Electric rideshare cars cut pollution but not traffic
A new study reveals trading petrol for electric ride-share cars could significantly cut vehicle emissions but may increase traffic congestion.
Economy, Business and Finance
economy, business and finance
electricity production and distribution
energy
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environmental issue
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mining
AGL accelerates big batteries to drive energy change
Australia's top emitter AGL Energy expects the popularity of electric cars to accelerate and drive increased consumption of energy that must become green.
Fire ants: the war Australia can’t afford to lose
Australia's red fire ant invasion is more than 20 years old but people are yet to grasp how everyday life will change if efforts to defeat the super-pest fail.
ANZ, Suncorp agree to major investments in Queensland
ANZ is promising to establish a major tech hub in Brisbane while Suncorp says it will establish a new disaster response centre at its headquarters there.
Profit upgrade electrifies AGL Energy, power bills soar
AGL Energy says it will spend more than $10 billion over the next decade to exit coal but high wholesale power prices mean profits will more than double.
Retail Food Group says rate hikes slowing sales growth
Retail Food Group says sales growth has moderated to just 2.2 per cent over the past 21 weeks.
AGL Energy accused of manipulating electricity prices
A class action alleges AGL Energy intentionally increased the price of wholesale electricity by "gaming" the market, hitting consumers with higher power bills.
Aussie gambling rates rebound to pre-pandemic levels
Gambling levels in Australia that dropped during the height of COVID-19 restrictions have returned to pre-pandemic levels, a study has revealed.
Steep rate rises cleared for NSW councils
Some NSW councils will be able to increase rates this year by more than a third as many local governments struggle with financial pressures.
Truck drivers protest at Aldi over safety standards
Transport workers are protesting at Aldi stores as the union says the German supermarket giant is putting drivers under pressure.
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consumers
economy, business and finance
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Gas code promises secure supply at ‘reasonable’ prices
A code of conduct will be imposed on gas producers to avert future price shocks for consumers but the industry fears it could stymie investment in new supply.
Consumer confidence plunges to another three-year low
The latest interest rate rise has knocked consumers around and caused sentiment to sink closer to levels last seen at the start of the pandemic.
Nationals call for a pause in power lines project
The Nationals and Victorian farmers have called for a pause in the construction of transmission lines through farms, citing a lack of consultation.
Greens refine demands on $10 billion housing fund
Negotiations continue over the federal housing fund with the Greens urging Labor to meet them halfway to secure the party's support.
Hunt for cattle thieves as Angus cows and bulls stolen
Dozens of Angus cows and bulls have been stolen from a remote paddock in Queensland where police have described cattle theft as a "deplorable act".
Insurance issue flagged before Porter Davis collapse
A Victorian working group identified a number of short-term measures to fix the construction industry months before Porter Davis went into liquidation.
Treasurer tells miners to respect those doing in tough
The mining lobby should "show some respect" to people doing it tough and not complain about paying a little more tax, Queensland's treasurer says.
Regional Queenslanders brace for power price misery
Regional Queensland faces the highest power bill hike in the country after the state's regulator ruled for a household increase of up to 29 per cent.
Uber service to give more Aussies electric car access
Uber is launching a green rideshare option in Australia in a move experts say will give some people access to their first ride in an electric vehicle.
Inflation-beating pay rises can’t be widespread: RBA
RBA governor Philip Lowe says the lowest-paid workers need to be insulated from high inflation but a surge in wages across the board could be a problem.
One Australian state junks $3000 electric car discount
Victoria is scrapping its electric vehicle subsidy almost one year earlier than planned in a move experts say could impact efforts to cut transport pollution.
Renewables relief deal to help curb power price surges
The promise of cheaper energy bills in the future could be too late for many Australian households concerned about powering their homes this winter.
Australia willing to walk away from EU deal: minister
Australia was prepared to pull the pin on trade talks with the European Union if negotiations broke down further on the naming of cheeses and wine.
Qantas and Jetstar to take off from Western Sydney
Domestic flights will be operating from Sydney's new international airport in late 2026, with Qantas and Jetstar the first airlines to sign up.
Race to renewables as households face power bill hikes
Plans are under way to cut emissions and reduce prices but some energy company heads say a lack of renewable supply and investment threatens to increase costs.
New blow for home owners as interest rates rise again
The battle against inflation is not over yet as the Reserve Bank board hikes again and takes the cash rate to its highest level since April 2012.
Off-grid hydrogen box could replace diesel generators
A shipping container-sized energy system has been developed by hydrogen startup Endua for remote sites, potentially eliminating millions of diesel generators.
Gill net fishing to be banned on Great Barrier Reef
The Great Barrier Reef will be gill net-free by mid-2027 under a $160 million licence buyout plan unveiled by the federal and Queensland governments.
Treasurer maintains growth view despite fresh rate hike
A recession is still unlikely, the treasurer asserts despite fears the Reserve Bank's aggressive interest rate hikes could tip the economy over the edge.
High-speed rail appointments to put major plan on track
Board appointments for the new high-speed rail authority have been announced and will oversee the proposed fast train network on the east coast.
One in two drivers revving up for an electric vehicle
Many Australian motorists are considering an electric vehicle, according to new research which also shows few think they will own a petrol car by 2040.