Bonza calls in administrators as passengers hit hotline
Budget airline Bonza has entered voluntary administration after flights were suspended and the Australian government created a hotline for customers.
economy, business and finance
Retailers feel pinch as shoppers stay home, spend less
The high cost of essentials such as health, education and housing are squeezing household budgets and leading to weak discretionary spending.
Coles credits Pokemon with lifting supermarket sales
Coles has recorded a 5.1 per cent rise in supermarket sales over the past three months, a boost it attributed in part to a popular collectibles campaign.
Spending habits under a microscope ahead of budget
Higher interest rates, cost of living pressures and an increasing tax burden have kept a lid on Australian consumer spending and left retail sales weak.
Renting families, overseas students not in competition
Rentals are in short supply and prices are rising fast but there's more to the story than international students, the Student Accommodation Council says.
BHP’s $60b copper power play rejected by British rival
BHP has had a $60 billion bet on "future-facing commodities" rejected by rival Anglo American, which said the iron ore giant's takeover bid was opportunistic.
Borrowers warned not to count on 2024 rates relief
Hotter-than-expected inflation data has likely pushed back the start date for interest rate cuts, a move that will keep pressure on mortgage holder budgets.
Woodside shareholders reject climate plan
Woodside Energy shareholders have re-elected chairman Richard Goyder but rejected the company's climate plan in a raucous four-hour meeting.
Slow progress on inflation tempers interest rate hopes
Australia's annual inflation rate has sunk to a two-year low but is slightly above expectations, which might lengthen the wait time for rate cuts.
Housing crisis to ‘get worse before it gets better’
Tax reform, building more public housing, and lifting social support payments have all been floated as pieces of the housing affordability puzzle.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
natural gas
politics
Cheaper renewable energy driving electricity costs down
Renewable energy generation is lifting its overall share of a growing national electricity market and pushing wholesale prices down, according to official data.
More cost of living relief on cards in federal budget
Ahead of the May federal budget, Treasurer Jim Chalmers has flagged more cost of living relief that will need to take pressure off inflation, not add to it.
Consumer price data to set scene for May rates call
The cost of living pressures plaguing households have been subsiding and fresh data released this week will hopefully reveal further softening.
South Australia tops economic leaderboard again
South Australia is the top-performing state economy for the second quarter running although Western Australia could overtake it in coming months.
Global tensions, China slowdown casts budget shadow
The threat of escalating conflict in the Middle East has cast further uncertainty over Australia's pre-budget economic outlook, the treasurer has warned.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
metal and mineral
mining
politics
BHP’s energy coal fires up, axe swings over nickel jobs
Thousands of workers face uncertainty as BHP considers the fate of nickel operations amid a global glut of the metal, but coal for power plants is firing up.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
natural gas
politics
Extreme weather sparks higher wholesale energy prices
Some of the most extreme weather Australia has ever seen is proving to be the "X-factor" for power bills as wholesale energy prices rise.
Jobs market holds ground despite rise in unemployment
The official jobs data was more subdued in March as widely expected following a surprisingly strong February result.
Aussie mining ‘under assault’ from China: US ambassador
Ambassador Caroline Kennedy has taken aim at China's "unchecked exploitation" of Indonesia and other nations that risks destroying the supply of clean minerals.
Budget clouded by global wars and weak economic growth
Treasurer Jim Chalmers will use talks in Washington to take the temperature of the global economy as he puts the finishing touches on his third federal budget.
Climate change differences for farmers by state
A rural report into the impact of climate change in every state calls for research to determine how land management can help achieve emission reduction targets.
consumers
economy, business and finance
electricity production and distribution
energy
environmental issue
politics
Call for home battery cash to support solar milestones
Solar power is breaking records, and reigniting calls for a home battery saver program of up to $6500 to allow households to get more value from their rooftops.
Jail threat, apologies as supermarket chiefs face probe
The head of Woolworths was threatened with jail time while the Coles CEO apologised to suppliers during a parliamentary inquiry into supermarket prices.
Build-to-rent piece of housing puzzle but no quick fix
Homes purposefully built for renting long term could help boost rental supply in the future but the emerging model is no silver bullet nor a short term fix.
agriculture
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
politics
Deeper cuts to carbon emissions under draft 2035 target
Australians will compete for public funds, electricity supply and land access under plans for the nation to cut its emissions by up to 75 per cent by 2035.
Two cryptocurrency companies collapse owing $160m
Two separate Australian cryptocurrency companies have collapsed while federal court proceedings are being pursued against the directors of the businesses.
Made in Australia: PM manufactures clean energy vision
A blueprint has been unveiled to keep Australia in a "global race" and could involve taxpayers funding major manufacturing and clean energy projects.
Floods, rental crisis leaving tenants in the lurch
Tenants should be insured for alternative accommodation and warned if a property has been through a flood before signing a lease, a tenancy advocacy body says.
Renters hit with steepest quarterly hike in 17 years
The price pressures on renters intensified in the first months of 2024, with the sharpest quarterly increase in nearly two decades recorded.
Future made in Australia: PM’s plan for manufacturing
A plan to boost locally made resources and jobs, especially in green energy, in Australia will be unveiled by the prime minister.
Future made in Australia: PM’s plan for economic growth
A plan to boost locally made resources and jobs, especially in green energy, in Australia will be unveiled by the prime minister.