Call for adult wages for youth in retail, fast food
A union is demanding the federal government implement adult wages for young workers in retail, fast food and pharmacy jobs.
economy, business and finance
Search for signs of Trump trade slowdown as RBA meets
Uncertainty, both known and unknown, surrounding Donald Trump's tariffs and their economic impact could spur the Reserve Bank to cut interest rates on Tuesday.
Starlight recipient-turned-volunteer ‘pays it forward’
More people are being urged to join the millions of Australians who volunteer each year, everywhere from hospitals to local parks and creeks.
US to send letters within weeks on trade: Trump
US letters on trade will be sent to other countries over the next two to three weeks, US President Donald Trump says.
Thorny nature reforms threaten to entangle new minister
Labor's pledge to deliver a once-in-a-generation overhaul of environmental laws went unfulfilled in its first term, leaving a new minister to finish the job.
Interest rate cut tipped despite Trump tariff backdown
The Reserve Bank is widely expected to deliver a second interest rate cut as global trade uncertainty threatens to rain on Australia's economy.
Mind the gap: $1 million homes driving up wealth divide
Home ownership rates continue to decline as more homes crack $1 million in value, making it harder for young Australians to keep up.
Money still on rate cut despite surprise spike in wages
Workers have enjoyed their sixth consecutive quarter of pay packet growth as all eyes turn to the Reserve Bank's upcoming decision on interest rates.
‘Hubris’: financial giant in hot water over breaches
Macquarie's brokering arm is being taken to court by the financial regulator for allegedly failing to report up to 1.5 billion short sales over 14 years.
Telco complaints a symptom of cost-of-living crisis
Telcos are failing to offer sufficient help to customers struggling to pay their bills, as the telecommunications watchdog receives a spike in complaints.
Mortgage relief could be limited as jobs market expands
An unexpected jump in employment has led the money market to pare back its hopes for further mortgage relief after a widely expected rate cut next week.
Oil dives on US-Iran hopes as stocks surge stalls
A potential US-Iran nuclear deal has caused oil prices to tumble, while global share markets caught their breath as trade optimism died down.
Trump hails China talks, says ‘total reset’ negotiated
Donald Trump says a "total reset" has been negotiated during tariff talks between the US and China, and "great progress" has been made.
Jobs and wage data in focus ahead of interest rate call
Most analysts are asking not if, but by how much, the Reserve Bank will cut interest rates - and upcoming jobs data could be pivotal to that decision.
US and China reach deal to cut trade tariffs – for now
The US and China have agreed to slash tariffs for 90 days following talks aiming to end a trade war that's raised fears for the global economy.
Consumers in crossfire despite US-China trade war truce
An index measuring consumer sentiment is improving after the US tariff announcements, but Australians are warned the economic impact still remains uncertain.
US, UK announce trade deal but 10 per cent duties stay
UK beef farmers will be allowed access to the US market after a deal, joining a group of select countries including Australia with such an arrangement.
ANZ shares sell-off after flat cash profit of $3.6b
Investors have hit sell on ANZ shares after the big four bank posted a cash profit less than what the market hoped to see.
Renewables influx a cooler change to summer energy mix
More batteries, solar and wind have combined with shrinking coal input to help slash greenhouse gas emissions from Australia's main electricity grid.
US could announce some trade deals ‘this week’
US President Donald Trump's administration is negotiating with 17 major trading partners on deals, Treasury Secretary Scott Bessent says.
NAB’s $3.6b earnings top expectations but risks remain
National Australia Bank has reported a slight rise in interim earnings and says it's in good shape despite the economic threat posed by US tariffs.
Australian farmland values just keep on growing
Farmland values have surged in Tasmania and Queensland off the back of a rebound in cattle prices, while the market in drought-affected areas has slowed.
Warren Buffett announces retirement plans
Warren Buffett, 94, has shocked an arena full of his shareholders by announcing that he wants to retire at the end of the year
Overseas rates decision to dominate domestic chatter
Australian investors and markets will keenly monitor how Donald Trump's tariffs impact the US Federal Reserve's outlook for future interest rate cuts.
End of the road for freeze on car rego and other fees
A state's year-long reprieve from car registration price hikes will come to an end when the government raises its fees and charges again.
Weary retail recovery has rate cut almost in the bag
All the smoke signals point to an interest rate cut as Australian retail spending continues to grow amid cooling consumer and producer inflation.
Rate cut could fuel further ‘modest’ house price growth
Australia's house prices continue to climb across every capital city after a recent interest rate cut, despite a slump in auction clearance rates.
Trump urges patience on tariffs as US economy shrinks
President Donald Trump has marked 100 days in office facing falling polls and struggling to explain data showing the US economy contracted over his trade war.
Faster return to surplus promised in coalition costings
The coalition has pledged the budget will be $14 billion better off over the next four years, releasing its costings two days out from the federal election.
Trump signs order to ease car tariffs burden
US President Donald Trump has signed an order on car tariffs designed to give some relief to the auto industry on the eve of his 100th day in office.
Students and hire staff pay for Labor election pledges
Labor reveals how it would balance the federal budget with its election promises as a global agency warns government spending could trigger a credit downgrade.