Australia could become ‘superpower’ in electric cars
Australia has the potential to become a 'global superpower' in the electric car industry and could make vehicles again, an event has heard.
Economy, Business and Finance
A ‘crazy week’ that was worst for ASX since September
The ASX has finished higher for the day but dropped more than two per cent for the week after suffering its longest streak of weekly losses since the GFC.
More economists predicting RBA will pause rate hikes
Westpac, St. George, HSBC, JP Morgan and AMP now expect the Reserve Bank won't raise rates in April - but ANZ and CBA still forecast a rate hike.
Giant Leap for climate tech despite economic slowdown
Climate technology is surviving the venture capital downturn as more consumers and businesses think about what will shrink their carbon footprint.
Australia plans to buy 220 cruise missiles from America
The Pentagon has approved the sale of 220 cruise missiles to Australia, which can be fired from nuclear submarines being acquired under a separate agreement.
Fears budget won’t do enough to ease power price spike
A key welfare group is urging the government to reduce cost of living pressures in its upcoming budget with Australians again bracing for energy bill spikes.
Train making off the rails, but plan to get on track
As the federal government develops a national railway plan, a report has found $1.85 billion has been wasted due to state-only train manufacturing policies.
Former minister Johnson remembered in Qld parliament
Queensland politician Vaughan Johnson, who served in parliament for 26 years, has been remembered as a champion of the west after his recent death.
economy, business and finance
electricity production and distribution
energy (general)
energy and resource
energy saving
politics (general)
renewable energy
Rooftop solar feed-in charges ‘unlikely’ in Qld
Queensland's energy minister has hosed down concerns about a "sun tax" on homeowners for feeding solar power back to the grid, as has been proposed in NSW.
Aust share market plunges again, closing at 10-week low
The ASX has finished 1.5 per cent lower after banking contagion spread to Europe.
‘Productivity problem’ putting living standards at risk
Treasurer Jim Chalmers says Australia is slipping down global productivity rankings - and there's no easy fix for the problem.
Finance firm gives cyber hackers too much Latitude
Latitude Financial has been hit by a cyber attack, with criminals stealing 330,000 customer records and identification documents, forcing a trading halt.
Risk to winter supply as gas crisis enters second year
The energy market operator has warned of risks to gas supply this winter but is armed with new powers over producers as the energy crisis enters a second year.
PM feels no shame over ‘significant’ power price rises
The prime minister says energy price hikes would have been higher were it not for market intervention, while denying the rises were embarrassing his government.
Australian share market rebounds after 3 days of losses
The local share market had its best day in two months, rising 0.9 per cent following three days of losses amid fears about the stability of US banks.
Australian share market rises after 3 days of losses
The local share market was up by 0.3 per cent at midday following an overnight rally on Wall Street fuelled by signs of easing US inflationary pressures.
Calls to protect payments following builder collapse
Advocates have called for federal reforms to protect worker payments following the collapse of prominent construction companies.
economy, business and finance
energy and resource
environmental issue
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
Call for Woodside directors’ heads over climate change
Woodside Energy's board is failing shareholders on climate change and three directors up for re-election should pay the price, activist shareholders say.
Premier’s kids’ kitty open to children born interstate
Dominic Perrottet believes his new kids' future fund is great policy, but questions linger over who is eligible and whether it will instead increase inequality.
Ferry operator hit with $75k fine over polo pony deaths
The Spirit of Tasmania ferry operator and polo identity Andrew Williams have been fined a total of $90,000 over the deaths of 16 horses.
Demand for urgent change to GST ‘atrocity’ rebuffed
Federal Treasurer Jim Chalmers has rejected a call from his Victorian counterpart to urgently reassess the GST system amid claims it favours Western Australia.
Smoking laws to be tightened as vaping probe begins
Queensland has proposed anti-smoking laws to crack down on businesses supplying illicit tobacco products and to stop people puffing near children.
‘Pure panic’ as Australian market in the red for 2023
The local share market finished down 1.4 per cent, although the ASX200 managed to close just slightly above the key 7,000 level.
Australian stocks drop after two US banks collapse
The Australian Securities Exchange has closed down 0.5 per cent following the weekend collapse of US banks Silicon Valley and Signature.
More pain to come for mortgage holders, say economists
Despite a softening of language from the RBA, economists are tipping another rate rise when the central bank next meets.
‘Cold comfort’ for households with energy prices rising
Electricity prices will be considerably lower than originally predicted but the energy minister says this is cold comfort for households battling rising costs.
Silicon Valley Bank collapse left ASX firms scrambling
Several ASX-listed tech firms had what one called "a difficult few days" after the collapse of a US bank left their funds in limbo.
Aust stocks lower at midday amid US bank collapse
The Australian Securities Exchange was down 0.6 per cent at noon following the weekend collapse of a major US financial institution, Silicon Valley Bank.
Traditional custodians vow to keep fighting mine
Despite the company formerly known as Adani mining on their homelands, Wangan and Jagalingou men Adrian Burragubba and Coedie McAvoy want to protect country.
Households carry rate pain as businesses flourish
The disconnect between households worried about wages and mortgage repayments and businesses, which appear to be doing just fine, hasn't gone unnoticed.
Australian stocks suffer worst drop since September
The local share market has finished down 2.3 per cent, its worst drop in five months, sending the benchmark index to an eight-week low.