Australian economy builds as investment roars back
Australia's economic growth rate came in below market expectations, but a strong domestic pulse shows the economy is in good shape.
economy, business and finance
Chinese economic slowdown at top of RBA’s mind
Slowing Chinese economic growth and persistently high inflation are "top of mind" for the Reserve Bank of Australia.
Splurging shoppers push economy over speed limit
The sharpest rise in household spending in 21 months suggests the economy is continuing to grow in strength, heightening Reserve Bank fears about inflation.
Cyclone-hit coastal town blows away house value gains
The housing market strongly rebounded in 2025 as interest rate cuts, easing inflation and limited supply fired up competition, the latest property data shows.
Battling casino group hopeful chips will fall its way
Star Entertainment Group has made progress toward resolving its myriad of issues but executives acknowledge the gaming behemoth isn't out of the woods yet.
The ‘obvious and easy way’ to help boost housing supply
More than 80,000 sorely needed homes are unable to be built due to a lack of investment in power, roads and sewers, councils say.
Study reveals why Peter Dutton lost the last election
A study has revealed Labor had inched ahead of the coalition on a key measure which handed Anthony Albanese a historic majority in federal parliament.
Retail supremo dangles ‘game-changing’ mystery tech
Harvey Norman chair Gerry Harvey has hinted he might be selling robots in the next 18 months alongside a 'secret' technology, after dissing his rivals.
Reeves raises UK tax burden to post-war high in budget
The United Kingdom's fiscal watchdog has apologised after it published its budget forecasts before finance minister Rachel Reeves delivered them in parliament.
‘Very positive news’: ray of light post inflation shock
Equipment investment in Australia's IT sector almost doubled in three months amid a surge in data centre projects, which could help revive productivity growth.
Australia needs faster cuts to hit key climate goals
The pace of emissions reductions must double to meet Australia's climate emissions targets, with a rapid and unhindered clean energy transition key to success.
Grins as environment laws pass in ‘win for the country’
An overhaul of environmental laws has cleared parliament, with the prime minister toasting the reforms despite the coalition branding them "economy wrecking".
Liberals go back to basics after crawling to year’s end
The Liberals are attempting to win back the title of "responsible economic managers" and turn over a new leaf after a tumultuous parliamentary year.
Diplomatic efforts to end Ukraine war gain momentum
US officials are meeting with their Ukrainian counterparts for more talks on the Trump administration's peace plan as Russian airstrikes continue unabated.
Anger over deadly HK blaze as Beijing issues warning
Anger is growing over the fire that tore through seven high-rise blocks in Hong Kong, amid calls for accountability as China warns against disrupting the city.
Slight rise tipped for September GDP figures
Economic growth and household spending data will be released to form the final picture for the Reserve Bank before its last meeting for 2025.
Homebuyers at square one as price hikes eat rate cuts
A slowdown in the bellwether housing markets of Sydney and Melbourne suggests that sentiment is starting to sour as hopes of more interest rate cuts dissipate.
IGA supplier losing tobacco sales to black market
IGA supplier Metcash has delivered a $142.2 million first-half net profit, up 0.3 per cent from a year ago, and reported tobacco sales dropped by 35 per cent.
Skates on to ensure secure exit of major coal plant
The risk of power blackouts remain if necessary security infrastructure can't be sped up to come online in time for a major coal generator to shutter.
Customer dies after triple-zero fails on mobile phone
The embattled telco industry remains in the spotlight after a customer died when their phone could not make triple-zero calls.
Pope pleads for climate action to save God’s creation
Pope Leo XIV is urging countries at United Nations climate talks to take "concrete actions" to stop climate change that is threatening the planet
Private sector wages slowdown could ease RBA fears
Pay packets are still growing but economists warn rising inflation could soon bring that to an end.
Saudi prince didn’t know about Khashoggi killing: Trump
The brutal murder of journalist Jamal Khashoggi has cast a shadow over Saudi Arabia's Crown Prince Mohammed bin Salman visit to the White House.
Host Brazil pushes for progress on big issues at COP30
COP30 UN climate talks host Brazil is spearheading a push for a detailed road map for the world to phase out or transition away from fossil fuels.
House prices surge as city-dwellers flee to the regions
Aspiring home buyers are fleeing to the regions as falling interest rates and limited supply drives city house prices to fresh record highs.
Slash spending and reform taxes, IMF urges Australia
Australia should reintroduce a mining tax and limit spending growth in the NDIS and aged care, according to a leading global financial institution.
Fire disrupts COP30, 13 treated for smoke inhalation
Thirteen people have been treated for smoke inhalation following a fire at the COP30 venue in Brazil, organisers say.
US posts solid jobs data in September, unemployment up
US employers added a surprisingly solid 119,000 jobs in September, the Labor Department says.
WiseTech cops first strike on pay as probe continues
An impassioned speech from an Australian technology mogul wasn't enough to woo shareholders into approving a corporate pay deal after a year of controversy.
G20 summit adopts declaration despite US boycott
World leaders from the Group of 20 nations have broken with tradition and adopted a declaration at the start of the summit despite opposition from the US.
COP30 climate summit deadlock as EU rejects draft deal
COP30 negotiations are deadlocked over whether the accord should set the world on a clearer path away from fossil fuels, with the EU calling the draft too weak.