Premier points finger at supermarkets over probe ‘snub’
Coles and Woolworths have been grilled by Queensland Premier Steven Miles after he made a surprise appearance at a supermarket pricing inquiry.
Economy, Business and Finance
budgets and budgeting
company information
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
mining
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
transport
Industry rebuffs calls to slash fossil fuel subsidies
Fossil fuel subsides are increasing and undermining Australia's climate efforts, a think tank says, but energy producers insist they're paying plenty of tax.
Treasurer promises more relief alongside tax cuts
With long-awaited stage three tax cuts set to drive cost of living relief in the budget, Treasurer Jim Chalmers has given an assurance more help is coming.
‘A punch in the guts’: live sheep export trade to end
Farmers have been left fuming after the Albanese government confirmed the export of live sheep by sea will be banned in Australia from May 2028.
Chalmers threads budget needle with difficult economy
Treasurer Jim Chalmers is confident he can beat inflation in the near term while gearing up for growth in a low-carbon world in his government's third budget.
Bonza buyer interest claim despite sky-high $110m debt
Bonza's first creditors' meeting has painted a dire financial picture, including debts of more than $110 million for the troubled budget carrier.
Air Vanuatu liquidation prompts Virgin flight boost
The national airline of Vanuatu has been placed into liquidation after cancelling all flights to and from Sydney and Brisbane.
Cattle group to fight EU’s beefed up deforestation laws
Cattle producers will come up their own version of deforestation ahead of tough new EU laws, but conservationists warn it threatens to exacerbate the problem.
Air Vanuatu cancels Australian flights amid cash woes
The national airline of Vanuatu has cancelled all its flights to and from Sydney and Brisbane for the rest of the week amid reports of financial difficulties.
Cost of living, net-zero industries focus of May budget
The third federal budget under the Albanese government will be handed down on Tuesday and a number of measures have already been unveiled.
company information
diesel fuel
economy, business and finance
energy
energy and resource
oil and gas - downstream activities
transport
Refineries pumped on high-value, ultra-low sulphur fuel
Upgrades are on track for producing ultra-low sulphur fuel suitable for the latest European and American cars, an Australian refiner says.
Bonza’s planes fly off as customers, workers in lurch
Embattled budget carrier Bonza remains in limbo as its newly appointed administrators finalise plans for a creditors' meeting.
economy, business and finance
electricity production and distribution
energy
energy and resource
international (foreign) trade
natural gas
politics
‘Unsafe future’: Australia commits to decades more gas
Critics say a plan to lock in gas as a long-term source of energy and export revenue will damage the environment and blow up Australia's climate targets.
auto trends
automotive equipment
consumer issue - lifestyle and leisure
consumer issue - macro economics
economic policy
economy (general)
road transport
transport
Australia’s love of big vehicles comes with big costs
The popularity of large SUVs and utes is driving higher costs, a report reveals the average household's annual spending on transport has risen by 10 per cent.
Jobs boom beats expectations but weakness incoming
Australia's workforce is expected to keep getting bigger even as the economy slows, forecasting excerpts from the upcoming federal budget show.
alternative energy
economy (general)
energy
energy and resource
energy resources
environmental issue
exports
global warming
natural resources
Australia could cut global emissions with green metals
Australia could remove much more than its share of greenhouse gas emissions by using its natural advantages, a business leader argues.
Treasurer worried about home building pipeline
Not nearly enough houses are being built to meet growing demand but the federal government is still confident it can meet its 1.2 million homes target.
Treasurer talks tough as airport rail stoush deepens
A fresh shot has been fired at Melbourne Airport by Victoria's treasurer who suggests the government could partner with a rival if it doesn't deliver projects.
Researchers cheer quantum leap on silicon breakthrough
University researchers say they have made a breakthrough in quantum technology that could pave the way for reliable, powerful computers.
auto trends
automotive equipment
consumer goods
environmental issue
environmental politics
environmental pollution
politics (general)
road transport
transport
Gas guzzler or petrol pincher: call for better car data
A green group says drivers should be given more information about the vehicles brought to Australia under the upcoming New Vehicle Efficiency Standard.
Bonza cancels more flights as fleet poised to soar away
A creditors' meeting for cash-strapped airline Bonza is due to be held within days after its administrators applied to a court.
High steaks: PM launches drought fund at Beef Week
More than half a billion dollars will be allocated for projects helping farmers prepare for drought and to boost their capacity to adapt to climate change.
Australia’s housing woes to be focus in federal budget
The plight of struggling renters will be addressed in the upcoming federal budget, Treasurer Jim Chalmers says.
Groceries inquiry backs breaking up major supermarkets
Supermarket price gouging should be illegal and there must be laws to break up major retailers that abuse their market power, a Senate committee has found.
Rates on hold but RBA ‘vigilant’ to inflation risks
Mortgage holders have been spared more interest rate pain but emerging inflation risks have the Reserve Bank on high alert.
‘Under the pump’: expenses help for battling families
Cost-of-living support will be a key focus in the Albanese government's third federal budget, which will be handed down next week.
Body found after man overboard on Sydney-bound cruise
Authorities have found the body of a man who went in the water from a P&O cruise ship in waters off Sydney.
‘Unacceptable’: phantom flights cost Qantas $120m
Qantas has been fined $100 million and will be forced to pay customers a further $20 million for selling tickets for flights that were already cancelled.
AOC prepared for disruptive activities at Olympics
Australian Olympic Committee officials have briefed athletes and their families about security and potential disruptions at the Paris Olympics.
No bailout for Bonza as more than 300 staff stood down
Passengers and more than 300 staff are in limbo after administrators grounded Bonza's planes, with the government rejecting a bailout for the penniless airline.
Hybrid sales charge ahead as electric cars slow down
Aussie drivers have snapped up a record number of new vehicles in 2024 despite challenging economic conditions, with big and hybrid vehicles popular.