Relief as Reserve Bank hits pause on interest rates
Borrowers will welcome a break from interest rate hikes as Australia's central bank opts to keep the official cash rate steady at 4.1 per cent.
Economy, Business and Finance
PwC sells government arm amid questions over conflict
PwC Australia and Allegro Funds have agreed on terms for the sale of the former's government consultancy business to the private equity firm for a nominal $1.
Fruit and vegetable grower Costa confirms takeover bid
Shareholders of Costa Group could receive a healthy financial boost after the fruit and vegetable grower confirmed it received an unsolicited takeover offer.
No-interest loans to give more drivers their own wheels
More Australians will be offered financial help to secure a car after a no-interest loan scheme received a $500,000 cash injection.
RBA opts for pause as hikes wash through economy
The Reserve Bank has kept interest rates steady with light appearing at the end of the tunnel for mortgage holders in the fight against inflation.
Dozens of families lose out in home-builder’s collapse
A liquidator has revealed dozens of families are in limbo and others have lost thousands after the collapse of Melbourne home-builder Bentley Homes.
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telecommunication service
Telstra signs deal with NBN rival, Elon Musk’s Starlink
Australia's biggest telco will team up with satellite broadband provider Starlink to connect households and businesses in remote locations.
Jobs slashed as miner Aurora enters administration
Liquidators have been appointed to administer struggling miner Aurora Metals' Queensland assets, with the future of 45 employees in the balance.
Bushfire warning as El Nino threat looms large
El Nino conditions will likely make 2024 the world's hottest year on record, leaving Australia in a precarious position for bushfires.
Queensland to scale up affordable housing plans
Seventy-one projects are through to the next stage of assessment under the Queensland government's social and affordable housing commitment.
Families left in limbo as Bentley Homes collapses
Families and tradies have been left in limbo after the collapse of Bentley Homes and must wait until early next week before hearing from liquidators.
Home builder Bentley Homes slides into liquidation
Melbourne-based Bentley Homes has collapsed, citing economic pressures, with the builder abandoning further works.
Australian stocks edge up to end mixed half year
The Australian share market has finished 0.12 per cent higher on the financial year's last day of trading but uncertainty awaits investors.
Family ‘gutted’ by Crown casino thug’s 10-year sentence
Luke Francis' killer will spend at least eight years behind bars for his cowardly attack on the 29-year-old tradie in Melbourne's Crown casino food court.
‘Unjustified’ toll hike fuels cost of living crisis
Transurban will increase road tolls almost 4 per cent, which the transport unions says will burden motorists during the cost of living crisis.
Southern states rely on Qld for winter gas supply
Queensland's excess gas supply will be sent to southern states this winter with the supply outlook for the next two winters described as "finely balanced".
Auditor wants change after Wellcamp quarantine facility
After a year-long investigation, Queensland's auditor-general has delivered his findings on the controversial $223 million quarantine facility at Wellcamp.
Downer wins $4.6b Queensland train contract
Downer will supply Queensland with 65 six-car passenger trains as the state invests in public transport in advance of the 2032 Brisbane Games.
Aust stocks in holding pattern at financial year’s end
The local bourse was flat at noon on the financial year's last day of trading as investors turn their attention to manufacturing data out of China.
Restaurants to feed regional towns as online sites boom
Thousands more hungry Australians in regional towns will be able to access food deliveries as part of a new push in the industry.
Aussie farmers sow seeds for stroll down sesame street
Sesame seed planting trials are taking place at several sites across Australia as industry figures look to boost production of the popular crop.
Gas project loses tax claim over fly-in fly-out costs
A construction company for a Queensland gas project has argued for claiming more than $13 million in tax deductions for the cost of flying in workers.
Watchdog concerned by Transurban EastLink road takeover
The ACCC has raised preliminary competition concerns over Transurban's proposed acquisition of Horizon Roads, the operator of Melbourne's EastLink toll road.
How teachers and tourism could keep mining towns afloat
Mining regions will need support from governments to diversify their economies as the demand for fossil fuels declines, a report shows.
Consumers, communities guide mining on sustainable path
A mining conference has heard values-driven consumers don't want 'dirty' electric cars that use unsustainable minerals in their production.
Ad ban considered to stop next generation of gamblers
The gambling sector faces a staged crackdown on online advertising if the recommendations of a federal parliamentary inquiry into gaming harm are accepted.
Porter Davis creditor talks fail to answer debt queries
Representatives of hundreds of creditors owed millions of dollars by builder Porter Davis have met liquidators for an update on getting their money back.
Rent freezes and rent caps will only worsen, not solve Australia’s rental crisis
Australia used rent controls effectively during the two world wars. However, they have been used in other countries without much success. Using basic economic principles, there is evidence freezes worsen inequality and actually reduce availability.
Flight path fracas over Western Sydney Airport noise
Blue Mountains residents are concerned about plane noise impacting the World Heritage site after flight paths for the Western Sydney airport were released.
Aviation engineer training academy set for take off
Qantas and Aviation Australia will team up to deliver two engineer training academies and increase the number of highly-skilled workers entering the industry.
Qld eyes critical minerals amid coal lobby backlash
The Queensland government has launched a $245 million strategy for critical minerals found in the state's northwest to spur manufacturing of renewables.