Migration plan wobble raises questions for opposition
Shadow Treasurer Angus Taylor has defended inconsistencies in his party's migration plan, saying the overall point of the exercise is to free up homes.
economy, business and finance
Coalition commits to nuclear despite damning report
A report has found nuclear energy would be significantly more expensive than renewables but the coalition has backed in plans for the power source
Living costs pose ‘difficult choices’ for young people
The gap in spending between the young and the old is getting wider, with Australians in their mid-to-late 20s cutting back on essentials.
consumers
economy, business and finance
electricity production and distribution
energy
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
Shipping gas from coast to coast could solve shortfall
The gas industry says it is misunderstood, particularly by millennials, as the rubber hits the road to net zero amid an impending gas shortfall in some regions.
Telstra urged to dial back ‘appalling’ mass job cuts
Telco giant Telstra will axe up to nine per cent of its workers, chasing $350 million in cost savings as it focuses on better-performing parts of its business.
Consumer spending the wildcard in rate hike uncertainty
The spending appetite of consumers remains a key source of uncertainty for the Reserve Bank as the battle against inflation rages.
Green iron to go ahead under future industries push
Production tax incentives unveiled in the federal budget are expected to benefit places like Gladstone and help them secure a spot in the net zero economy.
Regions open to migrants even in plan to slash numbers
Regional towns and universities would continue to welcome international students and workers under the coalition's plan to address the housing crisis.
Rationale behind RBA’s last cash rate call on show
The minutes from the last Reserve Bank meeting will outline the thinking behind keeping rates on hold and how seriously the case to hike was considered.
Gabba won’t lose seats in 2032 Olympic rebuild
Speculation that a Gabba rebuild will reduce its capacity has been dismissed as the 2032 Olympic venue plan gained momentum with projects set to go to tender.
Relief on energy bills for all in a federal budget that bets on lower inflation
A $300 energy rebate for all households from July 1 and a 10% increase in Commonwealth Rent Assistance are key measures in a budget targeting cost-of-living relief that put downward pressure on inflation.
Dutton’s target on migrants a ‘race to the bottom’
A coalition plan to slash migration has been labelled as "xenophobia" and Labor is being urged not to allow the "racist trope" to dictate the housing debate.
Licence suspension delay for Queensland casinos
Two Queensland casinos will have their licence suspensions delayed again as the state waits on a NSW inquiry's findings.
Rental vacancies ease as political housing brawl stirs
A small lift in vacancy rates offers a ray of sunlight for renters as challenges in the housing market become a sharper focus for the major political parties.
New copper mine for Qld’s ‘energy transformation’
A copper mine in Queensland's north has been granted a lease to begin operations, expanding the life of the site for another 10 years.
‘Massive incentive’ to replace diesel with hydrogen
Hydrogen-powered transport could give diesel-powered cars, utes and trucks a run for their money and reduce Australia's reliance on imported fossil fuels.
Loosening jobs market eases pressure on Reserve Bank
The Australian jobless rate has moved higher to 4.1 per cent despite a stronger-than-expected 38,500 employment increase.
Dutton pledges to slash migration to fix housing crisis
Peter Dutton has laid out a plan to get Australia "back on track" in his budget response that would crack down on migration and international students.
Graincorp half-year profit falls 75pc to $50 million
Graincrop has had a "resilient" six months given falling grain prices and poor growing conditions in the northern half of eastern Australia.
Antarctic mission and Great Barrier Reef secure funding
Australia's research in Antarctica has been boosted, with Environment Minister Tanya Plibersek saying it will better protect our natural world.
Economists warn budget could ‘poke inflationary bear’
Loosened purse strings cast doubts over the inflation-fighting credentials of the Albanese government's third budget, which also points to a weakening economy.
Treasurer backs rebates for all in cost-of-living fight
Treasurer Jim Chalmers has defended the use of $300 energy rebates for all households in the federal budget, despite calls to means test the measure.
Wages still outpacing inflation, silver lining for RBA
Workers enjoyed a pay-packet bump in the March quarter but a drop in the wage price index has eased fears wages are contributing to inflation.
Off-ramps built into Labor’s future industries agenda
Another era of prosperity is at the heart of the government's new industry plan, yet much hinges on its design to ensure taxpayer funds are used wisely.
Sparks fly over energy bill handouts for the wealthy
Treasurer Jim Chalmers has defended a handout of energy rebates to all households despite calls to have it extended more to those struggling to make ends meet.
Biden says US to hike tariffs on Chinese electric cars
Chinese electric vehicles, computer chips and medical products will become more expensive in the United States, President Joe Biden says as tariffs are raised.
NSW ‘big budget winner’ despite $2b GST cut: treasurer
The reviews are rolling in on Tuesday night's federal budget, with two Australian states split on the support they've received from Canberra.
No ‘glamour’ in Territory’s crime-busting budget
The Northern Territory has unveiled a crime-fighting budget, with cash also splashed to improve schools before an election in August.
Households to get energy bill relief, rent help goes up
Energy bill relief and more rent assistance will form part of a cost-of-living package in the federal budget to help Australians struggling to makes ends meet.
Government defends faster inflation fall than RBA
Inflation will be back within the Reserve Bank's target range a year earlier than the bank has predicted, based on government budget figures.
Chalmers threads budget needle with difficult economy
Treasurer Jim Chalmers is confident he can beat inflation in the near term while gearing up for growth in a low-carbon world in his government's third budget.