Calls to cut flight caps to lower prices, boost tourism
Removing a cap on the number of international flights coming into major airports would lower ticket prices and increase quality, an inquiry has heard.
Removing a cap on the number of international flights coming into major airports would lower ticket prices and increase quality, an inquiry has heard.
The local share market has fallen 1.4 per cent to close at its lowest level since early July after the Federal Reserve sounded hawkish on interest rates.
The new chief of Qantas has apologised to Australians for poor service as a Senate inquiry was told the airline had acted like it was "above the law".
Qantas chairman Richard Goyder says customers have lost trust in the airline and flagged action on executive salaries, which could cost Alan Joyce millions.
Former competition watchdog chair Allan Fels is scrutinising the connection between corporate price setting and profits and current high inflation.
A parasitic mite that preys on bees has spread so far beyond a containment zone that authorities have been forced to switch to a suppression strategy.
The declaration of an El Nino event alongside a second driver of dry weather could prove to be another spanner in the works in the fight against inflation.
Australian Tesla buyers will be offered discounted green loans on the vehicle maker's website as part of a deal with the Commonwealth Bank.
Treasurer Jim Chalmers is set to release the Employment White Paper setting out policies to put secure jobs in reach of more Australians.
Energy Minister Chris Bowen has seized on modelling to attack the coalition's commitment to nuclear energy, saying it'd cost hundreds of billions of dollars.
Electric cars are forecast to become cheaper to buy than petrol cars in some countries within one to three years but subsidies can speed up progress.
The local share market finished down 0.7 per cent at the start of a week that will feature meetings by six central banks and minutes from the RBA.
Qantas is an "exceptionally aggressive competitor", a parliamentary hearing into Qatar Airways' failed bid for extra flights into Australia has been told.
The Reserve Bank of Australia appears comfortable with the inflation outlook but there are concerns about petrol prices and a weakening Chinese economy.
With drier and hotter weather patterns confirmed some Aussie farmers are already in drought.
Emerging car brands including BYD, LDV and Polestar are challenging big automotive names, with experts saying the competition could bring down prices.
NSW residents will soon be handed the first Labor state budget in more than a decade, with promises of short-term relief and long-term reforms.
Stretched households have been told they can expect more help as the NSW government prepares to deliver its first budget since the election.
Higher interest rates are yet to make a serious dent in Australia's jobs market, with a larger-than-expected surge in employment recorded.
Australian businesses have been warned unions are ready to mobilise against unfair work conditions after a High Court ruling against Qantas.
A Melbourne road has come out on top of a list of Australia's most dangerous crash hotspots for the sixth year running.
Australia's second biggest electric vehicle brand is opening "megastores'' around the country to educate motorists about the next-generation technology.
Myer has total sales of $3.37 billion in 2022/23, its most since 2005, but sales are down so far in the new fiscal year as consumers tighten their belts.
The prime minister has told industry leaders they must move towards renewables or watch as the world passes Australia by.
Beekeepers say recent detections of the varroa mite show attempts to eradicate the parasite have failed and the industry must learn to live with it.
A senior minister has refused to release documents about rejecting more Qatar Airways flights but the deputy prime minister insists "there's nothing to hide".
People are struggling to find rental accommodation because a lot of housing stock is being listed on sites such as Airbnb, Greens leader Adam Bandt says
                A Melbourne university student has claimed the national James Dyson Award for his kit that could turn petrol cars into hybrid vehicles.
Sacked Qantas workers will be aiming for compensation after the High Court found the airline's decision to outsource their jobs was illegal.
        
        
        
            
                
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            The financial hit from catastrophes may have dropped over the past 12 months but insurance premiums keep rising, an industry report shows.
Australian businesses are still faring relatively well but consumers remain fearful, despite the interest rate hiking cycle drawing to a close.