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Latest news: Economy, Business and Finance

White House considering exemptions on tariffs: Johnson

White House considering exemptions on tariffs: Johnson

US President Donald Trump may consider exemptions to reciprocal tariffs, US House of Representatives Speaker Mike Johnson says.

Business lobby backs tax boost to bolster productivity

Business lobby backs tax boost to bolster productivity

Business lobby backs tax boost to bolster productivity

Business lobby backs tax boost to bolster productivity

The Business Council of Australia has called for the federal government to hand all companies a 20 per cent investment allowance in the upcoming budget.

Taxpayers take risk on Rex if ailing airline can't sell

Taxpayers take risk on Rex if ailing airline can't sell

Taxpayers take risk on Rex if ailing airline can't sell

Taxpayers take risk on Rex if ailing airline can't sell

Experts are questioning why taxpayers should be placed on the hook for bailing out Rex through a government takeover if buyers are unwilling to take the risk.

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'Governments shouldn't own airlines': Rex rescue panned

'Governments shouldn't own airlines': Rex rescue panned

A possible government takeover of failed airline Rex has come under fire, with the sector declaring a taxpayer lifeline would create an uneven playing field.

'Strong ally': Australia won't return fire on tariffs

'Strong ally': Australia won't return fire on tariffs

The clock is ticking for Australia to secure an exemption to Donald Trump's steel tariffs after he accused leaders of breaking their word on an export deal.

AGL slams nuclear option, doubles down on big batteries

AGL slams nuclear option, doubles down on big batteries

Australia's biggest emitter AGL Energy will build "a whole range of assets", but not nuclear reactors, to support the closure of 50-year-old coal power plants.

'No-brainer' home ownership boost for HECS debt Aussies

'No-brainer' home ownership boost for HECS debt Aussies

Australians saddled with student debt who want to enter the housing market will be given a helping hand, under changes to lending requirements.

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USAID watchdog fired after sounding alarm about funding

USAID watchdog fired after sounding alarm about funding

USAID watchdog fired after sounding alarm about funding

USAID watchdog fired after sounding alarm about funding

The inspector general for the US Agency for International Development has been fire, after he warned that billions of dollars in unspent aid was untrackable.

Concern Australian jobs at risk over Trump's tariffs

Concern Australian jobs at risk over Trump's tariffs

Concern Australian jobs at risk over Trump's tariffs

Concern Australian jobs at risk over Trump's tariffs

Australian communities that rely heavily upon steel and aluminium production jobs are closely watching developments on US tariffs and hoping for an exemption.

Doctors fear health fallout from nuclear energy plans

Doctors fear health fallout from nuclear energy plans

Doctors fear health fallout from nuclear energy plans

Doctors fear health fallout from nuclear energy plans

Doctors have warned of health harms for frontline energy workers, local children and the wider community from the coalition's nuclear power plan.

Aussies opt for regional living, pushing up home prices

Aussies opt for regional living, pushing up home prices

Aussies opt for regional living, pushing up home prices

Aussies opt for regional living, pushing up home prices

A continued shift of Australians moving to regional towns for lifestyle reasons has boosted property prices at the expense of capital city values.

Trump raises steel tariffs, weighs Australia exemption

Trump raises steel tariffs, weighs Australia exemption

Trump raises steel tariffs, weighs Australia exemption

Trump raises steel tariffs, weighs Australia exemption

US President Donald Trump has announced 25 per cent tariffs on all steel and aluminium imports but is "considering" a carve-out for Australia.

Australia must be a 'model ally' in US tariff talks

Australia must be a 'model ally' in US tariff talks

Australia must be a 'model ally' in US tariff talks

Australia must be a 'model ally' in US tariff talks

Australia must prove its relationship with the US is mutually beneficial to earn another exemption from steel and aluminium tariffs, experts say.

Dutton weighs in on RBA amid banana price rise warning

Dutton weighs in on RBA amid banana price rise warning

Dutton weighs in on RBA amid banana price rise warning

Dutton weighs in on RBA amid banana price rise warning

Floods in Australia's north are expected to cut economic output and nudge up banana and sugar prices, as the opposition weighs in on a forecast rate cut.

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Trump tariffs could boost case for rate cut: economists

US tariffs on Australian steel and aluminium would have minimal direct impacts, but weakened Chinese demand for goods like iron ore could hit economic growth.

Bank moratorium 'too late' for rural towns left behind

The federal government has announced a moratorium on regional bank closures, but it's cold comfort for those who have already lost their local branches.

Trump to announce 25 per cent steel, aluminium tariffs

Donald Trump is poised to announce 25 per cent tariffs on steel and aluminium imported to the US but It's not yet clear how and if Australia will be affected.

'Hold the line': politicians say goodbye ahead of poll

Retiring politicians have issued rallying calls to the nation to remain optimistic about the future as they bid farewell ahead of a federal election.

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Albanese to press Trump for tariff breaks for Australia

Prime Minister Anthony Albanese will attempt to secure Australian companies an exemption from US tariffs in a direct phone call with President Donald Trump.

Hive mind: vital survey to map the buzz on deadly mite

A national survey will map the impact of a deadly mite to safeguard Australia's honey bee population and the many growers that rely on pollination.

Business conference revival an Aussie economic boon

Australia is still not luring business arrivals in pre-pandemic numbers but conferences are back in vogue, bringing much-needed stimulus to the tourism sector.

Japan PM optimistic about averting US tariffs

Japan's prime minister is optimistic his country and the US can avoid a tit-for-tat tariff war, saying Donald Trump acknowledges Japan's investment in the US.

Rate hopes to lift business, consumer spirits

Confidence is rising as consumers and businesses hold out hopes for interest rate relief in 2025, surveys are expected to show.

Prince Harry's Invictus Games kicks off in Vancouver

Coldplay frontman Chris Martin and Katy Perry were among the musicians who performed at the 2025 Invictus Games opening ceremony in Canada.

How workplace rudeness can snowball into toxic culture

Acceptance of low-level bad behaviour allows bullying to spread like a disease, warns a workplace safety expert who says managers need to nip it in the bud.

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