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Latest news: Economy, Business and Finance

Fresh scrutiny of Labor's inflation-busting credentials

Fresh scrutiny of Labor's inflation-busting credentials

As federal MPs return to Canberra, Labor will spruik its contributions to the inflation fight following a US election influenced by economic conditions.

HECS debts lump students with future mortgage misery

HECS debts lump students with future mortgage misery

HECS debts lump students with future mortgage misery

HECS debts lump students with future mortgage misery

As debate on how best to cut student loans continues in federal parliament, figures have shown how HECS debts can impact on mortgages.

Australian finance to spark Indo-Pacific climate action

Australian finance to spark Indo-Pacific climate action

Australian finance to spark Indo-Pacific climate action

Australian finance to spark Indo-Pacific climate action

Cheap finance for climate projects is on offer from Australia for small businesses across the Pacific, Southeast Asia and South Asia.

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Discount class action fresh headache for grocery giants

Discount class action fresh headache for grocery giants

Australia's two major supermarket chains say they will defend against class action lawsuits brought over allegations of misleading promotional price practices.

Green iron export bonanza: invest or look like 'morons'

Green iron export bonanza: invest or look like 'morons'

A think tank urges Australia to bankroll green iron or concede market leadership to China, which is racing ahead on decarbonising steel supply lines.

Crackdown efforts start on dodgy business practices

Crackdown efforts start on dodgy business practices

Dynamic pricing and subscription service traps are in the sights of the federal government, as consultation starts on efforts to ban them.

EU fines Meta $A1.3b over Facebook's classified ads

EU fines Meta $A1.3b over Facebook's classified ads

Meta is expected to appeal a $A1.3 billion fine over abusive practices benefiting its classified ads on Facebook Marketplace.

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Pacific finance needs top $2b as storms hit, seas rise

Pacific finance needs top $2b as storms hit, seas rise

Pacific finance needs top $2b as storms hit, seas rise

Pacific finance needs top $2b as storms hit, seas rise

Pacific Island nations need climate finance to top $2 billion every year in addition to existing official aid, experts warn the international climate summit.

Jobs still bright spot despite softer employment growth

Jobs still bright spot despite softer employment growth

Jobs still bright spot despite softer employment growth

Jobs still bright spot despite softer employment growth

There may be cracks appearing in the labour market but it's still strong compared to pre-pandemic norms and taking a long time to unwind.

Climate change fuelling insurance cost-of-living crunch

Climate change fuelling insurance cost-of-living crunch

Climate change fuelling insurance cost-of-living crunch

Climate change fuelling insurance cost-of-living crunch

More than two-thirds of parents are worried about rising insurance costs pushed higher by climate change.

Pay growth running faster than price rises

Pay growth running faster than price rises

Pay growth running faster than price rises

Pay growth running faster than price rises

Workers have logged another quarter of real wage growth that, thankfully, is not strong enough to push back interest rate cuts.

'Gone backwards': Hopes fund can revive home-building

'Gone backwards': Hopes fund can revive home-building

'Gone backwards': Hopes fund can revive home-building

'Gone backwards': Hopes fund can revive home-building

A $900 million fund has been welcomed by economists hopeful it will modernise the construction industry where productivity has been flat for three decades.

Gas producer slams ideological folly, warns of shortage

Gas producer slams ideological folly, warns of shortage

Gas producer slams ideological folly, warns of shortage

Gas producer slams ideological folly, warns of shortage

A domestic gas producer has warned of rising power bills and energy shortages if significant headwinds, including green tape and activism, go unchallenged.

Another 300 jobs to go as low prices close lithium mine

Another 300 jobs to go as low prices close lithium mine

Another 300 jobs to go as low prices close lithium mine

Another 300 jobs to go as low prices close lithium mine

Another lithium mine has been shuttered as Mineral Resources looks to preserve cash, joining the ranks of firms trying to survive the battery mineral's slump.

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Stubborn emissions threaten to blow world carbon budget

Extraordinary growth in renewable energy is not enough to offset the "humungous challenge" of Australia's fossil fuels, a carbon tracker warns.

COP29 host Azerbaijan defends oil and gas

World leaders have clashed at the UN's COP29 climate summit that's being hosted by Azerbaijan, which has a thriving oil and gas industry.

Super fund in strife over $20m in delayed payments

Superannuation fund Cbus has been accused of failing to process $20 million worth of death and disability claims in a timely manner.

Coles calls out 'politicisation' of cost of living

Politicians are unfairly attacking supermarket chains to provide answers to difficult questions about inflation, grocery giant Coles says.

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'It's a lifeline': relief as government hands Rex $80m

The federal government will provide up to $80 million to keep Rex regional routes operating, a relief for rural communities fearing for their future prosperity.

Consumer confidence rebound wobbles following Trump win

The recovery in consumer confidence is gathering steam despite a blip following the United States election result last week.

Pacific nations don't want 'boomerang aid' for climate

As international climate negotiations begin, Pacific scholars have launched groundbreaking research to make sure their voices are heard at the top table.

Aldi banks on winning customers over opening new stores

The nearest supermarket rival to Coles and Woolworths says it's focused on trying to woo new customers rather than expanding its chain of Australian stores.

Australian economy prepared for Trump: Chalmers

Treasurer Jim Chalmers believes Australia is well placed to deal with global financial shocks despite the looming threat of US tariffs.

Trump factor unlikely to reverse clean energy momentum

The "Trump factor" is unlikely to derail renewable energy momentum, a peak body says, as data on financial commitments suggests Australia is back on target.

Jobs market in focus as investors chew Trump triumph

Donald Trump's return is having no immediate impact on central bank inflation outlooks but domestic jobs figures could change the calculus for the RBA.

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