Biden says US to hike tariffs on Chinese electric cars
Chinese electric vehicles, computer chips and medical products will become more expensive in the United States, President Joe Biden says as tariffs are raised.
economy, business and finance
NSW ‘big budget winner’ despite $2b GST cut: treasurer
The reviews are rolling in on Tuesday night's federal budget, with two Australian states split on the support they've received from Canberra.
No ‘glamour’ in Territory’s crime-busting budget
The Northern Territory has unveiled a crime-fighting budget, with cash also splashed to improve schools before an election in August.
Households to get energy bill relief, rent help goes up
Energy bill relief and more rent assistance will form part of a cost-of-living package in the federal budget to help Australians struggling to makes ends meet.
Government defends faster inflation fall than RBA
Inflation will be back within the Reserve Bank's target range a year earlier than the bank has predicted, based on government budget figures.
Chalmers threads budget needle with difficult economy
Treasurer Jim Chalmers is confident he can beat inflation in the near term while gearing up for growth in a low-carbon world in his government's third budget.
Treasurer promises more relief alongside tax cuts
With long-awaited stage three tax cuts set to drive cost of living relief in the budget, Treasurer Jim Chalmers has given an assurance more help is coming.
Industry rebuffs calls to slash fossil fuel subsidies
Fossil fuel subsides are increasing and undermining Australia's climate efforts, a think tank says, but energy producers insist they're paying plenty of tax.
New resources tax not a ‘fair return’ for Australians
A parliamentary inquiry has ruled in favour of offshore petroleum tax changes but critics say Australians will still not get a fair return on their resources.
CSIRO bloods red meat powder to beef up drinks, snacks
Scientists have developed a red meat powder to boost drinks and snacks as part of a plan to target the health and wellness sector and meet demand for protein.
Jobs boom beats expectations but weakness incoming
Australia's workforce is expected to keep getting bigger even as the economy slows, forecasting excerpts from the upcoming federal budget show.
economy, business and finance
electricity production and distribution
energy
energy and resource
international (foreign) trade
natural gas
politics
‘Unsafe future’: Australia commits to decades more gas
Critics say a plan to lock in gas as a long-term source of energy and export revenue will damage the environment and blow up Australia's climate targets.
‘Nation-leading’ WA budget splurge fired by big surplus
WA has rolled out a "nation-leading" state budget, with billions of dollars to help families, boost housing supply and diversify its mining-led economy.
Refineries pumped on high-value, ultra-low sulphur fuel
Upgrades are on track for producing ultra-low sulphur fuel suitable for the latest European and American cars, an Australian refiner says.
Cost of living, net-zero industries focus of May budget
The third federal budget under the Albanese government will be handed down on Tuesday and a number of measures have already been unveiled.
Air Vanuatu cancels Australian flights amid cash woes
The national airline of Vanuatu has cancelled all its flights to and from Sydney and Brisbane for the rest of the week amid reports of financial difficulties.
‘Under the pump’: expenses help for battling families
Cost-of-living support will be a key focus in the Albanese government's third federal budget, which will be handed down next week.
Rates on hold but RBA ‘vigilant’ to inflation risks
Mortgage holders have been spared more interest rate pain but emerging inflation risks have the Reserve Bank on high alert.
Groceries inquiry backs breaking up major supermarkets
Supermarket price gouging should be illegal and there must be laws to break up major retailers that abuse their market power, a Senate committee has found.
Australia’s housing woes to be focus in federal budget
The plight of struggling renters will be addressed in the upcoming federal budget, Treasurer Jim Chalmers says.
High steaks: PM launches drought fund at Beef Week
More than half a billion dollars will be allocated for projects helping farmers prepare for drought and to boost their capacity to adapt to climate change.
Australia has a beef with looming EU trade rules
Australia is concerned proposed deforestation laws in the European Union could impact agricultural trade and wants a delay in the new rules.
US company awarded ship lift build contract
A United States company has been given the contract to build the ship lift component of a major maritime infrastructure project in the Northern Territory.
Researchers cheer quantum leap on silicon breakthrough
University researchers say they have made a breakthrough in quantum technology that could pave the way for reliable, powerful computers.
budgets and budgeting
economy, business and finance
energy and resource
environmental issue
metal and mineral
politics
Hundreds of millions to incentivise clean energy future
A $566 million commitment is part of Australia's long-term plan to incentivise clean energy investment and turn the nation into a renewables superpower.
Treasurer worried about home building pipeline
Not nearly enough houses are being built to meet growing demand but the federal government is still confident it can meet its 1.2 million homes target.
‘Unacceptable’: phantom flights cost Qantas $120m
Qantas has been fined $100 million and will be forced to pay customers a further $20 million for selling tickets for flights that were already cancelled.
No bailout for Bonza as more than 300 staff stood down
Passengers and more than 300 staff are in limbo after administrators grounded Bonza's planes, with the government rejecting a bailout for the penniless airline.
Relief for students with $3b of HECS debt eliminated
About $3 billion worth of student debt will be wiped for more than three million Australians struggling through the cost-of-living crisis.
company information
economy, business and finance
electricity production and distribution
energy and resource
environmental issue
indigenous people
metal and mineral
mining
Rio Tinto faces ‘biggest test’ since Juukan Gorge
Rio Tinto is on the hook for water use and what has been described as the biggest test of its reputation since the destruction of ancient Juukan Gorge shelters.
Global body warns Australia on interest rates, NDIS
Services inflation, the Chinese economy and household consumption are sources of uncertainty hanging over the OECD's economic growth forecasts for Australia.