No bears: software firm shrugs off AI ‘apocalypse’ fear
Software group Technology One has shrugged off worries about its exposure to an industry apocalypse, with its boss arguing it can emerge stronger than ever.
economy, business and finance
Rates revelation: why RBA dissenter voted against hike
The lone Reserve Bank board member who voted against lifting the cash rate in May was less concerned about inflation expectations than the bank's economists.
‘No whammy’: businesses hit back at budget tax overhaul
Tax experts are urging the states to shield businesses from higher costs as they restructure their assets after Labor's controversial federal budget.
Proposed new airline could face squeeze from giants
Existing airlines won't roll over to make room for a proposed new competitor in their most profitable "Golden Triangle" routes, experts say.
Rex board accused of knowing big loss about to take off
The corporate watchdog has taken a regional airline's former directors to court over allegations they misled investors about financial performance.
Chinese interference claims spark forced miner sell-off
Six companies have been forced to sell their holdings in an Australian rare earths miner which has been the subject of boardroom tussles.
budgets and budgeting
construction and property
economic policy
economy, business and finance
housing and urban planning
politics
Budget brawl escalates over rival tax cut proposals
The government has conceded its budget is unlikely to win immediate support from voters as Labor and Liberals taking aim at each others' policies.
Fuel excise extension weighed as states look to supply
The prime minister has left the door open to more tax relief at the bowser as state governments attempt to shore up their own fuel supplies.
Extension on fuel excise relief kept in play by PM
Fuel excise relief appreciated by Australian motorists may not end in July, as the government promotes other tax cuts due to begin at the same time.
The adopted family members being dumped in hard times
Looking after a family is difficult in a financial crisis but animal welfare groups are concerned about the growing number of pets being banished altogether.
Bank plunge could spell end of an era for ASX investors
Big retail banks have driven returns on the ASX for years, but global asset manager VanEck believes they are overpriced and mid-caps offer better opportunities.
business (general)
consumers
crime, law and justice
economy, business and finance
food - consumer goods
retail
Shoppers could pay more after Coles misconduct ruling
Supermarket prices could stay higher for longer following a ruling that Coles misled its customers with non-genuine discounts, according to one retail expert.
Coalition’s bracket creep plan to cost tens of billions
The coalition's economic plan for Australia would hand back more money to workers by indexing tax rates to inflation at a cost of tens of billions of dollars.
Trump leaves Beijing with few wins, but praise for Xi
President Donald Trump has hailed his "incredible visit" to Beijing despite clinching major deals, while his hosts made their feelings known on Iran and Taiwan.
Taylor faces ‘strategic error’ in seizing on migration
Angus Taylor is set to face one of his biggest challenges as opposition leader when he hands down his budget reply amid a growing challenge from One Nation.
Unions ramp up minimum wage rise demands as costs soar
Low-paid workers should not go backwards because of Donald Trump's war, the peak union body says, as it calls for minimum wages to be raised to $26.45 an hour.
Global glut hits grain handler as farmers hold back
A leading Australian agribusiness has made a relatively small net profit in the first-half of its financial year, down 92 per cent from a year ago.
breaking_news
economy, business and finance
international (foreign) trade
international relations
military equipment
politics
tariff
trade agreements
unrest, conflicts and war
Mishandling Taiwan could spark conflict, Xi tells Trump
China's Xi Jinping has praised the progress of US trade talks but cautioned President Donald Trump that differences over Taiwan could result in confrontation.
Senate confirms Warsh as chair of the Federal Reserve
The Senate has confirmed Kevin Warsh as chairman of the Federal Reserve.
civil unrest
diplomacy
economy, business and finance
international (foreign) trade
military equipment
peace negotiations
politics
Iran war looms over Trump’s China visit
US President Donald Trump is expected to ask for China's help to resolve the costly and unpopular conflict with Iran, which he launched in late February.
Tax, migration and NDIS in coalition’s economic sights
Opposition Leader Angus Taylor has unveiled a raft of economic policies aimed at winning back voter support and countering the rise of One Nation.
budgets and budgeting
diesel fuel
economy, business and finance
environmental issue
environmental politics
politics
Green groups warn climate courage missing from budget
Budget announcements for green industry and nature protection fall short as climate costs mount and opportunities to extract more fossil fuel income go missed.
breaking_news
diplomacy
economy, business and finance
military equipment
peace negotiations
politics
tariff
trade dispute
war
Trump arrives in Beijing for talks with China’s Xi
US President Donald Trump has arrived in Beijing for talks with counterpart Xi Jinping that are set to cover the Middle East, trade and Taiwan.
Australians move to regions seeking affordable housing
Australians are leaving the cities for inland areas as growing house prices shift migration patterns, bringing positive and negative flow-on effects.
Labor tucks away $77b war chest for further tax cuts
A new $250 a year tax offset gives the government an option to return bracket creep directly to working Australians, Treasurer Jim Chalmers says.
budgets and budgeting
economic policy
economy, business and finance
inflation and deflation
interest rate
politics
Budget spending stokes fears of further rate rise pain
An extra $114 billion in federal government spending will be directed off-budget as the treasurer claims a "historically responsible" fiscal update.
Tax relief for workers and pain for investors in budget
Australians who earn a wage will get $250 in tax relief as part of Labor's budget, but investors and wealthy families could be left worse off.
Bleak outlook for national economy if Iran war drags on
Higher budget spending won't help the Reserve Bank, economists warn, as a prolonged war in the Middle East is forecast to push inflation above seven per cent.
Last-minute budget pitch to ‘level field’ for young
Labor has made a pre-budget pitch to young Australians on social media as the government shakes up the tax system to help more people buy homes.
Rail project axing pulls ‘economic rug’ from regions
The Nationals have urged the federal government not to scrap billions of dollars of funding for the inland rail project ahead of the federal budget.
Gas project model pours cold water on emissions goal
Modelling examining a $30 billion-plus offshore gas proposal has drawn conclusions on the likelihood of a major state reaching a 2050 emissions target.