Transurban CEO steps down after 11 years at the wheel
As toll road operator Transurban released record earnings results, CEO Scott Charlton says he will step down from the role he has held for almost 11 years.
Economy, Business and Finance
Fresh push to ban junk food ads on Vic public transport
The Victorian government has been urged to place a ban on junk food and drink advertisements across the state public transport network.
Record ninth consecutive increase to official cash rate
The Reserve Bank of Australia has announced a 25 basis point rise in the cash rate, taking it to 3.35 per cent - the highest since September 2012.
Australian stocks fall as Reserve Bank turns hawkish
The Australian share market has fallen 0.5 per cent, notching its worst loss in a month after the RBA indicated it would keep hiking rates.
Barrier Reef fears sink Palmer’s push for new coal mine
A central Queensland project proposed by Clive Palmer has become the first coal mine to be refused under national environmental laws.
AGL Energy posts first-half loss amid decarbonisation
AGL Energy has posted a first-half loss, citing the cost of decarbonisation, outages and challenging energy market conditions.
AGL Energy slams government intervention, posts H1 loss
AGL Energy has posted a first-half loss, citing the cost of decarbonisation, coal plant outages and challenging energy market conditions.
Treasurer confident worst of inflation has passed
The federal government is adamant that while the coming economic year will be tough, inflation is heading in the right direction.
Premier reveals ‘life-saving’ cashless pokies reform
All poker machines in NSW will be cashless within five years under a proposal by Premier Dominic Perrottet, who says the change will protect vulnerable people.
Inquiry slams Barilaro hiring as ‘job for the boys’
Former NSW trade minister Stuart Ayres was not at arm's length in the appointment of John Barilaro to a plum US trade job, a parliamentary inquiry has found.
Downer EDI chosen to make 65 trains in regional Qld
Downer EDI is the preferred supplier of 65 new Queensland trains at a new hub in the city of Maryborough with a contract to be signed next month.
Struggle to survive in Torres Strait Island ‘paradise’
Traditional owners in the Torres Strait Islands are being forced to leave their archipelago homes amid the soaring cost of living and lack of housing.
Spongiest city no match for deadly ‘atmospheric river’
Extensive flood devastation in Australia and New Zealand is calling into question the design of cities that should keep millions of residents out of harm's way.
Electric car tax cuts are fuelling demand and delays
Demand for electric vehicles is speeding up in Australia, fuelled by tax cuts, but one policy is putting the brakes on progress.
RBA decision tipped to deliver more mortgage pain
Another interest rate hike is expected when the Reserve Bank board meets on Tuesday for the first time in two months.
Consumer complaints continue to trail pandemic
Consumer complaints in Queensland continue to eclipse pre-pandemic levels, with the Office of Fair Trading clawing back $11.2 million for disgruntled customers.
Ex-minister misled public: Barilaro trade job report
Former NSW trade minister Stuart Ayres was not at arm's length in the appointment of John Barilaro to a plum US trade job, a parliamentary inquiry has found.
NSW premier unveils five-year cashless pokies reform
All poker machines in NSW will be cashless within five years under a proposal by Premier Dominic Perrottet, who says the change will protect vulnerable people.
Consumers tighten belts amid interest rate rise squeeze
The latest retail figures show Australians are tightening their spending, falling 0.2 per cent in the December quarter.
EV boom! Electric car sales tipped to be led by Baby Boomer generation
Australians from older generations are most likely to buy new generation electric vehicles, according to a new study, that also found car costs are rising.
Price pressures may ease but mortgage cliff looms
Inflation is likely to start easing but many mortgage holders face higher repayments once their fixed-rate terms expire, a living costs committee has been told.
Home values slide further but regions prove resilient
The property downturn is hitting capital cities harder than regions, suggesting higher demand has become permanent for regional markets.
Barilaro’s office denied bushfire funds in Labor seats
The NSW auditor‑general's report on bushfire recovery grants has found John Barilaro's office excluded Labor electorates from urgent funding.
Bonza takes to the sky with first Australian flight
Australia's new low-cost airline is officially airborne, with the first flight taking off from its base on the Sunshine Coast.
Global growth outlook slightly healthier, says IMF
The outlook for the global economy has improved marginally, with inflation likely past its peak and trending down over 2023 and 2024.
Shoppers urged to swoop on glut of premature pineapples
Pineapple farmers are struggling to keep up with a prematurely ripened crop and fear millions of tonnes of Australian fruit will be left to rot in fields.
Australia’s AAA rating affirmed
Strong demand for Australia's energy exports and the strong labour market have kept upwards pressure on the country's sovereign credit rating.
Greens threaten to derail emissions clamp
Labor's plan to reduce the ceiling on carbon emissions for some big companies doesn't go far enough, the Greens say.
Wholesale energy prices, emissions falling
Wholesale electricity prices and carbon emissions dropped in the December quarter as solar and wind became "most valuable player" in the Australian market.
Petrol set to soar before public holiday
Petrol prices are edging up in many parts of Australia before the January 26 public holiday.
Broker jailed for stealing clients’ shares
Former Queensland stockbroker Roderick George Halligan stole $1.2 million in shares from clients and used fake documents to conceal the thefts for 12 years.