Major parties to face pressure on tackling tax reform
Australians facing a cost-of-living crisis want to see tax reform but an independent senator says major parties are unwilling to have the conversation.
Economy, Business and Finance
Magellan names new chairman amid big drop in profit
Andrew Formica will take over as Magellan chairman from Hamish McLennan as the fund manager announced its full-year profit dropped 57 per cent to $174 million.
Call for more electric utes, chargers in regional towns
Australia needs policy changes, more vehicle chargers and a bigger focus on regional areas to catch up to progress in low-emissions transport.
Rinehart’s row with son: ‘throw him under the bus’
Australia's richest person Gina Rinehart has been accused of making threats, intimidation and lying during a bitter family dispute over Lang Hancock's legacy.
Australian shares drop again, dollar takes a tumble
The Australian share market closed down 0.7 per cent to a five-week low, while the local currency had dropped under 64 US cents on a weak jobs report.
Telstra gets mobile and calls in full-year $2.1b profit
Telstra chief executive Vicky Brady says Telstra's T25 strategy is on pace to deliver most of its objectives.
coal
company information
consumers
economy, business and finance
electricity production and distribution
energy
energy and resource
natural gas
Little relief for consumers as Origin posts $1b profit
Origin Energy expects another tough year for cash-strapped customers after posting an FY23 net profit of $1.06 billion as it prepares for a foreign takeover.
Alleged Rinehart plan to boost wealth at kids’ expense
Gina Rinehart allegedly tasked the forerunner to PricewaterhouseCoopers with a "special project" to undo her father's legacy at the expense of her children.
Weakness in economy continues as rate rises bite
With the labour market at a "turning point", a leading index of Australia's economic activity has produced its longest run of negative results in seven years.
Australian shares suffer worst losses in six weeks
The local share market has finished down 1.5 per cent, with the technology, financials and materials sectors suffering even greater losses.
Endeavour Group raises a glass as profit lifts to $529m
The company that owns Dan Murphy's, BWS and more than 300 licensed pubs in Australia has lifted its profit even as consumers grapple with economic pressures.
Transurban names new CEO, ups distribution 41pct
Toll road operator Transurban says current chief financial officer Michelle Jablko will replace Scott Charlton as CEO in October.
Climate experts go cold on platform now known as X
Environment, climate and biodiversity experts are leaving the social media network formerly known as Twitter in huge numbers, a study reveals.
Dad’s letter to Rinehart: ‘please leave me in peace’
Gina Rinehart's father, mining pioneer Lang Hancock, wrote to his daughter in a bid to sever their ties amid a bitter dispute in the years before he died.
Inflation, currency headwinds take toll on CSL’s profit
Australia's third-largest company has reported a three per cent drop in net profit after tax, but CSL says plasma collections hit record levels.
Next day delivery as Aust Post launches metro service
Australia Post will launch next day deliveries across three metropolitan cities to keep up with growing consumer demands.
University launches flying car course, no pilots needed
Self-flying cars are the subject of a new university course, with software engineers encouraged to retrain to join the futuristic transport industry.
Plane bomb threat accused ‘not in right state of mind’
A man whose alleged bomb threats grounded an international flight from Sydney will spend another night in custody after he refused to appear in court.
‘That is progress’: optimism as wages climb again
Workers feeling the pinch amid inflationary pressures may finally be experiencing some relief, with wage growth catching up to a key cost of living measure.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
Tool exposes ‘risky’ assumptions behind climate pledges
Some companies are too reliant on "risky" carbon capture and storage assumptions when claiming they are meeting global climate targets, data shows.
Rinehart backs plan for wealth to return to regions
Mining magnate Gina Rinehart says economic gains from regional communities should be returned to the area from which they were generated.
Data reveals Australia’s surprise electric car hotspots
Beachside suburbs and the nation's capital are among the top locations for electric vehicles, according to analysis released by a peak motoring group.
Consumer sentiment softens as businesses seek lifeline
As business conditions and consumer sentiment soften across the country, operators are looking to credit cards to manage their finances, but there are pitfalls.
JB Hi-Fi full-year profit dials down to $524m
Electronics retailer JB Hi-Fi says sales were up 4.3 per cent to $9.63 billion for the 12 months to June 30, but costs rose even more.
Gina Rinehart defrauded her children, lawyer alleges
Billionaire Gina Rinehart committed fraud with iron ore mining tenements now worth billions of dollars, a lawyer for her two eldest children has told a court.
construction and property
economy, business and finance
environmental issue
global warming
insurance
politics
real estate
Home insurance out of reach as climate disasters surge
The biggest rise in premiums in 20 years has raised concerns households may forego insurance and be even harder hit when the next disaster strikes.
Trade minister optimistic of China wine breakthrough
Don Farrell says China lifting barley tariffs sets a good precedent for the possible lifting of other tariffs on Australian goods such as wine.
Inflation fight not over but RBA’s confidence growing
The chances of bringing inflation down without dealing massive damage to the labour market are improving, says the head of the Reserve Bank.
Realestate.com.au owner sees property market rebounding
REA Group says that the fundamentals of the property market are strong and buyer enquiries and house prices have both returned to growth.
RBA eyes ‘credible’ path to return inflation to target
The task of returning inflation to target is going according to plan, but the head of the Reserve Bank says it could still be thrown off course.
Investor delight as Star casino gets $310m tax break
A decision to delay a tax hike on Sydney's biggest casino to ward off closure has raised questions about NSW's priorities amid a cost-of-living crisis.