Forecasters dial up rate bets as banks prepare to hike
With the RBA showing stronger resolve to rein in inflation, banks will more likely than not be lifting home loan rates again in a few months, economists say.
economy, business and finance
Carbon credits seeding next chapter of Tiwi forestry
Tiwi Islanders are confident they've landed on the right forestry formula, one that's community-led and financially and environmentally sustainable.
Spain looking at Aussie ban on social media for kids
Spain is joining a growing number of countries, including Australia and France, which have taken or are considering restricting minors' access to social media.
China to buy more US soybeans, Trump says after Xi call
Chinese President Xi Jinping has had a phone call with US President Donald Trump, officials from both countries say.
Greens hold door open to capital gains tax reforms
Support from the Greens could hold the key to opening the door to capital gains tax changes as the government ponders reforms the opposition says it won't back.
Domestic producer worried about gas reservation policy
Australian oil and gas exploration and production company Beach Energy is concerned about the impact of a looming east coast gas reservation policy.
Glencore, Rio abandon merger talks for the third time
British-Australian mining giant Rio Tinto says it has abandoned talks over a potential merger deal with rival Glencore.
AI war against ‘one cent’ family violence perpetrators
The use of artificial intelligence can be challenging for many Australians, but one major business has found ways to bring good out of the groundbreaking tech.
Property website’s listings fall, shares tumble
Realestate.com.au owner REA group has grown its first half revenue and profit, despite a six per cent fall in its digital property listings.
Japan’s PM on track for vote blizzard in winter poll
Japanese voters have cast their ballots in an election expected to hand the nation's first female leader, Prime Minister Sanae Takaichi, a resounding win.
Borrowed time: rate hike unlikely to be one-and-done
Mortgage holders could face back-to-back rate hikes after the Reserve Bank raised interest rates amid rising inflation pressures.
Founder of scandal-hit travel firm gone, shares stuck
Corporate Travel Management founder Jamie Pherous is retiring "in the best interests of the company", making room for a new CEO as its shares remain untraded.
‘Mother of all deals’: India, EU seal trade agreement
After nearly two decades of on-off negotiations, a trade deal between India and the European Union has been sealed, according to Prime Minister Narendra Modi.
China threatens trade bans over vow to take back port
China could hit Australia with another round of economic sanctions if the Albanese government goes ahead with a plan to wrest back control of a key port.
Row over government role fuelling inflation, rate rise
Spending blow-outs by the government will force the Reserve Bank to hike rates, critics say, but the treasurer argues the private sector is driving inflation.
Trump nominates Warsh to run US central bank
US President Donald Trump says he is nominating former Federal Reserve governor Kevin Warsh as the central bank's next chair.
Supply shortage underpins shaky growth in home values
Home price growth picked up in January, but results were mixed across the capital cities, with one jurisdiction leading the way on rental affordability.
Magic number that could decide an interest rate hike
Traders now tip a greater-than-50 per cent chance of an interest rate hike in February, but some pundits are holding out hope for a Reserve Bank reprieve.
Japan’s PM calls snap election after 3 months in office
Japan's Prime Minister Sanae Takaichi has dissolved the lower house of parliament, paving the way for a snap election.
Savings coming for households able to use energy in day
Australia is pressing ahead with its three-hour timeslot of free electricity as critics warn the design could disadvantage some customers.
Trump threatens Canada with tariffs over any China deal
US President Donald Trump has threatened Canada with tariffs to prevent closer economic co-operation between the neighbouring country and China.
Trump’s wine tariff threat over Macron peace board snub
Donald Trump has responded to news that France intends to decline an invitation to join his Board of Peace by threatening tariffs on French wines and champagne.
US Supreme Court yet to issue ruling on Trump tariffs
The US Supreme Court has yet to decide on a dispute over the legality of President Donald Trump's global tariffs.
‘Struggling in silence’: Aussies’ shame driving up debt
Nearly half the nation started the new year in debt, but research shows countless Australians are unwilling to discuss their finances, even with loved ones.
‘No going back’ on Greenland, Trump vows
Donald Trump has doubled down on his pledge to seize control of Greenland, refusing to rule out taking it by force and threatening to upend historic alliances.
Healthy jobs market spells rate pain for borrowers
Upcoming inflation data will be make or break for a Reserve Bank rate hike decision following stronger than expected jobs figures, economists say.
Coal exit delay risks spooking clean energy investment
The ageing Eraring coal-fired power station will close in 2029, a two-year delay that could undermine investment in solar, wind, storage and transmission.
‘True maestro’: tributes flow for fashionisto Valentino
Italian fashion designer Valentino Garavani has died after a decades-long illustrious career dressing Hollywood stars and high society in his haute couture.
US Dept of Justice probe into Fed chair sparks backlash
The Trump administration's criminal investigation of Fed chair Jerome Powell has triggered a backlash that threatens to undermine the White House's goals.
Dan Murphy’s owner grows sales at expense of profit
Endeavour Group expects to report a smaller profit after cutting its prices to grow its sales on the lead-in to the key holiday trading period.
Central bankers defend Fed’s Powell after Trump threat
Fed chair Jerome Powell has the backing of fellow central bankers from Europe to Australia after the Trump administration threatened him with criminal charges.