Labor, Coalition at odds over RBA board appointments
As the Albanese government seeks to enact the recommendations of a review of the Reserve Bank, the coalition has queried two new appointments.
economy, business and finance
RBA rejig promises better decisions and fewer mistakes
A major overhaul of the Reserve Bank of Australia will allow the creation of a new monetary policy board that will be more accountable and hold fewer meetings.
Treasurer steps in for casino talks as Star loses shine
The NSW treasurer hasn't taken a proposed casino tax hike off the table amid job losses at Star but will soon meet with workers and management.
breaking_news
economy, business and finance
finance (general)
house building
housing and urban planning
politics
Government bails out Porter Davis clients left in limbo
The Victorian government will stump up $15 million to pay back 560 Porter Davis customers who put down a deposit but never had insurance filed by the company.
Coal cap, record solar stabilise wholesale power prices
Consumers can expect some respite on energy bills next year as wholesale prices stabilise, but the Liddell coal plant closure will tighten the balance.
Advocates hopeful of single parent support in budget
The federal government is under pressure to boost funding for disadvantaged people in the May budget, with advocates saying there is a clear case for it.
economy, business and finance
energy
energy and resource
environmental issue
industrial production
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics (general)
Trillions needed to scale up future of renewable energy
Clean export installations up north, production hubs in the south and pipelines crossing the nation map out Australia's future as a net-zero nation.
coal
economy, business and finance
energy and resource
environmental issue
mining
politics (general)
Glencore coal investors fire up ahead of annual meeting
Big investors are queuing up to quiz mining giant Glencore on how thermal coal fits with growing international ambitions to decarbonise electricity supply.
Digging deep in Northern Australia for voice, climate
Federal minister Madeleine King says support by the resources industry for the voice to parliament is "one small way" to help heal past injustices.
business (general)
construction and property
consumer confidence
economy, business and finance
house building
Porter Davis owes Commonwealth Bank $33m: documents
Documents filed with the corporate watchdog show the Commonwealth Bank of Australia is owed millions by home builder Porter Davis, which collapsed last month.
Reserve Bank minutes suggest May rate hike on the table
Fresh inflation data will set the scene for the Reserve Bank's next move, with another rate hike a live option for its board meeting in May.
Budget black hole prompts line by line review
The NSW treasurer says he will be going through the budget "line by line" after departmental papers revealed a $7 billion black hole in the state's finances.
Australia needs to attract $400bn for energy investment
There are concerns the federal government's decarbonisation policies won't deliver enough to be consistent with world ambitions to limit global warming to 1.5C.
Global uncertainty casting a shadow over federal budget
Treasurer Jim Chalmers has warned that the upcoming federal budget is being put together against a backdrop of difficult global economic conditions.
construction and property
economy, business and finance
house building
manufacturing and engineering
New builder to complete hundreds of Porter Davis homes
Nostra Property Group will complete up to 375 of the houses left in limbo after home builder Porter Davis collapsed, liquidators Grant Thornton has confirmed.
Porter Davis owners stuck in never ending nightmare
Families impacted by the collapse of builder Porter Davis have staged a protest calling for state and federal governments to intervene to help them.
Builders and energy groups clash over construction code
The Housing Industry Association is pushing for new energy efficiency requirements for builders to be deferred, triggering fierce backlash from some experts.
‘Amazing strength’ in jobs market defies rate hikes
Analysts say the jobless rate holding at 50-year lows is a sign of "amazing strength", with faster population growth helping soak up strong demand for workers.
France’s Macron signs contested pension bill into law
A controversial bill to raise the retirement age by two years has been signed into law by French President Emmanuel Macron despite mass protests.
IMF warns deeper financial turmoil would hit growth
The outlook for the world economy has dimmed in the face of chronically high inflation and uncertainties around banks, the International Monetary Fund says.
breaking_news
computer crime
consumer goods
data protection
economy, business and finance
finance (general)
Latitude Financial rejects ransom demand after hack
Latitude Financial is refusing to co-operate with cyber attackers, saying it will not reward criminal behaviour as it is faced with a ransom demand.
Treasurer defends phase out of low income tax relief
A tax offset offered to low and middle income earners over the last three years is being axed, with the Albanese government saying it is no longer affordable.
Treasurer warns vaping is hurting health and the budget
The treasurer says the switch to vaping is leaving a hole in the federal budget, but the "incredibly concerning" health crisis is the main priority.
Aussies count coins and avoid rain with Easter at home
Cost-of-living pressures and wet weather are disrupting Easter plans for more than half of Australians, with the majority staying home this holiday period.
Near-finished Porter Davis homes will be completed
Porter Davis liquidators have been working to find solutions for staff and clients since the home building company collapsed a week ago.
Premier backs call to not bail out beleaguered builder
Authorities are probing whether one of Australia's largest home builders illegally took deposits from customers before securing their insurance policies.
Australia’s largest solar farm close to operational
With more than one million panels generating enough power for 235,000 homes, Australia's largest solar project is nearly up and running.
Inland Rail project build blows out to $31.4 billion
An independent review into the Inland Rail project has revealed it faces serious problems, but the Albanese government is pushing ahead.
Rate-hike pause bolsters Australian share market
Australian shares are near all-time highs following the Reserve Bank's decision to keep interest rates unchanged after 10 consecutive hikes.
RBA boss eyes more rate hikes, ‘way too early’ for cuts
The Reserve Bank has kept interest rates on hold, but governor Philip Lowe says there's a good chance the central bank will need to fire off more increases.
Relief on rates but don’t bank on an end to rises
The Reserve Bank of Australia has delivered welcome interest rate relief to mortgage holders and kept the cash rate on hold.