economy, business and finance

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Labor shrugs off claim tax shift will sink house prices

The government is selling controversial investment tax changes as an attempt to rebalance the playing field between young and old Australians.

central bank economy, business and finance interest rate politics (general)

GDP data tops the economic agenda, RBA officials speak

Reserve Bank governor Michele Bullock will get a chance to react to Wednesday's economic growth figures when she fronts a parliamentary hearing in Canberra.

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Diesel boost on the water for bottlenecked regions

The federal government has secured additional diesel to help ease Queensland's regional supply bottlenecks.

business (general) consumer confidence consumer goods economy (general) economy, business and finance retail trade policy unrest, conflicts and war

Retailers under attack from weak demand, rising costs

Australia's retail sector faces a pincer attack as the war in the Middle East increases costs and pushes consumers to the brink.

computing and information technology economy, business and finance labour politics wage and pension

AI risks deepening divide between investors and workers

The rise of AI could result in a higher share of Australia's economic pie going to people who own assets rather than those who work for a living.

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AFP defends Roberts-Smith arrest as media leak probed

The AFP has denied leaking details of alleged war criminal Ben Roberts-Smith's arrest to the media as it backed its prosecution of the former SAS soldier.

breaking_news economy, business and finance politics state budget and tax

NZ shuns ‘sugar hits’ in budget, cuts growth forecast

New Zealand has unveiled a bare-bones budget with a projected surplus sooner than expected, but few incentives for voters in an election year.

breaking_news budgets and budgeting economic policy economy, business and finance parliament politics state budget and tax

Treasury chief defends Labor’s beleaguered budget

Controversial budget changes would have cut the lifetime tax benefits for the top one per cent of earners by $400,000 if implemented in 2000, Treasury says.

economy, business and finance housing and urban planning politics

Treasurer hoses down calls to carve up his tax revamp

Business groups are urging the federal government to have a major rethink over its capital gains tax measures but Jim Chalmers is remaining steadfast.

economy, business and finance politics transport

The $180m bill to calculate the Inland Rail blow-out

The man who first pitched Inland Rail wants a quick private sector takeover, as it is revealed consultants were paid $180m to estimate the budget blow-out.

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Banks on notice as Westpac fined for failing clients

Banking giant Westpac has been slugged with a $26 million penalty for failing to support customers in need, a decision an expert says sends a clear message.

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Data centre power concerns spark moratorium call

A report by Greenpeace has challenged claims Australia's AI-fuelled data centre boom can support rather than undermine the clean energy transition.

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Global capital eyes $50b water market, raising stakes

International investors are wading into Australia's water market, and while scarcity ensures decent returns, droughts could leave some producers high and dry.

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Falling fuel prices bolster hopes for RBA rate reprieve

A cut in the fuel excise caused annual headline inflation to fall, but the underlying impulse for price pressures is still gathering steam.

computing and information technology economy, business and finance

‘Surprisingly dehumanising’: AI pioneer has boundaries

The head of one of the world's biggest pure-play AI developers says even he's had times when using the groundbreaking technology just wasn't going to happen.

economy, business and finance parliament politics

‘Flying blind’: why Labor ditched the inland rail route

The $45.6 billion price tag for inland rail was only a modest estimate, prompting the federal government to scrap part of the project amid planning delays.

budgets and budgeting economic policy economy, business and finance politics state budget and tax

Labor happy with softer housing market since budget

Tax changes in the federal budget are already helping to level the playing field, according to the housing minister.

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Forensic experts sift through drone hit dormitory

The final death toll from a drone attack on a teacher training college in the Russian-controlled Ukrainian Luhansk region stands at 21.

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Power bill relief as energy caps slashed in one state

Cheaper electricity bills are in store for hundreds of thousands of households and small businesses in one state under a lowered benchmark power price.

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Rubio says US will find another way if Iran talks fail

US President Donald Trump is hosing down expectations of an imminent breakthrough in the three-month-old war with Iran.

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Investor tax cut call as opponents fight Labor plan

A Labor plan to reduce investor incentives has been branded a "productivity tax" as opponents call for lower taxes for those with money to put aside.

central bank economy, business and finance inflation and deflation interest rate politics (general)

Temporary fall in inflation won’t ease RBA fears

A short-lived reduction in the fuel excise has provided some momentary price relief but inflation will only worsen without a resolution to supply blockages.

breaking_news defence diplomacy economy, business and finance energy energy resources unrest, conflicts and war

Trump says Iran peace deal ‘largely negotiated’

The US ‌and Iran are ‌reportedly close to signing ‌a deal involving a 60-day ceasefire extension, ‌during which ‌the ⁠Strait of Hormuz would be reopened.

business (general) computing and information technology construction and property economy, business and finance energy energy and resource energy resources environmental issue inquiry it/computer sciences politics renewable energy research software water