Trump: it’s time to get ‘threat’ away from Greenland
After announcing tariffs on European allies, Donald Trump says Denmark has failed to protect Greenland from the "Russian threat" but "now it is time".
economy, business and finance
Complacency risk for economy as tariff wars re-emerge
A deterioration in the job market could spare Australian borrowers interest rate hikes in 2026, an economist says.
Death toll soars after high-speed train crash in Spain
A high-speed train has derailed and smashed into another oncoming train in southern Spain in a collision that killed at least 39 people.
Harry’s lawyer tells court Mail complicit in wrongdoing
Prince Harry's case against the Daily Mail publisher over allegations of unlawful information gathering is under way in Britain's High Court.
Trump ties Greenland to not getting Nobel Peace Prize
Donald Trump has linked his bid to take control of Greenland to his failure to win a Nobel Prize, as a row over the island threatens to reignite a trade war.
Home approvals surge but affordability still an issue
Rent has soared to a median of $817 a week in Australia's most expensive city as a lack of supply stretches affordability to the limits around the nation.
US seizes two oil tankers linked to Venezuela
The US has seized two sanctioned oil tankers linked to Venezuela in back-to-back operations.
RBA official’s advice to borrowers over inflation data
Mortgage holders have been warned not to expect relief anytime soon with the latest inflation figures unlikely to significantly influence the RBA's thinking.
Extreme hot and cold driving inland health emergencies
As Australia swelters through a heatwave, research suggests inland populations can expect hot days to become a bigger cause of health stress in the future.
Cheaper houses have lift-off as guarantee takes effect
A five per cent deposit guarantee is helping first homebuyers into the market, but ensuring they pay more for the privilege.
Greenland opposition leader backs direct talks with US
The head of the opposition Naleraq party has urged direct talks between US officials and representatives of Greenland, without Danish involvement.
US Supreme Court could rule on Trump tariffs next week
A US Supreme Court ruling in a major case testing the legality of President Donald Trump's global tariffs could be announced on Wednesday.
Where home prices could take off or crash land in 2026
A worsening outlook for interest rates will put a dampener on Australia's property market in 2026 but records are still expected to tumble across the country.
Hopes Black Friday could sustain spending growth
After a stronger than expected month for consumer spending, pre-Christmas sales could see that trend continue.
Fed subpoenaed, indictment threatened: chair
Fed chair Jerome Powell says the Department of Justice has served the central bank with subpoenas and threatened indictment over his testimony on renovations.
Oasis tour tunes up economy but clouds rate cut hopes
Britpop giant Oasis and Black Friday bargains have helped bring Australia's economy back in tune, adding to the case against Reserve Bank rate cuts.
Rate hike ‘risks hurting’ fragile consumer sentiment
A fresh survey of Australian consumer sentiment doesn't make for encouraging reading as the central bank weighs lifting the cash rate at its next meeting.
Global minimum tax deal update backed by 145 countries
A 15 per cent global minimum tax framework has been kept as countries approved an update that allows carve-outs for some US companies.
Fears more sinkholes could appear near tunnel project
A large, gaping crater has opened at a suburban sports oval near major tunnel-boring works, sparking safety fears about whether another could emerge.
Tesla loses global electric vehicle crown to BYD
Chinese company BYD has become the world's bestselling electric vehicle maker, taking over from US rival Tesla.
Boxing Day sales take off with bargain airfares
Shoppers are being urged to scrutinise Boxing Day bargain claims, while two major airlines have announced discounted fare sales.
Australia makes list of 2025’s costliest climate events
From catastrophic wildfires in Los Angeles to devastating floods in Asia, it's been a tough year of climate extremes and their economic burdens.
New year brings cheaper medicines, higher energy bills
A cut to the Pharmaceutical Benefits Scheme co-payment will slash the cost of medicines but Australians face higher power bills in the new year.
Bold company tax proposal still friendless after revamp
An alternative corporate tax proposal could have greater economic benefits if a requirement to be budget-neutral was removed, the Productivity Commission says.
‘Unconscionable’: major bank’s record fine bumped up
ANZ has been fined $250 million for widespread misconduct and systemic failures that impacted the federal government, taxpayers and thousands of customers.
Australians fleeing south to escape climate extremes
Australians are already on the move due to climate change, with one state the number one choice for those seeking relief from heat, floods and fires.
Gas reservation promises ‘downward pressure’ on prices
Australia will divert more of its gas for local use rather than export under a long-awaited reservation policy designed to ward off shortfalls.
Mega media group merger clears shareholder hurdle
Seven West Media shareholders have overwhelmingly agreed to the TV network's merger with Southern Cross Media, with the union set to be complete in weeks.
‘Horse has bolted’ on cheap gas, even with reservation
Businesses and households want cheaper gas but it remains unclear how effective a plan to reserve more supply for domestic use will be at lowering prices.
‘Horse has bolted’ on cheap gas, even with reservation
Businesses and households want cheaper gas but it remains unclear how effective a plan to reserve more supply for domestic use will be at lowering prices.
Woodside boss quits to become BP’s first female chief
The leader of Australia's biggest oil and gas company has resigned to become the first woman to lead oil giant BP in the company's 116-year history.