Reserve Bank board shake up outlined in new laws
The federal treasurer has introduced legislation that will underpin the biggest set of reforms at the Reserve Bank in decades.
economy, business and finance
Talks on Queensland infrastructure funds keep trucking
Queensland has made the case for more federal funding for roads and rail after the Commonwealth slashed infrastructure funding for projects around the country.
Jaber rejects report UAE sought COP28 hydrocarbon deals
The president-designate for the upcoming COP28 climate talks has denied a report alleging the UAE planned to use the summit to strike oil and gas deals.
Back in the red, no second surplus in budget update
The mid-year budget update will reveal a substantial improvement to the bottom line, but not a surplus, the federal treasurer says.
Climate information integrity threat ahead of summit
The climate crisis is being made worse by an information crisis, with some Australian outlets accused of peddling fake news and adding to confusion and delay.
Easing inflation takes heat off interest rate rises
Cooling inflation figures have improved the chances of the Reserve Bank keeping interest rates on hold.
Queensland government train contract set to deliver 800 jobs
The Queensland government has announced a $4.6 billion contract with transport construction company Downer as the primary manufacturer
PwC censured, fined almost $100,000 after tax leak
PwC has been fined nearly $100,000 after a disciplinary tribunal found it brought discredit on the accounting profession.
States push back on cuts to infrastructure spending
Queensland is spending more on infrastructure than the federal government is "in the whole of Australia", the state's premier says.
Retail sales dip as shoppers hold off for Black Friday
Consumers hit the pause button on spending in the lead up to the Black Friday sales period, official retail trade data suggests.
UK central banker nabbed to take over as RBA deputy
Bank of England's Andrew Hauser will be the next deputy governor of Australia's central bank, bringing a "fresh, global perspective" to the key institution.
Financial hardship creeping into higher income brackets
More Australians are struggling to meet financial obligations such as paying for food and basic goods, mortgage repayments, or funding an emergency.
Cultural stigma holds workplaces back as pay gap falls
An increase in the number of women in leadership roles has helped reduce the gender pay gap but cultural change is needed to eliminate it entirely, data shows.
SA puts deadline on silicosis-causing engineered stone
Engineered stone could soon be ditched in South Australia if a national ban is not enforced, with state and territory leaders set for further talks.
Insurance Council warns higher prices ‘baked in’
The Insurance Council of Australia chief says households and businesses are feeling the squeeze, with more people forced to forego or reduce insurance coverage.
Croppers warn winter harvest is not looking great
As the winter crop harvest winds up earlier than usual, the nation's biggest wheat producer WA is reporting lower than expected volumes with some yields halved.
Gladstone Hydrogen project gets $228 million in funding from Fortescue
Fortescue Energy, has approved a $228 million investment in its hydrogen project in Gladstone, Queensland as part of The CQ Hydrogen Hub.
Why further RBA interest rate hikes are less likely now than even 1 week ago
Since Australia’s Reserve Bank hiked interest rates two weeks ago, there have been two important developments – one in the United States and the other in the United Kingdom. If it’s not clear to you why events overseas influence Australia’s interest rates, which are meant to be set to control Australian inflation, read on.
Feds ‘supercharge’ clean energy build to keep lights on
Clean energy sources will take over from ageing coal power stations under a supercharged federal scheme, but critics say household bills will rise without gas.
RBA stares down ‘increasingly homegrown’ inflation
The head of Australia's central bank says the drivers of inflation are shifting and that means it will be harder to combat price pressures in the economy.
Albanese defends inflation-busting plan amid blowback
The federal government has backed its inflation-fighting policies as the opposition says Labor's perception of price pressures is at odds with the Reserve Bank.
economy, business and finance
electricity production and distribution
energy
energy and resource
manufacturing and engineering
politics
transport
Hydrogen cars next cab off the rank as demo servo opens
The national science agency has achieved a key milestone in the development of a local hydrogen industry with the opening of a refuelling and research station.
Fortescue hit with first strike, unveils green spend
Fortescue Metals Group has received a "first strike" on executive pay as the iron ore miner unveiled plans to splash $1.1 billion on green hydrogen.
RBA hones in on domestic demand in inflation fight
The Reserve Bank fired off an interest rate hike last month to take out insurance against lingering inflation risks, minutes from a board meeting confirm.
All eyes on RBA messaging for hints on rates outlook
Public appearances from senior Reserve Bank officials should shed some light on the future outlook for interest rates as the tightening cycle nears its end.
More cash on offer for first home buyers
The Queensland government is doubling grants to first home buyers in an effort to get thousands more people into the property market.
Embattled Optus CEO resigns after fraught 18 months
Optus CEO Kelly Bayer Rosmarin has stepped down after a challenging 18 months marked by two of the telco giant's worst and most public disasters.
Subdued 2024 for property as rate pain hits home
A mixed year is expected for Australian property markets, with SQM Research expecting strong growth in Brisbane and Perth but weaker performance elsewhere.
agriculture
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
manufacturing and engineering
metal and mineral
mining
politics
transport
Battery economy: From ‘dig-and-ship’ to ‘mine-and-make’
Some $2 billion in capital and other sweeteners could turn Australia from the world's quarry into a "mine-and-make''nation driving the battery supply chain.
Four in five Australian housing markets in growth mode
The rebound in home prices has reached most parts of the country although the pace of growth varies across cities and regions.
Indo-Pacific agreement on clean energy, anti-graft
A US-led grouping of Indo-Pacific countries has agreed to cooperate on clean energy, anti-corruption and supply chains, but have not reached a trade pact.