Interest rate decision to dominate economic agenda
Mortgage holders are unlikely to get a leg up from the Reserve Bank this week, with markets and analysts predicting the cash rate to remain on hold on Tuesday.
Economy, Business and Finance
Australia’s luck running out despite budget bright spot
Australia's budget deficit for last financial year ended up being narrower than expected but younger workers will still be on the hook for a decade of red ink.
‘Unacceptable’: second triple-zero Optus outage slammed
A second Optus triple-zero outage in as many weeks has raised the ire of a premier as calls mount for the government to empower regulators rather than telcos.
Rate cut run may be over as inflation raises concerns
Hopes for more rate cuts are fading after the Reserve Bank of Australia took a hawkish turn as it held interest rates steady in a widely-expected move.
Aussie researchers look to space to help on earth
Emergency services, agricultural projects and defence operations are expected to benefit from eyes in the sky provided by Australian space innovations.
Lovisa CEO denies misconduct allegations at Smiggle
Billionaire businessman Solomon Lew has made sensational allegations against the fired CEO of his back-to-school chain Smiggle, who is now the boss of Lovisa.
Battle for the bush? Ignore the noise – most farmers like renewables
Farmers worry more and more about changes to the climate. Most quietly support renewables and many benefit directly from the reliable income of solar and wind.
Big bank is cutting 200 teller, personal banking roles
Westpac is cutting 200 customer-facing roles in its network but says it will try to keep as many workers as possible through retraining and redeployment.
Optus chief blames human error for triple-zero disaster
A major Optus outage that left Australians without access to emergency services has been blamed on human error as its embattled CEO fights to keep his position.
Wanted: 100 electric car drivers for energy-saving test
Would you plug your car into the national grid for money off your electricity bill? A growing number of energy providers would like to know.
A-League players sidestep conviction in betting scam
A pair of soccer players who pleaded guilty to deliberately receiving yellow cards for $10,000 have avoided convictions and jail time.
‘Call to arms’: peak body joins coal royalties fight
A resources sector peak body has issued a "call to arms" urging businesses to join the fight against a state government's controversial coal royalties scheme.
Farming export success sows seeds of growth goal reset
A $100 billion target is expected to be met by Australian agriculture, but whether it remains the best goal has been questioned at a farming conference.
Myer’s troubled robotic warehouse costing it dearly
Myer shareholders won't see a final dividend after its full-year profit took a 30 per cent hit, driven by costly issues with a robotic warehouse.
Premier takes a dig at miners in coal royalties rumble
A veiled swipe has been taken at "fairweather friends" by the premier of a state losing hundreds of mining jobs against the backdrop of a fight over royalties.
Nature fixes ‘futile’ if government keeps enabling harm
Ministers agree Australia's "broken" environment system needs fixing but land managers criticise continued funding of damaging projects.
Coal down, solar up: Australia halfway to 2030 target
Growing rooftop solar installations and more large-scale energy projects are pushing Australia closer to its renewable goals, the market operator says.
Economy shrugs off tariff turmoil to outperform peers
Central banks such as the RBA need to be wary of the risks of inflation kicking off again, which could trigger market sell-offs, a global economic body warns.
Bank’s big rate call after ‘ugly’ inflation print
A big four bank has pushed back its forecast for the next Reserve Bank rate cut after Australia's headline inflation rate jumped in August.
‘History repeating’: quit heat dials up on Optus chief
Calls are growing across the political spectrum for the boss of Optus to stand down after his network oversaw a brutal network outage linked to multiple deaths.
Charge up at no charge: EV pilot to test behaviour
A major energy supplier will select 50 households to take part in a vehicle-to-grid technology trial that will charge up vehicles at no cost.
Offshore wind fees slashed to counter global headwinds
Fees to research and build offshore wind farms in Australia will be cut for two years after global uncertainty and the collapse of several local projects.
‘It starts to hurt a lot’: big toll of deaths, manhunt
As the manhunt for an accused killer enters a fourth week, a relief package for businesses impacted by the search will be a drop in the ocean for many.
A-League captain allegedly exploited ties in bet scam
Former Macarthur Bulls soccer players who deliberately picked up yellow cards have pointed the finger at their captain for exploiting their relationship.
Coal ‘crisis’: hundreds of jobs cut, mine mothballed
A mining giant has been labelled "un-Australian" by a state government for cutting hundreds of jobs and mothballing one of its oldest sites.
Approvals turbocharged in bid to tackle housing crisis
Longstanding, complicated planning processes will be swept aside in an effort to build more homes faster in a state that's fighting to keep young families.
Retail shares and miners weigh on Australian shares
Australian shares have more than wiped this week's gains ahead of a key US interest rate decision, with most local sectors trading lower.
‘Wall of liquidity’ may boost shares even further
Pinnacle Investment Management's chief investment strategist says interest rate cuts and strong economic fundamentals are strong tailwinds for equities.
Australian shares close lower as banks and miners drag
September continues to be a challenging month for Australia's share market which is heading towards a third straight week of losses.
ADNOC-led consortium abandons $A28b Santos takeover bid
An Abu Dhabi-led consortium has withdrawn its blockbuster bid to buy Australian gas producer Santos.
Smith accused of supplying cocaine to fellow NRL star
Star NRL player Brandon Smith has been swarmed by media as he faced drug and betting charges for the first time.