Qantas confident in post-pandemic recovery
Qantas is returning to pre-COVID levels of service and Alan Joyce will remain as chief executive, the airline's chairman Richard Goyder has told shareholders.
Economy, Business and Finance
PM promises action on power price relief
The prime minister is promising to take action against energy companies that don't pass on massive profits to Australian households in the form of savings.
ASX flat, but on pace for 1pct weekly gain
The local share market was treading water at midday, but was still set to close the week around one per cent higher after strong gains earlier this week.
Native food potential mapped across Aust
The mapping of Australia's entire landscape to show where more than 170 native foods grow best can help grow commercial production, researchers say.
Budget pressures piling up: Treasury boss
The federal budget faces many challenges - such as climate change - that need to be handled skilfully or risk degrading quality of life, the Treasury boss says.
Queensland scientists unlock methane-busting seaweed
An Australian-led research team has cracked the genome for a native seaweed that can be fed to cattle and cut their methane emissions by more than 80 per cent.
Volvo shocks with Aussie electric target
Volvo's Australian arm has revealed plans to stop selling new petrol vehicles by 2026, four years earlier than its global target.
Coal and gas ‘natural ally’ of renewables
Australia's resources minister has described coal and gas as a "natural ally" of renewable energy and essential to powering mining and economic change.
Aussies want cheaper electric cars, bikes
Most Australians want changes to accelerate the switch to electric vehicles, according to a new study, and support a ban on new petrol car sales by 2035.
Corporate tax soars but many paid nothing
The COVID-19 recovery and commodity prices delivered a record year for corporate taxes, however hundreds of big businesses did not pay a cent.
100 years since the Flying Kangaroo took to the skies in Queensland
Australia Post and Qantas are celebrating the 100-year anniversary of the first passenger and airmail flights into Queensland's outback.
Housing lending plummets and worse to come
New home lending activity is drying up as rising interest rates shrink the amount banks are willing to lend.
RBA sees the pain but says rates must rise
Reserve Bank of Australia Governor Philip Lowe has underlined his case for raising interest rates, warning that not doing so could have dire consequences.
Home prices fall for sixth month in a row
The home prices slump is starting to slow down but it may be premature to say the worst is over.
Aussie firm turns classic cars electric
An Australian company converting classic Land Rovers into powerful electric vehicles is set to make a worldwide impact after merging with a UK firm.
Banknote demand rising as more hoard cash
More Australians holding on to high-denomination banknotes because they apparently want to keep cash close to hand, according to central bank data.
Qld govt not learning from mistakes: audit
The Queensland government is failing to implement changes that would make it more efficient and limit the risk of financial losses, the auditor-general says.
Treasurer taking gas price cap ‘seriously’
Jim Chalmers says he's taking calls to implement a cap on gas prices seriously as power costs continue to climb for households and small-business owners.
Shelved NSW trade boss neutral on decision
A NSW trade boss overlooked for a prestigious role has dismissed it as "the decisions of government", during an inquiry into overseas appointments.
Code of conduct could lower gas prices
Jim Chalmers says a mandatory code of conduct for gas retailers could help to bring down soaring power prices, but he still can't say when that might happen.
Energy law change to push down gas prices
Energy Minister Chris Bowen has reached a deal with state and territory ministers which he says will put downward pressure on gas prices.
Seven in court over $450m cricket contract
Seven will contest the quality of last season's BBL, where lower-grade players were used when compared to the IPL, in its court fight with Cricket Australia.
Mall owner Vicinity says foot traffic up
Vicinity Centres says foot traffic at its malls in September was at 90 per cent of pre-COVID levels, and visitors are spending more.
Service stations to get extreme makeover
Petrol stations will undergo a major change over the coming years, becoming places to hang out and recharge rather than simply fill up and go.
ANZ beats expectations but shares fall
Big-four lender ANZ has outperformed expectations with a $6.5 billion full-year profit and a higher dividend, but its shares have dropped nearly four per cent.
Resume culling now: NSW Farmers, Greens
NSW Farmers and the Greens have formed an unlikely alliance, calling for the immediate resumption of the aerial culling of pests, which pose a biosecurity risk.
Food supply needs more focus say farmers
Farmers say Tuesday's budget doesn't do enough to increase food supply but have welcomed an injection in funds across the agriculture sector.
ASX gives up gains on inflation surprise
The local share market is struggling to stay in positive territory after third-quarter inflation came in higher than expected.
Regional communities ‘neglected’ in budget
Residents in regional communities are at risk of being 'neglected' in the federal budget, following the scrapping of infrastructure projects.
Budget ‘fleeced’ NSW again: Perrottet
Dominic Perrottet says NSW has been stiffed of infrastructure funding after money was taken away from several projects.
Budget missed chance for relief: Dutton
Peter Dutton has used his first budget reply speech to attack the lack of cost-of-living measures put forward by the government while inflation rises.