Gas shortage predicted amid dwindling coal
The Australian Competition and Consumer Commission has forecast a gas shortfall in the east coast market next year if excess supply is exported.
Economy, Business and Finance
Company-owned Qld town worried over future
There is a push to make Weipa, one of Australia's few remaining privately owned towns, a regular local government.
Truckers rally in Canberra in reform push
Hundreds of trucks have rolled into the nation's capital in a call for improved safety for drivers and industry reform after dozens of deaths in recent months.
Price hikes drive record energy switch
More Australians opted to switch energy providers in June than ever before as soaring power price rises take a toll on household bills.
Meteor showers triple treat for stargazers
Three meteor showers will light up the Australian night sky with the moon's phase to assist stargazers in catching a glimpse of the astronomic spectacle.
Two tradies wooed by $2m Qld govt program
The Queensland government has spent $1.9 million on an incentive program to woo interstate tradespeople, of which only two people have taken part.
Households warned food costs still rising
Australian Food and Grocery Council CEO Tanya Barden has urged the federal government to focus on supporting people with low incomes in the months ahead.
Retail sales momentum slowed in June
Retail turnover rose 0.2 per cent in June, its sixth straight monthly rise but the smallest increase so far this year.
Treasurer reveals inflation to hit 7.75pct
Inflation is expected to peak at 7.75 per cent at the end of this year, before moderating into 2023, Federal Treasurer Jim Chalmers says.
House prices drop, while units hold value
Domain says house prices in Australia's capital cities fell 0.9 per cent in the June quarter, while apartment prices were basically flat.
Climate for ‘great reallocation’: Deloitte
Without a 'great reallocation' of investment by governments and industry, starting now, Australia could be at risk of hefty economic losses by 2050.
Train strike on day of Games marathon
A UK-wide train strike is planned for Saturday, coinciding with the Commonwealth Games marathon to be run through the streets of Birmingham.
Keep faith in my government: Perrottet
NSW Premier Dominic Perrottet says he's the best leader to steer the state into the next election despite political scandals dogging his tenure.
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waste management and pollution control
Emissions shift may reduce taxpayer burden
An array of mechanisms are in play to cut emissions, with new laws simply setting a framework for detailed climate response tools that are yet to be argued out.
Telstra inks five-year deal with Microsoft
Australia's Telstra has landed one of the largest partnerships technology giant Microsoft has established with a telecommunications provider globally.
Miners gain, but ASX again flat at noon
The Australian share market is once again little changed at midday ahead of a US Federal Reserve meeting and key Australian inflation data.
Consumer confidence weak ahead of CPI
Consumer confidence could go backwards this week if new data confirms Australia has recorded the highest annual inflation rate in more than 31 years.
ASX flat ahead of inflation data, Fed hike
The local bourse has finished flat ahead of Australian inflation data and a pending hike in interest rates by the US Federal Reserve.
Australia facing an ‘avo-lanche’
A bumper avocado crop has meant an oversupply of avocados and record low prices, while production will soar for the next five years according to a new report.
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Victoria is best-performing state: CommSec
Victoria has earned top spot on CommSec's quarterly State of the States report for the first time since its COVID lockdowns but Queensland is coming on strong.
Labor demolishing building watchdog powers
Workplace Relations Minister Tony Burke will decrease the powers of the building industry watchdog before the federal government moves to scrap it completely.
NSW premier wants Warragamba Dam raised
NSW Premier Dominic Perrottet has praised a world-leading flood mitigation system just outside of Tokyo, but says it wouldn't work in Sydney.
Japan bullet train a ‘dream’: NSW Premier
NSW Premier Dominic Perrottet boarded the bullet train from Tokyo to Hiroshima during his Asia trade mission, as travel troubles continue to bubble at home.
Govt foot and mouth response ‘flat-footed’
The federal opposition has again criticised the government's response to the threat of foot and mouth disease entering Australia after an outbreak in Indonesia.
New measures to stop foot and mouth spread
Biosecurity officers could be given extra powers to screen air passengers, with the federal government working to keep foot and mouth disease out of Australia.
Vic demands urgent plan amid gas shortage
Energy Minister Lily D'Ambrosio has called on AEMO to ensure minimal storage levels are maintained at national gas facilities amid a looming crisis.
ASX rallies 1.7pct on strong US earnings
The local share market has gained 1.65 per cent to close at a three-week high, as several US companies beating earnings expectations lifted global sentiment.
Energy regulator triggers supply guarantee
Australia's energy regulator has triggered a gas supply guarantee as Victoria faces a gas shortage.
Chalmers announces review of Reserve Bank
Treasurer Jim Chalmers has flagged changes to the RBA's board with a new review to look at the expertise of its nine members, as one had his term extended.
Chalmers takes aim at petrol price gouging
The Australian Energy Market Operator has triggered the gas supply guarantee diverting gas from Queensland to NSW after shortages in Victoria.
Pfizer’s $125m offer for ResApp nears vote
Shareholders in a tiny ASX-listed Brisbane medical technology company will vote next month on a $125 million takeover offer from pharmaceutical giant Pfizer.