Farm incomes to tumble as drier conditions take hold
Farm incomes are expected to fall this financial year due to drier conditions and lower prices, the federal government's agricultural forecaster says.
Farm incomes are expected to fall this financial year due to drier conditions and lower prices, the federal government's agricultural forecaster says.
Australian renters are getting closer to the maximum they can afford, with as many as 70,000 rentals needed to bring the market into a healthier balance.
Damaged and faulty e-scooters and e-bikes are catching fire at an alarming rate in Australia, experts have warned, after a blaze in a Sydney hostel.
Australian motorists have set a record for car sales in September, with SUVs making the greatest impact, representing more than half of all new vehicles.
The Australian services sector continues to bring in a lot of new business even as interest rates remain high and consumers start to pull back.
Both the local share market and the local currency have dropped to their lowest levels since November as bond yields soar to fresh 16-year highs.
The local share market has closed 0.2 per cent lower in quiet Monday trading with a long weekend holiday observed much of the country.
Borrowers have been spared further mortgage pain but one more interest rate hike or a longer stretch on hold may be needed to wrangle inflation under control.
The ASX200 has slumped to its lowest in six months and the dollar to its weakest since November, despite interest rates staying on hold.
Carbon offsets should be used as a last resort and limited to Australia's heaviest polluters, conservationists warn the federal government.
Global electric car sales rose by almost 50 per cent this year and while Australian sales are increasing they are still well below the world average.
Delays in approving about 40 new gas projects could risk supply and flow onto power bills, an energy chief says.
The local share market was down 0.1 per cent at midday, in quiet trading with the long weekend holiday affecting much of the country.
Home values continue to rise but growth has slowed amid more advertisements for stock and the toll of higher interest rates and cost of living pressures.
More space for passengers but no rear window: this is how electrification will change the size, shape, and character of cars of the future.
Australia's housing market has fully rebounded from recent lows as several major cities achieve new price peaks due to buyer and seller confidence.
A long-time engineering and construction contractor to oil and gas giants says it has a chance to play both sides of the energy and resources transition.
More than 10,000 home buyers have taken advantage of a federal scheme to buy their first property in regional areas in the first year of the program.
Conservationists have ridiculed a salmon industry plan to try to artificially boost oxygen levels in a harbour where an endangered fish is barely hanging on.
coal
economy, business and finance
energy
environmental issue
international (foreign) trade
iron and steel
metal and mineral
mining
A report has found India will reduce its dependence on Aussie coal in steel furnaces as the price of green hydrogen comes down and carbon penalties go up.
Consumers appear to be spending more cautiously in a sign the Reserve Bank's mission to reduce inflation is working as intended.
A revamp of Australia's privacy laws will target "dark patterns" that lead to online users consenting to more intrusions than necessary.
The local share market has finished the week down 2.9 per cent in its worst this year, but ended the day slightly higher after recouping heavy early losses.
Politicians, many of whom have been in the firing line of Rupert Murdoch's media empire, have given mixed reactions to news of his retirement.
Regional carrier Rex Airlines is blaming Qantas and other competitors for "pillaging" pilots as it further reduces flights between country towns and the cities.
Households in regional and remote areas are benefiting most from faster broadband, which is also creating more jobs, according to a report.
Tony Abbott has been nominated to sit on Fox Corporation's board of directors, a day after media mogul Rupert Murdoch's retirement plans were unveiled.
A 24-year-man has been jailed for assaulting passengers on a flight from Queensland before punching the inside of an aircraft.
consumers
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
government
laws
metal and mineral
mining
politics
Mining companies are among big energy users bankrolling wind farms and other renewable energy projects to offset carbon emissions.
The federal government is considering a range of creative options to ensure Australia has the personnel it needs to fight worsening bushfires.
The monthly reading of consumer prices is expected to move up a little to reflect higher prices at the pump, potentially complicating efforts to curb inflation.