States asked to step up on power prices
Ahead of a national cabinet meeting on energy prices, states have warned the federal government against passing the buck on the issue.
Economy, Business and Finance
Bank of Queensland addresses CEO’s exit
George Frazis' sudden removal as CEO last week was "not ideal," Bank of Queensland's chairman has conceded to shareholders at its AGM.
Big wet fails to dampen farm production
Australian agriculture remains on track for an outstanding 12 months despite flooding across the east coast taking its toll, according to official forecasts.
agriculture
coal
economy, business and finance
energy
energy and resource
mining
natural gas
oil and gas - upstream activities
politics
renewable energy
Call to cap diesel rebate, sting oil firms
Experts warn subsidies for coal- and gas-fired plants could derail cleaner, cheaper power as energy ministers prepare for crucial talks in Brisbane on Thursday.
RBA hikes rates in fight to tame inflation
The Reserve Bank has increased interest rates by another 25 basis points, locking in more mortgage pain for Australians over summer.
Nuclear off table as states seek power fix
Federal and state Labor heavyweights are going toe-to-toe on nuclear energy, with the SA premier suggesting safety concerns are overblown.
Why more Australians will share a Tesla
Shared electric vehicles are being offered in more apartment buildings, office blocks and hotels and experts say they could see some drivers ditch private cars.
Feds call for unity to lower energy prices
Federal ministers have urged the states and territories to put their differences aside and do their bit to lower energy prices.
Commodity economy ‘not a source of shame’
Fossil fuels have given Australians an "awesome" standard of living but the economy needs to become more varied, international investors have been told.
BHP sees ore demand beyond ‘super cycle’
BHP tips decarbonisation to drive global demand beyond a "super cycle" for copper, nickel and steel but warns the industry is competing for high-tech skills.
Santos loses appeal for huge NT gas works
The Federal Court has upheld a ruling that Tiwi Islands traditional owners should have been consulted over Santos's multibillion-dollar Barossa gas project.
Helicopter crashes into Melbourne home
A student pilot is in a stable condition in hospital after his helicopter crashed into the roof of a home in Melbourne's southeast, shocking neighbours.
Medibank hackers declare ‘case closed’
The Medibank hackers declared "case closed" after dumping a final tranche of stolen data, as Australia's information commissioner launches an investigation.
Collins Foods halts Taco Bell rollout
Collins Foods is taking a $11.9 million impairment charge on eight underperforming Taco Bell restaurants and pausing rollout of any more to revamp the brand.
ASX rebounds amid China reopening rumours
The local share market has climbed higher in afternoon trading after a listless morning, on hopes that China might relax its zero-COVID lockdowns.
Project savings could extend Sydney Metro
Sydney's next Metro extension could be paid for with savings from the bumper transport project line-up in NSW, according to a new analysis.
India free trade gets new year green light
The Australia-India free trade agreement has got the thumbs up from India, clearing the way for the removal of taxes on 90 per cent of Australian goods exports.
First loss in a week for Australian stocks
The local share market has finished down 0.4 per cent, with commodity producers falling as rare protests erupted in China over harsh COVID-19 lockdowns.
Tax reforms flagged for housing crisis fix
Labor should have another look at contentious housing-linked reforms it unsuccessfully took to the 2019 election, independent MP Andrew Wilkie says.
Qld grants second Eyre Basin gas permit
The Queensland government has given another company a permit to look for gas in the remote Lake Eyre Basin while it draws up plans to protect the region.
Rents becoming more and more unaffordable
New research has confirmed what many tenants across the country already know - rents are soaring and rising faster than household incomes.
Consumer sentiment lifts for third week
Consumers are heading into the festive season a little more confident, but almost a quarter of families will be going into debt to fund festivities.
Australian shares end week up 1.5 per cent
The local share market finished Friday up 0.24 per cent, to again close at its best level since May 30 after four straight days of gains.
Security breach chaos at Brisbane Airport
Brisbane Airport's domestic terminal has been emptied after a number of people breached a security checkpoint.
RBA sorry for interest rate predictions
Reserve Bank boss Philip Lowe has admitted language around the 2024 interest rate forecast was not clear enough and apologised for the miscommunication.
Aust stocks look set to snap win streak
The local share market was down 0.4 per cent at midday, as commodity prices dipped as rare protests erupted in China over harsh COVID-19 lockdowns there.
Millions to go into debt to fund Christmas
Christmas is always an expensive period and this year households are feeling the pinch, with one in four going into debt to fund festivities.
Elon Musk’s ‘hardcore’ management style: a case study in what not to do
As a case study in how to implement organisational change, Elon Musk’s actions at Twitter will go down as the gold standard in what not to do.
Groundbreaking day for green jobs in Townsville
Townsville’s major new eco-industrial precinct at Lansdown is officially underway, with access road construction starting today on the Council-led project that will generate significant jobs for the city.
Nuclear power possible in Australia: forum
A number of coalition MPs have attended a parliamentary forum on nuclear power, in a bid to generate community discussion on the issue.
Aust drops $6.2b on Black Friday bargains
About 11 million people nationwide are expected to take part in Black Friday sales as Australian workers protest conditions at Amazon warehouses.