Bezos, Sanchez to exchange vows in star-studded Venice
Jeff Bezos and Lauren Sanchez are set to exchange wedding vows in Venice today as part of their estimated $A75 million star-studded celebration.
economy, business and finance
Super funds spared billions after US axes ‘revenge tax’
The Trump administration says it won't pursue a contentious tax targeting foreign investors after negotiating a withdrawal from a global minimum tax agreement.
Bezos and Sanchez arrive in Venice for wedding party
Multi-billionaire Amazon founder Jeff Bezos and Lauren Sanchez have arrived in Venice ahead of their star-studded wedding celebrations.
Household wealth hit as Trump threatens super balances
Australian super balances have fallen for the first quarter since 2022, with funds warning of further risks posed by Donald Trump's "America first" agenda.
Servos urged not to price gouge after oil price hike
The consumer watchdog is being urged to make sure motorists aren't ripped off at the bowser after Middle East strikes led to a surge in fuel costs.
‘Boring’ budget to get finances ready for future shocks
Having sped up home approvals, a building laggard is shifting focus to getting construction going in a bid to reduce the biggest strain on family finances.
Surplus in sight but few sweeteners in ‘careful’ budget
A nation-first approach to back up housing projects headlines Australia's largest state budget as critics attack surplus projections and support for services.
Orderly, coherent or flat-footed: PM rejects criticism
Anthony Albanese has dismissed suggestions he was "flat-footed" after US bombing raids on Iran, as he called for a ceasefire to hold between Iran and Israel.
Debt forecast has alarm bells ringing for Olympic hosts
A state government's debt is set to reach record heights as it plans an Olympics, with the threat of higher borrowing costs for major infrastructure projects.
Spotlight on inflation as state treasurers come clean
Monthly inflation data and state budget updates are set to dominate the economic agenda and shape the Reserve Bank's next cash rate call.
Major boost for tradie students to solve housing crisis
Tradies will be able to complete their apprenticeships for free as a state government tries to ease the housing crisis.
Renters fearful of speaking up about essential repairs
Half of Australia's private housing tenants are living in homes in need of repair but are too scared to ask their landlord about it, according to a study.
Budget billions helps cashed-up state lead debt battle
A seventh surplus budget for the nation's richest state sets it apart from other jurisdictions as it enjoys the lowest debt levels in the country.
Optus says yes to record $100m fine for dodgy sales
Optus has agreed to a record fine for "unconscionable" sales to hundreds of consumers, including in remote Indigenous communities its network didn't cover.
Labour market stays tight despite surprise drop in jobs
The economy lost some jobs in May, confounding expectations, but the Reserve Bank will likely view it as noise not signs of a weakening labour market.
Pedal to the metal for home prices as rates fall
Sydney and Melbourne are expected to be the fastest-growing property markets in 2025/26 as mortgage rates fall, Domain forecasts shows.
Treasurer throws down gauntlet for ‘crucial’ tax reform
The treasurer has kicked off a journey that he hopes will result in broad agreement on changes that help solve Australia's economic challenges.
Power customers promised tougher rules on price gouging
More downwards pressure on power bills is the goal of planned tweaks to regulated electricity pricing now on the federal government's agenda.
PM eyes another possible Trump meeting later this month
Anthony Albanese could soon get a second chance to meet with Donald Trump, after the US president abruptly cancelled their first in-person meeting.
Trump wary of EU trade offer while Japan being ‘tough’
US Treasury Secretary Scott Bessent remains at a G7 meeting in Canada for trade talks following President Donald Trump's early departure from the summit.
‘You worry’: fears in Iranian community after bombing
Iranians in Australia say there is growing community fear over the safety of family members caught up in escalating violence in the Middle East.
Green tick: Australian net-zero projects to be rated
Environmental projects will be analysed and rated in Australia in a move experts say could prevent greenwashing and encourage international investments.
Middle East conflict ends plan for PM’s key Trump talk
Anthony Albanese will no longer meet with Donald Trump after the US president revealed he will leave the G7 summit before their highly anticipated encounter.
Spotlight on unemployment as jobs market loses heat
Jobs data is set to dominate the economic agenda in Australia, while onlookers expect the Federal Reserve to keep US interest rates on hold.
PM coy on whether Canadian leader gave him Trump tips
Prime Minister Anthony Albanese has held discussions with Canada's leader as both countries reckon with the impact of the US president's tariff regime.
Transparency boost: Reserve Bank homes in on key change
The Reserve Bank is likely to implement a key outstanding recommendation of a review into its operations, bringing it in line with international counterparts.
Trump arrives for G7 amid trade, political tensions
Donald Trump has arrived in Canada for his first G7 summit since returning to office - and after irking his partners with tariffs and threats of annexation.
Economic summit aims to firm up drooping productivity
Anthony Albanese is confident businesses and unions can find common ground in the quest to improve Australia's ailing productivity.
The Star cries poor, labels $400m fine a casino killer
The Star has said it will not survive being fined $400 million after admitting to lax anti-money laundering measures and courting high-risk gamblers.
Trump says rare earths to flow in new China trade deal
The US will get magnets and rare earths from China under a new trade deal and tariffs on Chinese goods will go to 55 per cent, President Donald Trump says.
Tariff turmoil – World Bank cuts global growth forecast
The World Bank has cut its growth forecast as a result of Donald Trump's erratic trade policies, saying the global outlook has "deteriorated substantially".