Inflation ‘quirks’ unlikely to spook Reserve Bank board
Hopes of a rate cut have slipped after a shock surge in inflation, but it's not off the cards yet with more data to come before the next Reserve Bank meeting.
Economy, Business and Finance
Beloved skipper killed, four rescued after boat capsize
A boat skipper has died and four people have been rescued after a charter boat capsized after hitting a dangerous sandbar, prompting a rescue effort.
Shoppers check out of Woolies as Coles registers gains
Shoppers are switching supermarket brands with Woolworths losing sales to arch-rival Coles as the giant chains post contrasting financial results.
Ditch the diesel: the five sectors urged to go green
Major reforms may be needed to wean some Australian industries off diesel and reduce its significant contribution to the nation's carbon emissions.
Rate cut hopes dim as power bill shock sparks inflation
Borrowers hoping for a second straight interest rate cut have been dealt a blow after a surge in electricity prices drove inflation unexpectedly higher.
earnings
economy, business and finance
energy
energy (general)
energy and resource
energy resources
exports
finance (general)
metal and mineral
Iron ore giant’s profit falls, green energy vow stays
One of Australia's biggest mining companies says it will continue to pursue green iron and renewable energy projects as iron ore revenues dip.
Buying frenzy for Coles shares after bumper sales year
Coles shares posted their best single-day gains in more than five years after the supermarket giant announced strong sales growth and a billion-dollar profit.
business (general)
computing and information technology
employer
employment
productivity
retraining
software
technology (general)
One in five young jobseekers are fudging AI skills
The pressure to understand and use artificial intelligence tools is getting to gen Z and millennial workers, with many admitting to exaggerating their talents.
Mail mess as Australia Post stamps out US deliveries
Businesses are counting the cost of Australia Post suddenly suspending many deliveries to the US and Puerto Rico because of import tariff rules changes.
BWS owner cuts dividend as Aussies avoid booze splurge
Dan Murphy's and BWS owner Endeavour Group blames subdued sales on cost-of-living pressures as its high-profile new CEO prepares to take over.
Housing bubble warning as deposit scheme fast-tracked
House prices could surge and mortgage defaults rise when a government scheme to help first home buyers begins ahead of schedule, experts warn.
Tax perks on super for retirees ‘deserved’: treasurer
As the government considers tax changes to give younger generations a break, concessions on super for retirees are still fair, Jim Chalmers says.
Record day in gains for ASX results in a sea of green
The ASX has finished a record-breaking trading session at an all-time high as investors turned the bourse green on the busiest company reporting day.
Coal prices weigh on Whitehaven as profit slides
A major Australian coal producer has reported better-than-expected production from its new mines, but price pressures cut into its full-year result.
environmental issue
environmental politics
environmental pollution
exports
iron and steel
metal and mineral
pollution
research and development
Industry, climate firms to give green iron green light
Creating a green metals industry is taking longer than expected, experts say, but an Australian summit is seeking ways to accelerate its creation.
Red tape on chopping block in bid to build homes faster
Slashing regulations so houses can be built quicker has won universal approval at a government-led economic roundtable, but the finer details are up for debate.
BHP mulls mothballing coal mines over royalty regime
BHP has delivered record production across several metal groups, but sluggish commodity prices and one state's royalty regime have chiselled away at earnings.
business (general)
business enterprises
earnings
economy, business and finance
finance (general)
health
health organisations
medicine
vaccines
Biotech giant to slash 3000 jobs, spin-off vaccine arm
Pharmaceutical giant CSL has announced a major shake-up for its vaccination arm and for jobs as the company aims to cut costs.
Trade and skills under spotlight in ‘promising’ talks
The treasurer has sung the praises of the government's long-awaited roundtable after hours of discussions on productivity, trade and technology.
Google cops $55m fine for search engine deals on phones
Google engaged in anti-competitive behaviour when it asked telcos to install only its search engine on phones, Australia's competition watchdog says.
Renewable transmission plan expands, cost to double
One of Australia's largest renewable energy transmission projects faces a cost blowout with expanded areas of land for solar, battery and wind.
auto trends
automotive equipment
consumer goods
diesel fuel
energy
environmental issue
environmental politics
environmental pollution
litigation and regulation
politics
politics (general)
productivity
road transport
transport
Charge ahead: road taxes may be closer than they appear
A road user charge targeting electric vehicle drivers is gaining widespread approval but how it will work and when it will arrive remains up for debate.
Aussie shares in record close, break $2.9 trillion mark
Australia's top 500 publicly traded companies are now worth more than $2.9 trillion, as major benchmark indexes closed at their highest ever levels.
Footy fans help consumer spending roar into growth
A British and Irish Lions rugby tour and the State of Origin league decider helped push household spending up in July, the latest CommBank data shows.
Paul Kelly farewells Joe in How to Make Gravy sequel
One of Australia's most celebrated artists has released a sequel to Christmas anthem How to Make Gravy, almost three decades after its release.
Ex-Qantas boss returns to defends his troubled legacy
Controversial former Qantas boss Alan Joyce has used a rare public appearance to ask industry figures to consider their "social licence" in future plans.
Liquid gas investment inflates Origin Energy’s profit
Profits are up for Australia's largest energy company despite challenges from the price of coal, energy tariffs and power plant uncertainty.
Further rate cuts at risk as rent pushes up inflation
Future rate cuts may be less likely if renting and construction costs contributing to housing inflation continue to grow.
Energy retailer profits slump, looks to renewables
An electricity and gas retailer has seen a mammoth hit to its profits after a drop in energy prices as the company turns its focus towards renewables.
Animals may be ‘threatened species’ after algal bloom
An assessment of the devastation to marine animals caused by an unprecedented algal bloom will be fast-tracked by the federal government.
CommBank’s record $10b profit could’ve been bigger: CEO
Commonwealth Bank could have delivered a better result than its $10 billion profit if it weren't positioning itself for AI revolution, its boss says.