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Latest news: Economy, Business and Finance
Sustainable fuel hopes take off with eyes on emissions
Flights could become more environmentally friendly as Australia and New Zealand explore ways to produce sustainable aviation fuel at home.
Jul 30, 2024
Signs of slow build back with home approvals sluggish
Interest rates, labour shortages and investor confidence are contributing to weak building approvals, but there are signs of recovery in detached homes.
Jul 30, 2024
Aussie founders combine to supercharge AI design tools
Two fast-growing Aussie tech firms are joining forces to bring breakthroughs in generative artificial intelligence and design to experts and beginners alike.
Jul 30, 2024
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Coalition smacked over 'not-so-super' home-buyer plan
Letting people use their super funds to buy their first home under a coalition policy would force up rents and housing prices, according to industry members.
Jul 29, 2024
Half of under-40s expect to help parents in retirement
Many young people think they will need to help their parents financially as they age, fresh surveying suggests.
Jul 29, 2024
The surprise state topping Australia's economic ladder
South Australia has retained its title as the nation's top economy for the third consecutive time in CommSec's latest State of the States report.
Jul 29, 2024
Wake-up call on energy transition as voters switch off
Cost of living pressures are causing many voters to question the impact on their household finances of going all-in on renewable energy, according to a poll.
Jul 29, 2024
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Pivotal inflation print to set scene for rates call
Eyes will be fixed on quarterly inflation data which could land hot enough to trigger a rate hike at a time when other advanced economies are talking cuts.
Jul 28, 2024
World's biggest renewable energy micro-grid suspended
An off-grid plan to transform one of the world's most energy-intensive industries is a casualty of BHP's decision to mothball its Australian nickel operations.
Jul 26, 2024
EU shifts $2.5b from frozen Russian assets to Ukraine
The European Union will transfer 1.5 billion euros in proceeds from frozen Russian assets "to the defence and reconstruction of Ukraine".
Jul 26, 2024
Warning to Aussie firms on mandatory climate reporting
A survey of climate change strategies and disclosures of Australia's top 200 companies has found their plans need to be credible and backed by science.
Jul 26, 2024
Newspaper reporters strike over pay as Olympics loom
Reporters covering the Paris Olympics for the Nine newspapers will join colleagues across Australia in going on strike over pay and conditions.
Jul 25, 2024
As Canada cuts rates, RBA doves come home to roost
After hitting inflation hard and early, the Bank of Canada is already cutting rates while their dovish Australian counterparts contemplate another rate hike.
Jul 25, 2024
Macquarie reports subdued earnings, shares slide
Macquarie is taking a cautious stance and conservative approach to capital in 2024/25, as it looks forward to the opening of its new global HQ in Sydney.
Jul 25, 2024
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ANZ admits 'unacceptable failure' as bond probe ongoing
ANZ's chief has issued a personal apology to the Australian Office of Financial Management boss as investigations into trading and conduct issues are ongoing.
Jul 25, 2024
Origin Energy backs big batteries to support east coast
Origin Energy will invest $450 million in the Eraring big battery project as part of a plan to accelerate its renewable energy generation and storage footprint.
Jul 25, 2024
Customers despair as telcos ignore complaints
Most of the one in two Australians who experience problems with their telco opt not to complain because they feel "skeptical or overwhelmed", research shows.
Jul 24, 2024
Big batteries for the 'heavy lifting' as cold snap hits
The more clean energy in the nation's network, the better it will be for power bills and keeping the lights on, experts say, despite a lull during a cold snap.
Jul 24, 2024
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Call for ad ban on easy credit for groceries, medicines
A popular form of credit to encourage online shopping has morphed into a crutch for trying to stay a step ahead of financial disaster, an inquiry has been told.
Jul 24, 2024
Woolies denies sending spy after farmers oust employee
A Woolworths employee has been removed from a farming conference after being accused of spying on producers.
Jul 24, 2024
Fears of widespread disruption when 3G is switched off
Telcos and the government may not realise the potential extent of disruptions when 3G is switched off, with concerns across health, construction and farming.
Jul 23, 2024
Permits for new gas exploration risk 'climate disaster'
Australia needs more gas to fast-track the phase out of coal, explorers say, but critics warn new offshore gas exploration permits are a "climate disaster".
Jul 23, 2024
IT outage compensation talk inevitable: CrowdStrike
The Australian president of CrowdStrike has apologised for the cybersecurity company's role in causing an outage that crippled global IT systems.
Jul 23, 2024
Rent squeeze adds extra juice for first-home buyers
Renters across the nation face increasing rent hikes despite varied rental conditions, which is leading to some buying a home.
Jul 22, 2024
Deal for 'clean, reliable power' despite gas shortfall
Another state has signed a federal renewable energy agreement, anticipating rising power demand in coming decades from new refineries and low-carbon industries.
Jul 22, 2024
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