Millions of illegal cigarettes, vapes seized in raids
A man faces dozens of charges after a money laundering and illegal tobacco operation netted millions of cigarettes and vapes in raids in southeast Queensland.
Economy, Business and Finance
Tesla upgrades its cheapest electric car in Australia
A bonus touchscreen, better lighting and new shape: Tesla has unveiled upgrades for its Model 3 vehicle in a move that could drive more electric sales.
Watchdog seeks record fine for Qantas cancelled flights
The head of the consumer watchdog wants Qantas to face a fine of $250 million if a cancelled tickets case against it is successful.
Pharmacists shelve medicines campaign as talks begin
The federal government has entered into talks with the peak body representing pharmacies as its 60-day medicine dispensing policy kicks off.
Transport tsar reveals Minns friendship, Labor links
The NSW transport secretary has denied there is any conspiracy behind his appointment and declared Chris Minns a friend, which the premier later downplayed.
Big loss renews Australia Post’s open letter for reform
Australia Post has renewed a plea to update its charter after the government-owned enterprise lost $384 million delivering letters in the past financial year.
Snowy Hydro confirms project’s six-fold cost blowout
Snowy Hydro says its Snowy 2.0 project will now cost $12 billion, six times more than was originally forecast for the energy scheme.
Sales down at Harvey Norman as cost of living bites
Harvey Norman is confident its strong balance sheet can see it through a consumer slowdown, even as falling sales cause profits at the retailer to tumble.
air transport
breaking_news
consumer issue - macro economics
consumers
economy, business and finance
politics
Qantas jettisons flight credit deadlines, faces new row
Qantas has scrapped the expiration date for nearly $500 million in flight credits but faces more public backlash with a watchdog taking the airline to court.
Toyota to test electric ute, delays first electric car
Toyota's first electric car will not arrive in Australia until next year but the popular brand says it is working on other green vehicles.
Government concedes climate change may impact bonds
The Australian government has agreed to a proposed settlement, conceding climate change may affect the value of its bonds, to end an investor class action.
Refunds after holidaymakers overcharged for electricity
Holidaymakers will be refunded more than $30,000 after a company admitted overcharging them for electricity at a complex on the Sunshine Coast.
Tesla reveals plans to ‘Supercharge’ Australian EV use
Australia's leading electric vehicle brand will open almost half of its charging network to vehicles from other brands in a bid to boost the market.
Flight Centre profit takes off as prices lose altitude
Alongside its first positive earnings result since 2019, Flight Centre predicted airfares to moderate and urged the government to allow greater competition.
Aust stocks rise for second day in relief rally
The local share market has closed 0.7 per cent higher, with Wesfarmers climbing its farthest since February 2022.
Aust stocks rise for second day after US relief rally
The local share market was on track for its second day of gains at midday, with Wesfarmers hitting its highest level since February 2022.
Casino operator Star posts $2.4b loss despite tax boost
Embattled gambling company Star Entertainment Group has recorded a $2.44 billion full-year loss after it was hit by regulatory and legal action.
Confidence edges higher but consumers remain wary
A pause on interest rate hikes has failed to substantially lift consumer spirits with a key index remaining below levels seen during COVID-19 lockdowns.
Senate push to force minister’s hand on flight decision
The government will face a push to reveal documents pertaining to the decision to block Qatar Airways from flying extra routes after being lobbied by Qantas.
Qantas boss defends profit as senators press on prices
Qantas chief Alan Joyce acknowledges Australians are doing it tough as he defends the airline's billion-dollar profit and suggests cheaper tickets solutions.
Industry cost pressures ‘subdue’ demand for mining tech
Imdex says while short-term conditions are subdued the tech firm continues positioning for stronger battery minerals demand requiring miners to dig deeper.
Ampol reveals plans to build hydrogen service stations
The company behind Australia's largest network of service stations has partnered with a US firm to offer hydrogen refuelling facilities.
Matildas mania nets retail goals after scoreless sales
The Women's World Cup has boosted spending on catering and takeaway food following a flat end-of-year sales period for retailers.
Latest Fortescue CEO backs ‘crazy vision’, dividend cut
Fortescue Metals Group has booked a lower full-year profit after a writedown, slashed the final dividend and shocked investors with another new CEO.
Writedown cuts Fortescue profit, ex-CSIRO boss on board
Fortescue Metals Group has booked a lower full-year profit after a writedown, appointed a new CEO and added former CSIRO head Larry Marshall to the board.
Matildas mania kicks retail goals after flat EOFY sales
The Women's World Cup has boosted sales along with a jump in spending on catering and takeaway food following a flat end-of-year sales period for retailers.
Tax on the frontline as calls grow for bolder reform
Independent MP Allegra Spender has promised to keep tax reform front and centre of the national debate, accusing the major parties of playing politics.
Wealth of data to shed light on Australian economy
A speech by the incoming Reserve Bank boss and a wealth of data will provide rich insight into the state of the Australian economy.
China, interest rate hikes putting handbrake on economy
Treasurer Jim Chalmers says headwinds in the Chinese economy are impacting Australia's economic growth.
Virgin slams govt for rejecting extra Qatar flights
Virgin Australia's chief executive has spoken out against the federal government after it rejected Qatar Airways' bid for more flights to Australia.
More varroa mite hive infestations found in NSW
New infestations of varroa mite in the Riverina and Sunraysia regions of NSW have prompted an emergency order barring beehive movements in the affected zones.