Tariff risks US market crash for humble Aussie wines
Wine industry figures say the new US tariffs will increase costs throughout the supply chain and risk bulk American wine replacing affordable Australian drops.
economy, business and finance
economy, business and finance
election
flood
political campaigns
political candidates
politics
waterway and maritime transport
Port becomes political football but is ‘not for sale’
A major port leased to a Chinese company is in the sights of a takeover as the coalition and Labor flag plans for it to be brought back into Australian hands.
US stocks savaged as China hits back in trade war
Markets have tumbled in Wall Street's worst crisis since the COVID-19 pandemic as investors fled after China retaliated against US tariffs.
economy, business and finance
election
international (foreign) trade
international relations
political candidates
politics
tariff
US trade war may force all-out assault with rate cuts
An escalating trade war has slashed the odds of interest rate cuts for Australian mortgage-holders, including a potential mega cut weeks after the election.
China retaliates in global trade war with tariffs on US
Beijing is slapping levies on all US products in retaliation to President Donald Trump as his tariffs rock world markets and fuel fears of a global downturn.
Work on TikTok deal in a good place: US vice president
US Vice President JD Vance says a deal for non-Chinese ownership of TikTok will emerge before a weekend deadline.
breaking_news
economy, business and finance
international (foreign) trade
politics
tariff
trade policy
Trump’s sweeping tariffs stoke a global trade war
US President Donald Trump's across-the-board tariffs have provoked threats of retaliation and sparked fears about their impact on the global economy.
Amazon, OnlyFans founder make bids for TikTok: reports
Amazon has reportedly put in a late bid to purchase short video app TikTok from Chinese owner ByteDance while Zoop says it is also in the running.
Star’s chips down as $940m debt deal comes off table
Embattled casino giant Star Entertainment is back on the brink of collapse after a refinancing deal fell through, but talks with a US casino giant continue.
Two data prints and a Trump wildcard to decide rate cut
Mortgage holders could know by April 30 whether to expect more interest rate relief, as the Reserve Bank casts its eyes on a crucial inflation reading.
Managing Trump, tariffs looms large in bid for votes
Australia's political leaders say biosecurity and medicines are not up for debate in response to tariffs set to be announced by US President Donald Trump
‘Cautious’ RBA on hold as election, tariffs threaten
The Reserve Bank of Australia has kept the cash rate unchanged at 4.1 per cent, as global uncertainty clouds the economic outlook.
Greenland’s new PM says the US will not get the island
Greenland's new leader has declared the United States will not get the Arctic island, as Donald Trump ramps up threats to take control of the territory.
Treasurer joins chorus in hosing down rate cut hopes
"Almost nobody" is expecting an interest cut, the treasurer says as the Reserve Bank's new rate-setting board meets with an election campaign in full swing.
‘Liberation Day’ overshadows Reserve Bank’s rate call
The Reserve Bank is expected to leave rates on hold at its next meeting despite the expected negative impact of more US tariffs on Australia's economic growth.
Anti-Elon Musk protesters swarm Tesla showrooms
Crowds protesting billionaire Elon Musk's purge of US government departments began rallying outside Tesla dealerships throughout American cities.
Canada’s old relationship with US ‘is over’, says PM
Canada's prime minister says his country's relationship with the United States has changed due to Donald Trump's actions on tariffs.
Trump ratchets up trade war with 25 per cent car tariff
Markets are reacting to President Donald Trump's announcement of new import taxes of 25 per cent on cars and car parts coming into the US.
Another retailer goes out of fashion, 600 jobs at risk
Retail chain Jeanswest has collapsed after more than five decades in business, threatening hundreds of jobs with more than 90 stores likely to close.
EU trade chief meets with Trump officials over tariffs
US President Donald Trump has said he may give "a lot of countries" breaks on tariffs, but has provided no further details on which ones are included.
Taxpayers to get $10 a week cut in pre-election budget
All taxpayers will get two rounds of cuts but only starting from July 2026, as Treasurer Jim Chalmers makes the case for a second Labor term.
Tariffs on cars, aluminium, pharmaceuticals soon: Trump
Tariffs on vehicles, aluminium and pharmaceuticals will be announced in the near future, US President Donald Trump says.
‘Optimism’ in budget as Australia seen turning a corner
The cost of living will be centre stage in the government's budget as many continue to do it tough, but a cabinet minister says there is reason to have hope.
Carney calls snap vote, says Trump has sights on Canada
Canada's new Prime Minister Mark Carney has called a snap election asking for a mandate to tackle US President Donald Trump who he says wants to "own" Canada.
Consultants in firing line amid public servant stoush
The coalition wants to slash public servant numbers but Labor says the alternative is costly consultants, as both sides lavish voters with cost-of-living help.
Budget week to bring inflation, cost-of-living news
The Albanese government will look to further ease cost-of-living pressures without adding to inflation when it delivers its fourth budget.
Public service jobs on line as poll battlelines form
The coalition has doubled down on plans to axe public service jobs if elected as the prime minister goes into bat for Australians working from home.
‘Hip pocket help’ on its way in pre-election sweetener
Australians will receive more energy bill relief in the federal budget but the Liberals argue it's only needed because Labor has allowed costs to blow out.
UK government orders probe into Heathrow shutdown
The UK government has ordered an investigation into the country's energy resilience after an electrical substation fire shut Heathrow Airport for almost a day.
Plans to help more into ‘disaster’ housing market
Aspiring homeowners could secure a cheaper mortgage and lower deposit by letting the government take a stake, but Peter Dutton questions whether they want to.
consumer goods
consumers
economy, business and finance
food - consumer goods
inquiry
politics
report
retail
shopping
Coles, Woolies guilty of increasing margins: watchdog
Treasurer Jim Chalmers promised a crackdown on major supermarkets following a consumer watchdog report, but warned breaking them up would be counterproductive.