economy, business and finance

construction and property economy, business and finance real estate

Call for reform after Probuild collapse

Probuild is merely the latest construction-sector casualty, with reform urgently needed before more tradies lose their jobs, industry bodies warn.

business and finance construction and property economy economy, business and finance house building

Vic premier may offer support to Probuild

Victoria's premier says the state government may provide support to Probuild, as its parent company places the building firm into administration.

economy, business and finance retail

Costs weigh on Coles first half profit

Coles has delivered a two per cent drop in profit as higher costs and lower convenience store sales hit half-year results.

breaking_news economy, business and finance energy environmental politics environmental pollution politics (general)

Tech mogul ‘remains optimistic’ on AGL bid

AGL Energy has rejected a hefty takeover offer by a consortium helmed by tech mogul Mike Cannon-Brookes, but market experts say it's just a starting bid.

breaking_news economy, business and finance employment politics unemployment

Jobs market proves resilient to Omicron

The unemployment rate held steady at 4.2 per cent in January, but there was a sharp drop in hours worked due to the impact of the Omicron variant.

economy, business and finance housing and urban planning

House and unit price gap hits record high

The disparity between house and unit values has hit a record high, as apartment prices slowed over January due to COVID-related impacts on demand.

breaking_news economy, business and finance government departments inquiry politics

Budget cuts could risk recovery: Treasury

Treasury secretary Steven Kennedy says the Australian economy has proved resilient in the face of disruptions caused by the COVID-19 Omicron variant.

economy, business and finance politics

New home sales buoyed by end of lockdowns

Sales of new detached houses were buoyant in the three months to January as the end of the Delta lockdowns returned confidence to the market.

breaking_news economy, business and finance politics

Jobs growth resilient in face of Omicron

New figures show the jobs market was slow to pick up in January compared with a year ago, which the Australian Bureau of Statistics partly blames on Omicron.

breaking_news economy, business and finance politics

Wages perk up as worker demand grows

There are signs that wages growth is picking up, with economists at the nation's biggest bank predicting an annual rate of three per cent by mid-year.

breaking_news business (general) economy, business and finance politics state budget and tax

Vic hardest place to do business in Aust

Victorian businesses pay the highest tax in Australia, a nationwide survey of firms by the Victorian Chamber of Commerce has found.

agriculture economy, business and finance

Emissions targets costly for grain growers

A report by the CSIRO has found a reduction in grain farmers' emissions over the next decade could mean a decrease in production.

breaking_news economy, business and finance energy environmental politics politics

Climate wars are yet to be won: Turnbull

Malcolm Turnbull has warned voters are walking away because of federal government dysfunction on climate policy and says Labor's plan is politically sensible.

automotive equipment economy, business and finance energy

Fuel pump first for zero-emission hydrogen

Australia's first green hydrogen project has been certified as some governments look to drive alternative fuels and fleets.

economy, business and finance manufacturing and engineering politics

Aussie manufacturers join ‘smiley curve’

A COVID-19 breath test, smart food box and rocket fuel are among the advanced manufacturing projects winning federal funding to speed up commercial success.

economy, business and finance energy and resource politics

Forget coal and gas for prosperity: poll

Months out from a federal election, a poll shows voters in the resource-rich political hunting grounds of NSW and Queensland back renewables over coal and gas.

central bank economy, business and finance politics

Strong wage growth still key to rate rise

Reserve Bank governor Philip Lowe has again put stronger wages growth as a key element before raising the cash rate.

central bank economy, business and finance politics

Rate rise plausible later this year: Lowe

Reserve Bank governor Philip Lowe said a cash rate rise is "plausible" later this year but he is surprised by the multiple moves priced in financial markets.

economy, business and finance housing and urban planning

Demand for home loans picks up further

Demand for home loans grew by a stronger than expected 4.4 per cent in December, even as house prices grew at their fastest pace annually since 1989.

central bank economy, business and finance

RBA to stay patient before lifting rates

The Reserve Bank of Australia governor Philip Lowe says the central bank board is prepared to remain patient before lifting interest rates.