‘Not ready’: investors chop down deforestation action
National Australia Bank shareholders have rejected resolutions related to deforestation, but its chairman says he has concerns about the practice.
National Australia Bank shareholders have rejected resolutions related to deforestation, but its chairman says he has concerns about the practice.
Coalminers and environmentalists are clashing over a climate report on the sector finding net-zero emissions targets are unlikely to be hit at the current pace.
Australia's largest aluminium smelter has been handed a government lifeline to ensure it keeps running beyond 2028 amid spiralling energy costs.
More than $12 billion in program cost blowouts demand tighter spending in other parts of the federal budget, the treasurer is warning Australians.
Westpac's agricultural customers were clear. Its stand against deforestation is of no value, so the bank dropped plans for a forest protection policy.
Christmas has come early for businesses with a months-long impasse on workers compensation resolved, ensuring insurance premiums do not surge.
Department store Myer achieved its biggest biggest Black Friday sale performance on record as it prepares to relaunch a fast fashion brand in Australia.
The US central bank has reduced its key interest rate for the third time in a row but signalled that it may leave rates unchanged in the coming months.
A jump in forecast business investment in the midyear budget update will be unveiled by the treasurer, which bodes well for Australia's productivity growth.
Demand for Australian coal exports might dry up faster than first thought, underscoring the need for rapid action to help mining communities prepare.
Unemployment and jobs growth figures for November tell differing stories about the strength of the labour market, providing little clarity for the Reserve Bank.
Critics fear Donald Trump's decision to upend US policy by allowing Nvidia to sell its advanced AI chips to China will boost Beijing's military capabilities.
Solar and wind firmed by storage and backed by gas remains the cheapest pathway to meet Australia's growing demand for electricity while reaching climate goals
The average mortgage-holder's repayments could soon jump an extra $90 a month, with another Reserve Bank interest rate hike on the cards as early as February.
Family location-sharing app owner Life360 says a recent $181 million acquisition will bring it closer to its goal of targeting users where they are with ads.
With a team set to join the NRL in 2028, Papua New Guinea is walking a delicate tightrope between ties to Australia and economic opportunities abroad.
Paramount has launched a hostile takeover bid for Warner Bros, in a battle with rival bidder Netflix to buy the company behind HBO, CNN and a movie studio.
British, French and German leaders have met in London with Ukrainian President Volodymyr Zelenskiy to tweak a US-draft plan to end Russia's war.
Australians are expected to eat 5kg of avocados per person in the new year, as bumper harvests and export demand boost optimism across the agricultural sector.
Penny Wong and Richard Marles have met their US counterparts with both nations labelling the AUKUS deal as "full steam ahead".
More rate relief for borrowers has essentially been ruled out by the Reserve Bank governor as the central bank mulls over when to lift rates again.
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Japanese authorities are warning of the heightened possibility of mega-quake for a week after a powerful tremblor hit off the coast of the main Honshu island.
Ties between a state museum and a major gas company are being questioned by a climate communications group as scrutiny of fossil fuel sponsorship grows.
The official cash rate is expected to remain on hold when the Reserve Bank decides on interest rates for the last time in 2025.
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A unique deal will return large parcels of land to Traditional Owners, with more than $500 million tipped to flow to First Nations communities.
Premier Investments shares have plunged as the owner of Smiggle and Peter Alexander blames lower earnings forecast on the economy.
The housing market strongly rebounded in 2025 as interest rate cuts, easing inflation and limited supply fired up competition, the latest property data shows.
The sharpest rise in household spending in 21 months suggests the economy is continuing to grow in strength, heightening Reserve Bank fears about inflation.
Slowing Chinese economic growth and persistently high inflation are "top of mind" for the Reserve Bank of Australia.
Australia's economic growth rate came in below market expectations, but a strong domestic pulse shows the economy is in good shape.
A bank board has faced shareholder questions about its decision to bring in a technology solutions partner, amid widespread change in the finance sector.