Stubbornly high inflation will eat into real wage gains
The federal budget is looking healthy thanks to a surprise revenue boost but inflation is proving persistent and is continuing to hurt household finances.
economy, business and finance
RBA boss hopeful for better year following hard 2023
Higher interest rates and cost of living pressures are hurting households and businesses, with the central bank governor acknowledging it's been a hard year.
Savings found to cover billions in new federal spending
The federal government's mid-year review will show it has found budget savings to pay for new spending, such as the response to the robodebt royal commission.
Government debt now fastest-growing spending pressure
The federal government's debt bill is set to balloon as higher interest rates push up the cost of borrowing.
Australia should delay AI laws, productivity boss warns
A business summit has heard Australia should not introduce laws around the use of artificial intelligence or it could risk being left behind other countries.
International factors driving petrol price pain
Higher international fuel prices driven by oil production cuts and strong demand, combined with a lower US dollar exchange rate, are pushing up petrol prices.
RBA backs resilient borrowers to ride out rate rises
Australians are making painful adjustments to cost of living pressures and higher interest rates but are overall proving resilient.
Seven West boss James Warburton stepping down
Broadcaster Seven Network will have a new boss when James Warburton steps down at the end of the financial year after an eventful period for the company.
Rental fix hinges on more homes, namely social housing
A parliamentary inquiry has called for continued funding for social housing in a comprehensive report on Australia's rental crisis.
Economy weakens as rising costs take toll on households
The Australian economy almost came to standstill last quarter, with clear signs of financial pain in the household sector.
Shareholders slug Bank of Queensland with first strike
Bank of Queensland is the latest Australian company to suffer a first strike to its remuneration report after a year of falling profits and regulatory strife.
RBA gift wraps end-of-year rate relief for borrowers
Borrowers have been spared more cash rate pain at the final Reserve Bank of Australia policy meeting of the year.
Westpac customers access online accounts after outage
Westpac customers have again been able to access their accounts after the bank said a "routine technology update" resulted in an online outage.
Customers unable to reach accounts in Westpac outage
Some Westpac customers have been unable to reach their accounts after an apparent online outage, as the bank says it is working to rectify the issue.
Shareholders pull the plug on Origin takeover bid
Origin Energy shareholders have sunk Brookfield's $20 billion takeover bid and the promise of tens of billions of dollars extra in renewables investment.
Climate finance takes centre stage at COP28 summit
COP28's Emirati hosts have set a fast pace on cheque signing amid the United Nations climate summit's biggest-ever attendance from business and finance firms.
RBA likely to spare borrowers Christmas rates pain
The Reserve Bank interest rate decision and growth statistics for the September quarter to dominate the economic agenda this week.
More volunteers sought from generous nation of donators
Ways to get Australians donating more to charities and volunteering their time have been detailed in a Productivity Commission report.
Banking ‘bullies’ leave vulnerable people open to scams
Post offices are increasingly filling the void when rural banks shut down, but they're not always paid for their services, a Senate inquiry has been told.
‘We’re under pressure too’, Chalmers tells treasurers
State and federal treasurers are yet to reach an agreement on the GST no worse off guarantee but talks are set to continue at national cabinet next week.
Home prices break through ceiling but growth eases
The housing market downturn of last year has been completely unwound, but the pace of growth is slowing.
7-Eleven Australia sold to Japan company for $1.7b
The Withers and Barlow families have sold one of Australia's most recognisable brands to a Japanese joint venture, which is promising to grow it further.
computer crime
computing and information technology
economy, business and finance
energy
energy and resource
environmental issue
international law
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
science and technology
summit
Climate information integrity threat ahead of summit
The climate crisis is being made worse by an information crisis, with some Australian outlets accused of peddling fake news and adding to confusion and delay.
Back in the red, no second surplus in budget update
The mid-year budget update will reveal a substantial improvement to the bottom line, but not a surplus, the federal treasurer says.
Jaber rejects report UAE sought COP28 hydrocarbon deals
The president-designate for the upcoming COP28 climate talks has denied a report alleging the UAE planned to use the summit to strike oil and gas deals.
Talks on Queensland infrastructure funds keep trucking
Queensland has made the case for more federal funding for roads and rail after the Commonwealth slashed infrastructure funding for projects around the country.
Reserve Bank board shake up outlined in new laws
The federal treasurer has introduced legislation that will underpin the biggest set of reforms at the Reserve Bank in decades.
Easing inflation takes heat off interest rate rises
Cooling inflation figures have improved the chances of the Reserve Bank keeping interest rates on hold.
Queensland government train contract set to deliver 800 jobs
The Queensland government has announced a $4.6 billion contract with transport construction company Downer as the primary manufacturer
States push back on cuts to infrastructure spending
Queensland is spending more on infrastructure than the federal government is "in the whole of Australia", the state's premier says.
PwC censured, fined almost $100,000 after tax leak
PwC has been fined nearly $100,000 after a disciplinary tribunal found it brought discredit on the accounting profession.