Renewables growth energises spending as inflation rises
Capital expenditure has been rising fast in Australia as the treasurer warns stubborn inflation will mean savings are needed in the budget.
economy, business and finance
‘Look at the divvy’: iron ore miner’s bumper payout
Iron ore miner Fortescue has raised its interim profit and will pay out 65 per cent of earnings to shareholders, as it continues to decarbonise its business.
WiseTech to axe 2000 staff as AI transition boots up
The era of manually written code is over, the boss of logistics technology group WiseTech Global says, as it becomes the latest company to flag AI job cuts.
Grocery giant hits 17-month high on ‘fantastic result’
Woolworths has delivered better-than-expected earnings while improving customer satisfaction scores, sending its shares soaring to a 17-month high.
‘Rise on the horizon’: inflation fuels rate hike fears
A small increase in underlying inflation has led to growing expectations the Reserve Bank will lift the cash rate in coming months.
New US tariffs come in at lower 10 per cent rate
President Donald Trump's temporary 10 per cent import levy has come into effect as he reacts to the US Supreme Court striking down his sweeping tariff regime.
Skyscraper scrap: mixed reaction for Trump tower plan
Rival petitions have been launched over a proposed 340-metre, 91-storey Trump tower at a holiday hotspot that's been billed as Australia's tallest building.
earnings
economy, business and finance
oil and gas - downstream activities
oil and gas - upstream activities
Net zero could put Woodside in the red in five years
Australia's biggest oil and gas producer has posted record output, but a global supply glut and the energy transition could hinder future profits.
Millions stuck at home as historic blizzard hits NYC
A historic blizzard has dumped up to 60cm of snow across the US northeast, forcing millions to stay inside as flights, transport, schools and businesses close.
Trump warns against ‘playing games’ with US trade deals
Donald Trump is threatening to hit any countries prevaricating over recently-negotiated US trade deals with much higher duties under different trade laws.
Coffee cups, truck laws leave shoppers with hefty bill
Different laws across Australian states are putting pressure on the retail sector, which wants legislative harmony between jurisdictions.
Canada’s PM to travel to Australia to boost trade ties
Canada's Prime Minister Mark Carney is set to address the federal parliament during an upcoming visit to Canberra.
Slovakia halts electricity supplies to Ukraine
On the fourth anniversary of Russia's invasion of Ukraine, Slovakia has cut off electricity supplies to its war-torn neighbour.
Unmanned petrol stations fuelling higher earnings
Australia's leading fuel retailer has benefited from converting dozens of its petrol stations to unmanned sites in what could be a sign of things to come.
EU won’t accept US tariff increase, ‘a deal is a deal’
Washington cannot be allowed to simply hike tariffs on EU products, the European Commission says - "a deal is a deal".
Inflation to stay on hold in first data post rates hike
The first round of inflation data released after the Reserve Bank chose to lift interest rates will be handed down.
Asian economies weigh impact of fresh Trump tariff move
President Donald Trump has flagged raising temporary tariffs on almost all US imports from 10 per cent to 15 per cent.
Russia hits Ukraine’s energy in major attack, Kyiv says
Russia has hit Ukraine's energy infrastructure with major missile and drone strikes, Kyiv says, killing at least one person and causing blackouts.
BBC to air Australian adult comedy
An Australian adult comedy based on a popular animated web series has been acquired by the BBC.
Donald Trump to travel to China next month
US President Donald Trump will hold talks with his Chinese counterpart, Xi Jinping, late next month in China.
Trump furious after US Supreme Court upends his tariffs
A landmark US Supreme Court ruling has upended the leverage President Donald Trump and his trade envoys have wielded over foreign governments with tariffs.
Insurer’s shares soar to four-month high on profit rise
QBE shares have rocketed after reporting a net profit increase of 21 per cent on higher premiums and fewer disaster payouts.
Rio Tinto misses profit view on iron ore challenges
Weaker iron ore prices have dug into mining giant Rio Tinto's underlying profit, although stronger copper prices cushioned the blow.
Kmart, Bunnings building as Officeworks stays deskbound
Kmart and Bunnings performed strongly in the first half of 2025/26, owner Wesfarmers says, but another of its well-known chains is lagging.
No spirit of Australia in Qantas closures, report finds
The Flying Kangaroo has been criticised for closing three regional bases, with an inquiry finding it risks calling itself a country carrier "in name only".
Insurer’s ‘failing’ health system warning as costs soar
Health insurer Medibank Private has lifted its interim bottom-line net profit after the number of Australians taking out policies increased.
Billionaire says ‘world-class conman’ Epstein duped him
Billionaire businessman Les Wexner says he was foolish to trust "master manipulator" Jeffrey Epstein, as he denied taking part in the abuse of girls and women.
Dodgy online items in consumer watchdog’s crosshairs
Forcing giant online marketplaces like Temu and Shein to protect consumers from unsafe products is one of this year's key focuses for the consumer watchdog.
Labour pains for borrowers as jobs data hits rate hopes
Economists fear two solid jobs readings could push the RBA to inflict more borrowing pain on Australian mortgage-holders.
Premier polishes pitch to lure Trump to Australia
A premier is bidding to bring the United States president to Australia, claiming his state has something Donald Trump wants and needs.
Destructive hailstorms slash insurer firm’s bottom line
Suncorp's first-half profit has dropped 76 per cent after the insurer paid $1.3 billion in natural hazard claims, mostly related to two thunderstorms.