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.
economy, business and finance
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has pulled the plug on the iPod more than two decades after introducing the game-changing music player, sayings it's been replaced by other devices.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.
Retailing in last hurrah before rate rise
The Australian Bureau of Statistics says retail trade rose 1.6 per cent in March to a record $33.6 billion, coming before rising interest rates take their toll.
RBA lifts cash rate, warns of more to come
The Reserve Bank of Australia board has raised the cash rate by 0.25 percentage points to 0.35 per cent following its monthly board meeting.
EU pushes antitrust case against Apple
EU antitrust regulators say Apple is restricting access to its technology in a move that may force the iPhone maker to open its mobile payment system to rivals.
Morrison offers sympathy over rate rise
As the Reserve Bank decided on its first cash rate lift in almost 12 years, Scott Morrison says he understands some home borrowers will face tougher times.
Rate hikes needed to curb inflation: RBA
Reserve Bank governor Philip Lowe has warned that without increases in interest rates, inflation will be a lot higher than present.
One in 25 properties ‘uninsurable by 2030’
A new report warns 521,000 properties could be uninsurable by the end of this decade due to climate change risks.
Rate rise to put pressure on home prices
Australian house price growth is slowing nationally and could come under further pressure as official interest rates start to rise.
Petrol prices on the rise despite tax cut
Petrol prices have risen for a second week in a row as international oil prices climb on continued supply concerns due to the Ukrainian war.
National standards adapt to new challenges
A future in which the digital economy is at risk of cyber threats and natural disasters demands new national standards, a report says.
Surge in power bills adds to cost woes
High international fuel prices and outages at coal-fired power plants are pushing wholesale electricity costs up across Australia, the market operator says.
‘No housing crisis’, says John Howard
As debate rages about inflation, John Howard says there is no housing crisis but acknowledges there are pressures to be resolved in the sector.
Indonesia widens palm oil export ban
Analysts say vegetable oil prices are soaring as Indonesia widens an export ban on raw materials for cooking oil to include crude and refined palm oil.
Milking it: Food prices rising fastest since 2001
The latest quarterly consumer price index shows food prices have experienced their largest inflation rise in more than 10 years.
Imminent rate hike tipped as CPI spikes
A surge in annual inflation to above five per cent has financial markets tipping a cash rate rise when the Reserve Bank board meets on May 3.
economy, business and finance
environmental pollution
oil and gas - upstream activities
politics (general)
regulatory policy and organisation
Qld coal seam gas waste plan criticised
Activists warn a draft Queensland government plan would allow the coal seam gas industry to simply bury waste brine, posing a risk to the environment.
Elon Musk is taking Twitter private
Elon Musk has reached an agreement to buy Twitter for $61 billion, promising a more lenient touch to policing content on the social media platform.
Economic outlook ‘tricky’ despite strength
Australia's economic recovery has been faster and better than expected, but war in Europe and China's COVID-19 outbreaks are wildcards for the nation's outlook.
Job boon for regions from phasing out coal
New modelling weighs up the jobs boon for regional economies from replacing coal-fired power plants with wind, solar, batteries, new coal or gas generation.
Small firms’ mood sours amid price rises
Confidence and conditions dropped among small and medium-sized businesses during the March quarter, a National Australia Bank survey shows.
Ukraine, US walk out on Russia at G20
Finance ministers from several countries have reportedly temporarily left the G20 meeting in Washington DC due to Russia's participation.