Australian shares nudge record before edging lower
Gold and Bitcoin have reset their record highs and Australia's share market could do the same this week as investors position for a bullish fourth quarter.
Economy, Business and Finance
Libs nuclear bond solidifies as leader stamps authority
The opposition leader has issued a directive to her front bench to respect their colleagues' portfolios as she pushes her team to be more proactive on policy.
Overheated share markets may risk financial meltdown
Australia's central bank warns overpriced stock markets, cyber threats and weakness in China threatens the nation's financial stability.
How AI will be used to help neighbours find lost dogs
Internet-connected doorbell cameras will be loaded with artificial intelligence software and used to identify lost pets, with the owners' permission.
breaking_news
economy, business and finance
inflation and deflation
money and monetary policy
people - social issue
retail
tobacco
Spending rebound staggers as Aussies kick booze, smokes
Strong growth in household spending earlier this year is unlikely to be matched, which could ease Reserve Bank fears of a return of inflation pressures.
Construction ‘thugs’ on notice at powerful union probe
A stark warning has been issued to militant union officials, labelled "thugs" as a powerful probe into the construction sector gets under way.
business (general)
economy, business and finance
international relations
mining
politics
trade dispute
BHP cops $5b value hit on talk of China trade blockade
Reports China is halting iron ore shipments from BHP have weighed on the world's biggest miner, but experts say any stoush over prices should be short-lived.
Life-changing or dark day: jury out on deposit scheme
An expanded government scheme to help first-home buyers clear the deposit hurdle could pour more fuel on the red-hot property market, housing experts warn.
Judge rejects Diddy bid to toss prostitution conviction
Sean Combs awaits sentencing within days after a judge rejected the hip-hop mogul's bid to overturn his conviction on felony charges related to prostitution.
Low rates, supply squeeze create home price rise mayhem
The great Australian dream of property ownership continues to resemble a nightmare for many buyers as prices surge and the supply of homes dwindles.
Cup Day rate cut in doubt as RBA nears final straight
The odds are lengthening on an interest rate cut on Melbourne Cup Day, as the Reserve Bank adopts a hawkish tone and inflation steps up the pace.
China to halt BHP iron ore cargoes during price talks
China's state-run iron ore buyer has told the country's steelmakers and traders to temporarily halt purchases of all new BHP cargoes.
Sad day as refinery’s closure to hit jobs and community
Hundreds of workers will lose their jobs as alumina giant Alcoa permanently shuts a 60-year-old refinery that served as a cornerstone of the community.
business (general)
computing and information technology
consumers
internet
mass media
media
regulatory policy and organisation
social issue
social issues (general)
software
technology (general)
Banned by AI bots: fresh call for social media referee
Artificial intelligence software is incorrectly banning social media accounts but without an ombudsman, many struggle to reclaim their profiles.
Rock art safeguards weakened despite gas hub’s harms
The federal environment minister thinks the North West Shelf gas project is damaging ancient rock art, despite opting for weaker emissions restrictions.
Networks join forces to create $416m media monolith
A $416 million merger between the owner of Australia's most popular TV network and the country's biggest radio broadcaster has ignited their share prices.
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.
breaking_news
central bank
construction and property
economy, business and finance
housing and urban planning
interest rate
money and monetary policy
mortgages
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.
‘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.
central bank
economy, business and finance
housing and urban planning
interest rate
money and monetary policy
mortgages
politics
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.
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.
Court says Clive not a foreign investor and must pay up
Australian mining magnate Clive Palmer has been ordered to pay more than $13 million after an international tribunal dismissed claims he was a foreign investor.
Australia to cop deeper impact from new US meds tariffs
The US plan to slap new tariffs on pharmaceutical drugs will likely have a chilling effect on Australia's pharmaceutical export sector, a think tank says.
Aussie pharma giant sees no pain from big Trump tariffs
The Australian government and pharmaceutical exporters are scrambling to determine whether they will be impacted by Donald Trump's latest tariff bombshell.
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.
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.
‘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.
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.
automotive equipment
consumers
energy
energy (general)
energy and resource
energy resources
energy saving
environmental issue
exports
renewable energy
road transport
transport
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.
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.