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Latest news: Economy, Business and Finance

Retail supremo dangles 'game-changing' mystery tech

Retail supremo dangles 'game-changing' mystery tech

Harvey Norman chair Gerry Harvey has hinted he might be selling robots in the next 18 months alongside a 'secret' technology, after dissing his rivals.

Mining giant ends bitter legal fight with former staff

Mining giant ends bitter legal fight with former staff

Mining giant ends bitter legal fight with former staff

Mining giant ends bitter legal fight with former staff

A high-profile stoush between Andrew Forrest's Fortescue and former employees has come to an end after the miner accused them of intellectual property theft.

Online retailer stock gets dumped as sales growth slows

Online retailer stock gets dumped as sales growth slows

Online retailer stock gets dumped as sales growth slows

Online retailer stock gets dumped as sales growth slows

Temple & Webster shares were down more than 30 per cent in late trading after the online furniture retailer's trading update disappointed investors.

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Aussie rare earths darling talking to world governments

Aussie rare earths darling talking to world governments

Lynas Rare Earths, which is harnessing a growing appetite for new technology that needs components made with rare earth metals, is confident about its future.

AI could push up the RBA's neutral interest rate level

AI could push up the RBA's neutral interest rate level

A Reserve Bank official says the neutral rate may have increased since the pandemic, which would limit how far rates could be cut without adding to inflation.

Study reveals why Peter Dutton lost the last election

Study reveals why Peter Dutton lost the last election

A study has revealed Labor had inched ahead of the coalition on a key measure which handed Anthony Albanese a historic majority in federal parliament.

Women don't know where to turn during 'pervasive' abuse

Women don't know where to turn during 'pervasive' abuse

Economic abuse often precedes physical violence but support services can be confusing to navigate, leading to barriers to women accessing help.

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The 'obvious and easy way' to help boost housing supply

The 'obvious and easy way' to help boost housing supply

The 'obvious and easy way' to help boost housing supply

The 'obvious and easy way' to help boost housing supply

More than 80,000 sorely needed homes are unable to be built due to a lack of investment in power, roads and sewers, councils say.

Battling casino group hopeful chips will fall its way

Battling casino group hopeful chips will fall its way

Battling casino group hopeful chips will fall its way

Battling casino group hopeful chips will fall its way

Star Entertainment Group has made progress toward resolving its myriad of issues but executives acknowledge the gaming behemoth isn't out of the woods yet.

Rate cut a shoo-in as Kiwi economy searches for spark

Rate cut a shoo-in as Kiwi economy searches for spark

Rate cut a shoo-in as Kiwi economy searches for spark

Rate cut a shoo-in as Kiwi economy searches for spark

With an economy shrinking and unemployment at eight-year highs, New Zealand's central bank is all but certain to cut rates at its last meeting of the year.

Private health firm jabs insurers not paying fair share

Private health firm jabs insurers not paying fair share

Private health firm jabs insurers not paying fair share

Private health firm jabs insurers not paying fair share

Ramsay Health Care, the biggest private hospital operator in the nation, has again pointed to the challenges faced by the sector in terms of rising costs.

'Extremely strong': Trump praises China ties after call

'Extremely strong': Trump praises China ties after call

'Extremely strong': Trump praises China ties after call

'Extremely strong': Trump praises China ties after call

Leaders of the US and China have spoken on the phone, with President Donald Trump touting relations between the nations as "extremely strong".

Red tape setting back businesses billions and counting

Red tape setting back businesses billions and counting

Red tape setting back businesses billions and counting

Red tape setting back businesses billions and counting

Companies employ 52,000 dedicated workers, more than Australia's entire coal mining sector, just to comply with regulation strangling business investment.

Early Christmas for RBA with landmark inflation print

Early Christmas for RBA with landmark inflation print

Early Christmas for RBA with landmark inflation print

Early Christmas for RBA with landmark inflation print

Inflation data will dominate the domestic economic dashboard, while the UK budget and New Zealand rate cuts are on the agenda abroad.

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'New hope' for climate after COP summit wraps up

Environment groups are welcoming a fresh commitment to phase out fossil fuels despite what they say was an underwhelming finish to the 2025 UN climate summit.

COP30 reaches compromise deal, sidesteps fossil fuels

COP30 climate talks have ended without a binding plan to phase out fossil fuels, with delegates instead backing a boost in financing for developing countries.

G20 summit adopts declaration despite US boycott

World leaders from the Group of 20 nations have broken with tradition and adopted a declaration at the start of the summit despite opposition from the US.

COP30 climate summit deadlock as EU rejects draft deal

COP30 negotiations are deadlocked over whether the accord should set the world on a clearer path away from fossil fuels, with the EU calling the draft too weak.

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'Important step': hope for progress on stalled EU deal

Negotiations have twice fallen at the final hurdle but Australian and European officials see positive signs for finally striking an elusive free trade deal.

WiseTech cops first strike on pay as probe continues

An impassioned speech from an Australian technology mogul wasn't enough to woo shareholders into approving a corporate pay deal after a year of controversy.

Treasurer blocks US takeover of Aussie pharma company

A takeover deal for an Australian pharmaceutical manufacturer has been knocked on the head, with the treasurer citing risks to the supply of critical medicines.

Fire disrupts COP30, 13 treated for smoke inhalation

Thirteen people have been treated for smoke inhalation following a fire at the COP30 venue in Brazil, organisers say.

US posts solid jobs data in September, unemployment up

US employers added a surprisingly solid 119,000 jobs in September, the Labor Department says.

Slash spending and reform taxes, IMF urges Australia

Australia should reintroduce a mining tax and limit spending growth in the NDIS and aged care, according to a leading global financial institution.

Market darling brought to earth by sell-offs and exit

After becoming one of the hottest companies on the market, defence innovator DroneShield has lost 70 per cent of its listed value in less than two months.

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