Welcome progress on inflation as rate hikes take effect
Cooler than expected inflation might have lowered the odds of an RBA rate hike, but an economist warns the price of one major item could soon rise.
economy, business and finance
Fight brews as business digs in over workplace reforms
Business groups have lashed out at "radical" reforms that will grant minimum pay rights to gig workers, claiming the government's proposals will drive up costs.
air transport
breaking_news
consumer issue - macro economics
consumers
economy, business and finance
politics
Qantas jettisons flight credit deadlines, faces new row
Qantas has scrapped the expiration date for nearly $500 million in flight credits but faces more public backlash with a watchdog taking the airline to court.
Big loss renews Australia Post’s open letter for reform
Australia Post has renewed a plea to update its charter after the government-owned enterprise lost $384 million delivering letters in the past financial year.
Housing recovery gains momentum as supply tightens
Home values have risen for the sixth month in a row, with CoreLogic's latest index showing a 0.8 per cent lift in August.
Senate push to force minister’s hand on flight decision
The government will face a push to reveal documents pertaining to the decision to block Qatar Airways from flying extra routes after being lobbied by Qantas.
Confidence edges higher but consumers remain wary
A pause on interest rate hikes has failed to substantially lift consumer spirits with a key index remaining below levels seen during COVID-19 lockdowns.
Matildas mania nets retail goals after scoreless sales
The Women's World Cup has boosted spending on catering and takeaway food following a flat end-of-year sales period for retailers.
BRICS invites six nations to join developing world bloc
BRICS developing nations have invited six countries to join the bloc, promising to rebalance world bodies dominated by the US and other wealthy Western states.
Ageing population, climate to change face of economy
Australians 40 years from now will live longer and have fewer children while the country's economy becomes greener, a landmark reports shows.
Ardent settles shareholder suit over Dreamworld tragedy
Dreamworld's parent company has settled a shareholder lawsuit that claimed losses following the deadly accident at the Gold Coast theme park in 2016.
Landmark report puts climate at centre of economy
Climate change and the transition to a net-zero economy lies at the heart of the Intergenerational Report released by the Albanese government.
BRICS should boost cross-border payment: China
The leaders of the BRICS bloc have agreed to encourage more local currency usage in trade as they seek to shift away from dependence on the US dollar.
Qantas should not pay back pandemic money: Chalmers
Despite Qantas posting a record profit, Treasurer Jim Chalmers says the airline should not have to pay back money it received during the height of the pandemic.
Lithium leader Pilbara posts electrifying $2.4b profit
Pilbara Minerals reports a 326 per cent surge in net profit to $2.4 billion as the world rapidly electrifies and demands a secure supply of sustainable lithium.
Australia’s nervous watch for any great fall of China
Mounting economic headwinds in China, where growth is slowing, will have major ramifications for Australia, Treasurer Jim Chalmers has warned.
Virgin slams govt for rejecting extra Qatar flights
Virgin Australia's chief executive has spoken out against the federal government after it rejected Qatar Airways' bid for more flights to Australia.
Wealth of data to shed light on Australian economy
A speech by the incoming Reserve Bank boss and a wealth of data will provide rich insight into the state of the Australian economy.
Matildas mania kicks retail goals after flat EOFY sales
The Women's World Cup has boosted sales along with a jump in spending on catering and takeaway food following a flat end-of-year sales period for retailers.
BRICS leaders consider group’s role, expansion criteria
BRICS leaders are weighing expansion criteria with the bloc's future in the balance as Vladimir Putin uses their summit to justify Russia's war in Ukraine
China’s fortunes key to Australia’s economic success
As Treasurer Jim Chalmers prepares to release a report on Australia's long-term challenges, he has flagged China's economic success as a key factor.
Industry data casts doubt on 2030 clean energy target
A clean energy investment snapshot shows Australia may be charging into the battery era, but poor planning and transmission gaps risk failure on 2030 targets.
Economic agenda big enough without more tax reform
The federal government says its reform agenda is big enough as it is, without adding further tax reform.
Woolworths says cautious customers are cutting back
Woolworths is tipping price rises in some categories after the supermarket giant posted a $1.62 billion full-year profit, up slightly on the previous year.
Shoppers ‘could fare worse’ without supermarket duopoly
Breaking up duopolies like Coles and Woolworths would actually disadvantage shoppers, Australia's outgoing Productivity Commission head Michael Brennan says.
Woolworths to cut bonuses for managers after deaths
Safety lapses that led to the deaths of two workers at Woolworths stores have triggered a review of every piece of equipment used by the supermarket chain.
BHP warns on tax, productivity after plunge in profits
Profits and dividends are down at BHP on lower commodity prices, but the mining giant says it is managing inflationary pressures better than its rivals.
Woodside fatality, safety lapses mar strong first half
Woodside has reported a six per cent jump in profit to $A2.7 billion, but the death of contractor Michael Jurman has overshadowed its strong performance.
Coles profits rise as consumers skimp on eating out
Consumers are increasingly turning to supermarkets to ride out the cost-of-living squeeze, with Coles experiencing strong growth in sales revenue.
Japan’s industrial giants lead charge for Aussie nickel
A nickel explorer has industrial giants from Japan queuing for future supplies from under the red dirt out west as the battery minerals race accelerates.
Future of Australian economy under spotlight
The latest Intergenerational Report to be released this week will shed light on some of the long-term challenges and opportunities for the Australian economy.