Economic news

• Live: Australian share market opens higher, local jobs data out this morning

  15-05-2024 23:57 via abc.net.au
  
  The Australian share market has opened higher after data showed US inflation is cooling, while all eyes will be on local unemployment figures out this morning. Follow live.
  
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• Prime beachside properties and community halls listed for sale by struggling council

  31-10-2024 22:47 via abc.net.au
  
  It's spring selling season in the real-estate market and one Queensland council is cashing in on dozens of properties.
  
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• Apartments are key to ending WA's housing crisis, but there are calls for the government to do more to protect buyers

  31-10-2024 22:10 via abc.net.au
  
  The WA government is trying to entice more people to buy off-the-plan apartments but some buyers, caught in a dispute with an embattled builder, wonder whether there are enough guardrails in place.
  
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• Live: ASX to fall as tech stocks like Microsoft drop value on Wall Street

  31-10-2024 21:45 via abc.net.au
  
  Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. 
  
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• Growers defy avocado glut to plant more trees for lucrative foreign markets

  31-10-2024 21:34 via abc.net.au
  
  While cheap avocado prices might be good news for consumers at the check-out, farmers are battling oversupply but have their sights set on new markets. 
  
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• Bank of China set to gain Pacific foothold with first PNG branch

  31-10-2024 21:29 via abc.net.au
  
  The Bank of China is on the brink of establishing a branch in Papua New Guinea's capital Port Moresby, a move that is being watched closely by the Australian government.
  
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• It was a COVID-era survival strategy in China. Now Australians are using it to save on groceries

  31-10-2024 21:15 via abc.net.au
  
  Many Australians are getting their groceries and household items using an arrangement known as "community group buying" that became widespread in China during its strict pandemic lockdowns.
  
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• 'Community group buying' was a survival strategy in pandemic China. Now, Australians are using it to save on groceries

  31-10-2024 21:15 via abc.net.au
  
  Many Australians are getting their groceries and household items using an arrangement known as "community group buying" that became widespread in China during its strict pandemic lockdowns.
  
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• High water fluoride has been linked to lower child IQs. These communities have been drinking elevated levels for years

  31-10-2024 20:50 via abc.net.au
  
  Power and Water Corporation is supplying two remote Aboriginal communities with bottled water after new research has linked higher fluoride levels in drinking water to lower IQs in children.
  
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• Aboriginal communities in remote NT sent bottled water after new research into fluoride exposure

  31-10-2024 20:50 via abc.net.au
  
  Power and Water Corporation is supplying two remote Aboriginal communities with bottled water after new research has linked higher fluoride levels in drinking water to lower IQs in children.
  
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• Does the cost of your insurance increase with each renewal? This RACQ customer says you're being misled

  31-10-2024 20:37 via abc.net.au
  
  RACQ is under the microscope about whether its offers to renew home insurance for customers have properly compared new prices to previous year's premiums.
  
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• 'Deceptive and misleading': Regulator to examine RACQ pricing practice

  31-10-2024 20:37 via abc.net.au
  
  RACQ is under the microscope about whether its offers to renew home insurance for customers have properly compared new prices to previous year's premiums.
  
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• Workplace sexual harassment is common, but many employers don't know their obligations

  31-10-2024 20:07 via abc.net.au
  
  A new report by Our Watch has found 40 per cent of workplace leaders surveyed are unaware of their new legal obligations to prevent workplace sexual harassment. For many who experience harassment like *Jess, quitting seems like the only option.
  
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• Jess's employer was filming her at work. She confronted him, but still felt she had to quit

  31-10-2024 20:07 via abc.net.au
  
  A new report by Our Watch has found 40 per cent of workplace leaders surveyed are unaware of their new legal obligations to prevent workplace sexual harassment. For many who experience harassment like *Jess, quitting seems like the only option.
  
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• 'I loved my job': Workplace sexual harassment is common, but many employers don't know their obligations

  31-10-2024 20:07 via abc.net.au
  
  A new report by Our Watch has found 40 per cent of workplace leaders surveyed are unaware of their new legal obligations to prevent workplace sexual harassment. For many who experience harassment like *Jess, quitting seems like the only option.
  
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• 'Blur the lines': PM urged to order review into how airlines favour politicians to protect market share

  31-10-2024 20:04 via abc.net.au
  
  As politicians scramble to review their travel histories, there are calls for an independent inquiry examining how airlines are wielding their influence to protect its market share. 
  
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• Will Melbourne's mega projects starve regional Victoria of the tradies needed for new houses?

  31-10-2024 19:58 via abc.net.au
  
  Builders in Ballarat say the lure of more work and money in Melbourne is taking away the vital workforce needed to meet the government's ambitious regional 2051 housing targets.
  
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• How mega projects in Melbourne could impact Victoria's regional housing growth

  31-10-2024 19:58 via abc.net.au
  
  Builders in Ballarat say the lure of more work and money in Melbourne is taking away the vital workforce needed to meet the government's ambitious regional 2051 housing targets.
  
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• Welcome to Lightning Ridge, where dinosaur bones and rare opalised fossils are waiting to be discovered

  31-10-2024 19:52 via abc.net.au
  
  In a fossil-rich pocket of northern New South Wales, two pioneering palaeontologists have spent decades digging up rare relics of the past, striking deals with collectors and opal miners, and unlocking our understanding of deep geological history. 
  
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• Two fossil-mad friends suspect they’ve found something precious. They’re calling in the expert

  31-10-2024 19:52 via abc.net.au
  
  In a fossil-rich pocket of northern New South Wales, two pioneering palaeontologists have spent decades digging up rare relics of the past, striking deals with collectors and opal miners, and unlocking our understanding of deep geological history. 
  
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• This fossil collector may have just hit the jackpot. The only question is whether to sell or save it

  31-10-2024 19:52 via abc.net.au
  
  In a fossil-rich pocket of northern New South Wales, two pioneering palaeontologists have spent decades digging up rare relics of the past, striking deals with collectors and opal miners, and unlocking our understanding of deep geological history. 
  
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• House prices have risen again, but there are signs of 'erring towards a buyer's market'

  31-10-2024 19:50 via abc.net.au
  
  Although national property prices increased again in October, the latest CoreLogic data suggests the housing market is cooling ahead of forecasted interest rate cuts early next year.
  
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• House prices are still rising, but CoreLogic data shows the property market is cooling off

  31-10-2024 19:50 via abc.net.au
  
  Although national property prices increased again in October, the latest CoreLogic data suggests the housing market is cooling ahead of forecasted interest rate cuts early next year.
  
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• This little bird could be 'gone, not with a bang, but a whimper', expert warns

  31-10-2024 19:14 via abc.net.au
  
  They are tiny, energetic and might be seen chasing their insect dinner in the forest canopy — that is, if you are extremely lucky enough to see one. There are fewer than 1,000 left in the wild.
  
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• 'It goes unnoticed': This tiny bird is quietly going extinct, so what will it take to save it?

  31-10-2024 19:14 via abc.net.au
  
  They are tiny, energetic and might be seen chasing their insect dinner in the forest canopy — that is, if you are extremely lucky enough to see one. There are fewer than 1,000 left in the wild.
  
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• The ATO issued 124 companies with $3b in tax bills, but many still didn't pay any. Here's the list

  31-10-2024 14:01 via abc.net.au
  
  The ATO's latest corporate tax transparency report reveals 31 per cent of companies did not pay a cent of tax. Here's the full list. 
  
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• More than 1,200 large companies that paid no tax revealed, as ATO vows to fight profit shifting

  31-10-2024 14:01 via abc.net.au
  
  The ATO's latest corporate tax transparency report reveals 31 per cent of companies did not pay a cent of tax. Here's the full list. 
  
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• Profit is not a 'dirty word', Wesfarmers chair says amid record profits

  31-10-2024 10:21 via abc.net.au
  
  Wesfarmers, owner of Kmart, Bunnings Warehouse, Officeworks and Priceline, announced a record $2.6 billion return. 
  
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• Worker income support on offer as Transgrid apologises for rolling blackouts in outback NSW

  31-10-2024 05:42 via abc.net.au
  
  After weeks of power instability in Far West NSW, the federal government has announced up to 13 weeks of income support. Transgrid has also issued a formal apology and committed an additional $500,000 in grants.
  
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• Transgrid apologises for rolling blackouts in outback NSW, offers community grants

  31-10-2024 05:42 via abc.net.au
  
  After weeks of power instability in Far West NSW, the federal government has announced up to 13 weeks of income support. Transgrid has also issued a formal apology and committed an additional $500,000 in grants.
  
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