Aussie shares gain as Rio makes play for lithium miner
The ASX200 has finished 0.7 per cent higher with gains for retail banks along with lithium miners after a major takeover offer by Rio Tinto.
Economy, Business and Finance
Devastating bird flu strain ‘on Australia’s doorstep’
Conservation groups are calling for more funding to prepare for the arrival of a deadly bird flu strain believed to have killed billions of animals worldwide.
Big banks leading Aussie shares higher at midday
The ASX200 was up 0.3 per cent at lunchtime, with gains for the retail banks along with lithium miners after a major takeover offer by Rio Tinto.
Woolworths lands apartment tower deal for prime site
A vacant inner-city site bought by Woolworths' development arm in 2020 will become a multi-storey apartment complex anchored by the supermarket.
‘Don’t agree on everything’: leaders divided on nuclear
Queensland is on track for an LNP government but that doesn't mean Peter Dutton would be able to bank on the state's support for building nuclear power plants.
Minister ‘unaware’ of risk before power plant explosion
Queensland's energy minister has testified in court that power plant executives did not tell him about risks of serious incidents before an explosion.
auto trends
automotive equipment
consumer goods
economy (general)
energy (general)
environmental issue
road transport
sales
transport
Hybrid vehicles in fast lane, as petrol cars slow down
Australians are buying fewer new cars as the economy bites but hybrid vehicles are bucking the trend, sales figures have revealed.
Rising grocery prices makes feeding kids a challenge
Australian shoppers say it has become harder to provide kids with nutritious food and it's time for the government to crack down on supermarkets.
Calls for sweeping review after another mining death
The death of another mine worker in Australia's largest coal-producing state has sparked calls for an industry-wide review of safety practices.
energy
energy (general)
energy and resource
energy resources
exports
international (foreign) trade
investments
metal and mineral
mining
renewable energy
Australia may miss billions in green Chinese investment
Chinese investment in Australia has fallen, despite the nation's growing budget for renewable energy projects in the transition to net zero emissions by 2050.
Expert rejects supermarket land banking concerns
A retail expert says it's "not unreasonable" for supermarkets to spend years developing sites for stores, as the government moves to crack down on land banking.
Fire ant eradication refuseniks face sting of the law
Tensions are ramping up between authorities and property owners who are resisting the fire ant eradication program with a lock-the-gates style campaign.
Users still frustrated despite falling telco complaints
Telcos still have work to do to improve customer service with delays in fixing problems and service fees among the top complaints, the industry watchdog says.
Speed limit cuts needed to help fix road toll ‘crisis’
Speed limits need to be curbed to help tackle the 'absolute crisis' of the nation's spiralling road toll, road safety experts say.
High-density issues hurting Australia’s housing goal
Unless Australia can significantly lift the pace at which it is building new homes, a nationally-agreed target to solve the housing crisis looks at-risk.
Travellers to fly for less if Qatar lands Virgin deal
More routes more often and increased use of frequent-flyer miles are predicted if Qatar Airways is allowed to take a large slice of Virgin Australia.
$10 billion Indigenous business milestone celebrated
Indigenous businesses have won more than 71,000 commonwealth contracts, representing $10 billion in government spending over the past nine years.
Core brands survive big change at battling retail chain
Mosaic Brands says it will close its Rockmans, Autograph, Crossroads, W.Lane and BeMe brands to focus on its core brands such as Noni B.
Australian shares round out September with fresh record
The ASX has again hit new intraday and closing record highs, with the local currency at its highest level since early 2023.
History not on our side ahead of Qld election: LNP
Polls indicate a comfortable LNP victory is on the cards in Queensland but the opposition leader is playing down the likelihood he'll be premier in a month.
Australian optimism tempered over Chinese stimulus
Australia has welcomed a major Chinese stimulus as its stalling economy has flow-on effects but the treasurer has warned about being overly optimistic.
Bigger budget surplus not ‘an end in itself’
Treasurer Jim Chalmers says a better-than-expected $15.8 billion budget surplus doesn't mean cost-of-living measures have been forgotten.
Retail sales to show economy continues to sputter along
The Australian economy should show further signs of modest growth in upcoming retail trade figures but investors will be more interested in US jobs data.
‘Out of control’: community divided over dingo decision
A long-awaited extension on dingo control measures has been hailed as a win for farmers, but nobody seems happy with the result.
air transport
alternative energy
diesel fuel
energy
energy (general)
energy and resource
energy resources
renewable energy
transport
travel and commuting
$14m funding boost to make sustainable jet fuel fly
Environmentally friendly plane fuel could be closer to being produced in Australia after two governments made a record investment in its potential.
Qantas engineers to strike as school holidays kick off
Qantas engineers will strike in Sydney next week after their union said the airline's current pay offer is a slap in the face after years of wage freezes.
Fallen star: $500 million wiped from Star on ASX
The value of Star Entertainment has plummeted on the ASX after $500 million dollars was slashed from the casino giant's worth as its shares were unfrozen
‘Knocked on the head’: Labor rebuffs property tax moves
After days of discussions over curbing property investors' tax concessions, the government has firmed its stance against the rumours.
banking
budgets and budgeting
commodity markets
economy, business and finance
housing and urban planning
mining
mortgages
China stimulus a ‘very good development for Australia’
After iron ore prices plunged by more than a third since the start of the year, Chinese stimulus measures spell good news for the Australian budget.
Chips are down as Star posts huge loss, cashes in jobs
Star Entertainment has written down the value of its three casinos by $1.4 billion as its new CEO plots a path to turn around the fortunes of the company.
No negative gearing reform on cards for election: PM
The prime minister has hosed down suggestions Labor will take changes to negative gearing to the election, amid warnings it could hike up rents.