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Latest news: Economy, Business and Finance

Miners demand share of tax relief to dig for net-zero

Miners demand share of tax relief to dig for net-zero

Australia has a treasure trove of critical ores but nickel and lithium producers want tax relief to get it out of the ground and into the world's electric cars.

Mining the past opens future prospects for outback city

Mining the past opens future prospects for outback city

Mining the past opens future prospects for outback city

Mining the past opens future prospects for outback city

The closure of an outback mine that birthed an Australian titan is seen by locals as an opportunity to forge a brighter future for the city and its industry.

Ship with 16,500 animals in limbo amid export decision

Ship with 16,500 animals in limbo amid export decision

Ship with 16,500 animals in limbo amid export decision

Ship with 16,500 animals in limbo amid export decision

A live export ship loaded with sheep and cattle has returned to port, as the federal government decides if the animals will spend another month at sea.

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Perth Mint getting act together but still breaching law

Perth Mint getting act together but still breaching law

A parliamentary committee has been told Perth Mint is getting its act together but continues to breach money laundering and counter-terrorism financing laws.

Home prices climb and rate cuts could fuel more growth

Home prices climb and rate cuts could fuel more growth

The Australian market is stuck between the competing forces of poor affordability and a supply demand mismatch.

Merger inks 'pit to battery' plan for vanadium ore body

Merger inks 'pit to battery' plan for vanadium ore body

The merger of Australian Vanadium and Technology Metals creates the leading ASX-listed developer of the ore used in non-flammable, long-term batteries.

Ex-NT chief Michael Gunner resigns from Fortescue role

Ex-NT chief Michael Gunner resigns from Fortescue role

Former Northern Territory chief minister Michael Gunner has resigned from his job leading the Andrew Forrest-led Fortescue Future Industries.

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Stranded ship with 16,500 sheep, cattle berths in WA

Stranded ship with 16,500 sheep, cattle berths in WA

Stranded ship with 16,500 sheep, cattle berths in WA

Stranded ship with 16,500 sheep, cattle berths in WA

A stranded live export ship carrying about 16,500 animals has docked at Fremantle, where it is expected to be partially offloaded before resuming its journey.

First CEO appointed to national reconstruction fund

First CEO appointed to national reconstruction fund

First CEO appointed to national reconstruction fund

First CEO appointed to national reconstruction fund

Ivan Power has been named chief executive of the $15 billion national reconstruction fund, aimed at boosting manufacturing capability.

Stranded ship with 16,500 sheep, cattle to be unloaded

Stranded ship with 16,500 sheep, cattle to be unloaded

Stranded ship with 16,500 sheep, cattle to be unloaded

Stranded ship with 16,500 sheep, cattle to be unloaded

A stranded live export ship carrying about 16,500 animals will be partially offloaded in Western Australia before resuming its journey to export the livestock.

Powering regions with 'clean, green Aussie-made steel'

Powering regions with 'clean, green Aussie-made steel'

Powering regions with 'clean, green Aussie-made steel'

Powering regions with 'clean, green Aussie-made steel'

Some $200 million to future-proof regional steelworks and keep workers employed in a low-carbon economy has been handed to NSW and South Australian furnaces.

Bill shock to ease as cost of power falls, solar shines

Bill shock to ease as cost of power falls, solar shines

Bill shock to ease as cost of power falls, solar shines

Bill shock to ease as cost of power falls, solar shines

Consumers are set to benefit as the national electricity grid uses less coal and gas-fired electricity and the share of renewable energy hits a record.

Tax changes spark calls for complete system redesign

Tax changes spark calls for complete system redesign

Tax changes spark calls for complete system redesign

Tax changes spark calls for complete system redesign

Half of the nation's high-income earners back Labor's proposed tax changes as analysis shows most of the benefits will still flow to the rich.

Rooftop solar pays its own way as more homes switch on

Rooftop solar pays its own way as more homes switch on

Rooftop solar pays its own way as more homes switch on

Rooftop solar pays its own way as more homes switch on

The Australian solar industry contracted for the first time in 10 years in 2023 as fewer large-scale arrays went online, but rooftop systems continued to shine.

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Camping giant fined for sending 83,000 unwanted texts

A four-wheel drive and camping retailer has been fined more than $300,000 after it spammed customers with thousands of texts even after some had unsubscribed.

Millions added for financial aid groups as demand grows

Australians experiencing financial hardship could be given a lifeline as the government injects millions into economic relief organisations.

Authorities working to unload 16,500 animals from ship

The federal and WA governments are trying to find a quarantine facility to take 16,500 head of sheep and cattle stuck aboard a ship in heatwave conditions.

Rugby's cash-strapped Rebels vow to fight for survival

In voluntary administration, the embattled Melbourne Rebels feel their off-field challenges will galvanise the players as they fight for Super Rugby survival.

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Competition and rivalry found to force lower airfares

A little competition goes a long way in bringing down airfares, based on fresh research from a federal task force.

Shoppers in retreat after Black Friday boost

Australian retail sales plummeted in the final weeks of 2023 with shoppers doing their Christmas shopping a month early when goods go on sale.

Godfreys enters administration, with 54 stores to close

Voluntary administrators expect 171 Godfreys staff in Australia will be made redundant as the company's store count is reduced by more than a third.

Rent rises ease but 'critical need' for supply lingers

Under pressure renters will continue to feel the weight of rent rises, though a report suggests the market could cool in coming months.

Purpose of govt must evolve as voters seek 'wellbeing'

Australians want governments to make individual and community 'wellbeing' the top priority for a decent, sustainable standard of living, polling shows.

HK court orders troubled China Evergrande to liquidate

A Hong Kong court has ordered the world’s most indebted property developer, China Evergrande Group, to liquidate after it failed to reach a debt deal.

Treasurer 'not considering' changes to negative gearing

The treasurer has poured cold water on suggestions Labor will go further with tax reform and target negative gearing after rejigging stage three tax cuts.

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