‘Crypto Christmas’ – Aussie Bitcoiners cheer US ETFs
Many Australian cryptocurrency enthusiasts are cheering after the US securities regulator approved 11 exchanged-traded Bitcoin funds in a landmark decision.
Economy, Business and Finance
Household solar installations charged ahead in 2023
Australian households have set a new record for solar investments, with a new report revealing rising electricity prices encouraged more to make the switch.
economic indicator
economy, business and finance
housing and urban planning
lifestyle (house and home)
rental service
No solace for city renters as prices continue to surge
Economists say there could be relief on the horizon for renters, despite prices growing in every capital city in the last months of 2023.
auto trends
automotive equipment
consumer goods
environmental issue
environmental pollution
renewable energy
road transport
transport
New leader in the race for cheapest electric vehicle
The race to deliver Australia's most affordable electric car has roared to life again, with one manufacturer offering a significant discount to win the title.
Storm clouds loom for economy as rain, floods take toll
The fallout from severe storms in Queensland could lead to consequences for the economy and budget bottom line, Treasurer Jim Chalmers has warned.
Supermarkets told to pass on savings at the checkout
Supermarkets have been told to pass on savings as calls echo for the consumer watchdog to launch an inquiry into their behaviour.
Black Friday splurge shifting numbers in retail readout
Retail data is likely to reveal shopper enthusiasm for Black Friday discounts ahead of fresh stats on Australian consumer prices, housing and jobs.
Cost of living no roadblock as car sales smash record
Australians bought a record number of new cars in 2023 as the COVID comeback continued but cost-of-living pressures have auto makers preparing for a slowdown.
Australian shares plunge after weeks of strong gains
After its near-record start to 2024, the local share market has finished down 1.4 per cent, its worst one-day drop since July, with losses across every sector.
Shoppers to spend almost $24b on Boxing Day sales
Australians are expected to spend big in the Boxing Day sales, the "Grand Final" of shopping around the nation which starts on Tuesday.
‘A simple life’: the reincarnation of rural churches
Rural churches are getting second lives as music studios, luxury homes and cosy BnBs after the COVID-19 pandemic, which left many in search of a quiet life.
Shoppers seek Boxing Day bargains across the country
Australians have splurged at unprecedented sales on Boxing Day spurred on by a cost-of-living crisis this year.
Electric car show returning to Australia, twice as big
Double the number of electric vehicle makers will be racing into Sydney in 2024 after demand for the low-emission rides tripled.
Australian shares hit highest level in 20 months
The ASX200 has finished up 0.8 per cent and is closing in on its all-time high reached in August 2021.
Australia’s most expensive cities for petrol revealed
Perth retains its title as Australia's cheapest petrol capital with regular unleaded costing an average of 183.9 cents per litre for 2023.
Australian shares finish 2023 up 7.8 per cent
The local share market fell 0.4 per cent on Friday, snapping its two-day rally, but December will still be its best month since November 2020.
New year changes to bring vape ban, boosted payments
A raft of major policy changes are scheduled to start as the sun sets on 2023, including cost of living relief measures in some states.
Snacks giant sorted with favourite Aussie ingredients
Fancy crackers, chocolates and lollies shared during the holidays are increasingly being made from local ingredients in high-tech manufacturing hubs onshore.
construction and property
economy, business and finance
housing and urban planning
politics (general)
Home values up in 2023 but affordability rears its head
A surprisingly strong year for the Australian housing market has ended on a weaker note, with performance varied across different regions and cities.
construction and property
economy, business and finance
housing and urban planning
politics (general)
House prices to fall by 3-5pct after flat end to 2023
The Australian housing market ended 2023 on a flat note, despite respectable gains across the year, and are likely to fall going into 2024, experts say.
Australian shares start year fraction from record high
The ASX200 came within a tenth of a point of its all-time record set August 13, 2021 this morning, before closing just five points under it.
Aussie households boost savings buffer by $10 billion
Many Australians are continuing to build up the savings they set up during the pandemic and together have more than $1 trillion stashed away in the bank.
Farmer urges rural Aussies to consider electric cars
A farmer in Western Australia says more people in the outback should considering buying an electric vehicle to unlock fuel savings.
Asian toad pest found in Victoria a ‘serious threat’
Melburnians have been urged to look out for the deadly Asian black-spined toad after a resident found one while taking an afternoon walk on Boxing Day.
Cost of living relief on table but cash handouts vetoed
Finely-tuned government assistance could be on its way for households struggling under cost of living pressures, the prime minister says.
New transport minister reveals costs of major projects
The cost of 32 major road and rail projects across Queensland has almost doubled, with new Transport Minister Bart Mellish promising transparency on the issue.
Vic commuters hit with second fare hike in six months
Public transport fares in Victoria will rise by up to 60 cents a day but the state government insists the hike is modest and needed to keep pace with inflation.
Deadly start to Xmas with two dead on Queensland roads
The deaths of two motorists and a serious vehicle collision on Queensland's roads have marked a deadly start to the state's Christmas long weekend.
Population growth to ease as migration levels normalise
Australia's population growth has been boosted by higher migration post-pandemic, but these levels will stabilise in coming years.
New fuel standards to reduce driver health risk: PM
New fuel quality standards will be introduced to limit the amount of noxious emissions from vehicles, bringing Australia into line with other western countries.
Australian shares slip after days of gains
The local share market has fallen 0.3 per cent and is on track for just its second losing day out of the past 10 sessions.