No bailout for Bonza as more than 300 staff stood down
Passengers and more than 300 staff are in limbo after administrators grounded Bonza's planes, with the government rejecting a bailout for the penniless airline.
economy, business and finance
economy, business and finance
homelessness
house building
housing and urban planning
politics
real estate
Supply shortfalls set to exacerbate housing crisis
Housing affordability has worsened in Australia and could be set to deteriorate further but there is no easy fix on the horizon.
Global body warns Australia on interest rates, NDIS
Services inflation, the Chinese economy and household consumption are sources of uncertainty hanging over the OECD's economic growth forecasts for Australia.
company information
economy, business and finance
electricity production and distribution
energy and resource
environmental issue
indigenous people
metal and mineral
mining
Rio Tinto faces ‘biggest test’ since Juukan Gorge
Rio Tinto is on the hook for water use and what has been described as the biggest test of its reputation since the destruction of ancient Juukan Gorge shelters.
Man arrested after club visitor data exposed in breach
About one million personal records have been accessed from registered clubs and published to a website as experts say the breach could have been avoided.
Woolies CEO says customers struggling to make ends meet
Customer shopping patterns have shifted since the start of the year as rents rise and Australians seek savings, Woolworths chief executive Brad Banducci says.
abusive behaviour
banking
children
computing and information technology
consumers
economy, business and finance
human rights
insurance
investments
politics
professional - women general
science (general)
technology (general)
Commissioner warns of ‘tech wreck’ from unchecked abuse
As Australia races to retrofit laws for generative artificial intelligence, the nation's eSafety commissioner says investigators face real-life harms every day.
Rivals offer parachute for Bonza staff after collapse
Australia's major airlines have thrown Bonza workers a lifeline after their employer collapsed into voluntary administration.
Jobseeker cash rise quashed but other help on the cards
Treasurer Jim Chalmers says he will look for other ways to help people doing it tough rather than raising income support payments.
Home values defy gravity for 15th month
The housing market continues to defy gravity and trend higher even as interest rates remain elevated and affordability is stretched.
coal
company information
economy, business and finance
electricity production and distribution
natural gas
politics
Origin Energy LNG revenue soars, Eraring’s future open
Origin Energy's revenue from liquefied natural gas on higher volumes and prices surged in the March quarter, as talks continue over keeping Eraring burning.
Bonza calls in administrators as passengers hit hotline
Budget airline Bonza has entered voluntary administration after flights were suspended and the Australian government created a hotline for customers.
Retailers feel pinch as shoppers stay home, spend less
The high cost of essentials such as health, education and housing are squeezing household budgets and leading to weak discretionary spending.
Coles credits Pokemon with lifting supermarket sales
Coles has recorded a 5.1 per cent rise in supermarket sales over the past three months, a boost it attributed in part to a popular collectibles campaign.
Spending habits under a microscope ahead of budget
Higher interest rates, cost of living pressures and an increasing tax burden have kept a lid on Australian consumer spending and left retail sales weak.
Renting families, overseas students not in competition
Rentals are in short supply and prices are rising fast but there's more to the story than international students, the Student Accommodation Council says.
BHP’s $60b copper power play rejected by British rival
BHP has had a $60 billion bet on "future-facing commodities" rejected by rival Anglo American, which said the iron ore giant's takeover bid was opportunistic.
Borrowers warned not to count on 2024 rates relief
Hotter-than-expected inflation data has likely pushed back the start date for interest rate cuts, a move that will keep pressure on mortgage holder budgets.
Woodside shareholders reject climate plan
Woodside Energy shareholders have re-elected chairman Richard Goyder but rejected the company's climate plan in a raucous four-hour meeting.
Slow progress on inflation tempers interest rate hopes
Australia's annual inflation rate has sunk to a two-year low but is slightly above expectations, which might lengthen the wait time for rate cuts.
Housing crisis to ‘get worse before it gets better’
Tax reform, building more public housing, and lifting social support payments have all been floated as pieces of the housing affordability puzzle.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
natural gas
politics
Cheaper renewable energy driving electricity costs down
Renewable energy generation is lifting its overall share of a growing national electricity market and pushing wholesale prices down, according to official data.
More cost of living relief on cards in federal budget
Ahead of the May federal budget, Treasurer Jim Chalmers has flagged more cost of living relief that will need to take pressure off inflation, not add to it.
Consumer price data to set scene for May rates call
The cost of living pressures plaguing households have been subsiding and fresh data released this week will hopefully reveal further softening.
South Australia tops economic leaderboard again
South Australia is the top-performing state economy for the second quarter running although Western Australia could overtake it in coming months.
Global tensions, China slowdown casts budget shadow
The threat of escalating conflict in the Middle East has cast further uncertainty over Australia's pre-budget economic outlook, the treasurer has warned.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
metal and mineral
mining
politics
BHP’s energy coal fires up, axe swings over nickel jobs
Thousands of workers face uncertainty as BHP considers the fate of nickel operations amid a global glut of the metal, but coal for power plants is firing up.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
natural gas
politics
Extreme weather sparks higher wholesale energy prices
Some of the most extreme weather Australia has ever seen is proving to be the "X-factor" for power bills as wholesale energy prices rise.
Jobs market holds ground despite rise in unemployment
The official jobs data was more subdued in March as widely expected following a surprisingly strong February result.
Aussie mining ‘under assault’ from China: US ambassador
Ambassador Caroline Kennedy has taken aim at China's "unchecked exploitation" of Indonesia and other nations that risks destroying the supply of clean minerals.
Budget clouded by global wars and weak economic growth
Treasurer Jim Chalmers will use talks in Washington to take the temperature of the global economy as he puts the finishing touches on his third federal budget.