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Latest news: Economy

Armaguard rejects deal, Coles resumes cash deliveries

Armaguard rejects deal, Coles resumes cash deliveries

Lindsay Fox's Linfox will pump millions of dollars into Armaguard, after concerns about the currency delivery business prompted Coles to pause cash orders.

Households struggle in face of increasing grocery costs

Households struggle in face of increasing grocery costs

Households struggle in face of increasing grocery costs

Households struggle in face of increasing grocery costs

Australians are feeling the pinch from "sharp increases" in living costs amid rising grocery prices, a national consumer survey shows.

Amazon plans to recruit 'a handful' of small businesses

Amazon plans to recruit 'a handful' of small businesses

Amazon plans to recruit 'a handful' of small businesses

Amazon plans to recruit 'a handful' of small businesses

US retail giant Amazon has revealed plans to expand its delivery network in Sydney, Melbourne and Brisbane using local small businesses.

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Farmland value doubles in a decade but fewer sales

Farmland value doubles in a decade but fewer sales

Australian farmland has more than doubled in price per hectare during the past decade, according to the latest data from ABARES.

Australian Bitcoin buffs say 'bull run' just beginning

Australian Bitcoin buffs say 'bull run' just beginning

Australian cryptocurrency enthusiasts are confident "it's a brand new world" after Bitcoin hit the highest price in its 15-year history.

Some green shoots ahead for agricultural production

Some green shoots ahead for agricultural production

Agricultural production is expected to rebound slightly for 2024/25 following predicted falls of 15 per cent to $80 billion for 2023/24.

Australian broadband to get a speed boost, but slowly

Australian broadband to get a speed boost, but slowly

More than nine million households and businesses could get a significant boost to their broadband connection later in 2024 following fibre upgrades.

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Focus on Australia's role in SE Asia's food security

Focus on Australia's role in SE Asia's food security

Focus on Australia's role in SE Asia's food security

Focus on Australia's role in SE Asia's food security

A parliamentary committee will examine the role Australian agriculture has to play in the Southeast Asian market, and how it can support food security.

'Crisis' as eating disorders cost Australia $67 billion

'Crisis' as eating disorders cost Australia $67 billion

'Crisis' as eating disorders cost Australia $67 billion

'Crisis' as eating disorders cost Australia $67 billion

The Butterfly Foundation is calling on the Australian government to commit to annual funding to combat eating disorders as the cost of them grows.

University student safety watchdog set for 2025 entry

University student safety watchdog set for 2025 entry

University student safety watchdog set for 2025 entry

University student safety watchdog set for 2025 entry

A new student ombudsman who will be able to handle complaints about how universities respond to sexual assault and other issues is slated to start in 2025.

Qld premier announces $570m battery industry strategy

Qld premier announces $570m battery industry strategy

Qld premier announces $570m battery industry strategy

Qld premier announces $570m battery industry strategy

Premier Steven Miles says he is confident Queensland's battery market will excel on the world stage after announcing a $570 million investment.

Treasury eyes 'rare' full employment opportunity

Treasury eyes 'rare' full employment opportunity

Treasury eyes 'rare' full employment opportunity

Treasury eyes 'rare' full employment opportunity

No evidence of a wage price spiral suggests the jobless rate can stay lower than previously thought sustainable, says the top Treasury official.

Future of animals on live export ship still unknown

Future of animals on live export ship still unknown

Future of animals on live export ship still unknown

Future of animals on live export ship still unknown

The fate of about 16,000 livestock being offloaded near Perth is still being decided, a senate hearing has been told.

Economy 'not dying' but firms ready for tough times

Economy 'not dying' but firms ready for tough times

Economy 'not dying' but firms ready for tough times

Economy 'not dying' but firms ready for tough times

The business sector is losing some steam and dipped into below-average conditions for the first time in two years, even as consumers regained some optimism.

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Urgent changes needed to support women in STEM jobs

A new report recommends changes to support more diversity in science, engineering and technology jobs, as the industry fails to embrace change.

Stamp duty costs climb as home buyers struggle to save

Market analysis has revealed the rising cost of stamp duty on property purchases - and its impact on people trying to break into the housing market.

Education revolution urged to boost reading skills

A public policy think tank wants governments to commit to a six-step "reading guarantee" or risk leaving children behind.

Coalition 'cannot be taken seriously' on tax, PM claims

The prime minister says the federal opposition cannot be taken seriously after agreeing to back in stage three tax cut changes following earlier criticism.

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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.

Home lending sinks but a stronger 2024 on the horizon

New home loan activity has dipped after a promising few months but improving economic conditions should pave the way for a better 2024.

Prices ease but insurance and housing are still biting

Consumer price growth is coming off the boil but some key essential goods and services are still painfully elevated.

Inflation rate eases to two-year low in welcome sign

A larger-than-expected slowdown in the inflation rate has all but assured there will be no change in interest rates at the Reserve Bank's meeting next week.

Cost of living soaring across Queensland: Report

Queenslanders are battling to meet a basic standard of living, with Brisbane leading Australia when it comes to rent, energy, insurance and health price hikes.

Changing of the guard at Future Fund puts Combet at top

Former ACTU leader and Labor minister Greg Combet is the new chair of Australia's sovereign wealth fund, replacing Liberal stalwart Peter Costello.

Unions fear unemployment figures are hiding job losses

Though the jobless rate has held steady, thousands of Australians lost their jobs in December with many entering part-time and insecure work.

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