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This rural property just changed hands for $100 million. Could WA farmers be sitting on a gold mine?
via abc.net.auExperts say the state's farmland could be significantly undervalued, following a surprise nine-figure sale in the Great Southern region. -
Almost 70pc of Australians lived in a disaster area in 2022, analysis shows
via abc.net.auNew data shows the majority of Australians lived in a local government area that was affected by serious natural disasters in 2022, mostly as a result of widespread flooding across the east coast. -
Investigation upgraded into helicopter crash that killed Netflix cast member, release of findings pushed back
via abc.net.auThe Australian Transport Safety Bureau confirms it has upgraded its investigation into the crash that killed Netflix and National Geographic show cast member, Chris 'Willow' Wilson. -
Live: Wall Street higher as US inflation falls, sparking hopes Fed can ease rate rises, dollar nears 70 US cents
via abc.net.auUS stocks gain in volatile trade as the cost of living in the US falls for the first time in more than two years, raising expectations that the US central bank may ease interest rate increases. Follow the day's events and insights from our business reporters on the ABC News live markets blog. -
Live: ASX and Wall Street higher as US inflation falls, sparking hopes Fed can ease rate rises
via abc.net.auThe ASX and US stocks gain as the cost of living in the US falls for the first time in more than two years, raising hopes that the US central bank may ease interest rate rises. Follow the day's events and insights from our business reporters on the ABC News live markets blog. -
ASX climbs to six-week high on hopes weaker US inflation could prompt Fed to scale back rate hikes — as it happened
via abc.net.auThe ASX gains as the cost of living in the US falls for the first time in more than two years, raising hopes the US central bank will ease interest rate rises. Look back on the day's events and insights from our business reporters on the ABC News markets blog. -
These are Australia's most affordable and expensive suburbs to rent
via abc.net.auTenants endured the biggest-ever rent increases last year, with national rents jumping by 10.2 per cent. -
Struggling borrowers set to miss out on 'immense' mortgage savings as property prices drop
via abc.net.auHundreds of thousands of the most vulnerable mortgage borrowers risk being locked into uncompetitive interest rates as falling property values reduce or remove their ability to refinance. -
Struggling borrowers may miss 'immense' mortgage savings as property prices drop
via abc.net.auHundreds of thousands of the most vulnerable mortgage borrowers risk being locked into uncompetitive interest rates as falling property values reduce or remove their ability to refinance. -
A 'serviceability crunch' is coming and many mortgage borrowers can do little to avoid it
via abc.net.auHundreds of thousands of the most vulnerable mortgage borrowers risk being locked into uncompetitive interest rates as falling property values reduce or remove their ability to refinance. -
Australians much more likely than those in US to end up richer than their parents
via abc.net.auTreasury research shows Australians born in the 1970s to the early 80s have a better chance of improving their financial standing than many other developed economies, but it still pays to be rich. -
Australia does better on economic mobility than many countries, but it may be harder for future generations
via abc.net.auTreasury research shows Australians have a better chance of improving their financial standing than many other developed economies, but it still pays to be rich. -
Streaming services are now valued at almost $3 billion in Australia. Will they help tell more local stories?
via abc.net.auSince Netflix arrived in Australia in 2015, international streaming platforms have become the norm. But is there a benefit for local film and television productions? -
More streaming platforms are coming to Australia. But are they supporting or undermining local storytelling?
via abc.net.auSince Netflix arrived in Australia in 2015, international streaming platforms have become the norm. But is there a benefit for local film and television productions? -
At Close of Business 12 January 2023
Matt Mckenzie with today's headlines including a defamation claim by Senator Linda Reynolds, private M&A deals, and a plan for social housing in the city. -
Sun Cable backers outline competing plans
Billionaires Andrew Forrest and Mike Cannon-Brookes have declared their support for Sun Cable’s ambitious $35 billion renewable energy project but its clear they won’t be investing together. -
Rail contracts up by $180m
A further $180 million of cost overruns have been notched up across two Metronet railway contracts. -
Plenty of tourists but almost no-one available to work in cafes, restaurants
via abc.net.auThis restaurant owner wants nothing more than to welcome the hoards of tourists finally returning to the South Coast but, without staff, he is selling the business instead. -
'Just damn tough': These coastal restaurants have plenty of customers, but are shutting down and selling up
via abc.net.auThis restaurant owner wants nothing more than to welcome the hoards of tourists finally returning to the South Coast but, without staff, he is selling the business instead. -
Court transfers Bartlett legal action
A defamation action by former Melbourne Demons president Glen Bartlett against four club directors, including ex-Iluka Resources boss David Robb, will continue outside of WA. -
State government buys Murray Hotel
Rough sleepers will have access to more accommodation options later this year, courtesy of the state government’s $5.1 million purchase of a West Perth hotel. -
Five-week ASX high ahead of US CPI print
The local share market has finished up 1.2 per cent ahead the overnight release of another important monthly inflation readout from United States. -
Norwest shares jump after drill results
Norwest Minerals’ shares jumped 60 per cent to trade at 7.2 cents on the Australian Stock Exchange after releasing its maiden drilling results from its Bali copper project. -
Titan Minerals welcomes new CEO
A geologist with more than 20-years’ experience in the mineral exploration industry, Melanie Leighton has been appointed the new chief executive of Perth-based Titan Minerals. -
Reynolds sues publisher, author over Turnbull book
Senator Linda Reynolds is taking a national publisher and author to the state's highest court, alleging defamatory content in a book about former Prime Minister Malcolm Turnbull. -
Private deals boost M&A
Zenith Insurance Services, Dardanup Butchering Co, Austral Pool Solutions, Omni Dental and Forpark Australia were among numerous private WA companies to change hands late last year. -
Bonza given green light by CASA for regional flights
via abc.net.auThe new low-cost airline wins approval to start flying across regional Australia. -
Ross Wilson talks the 'Eagle Drop' and green touring ahead of SA shows
via abc.net.auAussie rock legend Ross Wilson is encouraging his fans to be more sustainable and environmentally conscious as he makes his way back to South Australia this year — noting he's now proud of the cultural phenomenon of the "Eagle Drop". -
Real estate agent, company fined $6,500
A former real estate agent has copped a $2,500 fine and his company fined $4,000, following a spate of unauthorised withdrawals from a trust account. -
Strike, Talon's Perth Basin project granted license
Joint venture partners Strike Energy and Talon Energy’s Walyering gas field development in the Perth Basin is one step closer to becoming operational after receiving its production license. -
Australian trade surplus rises above $13b
WA exports have doubled over five years to be $256 billion in the 12 months to November, while the national trade surplus was $13.2 billion in that month alone. -
Greens to push Labor on new carbon rules
The Greens are pushing Labor to consider a more ambitious revamp of its safeguard mechanism scheme, to stop new coal and gas projects. -
Australia and PNG progress security pact
Australia is getting closer to securing stronger security ties with Papua New Guinea and finalising a bilateral security treaty.
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