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Latest news: Finance

Aussie market claws back ground after Wall St plunge

Aussie market claws back ground after Wall St plunge

The Australian share market has resumed its downward trend, after dropping sharply in early trading and recovering a little in the wake of a US market sell-off.

Australian shares edge higher as steel tariffs loom

Australian shares edge higher as steel tariffs loom

Australian shares edge higher as steel tariffs loom

Australian shares edge higher as steel tariffs loom

Australian shares have gained ground as a new trading week begins but it could be a bumpy time ahead with ongoing uncertainty over US tariffs and global growth.

Australian shares plummet to six-month low

Australian shares plummet to six-month low

Australian shares plummet to six-month low

Australian shares plummet to six-month low

The Australian share market has fallen to its lowest level since towards the end of 2024 as uncertainty over global trade sends investors ducking for cover.

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Shares slip as US tariffs take hold, trade war looms

Shares slip as US tariffs take hold, trade war looms

The Australian share market has closed lower as US tariffs on its biggest trading partners and plans to cut military aid to Ukraine generate uncertainty.

'Game-changing' anti-scam laws to protect consumers

'Game-changing' anti-scam laws to protect consumers

Scam victims will have clearer paths to compensation if businesses do not shore up their defences after scam prevention measures were enshrined in law.

'Human error': energy giant fined $1.6m for DV breaches

'Human error': energy giant fined $1.6m for DV breaches

One of the Australia's largest energy retailers has apologised after racking up $1.6 million in fines for their treatment of family violence-affected customers.

Rivers' stores to close after no buyer found

Rivers' stores to close after no buyer found

Iconic clothing and footwear brand Rivers will close its doors after more than 40 years, after failing to find a buyer.

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Casino hub could be first to go to save falling Star

Casino hub could be first to go to save falling Star

Casino hub could be first to go to save falling Star

Casino hub could be first to go to save falling Star

A casino precinct might be the first asset sold from an embattled operator's multi-million dollar portfolio in a bid to avoid going belly up.

Subscription trap warning for new year health goals

Subscription trap warning for new year health goals

Subscription trap warning for new year health goals

Subscription trap warning for new year health goals

New year health and wellness regimes could come at a cost to your hip pocket if you fall victim to subscription traps and other unfair trading practices.

Sky-high $120m compensation bill for Qantas workers

Sky-high $120m compensation bill for Qantas workers

Sky-high $120m compensation bill for Qantas workers

Sky-high $120m compensation bill for Qantas workers

Qantas has struck a deal to compensate more than 1800 workers to the tune of $120 million after the Federal Court found they were illegally sacked.

'Kick in the guts': bank slammed for $3 withdrawal fee

'Kick in the guts': bank slammed for $3 withdrawal fee

'Kick in the guts': bank slammed for $3 withdrawal fee

'Kick in the guts': bank slammed for $3 withdrawal fee

One of the big four banks has come under fire for changes to one of its everyday accounts which means some customers are slugged $3 when they withdraw cash.

NAB sued for failing customers in financial hardship

NAB sued for failing customers in financial hardship

NAB sued for failing customers in financial hardship

NAB sued for failing customers in financial hardship

Customers facing issues such as domestic violence and serious medical conditions were let down by NAB in their requests for support, a lawsuit alleges.

Pacific expresses interest in Cook Islands' super deal

Pacific expresses interest in Cook Islands' super deal

Pacific expresses interest in Cook Islands' super deal

Pacific expresses interest in Cook Islands' super deal

A deal will allow Cook Islanders permanently migrating home from Australia to take their nest egg with them, plugging a gap in a pact with New Zealand.

Lag in response to tackle methane emissions, UN says

Lag in response to tackle methane emissions, UN says

Lag in response to tackle methane emissions, UN says

Lag in response to tackle methane emissions, UN says

The UN says only about one per cent of the 1200 methane leak alerts issued to governments and companies have garnered a "substantive response".

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Australian finance to spark Indo-Pacific climate action

Cheap finance for climate projects is on offer from Australia for small businesses across the Pacific, Southeast Asia and South Asia.

Geopolitics overshadow COP29 talks on climate cash

Tension are rising between developed and developing nations as the world's climate negotiators grapple with a $A2 trillion fundraising target by 2035.

Climate talks urged to find trillions for poor nations

Experts have warned the world's climate negotiators that at least $1.5 trillion a year will be needed in climate cash for developing nations.

NAB boss flags trade war risk as annual profit dips

National Australia Bank boss Andrew Irvine is worried about the risk of a trade war between the US and China, and its implications for the Australian economy.

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New pizza boss tasked with bringing in more dough

A former pizza delivery driver who grew Domino's into a billion-dollar multinational company with the lot is leaving after more than two decades at the helm.

Fish furore: Woolies refuses to phase out farmed salmon

Woolworths shareholders have questioned the company's board over its pricing practices and use of farmed salmon which threatens the existence of a rare fish.

Woolworths profits down as cost of living hits shoppers

Profits at Australia's biggest supermarket giant have taken a hit as cash-strapped shoppers search the aisles for cheaper options and Woolworths shares slump.

It's not you: banking outages are taking longer to fix

Digital payment services are under increasing pressure as Aussies ditch cash and they are mostly rising to the task, a Reserve Bank report has found.

Qantas fined for selling seats on cancelled flights

A Federal Court judge has approved a $100 million fine, agreed by the consumer watchdog and Qantas, after the airline sold seats on already cancelled flights.

Mixed fruit: SPC to merge with Original Juice Company

Three Australian food companies are joining forces in a merger expected to deliver more than $400 million in revenue this financial year.

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.

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