Thinking behind Reserve Bank’s ‘hawkish pause’ on show
Reserve Bank boss Philip Lowe will this week give a speech after keeping interest rates steady in July and the big four banks will be grilled by politicians.
economy, business and finance
Victorians to pay the country’s most property taxes
A report has laid bare the extent to which both the Victorian and NSW state budgets depend on property taxes.
Few plan to spend tax returns as economy stalls
Fear of a slowing economy and direct financial pressures are weighing on taxpayers, with most planning to bank their tax returns or service debts.
Relief for tenants as rental availability frees up
Renters may be finding it a little easier to find a home as vacancy rates ease across every capital city except Brisbane.
Consumers are not buying RBA’s interest rate pause
The threat of more interest rate increases is weighing heavily on the minds of consumers as high inflation proves hard to dislodge.
Rates and inflation keeping clamp on consumer sentiment
The threat of more interest rate increases is weighing heavily on the minds of consumers as high inflation proves hard to dislodge.
‘More work required’ as EU, Australia fail to reach FTA
Australia and the European Union have failed to reach a free trade agreement, the European Commission says, and "more work is required" to address key issues.
Warning for businesses as defaults reach record high
Business trade payment defaults have surged to a record high as surging interest rates constrain spending, sounding insolvency alarms in the months ahead.
Budget repair not leaving households behind: Treasurer
Struggling households should not expect extra cost of living relief soon but the treasurer has not ruled out more help if the economy deteriorates markedly.
economy, business and finance
energy
energy resources
environmental issue
industrial production
metal and mineral
natural gas
politics
Federal backing for Rio Tinto refinery hydrogen pilot
A refinery in Gladstone will get a federal grant for a renewable hydrogen project that is key to the decarbonisation of Queensland's industrial heartland.
More rate rises ‘possible’ but RBA’s course uncertain
The head of the Reserve Bank says more interest rate rises are possible to get inflation under control, but the July pause was appropriate.
EU trade talks stall as Australia holds out for farmers
The Australian government remains hopeful of striking a deal with the European Union on free trade, as the latest talks stall.
economy, business and finance
energy
energy resources
environmental issue
industrial production
metal and mineral
natural gas
politics
Alumina refinery trial swapping gas power for hydrogen
The federal government is contributing $32 million to a trial project swapping gas for hydrogen to power the emissions-intensive alumina refining process.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
industrial production
natural gas
politics
How to make net zero happen: ‘Get on with it and adapt’
Nuclear power is too expensive and slow to build, while offshore wind will be crucial to achieving climate and energy targets, a net zero report finds.
Tesla chair urges Australia to spark more tech startups
The Australian chair of an electric vehicle giant says the nation must drive tech startups and renewable energy or risk being left behind.
Rate rises still on cards but RBA chief softens stance
The head of the Reserve Bank says more interest rate rises are possible to get inflation under control, but the July pause was appropriate.
Australia unable to seal EU trade deal as talks stall
Talks for a free trade deal with the EU have stalled over Australia's demands for greater access for its agricultural products into European markets.
Business as usual for rich-lister Forrests after split
One of Australia's richest couples, Andrew and Nicola Forrest, have separated but will continue working together on their various business interests.
Taxpayers pipe $70m into Hunter renewable hydrogen hub
Chemicals giant Orica says industrial-scale renewable hydrogen and green ammonia is within reach, and would free up domestic gas supply for households.
Business as usual for rich-list Forrests after split
One of Australia's richest couples, Andrew and Nicola Forrest, have separated, but they will continue working together on their various business interests.
Dutton doesn’t rate a public servant for RBA governor
Peter Dutton says a senior public servant should not be chosen as the next RBA governor, arguing it should not be a political appointment.
Reality descends as low-cost airline Bonza cuts routes
Just months after Australia's newest airline took to the skies, budget carrier Bonza is cutting five low-demand routes to improve service and reliability.
Fadden voters are not looking at the past, says Dutton
The Liberal Party is stepping up its campaign in the Fadden by-election, with Opposition Leader Peter Dutton visiting the Gold Coast seat.
RBA leadership call expected as Lowe speculation mounts
The Reserve Bank of Australia could be getting a change of leadership, with the treasurer expected to announce a decision on the governor job soon.
Exit looms for RBA boss as decision nears
The Reserve Bank of Australia is likely to be getting a change of leadership, with the treasurer expected to announce its pick for the governor's job soon.
PM plays down bank chief talk as rate of interest rises
Prime Minister Anthony Albanese says the government is yet to decide who will be chosen as the next Reserve Bank governor.
First woman to lead Reserve Bank as Lowe exit locked in
Philip Lowe will leave his post as head of the Reserve Bank, with Michele Bullock the first woman picked to lead Australia's central bank.
Hollywood actors to strike as talks with studios fold
Actors in the United States are going on strike after their union and the major studios failed to reach an agreement on a new film and TV contract.
New RBA boss to follow Lowe’s lead on interest rates
Philip Lowe will leave his post as head of the Reserve Bank, with Michele Bullock promoted to the top job as the first woman to lead Australia's central bank.
Striking Hollywood actors, writers to walk picket lines
Striking Hollywood actors and writers are set to picket film and television productions at the same time for the first time since 1960.
New RBA governor to send the right message on rate talk
A leading economist says the Reserve Bank's new governor brings monetary policy credibility while the treasurer praises her leadership and communication skills.