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Nullarbor floodwaters still waist-deep a month after drought-breaking rain
via abc.net.auFloodwaters on the Nullarbor are slowly starting to recede more than a month after drought-breaking rain cut off outback pastoral stations in one of Australia's most isolated regions. -
Eurozone escapes recession as France, Spain, Germany and Italy beat growth forecasts – business live
via theguardian.comFastest growth in 18 months as GDP expands by better-than-expected 0.3% in Q1 2024, after two quarters of contractionFull story: Eurozone exits recession as ‘big four’ economies beat forecastsHungary has returned to growth, in an encouraging sign for Eastern Europe’s economy.Hungary’s gross domestic product grew by 0.8% in the first quarter of this year, new data shows, having previously stagnated with 0% growth in the last quarter of 2023.The plan we are announcing today -
Eurozone exits recession as ‘big four’ economies beat forecasts
via theguardian.comFrance, Spain, Germany and Italy helped by lower inflation and prospect of interest rate cutsBusiness live – latest coverageThe eurozone has bounced back from its shallow technical recession after a stronger than expected performance by its “big four” economies in the first three months of 2024.After two successive quarters of 0.1% contraction in the second half of 2023, the 20 nations that use the single currency posted growth of 0.3% between January and March. Continue readin -
Treasurer announces major overhaul of Australia's foreign investment regulations
via abc.net.auTreasurer Jim Chalmers says Australia is ready to embark upon a major overhaul of its foreign investment regulations to ensure critical industries, minerals and the national interest are not put at risk. -
'Capacity for interference' behind government overhaul of foreign investment
via abc.net.auTreasurer Jim Chalmers says Australia is ready to embark upon a major overhaul of its foreign investment regulations to ensure critical industries, minerals and the national interest are not put at risk. -
Housing site 'dust bowl' sitting vacant in Adelaide suburb three years after homes announced
via abc.net.auA parcel of suburban land earmarked for more than 100 houses three years ago remains mostly vacant, with the SA opposition accusing the government of leaving the site like a "dust bowl" amid a housing crisis. -
Your energy bill will likely rise as power companies put up their costs over the next five years
via abc.net.auAustralians hoping for energy bill relief next financial year have been delivered a blow, with the cost of energy transmission set to rise in different parts of the country. -
Electricity bills set to rise as Australian Energy Regulator sets new network transmission costs
via abc.net.auAustralians hoping for energy bill relief next financial year have been delivered a blow, with the cost of energy transmission set to rise in different parts of the country. -
Inflation in UK shops slows amid price cuts on clothes and shoes
via theguardian.comPrices in non-food stores are lower in April than a year earlier as stores offload summer stockBusiness live – latest coveragePrices in UK shops rose at their slowest rate since late 2021 in April as deep discounts by clothing and footwear retailers put the brakes on inflation, the latest snapshot of high street spending trends has shown.The monthly bulletin from the British Retail Consortium (BRC) – the lobby group for the industry – found that the battle by store owners to of -
Cheaper flights in WA's north on the way as state government extends subsidies
via abc.net.auFlights between Broome and Kununurra are set to be capped at $199 one way, and the government will extend subsidies for flights between Perth and some regional WA towns. -
Police arrest trio from fishing boat allegedly importing almost half a tonne of cocaine
via abc.net.auThree men apprehended at a central Queensland boat ramp are accused of attempting to import around 500kg of cocaine with an estimated street value of more than $162 million. -
Police arrest trio from fishing boat allegedly importing almost half a ton of cocaine
via abc.net.auThree men apprehended at a central Queensland boat ramp are accused of attempting to import 500kg of cocaine with an estimated street value of more than $162 million. -
Why has the yen fallen to a decade’s low and what does it mean for Japan’s economy?
via theguardian.comThe accelerating slide in the value of Japan’s currency could ultimately be bad news for people in Japan who are heavily reliant on importsThe value of Japan’s currency has tumbled so much, that its value is back to where it was in 1990, shortly after Japan’s famous “bubble economy” burst. For a moment on Monday it was trading at 160 yen to US$1. A few years ago, it was closer to 100 yen to US$1.The yen’s accelerating slide could ultimately be bad news for peo -
The questions to ask before lending a partner money
via abc.net.auThere are many reasons a romantic partner may need to borrow money, including emergencies, existing debt, or loss of income. What are the risks of loaning it to them? -
Australia will build the world's first commercial quantum computer, but how does it work?
via abc.net.auThe Queensland and Australian governments have set aside $470 million each to fund "the most complex machine ever built by humanity", in Brisbane. -
Australia makes billion-dollar play for world's first commercial quantum computer
via abc.net.auThe Queensland and Australian governments have set aside $470 million each to build "the most complex machine ever built by humanity" in Brisbane. So how does it work? -
Live: Regional airline Bonza has cancelled flights throughout the country as it considers its future
via abc.net.auThe cancellation of Bonza flights strands potentially thousands of passengers across the country, as the regional airline considers its future. Follow live. -
Live: Bonza enters voluntary administration after cancelling all flights
via abc.net.auBudget airline Bonza enters voluntary administration after this morning cancelling all flights, leaving passengers stranded. Follow live. -
Live: Bonza cancels all flights as bosses consider airline's future
via abc.net.auThe cancellation of Bonza flights strands potentially thousands of passengers across the country, as the regional airline considers its future. Follow live. -
Bonza enters voluntary administration after cancelling all flights — as it happened
via abc.net.auBudget airline Bonza enters voluntary administration after cancelling all flights, leaving passengers stranded on Tuesday morning. -
Passengers stranded, Bonza in administration in 'shattering news' for sector
via abc.net.auThe airline says it has "temporarily" suspended all services, leaving travellers scrambling for help to get to their destinations. -
Passengers stranded as Bonza cancels flights in 'shattering news' for sector
via abc.net.auEarly Bonza flights in and out of the company's base on Queensland's Sunshine Coast, along with Melbourne legs to Rockhampton, Gladstone, and Tamworth, have been suspended. -
Flights cancelled across the country as budget airline Bonza considers financial viability
via abc.net.auEarly Bonza flights in and out of the company's base on Queensland's Sunshine Coast, along with Melbourne legs to Rockhampton, Gladstone and Tamworth, have been suspended. -
Bonza flights cancelled across the country as budget airline considers financial viability
via abc.net.auEarly Bonza flights in and out of the company's base on Queensland's Sunshine Coast, along with Melbourne legs to Rockhampton, Gladstone, and Tamworth, have been suspended. -
Bonza 'finished' say staff as airline cancels flights across the country
via abc.net.auEarly Bonza flights in and out of the company's base on Queensland's Sunshine Coast, along with Melbourne legs to Rockhampton, Gladstone, and Tamworth, have been suspended. -
Why Deborah still has roof temperatures around 50 degrees, despite spending thousands on cooling
via abc.net.auAn experiment finds dark-roofed homes in Western Sydney are recording roof cavity temperatures as much as 10 degrees warmer than homes with lighter shades. -
Greenery, whirlybirds, and aircon do little to reduce heat in homes with dark roofs, project finds
via abc.net.auA experiment finds dark-roofed homes in Western Sydney are recording temperatures as much as 10 degrees warmer than homes with lighter shades. -
Live: ASX to edge up, Tesla shares jump
via abc.net.auThe Australian share market is expected to open slightly higher as Wall Street investors await the US Federal Reserve's rates decision meeting this week, with the central bank poised to keep rates unchanged. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog. -
Live: ASX to edge up, BHP confirms $39b Samarco disaster settlement offer
via abc.net.auThe Australian share market is expected to open slightly higher as Wall Street investors await the US Federal Reserve's rates decision meeting this week. Mining giant BHP has reached a $US25.7 billion ($39.1 billion) settlement offer with the Brazilian government on the Samarco dam disaster. Follow the ABC News live markets blog. -
Live: ASX edges up, BHP confirms $39b Samarco disaster settlement offer
via abc.net.auThe Australian share market opened slightly higher after a jump in Tesla shares helped US stocks finish higher. Mining giant BHP has reached a $US25.7 billion ($39.1 billion) settlement offer with the Brazilian government on the Samarco dam disaster. Follow the ABC News live markets blog.
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