Inflation lying in wait to strike another rate blow
Despite a fall in headline inflation, a larger-than-expected rise in the underlying figure leaves the door open to more Reserve Bank rate hikes.
finance (general)
energy and resource
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finance (general)
nuclear policy
peace negotiations
unrest, conflicts and war
waterway and maritime transport
Iran sanctions waived, Trump will ‘do what I have to’
While JD Vance is touting progress in negotiations with Iran, Donald Trump has declared he "will do what I have to do" if Iran doesn't stick to the agreement.
Casino slapped with $10m fine over gambling breaches
The Star casino has been hit with another round of massive fines for regulatory breaches, including allowing players to gamble well beyond legal time limits.
breaking_news
business (general)
consumer goods
consumers
economy, business and finance
finance (general)
inflation and deflation
interest rate
personal finance
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prices
statistic
Falling fuel prices bolster hopes for RBA rate reprieve
A cut in the fuel excise caused annual headline inflation to fall, but the underlying impulse for price pressures is still gathering steam.
Auditor casts eye over ‘devious’ 40-year lottery deal
An independent auditor is probing whether a state government ran a competitive process before handing out a 40-year lottery deal after "exclusive" negotiations.
Global glut hits grain handler as farmers hold back
A leading Australian agribusiness has made a relatively small net profit in the first-half of its financial year, down 92 per cent from a year ago.
Australia will avoid recession, despite global jitters
One of the big four banks has delivered encouraging news about Australia's chances of avoiding a recession, which could still emerge in the global economy.
Fuel, fertiliser shortages could deliver barren harvest
After a record-breaking year, agricultural businesses may need to change their approach to succeed amid worldwide supply issues.
Shock jock claims ‘irreparable harm’ in contract fight
Controversial radio host Kyle Sandilands claims his termination by his former employer was invalid and is causing irreversible harm that worsens every day.
RBA ready to shift up a gear as the neutral rate rises
The Iran war will hurt consumers by pushing up prices and slowing the economy but the Reserve Bank must act to contain inflation expectations, an official says.
breaking_news
business (general)
consumer goods
consumers
economy, business and finance
finance (general)
inflation and deflation
personal finance
politics
prices
statistic
Calm before storm: RBA braces for spikes and hikes
The economy is expected to be hit with a savage inflation spike which will in turn increase the chances of more interest rate hikes.
Qantas customers claim $105m compo over COVID credits
A $105 million pot could be shared among hundreds of thousands of Qantas customers after the carrier settled a class action over COVID-19 flight credits.
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.
computing and information technology
consumers
economy, business and finance
finance (general)
financial and business service
internet
quarterly or semiannual financial statement
technology (general)
Aussies ditch copper for fibre to boost download speeds
More Australians are upgrading their broadband connections, choosing faster plans and setting download records, NBN Co has revealed.
‘Didn’t have the skills’: biotech boss retires abruptly
A desire for new leadership has been cited as a reason for the sudden retirement of the head of an $89 billion biopharmaceutical company.
auto trends
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consumer goods
consumers
economy (general)
environmental issue
environmental pollution
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road transport
transport
Petrol, diesel cars slow while hybrids, EVs speed up
Australians are buying fewer cars that use fossil fuels alone as they shift allegiance to low-emission hybrid and electric models.
Debt group sees upside in higher credit card balances
Debt collection business Credit Corp, which also owns lender Wallet Wizard, expects its profit to grow by up to 17 per cent as cost-of-living pressures bite.
Nine kills radio star, switching stations for hard ads
An Australian media giant is offloading some of the nation's biggest radio stations to fund a buyout of an outdoor advertising group.
‘Struggling in silence’: Aussies’ shame driving up debt
Nearly half the nation started the new year in debt, but research shows countless Australians are unwilling to discuss their finances, even with loved ones.
Asset giant to buy popular Australian holiday island
An iconic Australian holiday island is being sold by its family owners to a US private equity giant with reports putting the price tag north of $1 billion.
Kyiv welcomes EU loan despite no deal on Russian assets
The EU will lend Ukraine $160 billion to help it continue fighting, a move welcomed by Kyiv even though it wanted the money to come from frozen Russian assets.
Embryo bungle earns IVF giant new licence conditions
A state watchdog has slapped a major IVF clinic with conditions for it to continue operating, after a patient was mistakenly implanted with her own embryo.
Customer dies after triple-zero fails on mobile phone
The embattled telco industry remains in the spotlight after a customer died when their phone could not make triple-zero calls.
Food delivery service set to cease after Menulog off
It once thrived under a "Did Somebody Say" campaign but the celebrity driven catch-cry hasn't saved food delivery service Menulog from closure.
Media giant wants compo if gambling ads are punted
Nine Entertainment wants compensation from the government if a national ban is slapped on gambling ads and says regulations must extend to tech companies.
Optus backs outage acts after keeping officials in dark
Optus leaders took nearly 18 hours to tell authorities deaths had been linked to a triple-zero outage, but they say the company followed the law.
ANZ cops billion-dollar profit hit amid job cut plans
ANZ's plan to offload thousands of staff has contributed to a more than $1 billion hit to its profit, with hefty fines from the regulator also having an impact.
Protests and price drops: mining giant faces challenges
Protesters have disrupted a meeting held by one of Australia's largest coal mining companies but bigger challenges could come from global price fluctuations.
‘For the birds’: doubt ageing coal plants can go longer
Coal stations are reaching their end of-life and need to be retired, the Climate Change Authority chair says, regardless of moves to keep them running longer.
Controversial gas project extension sparks legal action
Landmark legal challenges have been launched after the Commonwealth's controversial decision to green light a 40-year gas hub extension near ancient rock art.
Qantas leak could cost airline billions, increase scams
Qantas is facing heavy fines after data it held on about one in three frequent flyer members was leaked online, despite efforts to reduce its spread.