Japan’s Nikkei 225 stock index sinks over 12 per cent
Japan's Nikkei 225 share index has plunged dramatically after heavy selling triggered by fears the US economy could be in worse shape than expected.
Economy, Business and Finance
‘Sea of red’: worst day for ASX in more than four years
The Australian share market has suffered its biggest daily sell-off in more than four years, amid growing fears of a hard landing for the US economy.
Ticket hesitation hits The Forum line-up, inquiry told
Artists have been pulling out of hoped-for gigs at famed live music venue The Forum as fans leave ticket purchases to the last minute, an inquiry has been told.
Debt collector taken to court after flouting trade ban
Victoria's consumer protection watchdog will take a debt collector to court after the company allegedly continued to operate in the state despite being banned.
Signs of slow build back with home approvals sluggish
Interest rates, labour shortages and investor confidence are contributing to weak building approvals, but there are signs of recovery in detached homes.
Door swings shut on rate rise following inflation data
Australia's inflation rate has clocked its first annual increase in 18 months but borrowers can breath easy as it was unlikely to trigger another rate hike.
Help on its way for Rex despite ‘flawed’ expansion
A taxpayer-funded lifeline for Rex Airlines looks increasingly likely as the Albanese government highlights the carrier's "absolutely vital" regional presence.
Rex Airlines enters voluntary administration
Rex Airlines has gone into voluntary administration and cancelled all flights between major airports.
company information
economy, business and finance
energy and resource
environmental cleanup
metal and mineral
mining
nuclear power
Rio Tinto ‘open’ to nuclear energy, profit flatlines
Rio Tinto says it wants to find better ways to provide the materials the world needs but warns decarbonisation has "a long way to go".
‘It’s everything’: rural Australians fear Rex’s fate
Rural Australians who rely on Rex for health, education, mail and groceries fear for their future as the regional airline entered voluntary administration.
ASX hits record high, dollar sinks as inflation cools
The ASX200 rose 1.8 per cent in its best single-day performance since late 2022, while the Aussie fell under 65 US cents for the first time in three months.
Industry calls for $3b fund to clean dirty big trucks
A big investment will be needed to put more heavy-duty electric trucks on the road, an industry group says, as well as changes to support cleaner fuel.
Sustainable fuel hopes take off with eyes on emissions
Flights could become more environmentally friendly as Australia and New Zealand explore ways to produce sustainable aviation fuel at home.
The surprise state topping Australia’s economic ladder
South Australia has retained its title as the nation's top economy for the third consecutive time in CommSec's latest State of the States report.
Call for ad ban on easy credit for groceries, medicines
A popular form of credit to encourage online shopping has morphed into a crutch for trying to stay a step ahead of financial disaster, an inquiry has been told.
Building ‘black hole’ link to scared horses, jockey ban
Horse racing at Queensland's biggest track is at a standstill after jockeys refused to ride, claiming a nearby construction site is spooking the animals.
Roundup class action loss a ‘win for farmers’: Bayer
The makers of Roundup have welcomed a Federal Court ruling that the popular herbicide cannot be proven to cause cancer.
Bruce Lehrmann fights $2m bankruptcy threat with appeal
Bruce Lehrmann's bid to appeal a defamation loss and findings he raped Brittany Higgins could be tripped up as Ten tries to bankrupt him over a legal bill.
As Canada cuts rates, RBA doves come home to roost
After hitting inflation hard and early, the Bank of Canada is already cutting rates while their dovish Australian counterparts contemplate another rate hike.
Origin Energy backs big batteries to support east coast
Origin Energy will invest $450 million in the Eraring big battery project as part of a plan to accelerate its renewable energy generation and storage footprint.
‘Battery passport’ call to solve electric car recycling
An influx of old electric vehicle batteries will pose a significant challenge but also an opportunity to recover critical minerals, an inquiry has been told.
Has the latest IT outage quietly slowed the cash crash?
The CrowdStrike outage exposed vulnerabilities in digital payment systems and shows Australia is decades away from a completely cashless society, experts say.
Baby drought as house prices push parents out of cities
Australians are having less babies and the fertility plunge is being blamed on high housing costs with analysis showing parents are being pushed to the fringes.
Premier floats water supply risk from nuclear push
Water supply may be threatened during a drought under federal opposition leader Peter Dutton's nuclear power plan, Queensland premier Steven Miles says.
Australia could play critical role EVs, solar minerals
Rising demand for minerals needed to make electric cars, solar panels and wind turbines could deliver a unique opportunity for Australia, a report finds.
Permits for new gas exploration risk ‘climate disaster’
Australia needs more gas to fast-track the phase out of coal, explorers say, but critics warn new offshore gas exploration permits are a "climate disaster".
Planned Nine newspaper strike to hit Olympics coverage
Journalists at Nine's newspapers will strike during the opening weekend of the Paris Olympics if the company doesn't come forward with a better pay offer.
AI curiosity soars, but not everyone’s comfortable
More Australians are turning to artificial intelligence technology to learn new skills, a Google report shows, but others want to identify when it's being used.
Rent squeeze adds extra juice for first-home buyers
Renters across the nation face increasing rent hikes despite varied rental conditions, which is leading to some buying a home.
Porsche to put brakes on 1600 luxury electric vehicles
More than 1600 high-end electric sports cars have been recalled over a safety issue, in the second electric car recall in a week.
Deal for ‘clean, reliable power’ despite gas shortfall
Another state has signed a federal renewable energy agreement, anticipating rising power demand in coming decades from new refineries and low-carbon industries.