Westpac shares slip amid profit dip, volatile outlook
Westpac CEO Anthony Miller says Australia is well-positioned to weather storms in the world economy and he's looking forward to working with a Labor government.
Westpac CEO Anthony Miller says Australia is well-positioned to weather storms in the world economy and he's looking forward to working with a Labor government.
US employers have added a better-than-expected 177,000 jobs in April as the job market shows resilience.
Warren Buffett, 94, has shocked an arena full of his shareholders by announcing that he wants to retire at the end of the year
Mortgage-holders are poised to bank an interest rate cut within weeks despite the latest inflation reading coming in slightly higher than expected.
Australia is not following the "bouncing ball" of Donald Trump's daily shifts, the treasurer says, amid predictions of a bigger-than-expected economic hit.
Australia's jobs market is holding up better than expected, but the impact of Donald Trump-imposed tariffs is yet to play out across the globe.
A record-high 9.4 per cent of food service and hospitality businesses shut their doors in the year to March as cost pressures weighed heavily on households.
China will impose 84 per cent tariffs on US goods from Thursday, up from the 34 per cent previously announced.
As rate-cut bets see-saw, the Reserve Bank governor says Australia is well placed for overseas shocks in her first speech since Donald Trump's tariff thump.
Federal Treasurer Jim Chalmers says Australia is still well-placed to navigate the economic uncertainty generated by Donald Trump's wide-ranging tariffs.
Thousands of public servants are being promised no major change to employment agreements if the coalition is elected as Labor pledges to keep everything as is.
Australians are being urged not to panic about their retirement incomes after Donald Trump's trade war sent global markets into a tailspin.
As economic headwinds emerge after US-imposed tariffs, Anthony Albanese and Peter Dutton are vying to lay claim to being the best bet to deal with them.
Markets are betting the Reserve Bank will cut rates by 50 basis points at its next meeting as American tariffs batter the global economy.
After weeks of growing concern, President Donald Trump is set to announce his barrage of promised tariffs that could set the stage for a global trade war.
Rents remain at record highs in every capital city despite a slowdown in price growth, says a report that finds low supply leaves landlords with the upper hand.
Tackling housing instability is key to securing an election win, with Labor vouching for build-to-rent while the coalition says Australians should own a home.
The peak body for super funds has apologised after a financial watchdog report revealed delays were rife in paying out death benefits to bereaved families.
Whoever forms government after the election will need to deliver substantive reform to fix Australia's long-term productivity challenge, economists say.
Labor's election tax cuts will provide a "meaningful" boost to the economy, while the coalition's fuel excise cuts have been labelled economically "silly".
Home sellers notched a record profit in last three months of 2024 but not every property owner will be so lucky in the future, real estate researchers warn.
Bayer says it will appeal after a US jury ordered it to pay one of the largest legal settlements issued in an alleged Roundup weed killer-related cancer case.
Australia's federal budget is forecast to eclipse $1 trillion in debt for the first time in 2025/26, as global challenges threaten the nation's coffers.
Young income earners will be increasingly called upon to fund rising public spending unless structural tax reforms are made in the next term of government.
Opposition Leader Peter Dutton's budget reply has outlined an alternative vision to drive down energy costs and ease pressure on household budgets.
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.
President Donald Trump has signed into law legislation funding the government through to the end of September.
One state has gone backwards in the latest recommended GST revenue carve-up with billions of dollars flowing to another as its population booms.
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.
The threat of further energy bill increases of up to $200 annually following a regulator's decision has put the spotlight back on federal energy policy.
Three smartphone makers are launching cut-price versions of their flagship devices but experts say their biggest battle might be over AI features.