Canada hits US back with tariffs, trade war intensifies
Canada has clapped back at US tariff hikes with hikes of its own on steel, aluminium, furniture and clothing.
economy, business and finance
Woolies wins the grocery wars, lifts sales and profits
Woolworths has confirmed its Ooshies collectibles campaign helped drive sales going into the new financial year, after it beat Coles during 2025/26.
Banks tipping November rate hike after ‘hot’ inflation
Despite headline inflation falling to 3.5 per cent - the lowest level since November - an above-expectations result adds to the case for more rate hikes.
Key oil refinery long way from return to full capacity
Fuel maker Viva Energy is working to repair a key processor for premium fuels to restore a fire-damaged refining facility to 100 per cent capacity.
‘Things won’t change’: PM insists GST deal is iron clad
Anthony Albanese has promised he won't backtrack on a generous GST deal for WA, despite protests from other jurisdictions that it's unfair.
Canada hits back at US as tariff feud explodes
After days of intense negotiations, the US and Canada have failed to reach a trade deal, worsening an already delicate relationship between the two nations.
‘Perfect storm’: builder collapses, buyers in lurch
Insolvency experts have been called in to help rescue a major property developer which has thousands of homes to build across three states.
Childcare group in the red due to cost, low birth rates
A major childcare centre, which was caught up in an abuse scandal last year, has made an interim loss after deciding to close 40 centres in its network.
PM vows to take data centre policy to United Nations
Data centre regulation could be like the social media ban and become the next area of technology Australia leads the world in, the prime minister says.
Liquor unit loses fizz as Coles refreshes supermarkets
Coles is stepping up the refurbishment of its grocery store network while closing dozens of underperforming Liquorland locations.
UK, France pledge support on Ukraine’s Independence Day
Ukraine's allies must do everything they can to protect the country, UK Prime Minister Andy Burnham has said on a visit to Kyiv.
‘In it to win it’: liquor group sees more GenZ buyers
Bottle shops and pubs giant Endeavour Group has increased its retail market share after lowering shelf prices for customers, leaving it with lower profits.
Oil markets to remain tight as conflicts drag on
Ampol, which owns one of Australia's two onshore oil refineries, has turned in a stellar first-half profit after oil market dislocation boosted its earnings.
Scandal-hit KPMG rakes in billions, slashes jobs
KPMG, which has been embroiled in an audit and whistleblower scandal, will cut more than 350 jobs after a fall in revenue in its main consultancy business.
Inflation data and RBA minutes to reveal rates clues
Inflation is forecast to have eased during July due to lower electricity prices, but rising fuel costs could reignite price growth down the track.
Iran says sanction threats by ‘desperate’ US will fail
US Treasury Secretary Scott Bessent has threatened to impose "the toughest sanctions in history" on Iran, but Tehran has scoffed at the move.
Happy campers hit the road after muddy muddy festival
Mundi Mundi Bash organisers are helping thousands of campers dig their way out of mud and hit the road home after a wet but wonderful celebration of live music.
Rain makes way for stars as bash ends on a high note
"There's nothing quite like Mundi," Noiseworks and INXS rocker Jon Stevens says as he headlines the closing night of Australia's largest outback festival.
Canada facing heavy US tariffs after talks fail
Canada's top trade negotiators have been in talks with US officials in a bid to stop Donald Trump's 50 per cent import tariffs coming into effect.
Footwear giant vows to step up after first loss
The owner of sneaker chains Platypus, Skechers and The Athlete's Foot is regaining its footing after its first loss in its two decades as a listed company.
Kyle-sized hole in radio operator’s results
ARN Media spent just over $17 million on legal costs and its settlement with its former star Kyle Sandilands, as its interim earnings slumped.
High-protein trend helps bulk up big Aussie food brand
Bega Cheese, which makes cheddar, yoghurt and peanut butter alongside popular spreads like Vegemite, is back in the black after a protein-driven turnaround.
Miner goes ‘full steam ahead’ on loss-making project
Mining giant Fortescue believes it can turn around a troubled mine project that produces a raw material for green steel.
Zuckerberg didn’t prioritise child safety: ex-engineer
A former engineer at Meta testified that the CEO was responsible for a culture that may have shirked its responsibility to protect children from harm.
Rise in unemployment shows jobs market softening slowly
The jobs market appears to be softening with a rise in the jobless rate to 4.5 per cent, which should take pressure off the Reserve Bank to lift interest rates.
Major Russian barrage kills at least 14 in Kyiv region
Explosions have echoed across Ukraine's capital throughout the night as Russia launched another massive missile and drone attack.
Coffee machines brew a caffeine hit for Aussie firm
Breville Group has delivered a rise in profit on record revenue and played up opportunities for its coffee machines, especially in the Middle East.
Debt to hit new high but nation’s budget outlook steady
Federal tax changes threaten states and territories' budget bottom lines, but Australia's fiscal outlook remains steady, a new report says.
Punters ditch Powerball, Oz Lotto on major jackpot miss
The Lottery Corporation, which holds licenses for Powerball, Oz Lotto, and TattsLotto, has seen a profit dip after an unfavourable performance in its key games.
BHP chief labels state’s royalty regime unsustainable
A sliding scale royalty regime introduced by a state four years ago means investing there is unsustainable, the head of BHP says.
Super members to get more advice in financial shake-up
The financial advice sector will undergo a major overhaul in an effort to thwart "bad actors" attracted to Australia's huge pool of retirement savings.