Petrol prices ease ahead of Christmas
Motorists would be wise to fill up while fuel is cheap because retailers could hike prices in the days before Christmas.
economy, business and finance
Greens to oppose price cap compo plans
The Greens will have the balance of power in the Senate as parliament is recalled to pass the federal government's energy bill relief measures.
Action plan to create solar cell security
Australia is again the lucky country with abundant silicon and an action plan for a sovereign solar cell supply chain to break China's stranglehold.
Surging energy prices are really going to hurt. What can the government actually do?
Picture this. You’re in government for the first time in more than a decade. And within six months, you’re facing a diabolical problem: skyrocketing energy prices. To your constituents, it doesn’t matter that the root cause is a war in Europe. What they’ll see is pain – electricity and gas bills climbing and climbing.
Mortgage cliff looms as cheap loans expire
Housing affordability has taken a hit from rising mortgage rates and spiralling inflation, bringing an end to the property boom, but buyers are more prepared.
Economy up 0.6 per cent in third quarter
As expected, economic growth is starting to ease off but rising interest rates are likely to dampen activity further in coming quarters.
agriculture
coal
economy, business and finance
energy
energy and resource
mining
natural gas
oil and gas - upstream activities
politics
renewable energy
Call to cap diesel rebate, sting oil firms
Experts warn subsidies for coal- and gas-fired plants could derail cleaner, cheaper power as energy ministers prepare for crucial talks in Brisbane on Thursday.
RBA hikes rates in fight to tame inflation
The Reserve Bank has increased interest rates by another 25 basis points, locking in more mortgage pain for Australians over summer.
Russia says it won’t accept oil price cap
The Russian government says it is preparing its response after the G7, the European Union and Australia announced a price cap on its oil.
Feds call for unity to lower energy prices
Federal ministers have urged the states and territories to put their differences aside and do their bit to lower energy prices.
Commodity economy ‘not a source of shame’
Fossil fuels have given Australians an "awesome" standard of living but the economy needs to become more varied, international investors have been told.
BHP sees ore demand beyond ‘super cycle’
BHP tips decarbonisation to drive global demand beyond a "super cycle" for copper, nickel and steel but warns the industry is competing for high-tech skills.
Debate over energy price cap heats up
The possibility of price caps on fossil fuels has sparked concern from some state leaders as the government looks to lock down a plan to lower energy prices.
Manufacturing sector contracts in November
The manufacturing sector has contracted after three months of flatlining, in a sign that less-than-favourable economic conditions are now hurting.
Home price downturn now more subdued
The residential property downturn endures for the seventh month in a row, although the pace of decline has started to wind back.
NSW wind farm defies high-profile critics
The official opening of a wind farm near Canberra has been more than 10 years in the making, but landowners are now "drinking silver" from the revenue stream.
Inflation down but consumer pain lingers
Cost of living pressures eased slightly last month, although it's still too early to call the turning point for inflation.
Tax reforms flagged for housing crisis fix
Labor should have another look at contentious housing-linked reforms it unsuccessfully took to the 2019 election, independent MP Andrew Wilkie says.
Rents becoming more and more unaffordable
New research has confirmed what many tenants across the country already know - rents are soaring and rising faster than household incomes.
Consumer sentiment lifts for third week
Consumers are heading into the festive season a little more confident, but almost a quarter of families will be going into debt to fund festivities.
Australian shares end week up 1.5 per cent
The local share market finished Friday up 0.24 per cent, to again close at its best level since May 30 after four straight days of gains.
Australia’s 100-million solar panel puzzle
Going solar or upgrading an old rooftop system may slash power bills and cut emissions, but Aussies won't help to save the world if panels end up as landfill.
RBA sorry for interest rate predictions
Reserve Bank boss Philip Lowe has admitted language around the 2024 interest rate forecast was not clear enough and apologised for the miscommunication.
Millions to go into debt to fund Christmas
Christmas is always an expensive period and this year households are feeling the pinch, with one in four going into debt to fund festivities.
EU parliament target of pro-Kremlin hack
The European Parliament has been targeted by a pro-Kremlin group hours after voting to categorise Russia as a 'sponsor of terrorism'.
‘Be honest’ on bill shock from new energy
Origin Energy says the push for clean energy is "out of step" with consumers, warning of bill shock for years from the cost of building new renewable assets.
RBA leaves 50bp rate hike on the table
The Reserve Bank is prepared to do whatever is necessary to ensure the spike in inflation is only temporary and doesn't linger.
economy, business and finance
energy
energy and resource
environmental issue
industrial production
metal and mineral
mining
politics
Alumina refines credible path to net zero
Clean energy and local expertise could transform alumina refining, which has been one of toughest sectors to crack in decarbonising the Australian economy.
Business output shrinks for second month
Demand for services has cooled but manufacturing conditions remain fairly robust, a new survey shows.
Spending spree drives rise in confidence
Black Friday sales may be feeding into slightly elevated consumer confidence scores as savvy spenders pounce on discounted items.
APEC leaders pledge stronger trade system
APEC leaders meeting in Bangkok have called for an end to Russia's war on Ukraine and pledged to steer the region's economies toward sustainable growth.