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Latest news: Economy, Business and Finance

'Once-in-a-generation' change in corporate reporting

'Once-in-a-generation' change in corporate reporting

Smaller firms may be wary of new reporting obligations but the big end of town is calling for rapid passage of laws requiring honesty on climate-related risks.

Consumer price data to set scene for May rates call

Consumer price data to set scene for May rates call

Consumer price data to set scene for May rates call

Consumer price data to set scene for May rates call

The cost of living pressures plaguing households have been subsiding and fresh data released this week will hopefully reveal further softening.

South Australia tops economic leaderboard again

South Australia tops economic leaderboard again

South Australia tops economic leaderboard again

South Australia tops economic leaderboard again

South Australia is the top-performing state economy for the second quarter running although Western Australia could overtake it in coming months.

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Sustainability: a price Australia can afford to pay?

Sustainability: a price Australia can afford to pay?

Australia's mining bosses have been challenged by a former trade negotiator on sustainability standards and the social impact of extracting resources.

Global tensions, China slowdown casts budget shadow

Global tensions, China slowdown casts budget shadow

The threat of escalating conflict in the Middle East has cast further uncertainty over Australia's pre-budget economic outlook, the treasurer has warned.

Builder insolvencies may upend home buyer plans: expert

Builder insolvencies may upend home buyer plans: expert

As construction businesses continue folding in their thousands, an expert warns one of the more accessible paths into home ownership could become risky.

Woodside revenue dives as fossil fuel prices dip

Woodside revenue dives as fossil fuel prices dip

Australia's largest oil and gas producer Woodside has suffered a heavy loss in revenue as a result of a fall in fossil fuel production and prices.

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Seven CEO Warburton exits early following controversies

Seven CEO Warburton exits early following controversies

Seven CEO Warburton exits early following controversies

Seven CEO Warburton exits early following controversies

James Warburton will step down immediately as head of Seven West Media, launching the reign of Jeff Howard at the scandal-plagued media conglomerate.

Government told to 'hold its nerve' on clean tech push

Government told to 'hold its nerve' on clean tech push

Government told to 'hold its nerve' on clean tech push

Government told to 'hold its nerve' on clean tech push

Clean energy groups want the federal government to stay the course on its industrial policy aimed at seizing a once-in-a-century decarbonisation opportunity.

Jobs market holds ground despite rise in unemployment

Jobs market holds ground despite rise in unemployment

Jobs market holds ground despite rise in unemployment

Jobs market holds ground despite rise in unemployment

The official jobs data was more subdued in March as widely expected following a surprisingly strong February result.

Extreme weather sparks higher wholesale energy prices

Extreme weather sparks higher wholesale energy prices

Extreme weather sparks higher wholesale energy prices

Extreme weather sparks higher wholesale energy prices

Some of the most extreme weather Australia has ever seen is proving to be the "X-factor" for power bills as wholesale energy prices rise.

BHP's energy coal fires up, axe swings over nickel jobs

BHP's energy coal fires up, axe swings over nickel jobs

BHP's energy coal fires up, axe swings over nickel jobs

BHP's energy coal fires up, axe swings over nickel jobs

Thousands of workers face uncertainty as BHP considers the fate of nickel operations amid a global glut of the metal, but coal for power plants is firing up.

Coles and Woolworths work to restock WA supermarkets

Coles and Woolworths work to restock WA supermarkets

Coles and Woolworths work to restock WA supermarkets

Coles and Woolworths work to restock WA supermarkets

The supermarket giants say they're working hard to replenish bare shelves in WA but some grocery items will remain in short supply for at least another week.

Budget clouded by global wars and weak economic growth

Budget clouded by global wars and weak economic growth

Budget clouded by global wars and weak economic growth

Budget clouded by global wars and weak economic growth

Treasurer Jim Chalmers will use talks in Washington to take the temperature of the global economy as he puts the finishing touches on his third federal budget.

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Aussie mining 'under assault' from China: US ambassador

Ambassador Caroline Kennedy has taken aim at China's "unchecked exploitation" of Indonesia and other nations that risks destroying the supply of clean minerals.

Rising rents eating up low-income worker pay gains

Both mortgage and rental affordability worsened over the March quarter based on latest ANZ and CoreLogic analysis.

Jail threat, apologies as supermarket chiefs face probe

The head of Woolworths was threatened with jail time while the Coles CEO apologised to suppliers during a parliamentary inquiry into supermarket prices.

Climate change differences for farmers by state

A rural report into the impact of climate change in every state calls for research to determine how land management can help achieve emission reduction targets.

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Support critical for Australia to reap battery wealth

Western Australia has warned that taxpayer support for critical minerals will be crucial to overcoming investor reluctance and market distortion.

Woodside defends 'honest' response to climate change

Woodside Energy's chair Richard Goyder has defended the gas giant's response to climate change in the face of fierce criticism of expansion plans.

Holy cow: coal, gas giants on notice over methane plume

A toxic gas is turbocharging heatwaves, bushfires and coral bleaching, and going largely unreported under "faulty" emission safeguards, satellite data suggests.

Call for home battery cash to support solar milestones

Solar power is breaking records, and reigniting calls for a home battery saver program of up to $6500 to allow households to get more value from their rooftops.

Few avenues for appeal as polluting projects go ahead

Communities should be given the right to appeal the merits of federal government approvals for environmentally damaging projects, legal experts say.

Australia to dodge United States' inflation uptick

Australia is unlikely to experience the same inflation upturn troubling the United States, though not all economists agree Australia is better off.

Food delivery apps leaving out nutritional info

Menu items are not being labelled with nutritional information on food delivery apps according to a study, leading to calls for updated legislation.

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