Australian shares higher as central bank cuts rates
Discretionary, banking and utilities stocks have given the local share market a boost as the central bank resumes its easing cycle.
Economy, Business and Finance
Australian shares edge higher ahead of rates call
Discretionary and bank stocks have helped buoyed the local share market ahead of an expected interest rate cut from Australia's central bank.
Casino giant rolls the dice on mega precinct sale deal
A debt-riddled casino operator will sell its share in a massive capital city waterfront development to Hong Kong partners as it fights to stay afloat.
Rates cut but borrowers told not to bank on more relief
The cash rate has been cut to its lowest level in more than two years, as the Reserve Bank resisted the temptation to wrong-foot analysts twice in two months.
Rebooted plastic scheme could hike groceries cost
Consumers could face higher prices for goods wrapped in soft plastic as plans for a much-anticipated recycling scheme are revealed.
Mortgage holders ready for relief after past rates blow
The Reserve Bank of Australia board is expected to deliver mortgage holders more hip-pocket relief in its upcoming interest rates decision.
‘Great friends’ Australia, NZ vow closer defence ties
Australia and New Zealand are chasing stronger military and economic ties, with the latter open to following its neighbour's lead on frigate procurement.
construction and property
economy, business and finance
housing and urban planning
interest rate
personal finance
real estate
Rates take back seat to affordability for home buyers
Interest rates might be weighing less on Australians' decision to buy or sell a property, with affordability now ranked as the leading influence.
Electric goes large: low-emission utes, vans get a show
Utes that can be plugged in and vans that run on batteries have gone on show in Australia for the first time, which experts say is proof the market has moved.
‘Struggling more than ever’: Debt reaches six-year high
The number of Australians seeking help with debt has reached a record high as housing stress and utility costs weigh on budgets.
Life-saving tech for kids absent at under-fire hospital
An inquiry has found a purportedly world-class hospital lacks essential technology, duplicates training and operates in isolation from a state health network.
Novo Nordisk warns of layoffs as pressure mounts
Danish pharmaceutical giant Novo Nordisk, Europe's most valuable company, is eyeing potential cost-cutting measures.
Glencore scraps plan for New York listing, flags cuts
Glencore says it will keep its primary listing in London, shelving a possible move to New York.
Banks, miners lead Aussie share market to record highs
Continued strength in the mining sector and hopes of incoming interest rate relief have helped lift the Australian stock market to fresh highs.
business (general)
computing and information technology
economy (general)
internet
productivity
research and development
science and technology
software
technology (general)
Australia shouldn’t try to reinvent the AI wheel
Australian companies should boost productivity by using existing artificial intelligence tools rather than trying to create sovereign models, a US expert says.
Fast approvals only add to housing construction logjam
Hastening development approvals without increasing building capacity will only add to the bottleneck in housing construction, researchers warn.
Price floor sends rare earths shares through the roof
Shares in rare earths miners are soaring as the federal government indicates its support for a taxpayer-funded minimum price for the electronics ingredients.
Sea of green as Aussie shares notch highest-ever close
Investors have shrugged off the previous week's gloom to send Australian equities to their best-ever close as rate-sensitive stocks led the bourse higher.
Smelter rescue bolsters nation’s critical metals future
Catastrophe has been avoided with the bailout of two smelters, says a union that now urges governments to safeguard the nation's metal manufacturing capability.
Airbnb hosts say caps won’t shift them to rental market
Short-term rental hosts would be more likely to leave their properties empty than list them on the long-term rental market to aid supply, a survey shows.
Rivers of gold pour into Kalgoorlie for mining forum
Goldminers were beaming while uranium diggers ran for cover as mining's winners and losers took centre stage at a leading industry conference.
Upward spending trend unlikely to shift needle on rates
Splurging shoppers are unlikely to dent the chances of an August interest rate cut, with consumer data tipped to deliver an upward spending trend.
alternative energy
business (general)
energy
energy (general)
energy and resource
energy resources
environmental issue
environmental politics
exports
metal and mineral
mining
pollution
renewable energy
Green hydrogen hype fades but future hopes are bright
Two major Australian green hydrogen projects have been abandoned within weeks but experts say it will give investors time to rethink the future of the fuel.
Prefab house ferried to island by night wins top award
A house built in a factory and ferried to one of the nation's favourite holiday islands has won Australian House of the Year at the 2025 Houses Awards.
Depth of US-Australia ties on show in tariff reprieve
While face-to-face talks with Donald Trump remain elusive, a US decision to spare Australia from increased tariffs highlights the strength of the partnership.
consumer goods
consumers
energy
energy (general)
energy and resource
energy saving
environmental issue
environmental politics
politics (general)
renewable energy
1400 batteries in a day: Aussies soak up solar subsidy
Australia could double the number of household solar batteries installed in a year, figures reveal, as consumers rush to take advantage of a subsidy.
Fading Star: casino group loses shine with record fall
Embattled casino operator Star Entertainment's shares have sunk to an all-time low after months of negotiations to sell a riverfront mega-project collapsed.
breaking_news
exports
international (foreign) trade
international relations
politics (general)
tariff
trade policy
Australia to argue for tariff removal after US reprieve
Australia has been granted a rare reprieve from higher US tariffs on its goods but officials haven't given up hope of the levies being removed entirely.
House price growth spurt shows no signs of easing
Further interest rate cuts on the horizon have stirred the nation's housing market with prices rising for a sixth straight month alongside demand.
Bundoora to Host Melbourne’s Largest Electric Bus Depot in Major Clean Transport Milestone
Melbourne’s north is set to lead Australia in clean public transport with the construction of the country’s largest electric bus depot in Bundoora, enabling 188 zero-emissions buses to service the region under a fully integrated, state-backed initiative.
‘Economic death spiral’ fear over ailing copper smelter
A delegation is visiting Canberra to plead for a bailout for the copper industry to prevent an "economic death spiral" in north Queensland.