Cost of diesel stubbornly high as war ratchets up price
The consumer watchdog has blamed the cost of diesel remaining significantly higher than the cost of regular petrol partly on Russia's invasion of Ukraine.
The consumer watchdog has blamed the cost of diesel remaining significantly higher than the cost of regular petrol partly on Russia's invasion of Ukraine.
The of TikTok has faced tough questions at a US congressional hearing over concerns about data security and harmful content on the app.
Private sector activity is softening as rising interest rates, high inflation and softer economic conditions erode demand.
The treasurer has outlined eight areas of "heavy lifting" for the budget, including responsible cost of living relief and funding defence priorities.
The Greens and key crossbenchers are not convinced the Albanese government's social housing fund will do enough to ease Australia's worsening housing crisis.
The US central bank have raised the country's key interest rate by 25 basis points to 4.75-5.00 per cent range.
Leading indicators for Australia's future growth are still signalling depressed activity in coming months as interest rate rises bite.
The minutes from the central bank's board meeting suggest the bank is getting closer to a pause so it can assess the full impact of sharp interest rate hikes.
A senior Reserve Bank official says the prevalence of fixed-rate loans and sizeable savings buffers are likely extending the lag time of interest rate hikes.
UBS will pay $A4.8 billion for 167-year-old Credit Suisse in a deal backed by a massive Swiss guarantee and expected to close by the end of the year.
Further insights into the March cash rate hike in the minutes from the Reserve Bank board meeting dominate the economic discourse this week.
The OECD has slightly downgraded its forecasts for Australia's growth in its latest look at how the global economy is faring.
As the government works its way through a 1000-page report on productivity, debate has been sparked over home sellers disclosing climate risk.
Climate technology is surviving the venture capital downturn as more consumers and businesses think about what will shrink their carbon footprint.
Climate policy, the migration system, workplace laws and health and education systems have been earmarked for reform under a review of Australia's productivity.
economy, business and finance
electricity production and distribution
energy (general)
energy and resource
energy saving
politics (general)
renewable energy
Queensland's energy minister has hosed down concerns about a "sun tax" on homeowners for feeding solar power back to the grid, as has been proposed in NSW.
The ASX has finished 1.5 per cent lower after banking contagion spread to Europe.
Treasurer Jim Chalmers says Australia is slipping down global productivity rankings - and there's no easy fix for the problem.
Latitude Financial has been hit by a cyber attack, with criminals stealing 330,000 customer records and identification documents, forcing a trading halt.
The energy market operator has warned of risks to gas supply this winter but is armed with new powers over producers as the energy crisis enters a second year.
Fresh labour market data shows few signs of a slowing jobs market, with one vacant position for every unemployed worker.
The combined impact of high inflation, rising interest rates and slowing consumer demand are taking a toll on Australian businesses, especially smaller ones.
Advocates have called for federal reforms to protect worker payments following the collapse of prominent construction companies.
economy, business and finance
energy and resource
environmental issue
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
Woodside Energy's board is failing shareholders on climate change and three directors up for re-election should pay the price, activist shareholders say.
Business conditions remain firmly in positive territory despite successive interest rate rises, although sentiment in the community has dived.
Australians could cut their household bills by 75 per cent using an electric car now and even more with future technology, a Sydney innovation summit will hear.
President Joe Biden says the public confidence the US banking system is safe, but global banking
US officials have moved to stem the fallout from the failure of start-up-focused Silicon Valley Bank, saying all customers will have access to their deposits.
Several ASX-listed tech firms had what one called "a difficult few days" after the collapse of a US bank left their funds in limbo.
economy, business and finance
energy
energy and resource
environmental issue
metal and mineral
mining
politics
Going toe-to-toe with the United States on green hydrogen may be "ridiculous", but chemical plants at mines for local supply may be viable despite challenges.
Electrifying everything is an unnecessary hit on taxpayers because conventional LPG will be phased out and replaced by a clean version, the industry says.