Economic news

• Australian shares finish at record high for second day running — as it happened

  05-08-2026 23:31 via abc.net.au
  
  The Australian share market has finished at a record high for the second-straight day after strong growth in commodity prices.
  
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• 'Defining image' appears on 50-cent coin entering circulation

  05-08-2026 23:17 via abc.net.au
  
  The Royal Australian Mint is encouraging people to check their change for the new 50-cent coin. 
  
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• 'Beautiful' new coin tells story of First Nations land rights

  05-08-2026 23:17 via abc.net.au
  
  The Royal Australian Mint is encouraging people to check their change for the new 50-cent coin. 
  
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• Outback city's young population revels in its housing market amid low prices

  05-08-2026 23:04 via abc.net.au
  
  An outback city known for its rodeos and red dirt is home to one of the youngest average populations in Australia. With so many under 35s flocking to Mount Isa, it might be an opportunity to step into the housing market.
  
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• First homebuyers enter market in outback city where median house price is $312K

  05-08-2026 23:04 via abc.net.au
  
  An outback city known for its rodeos and red dirt is home to one of the youngest average populations in Australia. With so many under 35s flocking to Mount Isa, it might be an opportunity to step into the housing market.
  
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• Frustrated commuters endure three months of disrupted rail services

  05-08-2026 21:47 via abc.net.au
  
  Queensland Rail says one third of trains are now off the tracks due to a growing maintenance backlog as commuters stare down the barrel of more long months of reduced services.
  
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• 'It becomes never-ending': Carnival cruise crew reveal punishing conditions

  05-08-2026 20:48 via abc.net.au
  
  Passengers boarding a Carnival cruise ship are promised a world of endless food, relaxation and oceanic luxury. But for the crew who make these escapes possible, life is vastly different.
  
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• Inside the punishing conditions Carnival crew face on cruise ships

  05-08-2026 20:48 via abc.net.au
  
  Passengers boarding a Carnival cruise ship are promised a world of endless food, relaxation and oceanic luxury. But for the crew who make these escapes possible, life is vastly different.
  
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• 'Becomes never-ending': Carnival cruise crew reveal punishing conditions

  05-08-2026 20:48 via abc.net.au
  
  Passengers boarding a Carnival cruise ship are promised a world of endless food, relaxation and oceanic luxury. But for the crew who make these escapes possible, life is vastly different.
  
  Read more

• Mistrust preventing households from signing up as virtual power plants

  05-08-2026 20:41 via abc.net.au
  
  Thousands of households with batteries installed under the federal government's scheme are choosing not to sign up to be a so-called virtual power plant that sells stored energy back to the grid.
  
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• Majority of battery-powered households reject 'virtual power plant' scheme

  05-08-2026 20:41 via abc.net.au
  
  Thousands of households with batteries installed under the federal government's scheme are choosing not to sign up to be a so-called virtual power plant that sells stored energy back to the grid.
  
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• Battery-powered households not signing up to 'virtual power plant' scheme

  05-08-2026 20:41 via abc.net.au
  
  Thousands of households with batteries installed under the federal government's scheme are choosing not to sign up to be a so-called virtual power plant that sells stored energy back to the grid.
  
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• Australia's largest contiguous sheep station sold to Adelaide businessman

  05-08-2026 09:25 via abc.net.au
  
  Nearly 1.3 million hectares of the South Australian outback has been bought by billionaire Adelaide businessman Charlie Shahin, whose family founded the OTR petrol station and convenience store network.
  
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• Report finds runaway coal train reached 90km/h on 20km journey

  05-08-2026 07:29 via abc.net.au
  
  An interim report has confirmed a runaway coal train reached speeds well in excess of the safe limit and rolled backwards for 5 kilometres before coming to a halt.
  
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• Report finds runaway coal train reached 90km/h on 20-kilometre journey

  05-08-2026 07:29 via abc.net.au
  
  An interim report has confirmed a runaway coal train reached speeds well in excess of the safe limit and rolled backwards for 5 kilometres before coming to a halt.
  
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• Warnings Labor's plan to delay family reunions could be 'human rights issue'

  05-08-2026 07:16 via abc.net.au
  
  Experts are divided on the government's plan to increase its control over net migration figures, warning the devil is in the detail.
  
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• Warnings Labor's plan to delay family reunions could be human rights issue

  05-08-2026 07:16 via abc.net.au
  
  Experts are divided on the government's plan to increase its control over net migration figures, warning the devil is in the detail.
  
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• Breaking: Allegedly stolen car involved serious Cairns crash

  05-08-2026 06:54 via abc.net.au
  
  Multiple patients are being taken to hospital and a major highway has been closed after a serious crash in Cairns.
  
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• Breaking: Allegedly stolen car involved in serious Cairns crash

  05-08-2026 06:54 via abc.net.au
  
  Multiple patients are being taken to hospital and a major highway has been closed after a serious crash in Cairns.
  
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• Allegedly stolen car involved in serious Cairns crash

  05-08-2026 06:54 via abc.net.au
  
  Multiple patients are being taken to hospital and a major highway has been closed after a serious crash in Cairns.
  
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• No dog poo or tea bags in surprise change to WA FOGO bin rules

  05-08-2026 06:14 via abc.net.au
  
  The WA waste authority has quietly changed the rules on what can go in green-lidded bins in a move councils say is likely to confuse many people still adapting to the new system.
  
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• How Trump and Iran unexpectedly fuelled an electric car boom

  05-08-2026 06:08 via abc.net.au
  
  Over the past year, electric car sales have tripled, as anxiety about fuel shortages and rising petrol prices continues.
  
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• EV sales keep nudging record high as market hits 'new phase'

  05-08-2026 06:08 via abc.net.au
  
  Over the past year, electric car sales have tripled, as anxiety about fuel shortages and rising petrol prices continues.
  
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• EV sales keep nudging record high as market hit 'new phase'

  05-08-2026 06:08 via abc.net.au
  
  Over the past year, electric car sales have tripled, as anxiety about fuel shortages and rising petrol prices continues.
  
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• Australians cut ties with servos as EV record sales continue

  05-08-2026 06:08 via abc.net.au
  
  Over the past year, electric car sales have tripled, as anxiety about fuel shortages and rising petrol prices continues.
  
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• Gas giant prosecuted after under-reporting toxic emissions

  05-08-2026 03:21 via abc.net.au
  
  Japanese gas giant Inpex has been charged by the Northern Territory's environmental regulator for under-reporting the amount of toxic emissions it released from the Ichthys facility near Darwin.
  
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• Hobart wharf demolition paving way for new icebreaker berth

  05-08-2026 02:26 via abc.net.au
  
  The aging Macquarie Wharf 6 on Hobart's waterfront is being dismantled as part of a project to deliver a modern home port for RSV Nuyina.
  
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• Growers find expanding markets to save bumper avocado crop from oversupply

  05-08-2026 02:20 via abc.net.au
  
  The avocado industry is experiencing another high-volume crop, but unlike previous years with oversupply, the fruit is finding a market.
  
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• Outback town says grid connection key to capturing AI investment

  05-08-2026 01:21 via abc.net.au
  
  An outback town says it has the land and space for AI infrastructure, but without a connection to the national electricity grid, investment remains on hold.
  
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• WA government has no plans to change uranium mining ban

  05-08-2026 00:07 via abc.net.au
  
  New Mines Minister Daniel Pastorelli says the government will not shift approach to uranium mining, amid mounting pressure from WA's resources industry. 
  
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• New minister says WA's uranium mining ban will remain

  05-08-2026 00:07 via abc.net.au
  
  The WA government will not shift its approach to uranium mining, new Mines Minister Daniel Pastorelli says, despite mounting pressure from the resources industry.
  
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