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.
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.
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
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it/computer sciences
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water
More organisations are calling for a moratorium on data centres as their impact on water, energy and local communities remains in question.
Shares in an Aussie-born Mexican fast-food chain have surged after it ditched its plan to crack the competitive US market, where Chipotle and Taco Bell rule.
Australia and Turkey have revealed that the global oil crisis will prompt a major focus on electrification at the United Nations climate talks in November.
Rating agency S&P Global says Tasmania's budget repair carries "high execution risk," doubting the government will follow through on $1.47 billion in cuts.
Australia should look to Norway to shore up sovereign wealth through gas, One Nation says, as the coalition urges the resources industry to "fight like hell".
Australian Agriculture Co has delivered its highest annual operating profit after strong consumer demand for Aussie beef pushed up prices, despite flood losses.
Labor luminary Paul Keating has been panned as "out of touch" with the modern realities of owning a business after backing controversial tax changes.
Elon Musk's SpaceX has unveiled plans for one of the biggest sales of stock to the public ever with an initial offering that could make Musk a trillionaire.
Tasmania will spend more on servicing debt in 2026/27 than on police, fire and emergency services, showing the scale of the state's borrowing challenge.
The big four banks are tipping the Reserve Bank to hold interest rates steady at its next meeting after the jobless rate surged and as the Iran war hits home.
China and Russia's leaders have shared warm words and stressed their growing trade and energy ties at a summit in Beijing just days after Donald Trump's visit.
A major online travel booking company believes it can recover from a triple whammy after increasing its net annual profit in a shifting market.
Households will be prepared to sleep international athletes, officials and tourists as a hotels crunch leaves Brisbane short of beds for the 2032 Olympics.
A $5.8 billion mega-coal mining deal has all but put a town up for sale, handing the new owner the mines, hundreds of homes and crucial community services.
Software group Technology One has shrugged off worries about its exposure to an industry apocalypse, with its boss arguing it can emerge stronger than ever.
The lone Reserve Bank board member who voted against lifting the cash rate in May was less concerned about inflation expectations than the bank's economists.
Tax experts are urging the states to shield businesses from higher costs as they restructure their assets after Labor's controversial federal budget.
Existing airlines won't roll over to make room for a proposed new competitor in their most profitable "Golden Triangle" routes, experts say.
The corporate watchdog has taken a regional airline's former directors to court over allegations they misled investors about financial performance.
Six companies have been forced to sell their holdings in an Australian rare earths miner which has been the subject of boardroom tussles.
budgets and budgeting
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economic policy
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politics
The government has conceded its budget is unlikely to win immediate support from voters as Labor and Liberals taking aim at each others' policies.
The prime minister has left the door open to more tax relief at the bowser as state governments attempt to shore up their own fuel supplies.
Fuel excise relief appreciated by Australian motorists may not end in July, as the government promotes other tax cuts due to begin at the same time.
Looking after a family is difficult in a financial crisis but animal welfare groups are concerned about the growing number of pets being banished altogether.
Big retail banks have driven returns on the ASX for years, but global asset manager VanEck believes they are overpriced and mid-caps offer better opportunities.
business (general)
consumers
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food - consumer goods
retail
Supermarket prices could stay higher for longer following a ruling that Coles misled its customers with non-genuine discounts, according to one retail expert.
The coalition's economic plan for Australia would hand back more money to workers by indexing tax rates to inflation at a cost of tens of billions of dollars.
President Donald Trump has hailed his "incredible visit" to Beijing despite clinching major deals, while his hosts made their feelings known on Iran and Taiwan.
Angus Taylor is set to face one of his biggest challenges as opposition leader when he hands down his budget reply amid a growing challenge from One Nation.