Super housing scheme could shave years off home wait
Australians raiding their super balances for housing could boost home ownership but may result in a jump in prices, economists say.
Economy, Business and Finance
Fresh week brings cautious rebound as ASX edges higher
Australian shares have edged higher as a new trading week begins, but it could be a bumpy time ahead with ongoing uncertainty over US tariffs and global growth.
Casino giant lays cards on table to save fading Star
Casino operator Star Entertainment is considering a new pathway out of its eye-watering debts, but it will mean handing the keys to a US casino giant.
Space junk and carbon emissions could cut your internet
The number of satellites providing vital services could be cut in the coming years due to rising greenhouse gas emissions and growing space debris.
Star secures lifeline to unload entertainment precinct
Star Entertainment Group will exit its ownership and management of the Queen's Wharf Brisbane integrated resort and hospitality precinct.
Home approvals rise as Australia’s economy turns corner
Promising housing data and a return to growth in real household incomes augur well for the Australian economy in 2025.
Animal welfare probe after live salmon sealed in bins
Footage from an aquaculture farm in southern Tasmania has shown live salmon being sealed in bins amid mass fish deaths in the region.
ASX plumbs new low for the year in third straight fall
Australian shares have continued their downward trajectory as US protectionism escalates global tensions and drives market uncertainty.
Growers move stock higher, bracing for Cyclone Alfred
Growers have been moving their stock and machinery to higher ground to prepare for Cyclone Alfred, as heavy rain floods paddocks and cuts off rural roads.
‘Unprecedented’: thousands of tonnes of dead salmon
Mass fish farm deaths caused by bacteria and warmer waters have resulted in more than 5500 tonnes of salmon being dumped at waste facilities.
Australian shares plummet to six-month low
The Australian share market has fallen to its lowest level since towards the end of 2024 as uncertainty over global trade sends investors ducking for cover.
Cops failed to act above the line with data, phone taps
A scathing ombudsman's review of police surveillance powers found state forces lacking in how they secretly accessed telecommunications data.
New vehicle sales stuck in slow lane, even popular SUVs
Hybrids are among few vehicles to withstand a continuing slowdown in new vehicles sales, with one model racing into the top ten.
Green iron investment could reinforce Aussie economy
Australia could reap the benefits of a market worth up to almost $300 billion, and cut emissions, if it takes the right steps toward a green iron industry.
Most workers feel overwhelmed by AI but bosses want it
Four out of every five Aussie workers are overwhelmed by changes at work but most executives want to use artificial intelligence to create bigger transitions.
Green shoots for economy as Australia snaps dire record
Australia has accelerated out of an economic slump after expanding by 1.3 per cent in 2024, leading to a rise in per capita growth - a proxy for prosperity.
‘Short window’ as property prices rebound on rate cut
Two capital cities are leading the housing market higher as buyers look to get ahead of a wave of demand as interest rates finally fall.
Shop shelves stripped as residents sandbag for cyclone
Operators of a popular boat club nervously watching water lap at its doors are among millions of people frantically preparing for the arrival of a cyclone.
Australian economy to get pulse check, RBA minutes drop
National accounts figures headline a bumper week on the economic front, with RBA minutes, retail trade, housing data and government finances also on show.
Nearing collapse, Star hopes for last-minute bailout
Star Entertainment Group shares have fallen to a three-week low as the casino company said it anticipates receiving a last-minute bailout offer.
Changing mail habits stamp out daily letter deliveries
Australia Post is enjoying kudos after an improved financial result but faces a reform marathon focused on letter deliveries en route to long-term viability.
Australian shares hit eight-week low as slide continues
The ASX200 has finished 1.2 per cent lower to make February its worst month in more than two years after US President Donald Trump's call on tariffs.
Coalition matches Labor pledge to keep beer tax on ice
A promise to pause the draught beer excise for two years under a re-elected Labor government has been followed by a matching pledge from the opposition.
Record high house prices as rate cut buoys sentiment
House prices have rebounded to record highs after the Reserve Bank's rate cut boosted sentiment and improved Australians' borrowing power.
Plug-in hybrid car tax breaks about to hit the skids
Drivers have one month left to claim a tax break on plug-in hybrid electric vehicles, amid calls for Labor to give the fuel-saving cars more support.
Domino’s shares battered as store closures hit profits
Domino's Pizza's Australian boss has promised improved profitability after the fast food chain shuttered hundreds of under-performing stores across its network.
Treasurer to push for tariff exemption in US meeting
As superannuation giants attempt to build ties with US investors in Washington, Treasurer Jim Chalmers will try to secure a tariff deal with his US counterpart.
Woodside CEO laments red tape over gas project approval
After reporting a doubling in profit, the boss of Australia's biggest oil and gas company says she is disappointed at delays in gaining government approvals.
Underlying inflation up but good news on housing, rents
Fresh inflation figures should help convince the Reserve Bank to cut rates again in May, despite a slight uptick in underlying price growth, economists say.
Australia warned not to hit back at US with tariffs
The treasurer has pushed for Australia to be exempt from US tariffs on steel and aluminium imports, with a decision due soon from Donald Trump.
Woolworths profit hit by 17-day warehouse strike
Woolworths Group says its profit was down 20.6 per cent to $739 million in the six months to December 31, in part due to a strike by warehouse workers.