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Qantas is preparing to slash dozens of head office jobs amid the airline’s major leadership shakeup.

BUSINESSCommentsPremiumQantas roles face axe in leadership shake-up

Qantas is preparing to slash dozens of head office jobs amid the airline’s major leadership shake-up.

Blake Antrobus, Emma Kirk

Eight of 11 sectors finished in the green on Thursday. NewsWire / Gaye Gerard

MARKETS WRAPPremiumOil prices push ASX to record intraday high

Overnight rumblings of the US invading Iran have lifted oil prices and nudged the ASX to a record intraday high.

Blair Jackson

average Pilbara iron ore sale prices fell 8 per cent in 2025. NewsWire / POOL / ABC

FINANCEPremiumRio Tinto profits dip to $14bn

Profits at mining giant Rio Tinto have fallen 14 per cent for 2025.

Blair Jackson

Peet's Flagstone City project in Queensland.

PropertyPremiumPeet rewrites forecasts after doubled profit

The residential developer has reported a doubled net profit of $52.1m for the December half-year on better margins and a 48 per cent surge in settlements to 1496.

Sean Smith

Joblessness has ticked up in the first month of 2026 NewsWire / Nicholas Eagar

UPDATEDPremiumShock jobs figure defies predictions

The first batch of job figures for 2026 have gone against economists’ expectations.

Joseph Olbrycht-Palmer

The tight jobs market has been a key reason many economists expect the Reserve Bank may need to increase interest rates again this year.

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New jobs data does little to keep another rate hike at bay

A thumping jobs result will help WA retain its status as Australia’s economic powerhouse but the national labour market still looks too hot for the Reserve Bank.

Matt Mckenzie

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UPDATEDPremiumKmart makes huge call on Black Friday

Wesfarmers has posted a $1.6bn half-year profit, but one of its companies Kmart has revealed its unusual approach to Black Friday sales.

Joanne Williamson and Blair Jackson

Public sector pay is ‘going bananas’ in WA with wages soaring 7 per cent through 2025, the fastest pace in more than a quarter of a century.

EconomyCommentsPremium‘Going bananas’: ABS confirms WA government wages surging

Public sector pay is ‘going bananas’ in WA with wages soaring 7 per cent through 2025, the fastest pace in more than a quarter of a century.

Matt Mckenzie

Australian wages are going backwards.

EconomyCommentsPremiumPay levels lag behind inflation for first time in two years

Australian workers have seen their pay levels go backwards compared with inflation for the first time since late 2023, calling into question Labor’s election promise to get wages moving again.

Stephen Johnson

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FINANCE‘What is necessary’: RBA’s grim rate warning

More rate hikes may be coming as the Reserve Bank warns it remains committed to bringing down rising inflation.

Joanne Williamson

Reserve Bank governor Michele Bullock.

RBACommentsPremiumRBA flags more rate rises as high inflation lingers

The Reserve Bank of Australia has hinted another rate rise this year was likely, with the minutes of its February meeting revealing board members are concerned about inflation remaining high into 2027.

Stephen Johnson

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FINANCEPremiumAlbo’s big call on huge tax question

The Prime Minister has been grilled on whether a major tax concession could be cut to address housing affordability ahead of the May budget.

Ria Pandey

Gains in the tech sector pulled the ASX into a positive close on Monday. NewsWire / Gaye Gerard

financePremiumASX tech stocks bounce back

Australian tech stocks have recovered some losses brought on by AI fears and sell-offs on Wall Street.

Blair Jackson

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POLITICSPremium‘Bold’: Jim’s big call on major report

Jim Chalmers is declaring a major report on Australia’s economy a win for Labor despite warnings about inflation and state debt challenges.

Joseph Olbrycht-Palmer

Mr Taylor was treasury spokesman in a Peter Dutton-led opposition. NewsWire / Martin Ollman

POLITICSPremium‘Nonsense’: Fury after brutal Chalmers swipe

New Deputy Liberal leader Jane Hume has hit out at Treasurer Jim Chalmers after he savagely attacked the opposition’s economic credibility.

Ria Pandey

Wage data for the final quarter of 2025 is expected to reveal growth at 3.4 per cent year-on-year. (Dean Lewins/AAP PHOTOS)

EconomyCommentsPremiumRBA offers more rates call insight before jobs data

Critical unemployment figures will give Australia's central bank a clearer picture on whether it will deliver a second interest rate hike in as many months.

Andrew Browmn

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PoliticsPremiumUpdate on multi-billion dollar trade deal

Trade Minister Don Farrell has returned from Brussels without securing Australia’s free trade deal with Europe, but he remains positive.

Joanne Williamson and Joseph Olbrycht-Palmer

Selling an investment property after retirement can be a great strategy to boost your spending money, but there are some risks. NewsWire / Max Mason-Hubers

financePremiumBig trap in mum and dad housing gift

As the housing market becomes increasingly unaffordable, some parents are considering giving the gift of a lifetime - but there are major risks.

Angie Raphael

Nine of 11 sectors on the ASX closed down on Friday. Photo: NewsWire/ Gaye Gerard

NewsPremiumASX tech sector plunges 5.1pc amid AI sell-off

AI fears from Wall Street have hammered Australian tech stocks and dragged the sharemarket down 1.39 per cent.

Blair Jackson

Westpac follows peers ANZ and Commonwealth Bank of Australia with results this reporting season. 

BankingCommentsPremiumWestpac profit climbs on home loans as margins squeezed

Westpac’s first-quarter profit advanced amid gains in home loans and strong growth in institutional lending.

Adam Haigh

Four of 11 sectors on the ASX finished in the green on Thursday. NewsWire / Nikki Short

NewsPremium‘Minefield’ day on ASX

A minefield of results this reporting season has slugged tech and healthcare stocks with large losses on Thursday.

Blair Jackson

Sarah Hunter

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RBACommentsPremium
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Hunters have the upper hand in WA jobs market

The struggle to find a tradie in WA is a symptom of a “tight” jobs market that will make fighting inflation harder, Reserve Bank assistant boss Sarah Hunter has said.

Matt Mckenzie

Barbeques Galore has entered voluntary administration. Supplied

UPDATEDPremiumBarbeques Galore collapse rocks Australia

Australia’s largest barbecue and outdoor furniture retailer has gone bust, entering voluntary administration on Thursday.

Blair Jackson

Nuno Matos, CEO of ANZ.

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ANZ Bank’s profit jumps on cost cuts and rising revenues

ANZ Bank’s chief executive said his transformation plan is on track and this morning touted its first quarter results as proof.

Tom Richardson