Five areas earmarked to boost living standards, wages
Treasurer Jim Chalmers says Australia is one of the nations best-placed to respond to global economic headwinds, given the strength of its labour market.
Economy, Business and Finance
BHP warns on tax, productivity after plunge in profits
Profits and dividends are down at BHP on lower commodity prices, but the mining giant says it is managing inflationary pressures better than its rivals.
Woodside fatality, safety lapses mar strong first half
Woodside has reported a six per cent jump in profit to $A2.7 billion, but the death of contractor Michael Jurman has overshadowed its strong performance.
Coles profits rise as consumers skimp on eating out
Consumers are increasingly turning to supermarkets to ride out the cost-of-living squeeze, with Coles experiencing strong growth in sales revenue.
‘Right chair for the right time’: Ita’s ABC term to end
The ABC will get a new chairperson in 2024 after Ita Buttrose confirmed she won't seek a second term as head of the public broadcaster.
‘Use it or lose it’: Qld treasurer warns BHP on leases
BHP has been warned to "use or lose" its Queensland mining leases as the treasurer continues his stoush with miners over the government's royalties regime.
IAG reports ‘solid year’ as net profit jumps
Insurance giant IAG says it made $832 million in 2022/23, up from $347 million the year before, as it works to become a stronger and more resilient company.
Skills week an olive branch to change in career pace
If work has got you down and the daily grind is feeling bleak, an olive branch and new profession is being offered ahead of national skills week.
Australia’s care workforce to soar as population ages
Australian life expectancies will continue to hit an advanced age, with a key sector of the economy expected to grow as a result, a key report shows.
Australian shares suffer worst week in nearly a year
The local bourse finished the day flat to conclude the week down 2.6 per cent, its worst since a 3.9 per cent sell-off for the week ending September 2.
Queensland splashes millions to lure business to bush
The Palazczuk government is spending $80 million on a package to boost business and investment in regional Queensland.
Major parties to face pressure on tackling tax reform
Australians facing a cost-of-living crisis want to see tax reform but an independent senator says major parties are unwilling to have the conversation.
Next day delivery as Aust Post launches metro service
Australia Post will launch next day deliveries across three metropolitan cities to keep up with growing consumer demands.
Inflation, currency headwinds take toll on CSL’s profit
Australia's third-largest company has reported a three per cent drop in net profit after tax, but CSL says plasma collections hit record levels.
Dad’s letter to Rinehart: ‘please leave me in peace’
Gina Rinehart's father, mining pioneer Lang Hancock, wrote to his daughter in a bid to sever their ties amid a bitter dispute in the years before he died.
Climate experts go cold on platform now known as X
Environment, climate and biodiversity experts are leaving the social media network formerly known as Twitter in huge numbers, a study reveals.
Transurban names new CEO, ups distribution 41pct
Toll road operator Transurban says current chief financial officer Michelle Jablko will replace Scott Charlton as CEO in October.
Endeavour Group raises a glass as profit lifts to $529m
The company that owns Dan Murphy's, BWS and more than 300 licensed pubs in Australia has lifted its profit even as consumers grapple with economic pressures.
Australian shares suffer worst losses in six weeks
The local share market has finished down 1.5 per cent, with the technology, financials and materials sectors suffering even greater losses.
Weakness in economy continues as rate rises bite
With the labour market at a "turning point", a leading index of Australia's economic activity has produced its longest run of negative results in seven years.
Alleged Rinehart plan to boost wealth at kids’ expense
Gina Rinehart allegedly tasked the forerunner to PricewaterhouseCoopers with a "special project" to undo her father's legacy at the expense of her children.
coal
company information
consumers
economy, business and finance
electricity production and distribution
energy
energy and resource
natural gas
Little relief for consumers as Origin posts $1b profit
Origin Energy expects another tough year for cash-strapped customers after posting an FY23 net profit of $1.06 billion as it prepares for a foreign takeover.
Telstra gets mobile and calls in full-year $2.1b profit
Telstra chief executive Vicky Brady says Telstra's T25 strategy is on pace to deliver most of its objectives.
Australian shares drop again, dollar takes a tumble
The Australian share market closed down 0.7 per cent to a five-week low, while the local currency had dropped under 64 US cents on a weak jobs report.
Rinehart’s row with son: ‘throw him under the bus’
Australia's richest person Gina Rinehart has been accused of making threats, intimidation and lying during a bitter family dispute over Lang Hancock's legacy.
Call for more electric utes, chargers in regional towns
Australia needs policy changes, more vehicle chargers and a bigger focus on regional areas to catch up to progress in low-emissions transport.
Magellan names new chairman amid big drop in profit
Andrew Formica will take over as Magellan chairman from Hamish McLennan as the fund manager announced its full-year profit dropped 57 per cent to $174 million.
construction and property
economy, business and finance
environmental issue
global warming
insurance
politics
real estate
Home insurance out of reach as climate disasters surge
The biggest rise in premiums in 20 years has raised concerns households may forego insurance and be even harder hit when the next disaster strikes.
Gina Rinehart defrauded her children, lawyer alleges
Billionaire Gina Rinehart committed fraud with iron ore mining tenements now worth billions of dollars, a lawyer for her two eldest children has told a court.
JB Hi-Fi full-year profit dials down to $524m
Electronics retailer JB Hi-Fi says sales were up 4.3 per cent to $9.63 billion for the 12 months to June 30, but costs rose even more.
Consumer sentiment softens as businesses seek lifeline
As business conditions and consumer sentiment soften across the country, operators are looking to credit cards to manage their finances, but there are pitfalls.