
NSW, Queensland biggest losers in ‘absurd’ GST carve-up
Victoria and Western Australia are multi-billion-dollar winners in the latest carve-up of the Goods and Services Tax , which NSW has slammed as "absurd".
Victoria and Western Australia are multi-billion-dollar winners in the latest carve-up of the Goods and Services Tax , which NSW has slammed as "absurd".
The head of one of Australia's two big supermarkets says the sector is becoming increasingly competitive and online retailers are part of the story.
Australia's first climate risk assessment is grim reading and outlines the threats people could face if the nation fails to prepare well for what's ahead.
NSW will be $1.65 billion worse off after its share of GST revenue was slashed from 92.4 per cent to 86.7 per cent - the largest single-year drop in 24 years.
Businesses are feeling the crunch from cost of living pressures as new data shows payment defaults from business-to-business transactions are at record highs.
Hundreds of nuisance tariffs on everyday items like tools, clothing, dishwashers and more will be scrapped in a move that will save businesses millions.
An inquiry aired serious concerns about efforts to eradicate fire ants - a hyper-aggressive super pest that could change what it's like to live in Australia.
Former Melbourne Demons president "Diamond" Joe Gutnick has been disqualified from managing corporations for his involvement in three failed companies.
Women are increasingly being recognised for their success in the agricultural sector in production, biosecurity, science and as champions of future farmers.
Australia's economy grew very little last quarter but the result was broadly in line with forecasts and unlikely to change the outlook for interest rates.
The major supermarkets have offered "rock bottom" prices for purchasing produce because of their influence, farmers have told a parliamentary hearing.
A Senate inquiry has heard there has been an uptick in people resorting to getting groceries from supermarket dumpsters.
The consumer regulator has vowed to find answers to shoppers' complaints of sky-high grocery prices and farmers' concerns about low supermarket payments.
Australia will launch a $2 billion program to turbocharge trade with Southeast Asia, as regional leaders get up close and personal with crocodiles and koalas.
The Australian economy looks to have narrowly missed a quarter in decline based on economic indicators released ahead of official growth figures.
Australia's efforts to eradicate deadly fire ants have been savaged by former insiders and the woman who led a review that was buried.
A key super fund body says taxpayers are on the hook for between $75 billion and $85 billion because of the Morrison government's early super access policy.
Australia Post may have to shrink its retail network as falling foot traffic and low letter activity threatens the service's financial viability.
An Australian offshore wind pioneer urges less politics and more investment in a nation that's been "smug" about energy for far too long.
Property prices in Perth, Adelaide and Brisbane still grew the fastest in January but Melbourne and Sydney also had a more convincing month.
Ministers have agreed on steps to fill the nation's energy gap but a former deputy central bank governor says $625 billion in clean energy investment is needed.
Australia could usher in the next boom by switching ammonia production plants from gas to renewable hydrogen to supply the mining sector with green explosives.
Treasurer Jim Chalmers says Australia is not immune nor complacent in the face of economic challenges though a soft landing is still anticipated.
The consumer sector is clearly in pain and prioritising discounted goods, making it a difficult time to be a discretionary retailer.
Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.
Stretched households will welcome promising signals on price pressures as a key monthly measure comes in softer than anticipated.
Internal migration has dropped as fewer people make the move between the cities and the regions, but those who are escaping the rat race are going to the coast.
Critics say Woodside Energy's carbon reduction plans are "meaningless" as the oil and gas giant expands to meet decades of demand expected for Australian LNG.
Australian employers are under pressure to close their gender pay gaps and could face hurdles getting contracts with government if they don't change.
Opponents of a homebuyer scheme that would split upfront costs with the government are being urged to back the plan to help more people buy their first house.
Qantas' naming of former Telstra boss John Mullen as its next chairman has been welcomed by airline staff, who say he has an open-door approach to workers.