The Transport Workers Union spent a massive sum crafting a proposal for Qantas to continue employing thousands of ground staff during the pandemic, a court has been told.
Adelaide Lang
The livelihoods of 55 people have evaporated after a 50-year-old construction company went bust with $20m in debt.
Emma Kirk
Australia’s surging mining giants pushed the ASX higher on the day the Reserve Bank left the cash rate unchanged.
Duncan Evans
Shocks to the construction market, population growth and more money on health are among the factors that have forced the Cook Government to come cap-in-hand to parliament for an additional $1.3 billion.
Jake Dietsch
A major outage rippled across Australia in the afternoon, with the country’s largest telco scrambling to deliver a fix.
Governor Michele Bullock says weaker iron ore prices and the impacts on the Chinese economy are key watchpoints as the RBA aims to tread carefully in pulling inflation back to target.
Adrian Lowe
The RBA governor gave few clues on when households could expect rate relief after keeping rates on hold for a third straight meeting.
Jack Quail
Australia’s biggest company has just made a big call on its ambitions and it could influence corporates everywhere.
The bulk of Australians are set for power bill relief but the Coalition says it’s not good enough, demanding an apology from the PM.
Blair Jackson and Ellen Ransley
Big business has warned of the ‘negative’ effects of a fresh push to break up the supermarket giants.
Ellen Ransley and Eleanor Campbell
India is unlikely to achieve the 8-10 per cent economic growth rates that China pulled off over the long term.
Bloomberg
With household borrowers desperately holding out for an easing in interest rates, traders on Monday trimmed their rate cut bets.
ANZ chief executive Shayne Elliott says rate cuts by the end of the year would be ‘optimistic’, pushing back on suggestions that they could occur quite quickly as consumers struggle with higher costs of living.
Ahead of the Reserve Bank’s second meeting for the year, the share market edged higher on Monday even as property stocks lost ground.
Australia’s consumer regulator is probing the quality and state of competition for the likes of Google and Bing search and considering whether to require users to choose their search engine.
The NSW premier has conceded there is no clear way for him to protest the state’s huge loss in the GST carve up, as he hit out at WA for becoming a “petro-state”.
Jessica Wang
The passage of Labor’s bolstered paid parental leave scheme will benefit about 180,000 Australian families, the government says.
Eleanor Campbell
China’s factory output and investment grew more strongly than expected at the start of the year, as Beijing targets an ambitious annual economic growth goal of around 5 per cent.
While politicians typically avoid ranking Australia’s international peers, one government minister has done exactly that.
Eleanor Campbell, Courtney Gould, Ellen Ransley and Jack Quail
WA’s powerhouse resources sector pumped a record $77 billion into the State economy last year and accounted for one-fifth of company tax paid across the entire country.
Josh Zimmerman
South Australia is moving to entrench wide-ranging protections for renters and prospective tenants struggling to lock down a place to stay.
HSBC chief economist Paul Bloxham is pushing against widespread suggestions that the Reserve Bank of Australia could cut rates and deliver relief to squeezed households as early as July.
Aged Care Minister Anika Wells said overseas issues were putting pressure on prices, causing Australia’s cost of living crunch
Aussie equities fell on Friday, as iron ore dragged and investors grappled with hotter-than-expected US inflation data.
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