diplomacy economy, business and finance international (foreign) trade international relations politics trade dispute

Trump reschedules to meet Xi in China in May

A meeting between US President Donald Trump and China's head of state Xi Jinping will take place in mid-May, according to the White House.

arts, culture and entertainment computing and information technology crime, law and justice economy, business and finance judge mental illness technology (general) trials

Meta, Google lose US trial over social media addiction

A US jury has ruled YouTube and Instagram were ‌negligent in the design ‌of their apps ⁠and the companies that own them failed to warn about their dangers.

construction and property economy, business and finance lifestyle (house and home)

Hard time for renters as landlords squeeze tight market

Rising interest rates and living cost pressures mean it will be a tough year for the housing market, and even more so for renters.

consumers crisis diesel fuel economy, business and finance food - consumer goods petrol unrest, conflicts and war

Bigger fines for dodgy servos but fuel fears remain

Fresh produce is likely to go up in price as higher fuel costs flow through the nation's supply chains, but relief to petrol shortages is on the way.

economy, business and finance employment manufacturing and engineering politics research science and technology

Industry bailouts defended as Iran war smashes markets

Industry Minister Tim Ayres has outlined the government's industry-science strategy, saying global instability and the conflict in Iran demands stronger ties.

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Billions for Rio smelter rescue hailed as ‘slam dunk’

An aluminium smelter will get billions of dollars in government funding to stay open and save thousands of jobs in the latest bailout of a metals manufacturer.

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Calm before storm: RBA braces for spikes and hikes

The economy is expected to be hit with a savage inflation spike which will in turn increase the chances of more interest rate hikes.

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Cheaper goods to flow under ‘hard yakka’ EU trade deal

Australia and Europe will go on a tariff-slashing blitz, inking a historic trade deal after almost a decade of sometimes-intractable negotiations.

breaking_news disaster and accident economy, business and finance politics

Cuba restores power to Havana after grid collapse

Cuba has begun restoring power in the capital Havana after the third major grid collapse this month that left 10 million people in the dark.

diplomacy economy, business and finance international (foreign) trade international relations politics trade agreements trade policy

EU leader touches down as PM hopes to land trade deal

The president of the European Commission has begun her three-day visit to Australia, as a long-awaited free-trade deal with the bloc appears set to be resolved.

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New Ukraine-Russia POW exchange possible: Zelenskiy

Ukrainian President ‌Volodymyr Zelenskiy is optimistic about further prisoner of war swaps between his country and Russia after talks with the US concluded.

economy, business and finance electrical appliance electricity production and distribution energy energy and resource environmental issue renewable energy technology (general)

Free midday power just the start for energy equity

Zero-cost daytime energy is about capitalising on Australia's solar success story but more could be done to ensure renters and apartment occupants benefit.

economy, business and finance energy and resource natural gas politics

Labor considers windfall gas tax amid Iran price spike

A new tax on extraordinary gas profits caused by the Middle East conflict could raise an extra $27 billion per year for the federal budget, advocates say.

central bank economy, business and finance inflation and deflation interest rate money and monetary policy

Three more rate hikes tipped as prices begin to rise

Construction contractors are already hiking prices due to rising fuel costs, in a sign the US-Israeli war in Iran is contributing to economy-wide inflation.

economy, business and finance politics unrest, conflicts and war

Trump calls for Japan, NATO to ‘step up’ on Iran

Donald Trump has defended the secrecy of the US campaign in Iran by invoking Japan's attack on Pearl Harbour during a meeting with the Japanese prime minister.

breaking_news crisis economy, business and finance energy (general) oil and gas - downstream activities oil and gas - upstream activities unrest, conflicts and war

Iran hits Kuwaiti oil refinery, blasts boom over Tehran

Israel and Iran have launched fresh attacks on each other, a ‌day after Tehran struck an Israeli oil refinery.

economy, business and finance energy environmental issue weather

Power bill relief on the cards as wholesale prices fall

Power bill saving of up to $200 can be anticipated for some customers next financial year under proposed safety net prices.

central bank economy, business and finance

RBA frets over severe global shock from Middle East war

Spillover from the Iran war and an uptick in risky lending to first-home buyers could threaten Australia's financial stability, the Reserve Bank warns.

construction and property economy, business and finance housing and urban planning

Safe as houses: home resale profits go through the roof

Record home sales profits are lining the pockets of people in the housing market, while pushing the price of admission beyond the means of ordinary Australians.

breaking_news consumer issue - macro economics diesel fuel economy, business and finance oil and gas - downstream activities oil and gas - upstream activities petrol politics unrest, conflicts and war

‘Over-prepared’: PM’s pledge on growing fuel crisis

Australia will have a single point of contact co-ordinating fuel supplies and issues that might arise due to the Iran war, with further measures expected.

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Spike in jobless rate unlikely to end RBA hiking cycle

A rise in unemployment and a surge in hiring point to conflicting impulses in Australia's labour market, but conditions remain relatively tight.

budgets and budgeting economic policy economy, business and finance politics productivity public finance

Treasurer softens up voters for ‘hard decisions’ on tax

The government will warn of a hit to economic growth and Australia's productivity performance in the upcoming budget, raising the stakes for ambitious reform.

arts, culture and entertainment economy, business and finance heads of state health human interest imperial and royal matters

Royals celebrate another Danish-Australian star pairing

King Frederik and Queen Mary have admired the work of another Danish-Australian duo as the royals headed to an art exhibition at a trendy converted warehouse.

economy, business and finance energy and resource mining

Incoming BHP boss calls on Australia to mend its ways

Australia needs to adopt more business-friendly policies on energy and labour if it is to compete for capital, the new boss of mining giant BHP says.

arts, culture and entertainment economy, business and finance entertainment (general) mass media radio radio industry

Radio giant takes big bet in Sandilands contract fight

Kyle Sandilands may have played a shrewd move after his axing by focusing attention on his radio masters rather than himself, legal experts say.

breaking_news central bank diesel fuel economy, business and finance inflation and deflation interest rate mortgages petrol unrest, conflicts and war

Treasurer warns of major economic damage from Iran war

Fresh modelling shows oil price shocks and soaring prices for other commodities will have a lasting impact on Australia's economy.

Australian rules football economy, business and finance environmental issue heads of state human interest imperial and royal matters

Up there Queen Mary: royal kicks goals in MCG debut

Denmark's Queen Mary has lived out the dream of many Australians, booting a goal at the MCG as she met AFL players during a return to her home nation.

coal economy, business and finance

Coal miner reaps price rise from Middle East conflict

Coalminer New Hope is experiencing a price lift for the black mineral from the war in the Middle East, after posting a sharp fall in interim profit.

central bank economy, business and finance inflation and deflation interest rate mortgages

Collateral damage: war threatens to blow up inflation

Domestic pressures were behind the Reserve Bank's decision to hike interest rates, governor Michele Bullock says, although the Iran war will worsen inflation.

disaster and accident economy, business and finance energy environmental issue fire flood global warming think tank weather

Summer climate ‘whiplash’ hitting harder and faster

Australia is seesawing between floods and fires with increasing frequency, leaving a trail of ecosystem stress, property damage and strained council budgets.

economy, business and finance politics

Trump-Xi meeting could be delayed, White House says

A White House spokeswoman says it is possible US President Donald Trump's visit to China could be delayed.