‘Welcome progress’ on inflation to come: Treasurer
Jim Chalmers says while inflation levels are set to drop when figures are released on Wednesday, it remains unclear if it will get back to RBA targets.
Economy, Business and Finance
Shareholders test Coles, Woolies over extinction threat
Australia's supermarket duopoly is facing a double-barrelled shareholder challenge over fish farming threats to an ancient, imperilled species.
Warning of ‘unintended consequences’ on gambling reform
As reports emerged about how a gambling ad crackdown may work, Communications Minister Michelle Rowland says the reforms need to be right the first time.
Reserve Bank to hold the line despite US Fed cut
The Reserve Bank is unlikely to give interest rate relief to borrowers at the September meeting as Australia's inflation rate still has fight left in it.
War of words over inflation as national debt dives
Australia lags behind western nations in tackling inflation, the shadow treasurer says, as the Reserve Bank mulls whether to lower interest rates.
Labor, expert lash ‘crazy’ call to step in over rates
Calls for Canberra to intervene with the Reserve Bank to lower interest rates to get financial reforms over the line have been rejected by Labor.
Don’t put money on rates relief soon, borrowers warned
Mortgage-holders should not get their hopes up for near-term relief, says a hawkish Reserve Bank governor as the cash rate was again held at 4.35 per cent.
‘Get your act together’: PM calls out supermarkets
Coles and Woolworths have been told to start acting in the interests of Australians after the consumer watchdog accused them of misleading customers.
Nukes flayed as solar boost seized to spruik renewables
An increase in renewable energy capacity is being seized as evidence solar power is Australia's right way forward as the debate over nuclear plants heats up.
Google reveals plans to add AI to Aussie search results
Google's generative AI tool will explain search results in Australia as part of a technology trial but experts warn to watch for serious or funny mistakes.
Notorious crash highway Qld’s most despised road
Queensland's major arterial Bruce Highway, that's been the subject of much political debate, has been ranked as the Sunshine State's most hated road.
Australia-China ministers meet amid rocky trade impasse
Foreign Minister Penny Wong and Chinese counterpart Wang Yi have met to discuss remaining trade impediments and security concerns straining the relationship.
National safety rules needed to curb e-bike fire risks
Electric scooters, bicycles and skateboards should be inspected and some removed from online platforms following dangers identified in a NSW inquiry.
Healthy jobs numbers to keep RBA on the sidelines
Australia's economy may be limping along but jobs are still going, although mostly part-time gigs and predominantly roles in the public sector.
US central bank cuts rates by half a percentage point
The US central bank has announced its first interest rate cut in more than four years, lowering rates by 50 basis points.
Tesla charges through Aussie electric vehicle milestone
Tesla has unveiled its 100th electric vehicle charging location in Australia, alongside a commitment to make 'range anxiety' a thing of the past.
Coles rejects bid to help avoid ancient fish extinction
Coles shareholders have been told the supermarket giant won't support their efforts to protect an ancient, imperilled species from the effects of fish farming.
Aussie shares climb to set new intraday record high
The ASX200 climbed a few points above its intraday record high set on August 1, a day after setting a new record closing high.
‘Full steam ahead’: Aussie shares close at record high
The ASX200 rose 0.3 per cent to close at its highest level before expected interest rate cuts by the US Federal Reserve.
Andrew O’Keefe charged with drug possession
Former television host Andrew O'Keefe has been charged following his arrest at a police station in Sydney's eastern suburbs.
Let’s do business: PM reform plea to corporate leaders
As the prime minister comes under fire from a peak corporate sector lobby, he says business and government need to work together for crucial reforms.
Star facing licence cancellation after scathing report
The Star Casino has been given 14 days to explain why it shouldn't face disciplinary action after a scandalous report found it wasn't fit to hold a licence.
Outgoing Virgin CEO plays down Qatar stake speculation
Virgin Australia CEO Jayne Hrdlicka has played down reports Qatar Airways is seeking to acquire a 20 per cent stake in the nation's second-biggest airline.
Scientific probe into controversial gas projects
Gas exploration in the Beetaloo Basin in the Northern Territory will be assessed by an independent group of scientists, amid concerns over any impact to water.
Beef-loving US can’t get enough true blue red meat
Beef exports to the United States have taken off and South Australia is leading the way, with almost $200 million worth sold to the American market this year.
‘Undisciplined’ spending in opposition’s sights
Several industry-shaping programs could be axed were the coalition to win the election, with Labor questioning its commitment to essential services.
50 cent fares to stay in Qld – at least for four years
Both major parties in Queensland have ramped up their bid for votes by promising to keep 50 cent fares during the next term of government.
Fresh calls for ad ban as gambling losses climb
Australians have the highest gambling losses in the world and those numbers are tracking higher, adding fuel to the argument to ban all ads.
Australian energy industry report slams Greens gas plan
A report commissioned by Australia's oil and gas industry says blackouts would hit millions of homes under a Greens gas investment plan.
Farming fuels NSW land clearing crisis: data
NSW cleared an area more than 160 times the size of Sydney's CBD in a single year, new government figures show.
Westpac names business and wealth head as next CEO
Westpac says Anthony Miller will succeed Peter King who is retiring as chief executive officer and managing director after three decades with the bank.