The competition watchdog has resisted calls for powers to break up major supermarkets in a report, while calling for more transparency to tackle price-gouging.
Fewer older Australians returned to work in February, driving a surprise fall in jobs and workforce participation but the labour market remains tight overall.
Australia's economy is tipped to grow faster in 2025 but US tariffs and trade wars could be enough to send marginal businesses to the wall.
Monarchists have slammed the central bank's decision not to include the King's portrait on the $5 note, saying the government is pushing to become a republic.
Australia's economic growth forecasts have been downgraded due to Donald Trump's trade war, keeping its most important financial leaders on their toes.
Treasurer Jim Chalmers has hosed down speculation of a major upgrade to forecast revenue and warned of "few surprises" on budget night.
The full impact of the destruction wrought by Cyclone Alfred is being assessed, with grocery and construction prices under pressure.
Australia has been warned against relying on Donald Trump as it continues to try to negotiate for an exemption from the US president's trade tariffs.
A First Nations-owned business is one of Australia's most celebrated producers of organic spirits, after a "rollercoaster" journey on the road to success.
The US has launched a series of airstrikes on Yemen's Iran-aligned Houthis after they resumed attacks on ships passing through the Red Sea and Arabian Sea.
Fears the US would continue to draw away from the West were unfounded at the G7 summit, as it joined allies in warning Russia to accept the proposed ceasefire.
A controversial GST carve-up will go ahead as a federal minister says his government will not overrule an independent body's recommended funding for states.
One state has gone backwards in the latest recommended GST revenue carve-up with billions of dollars flowing to another as its population booms.
Stocks have dropped again after Donald Trump threatened a 200 per cent wine tariff on the EU if it doesn't relent on plans to lift taxes on US whiskey.
Australians raiding their super balances for housing could boost home ownership but may result in a jump in prices, economists say.
There are signs the housing market in normalising five years after the COVID-19 pandemic sent home values soaring across Australia.
The Treasury Department reports the US deficit in February rose $US11 billion from the same month in 2024.
Canada and Europe have been quick to retaliate after President Donald Trump's metals tariffs came into effect.
AustralianSuper is the latest major super fund to face legal action for allegedly failing to pay out benefits to families of dead members in a timely manner.
President Donald Trump has increased tariffs on all steel and aluminium imports to 25 per cent, prompting criticism from allies retaliation from the EU.
As the economy looks set to be front and centre in the election campaign, one of the coalition's leading inflation claims has been called "a joke" by experts.
Australia's economic outlook is looking rosier as inflation continues to fall and following the first decline in interest rates in more than four years.
Former central banker Mark Carney has launched a scathing attack on Donald Trump after winning the race to succeed Justin Trudeau as Canada's prime minister.
Thousands of insurance claims have been made during ex-tropical cyclone Alfred's assault but its still early to estimate the total damage bill.
Australia's bottom line will be $11 billion better off, if the government releases a budget before the election, a leading economist predicts.
Donald Trump has postponed tariffs on many imports from Mexico and some from Canada for a month amid widespread fears of the economic fallout from a trade war.
Australia's wealth divide reached its worst level in more than two decades, after excluding a temporary narrowing during the COVID-19 pandemic.
Promising housing data and a return to growth in real household incomes augur well for the Australian economy in 2025.
President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for US automakers.
Australia has accelerated out of an economic slump after expanding by 1.3 per cent in 2024, leading to a rise in per capita growth - a proxy for prosperity.
President Donald Trump has launched a trade war against the US's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China.
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