Business

Reserve Bank of Australiadeputy governorAndrew Hauser has defended its approach to interest rates after it reversed the string of rate cuts in 2025, saying criticism can easily be made with hindsight.

Sarah Court, the new chair of the Australian Securities and Investments Commission, announced the formal investigation into Big Four auditing firm KPMG was launched in the days after its CEO quit.

A leading property economist is warning Labor’s negative gearing and capital gains tax changes will cause rents to soar without seeing more first homebuyers enter the housing market as investors lost interest.

America’s big banks are pitching Elon Musk’s rocket company to investors, as they prepare to reap huge fees from the largest IPO ever.

Reserve Bank governor Michele Bullock has warned Australia’s poor workplace productivity could lead to stagflation where unemployment and inflation were both high at the same time.

The bank was scolded in Canberra last week for its whistleblower program amid allegations drugs were used at one of its Christmas parties.

THE NEW YORK TIMES: This could put Elon Musk on the path to becoming the world’s first trillionaire.

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.

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.

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.

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

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

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.

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

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.