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US President Donald Trump has slapped a new tariff on Australia.

‘Surprise windfall’ in Trump’s Aussie tariff punishment

EXCLUSIVE: Trade Minister Don Farrell says Donald Trump’s tariffs have delivered a ‘surprise windfall’ for Australia, but has told his counterpart to back off on further increases.

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Elon Musk, chief executive officer of Tesla Inc.

SpaceX's public offering could make Musk a trillionaire

SpaceX's decision to publish a ‌price a week ahead of its landmark offering has few if any precedents among major US initial public ‌offerings.

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Betashares’ expansion into the private credit sector faces headwinds as global investors rush to sell out of a fund operated by its US investment partner Cliffwater. 

ETF pioneer’s private credit bet runs into global sell-off

Betashares’ expansion into the private credit sector faces headwinds as global investors rush to sell out of a fund operated by its US investment partner.

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Chevron Australia boss Balaji Krishnamurthy says the company’s American head office is ‘confused and frustrated’ about a proposed national gas reservation scheme.

Chevron boss warns of US vexation over Canberra intervention

Chevron’s American head office is ‘confused and frustrated’ about a proposed national gas reservation scheme.

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New legislation touted as enabling the Fair Work Commission to work more effectively will also allow the Commonwealth to favour contractors with EBAs for Federal Government projects.

Business accuses Feds of ‘sneaky move’ to help ‘union mates’

Major changes to the way the Federal workplace umpire operates under a guise of efficacy have been blasted by industry groups.

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Jim Chalmers has admitted Australia’s weak productivity iss a problem.

Why stalling economy could stop further interest rate hikes

Australia’s economic growth has stalled following a series of interest rate rises while productivity has gone backwards, which could stop the Reserve Bank hiking rates any further.

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Investors should watch out for indigestion.

Can the stockmarket swallow Anthropic, SpaceX and OpenAI?

THE ECONOMIST: As the three tech titans prepare their blockbuster debuts, some fear Wall Street may be biting off more than it can chew.

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There are predictions property values will fall as the economy faces significant hurdles.

Could housing tax changes slow the economy even further?

The latest data is expected to show Australia's economic growth rate slowed even before the effects of interest rate hikes and the Iran war were fully felt.

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Economists from Australia’s biggest bank said interest rates could rise following the Budget, which will spend an extra $6.5 billion.

Increase to minimum wages threatens maximum pain

EDITORIAL: Beyond the celebrations of the nation’s 100,000 lowest paid workers, there is a portent of gloomier times and a genuine fear this blunt instrument will strike a blow to our fragile, inflated economy.

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RBA governor Michele Bullock and Treasurer Jim Chalmers.

Fair Work may have blown up the RBA’s kill-inflation plan

AARON PATRICK: By granting an above-inflation pay increase to 2.7 million workers, the industrial umpire may trigger copycat demands that drive up inflation and interest rates. 

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The brewery has long been a part of the landscape in Australia's third-oldest city. (Ethan James/AAP PHOTOS)

'Gut punch': Beer production to end at brewery’s home after 140 years

James Boag's will stop making beer at its Tasmanian home, with its owner blaming declining sales and rising costs.

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Imports for data centre equipment hit a record, up 75 per cent for the quarter to almost $8b.

First trade deficit in nine years amid data centre boom

Australia has posted its first trade deficit in almost a decade amid booming spending on data centres, a fuel shock and a stronger flow of foreign investment into the country.

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Mega-service station chain Bucee’s is a Texas-based brand that is quickly expanding to other states.

How Texas became America Inc’s centre of gravity

THE ECONOMIST: Exxon’s reincorporation is one more feather in the state’s cowboy hat, as it looks to overtake California as the largest economy in America

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Wall Street traders have priced in a 70 per cent chance of a rate hike before the end of the year. (AP PHOTO)

Wall Street opens near record levels amid AI optimism

US stocks have opened mostly higher although investors sold shares in consumer discretionary companies.

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In most European countries today’s age pensions are paid by today’s workers.

How boomers have screwed European countries

THE ECONOMIST: Today’s grandparents inherited a continent rebuilding itself after war; they will pass on one in need of repair after the damage they helped wreak.

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