Sweden to host US, China talks on tariff deadline
US and Chinese negotiators will meet in Sweden to discuss extending a deadline to avert higher tariffs, US Treasury Secretary Scott Bessent says.
US and Chinese negotiators will meet in Sweden to discuss extending a deadline to avert higher tariffs, US Treasury Secretary Scott Bessent says.
The next Olympic Games in Australia is forecast to inject more than $70 billion into the economy over 20 years but an expert has cast doubt over its legacy.
With the threat of US tariffs looming, Treasury Secretary Scott Bessent says his government is more focused on the quality of trade deals, not their timing.
Borrowers are hoping for clarity on the Reserve Bank's next moves as an unexpected jump in unemployment firms the case for an interest rate cut.
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Australians are being warned about possible further rises in unemployment after a shock jobless rate jump that has strengthened the case to cut interest rates.
The prime minister has wrapped up an almost week-long visit to China but the opposition is still calling for ties with allies like the US to be prioritised.
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The prime minister's tone on during his China trip has been defended as diplomatic and respectful as the opposition called for him to be more forceful.
Australia's unemployment rate has bucked expectations and risen as economic headwinds take their toll on employers.
Visiting Chinese cultural icons will pay dividends for Australia, the prime minister says as the opposition claims parts of his trip seem indulgent.
European Union representative Maros Sefcovic is set to meet US officials in Washington DC for trade talks.
Political leaders hope a sluggish planning system can be jump-started with cheap, pre-approved architectural designs to entice developers to break ground.
Countries are being urged not to bow to Donald Trump's trade demands as Australia's treasurer prepares to meet with his global counterparts.
Australians looking to build their own homes are facing a reality check as construction costs rise, with the increase likely to also weigh on inflation.
Anthony Albanese has used a visit to the Great Wall of China to emphasise Australia's wish to engage on ways to build regional security and stability.
President Donald Trump says he has agreed to a tariff deal on goods entering the US from Indonesia.
Scrapping surcharges could save Australians about $1.2 billion, but small businesses think they will have to foot the bill.
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China's premier has applauded Anthony Albanese's efforts to restore Chinese-Australian relations after they had reached "a low point" in recent years.
South Korea is racing to reach a compromise trade pact in the hope of avoiding a 25 per cent tariff slapped on exports by US President Donald Trump.
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Efforts to end Chinese ownership of an Australian port highlight challenges to the prime minister's ambition to grow business ties between the two nations.
Forward indicators suggest Australia's unusually low unemployment rate will stay steady in fresh data set to be released by the Australian Bureau of Statistics.
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The prime minister has called on an ex-Socceroo and a Chinese film star to promote Sino-Australian ties while facing an untimely reminder of regional tension.
In an escalation of the global trade wars, US President Donald Trump has slapped the EU and Mexico with 30 per cent tariffs.
Business opportunities will rub up against security and ideological tensions as Prime Minister Anthony Albanese leads an Australian delegation to China.
A vast collection of rock art has been recognised as a World Heritage site but advocates warn the engravings are under threat from industrial expansion.
European Union officials believe they may receive a letter from US President Donald Trump outlining tariff levels for the bloc.
Biosecurity authorities are on alert after destructive fire ants were found at a coal mine 800 kilometres from the previous infestation zone.
In the latest salvo of US President Donald Trump's trade war, he wants to hit Canada with 35 per cent tariffs and other nations with levies up to 20 per cent.
Demand for Indigenous products across the Asia-Pacific region is strong, as the founder of this chocolate manufacturing business well knows.
An administrator has vowed to sack more CFMEU members to initiate a culture change after a report exposed the union's aggressive intimidation tactics.
US President Donald Trump has issued a round of tariff letters to eight countries: the Philippines, Brunei, Moldova, Algeria, Iraq, Libya, Sri Lanka and Brazil.
A slowdown in rental growth even with still-low vacancy rates suggests renters have maxed out on what they can afford.