New US tariffs come in at lower 10 per cent rate
President Donald Trump's temporary 10 per cent import levy has come into effect as he reacts to the US Supreme Court striking down his sweeping tariff regime.
economy, business and finance
‘Rise on the horizon’: inflation fuels rate hike fears
A small increase in underlying inflation has led to growing expectations the Reserve Bank will lift the cash rate in coming months.
Grocery giant hits 17-month high on ‘fantastic result’
Woolworths has delivered better-than-expected earnings while improving customer satisfaction scores, sending its shares soaring to a 17-month high.
WiseTech to axe 2000 staff as AI transition boots up
The era of manually written code is over, the boss of logistics technology group WiseTech Global says, as it becomes the latest company to flag AI job cuts.
‘Look at the divvy’: iron ore miner’s bumper payout
Iron ore miner Fortescue has raised its interim profit and will pay out 65 per cent of earnings to shareholders, as it continues to decarbonise its business.
Renewables growth energises spending as inflation rises
Capital expenditure has been rising fast in Australia as the treasurer warns stubborn inflation will mean savings are needed in the budget.
Qantas shares nosedive amid weak international demand
Qantas shares flew high in early trading but then faltered and plunged to a three-month low after Australia's biggest airline delivered mixed half-year results.
‘Down Down’: Coles shares shamed as sales growth slows
Coles' half-year earnings have disappointed the market, with shares in the supermarket giant falling to their lowest level since August.
Writing on the wall for letter delivery in Australia
Handwritten notes, Christmas cards and household bills are making way for algorithms and gig economies in a changing world of correspondence.
Warner Bros signs $US110 billion deal with Paramount
Warner Bros Discovery has agreed to a $A155 billion takeover deal by Paramount Skydance.
Israel strikes Iran again after killing supreme leader
The Middle East is in turmoil as Donald Trump issues a new warning to Tehran after Israeli and US strikes killed Iran's leader, prompting retaliatory attacks.
Trump furious after US Supreme Court upends his tariffs
A landmark US Supreme Court ruling has upended the leverage President Donald Trump and his trade envoys have wielded over foreign governments with tariffs.
Donald Trump to travel to China next month
US President Donald Trump will hold talks with his Chinese counterpart, Xi Jinping, late next month in China.
BBC to air Australian adult comedy
An Australian adult comedy based on a popular animated web series has been acquired by the BBC.
Russia hits Ukraine’s energy in major attack, Kyiv says
Russia has hit Ukraine's energy infrastructure with major missile and drone strikes, Kyiv says, killing at least one person and causing blackouts.
Asian economies weigh impact of fresh Trump tariff move
President Donald Trump has flagged raising temporary tariffs on almost all US imports from 10 per cent to 15 per cent.
Inflation to stay on hold in first data post rates hike
The first round of inflation data released after the Reserve Bank chose to lift interest rates will be handed down.
EU won’t accept US tariff increase, ‘a deal is a deal’
Washington cannot be allowed to simply hike tariffs on EU products, the European Commission says - "a deal is a deal".
Unmanned petrol stations fuelling higher earnings
Australia's leading fuel retailer has benefited from converting dozens of its petrol stations to unmanned sites in what could be a sign of things to come.
Slovakia halts electricity supplies to Ukraine
On the fourth anniversary of Russia's invasion of Ukraine, Slovakia has cut off electricity supplies to its war-torn neighbour.
Canada’s PM to travel to Australia to boost trade ties
Canada's Prime Minister Mark Carney is set to address the federal parliament during an upcoming visit to Canberra.
Coffee cups, truck laws leave shoppers with hefty bill
Different laws across Australian states are putting pressure on the retail sector, which wants legislative harmony between jurisdictions.
Trump warns against ‘playing games’ with US trade deals
Donald Trump is threatening to hit any countries prevaricating over recently-negotiated US trade deals with much higher duties under different trade laws.
Millions stuck at home as historic blizzard hits NYC
A historic blizzard has dumped up to 60cm of snow across the US northeast, forcing millions to stay inside as flights, transport, schools and businesses close.
One tax still off the table as treasurer weighs reform
The International Monetary Fund report is calling for a hike in the GST and other tax changes, while praising the handling of Australia's economy.
Aussies splash cash on tech but prices tipped to rise
Consumers are spending big on smartphones and games consoles despite a tight economy, JB Hi-Fi says, but the cost of some gadgets could rise.
‘Goliath won’: Santos fends off greenwashing lawsuit
The defeat of a climate suit against Santos has disappointed activists but opened the public's eyes to how the resources giant developed its net-zero targets.
‘Too high’: risk to economy forces RBA’s hand on rates
Minutes from the Reserve Bank's latest meeting reveal the thinking behind its call to lift interest rates for the first in more than two years.
BHP copper pivot steps up but iron ore headwinds remain
The world's biggest miner has broken operating records across multiple resources in the recent half as it continues to expand its exposure to a key base metal.
Baby store refits delivers ‘halo effect’ for retailer
Baby Bunting's nine revamped "stores of the future" are delivering the goods, helping the baby goods retailer grow overall same-store sales by 4.7 per cent.
AI digs deep into future of Australian farming sector
Farmers are rapidly adopting autonomous machinery and artificial intelligence to boost efficiency, although the industry needs stronger backing to truly thrive.