Joyce to step down immediately as Qantas CEO
Qantas chief executive Alan Joyce will leave his job immediately - two months earlier than expected - to allow the airline to "accelerate its renewal".
Economy, Business and Finance
Workplaces using labour-hire loophole put on notice
Proposed changes to workplace relations laws have angered employer groups, as the federal government warns bosses against using loopholes to undercut pay.
RBA primed for rate pause but more hikes not ruled out
Inflation is tracking in the right direction and is expected to embolden the Reserve Bank to keep interest rates on hold in September.
RBA primed for rate pause, but more hikes not ruled out
Inflation is tracking in the right direction and is expected to embolden the Reserve Bank to keep interest rates on hold in September.
Horticulture and sugar hit give crop production a boost
The latest agricultural commodities and crop forecast shows the sector remains strong despite drier times ahead, with exports tipped to fall after record years.
Tabcorp cops record fine for holding up outage probe
Tabcorp has been slugged with a big fine for holding up a probe into an outage which left its system unavailable during a spring racing carnival.
Man who ran illegal airline for MPs has minor court win
A man who operated two air charter services and flew Queensland state and federal MPs without the proper paperwork has appealed his fraud convictions.
Early Joyce departure hands controls to new Qantas CEO
Qantas has a new chief executive after Alan Joyce stepped down two months earlier than expected to allow the airline to "accelerate its renewal".
Qantas boss exits early, as political stoush lifts off
The exit of Qantas CEO Alan Joyce two months earlier than planned has not stopped a political pursuit of the government over aviation policy.
Reserve Bank keeps rates on hold for third month in row
Interest rates will stay unchanged at 4.1 per cent in September after outgoing RBA chief Philip Lowe's final cash rate decision.
Albanese jets to Asia for international summit season
The prime minister is launching Australia's Southeast Asia economic strategy to 2040 on a trip that includes the ASEAN, East Asia and G20 summits.
Watchdog seeks record fine for Qantas cancelled flights
The head of the consumer watchdog wants Qantas to face a fine of $250 million if a cancelled tickets case against it is successful.
Tesla upgrades its cheapest electric car in Australia
A bonus touchscreen, better lighting and new shape: Tesla has unveiled upgrades for its Model 3 vehicle in a move that could drive more electric sales.
Millions of illegal cigarettes, vapes seized in raids
A man faces dozens of charges after a money laundering and illegal tobacco operation netted millions of cigarettes and vapes in raids in southeast Queensland.
Pharmacists shelve medicines campaign as talks begin
The federal government has entered into talks with the peak body representing pharmacies as its 60-day medicine dispensing policy kicks off.
Aust stocks rise for second day in relief rally
The local share market has closed 0.7 per cent higher, with Wesfarmers climbing its farthest since February 2022.
Flight Centre profit takes off as prices lose altitude
Alongside its first positive earnings result since 2019, Flight Centre predicted airfares to moderate and urged the government to allow greater competition.
Tesla reveals plans to ‘Supercharge’ Australian EV use
Australia's leading electric vehicle brand will open almost half of its charging network to vehicles from other brands in a bid to boost the market.
Refunds after holidaymakers overcharged for electricity
Holidaymakers will be refunded more than $30,000 after a company admitted overcharging them for electricity at a complex on the Sunshine Coast.
Government concedes climate change may impact bonds
The Australian government has agreed to a proposed settlement, conceding climate change may affect the value of its bonds, to end an investor class action.
Toyota to test electric ute, delays first electric car
Toyota's first electric car will not arrive in Australia until next year but the popular brand says it is working on other green vehicles.
air transport
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consumer issue - macro economics
consumers
economy, business and finance
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Qantas jettisons flight credit deadlines, faces new row
Qantas has scrapped the expiration date for nearly $500 million in flight credits but faces more public backlash with a watchdog taking the airline to court.
Sales down at Harvey Norman as cost of living bites
Harvey Norman is confident its strong balance sheet can see it through a consumer slowdown, even as falling sales cause profits at the retailer to tumble.
Snowy Hydro confirms project’s six-fold cost blowout
Snowy Hydro says its Snowy 2.0 project will now cost $12 billion, six times more than was originally forecast for the energy scheme.
Big loss renews Australia Post’s open letter for reform
Australia Post has renewed a plea to update its charter after the government-owned enterprise lost $384 million delivering letters in the past financial year.
Transport tsar reveals Minns friendship, Labor links
The NSW transport secretary has denied there is any conspiracy behind his appointment and declared Chris Minns a friend, which the premier later downplayed.
Senate push to force minister’s hand on flight decision
The government will face a push to reveal documents pertaining to the decision to block Qatar Airways from flying extra routes after being lobbied by Qantas.
Confidence edges higher but consumers remain wary
A pause on interest rate hikes has failed to substantially lift consumer spirits with a key index remaining below levels seen during COVID-19 lockdowns.
Casino operator Star posts $2.4b loss despite tax boost
Embattled gambling company Star Entertainment Group has recorded a $2.44 billion full-year loss after it was hit by regulatory and legal action.
Aust stocks rise for second day after US relief rally
The local share market was on track for its second day of gains at midday, with Wesfarmers hitting its highest level since February 2022.
Qantas boss defends profit as senators press on prices
Qantas chief Alan Joyce acknowledges Australians are doing it tough as he defends the airline's billion-dollar profit and suggests cheaper tickets solutions.