Interest rate decision to dominate economic agenda
Mortgage holders are unlikely to get a leg up from the Reserve Bank this week, with markets and analysts predicting the cash rate to remain on hold on Tuesday.
economy, business and finance
Australia’s luck running out despite budget bright spot
Australia's budget deficit for last financial year ended up being narrower than expected but younger workers will still be on the hook for a decade of red ink.
Financial sector urged to shoot higher on climate risk
The global financial sector has been urged to prevent further backsliding on climate and to stop funnelling money into new fossil fuels in an open letter.
‘Unacceptable’: second triple-zero Optus outage slammed
A second Optus triple-zero outage in as many weeks has raised the ire of a premier as calls mount for the government to empower regulators rather than telcos.
Trump plans 100 per cent tariff on foreign-made movies
Months after US President Donald Trump first teased plans to impose trade levies on all foreign movies, he announces the tariffs will be 100 per cent.
Rate cut run may be over as inflation raises concerns
Hopes for more rate cuts are fading after the Reserve Bank of Australia took a hawkish turn as it held interest rates steady in a widely-expected move.
‘Scapegoating’ Optus blames tech, staff for outages
Optus has blamed technical equipment and human error for two emergency call outages as the prime minister pans the telco for its "unacceptable" failures.
Concerns over sovereignty, risk in satellite internet
Satellite technology has advanced rapidly as "constellations" promise better internet in remote areas, but the transformation is not without risk.
Danish airport reopens after further drone activity
Denmark has informed its NATO allies that drone incursions that shut two of its airports are linked to unspecified "state actors", according to Latvia.
One in three homes in line for sunny value boost
Home buyers have seen the light and are now prepared to pay a little more for solar systems in the expectation of lower bills over time.
Trump declares plan to transfer TikTok to US investors
President Donald Trump has OK'd a plan to sell TikTok's US operations to American investors following China's approval, with a company price tag of $21 billion.
Big bank is cutting 200 teller, personal banking roles
Westpac is cutting 200 customer-facing roles in its network but says it will try to keep as many workers as possible through retraining and redeployment.
Jimmy Kimmel defends free speech as he returns to TV
Jimmy Kimmel insists he never meant to make light of Charlie Kirk's murder as the comedian made an emotional return to his TV show after being suspended.
‘Call to arms’: peak body joins coal royalties fight
A resources sector peak body has issued a "call to arms" urging businesses to join the fight against a state government's controversial coal royalties scheme.
Farming export success sows seeds of growth goal reset
A $100 billion target is expected to be met by Australian agriculture, but whether it remains the best goal has been questioned at a farming conference.
AI ‘energy trilemma’ in sights of data centre boss
Keeping data centres running to support the AI boom will require investment in low-emission energy generation, possibly including nuclear, proponents argue.
Conservationists outraged at coal-fired future
The extended shelf life of coal-fired power has enraged conservation groups, with one state declaring it will be in use for decades.
Premier takes a dig at miners in coal royalties rumble
A veiled swipe has been taken at "fairweather friends" by the premier of a state losing hundreds of mining jobs against the backdrop of a fight over royalties.
Economy shrugs off tariff turmoil to outperform peers
Central banks such as the RBA need to be wary of the risks of inflation kicking off again, which could trigger market sell-offs, a global economic body warns.
Trump unleashes at UN, countries are ‘going to hell’
President Donald Trump has returned to the United Nations to boast of his foreign policy achievements and lash out at the world body as a feckless institution.
‘It starts to hurt a lot’: big toll of deaths, manhunt
As the manhunt for an accused killer enters a fourth week, a relief package for businesses impacted by the search will be a drop in the ocean for many.
China says TikTok deal with the US is a ‘win-win’
China has called a framework deal reached to switch TikTok to US-controlled ownership in the United States a "win-win" in a state media editorial.
Coal ‘crisis’: hundreds of jobs cut, mine mothballed
A mining giant has been labelled "un-Australian" by a state government for cutting hundreds of jobs and mothballing one of its oldest sites.
Approvals turbocharged in bid to tackle housing crisis
Longstanding, complicated planning processes will be swept aside in an effort to build more homes faster in a state that's fighting to keep young families.
ADNOC-led consortium abandons $A28b Santos takeover bid
An Abu Dhabi-led consortium has withdrawn its blockbuster bid to buy Australian gas producer Santos.
Trump hails US, UK’s ‘unbreakable bond’ at talks
US President Donald Trump has arrived to hold talks with UK Prime Minister Keir Starmer at his Chequers country estate.
Signs of cooling labour market in surprise job numbers
Australia's unemployment rate has held steady at 4.2 per cent despite thousands of jobs unexpectedly dropping out of the nation's economy.
US Fed cuts rates by quarter of a percentage point
The US central bank has lowered the key interest rate by a quarter of a percentage point due to a weak labour market, the board of governors says.
‘Shady practice’: Kmart face-scanning breaches privacy
Shopping giant Kmart plans to challenge a finding that it violated people's privacy with facial surveillance as experts say it's a clear warning to other firms.
NZ economy shrinks, fuelling bets of steeper rate cuts
A sharper-than-expected contraction in the New Zealand economy has fuelled expectations of a higher interest rate cut in October.
National economy still stuck in ‘productivity malaise’
Despite a modest pick-up in productivity growth and signs private sector employment is recovering, Australia's slump in productivity is far from over.