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Latest news: Economy, Business and Finance

Heat on Nine directors over toxic company culture

Heat on Nine directors over toxic company culture

The new chair of Nine has fielded questions about a toxic culture at the media giant, as investors deliver a strike against director pay packets.

Climate investors told to press ahead despite Trump

Climate investors told to press ahead despite Trump

Climate investors told to press ahead despite Trump

Climate investors told to press ahead despite Trump

A leading economist has urged Australia to line up with countries that support climate action, arguing a Trump administration is likely to sideline US efforts.

Households face more bill stress as energy prices rise

Households face more bill stress as energy prices rise

Households face more bill stress as energy prices rise

Households face more bill stress as energy prices rise

Energy debt is expected to escalate even more than anticipated, sparking a review of payment difficulty protections for households and small businesses.

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No change to RBA forecasts after Trump election

No change to RBA forecasts after Trump election

The re-election of Donald Trump as US president could have "adverse implications" for the Australian economy but it has not changed the RBA's view on inflation.

Australia poised to work smarter not harder in AI era

Australia poised to work smarter not harder in AI era

Healthcare, agriculture and finance are tipped as the biggest winners in the era of artificial intelligence as Australia chases long-elusive productivity gains.

Trump win may not be a happy situation: Domino's chair

Trump win may not be a happy situation: Domino's chair

Domino's Pizza has introduced its new CEO to shareholders after farewelling Don Meij, as its chairman weighed in on the implications of a Trump presidency.

Trucks, trains and dozers drive Fortescue's 'real zero'

Trucks, trains and dozers drive Fortescue's 'real zero'

Iron ore billionaire Andrew "Twiggy" Forrest says he intends to silence the naysayers with profitable patented green technology to save the planet - and mining.

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Foot-and-mouth disease vaccine supply deal secured

Foot-and-mouth disease vaccine supply deal secured

Foot-and-mouth disease vaccine supply deal secured

Foot-and-mouth disease vaccine supply deal secured

A major deal with a pharmaceutical company will ensure Australia has access to antigens and vaccines to defend itself against a foot-and-mouth disease outbreak.

Supply the key to fixing housing, not taxes: Treasury

Supply the key to fixing housing, not taxes: Treasury

Supply the key to fixing housing, not taxes: Treasury

Supply the key to fixing housing, not taxes: Treasury

The focus of the government should be on increasing housing supply rather than cutting tax concessions for property investors, the Treasury chief says.

February rate cut hopes hinge on jobs market softening

February rate cut hopes hinge on jobs market softening

February rate cut hopes hinge on jobs market softening

February rate cut hopes hinge on jobs market softening

The economic outlook has been downgraded as the big four banks' predictions of a February interest rate cut narrows.

Light rail to slow to a crawl as union ramps up demands

Light rail to slow to a crawl as union ramps up demands

Light rail to slow to a crawl as union ramps up demands

Light rail to slow to a crawl as union ramps up demands

Sydney Commuters face frustratingly slow light-rail trips as industrial action linked to a wages dispute between drivers and a major private operator heats up.

Albanese sees sun breaking through dark economic clouds

Albanese sees sun breaking through dark economic clouds

Albanese sees sun breaking through dark economic clouds

Albanese sees sun breaking through dark economic clouds

The prime minister strikes an optimistic tone in a speech to the business crowd, saying the worst economic storms are over and the future may be much brighter.

RBA resists taking a punt on Melbourne Cup day rate cut

RBA resists taking a punt on Melbourne Cup day rate cut

RBA resists taking a punt on Melbourne Cup day rate cut

RBA resists taking a punt on Melbourne Cup day rate cut

The Reserve Bank has not gambled on a Melbourne Cup rate reduction, with punters left to ponder whether borrowers will receive a windfall before Christmas.

Fess up! Independents push parties on climate targets

Fess up! Independents push parties on climate targets

Fess up! Independents push parties on climate targets

Fess up! Independents push parties on climate targets

Independent MPs are demanding that Labor reveal its 2035 climate target, saying voters deserve to know as climate change is contributing to higher living costs.

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Westpac's profit dips to $7b as mortgage stress eases

Westpac has posted an annual profit of $7 billion and lifted its final dividend, in Peter King's last financial result as chief executive.

'Con job': government flushes hydro energy project

A report says a scrapped pumped hydro scheme proposed by the former Queensland government had no value for money, with costs blowing out to almost $37 billion.

Financial distress drives record crisis call numbers

Lifeline has received a record number of crisis support calls as the soaring cost of living takes a toll on people’s mental health.

Mining heartland backs environment watchdog with teeth

Voters living in one of the nation's mining strongholds support the protection of nature and a role in emissions reduction despite intense lobbying by industry.

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Defence axes satellite program as threats outpace tech

Defence says threats have outpaced a satellite system intended for the ADF, but the opposition says cancellation of the space project 'devastates' capabilities.

Workers get $8k more bang for their buck in the bush

The financial incentive to live in the city is dwindling for most workers - from doctors to truckies - as house prices soar, according to economic research.

HECS cut to help fix 'intergenerational unfairness': PM

The federal government has unveiled plans to cut HECS debt by one-fifth for university students if it wins the next election.

Rail, ferries and ports to merge in transport shake-up

Three Tasmania state-owned services companies could be merged in a bid by the minority Liberal government to boost performance and accountability.

PM rallies Labor troops ahead of election showdown

The prime minister has used a key speech to lay out parts of his second-term agenda, with education shaping as an election battleground.

Shuck horror! WA-grown Sydney Rock Oysters heading east

According to a Western Australian farm backed by Andrew Forrest and his ex-wife Nicola Forrest, some of the best Sydney Rock Oysters don't come from NSW.

RBA tipped to keep rates steady for 12th straight month

Interest rates have been kept on hold for almost a year and are broadly expected to stay there until cuts start in early 2025, provided inflation keeps easing.

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