Big cities lead as property market rebound gathers pace
Home prices are surging again after a long period of interest rate-driven declines, although Perth is the only capital back at record highs.
economy, business and finance
economy, business and finance
energy
manufacturing and engineering
metal and mineral
mining
politics
transport
Battery industry investors wary as plug pulled on grant
A hub for Australian-made materials for the world's electric car batteries is in doubt after the federal government pulled the plug on a $120 million grant.
Treasury says corporate profits not driving inflation
Unions and others have pointed the finger at corporate profits as a major driver of inflation, but Treasury is not convinced that argument stacks up.
After McGowan exit, Palaszczuk insists she has energy
A day after WA Premier Mark McGowan cited exhaustion for his departure, Queensland's Annastacia Palaszczuk says she still has the energy to keep going.
Rents to income levels shoot up to near decade highs
Rental demand is fast outrunning supply and low-income households are bearing the brunt of the rental affordability crisis, analysis shows.
economy, business and finance
electricity production and distribution
energy
environmental issue
politics
AGL has ‘time tunnel’ to Australia’s energy transition
The energy transformation is playing out on a small island in South Australia's industrial heartland, where one of the biggest emitters is shaping the future.
Biden, McCarthy reach tentative US debt ceiling deal
US Democratic President Joe Biden and Republican House Speaker Kevin McCarthy have reached a tentative deal to raise America's debt ceiling.
Senators to grill RBA boss ahead of June cash rate call
The top line items for Australian economy observers this week include the central bank governor's appearance at a committee hearing and monthly inflation data.
ASX suffers worst week in two months amid US debt drama
The Australian share market has finished up 0.2 per cent for the day, but closed the week down 1.7 per cent after losses from Monday to Thursday.
Biden says debt deal ‘very close’ ahead of new deadline
US President Joe Biden is expressing optimism about reaching a deal on the country's debt ceiling, while the default deadline has been extended by four days.
Economic momentum starting to ebb across all states
All states and territories are experiencing worsening economic performance led by a slowdown in consumption and home building activity.
PwC referred to police over confidential disclosure
PwC has been referred to police by the Treasury Secretary after it shared confidential government policy to try and drum up business.
Woolies ice-cream sandwiches recalled over metal risk
Woolworths is recalling its WW Cookies & Cream Classic Ice Cream Sandwiches after metal was found inside.
‘No jobs in the bush’ myth busted but housing critical
The regional jobs market is booming at three times the metropolitan rate but the lack of housing, health care and education remains a major barrier.
All signs point to lower economic growth than usual
The national economy is tracking toward a contraction in activity, with the patchy performance expected to continue into next year.
Albanese, Modi seek to score runs on migration, energy
Prime Minister Anthony Albanese and Indian counterpart Narendra Modi have agreed to work together on people-to-people links and clean energy.
More than 40,000 modern slaves trapped in Australia
At least 50 million people are trapped as modern slaves in exploitative work or marriage conditions across the world, with about 40,000 in Australia alone.
Government eyes tougher response to PwC scandal
The federal government remains under pressure to ban contracts with consultancy giant PwC after the firm leaked confidential government information to clients.
budgets and budgeting
consumers
economy, business and finance
electricity production and distribution
energy
politics
Power bills to surge despite budget tipping modest rise
The energy regulator has confirmed double-digit power price rises will continue from July 1 despite the May budget's claims of curbing cost of living pressures.
Farming export success linked to sustainability
Australian producers are increasingly being asked to prove their sustainability with export sales dependent on growers being able to back up their claims.
Qantas reports sky-high profit and plans more flights
Australian flag-carrier Qantas will soon be operating more domestic flights that it did before the COVID pandemic, while international capacity is also rising.
Business SA backs tax cut for regional companies
South Australia's peak business group has called for regional companies to get a payroll tax discount in the upcoming state budget.
economy, business and finance
energy
environmental issue
international (foreign) trade
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
Gas the ‘main game’ as firms join political battle cry
The boss of Santos has backed Opposition Leader Peter Dutton's calls for the gas industry to stand up for itself as a key player in the energy transition.
ANZ closed flood-ravaged rural bank due to $1m rebuild
ANZ executives have been accused of treating regional Australians with "disgust" and paying lip service to government inquiries.
Rural Australians told to look beyond big four banks
Community banking could be an alternative for rural communities, where the big four banks are increasingly shutting their doors.
Aerospace firm wins approval for rocket fuel facility
Black Sky Aerospace will build a one-stop facility to research, test and build rockets after receiving government approval for a site in southern Queensland.
Wages rising but not fast enough to worry the RBA
Wage growth over the March quarter is unlikely to trigger further interest rate hikes, with pay packets rising yet failing to keep pace with inflation.
Banks leaving rural Oz despite billion-dollar future
The inquiry into the closure of bank branches across regional Australia is set to hear from major banks, Queensland farmers and councils.
Gas claims ‘ludicrous’ as energy transition fires up
The oil and gas industry is refusing to be a casualty of a net-zero world, insisting it is part of the solution in a "realistic" national strategy on supply.
Borrowers to be squeezed as latest rate hikes land
Borrowers will have little cash to spare once the latest interest rate increases take effect, with further hikes not ruled out.
More interest rate rises still on the cards, RBA says
The Reserve Bank's decision to lift rather than pause interest rates was close but the risk of inflation sticking around nudged it towards another increase.