Shopping around could help lower grocery prices for all
Aldi shoppers are paying significantly less than Coles or Woolworths customers but the biggest savers could be those shopping across all three.
economy, business and finance
More borrowers falling behind but better days are ahead
Some households are doing it tougher due to high inflation and interest rates but conditions are about to improve, a Reserve Bank of Australia report says.
Vanguard hit with record fine over $1b ‘ethical’ fund
Vanguard has been hit with the largest fine imposed in Australia for greenwashing, as a court ordered it to pay $12.9 million for financial misconduct.
Notorious crash highway Qld’s most despised road
Queensland's major arterial Bruce Highway, that's been the subject of much political debate, has been ranked as the Sunshine State's most hated road.
Rebound fears as energy help flicks switch on inflation
Federal energy bill relief has led to a drop in monthly inflation figures, but there are warnings the measures only caused an artificial reduction.
alternative energy
economy, business and finance
electricity production and distribution
energy
energy and resource
nuclear policy
nuclear power
politics
renewable energy
Nukes flayed as solar boost seized to spruik renewables
An increase in renewable energy capacity is being seized as evidence solar power is Australia's right way forward as the debate over nuclear plants heats up.
‘Unreasonable’ coal taxes criticised by major miner
Queensland's mining industry is at risk because of the government's 'unpredictable' tax policies, Australia's largest coal producer says.
‘Get your act together’: PM calls out supermarkets
Coles and Woolworths have been told to start acting in the interests of Australians after the consumer watchdog accused them of misleading customers.
Don’t put money on rates relief soon, borrowers warned
Mortgage-holders should not get their hopes up for near-term relief, says a hawkish Reserve Bank governor as the cash rate was again held at 4.35 per cent.
banking
central bank
economic indicator
economic policy
economy (general)
economy, business and finance
politics
Labor, expert lash ‘crazy’ call to step in over rates
Calls for Canberra to intervene with the Reserve Bank to lower interest rates to get financial reforms over the line have been rejected by Labor.
Renters still can’t keep up, despite more supports
Despite an increase in government supports, low-income earners would still find themselves in rental stress across most of the country, a report has found.
War of words over inflation as national debt dives
Australia lags behind western nations in tackling inflation, the shadow treasurer says, as the Reserve Bank mulls whether to lower interest rates.
Reserve Bank to hold the line despite US Fed cut
The Reserve Bank is unlikely to give interest rate relief to borrowers at the September meeting as Australia's inflation rate still has fight left in it.
‘Welcome progress’ on inflation to come: Treasurer
Jim Chalmers says while inflation levels are set to drop when figures are released on Wednesday, it remains unclear if it will get back to RBA targets.
Rate cut delay bolsters case for experts on RBA board
The RBA's gradualist approach to tackling inflation has left it lagging the world on rate cuts and should make it reconsider its strategy, economists say.
Myer’s brand new plan as in-house labels collar profit
Department store Myer is reviewing its operations as tough retail conditions and underperforming in-house brands are blamed for profit dipping 26 per cent.
Impact of US rate cut in Australia remains to be seen
Senior minister Bill Shorten says it's unclear how much of an impact the US Federal Reserve's interest rates cut will have on Australia's economy.
US central bank cuts rates by half a percentage point
The US central bank has announced its first interest rate cut in more than four years, lowering rates by 50 basis points.
Healthy jobs numbers to keep RBA on the sidelines
Australia's economy may be limping along but jobs are still going, although mostly part-time gigs and predominantly roles in the public sector.
Business leaders eye economic light at end of tunnel
Corporate leaders report feeling upbeat about their firms and the broader economy as the business lobby takes aim at anti-business sentiment.
More workplace changes off the table before poll
Workplace Minister Murray Watt says the priority for the remainder of this term is bedding down legislation and not making further changes.
Defence scientists ready for China’s ‘grey’ warfighting
Defence science is proving crucial as smaller powers stand up to China and Russia but can also be used to deter war in an increasingly uncertain future.
Let’s do business: PM reform plea to corporate leaders
As the prime minister comes under fire from a peak corporate sector lobby, he says business and government need to work together for crucial reforms.
Australian energy industry report slams Greens gas plan
A report commissioned by Australia's oil and gas industry says blackouts would hit millions of homes under a Greens gas investment plan.
‘Undisciplined’ spending in opposition’s sights
Several industry-shaping programs could be axed were the coalition to win the election, with Labor questioning its commitment to essential services.
Beef-loving US can’t get enough true blue red meat
Beef exports to the United States have taken off and South Australia is leading the way, with almost $200 million worth sold to the American market this year.
breaking_news
civil and public service
economy, business and finance
pension and welfare
politics
public officials
welfare
Calls for ‘blinkered’ robodebt officials to face music
The federal public servants involved in the robodebt scheme broke the rules multiple times but some won't face sanctions because they have resigned or retired.
Australia inks $660 million hydrogen pact with Germany
A hydrogen investment pact with Germany will support new commercial supply and access to the European market for the emerging industry.
Local business fears closure with no govt support
A battling small business owner has called for more Queensland government assistance as talks to provide tax relief for a major casino operator continue.
Cafe, pub splurge short-lived as consumer pain persists
Higher spending at hospitality venues in August was likely a blip as financial pressure on wallets is expected to stick around until 2025.
New fear unlocked: unemployment worries grip consumers
Consumers are becoming more concerned about the sluggish economy and what this could mean for jobs, with cost-of-living becoming a lower order worry.