Defamed mining investor awarded $275k
A New Zealand-based social media user calling himself the Stock Swami has been ordered to pay a mining investor at least $275,000 after defaming him on Twitter.
economy, business and finance
Port bottlenecks cost economy $600m a year
Inefficiencies in Australian ports cost the economy $600 million a year and push up prices for consumers, a new report by the Productivity Commission has found.
More cost-of-living relief on the cards
Treasurer Jim Chalmers will consider cost-of-living relief measures in the May budget as long as they won't break the bank.
Plunging home values break 40-year record
Higher interest rates, household debt and the erosion of savings since the pandemic have been blamed for the steepest plunge in home values since at least 1980.
construction and property
economy, business and finance
housing and urban planning
politics
real estate
National housing accord needs renovation
Federal laws are in the works as more Aussies slide into housing stress and homelessness, but critics are urging immediate measures as rents and mortgages rise.
Heat on Glencore over slow burn on coal
Coal giant Glencore is under pressure from large investors to explain how new coal investments align with its public commitment to help limit global warming.
Aussies stung for millions in crypto crash
The FTX collapse wiped many crypto wallets and took out smaller exchanges, but administrators for Aussie platform Digital Surge are working on a rescue plan.
Rebound in migration figures ‘optimistic’
The Australian government expects migration numbers to bounce back but troubling economic conditions and other uncertainties could weigh on migration.
Property downturn biggest on record
The housing market downturn has eclipsed previous records as interest rate hikes continue to erode borrowing power.
Crucial minerals underpin volatile exports
Riding geopolitics, rising costs and volatile prices, Australia will pick up its quest to supply more refined materials rather than being the world's quarry.
Economy at risk from China’s COVID wave
The treasurer says China's COVID-19 outbreak will weigh on Australian businesses, which rely on the country's customers and suppliers.
Government eyes China COVID-19 management
Treasurer Jim Chalmers says the government is closely monitoring the situation in China and is concerned about its influence on the Australian economy.
Construction sector braces for hammer blow
Tradies have been busy completing the backlog of construction work spurred by government stimulus programs but demand for building work is expected to slow.
Melbourne to steal title of biggest city
While Melburnians left in their droves during the pandemic, its population growth is expected to bounce back quickly over the next decade.
Billions spent on unwanted Christmas gifts
It's not easy to choose the right gift, with up to $3 billion worth of Christmas presents likely to be returned to the seller this year.
Fed-NSW deal firms up future renewables
The Albanese government has committed almost $8 billion in a deal to unlock renewable energy zones and connect Snowy hydro-electricity to the east coast grid.
Dark clouds forecast for economic growth
A forward-looking indicator has recorded another month of negative growth, casting a shadow over Australia's economic prospects in 2023.
Palmer offloads Qld nickel refinery
Clive Palmer has called on the Queensland government to support a new phase for Yabulu refinery, which he is selling to a carbon-savvy investment syndicate.
Dreamworld to pay $2.1m over woman’s death
Dreamworld owner Ardent Leisure will pay $2.15 million to the husband and two children of Cindy Low, who was killed on the Thunder River Rapids ride in 2016.
WA to pay $2m in premier’s defamation case
Premier Mark McGowan says Western Australia will have to pay $2 million in legal costs over the defamation fight with Clive Palmer.
coal
conservation
economy (general)
economy, business and finance
environmental politics
finance (general)
global change
mining
politics (general)
Palmer seeks coal climate ruling review
Clive Palmer's Waratah Coal wants a review of a Queensland court's advice that its proposed coal mine should be rejected due to climate change impacts.
breaking_news
computing and information technology
crime, law and justice
economy, business and finance
Meta to settle Cambridge Analytica scandal
Facebook's owner will pay $A1.1 billion in a lawsuit for allowing political consulting firm Cambridge Analytica to access data of as many as 87 million users.
Threat of energy price cap already working
Energy markets are responding pre-emptively to the federal government's price cap, demonstrating it's already having a dampening effect on prices.
ANZ bracing for uplift in household stress
ANZ CEO Shayne Elliott has told shareholders cost-of-living pressures are starting to have a meaningful impact on household finances.
Local grains feed the world from new plant
Aussie grains could feed the world in new products as consumers and food companies look for safe, affordable and low-emission alternatives to animal proteins.
Government takes aim at high payment fees
The federal government and the central bank want to foster competition in payment technologies to help drive down the cost of transactions.
Price relief before profits, says Bowen
Chris Bowen has responded to criticism from gas companies that the government's energy relief measures would only make the situation worse.
Algae mimics blood for meaty burger choice
An Aussie algae-based red pigment is taking on bloody alternatives to grow a more sustainable food supply, with emission reduction properties also on the menu.
Morrison sought foreign investment powers
Documents have been released showing former prime minister Scott Morrison sought to be sworn in as treasurer to hold foreign investment review powers.
Businesses forced to show emissions action
The treasurer says Australia could miss out if it doesn't act fast to improve the conditions for environmentally-conscious investors.
Healius shake-up: $140m day hospitals sold
A leading Australian healthcare company has shifted focus, selling its consortium of day hospitals and appointing a new CEO.