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.
economy, business and finance
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
Fresh records for renewables but fears linger for bills
Renewable energy is setting records and wholesale energy prices are returning to normal, but federal Labor is warning of bill shock if the rollout is delayed.
Residents returning to homes after Qld bushfires threat
People who fled a fire at Beerwah have been told they can return, as grants are announced for those impacted by a fire still burning near Gladstone.
Port of Darwin lease won’t be cancelled after review
A controversial 99-year lease held by a Chinese company on the Port of Darwin won't be cancelled or varied, following a federal government review.
China growth shows economic recovery gaining traction
Faster growth in China's economy than expected over the third quarter suggests a recent flurry of policy measures is helping to bolster a tentative recovery.
Glencore copper mine closure will have a ripple effect
The impact of Glencore's plan to close its Queensland copper mine in 2025 will ripple across the state's northwest.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
natural gas
politics
Record rooftop solar slashes wholesale energy prices
Energy demand plunged as mild winter temperatures and record high rooftop solar output slashed wholesale electricity and gas prices, the latest data shows.
Jobs market ‘softens around the edges’ after rate rises
The unemployment rate has fallen to 3.6 per cent from 3.7 per cent, according to official data, after a modest 7000 jobs were added to the economy.
High Court’s EV ruling may pull the plug on other taxes
A High Court decision to rule Victoria's electric vehicle tax constitutionally invalid could leave similar levies vulnerable to legal challenge.
Hancock lawyers attack rivals in high-stakes trial
Gina Rinehart's lawyers have attacked two rival mining dynasties' billion-dollar claims for iron ore riches in closing arguments at a high-stakes legal battle.
Big backyards could hold key to solve housing crisis
The humble granny flat could help deliver much-needed housing supply as shortages continue to push rents skyward.
Town, 1200 workers reeling with major mine set to close
About 1200 workers are in limbo and a Queensland town is reeling after Glencore announced one of the world's biggest copper mines would close in 2025.
‘Shock, after shock’ poses inflation risk: RBA boss
The global economic shocks just keep coming and Reserve Bank of Australia Governor Michele Bullock is concerned about the impact on the outlook for inflation.
‘Low tolerance’ for slower return to target: RBA
Australia could be galloping towards a Melbourne Cup interest rate rise if progress on inflation proves too slow and the labour market too resilient.
‘Totally unacceptable’: PwC boss sorry for tax scandal
The new head of PwC Australia has apologised at a Senate hearing for the firm's role in passing on confidential Treasury information to private sector clients.
Better protection for Australians’ online crypto assets
Treasurer Jim Chalmers has unveiled a proposal for legislation to better protect Australians using digital currencies.
Crypto regulation proposal a ‘critical milestone’
Australian cryptocurrency exchanges are mostly welcoming a proposal to subject them to the same licensing rules as traditional financial institutions.
Big cities have room for 655,000 extra granny flats
The humble granny flat could help deliver much-needed housing supply as shortages continue to push rents skyward.
Business pressures ease in promising sign for inflation
The uptick in cost and price pressures plaguing businesses looks to have been temporary in a promising sign for the inflation outlook.