Economy shrugs off tariff turmoil to outperform peers
Central banks such as the RBA need to be wary of the risks of inflation kicking off again, which could trigger market sell-offs, a global economic body warns.
economy, business and finance
Trump unleashes at UN, countries are ‘going to hell’
President Donald Trump has returned to the United Nations to boast of his foreign policy achievements and lash out at the world body as a feckless institution.
‘It starts to hurt a lot’: big toll of deaths, manhunt
As the manhunt for an accused killer enters a fourth week, a relief package for businesses impacted by the search will be a drop in the ocean for many.
China says TikTok deal with the US is a ‘win-win’
China has called a framework deal reached to switch TikTok to US-controlled ownership in the United States a "win-win" in a state media editorial.
Coal ‘crisis’: hundreds of jobs cut, mine mothballed
A mining giant has been labelled "un-Australian" by a state government for cutting hundreds of jobs and mothballing one of its oldest sites.
Approvals turbocharged in bid to tackle housing crisis
Longstanding, complicated planning processes will be swept aside in an effort to build more homes faster in a state that's fighting to keep young families.
ADNOC-led consortium abandons $A28b Santos takeover bid
An Abu Dhabi-led consortium has withdrawn its blockbuster bid to buy Australian gas producer Santos.
Trump hails US, UK’s ‘unbreakable bond’ at talks
US President Donald Trump has arrived to hold talks with UK Prime Minister Keir Starmer at his Chequers country estate.
Signs of cooling labour market in surprise job numbers
Australia's unemployment rate has held steady at 4.2 per cent despite thousands of jobs unexpectedly dropping out of the nation's economy.
US Fed cuts rates by quarter of a percentage point
The US central bank has lowered the key interest rate by a quarter of a percentage point due to a weak labour market, the board of governors says.
‘Shady practice’: Kmart face-scanning breaches privacy
Shopping giant Kmart plans to challenge a finding that it violated people's privacy with facial surveillance as experts say it's a clear warning to other firms.
NZ economy shrinks, fuelling bets of steeper rate cuts
A sharper-than-expected contraction in the New Zealand economy has fuelled expectations of a higher interest rate cut in October.
National economy still stuck in ‘productivity malaise’
Despite a modest pick-up in productivity growth and signs private sector employment is recovering, Australia's slump in productivity is far from over.
Further job losses deal fresh blow to coal mine workers
A third mining company in as many days has announced job cuts, taking aim at a coal royalties scheme as it prepares to close an underground site.
Three die as Optus triple-zero glitch impacts hundreds
Optus has apologised to telco customers as an outage that blocked triple-zero calls to hundreds of people in three states is linked to three deaths.
BHP set to appoint first female CEO: report
The world's largest mining company BHP is expected to appoint the first female leader in its 140-year history, according to a report.
‘Un-Australian’: scheme under fire as mine jobs slashed
A government royalty regime must be reassessed after three coal companies announced job cuts and mine closures in recent days, an analyst says.
Progress on TikTok deal as Trump and Xi agree to meet
Donald Trump and China's Xi Jinping will meet in South Korea in the coming weeks, as the US president says their phone call yielded progress on a TikTok deal.
Property markets yet to twig to looming disaster losses
Hundreds of billions of dollars could disappear from property values due to climate change but it's taking time for the worsening threat to influence buyers.
Inflation fading but rate cut doubtful at least for now
RBA boss Michele Bullock will face questions from federal MPs on the timing of interest rate decisions ahead of key economic data releases.
Murdochs could take part in TikTok deal, Trump says
US President Donald Trump says Rupert Murdoch and Michael Dell could be part of deal in which the United States will take control of TikTok.
Jobs data in focus as economic outlook brightens
Workers are taking home a larger slice of the economic pie as a result of Australia's historically tight labour market.
A ‘bank in crisis’: ANZ cops record fine for misconduct
From charging dead customers to overstating trades, a big four bank has been slugged with a record penalty for widespread misconduct.
UK, US to announce tech, energy deals during Trump stay
The UK hopes to cement its strong bond with the US during President Donald Trump's visit, with new tech and energy deals to be announced.
Locals plead for visitors to return to area of manhunt
Business owners in a region central to the search for an accused killer can breath a sigh of relief with travel restrictions scrapped and cash help on its way.
Home scheme extension set to open more doors
Lifting the caps in an expanded government home-buying scheme will open the door for more first-time buyers, but it also risks fast-tracking price rises.
‘Unhinged’: 4500 jobs to be slashed in bank restructure
A major bank's decision to cut thousands of staff has been described as "unhinged" after it recently posted a half-year cash profit of $3.6 billion.
Future Fund eclipses $250b after bumper return
Australia's sovereign wealth fund has delivered a strong result for financial year 2025, despite significant global economic turmoil.
Retirement finances not so super for Indigenous people
Indigenous people are facing a retirement disadvantage, with 65 per cent dying before reaching the age to access age pensions or superannuation.
Big business seeks new dawn for environmental laws
As Anthony Albanese ties the clean energy transition to economic growth in a major speech, the business lobby is urging a streamlined project approvals process.
Faster approvals considered in nature law overhaul
A shake up of Australia's environment laws is being considered, which will determine where developments can be built and where they should be blocked.