Better but ‘not perfect’ tax reform wins expert support
Senators are being told to drown out the cries of vested interests and pass tax changes some economists say will make the economy fairer for working people.
economy, business and finance
Reserve Bank meets with rates tipped to stay on hold
Borrowers can finally expect relief from quickfire interest rate rises with the Reserve Bank poised to maintain the status quo for the first time in 2026.
Geneva on high alert as 50,000 G7 protesters expected
Luxury shops and banks are boarded up in the Swiss city of Geneva in anticipation of anti-G7 protests as leaders attending the summit are due to fly in.
Relief likely as Reserve Bank tipped to hold cash rate
The Reserve Bank is widely tipped to leave interest rates on hold for the first time this year despite inflation still being above target levels.
Musk’s SpaceX surges past $US2 trillion in Nasdaq debut
SpaceX has made its stock market debut in a record initial public offering, with the company's value surging past $US2 trillion.
SpaceX shares gain 20 per cent after record IPO
Elon Musk's SpaceX has made its stock market debut in a record initial public offering, with shares opening more than 20 per cent higher.
‘Take a breath’: Google tells Aussies to relax about AI
Workers need to stress less about the impact of artificial intelligence on their jobs, Google's Australian managing director says, and adapt to the disruption.
Anxious wait for Aussie investors ahead of SpaceX float
Super funds, institutional investors and tens of thousands of retail investors are waiting to see whether they have been allocated shares in the SpaceX float.
After record IPO, SpaceX faces test in market debut
SpaceX has made history after raising $106 billion to become the biggest IPO ever. Now the market is set to find out the strength of the stock's "Musk premium".
Female founders to gain access to new financial backing
Female founders will have greater access to venture capital funding under a new program designed to help tackle the gender gap in start-ups.
Popular goods retailer eyes regions for store expansion
Super Retail Group, which owns Supercheap Auto, Macpac, BCF and Rebel, is expanding its store footprint to 900 within five years under a new growth plan.
Relief for workers with lifeline for ailing smelters
Smelter operator Nyrstar hasn't ruled out needing further taxpayer money after extra funds were announced to prop up two ailing facilities.
‘Transformative’ airport to open with meagre schedule
An international airport will open with less than two dozen domestic flights a week, but it's hoped it can give passengers better travel options.
breaking_news
economy, business and finance
housing and urban planning
politics
state budget and tax
Higher debt, cheaper homes as territory axes stamp duty
Stamp duty will be abolished for ACT first home buyers in an Australian first, despite the territory budget set to surpass $12 billion in debt.
Aussie retailers under pressure from e-commerce giants
Australians are continuing to turn to global e-commerce providers as rising costs weigh on household budgets, heaping more pressure on local retailers.
economy, business and finance
financing and stock offering
personal investing
satellite technology
space programme
Aussie demand for SpaceX float overwhelms call centres
The lead Australian broker on the $2.5 trillion public launch of Elon Musk's SpaceX is experiencing "extremely high" call volumes as investors try to get in.
Big bank changes RBA rate call as cost pressures ease
Slowing economic activity and softer price growth could convince the Reserve Bank to keep rates on hold, with inflation pressures weaker than initially feared.
Just a mimic of One Nation: coalition cops Labor serve
One Nation's rise in the polls is no shock to experts who say it's been brewing for years, as the coalition fails to rule out a preference deal with the party.
Fuel stocks look secure into August as price hike eases
The nation's fuel reserves are flush as petrol prices at the bowser continue to drop, but motorists could be in for a shock when the excise discount ends.
Trans-Tasman ties never better despite tax jibe: PM
The diplomatic relationship between Australia and New Zealand has never been stronger, both leaders insist, despite commentary over recent budget announcements.
Poll surge for populists trigger for PM’s tax backflip
Australians believing the economy wasn't working for them forced the federal government to change its stance and implement controversial tax reforms.
Penfolds maker focuses on top drops as tastes shift
Treasury Wine Estates believes its future lies in focusing on its top 10 "power" brands, including its flagship Penfolds reds, to improve shareholder returns.
‘Fig leaf’ tariffs blasted as US fires fresh tax salvo
A new round of US tariffs has generated a rare moment of political unity in Australia, with the government and opposition pushing back on the proposed changes.
breaking_news
budgets and budgeting
economic policy
economy, business and finance
politics
state budget and tax
Budget relief for families but debt burden soars
South Australians will share in a $500 million package to ease the cost of living as the government insists a $53 billion debt won't spiral out of control.
Officials bank on economic slump helping tame inflation
Australia is not experiencing stagflation but higher interest rates will help cool the economy and inflation, the nation's top bank official says.
New data lights up enormity of tobacco black market
New wastewater analysis of nicotine consumption in Australia shows black market tobacco makes up a much larger share of sales than previously thought.
Big lottery operator plans to step up the fun factor
The company that runs Powerball believes its digital operations have done a poor job of capturing the fun and joy of playing the lottery.
auto trends
automotive equipment
consumer goods
consumers
diesel fuel
economy, business and finance
energy (general)
environmental issue
environmental pollution
renewable energy
road transport
transport
Shifting gears: electric cars surge during fuel crisis
Australian motorists bought a record number of electric and hybrid vehicles for the third month in a row, while petrol and diesel vehicle sales slowed.
Tardy approvals leaving clean energy dollars in limbo
Australia's most populous state and biggest energy user still ranks among the slowest approval times for renewables, suggesting further reform is needed.
consumer confidence
consumers
economy (general)
economy, business and finance
investments
personal income
Data centre boom fails to boot up lagging economy
A fourth Reserve Bank rate hike is still on the cards for 2026, despite a slowdown in economic growth, falling productivity and high labour costs.
building material
construction and property
economy (general)
economy, business and finance
heavy construction
house building
housing and urban planning
Interest rate impact hits housing approval levels
The number of new homes being approved fell once again during April, and the Reserve Bank is being blamed for the downturn.