Financial sector urged to shoot higher on climate risk
The global financial sector has been urged to prevent further backsliding on climate and to stop funnelling money into new fossil fuels in an open letter.
economy, business and finance
central bank
economy, business and finance
housing and urban planning
interest rate
money and monetary policy
mortgages
politics
Australia’s luck running out despite budget bright spot
Australia's budget deficit for last financial year ended up being narrower than expected but younger workers will still be on the hook for a decade of red ink.
Interest rate decision to dominate economic agenda
Mortgage holders are unlikely to get a leg up from the Reserve Bank this week, with markets and analysts predicting the cash rate to remain on hold on Tuesday.
breaking_news
economy, business and finance
international (foreign) trade
pharmaceutical
politics (general)
tariff
Trump slaps new tariffs on drugs, trucks and furniture
President Donald Trump's tariff spree continues with new US levies including 100 per cent on pharmaceuticals as well as duties on furniture and heavy trucks.
breaking_news
computing and information technology
economy, business and finance
espionage and intelligence
personal data collection
politics (general)
Trump declares plan to transfer TikTok to US investors
President Donald Trump has OK'd a plan to sell TikTok's US operations to American investors following China's approval, with a company price tag of $21 billion.
One in three homes in line for sunny value boost
Home buyers have seen the light and are now prepared to pay a little more for solar systems in the expectation of lower bills over time.
Danish airport reopens after further drone activity
Denmark has informed its NATO allies that drone incursions that shut two of its airports are linked to unspecified "state actors", according to Latvia.
Concerns over sovereignty, risk in satellite internet
Satellite technology has advanced rapidly as "constellations" promise better internet in remote areas, but the transformation is not without risk.
coal
conservation
economy, business and finance
environmental issue
environmental politics
labour
mining
Conservationists outraged at coal-fired future
The extended shelf life of coal-fired power has enraged conservation groups, with one state declaring it will be in use for decades.
AI ‘energy trilemma’ in sights of data centre boss
Keeping data centres running to support the AI boom will require investment in low-emission energy generation, possibly including nuclear, proponents argue.
Farming export success sows seeds of growth goal reset
A $100 billion target is expected to be met by Australian agriculture, but whether it remains the best goal has been questioned at a farming conference.
‘Call to arms’: peak body joins coal royalties fight
A resources sector peak body has issued a "call to arms" urging businesses to join the fight against a state government's controversial coal royalties scheme.
Jimmy Kimmel defends free speech as he returns to TV
Jimmy Kimmel insists he never meant to make light of Charlie Kirk's murder as the comedian made an emotional return to his TV show after being suspended.
Big bank is cutting 200 teller, personal banking roles
Westpac is cutting 200 customer-facing roles in its network but says it will try to keep as many workers as possible through retraining and redeployment.
economy, business and finance
international organisation
international relations
politics
unrest, conflicts and war
Trump unleashes at UN, countries are ‘going to hell’
President Donald Trump has returned to the United Nations to boast of his foreign policy achievements and lash out at the world body as a feckless institution.
Economy shrugs off tariff turmoil to outperform peers
Central banks such as the RBA need to be wary of the risks of inflation kicking off again, which could trigger market sell-offs, a global economic body warns.
Premier takes a dig at miners in coal royalties rumble
A veiled swipe has been taken at "fairweather friends" by the premier of a state losing hundreds of mining jobs against the backdrop of a fight over royalties.
Murdochs could take part in TikTok deal, Trump says
US President Donald Trump says Rupert Murdoch and Michael Dell could be part of deal in which the United States will take control of TikTok.
Inflation fading but rate cut doubtful at least for now
RBA boss Michele Bullock will face questions from federal MPs on the timing of interest rate decisions ahead of key economic data releases.
Property markets yet to twig to looming disaster losses
Hundreds of billions of dollars could disappear from property values due to climate change but it's taking time for the worsening threat to influence buyers.
Progress on TikTok deal as Trump and Xi agree to meet
Donald Trump and China's Xi Jinping will meet in South Korea in the coming weeks, as the US president says their phone call yielded progress on a TikTok deal.
‘Un-Australian’: scheme under fire as mine jobs slashed
A government royalty regime must be reassessed after three coal companies announced job cuts and mine closures in recent days, an analyst says.
board of directors (appointment and change)
company information
economy, business and finance
mining
BHP set to appoint first female CEO: report
The world's largest mining company BHP is expected to appoint the first female leader in its 140-year history, according to a report.
Three die as Optus triple-zero glitch impacts hundreds
Optus has apologised to telco customers as an outage that blocked triple-zero calls to hundreds of people in three states is linked to three deaths.
Further job losses deal fresh blow to coal mine workers
A third mining company in as many days has announced job cuts, taking aim at a coal royalties scheme as it prepares to close an underground site.
National economy still stuck in ‘productivity malaise’
Despite a modest pick-up in productivity growth and signs private sector employment is recovering, Australia's slump in productivity is far from over.
NZ economy shrinks, fuelling bets of steeper rate cuts
A sharper-than-expected contraction in the New Zealand economy has fuelled expectations of a higher interest rate cut in October.
‘Shady practice’: Kmart face-scanning breaches privacy
Shopping giant Kmart plans to challenge a finding that it violated people's privacy with facial surveillance as experts say it's a clear warning to other firms.
US Fed cuts rates by quarter of a percentage point
The US central bank has lowered the key interest rate by a quarter of a percentage point due to a weak labour market, the board of governors says.
Signs of cooling labour market in surprise job numbers
Australia's unemployment rate has held steady at 4.2 per cent despite thousands of jobs unexpectedly dropping out of the nation's economy.
breaking_news
diplomacy
economy, business and finance
imperial and royal matters
international (foreign) trade
politics
Trump hails US, UK’s ‘unbreakable bond’ at talks
US President Donald Trump has arrived to hold talks with UK Prime Minister Keir Starmer at his Chequers country estate.