scraping by

'Never been harder': job seekers barely scraping by

The cost of rent, food, and petrol are taking a toll on people living on Centrelink payments and forcing them to skip meals and make other difficult choices.

'Concerning precedent' but animal welfare risk too high

'Concerning precedent' but animal welfare risk too high

'Concerning precedent' but animal welfare risk too high

'Concerning precedent' but animal welfare risk too high

Banning live sheep shipments is a "concerning precedent" for other live animal exports but vets say animal welfare risks remain unacceptable, an inquiry hears.

PM weighs in on fresh push for free or cheap childcare

PM weighs in on fresh push for free or cheap childcare

PM weighs in on fresh push for free or cheap childcare

PM weighs in on fresh push for free or cheap childcare

Anthony Albanese has welcomed an expert proposal for free or low-cost childcare but parents hoping for an immediate reprieve are likely to be disappointed.

Not the size of the energy build, but how we use it

Not the size of the energy build, but how we use it

Not the size of the energy build, but how we use it

Not the size of the energy build, but how we use it

Many households are reducing their carbon footprint but without efficient homes or smart meters they may not be getting the best value out of clean energy.

Dry weather in some states dampens farmer confidence

Dry weather in some states dampens farmer confidence

Dry weather in some states dampens farmer confidence

Dry weather in some states dampens farmer confidence

Farmer confidence has taken a U-turn in the latest quarter in the face of economic pressures and mixed seasonal conditions across Australia.

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Chalmers eyes soft landing amid budget criticism

The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.

Banks, super firms slow to step up as nature protectors

A conservation body says financial institutions are realising natural factors can damage the economy, but are not proactive enough in mitigating those risks.

Call to cut exports, not follow 'wrong' future gas plan

A phase-down of gas exports and reserving supplies for dwindling local use would be a "real future gas strategy" for Australia, according to a climate body.

Households keep falling behind as rate increases bite

Most borrowers are adapting to tough financial conditions but the number of people in hardship or struggling to meet repayments is growing.

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Demand for AI skills falls, with ads 'extremely rare'

Despite the artificial intelligence hype, analysis of Australian job ad data suggests demand for employees able to work with the models has taken a back seat.

PM blasts opposition for shifting goals on climate

An opposition plan to rework interim climate commitments has attracted the ire of the prime minister, who says 2030 goals are achievable.

States at odds over coal royalty revenue, GST cut

Queensland Treasurer Cameron Dick has hit back at his NSW counterpart over a proposed overhaul of coal royalty revenue in GST calculations.

New night life boss 'crucial' to live music economy

The Queensland government's decision to appoint a night life economy commissioner has been welcomed as a boost for the future of the live music industry.

Boomers won't give up retirement dreams for kids

While most older Australians believe their kids face bigger financial struggles than they did, most won't help out at the cost of their retirement lifestyle.

Career stagnation, inequality risks media women exodus

Research on women in media reveals a growing dissatisfaction with the industry, driven by concerns about pay and a lack of promotional opportunities.

Weekend city visits lift but workers still shun the CBD

The number of people visiting Australia's largest cities still remains below pre-pandemic levels but weekends are beginning to buck the trend.

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