As Canada cuts rates, RBA doves come home to roost
After hitting inflation hard and early, the Bank of Canada is already cutting rates while their dovish Australian counterparts contemplate another rate hike.
economy, business and finance
Origin Energy backs big batteries to support east coast
Origin Energy will invest $450 million in the Eraring big battery project as part of a plan to accelerate its renewable energy generation and storage footprint.
Newspaper reporters strike over pay as Olympics loom
Reporters covering the Paris Olympics for the Nine newspapers will join colleagues across Australia in going on strike over pay and conditions.
EU shifts $2.5b from frozen Russian assets to Ukraine
The European Union will transfer 1.5 billion euros in proceeds from frozen Russian assets "to the defence and reconstruction of Ukraine".
Big batteries for the ‘heavy lifting’ as cold snap hits
The more clean energy in the nation's network, the better it will be for power bills and keeping the lights on, experts say, despite a lull during a cold snap.
Permits for new gas exploration risk ‘climate disaster’
Australia needs more gas to fast-track the phase out of coal, explorers say, but critics warn new offshore gas exploration permits are a "climate disaster".
Rent squeeze adds extra juice for first-home buyers
Renters across the nation face increasing rent hikes despite varied rental conditions, which is leading to some buying a home.
Fears of widespread disruption when 3G is switched off
Telcos and the government may not realise the potential extent of disruptions when 3G is switched off, with concerns across health, construction and farming.
Deal for ‘clean, reliable power’ despite gas shortfall
Another state has signed a federal renewable energy agreement, anticipating rising power demand in coming decades from new refineries and low-carbon industries.
Home building to gather steam but undershoot 1.2m goal
A recovery in home building is coming but will take time and is still expected to fall short of the 1.2 million national target.
Mixed jobs data highlights rate balancing act for RBA
Demand for labour is still strong enough to soak up extra workers as the population grows, according to fresh Australian Bureau of Statistics jobs data.
‘Gutted like a fish’: Forrest on Fortescue job losses
Andrew Forrest says the Fortescue Group will continue to pursue its green hydrogen plan despite slashing 700 jobs in a bid to cut costs.
UK’s Starmer wants more cooperation on Ukraine, Europe
UK hosting the European Political Community conference shows hope for friendlier ties with the EU, post Brexit.
Rates uncertainty takes sting out of home price growth
The temperature in the housing market appears to be coming down as interest rate uncertainty keeps more buyers on the sidelines.
Winemakers need a decent drop of cash to survive
Vignerons have millions of litres of red wine sitting in tanks with nowhere to go, as producers tackle a complex system of levies, an independent report says.
Major IT outage affecting banks, media outlets
Australian banks and media companies have reportedly been hit by a major IT outage.
Major IT outage strikes companies across country
Australian banks, governments, airports and media companies have been hit by a major IT outage that appears to be a global issue but is not a malicious attack
Global IT outage continues to crash services nationally
Australian banks, governments, airports and media companies have been hit by a major IT outage that appears to be a global issue but is not a malicious attack.
IT outage ends but sparks fears of a vulnerable system
Authorities are scrambling to understand how a simple software update caused an unprecedented IT outage that crippled companies and services around the country.
Fears of ‘knock-on’ delays after global IT outage
Companies are battling the flow-on effects from the global IT outage that downed flights, media and supermarkets.
Chaos as global IT outage crashes services nationally
Australian banks, governments, airports and media companies have been hit by a major global IT outage that has been ruled out as a malicious attack.
Airport delays continue in wake of global IT outage
Airports face knock-on effects from the global IT outage as airlines reschedule cancelled flights with the federal government continuing its investigations.
IT outage ‘significant’ cost to Australian economy
The global IT outage that felled companies may be the worst in history and now scammers are taking advantage of the significant incident.
Bangladesh to impose curfew, deploy army
The Bangladesh government is set to intervene as more than 100 people died in violent student protests over government job quotas.
Global tech outage delays ease amid questions over cost
Delays at Australian airports after the global IT outage have eased but questions remain as to the cost to the economy and possible compensation.
Bangladesh army enforces curfew as protests spiral
A strict curfew is in place across Bangladesh and the military patrolls the capital after days of deadly protests over the allocation of government jobs.
Signs point to slow start for economy in new year
Australia can expect lacklustre economic growth into early next year, with small businesses particularly vulnerable to sour economic conditions.
Govt confident in power plant after explosion report
The Queensland government believes the state-owned operators of a power plant will do better after safety failings were revealed in a report on an explosion.
Online shopping spree despite cost-of-living crisis
Australians are still turning to online retail therapy despite household spending slowing due to cost-of-living pressures.
Banks lashed for ripping off poorer customers
The market watchdog has slammed four major banks for causing financial distress to more than two million Australians by systematically overcharging on fees.
coal
consumers
economy, business and finance
electricity production and distribution
energy
energy and resource
government
natural gas
politics
Gridlock on new energy transmission adds to bill shock
Delays for energy transmission projects over the past decade, under both major parties, are adding to power bills and making the nation's network less reliable.