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Latest news: Economy, Business and Finance

Warning for Australia as China 'weaponises' rare earths

Warning for Australia as China 'weaponises' rare earths

A potentially globally significant Australian rare earths producer has criticised China for "weaponising" the market and holding back vital western development.

Australia's housing woes to be focus in federal budget

Australia's housing woes to be focus in federal budget

Australia's housing woes to be focus in federal budget

Australia's housing woes to be focus in federal budget

The plight of struggling renters will be addressed in the upcoming federal budget, Treasurer Jim Chalmers says.

'Vibrancy' reforms on the table for later dining hours

'Vibrancy' reforms on the table for later dining hours

'Vibrancy' reforms on the table for later dining hours

'Vibrancy' reforms on the table for later dining hours

Restaurants and bars 500 metres or more from homes will find it easier to trade into the evening under planned changes in NSW.

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Aussie nest eggs being drained by dodgy cold-callers

Aussie nest eggs being drained by dodgy cold-callers

Workers are being warned to be wary of cold callers using dodgy tactics to bait them into switching super products at the detriment of their retirement savings.

'Under the pump': expenses help for battling families

'Under the pump': expenses help for battling families

Cost-of-living support will be a key focus in the Albanese government's third federal budget, which will be handed down next week.

'Unacceptable': phantom flights cost Qantas $120m

'Unacceptable': phantom flights cost Qantas $120m

Qantas has been fined $100 million and will be forced to pay customers a further $20 million for selling tickets for flights that were already cancelled.

Anti-money laundering, terrorism get budget boost

Anti-money laundering, terrorism get budget boost

More than $166 million in the federal budget will expand money laundering rules so lawyers, real estate agents and other professions have to report.

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Optus appoints telco veteran as new CEO

Optus appoints telco veteran as new CEO

Optus appoints telco veteran as new CEO

Optus appoints telco veteran as new CEO

After two major public relations disasters, Optus has appointed a new chief executive following the departure of Kelly Bayer Rosmarin.

People want decency from business, not political stunts

People want decency from business, not political stunts

People want decency from business, not political stunts

People want decency from business, not political stunts

Corporations aligning with political causes could do better paying workers, suppliers and taxes fairly while investing in local communities, a survey says.

Relief for students with $3b of HECS debt eliminated

Relief for students with $3b of HECS debt eliminated

Relief for students with $3b of HECS debt eliminated

Relief for students with $3b of HECS debt eliminated

About $3 billion worth of student debt will be wiped for more than three million Australians struggling through the cost-of-living crisis.

Spotlight on RBA after concerning inflation data

Spotlight on RBA after concerning inflation data

Spotlight on RBA after concerning inflation data

Spotlight on RBA after concerning inflation data

No change in the official cash rate is expected this week, with the Reserve Bank's reaction to a stronger inflation print the main point of interest.

Super funds respond to members' calls to dump coal

Super funds respond to members' calls to dump coal

Super funds respond to members' calls to dump coal

Super funds respond to members' calls to dump coal

Australia's superannuation funds, as long-term investors, are increasingly making decisions based on the best returns for members in a decarbonising world.

No bailout for Bonza as more than 300 staff stood down

No bailout for Bonza as more than 300 staff stood down

No bailout for Bonza as more than 300 staff stood down

No bailout for Bonza as more than 300 staff stood down

Passengers and more than 300 staff are in limbo after administrators grounded Bonza's planes, with the government rejecting a bailout for the penniless airline.

Supply shortfalls set to exacerbate housing crisis

Supply shortfalls set to exacerbate housing crisis

Supply shortfalls set to exacerbate housing crisis

Supply shortfalls set to exacerbate housing crisis

Housing affordability has worsened in Australia and could be set to deteriorate further but there is no easy fix on the horizon.

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Mind the gap: job choice not behind lower pay for women

The fact women and men tend to enter different occupations only accounts for around 20 per cent of the gender pay gap, research shows.

Man arrested after club visitor data exposed in breach

About one million personal records have been accessed from registered clubs and published to a website as experts say the breach could have been avoided.

Global body warns Australia on interest rates, NDIS

Services inflation, the Chinese economy and household consumption are sources of uncertainty hanging over the OECD's economic growth forecasts for Australia.

Rio Tinto faces 'biggest test' since Juukan Gorge

Rio Tinto is on the hook for water use and what has been described as the biggest test of its reputation since the destruction of ancient Juukan Gorge shelters.

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Woolies CEO says customers struggling to make ends meet

Customer shopping patterns have shifted since the start of the year as rents rise and Australians seek savings, Woolworths chief executive Brad Banducci says.

Sustainable investment must be real not faked: ASIC

The corporate watchdog wants Australia to attract sustainable investment, not scare it off, but not at the expense of well-meaning consumers and investors.

Bandaid solution: economists take aim at super to buy

Top economists have doubts the opposition's super for home ownership scheme will do much to help those struggling most to buy.

Jobseeker cash rise quashed but other help on the cards

Treasurer Jim Chalmers says he will look for other ways to help people doing it tough rather than raising income support payments.

Commissioner warns of 'tech wreck' from unchecked abuse

As Australia races to retrofit laws for generative artificial intelligence, the nation's eSafety commissioner says investigators face real-life harms every day.

Licences go to nation's first offshore wind projects

Some of the world's biggest energy companies have been granted licences to start developing offshore wind farms to replace Australia's coal-fired power plants.

Retailers feel pinch as shoppers stay home, spend less

The high cost of essentials such as health, education and housing are squeezing household budgets and leading to weak discretionary spending.

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