Economic news

• New Pacific aid map shows 'striking' shift away from China

  28-07-2026 14:30 via abc.net.au
  
  Australia supplants China as the dominant lender and infrastructure investor across the Pacific as the government ploughs billions of dollars into the region through both foreign aid and loans.
  
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• International company's plan for multi-billion-dollar data centre in regional Qld

  24-08-2026 11:03 via abc.net.au
  
  A $31.9 billion hyper-scale data centre proposed for regional Queensland promises huge economic scale, while raising questions about energy demands and water security.
  
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• Exclusive CCTV captures the violence facing Coles workers

  24-08-2026 10:47 via abc.net.au
  
  Exclusive video obtained by 7.30 highlights shocking scenes of aggressive behaviour towards retail workers, including a customer armed with a hammer and a security guard being thrown into a check-out machine. 
  
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• Specialist ship arrives to cart SpaceX rocket from Christmas Island

  24-08-2026 10:29 via abc.net.au
  
  A semi-submersible cargo carrier has arrived on the remote Australian territory to ferry the SpaceX starship back to Texas.
  
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• Judge declares mistrial as sharp-eyed juror discovers evidence error

  24-08-2026 09:59 via abc.net.au
  
  Copies of evidence given to two jurors contained "irregular" redacted material deemed inadmissible in the trial of a Cape York Peninsula traditional owner accused of defrauding his community of mining royalties more than a decade ago. 
  
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• Redlands reveals plans for 62ha precinct including lagoon

  24-08-2026 09:53 via abc.net.au
  
  Redland City Council's Acting Mayor Julie Talty says the outdoor lagoon will be "better than Brisbane's" South Bank Beach.
  
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• Redland City Council reveals plans for 62ha precinct including lagoon

  24-08-2026 09:53 via abc.net.au
  
  Acting Mayor Julie Talty says the outdoor lagoon will be "better than Brisbane's" South Bank Beach.
  
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• Perth modular home builder's sudden closure shocks customers

  24-08-2026 09:45 via abc.net.au
  
  A Perth modular home manufacturer has blindsided its customers by announcing its sudden closure and takeover by a new firm.
  
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• Trump's 300,000 tonne beef import plan cops backlash

  24-08-2026 08:34 via abc.net.au
  
  Beef prices are on the rise in the United States, but President Donald Trump's plan to reduce them faces backlash from US cattle ranchers.
  
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• AI tokens getting cheaper but businesses paying more than ever

  24-08-2026 07:36 via abc.net.au
  
  Businesses have effectively installed a new utility pipe into their operations, and are only now discovering what it costs to keep the tap running, against how little water is coming out.
  
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• AI costs are rising for Australian businesses. Does it compute?

  24-08-2026 07:36 via abc.net.au
  
  Businesses have effectively installed a new utility pipe into their operations, and are only now discovering what it costs to keep the tap running, against how little water is coming out.
  
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• Former radio host says he saw 'nothing that worried' him at Alan Jones lunch

  24-08-2026 07:29 via abc.net.au
  
  A former 2GB host and producer has told a court he did not see anything worrying at a lunch where a junior colleague accused Alan Jones of touching his crotch.
  
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• Ex-radio host says Alan Jones had arm around man who alleges indecent assault

  24-08-2026 07:29 via abc.net.au
  
  A former 2GB host and producer has told a court he did not see anything worrying at a lunch where a junior colleague accused Alan Jones of touching his crotch.
  
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• Business leaders urge governments to act as smelter power deadline looms

  24-08-2026 06:48 via abc.net.au
  
  With just one week until Rio Tinto's deadline for a power deal for its Bell Bay Aluminium smelter, business and community leaders are calling on the state and federal governments to act to secure the smelter's future.
  
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• Breaking: Albanese says WA's GST deal won't change while he is PM

  24-08-2026 05:20 via abc.net.au
  
  Prime Minister Anthony Albanese reiterates there will be no change to Western Australia's GST arrangements after a report recommended scrapping the existing deal. 
  
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• Albanese says WA's GST deal won't change while he is PM

  24-08-2026 05:20 via abc.net.au
  
  Prime Minister Anthony Albanese reiterates there will be no change to Western Australia's GST arrangements after a report recommended scrapping the existing deal. 
  
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• Five arrests as police raid CFMEU headquarters in Melbourne

  24-08-2026 04:54 via abc.net.au
  
  Detectives executed warrants at the construction union headquarters and five other properties.
  
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• National rental prices rise to half average Australian income

  24-08-2026 03:13 via abc.net.au
  
  Housing advocacy group Everybody's Home says renting a unit now costs more than half the median take-home pay of a single worker in every Australian capital city. 
  
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• Average rental prices push six-figure income earners into rental stress

  24-08-2026 03:13 via abc.net.au
  
  Housing advocacy group Everybody's Home says renting a unit now costs more than half the median take-home pay of a single worker in every Australian capital city. 
  
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• KPMG to cut almost 400 jobs after audit leaks scandal

  24-08-2026 03:06 via abc.net.au
  
  Accounting firm KPMG says it will cut 27 partners and about 360 staff from its Australian arm, and revamp its structure as it grapples with lower revenue from lost contracts following the audit leaks scandal.
  
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• Woodside oil spill plan under fire as approval decision nears

  24-08-2026 01:00 via abc.net.au
  
  With final advice due by the end of the year, critics point to Woodside's own modelling to sink the $30 billion gas project. 
  
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• Luxury cruise passengers left out of pocket after tour company defaults

  23-08-2026 23:59 via abc.net.au
  
  Customers who booked "once-in-a-lifetime" holidays to Western Australia's north are left in limbo after a business loan went wrong for a luxury cruise company.
  
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• Luxury cruise passengers left out of pocket after ship seized by receivers

  23-08-2026 23:59 via abc.net.au
  
  Customers who booked "once in a lifetime" holidays to Western Australia's north are left in limbo after a business loan went wrong for a luxury cruise company.
  
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• Secretive, century-old explosives facility approved for expansion

  23-08-2026 23:29 via abc.net.au
  
  One of four government-run explosive facilities in Queensland, the Bajool reserve has been in action since 1913. There are plans to expand it to meet increased demand from the mining industry.
  
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• ASX rises as miners rally while banks sink — as it happened

  23-08-2026 22:58 via abc.net.au
  
  The Australian share market has closed higher, led by the materials sector. It follows Wall Street finishing Friday on a positive note, but still shedding 1.4 per cent over the week.
  
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• Wagga's drinking water diluted after elevated PFAS levels detected

  23-08-2026 22:35 via abc.net.au
  
  Riverina Water is diluting water from two of its Wagga Wagga bores due to elevated detections of so-called "forever chemicals", but the source of contamination is a mystery. 
  
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• City's drinking water diluted after elevated PFAS levels detected

  23-08-2026 22:35 via abc.net.au
  
  Riverina Water is diluting water from two of its Wagga Wagga bores due to elevated detections of so-called "forever chemicals", but the source of contamination is a mystery. 
  
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• Former The OC actor on crusade to take down 'stupid' cryptocurrency

  23-08-2026 21:18 via abc.net.au
  
  Hollywood actor Ben McKenzie speaks to ABC News about what led him to investigate one of the biggest financial movements of the decade.
  
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• Albanese to override Queensland to settle AI data centre energy rules

  23-08-2026 20:53 via abc.net.au
  
  Queensland's rejection of rules tying data centre construction to new renewables projects means the federal government will be forced to legislate to override the state.
  
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• Trump hits back at Canada after retaliatory tariffs announced

  23-08-2026 10:52 via abc.net.au
  
  The US president says Canada "wants the benefits of being a state, without being one", accusing the northern neighbours of taking advantage of American farmers "for many years".
  
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