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Latest news: Economy, Business and Finance

Spring brings brighter outlook as rate hike fears fade

Spring brings brighter outlook as rate hike fears fade

As signs of improving consumer and business confidence emerge, economists are speculating the Reserve Bank might be shifting its thinking on interest rates.

Indigenous knowledge key to reverse environment decline

Indigenous knowledge key to reverse environment decline

Indigenous knowledge key to reverse environment decline

Indigenous knowledge key to reverse environment decline

Governments need to look further into the future and draw on knowledge from the past to halt biodiversity loss, a global summit has been told.

'First light culture' to awaken predicted tourist boom

'First light culture' to awaken predicted tourist boom

'First light culture' to awaken predicted tourist boom

'First light culture' to awaken predicted tourist boom

An ambitious tourism target has been set for NSW, but extra capacity and the right branding will be needed to deliver on the goal.

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RBA minutes to paint picture behind interest rate call

RBA minutes to paint picture behind interest rate call

More information on why the Reserve Bank chose to leave interest rates on hold for the seventh meeting in a row will be released on Tuesday.

Middle East conflict looms over parliament's return

Middle East conflict looms over parliament's return

Politicians will return to Canberra as tensions simmer over escalating conflict involving Gaza, Lebanon, Israel and Iran.

Household spending flat despite retail boost, tax cuts

Household spending flat despite retail boost, tax cuts

The economy is still struggling along with flat household spending despite an uptick in retail turnover and income tax cuts beginning to flow.

Woolworths lands apartment tower deal for prime site

Woolworths lands apartment tower deal for prime site

A vacant inner-city site bought by Woolworths' development arm in 2020 will become a multi-storey apartment complex anchored by the supermarket.

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Nature 'taken for granted' sparks calls for change

Nature 'taken for granted' sparks calls for change

Nature 'taken for granted' sparks calls for change

Nature 'taken for granted' sparks calls for change

Environmentalists, insurers and industry groups have aligned to warn Australia must address biodiversity loss to meet global promises and protect the economy.

'Don't agree on everything': leaders divided on nuclear

'Don't agree on everything': leaders divided on nuclear

'Don't agree on everything': leaders divided on nuclear

'Don't agree on everything': leaders divided on nuclear

Queensland is on track for an LNP government but that doesn't mean Peter Dutton would be able to bank on the state's support for building nuclear power plants.

Calls for sweeping review after another mining death

Calls for sweeping review after another mining death

Calls for sweeping review after another mining death

Calls for sweeping review after another mining death

The death of another mine worker in Australia's largest coal-producing state has sparked calls for an industry-wide review of safety practices.

'Out of date': calls for wage boost for junior workers

'Out of date': calls for wage boost for junior workers

'Out of date': calls for wage boost for junior workers

'Out of date': calls for wage boost for junior workers

An influential union official says 18 to 21-year-olds in retail and fast food jobs should be paid the full adult wage, rather than a junior rate.

Generation dread: Aussies unprepared for money shocks

Generation dread: Aussies unprepared for money shocks

Generation dread: Aussies unprepared for money shocks

Generation dread: Aussies unprepared for money shocks

Most Australians are unsatisfied with their finances, with just one quarter equipped to handle unexpected money issues, a survey has found.

Op shop bargains fit the bill for younger Aussies

Op shop bargains fit the bill for younger Aussies

Op shop bargains fit the bill for younger Aussies

Op shop bargains fit the bill for younger Aussies

Age is the most significant factor in determining consumer clothing practices, surpassing gender, income and location according to a first of its kind survey.

Users still frustrated despite falling telco complaints

Users still frustrated despite falling telco complaints

Users still frustrated despite falling telco complaints

Users still frustrated despite falling telco complaints

Telcos still have work to do to improve customer service with delays in fixing problems and service fees among the top complaints, the industry watchdog says.

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High-density issues hurting Australia's housing goal

Unless Australia can significantly lift the pace at which it is building new homes, a nationally-agreed target to solve the housing crisis looks at-risk.

Travellers to fly for less if Qatar lands Virgin deal

More routes more often and increased use of frequent-flyer miles are predicted if Qatar Airways is allowed to take a large slice of Virgin Australia.

Retail trade springs back after warmer weather

A hotter-than-average August and Father's Day sales has led to a spike in retail sales, with more people taking advantage of the outdoors.

$10 billion Indigenous business milestone celebrated

Indigenous businesses have won more than 71,000 commonwealth contracts, representing $10 billion in government spending over the past nine years.

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Gender pay gap in focus of feminised workforce review

The federal government backs a review of wages in sectors with a large female workforce, but argues any pay increases would need to be gradual.

Australian optimism tempered over Chinese stimulus

Australia has welcomed a major Chinese stimulus as its stalling economy has flow-on effects but the treasurer has warned about being overly optimistic.

Bigger budget surplus not 'an end in itself'

Treasurer Jim Chalmers says a better-than-expected $15.8 billion budget surplus doesn't mean cost-of-living measures have been forgotten.

Advice on negative gearing 'not out of the ordinary'

Debate over housing policy prompted Treasury advice on negative gearing, says Jim Chalmers after the PM denied the government had plans to reform the scheme.

Retail sales to show economy continues to sputter along

The Australian economy should show further signs of modest growth in upcoming retail trade figures but investors will be more interested in US jobs data.

Failure to inform about missile blast was irresponsible

The lack of warning from Beijing to its neighbours about the test launch of an intercontinental ballistic missile over the Pacific was "irresponsible".

China stimulus a 'very good development for Australia'

After iron ore prices plunged by more than a third since the start of the year, Chinese stimulus measures spell good news for the Australian budget.

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