‘Economically disastrous’: Hanson’s super policy panned
Allowing workers to divert a quarter of their super income to rent and mortgage payments won't pump up inflation, One Nation leader Pauline Hanson insists.
economy, business and finance
Developer hammered as staff stood down, projects paused
The business model of a crumbling development firm has been labelled strange and opaque, after workers were stood down and construction projects halted.
Five killed after Amazon cargo plane barrels off runway
At least five people are dead and three are critically injured after an Amazon cargo plane overshot a Miami airport runway and smashed into cars.
Investors undervaluing the life-changing power of AI
A high-profile futurist praises Australia's open mind to technology but says investors fail to appreciate the transformative power of artificial intelligence.
Miner digs deep to extend life of old copper operation
The South African owner of an Australian copper mine has bold plans to extend the depth of the asset after setting an ambitious production target.
Resource firms hit the gas on controversial project
Gas explorers and pipeline layers have enthusiastically outlined the vast potential of the controversial Beetaloo gas field at a resources conference.
‘No brainer’: tobacco tax-cut idea could crush crime
An economist has joined the call for a drastic cut to the tobacco excise, as the coalition pledges to slash the tax by 80 per cent.
Worse than 2007: productivity stat bad news for the RBA
Low productivity means Australia's economy is growing above its "speed limit", amplifying concerns the Reserve Bank will hike interest rates again.
Blanket bans on AI could cause ‘data centre panic’
Business peak bodies have cautioned against uniform rules for how data centres are powered, warning it could stifle investment in the technology.
Telstra system behind outage understaffed, underfunded
A system update that caused a widespread Telstra outage was not tested after coming back online, with the two technicians who made the change sent home.
Surprise GDP data ‘final green light’ for rate hike
Data centre investment and electric vehicle purchases are making it harder for the Reserve Bank to get inflation down as the likelihood of a rate rise firms.
Small-business owners, women worried about golden years
Australia has built one of the world's largest retirement saving pools, but many people worry they will run out of money to live on after they stop working.
Palmer seeks real estate in claim lawyer stole millions
Businessman Clive Palmer's former solicitor unlawfully took $34 million and used it to buy gold bullion and a large property portfolio, a judge has heard.
US irks G20 ministers by inviting Russia
Russia's finance minister has made a surprise appearance at the G20, while some US journalists have been denied access to the international economic forum.
Property market to face ‘deeper correction’, bank warns
Property prices in major capitals are set to fall even further, one of the big four banks has cautioned, following a further downturn in the last month.
IVF provider sees new life in stimulated cycle numbers
A fertility services provider has reported a sharp fall in net profit after fewer patients started new treatment cycles, but says the business is improving.
Iran dismisses Trump’s Kharg video as ‘laughable’
US President Donald Trump has shared an AI-generated video of claimed destruction on Iran's Kharg Island.
Pacific summit underway in Palau without key leaders
Anthony Albanese, Chris Bowen and Pat Conroy are leading Australia's diplomatic effort at this year's Pacific Islands Forum leaders meeting.
Nepal teams seek hundreds trapped in hydropower tunnels
Emergency workers in Nepal are racing to reach more than 900 workers trapped in hydropower project tunnels choked with mud and rock debris in the Himalayas.
Economic growth data next milestone for Reserve Bank
GDP figures will headline the week in economic data, while central banks in Canada and New Zealand will meet to set interest rates.
Iran urges other countries not to join US sanctions
Iran's government has urged countries against implementing US sanctions while the foreign minister says getting diplomacy "back on track isn't impossible".
Retailer banks on outdoor living to lure people inside
Harvey Norman is redoing its Australian store locations and has a big outdoor goods promotion planned after suffering a significant drop in shoppers.
You’ve got no mail: AusPost flags further delivery cuts
Australia's government-owned postage service is vowing to deliver letters for as long as they exist, but Australians will receive them less often.
‘Not at this point’: Virgin side-eyes rival’s new fees
Virgin has lifted profit in its first full year back on the stock exchange, and is keeping an eye on ancillary revenue outside its normal fare proceeds.
‘We should gang up’: east coast warning on GST deal
East coast premiers have warned Western Australia's GST deal could cost the federal government support outside the resource-rich state.
Drier July helps lift Bunnings sales as DIY rules
Retail-focused group Wesfarmers, which owns some of Australia's best-known brands, including Bunnings Warehouse, says households are still under pressure.
Qantas to jettison flagship jet sooner as profit slides
Qantas will begin phasing out its "much-loved" Airbus A380s four years earlier than planned, after its annual profits hit turbulence.
Banks tip more hikes as spending surge adds to RBA woes
Three out of the four big banks are tipping the Reserve Bank to raise interest rates by November, with one forecasting a hike in a matter of weeks.
US states, Meta agree to settle claims over child harms
Meta, the parent company of Facebook, has agreed to a settlement in a US lawsuit concerning the use of its platforms by children, according to a court document.
‘And we’re back’: more Aussies booking overseas trips
Travel group Flight Centre took a $60 million hit in the back end of 2025/26 due to the Middle East war, but is now seeing a pick-up in overseas trips.
Future Fund head exits on top with 14.8 per cent return
Strong global equity markets, a focus on active management and low exposure to bonds has lifted Australia's sovereign wealth fund to more than $289 billion.