RBA fires off Melbourne Cup day interest rate hike
Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.
economy, business and finance
Pact puts handbrake on ‘defining technology of our age’
A pact on artificial intelligence is intended to protect people from harm without stifling breakthroughs in vaccines, computing and defence.
FTX’s Sam Bankman-Fried guilty of defrauding customers
After 15 days of testimony and just four hours of deliberation, a jury has found FTX founder Sam Bankman-Fried guilty of defrauding customers.
Net zero policy to draw on national strengths: Chalmers
Critical minerals, battery manufacturing, renewable hydrogen and green metals have been flagged as net zero industry priorities by the federal treasurer.
IMF urges higher interest rates to control inflation
An independent assessment of Australia's economy says interest rates will need to lift higher and government effort will be required to bring inflation down.
BHP asserts green credentials despite backlash
BHP says its investment in critical minerals shows it is bringing about the clean energy transition but critics denounce the environmental impact of its mines.
economy, business and finance
electricity production and distribution
energy
energy and resource
manufacturing and engineering
mining
politics
High-purity silicon from Townsville to power the world
Silicon for solar panels and batteries will be part of a green precinct for high-tech manufacturing to kickstart new supply chains and end China's dominance.
RBA warns of looming financial stability risks
Australia faces a number of emerging risks to financial stability that look quite different to those of recent decades, RBA assistant governor Brad Jones says.
Housing rebound eyes new mark but rates threat looms
National home prices are about to hit a fresh peak in October, though the pace of growth is starting to slow.
Retail sales dig in with hotter than expected growth
The new iPhone model, government policies and unseasonably warm weather have all helped prop up retail sales ahead of a much-anticipated cash rate decision.
Boozers reach for cheap hooch as sales lag at Endeavour
Liquor retailer Endeavour Group says shoppers are switching to cheaper products at Dan Murphy's and BWS as the company struggles to keep up with competitors.
Bank lending not helping Australia’s ailing environment
Australian Conservation Foundation research has questioned the lending practices of Australian banks and their impact on nature.
Strong competition as Vic economy ranked nation’s best
Economic activity, retail spending and business investment has catapulted Victoria to best performing economy in the nation but it faces stiff competition.
Auction jump ahead of expected Cup day rate hike
An expected rate hike on Melbourne Cup Day has impacted the number of homes going under the hammer, with clearance rates tipped to jump.
Wine and spirit bottle refunds offered in Aussie first
Queenslanders will now be paid 10 cents for empty wine and pure spirit glass containers at the state's recycling stations, as the scheme expands.
Fresh insights into retail sector, housing market
Consumers have been reining in their spending in response to high interest rates and new data may signal a continuation of this trend.
Coal fires up Queensland’s budget surplus
Net debt has shrunk and the budget surplus has boomed, a report into the Queensland government's finances has revealed.
Casual worker changes threaten jobs: Wesfarmers chair
Corporate heavyweight Michael Chaney says proposed changes to Australia's labour laws would add complexity and cost.
Government faces global and local calls for tax reform
Australia should consider revenue raising options that are less vulnerable to an ageing population than income tax, the OECD says.
Woolworths shareholders revolt after two worker deaths
Woolworths Group shareholders have rejected the company's remuneration framework, saying bonuses should have been slashed more after the deaths of two workers.
agriculture
banking
coal
economy, business and finance
education
electricity production and distribution
energy
energy and resource
government health care
manufacturing and engineering
mining
politics
transport
Plan to step up climate investment in vital regions
Super funds and other climate investors have released a plan to help bankroll new industries so workers facing job losses do not shoulder the burden alone.
RBA ‘wary’ more rate hikes needed to beat inflation
The head of the Reserve Bank admits decision-makers "don't know if the job is done yet" when it comes to interest rate tightening to combat inflation.
defence
diplomacy
economy, business and finance
energy
energy and resource
environmental issue
international (foreign) trade
international relations
mining
national security
politics
Extra $2b to finance critical minerals ‘lacks ambition’
An extra $2 billion for the critical minerals supply chain will form part of the Albanese government's plan to support allies and overhaul the economy.
Heated inflation figures put rate hike firmly in play
The Reserve Bank may be forced to lift interest rates again as fresh inflation data suggests the fight is not yet over.
Rates to lift if inflation outlook in jeopardy: RBA
The Reserve Bank "won't hesitate" to raise interest rates further if inflation forecasts come in higher than expected, the central bank's governor says.
defence
economy, business and finance
international (foreign) trade
it/computer sciences
national security
politics
Microsoft invests $5b in Aussie cyber shield, AI future
The prime minister's visit to the United States has unlocked a $5 billion deal with tech giant Microsoft to build a cyber shield and upskill Australians.
Call to build homes to defy climate, save $4b a year
As floods, cyclones and bushfires become more ferocious, costs to home-owners could double by 2050 without changes to the construction code, an analysis shows.
Middle East conflict could lead to higher petrol prices
Australians could be facing higher petrol prices as the conflict in the Middle East escalates, Treasurer Jim Chalmers has warned.
Fingers crossed for soft enough inflation numbers
Inflation has passed its peak and quarterly data will indicate if prices have been decelerating fast enough for the Reserve Bank to keep interest rates on hold.
Albanese-Biden to turn AUKUS vision into reality
Prime Minister Anthony Albanese will use his official visit to Washington to turn the AUKUS vision of nuclear-powered submarines into a reality.
Spike in petrol prices adding to inflation pain
Australian motorists should not expect fuel price relief any time soon due to a weak exchange rate and volatile oil markets