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Latest news: Economy, Business and Finance

'Undisciplined' spending in opposition's sights

'Undisciplined' spending in opposition's sights

Several industry-shaping programs could be axed were the coalition to win the election, with Labor questioning its commitment to essential services.

Beef-loving US can't get enough true blue red meat

Beef-loving US can't get enough true blue red meat

Beef-loving US can't get enough true blue red meat

Beef-loving US can't get enough true blue red meat

Beef exports to the United States have taken off and South Australia is leading the way, with almost $200 million worth sold to the American market this year.

Resilience of jobs market put to test

Resilience of jobs market put to test

Resilience of jobs market put to test

Resilience of jobs market put to test

Fresh labour force data will be watched closely following the Reserve Bank's assessment it was still operating above 'full employment'.

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A wider view: clean energy push for environment reform

A wider view: clean energy push for environment reform

Frustrated clean energy developers and investors say Australia must consider emissions reduction and climate change as well as the impact on the environment.

Calls for 'blinkered' robodebt officials to face music

Calls for 'blinkered' robodebt officials to face music

The federal public servants involved in the robodebt scheme broke the rules multiple times but some won't face sanctions because they have resigned or retired.

Battle of Kim and Goliath as bank closes amid loophole

Battle of Kim and Goliath as bank closes amid loophole

A NSW town will lose its ANZ branch because it isn't considered regional, just months after the bank committed to keep country locations open for three years.

Australia inks $660 million hydrogen pact with Germany

Australia inks $660 million hydrogen pact with Germany

A hydrogen investment pact with Germany will support new commercial supply and access to the European market for the emerging industry.

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Strong labour standards urged for energy transition

Strong labour standards urged for energy transition

Strong labour standards urged for energy transition

Strong labour standards urged for energy transition

Governments are urged to attach strong labour standards to taxpayer-funded renewables, while the energy sector needs to come clean on safety and welfare.

Cafe, pub splurge short-lived as consumer pain persists

Cafe, pub splurge short-lived as consumer pain persists

Cafe, pub splurge short-lived as consumer pain persists

Cafe, pub splurge short-lived as consumer pain persists

Higher spending at hospitality venues in August was likely a blip as financial pressure on wallets is expected to stick around until 2025.

Bill aims to pass go on proving credentials of hydrogen

Bill aims to pass go on proving credentials of hydrogen

Bill aims to pass go on proving credentials of hydrogen

Bill aims to pass go on proving credentials of hydrogen

Hydrogen producers may be able to prove the alternative fuel was made with renewables, not coal or gas, as trading partners plan to levy carbon-laden imports.

Local business fears closure with no govt support

Local business fears closure with no govt support

Local business fears closure with no govt support

Local business fears closure with no govt support

A battling small business owner has called for more Queensland government assistance as talks to provide tax relief for a major casino operator continue.

Mums and dads to get super on their parental leave

Mums and dads to get super on their parental leave

Mums and dads to get super on their parental leave

Mums and dads to get super on their parental leave

Superannuation payments will be paid on top of government-funded paid parental leave from July 2025 for an estimated 180,000 families.

Push to outlaw price gouging as costs continue to soar

Push to outlaw price gouging as costs continue to soar

Push to outlaw price gouging as costs continue to soar

Push to outlaw price gouging as costs continue to soar

The federal Greens are hoping they can address the plight of Australians paying more at the check-out as the cost of living rises.

Miners dig 'best friend' Dutton with battlelines drawn

Miners dig 'best friend' Dutton with battlelines drawn

Miners dig 'best friend' Dutton with battlelines drawn

Miners dig 'best friend' Dutton with battlelines drawn

Environment Minister Tanya Plibersek has called for "a bit of common sense" from mining bosses, while Peter Dutton pledges to be their "best friend".

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Call to 'science' our way out of the climate conundrum

Leading thinkers have called for Australia to deploy science for the service of society and stop relying on selling emissions-laden resources for prosperity.

Newmont sells Telfer and Havieron mines for $714m

The world's largest gold mining corporation, Newmont, has sold two goldmines in Western Australia to Greatland Gold in a massive sell-off.

Hiring go-slow ongoing as RBA keeps sights on inflation

Australia's labour market is easing but it has a way to go before it's consistent with low and stable inflation, a senior central bank official warns.

Australia leaks $100b from incontinence issue costs

Incontinence affects more than seven million Australians, costing more than $100 billion in 2023 amid warnings one-in-three could be impacted by 2032.

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Emerging markets could miss out on AI wins: World Bank

Artificial intelligence may not necessarily make the fight against inequality any easier, the World Bank president has said during an Australian visit.

Rates veto power must stay: Greens issue RBA demands

The Greens want the treasurer to intervene and force the RBA to lower interest rates as it lays out its demands for support on troubled central bank reforms.

New fear unlocked: unemployment worries grip consumers

Consumers are becoming more concerned about the sluggish economy and what this could mean for jobs, with cost-of-living becoming a lower order worry.

Power to the 'energy underclass' as Australia retools

The energy change "can't be about Teslas in teal seats", unions and community leaders tell a forum, with many households struggling to pay their power bills.

'Tired trope': most voters open to lower home prices

Australia's housing affordability mess has most voters in favour of lower prices and backing tax reform and other policy interventions to ease pressures.

Miners lash PM as he plots future made in Australia

The "under siege" mining industry warns it can't afford to compete internationally under Australia's environmental, workplace and tax laws.

Women ditching part-time as COVID redefines flexibility

Part-time work is fading as the go-to way of meeting flexibility needs and this could open up opportunities to narrow gender-based economic disadvantage.

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