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Latest news: Economy, Business and Finance

Economy yet to shake malaise as growth misses forecasts

Economy yet to shake malaise as growth misses forecasts

The Australian economy is growing slowly with government support, with energy rebates effectively transferring household spending to the public purse.

Work on 'safe' nuclear reactors from day one of victory

Work on 'safe' nuclear reactors from day one of victory

Work on 'safe' nuclear reactors from day one of victory

Work on 'safe' nuclear reactors from day one of victory

A warning it will take "decades" to make coal sites safe for nuclear reactors has been dismissed as polling shows staunch opposition from women voters.

KFC franchisee takes hit as costs eat into profit

KFC franchisee takes hit as costs eat into profit

KFC franchisee takes hit as costs eat into profit

KFC franchisee takes hit as costs eat into profit

KFC and Taco Bell franchisee Collins Foods says its underlying profit was down by nearly a quarter in the first half.

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Thirty licences to open a cafe: state red tape ranked

Thirty licences to open a cafe: state red tape ranked

Australian business must work through a patchwork of regulations wherever they operate, but requirements in some states are more onerous than in others.

Milestone for renewable energy to power iron ore port

Milestone for renewable energy to power iron ore port

An energy project combining cyclone-busting solar panels and a big battery has been built in the Pilbara region to decarbonise iron ore port operations.

Consumers need power on shift to net zero emissions

Consumers need power on shift to net zero emissions

Australians broadly support the shift to renewable energy but they don't know where to start when it comes to updating their homes or buying new appliances.

Message deleted: plan to make telcos trash dodgy texts

Message deleted: plan to make telcos trash dodgy texts

Dodgy text messages claiming to be from banks and service providers could become a thing of the past as the federal government expands its crackdown on scams.

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Lifeline for ex-steel workers from green iron exports

Lifeline for ex-steel workers from green iron exports

Lifeline for ex-steel workers from green iron exports

Lifeline for ex-steel workers from green iron exports

Economic modelling suggests a sovereign green iron industry could make more than $100 billion a year and create thousands of jobs for former steel workers.

Hint of consumer recovery to keep RBA focused on prices

Hint of consumer recovery to keep RBA focused on prices

Hint of consumer recovery to keep RBA focused on prices

Hint of consumer recovery to keep RBA focused on prices

Australia's retail sales enjoyed a boost from an early start to Black Friday discounting and recovering bank balances following tax cuts.

Climate damage: $7 trillion hit to standard of living

Climate damage: $7 trillion hit to standard of living

Climate damage: $7 trillion hit to standard of living

Climate damage: $7 trillion hit to standard of living

Living standards will suffer further as extreme weather hits households and businesses, an investor group warns, with insurance already out of reach for some.

Call for super funds to pump gas giants for change

Call for super funds to pump gas giants for change

Call for super funds to pump gas giants for change

Call for super funds to pump gas giants for change

An analysis of the way some of the biggest superannuation funds vote at shareholder meetings suggests they're backing down over the expansion of oil and gas.

Eyes of the energy world on local vanadium battery tech

Eyes of the energy world on local vanadium battery tech

Eyes of the energy world on local vanadium battery tech

Eyes of the energy world on local vanadium battery tech

Australia's vanadium deposits could displace world supplies and solve the challenge of off-grid energy needs as a remote community trials homegrown technology.

Australian economy still limping along, data may show

Australian economy still limping along, data may show

Australian economy still limping along, data may show

Australian economy still limping along, data may show

New data is expected to show the national economy continues to be sluggish, in line with Treasurer Jim Chalmers' warning in parliament last month.

Virgin gets first clearance to take flight with Qatar

Virgin gets first clearance to take flight with Qatar

Virgin gets first clearance to take flight with Qatar

Virgin gets first clearance to take flight with Qatar

Virgin and Qatar airlines can begin planning new flights between Australia and Doha together, with a final decision on their partnership due within months.

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Price-conscious Aussies spend up on record Black Friday

The cost-of-living crisis is driving more and more people towards sales, delivering retailers a bonanza on the increasingly popular Black Friday.

Rental housing supply boost promised under tax tweaks

As many as 80,000 rental properties are expected to be constructed over ten years now that build-to-rent tax changes have come into force.

Reserve Bank dual boards finally get green light

Long-stalled Reserve Bank reforms have finally got the go-ahead, allowing the formation of separate monetary policy and governance boards.

Top bank chief reveals why rates are still on hold

Australia's top central banker reveals why she still hasn't pulled the trigger on interest rate cuts despite similar countries already taking action.

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More to come for climate: 'immense strain' on taxpayers

Cutting greenhouse gas emissions is an urgent priority and investing in renewable energy is the best way to do it, the nation's climate tsar says.

Casino operator counts the cost of going cashless

The leaders charged with turning around the fortunes of troubled casino operator Star have given shareholders a frank assessment of the difficulties ahead.

Webjet sued for misleading buyers on prices, bookings

Webjet no longer advertises minimum flight prices without compulsory booking fees after the consumer watchdog dragged it to court over the practice.

'Better deal' for suppliers as supermarkets face fines

Supermarkets face fines of up to $10 million if caught breaching a grocery code of conduct that will become mandatory.

Christmas rate cut hopes slayed as inflation holds firm

Energy rebates have lowered Australia's headline inflation rate, but the Reserve Bank remains focused on underlying price pressures.

Fresh hope for those wanting to buy own home sweet home

Australians locked out of the housing market will soon have a viable option to buy their own piece of paradise with a significantly smaller deposit.

Harvey Norman fears Bleak Friday despite sales increase

Harvey Norman says Australian same-store sales were up 3.1 per cent in the four months to October 31, as the retailer headed into a crucial sales period.

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