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.
Economy, Business and Finance
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.
Airlines cop heavy flak as number of late flights soars
One-third of all domestic flights were not on time during November, earning airlines stinging rebukes from political leaders.
automotive equipment
energy
energy (general)
environmental issue
environmental politics
environmental pollution
politics
road transport
transport
Australia on the road to ban on high-polluting vehicles
New vehicles will have to create less pollution to be sold in Australia under new rules to come into effect in 2025.
Cost of living relief under consideration for new year
Australians on low and middle incomes could be in for further relief as the Albanese government considers how it can help households under strain.
Australian shares take a dive after days of gains
The local share market dropped 0.5 per cent, closing lower for just the second time out of the past 10 sessions.
Steeper cost of small reactors a blow to nuclear push
A push to add nuclear to Australia's energy mix may be silenced by a steep upward revision of the cost of small reactors by the national science agency.
Qantas taken to court over dog discrimination claim
Qantas is being taken to court over the airline's decision not to allow a woman's assistance dog to travel with her on its planes.
Airbnb faces $30m bill over Australian dollar confusion
A judge has fined Airbnb $15 million over its misleading and deceptive conduct towards Australian customers, who may get millions more in compensation.
Firmer footing for Australian economy later in 2024
A surprisingly positive reading for a key leading index points to green shoots for the economy, though one-off factors may be responsible for the upbeat result.
Hydrogen-electric plane to take to Aussie skies in 2024
A Brisbane company has revealed plans to retrofit and fly a hydrogen-powered light aircraft, in a development that could reduce pollution from air travel.
Arcadium set to join ASX200 after Allkem-Livent merger
Arcadium will be the world's third-biggest lithium producer, a combination of Brisbane-headquartered Allkem and Philadelphia-based Livent.
NZ PM Luxon visits Australia for security talks
New Zealand Prime Minister Chris Luxon is set to touch down in Sydney for talks with Anthony Albanese, the Kiwi leader's debut on the international stage.
RBA wary of unemployment jump ahead of rates call
The central bank board mulled over another cash rate increase or staying on hold at the December meeting, and kept its options open for more tightening.
Christmas cheer as Australian shares hit 10-month high
The local bourse has closed up 0.8 per cent to finish at its highest level since early February, in what one analyst called a textbook Santa rally.