The ‘existential’ threat facing the corporate watchdog
Corporations and regulators are struggling to adapt to modern business conditions and regular Australians are suffering as a result, says ASIC boss Joe Longo.
Corporations and regulators are struggling to adapt to modern business conditions and regular Australians are suffering as a result, says ASIC boss Joe Longo.
US President Donald Trump has presented tariffs as a kind of silver bullet against China during an interview on Fox News.
A state will be in the red for some years as its government flags swelling infrastructure costs, as the opposition warns of the risk of potential spending cuts.
The EU is taking a "wait and see" approach to relations with the newly inaugurated US President Donald Trump in an attempt to avoid a trade conflict.
High costs, labour shortages and low productivity are limiting the sector's ability to build new homes as construction activity remains below required levels.
As Australian parents deal with the ballooning cost of school supplies amid other cost-of-living pressures, a minor party is promising relief.
A day after taking office, US President Donald Trump has reiterated tariff threats without immediately imposing the taxes he threatened during his campaign.
The cost of building a home continues to rise, making it harder for builders to meet supply targets and alleviate housing affordability.
Australia's aluminium industry is set to share in billions of dollars of tax credits to help emissions-intensive smelters convert to cleaner sources of energy.
Shares are down seven per cent at Star after the embattled casino company warned of "material uncertainty" about its ability to continue.
A TikTok ban imposed on 170 million American users has taken effect as app stores pull the popular social video platform from their offerings in the US.
Fault lines are widening between economic performance of nations and a global body warns Australia risks being left behind if it fails to improve productivity.
The strength of Australia's labour market has kept the Reserve Bank from cutting interest rates but growing evidence suggests it's not as crucial as thought.
A major pullback in house price rises has not stopped the market from extending its growth streak to eight consecutive quarters.
A very healthy jobs market is not adding to the case for a February interest rate cut, with all eyes turning to inflation data due in coming weeks.
A decline in spending on household goods has bolstered hopes of an RBA rate cut, which would help boost dour consumer sentiment.
Affordability pressures and rising vacancy rates are keeping a lid on rental growth after years of surging prices.
Easing inflation is increasing the likelihood of a near-term rate cut, which would provide a welcome boost to consumer sentiment in 2025.
A casino precinct might be the first asset sold from an embattled operator's multi-million dollar portfolio in a bid to avoid going belly up.
The Aussie dollar is edging closer to the psychologically significant 60 US cents barrier and Donald Trump could determine whether it crashes through in 2025.
economy (general)
economy, business and finance
employment
inflation and deflation
labour
macro economics
politics
Even with restrictive interest rate settings and inflation battering the economy, Australia's labour market has proved surprisingly resilient.
Technology is a major factor in rising back-to-school costs as Australian teachers notice an increase in students without the essentials.
China and Britain have restarted economic and financial talks after a six-year hiatus during a visit by Britain's Treasury chief to Beijing.
Parking nightmares and long lines at coffee shops are common in Australia's beachside towns during peak season - a period local businesses rely on.
Anthony Albanese and Peter Dutton have launched a soft test of their pitches to voters ahead of the federal election after a week of unofficial campaigning.
As the shares of embattled casino operator Star Entertainment fall to an all-time low, a state government has ruled out giving it a financial lifeline.
economy, business and finance
electricity production and distribution
energy (general)
energy and resource
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
Federal Labor has been urged to reverse "anti-gas policies" with structural shortfalls forecast from 2027 and Australians still under the pump on energy bills.
Investors might start looking outside of the property market where most of Australia's wealth is held, as returns for another sector outstrip housing.
Star Entertainment says it had just $79 million in cash left at December 31, after burning through $107 million over the previous three months.
Consumer spending is past its weakest point but still subdued, despite a spike in activity from annual promotions in November.
Australians are likely to see more false content and abuse on their Facebook, Instagram and Threads feeds when Meta ditches fact-checking problematic posts.