Petrol prices fall as job market tightens
Petrol prices are dropping below $2 while new job advertising figures suggest the unemployment rate could be in the low-threes by the end of this year.
Petrol prices are dropping below $2 while new job advertising figures suggest the unemployment rate could be in the low-threes by the end of this year.
Australia has signed a long-awaited free trade deal with India after years of negotiation, delivering benefits for exporters and importers.
The plan to build one of the world's biggest prawn farms at an outback Northern Territory cattle station has been put on hold over cost concerns.
A Senate estimates hearing has been told higher global oil prices and supply-chain pressures are contributing to growing inflation.
April Fools' Day has been no laughing matter on the Australian share market as inflation concerns hamper momentum.
The Reserve Bank of Australia has its first female deputy governor in its 62-year history, Michele Bullock, who replaces the retiring Guy Debelle.
Home values were up 0.7 per cent in March, with Sydney and Melbourne declining and smaller cities punching above their weight.
The head of Star Entertainment's financial crime unit has continued his evidence at an inquiry into whether The Star is fit to retain its Sydney casino licence.
Queensland's Department of Resources has fined coal seam gas producer Arrow Energy $1 million following concerns raised by landholders in the state's south.
New domestic airline Bonza is offering 200 jobs to pilots and cabin crew who have seen their industry downsized dramatically during the pandemic.
The unemployment rate could fall below 4 per cent sooner than forecast in this week's federal budget with the number of job vacancies growing in recent months.
The Greens say they will bring back a price on carbon if they are placed in the balance of power after the federal election expected in May.
Queensland farmers have slammed the major parties for not backing a crossbench bill to wind back Barrier Reef runoff rules, which they claim are not scientific.
Global credit rating agencies have given a nod of approval to the federal budget, but economists see pre-election handouts further fuelling inflation.
The prime minister says the budget is about more than getting re-elected after Treasurer Josh Frydenberg unveiled a number of short-term sweeteners.
Between the GST carve-up and specific purpose payments, the states and territories will share in more than $166 billion in federal funding over the year.
The first Singapore Airlines passenger flight into the Top End for more than two decades is set to land in Darwin as tourists begin returning to Australia.
Treasurer Josh Frydenberg has banked some of the windfall from strong economic growth, low unemployment and a spike in commodity prices.
Australians will get one-off cash handouts and tax breaks and pay less for fuel under new budget measures, but a lack of permanent relief has been criticised.
The federal budget will forecast the unemployment rate falling to 3.75 per cent later this year, well below what was expected just a few months ago.
Queensland's treasurer says flood-proofing the state needs to be an urgent priority in Tuesday's federal budget ahead of long-term infrastructure projects.
The NSW government has received an "overwhelming level" of interest in proposals to turn two coal mining regions into production hubs for renewable hydrogen.
Tuesday night's federal budget is expected to include a cut to the fuel excise as well as assistance for more first home buyers.
Treasurer Josh Frydenberg says Tuesday's budget will show a significant improvement in the bottom line as a result of a strong economy.
A fourth Japanese encephalitis case has been recorded in Queensland, with the new patient believed to be in northern Brisbane.
Australia's busiest highways along the east coast will be linked by a hydrogen highway aimed at decarbonising fuel-guzzling trucks.
Senate hopeful Clive Palmer says his United Australia Party will freeze the fuel excise as the billionaire attempts to pivot to cost-of-living pressure.
Crown will retain its West Australian casino licence but will face independent monitoring after a royal commission found it was an unsuitable operator.
Regional employers are struggling to fill vacancies because there is nowhere for new employees to live, Queensland's chambers of commerce say.
More than $260 million has been set aside in the budget for mental health services for young Australians, as the government seeks to highlight health care.
Economists expect Treasurer Josh Frydenberg's fourth budget will show a much-improved bottom line in an economy that is running red hot.