Sombre retail sales likely as consumer pain persists
Prising open wallets has been tough as tough financial conditions batter households and retail sales figures are likely to show a continuation of the trend.
Economy, Business and Finance
Bird flu egg limits makes hash out of Macca’s breakfast
Egg shortages caused by bird flu have forced McDonald's to shorten its breakfast hours while the Melbourne Royal Show cancelled its poultry competition.
Supermarkets threatened with break-up for price gouging
The federal opposition has called for divestiture powers to break up major supermarkets if they have been found to be anti-competitive.
Labor to introduce signature manufacturing push
A multibillion-dollar plan to safeguard Australia's control over critical minerals and resources will be tabled in the House of Representatives.
Fire casts pall over future of coal mine and workers
Counselling has been offered to workers "traumatised" by an underground fire that has cast uncertainty over the future of a major coal mine.
Watchdog warning ends Google deal with Telstra, Optus
Telstra and Optus have agreed to stop accepting payments from Google under deals to pre-install the tech giant's search software as default on their phones.
Dutton threatens Coles, Woolies break-up over prices
The consumer watchdog could divest some of Australia's biggest brands if found to be price-gouging and anti-competitive, under a federal opposition proposal.
breaking_news
business (general)
business enterprises
consumers
internet
it/computer sciences
mass media
media
online
technology (general)
Telstra, Optus end Google deals after watchdog warning
Internet behemoth Google paid Australia's top two telcos to be the default search engine on Android phones for seven years, the competition watchdog has found.
Assange lawyer urges support for Hong Kong’s Jimmy Lai
Australia is being urged to back a campaign for the release of newspaper founder Jimmy Lai after Julian Assange won his bid for freedom.
Aust shares dip amid European, US election uncertainty
The ASX200 finished 0.2 per cent lower, despite strong gains for coalminers, amid an election in France, a looming vote in the UK and questions about Joe Biden.
Major coal mine’s future uncertain after fire shutdown
An Australian coal mine faces an uncertain future after an underground fire started when methane gas ignited, prompting authorities to start sealing the site.
Gambling reform ongoing, PM says, despite no ad ban
Anthony Albanese insists work is being done to implement reforms to stamp out problem gambling, one year on from a landmark report
Australia can do the ‘right thing’ in new press fight
Australia should join a new press freedom fight after a Hong Kong businessman was jailed during a crackdown on civil liberties, Julian Assange's lawyer says.
energy
energy (general)
energy and resource
energy resources
environmental issue
international (foreign) trade
metal
metal and mineral
mining
politics (general)
A Trump win could cost Australian exports, report warns
Critical minerals from Australia needed to fuel electric vehicles and renewable energy technology could fall in popularity depending on the US election outcome.
Lack of action to ban gambling ads ’embarrassing’
Crossbench MPs have reiterated calls to ban gambling advertising, bemoaning a lack of government action one year on from a scathing landmark report.
Silent Assange’s presence felt as lawyer takes stage
Julian Assange, who has not spoken publicly since release, is yet to comment on his plans after five years of solitary confinement in jail.
Average Australian house price hits almost $800,000
Soaring house prices might please home owners but for those trying to enter the market the odds are stacked against them as chronic housing shortages persist.
Workers evacuated from central Qld mine after fire
Workers at the underground Grosvenor coal mine in central Queensland have been evacuated after a fire, which is under investigation.
Aussie sailors sub off US repair ship for home visit
Australian sailors learning trade secrets onboard a "floating submarine base" coasted into Sydney Harbour on a US ship, developing the AUKUS defence pact.
Second budget surplus in reach as inflation runs hot
Another forecast budget surplus would help in the fight against rising prices, says the government amid pressure over the latest hot inflation readout.
Loggers more active inside koala park than out: claim
Analysis shows 11 of the 20 active logging operations under way in northern NSW are in areas earmarked for a sprawling koala park, conservation groups say.
Nine to cull 200 jobs in latest mass media lay-offs
The publisher of The Sydney Morning Herald and The Age plans to trim its staff by about four per cent after Meta declined to renew a lucrative content deal.
Aust shares set for positive close to financial year
The ASX200 was up 0.8 per cent at midday, on track to finish June with a 1.4 per cent gain and the financial year with an 8.4 per cent rise.
Greenlight for ANZ’s takeover of Suncorp’s banking arm
ANZ's multibillion-dollar deal to buy Suncorp's banking arm is full steam ahead after federal Treasurer Jim Chalmers approved the plan.
‘Whole series of data’ before next rates call: RBA
The Reserve Bank's outlook on inflation is little changed and more data is needed to build a fuller picture of the economy, the deputy governor says.
Why Australian news could be banned from Facebook again
Banishing Australian news content from Facebook could devastate media outlets and disadvantage audiences, an inquiry into social media has heard.
business (general)
computing and information technology
employee
it/computer sciences
online
research
science and technology
technology (general)
Two in three Australian workers ‘using AI to save time’
Survey results showing rapid AI uptake in Australian workplaces come with a warning that the time-saving trend could be putting sensitive business data at risk.
Any power cost reductions must flow to households: ACCC
Aussies are using less power and producing more rooftop solar to cope with energy costs, the consumer watchdog finds, urging retailers to share cost reductions.
‘Not open to negotiation’: New homes face delays
Australia's housing minister has not said whether she believes having a home should be a human right, as a political gridlock delays building new homes.
Lehrmann one of Australia’s most hated men, lawyer says
Media "harassment" has forced Bruce Lehrmann to move interstate and left him unable to defend himself in a $20,000 property dispute, a tribunal has been told.
Minister blasts power plant advice after explosion
Queensland Energy Minister Mick de Brenni says he had been given incorrect maintenance advice by operators of a power plant after a catastrophic explosion.