Chalmers to deliver economic update soon
Treasurer Jim Chalmers will deliver an economic update when parliament resumes in June or July and ahead of his first budget in October.
economy, business and finance
Punishment at the petrol pump: Chalmers
New federal treasurer Jim Chalmers says motorists are being punished at the bowser again, but won't promise to retain the fuel excise cut beyond September.
Biden looks to expand US influence in Asia
President Joe Biden is set to launch a long-anticipated Indo-Pacific trade pact ahead of a Quad meeting in Tokyo.
Chalmers brings crisis experience to role
Jim Chalmers has been sworn in as the nation's treasurer, a role he brings a wealth of experience to having been advisor and chief of staff to Wayne Swan.
Star chair O’Neill quits, joins exodus
John O'Neill has quit as executive chairman of Star Entertainment ahead of his appearance at a NSW gaming inquiry into the company's Sydney casino licence.
agriculture
economy, business and finance
energy
environmental politics
financial markets
forestry and timber
politics
Call for carbon emissions to peak by 2025
Australia's carbon emissions need to peak during the next parliament to achieve net zero by 2050, but there's no expectation the major parties will change tack.
Forrest flays fossil fuel ‘greenwashing’
Billionaire Andrew Forrest says any hydrogen made from fossil fuels is part of the problem, and welcomes Europe's moves to boost renewable energy usage.
Sri Lanka limits foreign currency holdings
Sri Lankan police have clashed with student protesters as the country's central bank says individuals may only possess $US10,000 in foreign currency.
Labor says promises add $7.4b to budget
Federal Labor's election promises will add $7.4 billion to the budget bottom line over the next four financial years.
Health and handouts in NZ budget spend-up
New Zealand Finance Minister Grant Robertson has delivered health reforms, inflation-fighting handouts, and a $NZ19 billion deficit in the latest budget.
Albanese hits out at Liberal attack ads
Anthony Albanese has taken a swipe at prominent coalition attack ads during a speech to the Italian community in Sydney.
Sluggish wage growth won’t stop rate rises
The Australian Bureau of Statistics said its wage price index rose by an annual rate of 2.4 per cent, less than half the rate of inflation.
Morrison scoffs at suggestion of recession
Prime Minister Scott Morrison has rejected any suggestion Australia faces a recession given the unemployment rate is set to fall below four per cent.
breaking_news
economy, business and finance
energy
environmental issue
global warming
oil and gas - downstream activities
oil and gas - upstream activities
Renewables can’t do it all, gas chief says
An energy-led recovery and decarbonisation are key issues for oil and gas majors, and for protesters, at Australia's largest fossil-fuel summit for years.
Craig Kelly vies for votes on a jet plane
Days out from the election, United Australia Party leader Craig Kelly toured regional Victoria, meeting supporters and protesters along the way.
Coalition targets public service cuts
Treasurer Josh Frydenberg and Finance Minister Simon Birmingham say the 35 policies announced by the government during the election campaign are fully costed.
Labor pledge to back critical technologies
Labor is proposing a national co-investment fund, working with superannuation and venture capital groups, to back leading tech thinkers and their firms.
Now and then: celebrating our main streets
The history and culture of main streets around the country is being celebrated this week as part of a new national campaign.
Health, resources key to Labor’s pitch
Anthony Albanese has visited regional Queensland to promote Labor's battery manufacturing plan, before travelling to the northern Brisbane seat of Lilley.
Battery tech firm builds own supply chain
An Australian pioneer in big battery systems is building its own local supply chain, as well as CSIRO-backed sovereign technology.
Sign of wage pick-up, but lags inflation
New figures suggest there has been a pick-up in wages growth since the start of the year, but it is still lagging well behind the rate of inflation.
Consumers brace for sharp rise in rates
The Westpac-Melbourne Institute monthly consumer survey showed a sharp drop in confidence as Australians brace for more interest rate increases.
Apple discontinues iPod after 20 years
Apple has pulled the plug on the iPod more than two decades after introducing the game-changing music player, sayings it's been replaced by other devices.
Proposed grid reforms energise investors
Moves to redesign Australia's electricity grid to better support renewable energy projects have been welcomed by institutional investors in the sector.
Petrol prices up again despite tax support
Petrol prices are continuing to climb across Australia, with some cities paying more than 180 cents a litre as global factors undermine the cut in fuel excise.
Greens to call for young voter ‘uprising’
Greens Leader Adam Bandt says young people have to fight for their future as the party turns to first-time voters to strengthen their foothold in Canberra.
Three Star executives resign amid probe
Three Star executives have resigned in the midst of an inquiry into the company's fitness to hold a Sydney casino licence.
Cybersecurity risk ruling for fin services
RI Advice Group has breached its licence obligations by failing to have adequate risk management systems to manage its cybersecurity risks, a court has ruled.
SA to withdraw Russian investments
South Australia has introduced legislation to parliament to divest the state government of any investments in Russian assets.
Morrison, Albanese pitch plans for economy
Scott Morrison and Anthony Albanese are emphasising their economic credentials, against a backdrop of rising interest rates and cost of living pressures.
Supply issues persist for auto market
The Federal Chamber of Automotive Industries says global supply issues continue to cause problems for the local vehicle market.