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Latest news: Economy, Business and Finance

Renewable land grab leaves prime paddocks in production

Renewable land grab leaves prime paddocks in production

A renewable energy land agent says farmers are happy with projects on paddocks they can't see from their porch, as long as it's their land making the money.

Later retirement damaging to health, wellbeing: study

Later retirement damaging to health, wellbeing: study

Later retirement damaging to health, wellbeing: study

Later retirement damaging to health, wellbeing: study

Forcing Australians to work later into their 60s could be detrimental to their sense of autonomy, health and wellbeing, a study has found.

US Congress averts shutdown, passes $1.8 trillion bill

US Congress averts shutdown, passes $1.8 trillion bill

US Congress averts shutdown, passes $1.8 trillion bill

US Congress averts shutdown, passes $1.8 trillion bill

The United States Congress has passed a trillion-dollar government funding bill in a move opposed by some Republicans.

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Up to $18b saved while watching footy with new air-con

Up to $18b saved while watching footy with new air-con

Choosing the right appliance can shrink your power bill and make a dent in a business or household's carbon footprint, according to federal government data.

Tough year ahead for low-income earners, renters: RBA

Tough year ahead for low-income earners, renters: RBA

Pressure from high inflation and interest-rate rises will weigh on those most exposed to financial shocks, Australia's central bank says.

Education key focus as gates open at Royal Easter Show

Education key focus as gates open at Royal Easter Show

More than 10,000 students and teachers from 185 schools will swap the classroom for the showground as the gates open at the Royal Easter Show.

Solar farm in NSW central west to power 200,000 homes

Solar farm in NSW central west to power 200,000 homes

The federal government has ticked off on a plan to build a 840MW solar farm in the NSW central west, ultimately powering 200,000 homes in the state.

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Beetaloo 'massive sinkhole' for taxpayers, investors

Beetaloo 'massive sinkhole' for taxpayers, investors

Beetaloo 'massive sinkhole' for taxpayers, investors

Beetaloo 'massive sinkhole' for taxpayers, investors

A vast source of onshore gas up for development could waste billions of taxpayer and investor dollars by being unable to compete with a "glut" of foreign LNG.

Woodside preparing 'new climate bomb' on gas peninsula

Woodside preparing 'new climate bomb' on gas peninsula

Woodside preparing 'new climate bomb' on gas peninsula

Woodside preparing 'new climate bomb' on gas peninsula

A gas hub proposed by Woodside Energy would undermine efforts to counter climate change and seriously damage Australia's credibility, environmentalists say.

Employment boom unwinds two months of weakness

Employment boom unwinds two months of weakness

Employment boom unwinds two months of weakness

Employment boom unwinds two months of weakness

Australia has posted a strong labour market report, although the noisy summer months make it difficult to determine the implications for interest rates.

Electrification needs gas to bridge shortfall: operator

Electrification needs gas to bridge shortfall: operator

Electrification needs gas to bridge shortfall: operator

Electrification needs gas to bridge shortfall: operator

Despite a push for electrification, the energy market operator is urging investment in gas pipelines, storage and ports to secure power for homes and industry.

Port, road sales drive 'pain' in cost-of-living crisis

Port, road sales drive 'pain' in cost-of-living crisis

Port, road sales drive 'pain' in cost-of-living crisis

Port, road sales drive 'pain' in cost-of-living crisis

The rising cost of living has been made worse by the sale of ports and roads in NSW, the state's treasurer says.

Directing companies shouldn't be a Sisyphean task: ASIC

Directing companies shouldn't be a Sisyphean task: ASIC

Directing companies shouldn't be a Sisyphean task: ASIC

Directing companies shouldn't be a Sisyphean task: ASIC

The chair of Australia's corporate watchdog has drawn on Greek mythology to call out company directors who think their jobs are too hard.

Simple way to save hundreds on household insurance

Simple way to save hundreds on household insurance

Simple way to save hundreds on household insurance

Simple way to save hundreds on household insurance

Two of the nation's biggest insurers are offering discounts on premiums if residents can prove they're prepared for bushfires, with hopes others will follow.

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Fuels versus food fight becoming 'less emotional'

Growing and crushing more crops to keep planes in the skies and farmers on the land does not have to compromise food security, industry leaders say.

Vacuum cleaner chain Godfreys to close after 93 years

Founded in 1931, Godfreys was one of the world's largest vacuum store chains but struggled in the face of competition from electronics and online retailers.

Online shopping is forcing down prices by $1100 a year

Greater competition from online shopping is forcing down the price of some goods, research has found, and could have a bigger impact in the future.

Victoria inches closer to scrapping business stamp duty

The Victorian government is moving to scrap stamp duty on commercial properties and replace it with an annual property tax.

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Rate peak to buoy confidence and possibly home prices

Growing confidence that interest rates are going no higher and cuts may start later this year could improve consumer sentiment and home-buying activity.

Rates on hold but RBA ‘not ruling anything in or out’

Interest rates have been left steady for another meeting and the Reserve Bank has kept its options wide open when it comes to future moves.

Call for more biofuels to keep trucks, utes on the road

Aussies are lagging on decarbonisation and risk paying an ongoing "green premium" for alternative fuels without changes to government policy and carbon markets.

Product price hike fears over supermarket smash-up laws

An unlikely political alliance is stirring to push new laws that punish supermarkets for price gouging but the business lobby is warning of unintended outcomes.

States in harmony on GST forecasts, discord on carve-up

Several state treasurers are calling on commonwealth officials to tell them how much GST they can expect for the next four years.

Relief for some as power prices drop, but not for all

Regulators have released draft recommendations on what consumers in Australia's east will pay to keep the lights on. One state will see a big drop.

Workers underprepared as AI reaches turning point

Few Australian businesses are fully prepared to deploy a transformational technology set to democratise intelligence to almost all workers, a report says.

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