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Latest news: Economy, Business and Finance

Gabba won't lose seats in 2032 Olympic rebuild

Gabba won't lose seats in 2032 Olympic rebuild

Speculation that a Gabba rebuild will reduce its capacity has been dismissed as the 2032 Olympic venue plan gained momentum with projects set to go to tender.

Dairy farmers concerns at Fonterra's 'step change'

Dairy farmers concerns at Fonterra's 'step change'

Dairy farmers concerns at Fonterra's 'step change'

Dairy farmers concerns at Fonterra's 'step change'

Dairy farmers say the news that dairy giant Fonterra is considering selling its Australian processing assets creates industry uncertainty.

Roll out the barrel: regional NSW gets business boost

Roll out the barrel: regional NSW gets business boost

Roll out the barrel: regional NSW gets business boost

Roll out the barrel: regional NSW gets business boost

Rural and remote airstrips will be upgraded and country towns will get money for child care under state funding aimed at kick-starting regional businesses.

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New copper mine for Qld's 'energy transformation'

New copper mine for Qld's 'energy transformation'

A copper mine in Queensland's north has been granted a lease to begin operations, expanding the life of the site for another 10 years.

Rental vacancies ease as political housing brawl stirs

Rental vacancies ease as political housing brawl stirs

A small lift in vacancy rates offers a ray of sunlight for renters as challenges in the housing market become a sharper focus for the major political parties.

Dutton's target on migrants a 'race to the bottom'

Dutton's target on migrants a 'race to the bottom'

A coalition plan to slash migration has been labelled as "xenophobia" and Labor is being urged not to allow the "racist trope" to dictate the housing debate.

Licence suspension delay for Queensland casinos

Licence suspension delay for Queensland casinos

Two Queensland casinos will have their licence suspensions delayed again as the state waits on a NSW inquiry's findings.

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Federal funds lay groundwork for net zero industries

Federal funds lay groundwork for net zero industries

Federal funds lay groundwork for net zero industries

Federal funds lay groundwork for net zero industries

Labor says it is laying the groundwork for emerging low-carbon industries by sinking millions into a feasibility study for a water project in South Australia.

Half a million Aussies not prepared for 3G shutdown

Half a million Aussies not prepared for 3G shutdown

Half a million Aussies not prepared for 3G shutdown

Half a million Aussies not prepared for 3G shutdown

Half a million Australians may have devices that can't contact triple zero after the 3G shutdown, as telcos ramp up efforts to keep customers connected.

Dutton pledges to slash migration to fix housing crisis

Dutton pledges to slash migration to fix housing crisis

Dutton pledges to slash migration to fix housing crisis

Dutton pledges to slash migration to fix housing crisis

Peter Dutton has laid out a plan to get Australia "back on track" in his budget response that would crack down on migration and international students.

Pressure coming off RBA as jobs market loses some heat

Pressure coming off RBA as jobs market loses some heat

Pressure coming off RBA as jobs market loses some heat

Pressure coming off RBA as jobs market loses some heat

The Australian workforce is expanding faster than employers are opening up new positions, which should help the Reserve Bank in its fight against inflation.

Graincorp half-year profit falls 75pc to $50 million

Graincorp half-year profit falls 75pc to $50 million

Graincorp half-year profit falls 75pc to $50 million

Graincorp half-year profit falls 75pc to $50 million

Graincrop has had a "resilient" six months given falling grain prices and poor growing conditions in the northern half of eastern Australia.

Off-ramps built into Labor's future industries agenda

Off-ramps built into Labor's future industries agenda

Off-ramps built into Labor's future industries agenda

Off-ramps built into Labor's future industries agenda

Another era of prosperity is at the heart of the government's new industry plan, yet much hinges on its design to ensure taxpayer funds are used wisely.

Farmers butt heads over sheep and 'poor' budget

Farmers butt heads over sheep and 'poor' budget

Farmers butt heads over sheep and 'poor' budget

Farmers butt heads over sheep and 'poor' budget

Farmers angered by a planned live sheep export ban have walked out on the agriculture minister during a post-budget wrap up.

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Sparks fly over energy bill handouts for the wealthy

Treasurer Jim Chalmers has defended a handout of energy rebates to all households despite calls to have it extended more to those struggling to make ends meet.

Mental health body to be moved after culture review

Australia's national bodies for mental health and suicide prevention is shifting to the health department after a review found a poor workplace culture.

Wages still outpacing inflation, silver lining for RBA

Workers enjoyed a pay-packet bump in the March quarter but a drop in the wage price index has eased fears wages are contributing to inflation.

Budget leaves helpless renters to 'rot in housing hell'

Housing affordability crisis will not be solved by the federal government's inadequate increase to rent assistance and construction incentives, critics say.

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Budget shows no empathy for the bush: Littleproud

Nationals leader David Littleproud has slammed the federal budget but others are more optimistic about the government's vision for the future of the regions.

States query GST carve-up despite 'constructive' budget

The reviews are rolling in for the federal budget, with Australia's two most populous states publicly questioning the support they have received from Canberra.

'Massive incentive' to replace diesel with hydrogen

Hydrogen-powered transport could give diesel-powered cars, utes and trucks a run for their money and reduce Australia's reliance on imported fossil fuels.

Legal services forced to turn away fleeing women

Legal services targeted at women fleeing domestic violence could be forced to turn away more of those needing help due to a lack of targeted funding.

'More work to do' to make Australia competitive

Business groups have called for more productivity measures but warned federal budget spending boosts to tackle cost-of-living pressures could fuel inflation.

Biden says US to hike tariffs on Chinese electric cars

Chinese electric vehicles, computer chips and medical products will become more expensive in the United States, President Joe Biden says as tariffs are raised.

Cost-of-living help branded 'Band-Aid on bullet wound'

Cost-of-living budget measures have been branded inadequate by the coalition, with a manufacturing policy promising subsidies facing a significant hurdle.

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