Crossbenchers call for more detail on climate policy
Carbon credits are no free ride and billions are being spent electrifying mine sites, industry figures have told a hearing on the government's climate policy.
financial markets
Bailout backed to recoup crypto millions
Cryptocurrency firm Digital Surge will survive as creditors vote for a bailout after hours of questions put to administrators by some of the 30,000 investors.
Big emitters get help to manage emissions
New compensation will go to big emitters under a revamped scheme designed to support heavy industry to cut pollution more quickly while remaining profitable.
Aussies stung for millions in crypto crash
The FTX collapse wiped many crypto wallets and took out smaller exchanges, but administrators for Aussie platform Digital Surge are working on a rescue plan.
Risk Optus breach can weaken banks: RBA
The Reserve Bank of Australia is warning that large-scale data breaches and cyberattacks could destabilise financial institutions.
agriculture
economy, business and finance
energy
environmental politics
financial markets
forestry and timber
metal and mineral
mining
politics
transport
waste management and pollution control
Emissions shift may reduce taxpayer burden
An array of mechanisms are in play to cut emissions, with new laws simply setting a framework for detailed climate response tools that are yet to be argued out.
Meltdown worsens with 1.8pct drop for ASX
The ASX has dropped to a 19-month low after its sixth straight losing session and worst weekly performance since March 2020.
ASX falls 3.6pct to close at 16-month low
The local share market has suffered its worst losses since 1 May 2020, and is now down 7.3 per cent in June.
Carbon-sucking mud lures climate investors
Blue carbon projects could provide a win for Traditional Owners, biodiversity and corporates who need to satisfy climate-savvy customers and offset emissions.
agriculture
economy, business and finance
energy
environmental politics
financial markets
forestry and timber
politics
Call for carbon emissions to peak by 2025
Australia's carbon emissions need to peak during the next parliament to achieve net zero by 2050, but there's no expectation the major parties will change tack.
ASX falls1.7 pct with retailers slammed
The Australian stock market has fallen sharply, with major retailers hitting multi-year lows on fears of rising fuel and freight costs.
Nasdaq ends sharply lower on Fed news
Technology companies have led stocks lower on Wall Street as investors weighed the implications of higher interest rates.
Stocks march towards record highs
Traders are waiting to see if Europe's top central banks, the ECB and Bank of England, match the US Federal Reserve's upbeat message and cut stimulus.
Wall St higher, Fed to end bond purchases
The US Fed will end pandemic-era bond purchases as it exits from policies enacted at the start of the health crisis. Wall Street reacted to end sharply higher.
Wall St down on inflation, virus concerns
With expectations solidifying that the US Federal Reserve will this week announce a faster wind-down of asset purchases, Wall Street has ended lower.
European shares gain despite Omicron fears
European shares have risen as investors looked beyond the spread of the Omicron coronavirus variant.
Asia stocks dip amid Omicron, Fed decision
Investors on edge ahead of a slew of central bank decisions this week are also being rattled by the spread of Omicron, leading Asian stocks and oil prices down.