Seven West boss James Warburton stepping down
Broadcaster Seven Network will have a new boss when James Warburton steps down at the end of the financial year after an eventful period for the company.
economy, business and finance
RBA backs resilient borrowers to ride out rate rises
Australians are making painful adjustments to cost of living pressures and higher interest rates but are overall proving resilient.
International factors driving petrol price pain
Higher international fuel prices driven by oil production cuts and strong demand, combined with a lower US dollar exchange rate, are pushing up petrol prices.
Australia should delay AI laws, productivity boss warns
A business summit has heard Australia should not introduce laws around the use of artificial intelligence or it could risk being left behind other countries.
Rental fix hinges on more homes, namely social housing
A parliamentary inquiry has called for continued funding for social housing in a comprehensive report on Australia's rental crisis.
Shareholders slug Bank of Queensland with first strike
Bank of Queensland is the latest Australian company to suffer a first strike to its remuneration report after a year of falling profits and regulatory strife.
Economy weakens as rising costs take toll on households
The Australian economy almost came to standstill last quarter, with clear signs of financial pain in the household sector.
Customers unable to reach accounts in Westpac outage
Some Westpac customers have been unable to reach their accounts after an apparent online outage, as the bank says it is working to rectify the issue.
Westpac customers access online accounts after outage
Westpac customers have again been able to access their accounts after the bank said a "routine technology update" resulted in an online outage.
RBA gift wraps end-of-year rate relief for borrowers
Borrowers have been spared more cash rate pain at the final Reserve Bank of Australia policy meeting of the year.
Shareholders pull the plug on Origin takeover bid
Origin Energy shareholders have sunk Brookfield's $20 billion takeover bid and the promise of tens of billions of dollars extra in renewables investment.
Climate finance takes centre stage at COP28 summit
COP28's Emirati hosts have set a fast pace on cheque signing amid the United Nations climate summit's biggest-ever attendance from business and finance firms.
7-Eleven Australia sold to Japan company for $1.7b
The Withers and Barlow families have sold one of Australia's most recognisable brands to a Japanese joint venture, which is promising to grow it further.
Home prices break through ceiling but growth eases
The housing market downturn of last year has been completely unwound, but the pace of growth is slowing.
‘We’re under pressure too’, Chalmers tells treasurers
State and federal treasurers are yet to reach an agreement on the GST no worse off guarantee but talks are set to continue at national cabinet next week.
Banking ‘bullies’ leave vulnerable people open to scams
Post offices are increasingly filling the void when rural banks shut down, but they're not always paid for their services, a Senate inquiry has been told.
More volunteers sought from generous nation of donators
Ways to get Australians donating more to charities and volunteering their time have been detailed in a Productivity Commission report.
RBA likely to spare borrowers Christmas rates pain
The Reserve Bank interest rate decision and growth statistics for the September quarter to dominate the economic agenda this week.
Reserve Bank board shake up outlined in new laws
The federal treasurer has introduced legislation that will underpin the biggest set of reforms at the Reserve Bank in decades.
Talks on Queensland infrastructure funds keep trucking
Queensland has made the case for more federal funding for roads and rail after the Commonwealth slashed infrastructure funding for projects around the country.
Jaber rejects report UAE sought COP28 hydrocarbon deals
The president-designate for the upcoming COP28 climate talks has denied a report alleging the UAE planned to use the summit to strike oil and gas deals.
Back in the red, no second surplus in budget update
The mid-year budget update will reveal a substantial improvement to the bottom line, but not a surplus, the federal treasurer says.
Climate information integrity threat ahead of summit
The climate crisis is being made worse by an information crisis, with some Australian outlets accused of peddling fake news and adding to confusion and delay.
Easing inflation takes heat off interest rate rises
Cooling inflation figures have improved the chances of the Reserve Bank keeping interest rates on hold.
Queensland government train contract set to deliver 800 jobs
The Queensland government has announced a $4.6 billion contract with transport construction company Downer as the primary manufacturer
PwC censured, fined almost $100,000 after tax leak
PwC has been fined nearly $100,000 after a disciplinary tribunal found it brought discredit on the accounting profession.
States push back on cuts to infrastructure spending
Queensland is spending more on infrastructure than the federal government is "in the whole of Australia", the state's premier says.
Retail sales dip as shoppers hold off for Black Friday
Consumers hit the pause button on spending in the lead up to the Black Friday sales period, official retail trade data suggests.
UK central banker nabbed to take over as RBA deputy
Bank of England's Andrew Hauser will be the next deputy governor of Australia's central bank, bringing a "fresh, global perspective" to the key institution.
Financial hardship creeping into higher income brackets
More Australians are struggling to meet financial obligations such as paying for food and basic goods, mortgage repayments, or funding an emergency.
Cultural stigma holds workplaces back as pay gap falls
An increase in the number of women in leadership roles has helped reduce the gender pay gap but cultural change is needed to eliminate it entirely, data shows.