RBA’s inflation forecasts edge higher as risks abound
Inflation is still expected to return to the Reserve Bank of Australia's target band by the end of 2025 but is proving to be more persistent than expected.
Economy, Business and Finance
Record low vacancy rates hit would-be renters hard
It's never been more difficult to find a rental in Australia as a report confirms rental vacancy rates have hit record lows in some capital cities.
Anger as Optus data handout offer rings hollow
Optus is being slammed for "inadequate" compensation offered to customers after an outage affected millions of people and small businesses.
Daytime search for nocturnal glider sparks new rules
NSW's environmental watchdog is rewriting search rules after the Forestry Corporation looked for an endangered nocturnal glider during the day.
Star CEO says no ‘quick fix’ to regain lost trust
Star Entertainment Group has avoided a possible board spill at its annual general meeting as its new CEO has described working 18-hour days on its turnaround.
Banks pass on rate hikes to thrifty home loan customers
Some mortgage holders are already trimming their spending and working extra hours, with the latest rise to put more pressure on households and the economy.
‘Dark cloud’ warnings over Queensland resources tax
The resources industry has pumped a record $116.8 billion into Queensland's economy but the state government has been warned it could lose investors.
Hundreds of big firms paid no tax in 2021-22
Corporate tax payments broke a record in 2021-22 but the federal government is worried some large multinationals are still not paying their fair share.
Borumba Hydro Energy Project Set To Create Over 2,000 Jobs
The Borumba Pumped Hydro Energy Project is projected to generate more than 2,000 jobs as part of Queensland's ‘Energy and Jobs plan’.
NAB customers cut spending, interest rate peak in sight
National Australia Bank has been looking at how its business and personal customers are dealing with rising interest rates, and the news isn't too bad.
Aussie supermarkets failing in war on plastic: audit
Australian supermarkets have been given an F for fail on plastic waste reduction, with an audit detailing some disturbing practices.
Optus offers free data as outage scrutiny intensifies
Optus has offered its customers 200GB of data for the holiday season after a mass outage affected millions of Australians.
Mental health spiral behind ‘hare-brained’ $395m fraud
Demetrios Charisiou has admitted a $395 million investment fraud involving NDIS-supported housing, claiming he was in a manic state during the offending.
‘Buddy system’ in place at JBS before worker trapped
The world's largest meat processor's local subsidiary has been fined $300,000 after a worker was struck by falling hay bales.
High-tech magic show leaves nothing up its sleeve
Audiences use their phones during the performance at an interactive magic show that encourages people to participate in a game-like experience.
Optus services restored after ‘costly’ nine-hour outage
Services to Optus customers have been restored after a nationwide outage left customers and infrastructure in the dark for more than nine hours.
Hydrogen-powered ‘flying car’ to be used in emergencies
An Australian company developing a hydrogen-fuelled aircraft capable of flying for up to 1000km has received a $5.4 million boost.
Optus reconnects some services after hours-long outage
Services to Optus customers are being restored after a nationwide outage, with the telco taking nine hours to start fixing mobile phone and internet services.
Qantas, ACCC head to court over misleading ticket sales
Qantas and the ACCC will present their cases before a Federal Court justice over the airline's decision to sell tickets for already cancelled flights.
More pain for borrowers as big banks pass on rate hike
Three of Australia's biggest banks have hiked interest rates in response to the Reserve Bank's latest cash rate increase.
Cup day rate hike extends finishing line for borrowers
Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.
Plibersek warns salmon industry over endangered fish
The federal environment minister has issued a warning about the salmon industry's plans to fix a harbour where an ancient fish is barely hanging on.
RBA fires off Melbourne Cup day interest rate hike
Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.
Photo finish looms for Melbourne Cup interest rate call
Australian borrowers could be hit with another interest rate hike at a closely run Melbourne Cup Day cash rate call.
Westpac posts $7b profit, launches $1.5b share buyback
Westpac has posted a 26 per cent rise in net profit of $7.2 billion for 2022/23 and released a climate report which will affect lending to farmers.
One in four tired, burnt out nurses planning to quit
A nursing shortage gripping the country will only worsen, with one in four in primary health care planning to leave within five years.
New cinema venues open as Aussie ticket sales boom
Cinemas are opening in new locations in Melbourne, Brisbane and Sydney as a box office boom defies cost of living concerns.
Will they, won’t they? All eyes on RBA Cup Day meeting
Stubbornly high inflation has raised the chances of a November interest rate increase by the central bank, putting more financial pressure on borrowers.
alternative energy
diesel fuel
energy (general)
environmental issue
petrol
renewable energy
road transport
transport
Report pokes holes in fuel company plans for net zero
An analysis of net-zero plans released by petrol companies have questioned their green claims, including their reliance on 'dirty' hydrogen and carbon offsets.
Coles workers, activists picket supermarket’s AGM
The Retail and Fast Food Workers Union has gone on strike and protested outside the Coles annual meeting.
Besieged Qantas board cops brunt of shareholder anger
Heckling and protest votes greeted the Qantas board at the airline's annual general meeting where shareholders vented their frustration at a series of missteps.