Power shift as Indigenous people want clean energy say
Indigenous Australians are demanding a seat at the table in the clean energy sector and are turning to the Canadian experience as a positive model.
Economy, Business and Finance
Fresh insights into retail sector, housing market
Consumers have been reining in their spending in response to high interest rates and new data may signal a continuation of this trend.
Coal fires up Queensland’s budget surplus
Net debt has shrunk and the budget surplus has boomed, a report into the Queensland government's finances has revealed.
Australian stocks plunge again to new low for 2023
The local share market has finished at its lowest level in a year amid war in the Middle East, rising bond yields and expectations of more rate hikes.
Major car brand launches EV battery recycling plan
Kia Australia has partnered with a Melbourne company to reuse and recycle its electric car batteries when they start to power down.
Labor ‘gooses’ for failing to ban deadly silica stone
The Minns government has faced the largest protest in its existence after angry construction workers demanded engineered stone be banned.
Appliance sales switch off as economy slows JB Hi-Fi
Home appliance and consumer electronics sales fell for JB Hi-Fi and The Good Guys as the companies face a 'tougher retail trading environment'.
Casual worker changes threaten jobs: Wesfarmers chair
Corporate heavyweight Michael Chaney says proposed changes to Australia's labour laws would add complexity and cost.
Government faces global and local calls for tax reform
Australia should consider revenue raising options that are less vulnerable to an ageing population than income tax, the OECD says.
Woolworths shareholders revolt after two worker deaths
Woolworths Group shareholders have rejected the company's remuneration framework, saying bonuses should have been slashed more after the deaths of two workers.
One million homes targeted for energy upgrades by 2030
A three-year project aiming to improve energy efficiency in older Australian homes has kicked off with a bold goal to upgrade one million households by 2030.
RBA ‘wary’ more rate hikes needed to beat inflation
The head of the Reserve Bank admits decision-makers "don't know if the job is done yet" when it comes to interest rate tightening to combat inflation.
Hong Kong police visit raises concerns
Concerns have been raised about Hong Kong police officers touring Australia and meeting with the AFP after China cracked down on freedoms.
Heated inflation figures put rate hike firmly in play
The Reserve Bank may be forced to lift interest rates again as fresh inflation data suggests the fight is not yet over.
Buy now, pay later co Zip enjoying strong start to FY24
Zip Co has upgraded guidance, saying it expects to be cash earnings positive for 2023/24 after a strong first quarter.
Why the US is overtaking Australia on electric trucks
Tech giant Amazon has revealed a new electric truck milestone as Australia is changing laws to allow more low-emission heavy vehicles on our roads.
Lobster and beef on menu after China wine breakthrough
Australia will continue to push for the removal of restrictions on lobster and beef exports after a breakthrough on the trade dispute with Beijing over wine.
Australian shares hit new 2023 low as Mideast rages
The ASX200 has fallen 0.8 per cent to its lowest level in 51 weeks as fighting worsens in the Middle East.
Middle East conflict could lead to higher petrol prices
Australians could be facing higher petrol prices as the conflict in the Middle East escalates, Treasurer Jim Chalmers has warned.
Fingers crossed for soft enough inflation numbers
Inflation has passed its peak and quarterly data will indicate if prices have been decelerating fast enough for the Reserve Bank to keep interest rates on hold.
Albanese-Biden to turn AUKUS vision into reality
Prime Minister Anthony Albanese will use his official visit to Washington to turn the AUKUS vision of nuclear-powered submarines into a reality.
Spike in petrol prices adding to inflation pain
Australian motorists should not expect fuel price relief any time soon due to a weak exchange rate and volatile oil markets
Port of Darwin lease won’t be cancelled after review
A controversial 99-year lease held by a Chinese company on the Port of Darwin won't be cancelled or varied, following a federal government review.
Chinese diplomat ‘optimistic’ of wine trade resolution
China's ambassador is "optimistic" of a resolution for the trade dispute with Australia, as both nations consider the findings of a report on the issue.
Whitehaven to buy two coal mines for up to $6.4b
Whitehaven will pay up to $6.4 billion for BHP's Daunia and Blackwater coking coal mines in Queensland, transforming itself into a metallurgical coal player.
Australian stocks rise as China’s economy rebounds
The local share market has climbed for a second straight day, rising 0.3 per cent as China announced its economy grew faster than expected in the third quarter.
Transurban sees highest-ever traffic in first quarter
Transurban says 2.5 million motorists used its roads on average each day in the July to September period, up from 2.4 million in 2022/23.
Leaders and laggards ranked in electric vehicle race
Greenpeace has issued a report card for the world's top 15 traditional car makers and some of Australia's most popular brands scored low marks.
Jobs market ‘softens around the edges’ after rate rises
The unemployment rate has fallen to 3.6 per cent from 3.7 per cent, according to official data, after a modest 7000 jobs were added to the economy.
High Court’s EV ruling may pull the plug on other taxes
A High Court decision to rule Victoria's electric vehicle tax constitutionally invalid could leave similar levies vulnerable to legal challenge.
Qantas gives up on acquiring Alliance Aviation
Qantas has thrown in the towel on its attempt to buy charter operator Alliance Aviation after the deal was opposed by the ACCC.