Premier threatens to name and shame energy retailers
Cost-of-living rhetoric is ramping up ahead of a state budget as leaders deliver warnings to energy companies.
Cost-of-living rhetoric is ramping up ahead of a state budget as leaders deliver warnings to energy companies.
Stagnant productivity means households face higher inflation and lower living standards but the treasurer hopes cheaper housing will ward off voter discontent.
Poor productivity is bedevilling the Australian economy, with levels heading in the wrong direction for Treasurer Jim Chalmers.
A visiting leader's remark that taxing capital gains would be "disastrous" has been brushed aside by Labor figures who deny it was a dig at its big reforms.
Australia is not experiencing stagflation but higher interest rates will help cool the economy and inflation, the nation's top bank official says.
As Israel and Lebanon agree to implement a new ceasefire, President Donald Trump has suggested progress on a broader deal to halt the Iran war could come soon.
consumer confidence
consumers
economy (general)
economy, business and finance
investments
personal income
A fourth Reserve Bank rate hike is still on the cards for 2026, despite a slowdown in economic growth, falling productivity and high labour costs.
building material
construction and property
economy (general)
economy, business and finance
heavy construction
house building
housing and urban planning
The number of new homes being approved fell once again during April, and the Reserve Bank is being blamed for the downturn.
Future generations will be left with a "multibillion-dollar debt bomb" if the coalition repeals proposed tax changes, the treasurer warns.
business (general)
consumer confidence
consumer goods
economy (general)
economy, business and finance
retail
trade policy
unrest, conflicts and war
Australia's retail sector faces a pincer attack as the war in the Middle East increases costs and pushes consumers to the brink.
Pauline Hanson's party could become the official opposition, but she has poured cold water on any policy compromise in a coalition deal.
crisis
economy (general)
energy and resource
peace negotiations
politics
unrest, conflicts and war
waterway and maritime transport
Mediators are trying to speed up US-Iran peace talks as Tehran weighs a response from Washington and President Donald Trump says he's willing to resume attacks.
Critics of the government's capital gains tax changes are being accused by the treasurer of overstating how much extra tax small businesses will have to pay.
The government will do well to resist spending a "tantalising" budget windfall, as boosting demand while supply is constrained could result in more rate hikes.
Jim Chalmers hopes slashing red tape and winding back investor tax breaks will convince voters the dream of home ownership is still alive.
Lenders must watch out for customers because the corporate regulator won't take a backward step as households face hardship, the outgoing ASIC chair will warn.
Pakistani mediators believe they're getting close to an agreement between the US with Iran on a one-page memorandum of understanding to end the Middle East war.
The US is trying to force open the Strait of Hormuz while the UAE has come under attack by Iran in a test of a ceasefire with no sign of a peace deal.
central bank
economy (general)
economy, business and finance
inflation and deflation
interest rate
politics
prices
Traders and economists expect the central bank to raise interest rates for a third straight meeting but high uncertainty could result in another split decision.
Efforts to end the Iran war remain stuck as Tehran braces for US strikes and a Gulf ally of Washington warns against believing Iran over the Strait of Hormuz.
budgets and budgeting
construction and property
economy (general)
housing and urban planning
lifestyle (house and home)
mortgages
politics
real estate
Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.
Tehran is warning Washington it faces a lengthy conflict if it attacks again, following reports the US has planned a "short and powerful" wave of strikes.
Days of impasse over efforts to end the Iran war have spurred US President Donald Trump to make fresh demands on Tehran or face an extended blockade.
crisis
economy (general)
energy and resource
peace negotiations
politics
unrest, conflicts and war
waterway and maritime transport
The Iran war is no closer to being resolved, with Tehran's proposal of leaving nuclear talks until later not going down well with US President Donald Trump.
President Donald Trump is sending his special negotiators to Pakistan to revive ceasefire talks with Iran, but Tehran's officials don't intend to meet them.
crisis
diplomacy
economy (general)
energy and resource
peace negotiations
unrest, conflicts and war
waterway and maritime transport
Washington has helped broker an extended ceasefire between Israel and Hezbollah but President Donald Trump says he won't be rushed into making a deal with Iran.
Iran has fired on three ships and seized two of them as it denies agreeing to President Donald Trump's ceasefire extension and slams a continued US blockade.
Traders will be hoping US President Donald Trump strikes a permanent deal with Iran to keep the Strait of Hormuz open as the clock ticks on a fragile ceasefire.
breaking_news
crisis
economy (general)
energy and resource
peace negotiations
unrest, conflicts and war
waterway and maritime transport
Iran's foreign minister says the Strait of Hormuz is declared open for all commercial vessels for the remainder of a 10-day truce between Israel and Hezbollah.
The US and Iran feel good about resuming talks to end the Middle East war, but differences remain over Iran's nuclear program.
auto trends
consumer goods
consumers
diesel fuel
economy (general)
environmental issue
environmental politics
report
research
sales
transport
Australians are considering electric cars as fuel prices rise, with potential buyers fuelled by the possibility of saving money rather than the environment.