ASX suffers worst week since October 2020
The local share market has closed at its lowest level in 14 months following three sharp declines in the past four days.
national news
Australia to update UN climate submission
Anthony Albanese says Australia will update its nationally determined contribution to the United Nations Framework Convention on Climate Change.
Lynette Dawson seen alive, court told
A court has heard that Lynette Dawson was spotted on two separate occasions after the Sydney woman was allegedly murdered by her husband.
Aust at halfway mark for fourth COVID shot
About 52 per cent of Australians aged 65 and over have received their fourth COVID-19 vaccine dose.
Firms face ‘cost of doing business’ crisis
Small businesses are feeling the pinch from rising energy costs, with confidence dropping during the past six months, particularly among young business owners.
Dutton, Labor duel over submarines plan
Peter Dutton has questioned Labor's commitment to the new submarine deal and the AUKUS trilateral security pact, attracting pushback from the government.
Four years on, the Biloela family is home
The Nadesalingam family are back in Biloela after spending four years in immigration detention, with emotional supporters welcoming them home.
PM change a chance at trans-Tasman ‘reset’
Jacinda Ardern says the arrival of Anthony Albanese is an opportunity to reset relationships between New Zealand and Australia.
Ukraine envoy seeks Australian free trade
Ukrainian ambassador to Australia Vasyl Myroshnychenko has called for a free trade agreement to help bolster investment and development in the war-torn country.
Mirvac sues to evict Travelodge lessee
Mirvac is suing the lessee of 10 Travelodge hotels in the NSW Supreme Court, seeking an eviction prior to a scheduled sale of the properties.
ASX falls 1.4pct with big losses for banks
It's been another brutal day for Australia's banks and non-bank mortgage lenders, with the financial sector on track for its worst week since March 2020.
New home sales declined in May: report
The Housing Industry Association said new home sales fell by 5.5 per cent in May and further declines are expected as rising interest rates take hold.
COVID-19 boosters for some Aussie children
Severely immunocompromised and disabled Australian children will be eligible for a third COVID-19 vaccine dose from next week after new advice was adopted.
Wind, solar to power Rio Tinto aluminium
New wind and solar farms will be used to power Rio Tinto's aluminium assets in the Gladstone region, as the mining giant looks to halve emissions by 2030.
Plan to secure nuclear submarines faster
Opposition Leader Peter Dutton says Defence was planning before the election to fast-track the purchase of two US nuclear submarines to fill a capability gap.
War, pandemic behind phosphorous loss
Phosphorous, one of the world's essential resources in producing food, is under threat due to the pandemic and the war in Ukraine disrupting global supplies.
JC threatened Lynette Dawson, court told
Family babysitter JC threatened Lynette Dawson and stood to benefit the most if she was killed, the murder trial against her husband Christopher has been told.
Cabinet backs in energy market changes
Federal cabinet has endorsed a range of gas market measures to back decisions made by Australia's energy ministers on Wednesday.
Lettuce prices expected to ease soon
A major lettuce producer says the cost of the leafy vegetable should ease soon, although consumers are being warned that produce prices will remain high.
Energy, miners lift ASX but big banks drag
The Australian share market has finished 0.36 per cent higher amid gains for oil producers and coalminers, while the big banks posted losses.
New ag minister outlines top priorities
Senator Murray Watt has given his first major address as federal agriculture minister outlining labour shortage, biosecurity and high input costs as priorities.
Fintechs Swyftx, Superhero in $1.5b merger
Brisbane-based crypto exchange Swyftx and Sydney-based low-cost share brokerage Superhero have agreed to merge into a single "superapp".
Chris Dawson is not a killer, court told
Chris Dawson was incapable of killing his wife Lynette, his sister-in-law has said in testimony during his ongoing murder trial in Sydney.
Stoush over carbon credit ‘fraud’ heats up
A whistleblower is doubling down on criticism of carbon credits as a "fraud" on the environment and taxpayers, despite a review rejecting his accusations.
The rising cos of living: Why lettuces are so expensive
Lettuce prices are skyrocketing. Twitter users are posting photos of iceberg lettuces for A$10 and $11.99, well above the more usual $2.80.
High Court rules terrorism laws invalid
The High Court has found laws allowing terrorism-convicted dual nationals to be stripped of their Australian citizenship are unconstitutional.
Corruption watchdog to probe grants
Attorney-General Mark Dreyfus says the national integrity commission should have scope to probe pork barrelling.
Chalmers does not see risk of recession
Treasurer Jim Chalmers says he is not worried about the Australian economy going into recession, but he acknowledges inflation poses a major challenge.
Tamil family touches down in Queensland
A family of Tamil asylum seekers have arrived in Queensland on their way to new hometown Biloela, arriving from Perth after release from immigration detention.
COVID-19 hit mental health and hip pockets
Prolonged lockdowns during the height of the COVID-19 pandemic led many Australians to seek mental health support for the first time.
Edict for gas storage amid energy crisis
Energy Minister Chris Bowen has instructed the Australian Energy Market Operator to procure and store gas to help avoid future energy crises.