Cup day rate hike extends finishing line for borrowers
Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.
Economy, Business and Finance
Will they, won’t they? All eyes on RBA Cup Day meeting
Stubbornly high inflation has raised the chances of a November interest rate increase by the central bank, putting more financial pressure on borrowers.
New cinema venues open as Aussie ticket sales boom
Cinemas are opening in new locations in Melbourne, Brisbane and Sydney as a box office boom defies cost of living concerns.
One in four tired, burnt out nurses planning to quit
A nursing shortage gripping the country will only worsen, with one in four in primary health care planning to leave within five years.
Westpac posts $7b profit, launches $1.5b share buyback
Westpac has posted a 26 per cent rise in net profit of $7.2 billion for 2022/23 and released a climate report which will affect lending to farmers.
Photo finish looms for Melbourne Cup interest rate call
Australian borrowers could be hit with another interest rate hike at a closely run Melbourne Cup Day cash rate call.
RBA fires off Melbourne Cup day interest rate hike
Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.
Plibersek warns salmon industry over endangered fish
The federal environment minister has issued a warning about the salmon industry's plans to fix a harbour where an ancient fish is barely hanging on.
Coles workers, activists picket supermarket’s AGM
The Retail and Fast Food Workers Union has gone on strike and protested outside the Coles annual meeting.
alternative energy
diesel fuel
energy (general)
environmental issue
petrol
renewable energy
road transport
transport
Report pokes holes in fuel company plans for net zero
An analysis of net-zero plans released by petrol companies have questioned their green claims, including their reliance on 'dirty' hydrogen and carbon offsets.
Besieged Qantas board cops brunt of shareholder anger
Heckling and protest votes greeted the Qantas board at the airline's annual general meeting where shareholders vented their frustration at a series of missteps.
Queensland’s $30 Million Clean Energy Workforce Roadmap: A Path to Sustainable Job Growth
The Queensland Government has set out a plan for clean energy transformation with the aim of creating around 100,000 new jobs by 2040.
consumer goods
consumer issue - macro economics
environmental issue
environmental pollution
renewable energy
road transport
transport
Most Aussies intend to buy EVs but worry about charging
Almost one in three motorists intend to swap their petrol car for an electric model in the next five years but many are concerned about too few charging points.
Origin Energy $16b acquisition on the rocks
Brookfield and EIG Partners have made a "best and final" offer for Origin Energy but major stakeholder AustralianSuper remains opposed.
Net zero policy to draw on national strengths: Chalmers
Critical minerals, battery manufacturing, renewable hydrogen and green metals have been flagged as net zero industry priorities by the federal treasurer.
BHP asserts green credentials despite backlash
BHP says its investment in critical minerals shows it is bringing about the clean energy transition but critics denounce the environmental impact of its mines.
Couple’s debt spirals after cousin’s house, land fraud
A Melbourne couple's debt has soared after their cousin defrauded them by offering a fake $388,000 house and land package, and pocketing the money for herself.
Widespread floods exposed insurance industry failings
A review of the response by insurers into the widespread and catastrophic flooding on the nation's east coast has found multiple weaknesses in the industry.
economy, business and finance
electricity production and distribution
energy
energy and resource
manufacturing and engineering
mining
politics
High-purity silicon from Townsville to power the world
Silicon for solar panels and batteries will be part of a green precinct for high-tech manufacturing to kickstart new supply chains and end China's dominance.
RBA warns of looming financial stability risks
Australia faces a number of emerging risks to financial stability that look quite different to those of recent decades, RBA assistant governor Brad Jones says.
Australian shares suffer worst month since Sept 2022
The local share market finished October down 3.8 per cent, its third straight month of losses and worst monthly performance in more than a year.
Australia’s new dawn: becoming a green superpower with a big role in cutting global emissions
The level of renewable energy required by the energy transition will see Australia's power prices fall to some of the lowest in the world.
Retail sales dig in with hotter than expected growth
The new iPhone model, government policies and unseasonably warm weather have all helped prop up retail sales ahead of a much-anticipated cash rate decision.
Boozers reach for cheap hooch as sales lag at Endeavour
Liquor retailer Endeavour Group says shoppers are switching to cheaper products at Dan Murphy's and BWS as the company struggles to keep up with competitors.
Electric LandCruisers expected to drive change in mines
Two climate companies are teaming up to put thousands more electric vehicles into Australian mines, with forecasts thousands will be in use by 2026.
Interest-free loans to power up demand for clean energy
Interest-free loans on solar panels and batteries will be offered by one major bank in a bid to make renewable energy affordable to more households.
Bank lending not helping Australia’s ailing environment
Australian Conservation Foundation research has questioned the lending practices of Australian banks and their impact on nature.
Strong competition as Vic economy ranked nation’s best
Economic activity, retail spending and business investment has catapulted Victoria to best performing economy in the nation but it faces stiff competition.
Industry backs patience on high-quality EU trade deal
Talks on a landmark free trade agreement between the European Union and Australia have collapsed following the latest round of negotiations.
Auction jump ahead of expected Cup day rate hike
An expected rate hike on Melbourne Cup Day has impacted the number of homes going under the hammer, with clearance rates tipped to jump.
Wine and spirit bottle refunds offered in Aussie first
Queenslanders will now be paid 10 cents for empty wine and pure spirit glass containers at the state's recycling stations, as the scheme expands.