Tariffs, human rights on agenda for Chinese visit
Foreign Minister Penny Wong will host Chinese counterpart Wang Yi as Beijing prepares to remove trade impediments against Australian wine.
Economy, Business and Finance
Hundreds of jobs axed with PwC to ‘simplify’ business
Big Four consultant PwC has made hundreds of jobs redundant and accelerated the retirements of more than 30 partners in an effort to streamline its structures.
House prices surge in years since pandemic
House prices have risen by more than 30 per cent across Australia in the four years since the outbreak of COVID-19, a report has revealed.
Investment expert warns prices ‘rollercoaster’ possible
Unwinding pandemic effects will cause inflation to fall quickly, a key investment strategist expects, before supply shocks keep it higher over the long term.
Chinese ambassador says wine tariff review on track
The Chinese ambassador and the Australian trade minister are both hopeful a Chinese review into tariffs on Australian wine is moving in the right direction.
Aust shares plunge 1.8 pct in worst loss in a year
Every sector has lost ground in broad-based selling ahead of another important US inflation readout seen as key in determining the speed of rate cuts.
WA ranked first, Vic last on economic performance: IPA
A new report has ranked states on their performance across 10 economic indicators, crowning WA as the nation's best performer while Victoria came last.
WA cut off as dangerous floods inundate roads, rail
Flooding caused by heavy rainfall and thunderstorms has closed the main road and rail routes connecting Western Australia to the rest of the country.
Coles faces competitive pressure from online retailers
The head of one of Australia's two big supermarkets says the sector is becoming increasingly competitive and online retailers are part of the story.
Climate assessment details grim risks for Australia
Australia's first climate risk assessment is grim reading and outlines the threats people could face if the nation fails to prepare well for what's ahead.
Unpaid invoices surge as small business owners struggle
Businesses are feeling the crunch from cost of living pressures as new data shows payment defaults from business-to-business transactions are at record highs.
Businesses to save as government scraps tariffs
Hundreds of nuisance tariffs on everyday items like tools, clothing, dishwashers and more will be scrapped in a move that will save businesses millions.
Australian Bitcoin buffs say ‘bull run’ just beginning
Australian cryptocurrency enthusiasts are confident "it's a brand new world" after Bitcoin hit the highest price in its 15-year history.
Labor open to ‘sensible’ changes to fuel standards
The Albanese government will consider "good faith" suggestions for its proposed fuel efficiency standards, according to Energy Minister Chris Bowen.
People First Bank kicks along membership, deposits
Australia's largest customer-owned bank has reported a $31 million profit in the first half, down slightly from the same time a year ago.
Heavy electric trucks cleared to drive in another state
Queensland is the latest state to allow electric trucks on some roads in a change that will pave the way for the low-emission vehicles to be made locally.
Fears for koala habitat after coal mine assessed
Environmentalists are disappointed the federal environment minister has referred a central Queensland coal mine for assessment instead of rejecting it.
Mining magnate Gutnick banned from managing businesses
Former Melbourne Demons president "Diamond" Joe Gutnick has been disqualified from managing corporations for his involvement in three failed companies.
Australian shares rally to reach another all-time high
The ASX200 rose 1.1 per cent to finish above 7,800 for the first time after more talk of rate cuts as soon as June in the US and Europe.
Rolling in cash – Katter and Wilkie don CashPig Costumes to get stuck in to Grocery Giants
Wednesday last we saw two barnyard animals enter parliament house, but this was no petting zoo. Rather, independent MPs Bob Katter and Andrew Wilkie donning inflatable pig costumes
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Second electric vehicle brand slams automotive body
Another electric car maker has resigned from Australia's peak automotive industry group amid accusations it "cherry-picked" data to mislead consumers.
Ten years on, Australia reflects on MH370 disappearance
Questions about what happened to Malaysia Airlines flight MH370, which disappeared over the southern Indian Ocean 10 years ago, remain unanswered.
‘Often overlooked’ women are the future of agriculture
Women are increasingly being recognised for their success in the agricultural sector in production, biosecurity, science and as champions of future farmers.
Underground pipeline gas leak, fire triggers probe
Authorities are investigating after an underground gas pipeline leak sparked a fire in Queensland, with emergency services setting up an exclusion zone.
SpaceX launches Aussie satellite with printed solar
A huge satellite powered by flexible, printed solar cells developed by the CSIRO has launched in the US and may help keep others in space.
Economy hit by ‘dastardly duo’ of rates and inflation
Australia's economy grew very little last quarter but the result was broadly in line with forecasts and unlikely to change the outlook for interest rates.
Vindication for Qantas worker, airline cops $250k fine
Former Qantas health and safety rep Theo Seremetidis says a fine for the airline is a "drop in the ocean" after he was stood down for raising COVID concerns.
More deposit bailout cash after home builder collapse
Victorian taxpayers will again come to the rescue of customers who lost their home deposit after the builder went belly up.
Call to extinguish cigarette vending machines
Australian businesses are still selling cigarettes from vending machines and cancer researchers want legislative reform as drug and alcohol usage rises.
Popular car brands ’emit more carbon than coal mines’
Analysis of the five most popular car brands in Australia has found their vehicles are responsible for producing more carbon emissions than some coal mines.
‘Unbalanced’ duopoly impacting shoppers, farmers
The major supermarkets have offered "rock bottom" prices for purchasing produce because of their influence, farmers have told a parliamentary hearing.