Business

Shoppers continue to flock to Westfield centres around the country, including Westfield Sydney.

Shoppers flock to Westfield centres despite cost crisis

Consumers continue to flock to Westfield shopping centres around the country as owner Scentre Group pours in millions of dollars revamping sites in Sydney and Melbourne.

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How Iran war could add $85K to house construction cost

The cost of building a house in Australia is expected to soar by double digits in the coming year with bathroom suppliers Reece and Tradelink announcing big increases to piping costs.

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The supermarket giant is hiking the price of a household staple as its suppliers face ongoing fuel-related supply chain and operational cost pressures.

Coles to charge more for item bought by almost every shopper

The supermarket giant is hiking the price of a household staple as its suppliers face ongoing fuel-related supply chain and operational cost pressures.

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In Australia petrol is a bit pricier but trucks keep trucking and planes continue to fly. This comforting picture belies how close we remain to the edge.

Global energy markets are on the verge of a disaster

In Australia petrol is a bit pricier but trucks keep trucking and planes continue to fly. This comforting picture belies how close we remain to the edge.

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Japan's Nikkei is down 0.2 per cent as traders consolidate their recent gains. (EPA PHOTO)

Stocks gain as Trump extends Iran ceasefire

S&P futures have risen 0.5 per cent while Nasdaq futures gained 0.6 per cent in ‌early Asian ‌trading hours.

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The ban was reportedly lifted last week and ship-tracking data later showed two vessels carrying Jimblebar Fines were headed to China.

BHP confirms end to seven-month China standoff

BHP has finally confirmed an end to a tense trade standoff with China, ending seven months of negotiations as the Middle Kingdom sought to shift the balance of power with WA iron ore producers.

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Gas exporters are set to face a parliamentary inquiry over the tax they pay.

Gas giants pushed as pressure builds for export tax overhaul

Criticisms of Australia's tax regime for gas exports are being levelled at producers and business groups, which argue higher taxes will chill investment.

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Shane Oliver, Jim Chalmers The Nightly

Top economist tells Chalmers to attempt $100b surgery

AMP chief economist Shane Oliver has urged Treasurer Jim Chalmers to cut $100 billion from the Federal Budget to help fight inflation.

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Anthony Albanese’s Tim Tam approach to economic management.

Anthony Albanese’s Tim Tam approach to economic management

AARON PATRICK: A government fund set up to invest in promising companies is being used to deliver corporate welfare.

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The tax burden on Australians is at the highest level in almost two decades, new government data shows, with a former Reserve Bank official warning it is likely to get even worse.

Average Aussie paying highest taxes in two decades

The tax burden on Australians is at the highest level in almost two decades, new government data shows, with a former Reserve Bank official warning it is likely to get even worse.

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 Tim Cook, the longtime chief executive of the iPhone maker, said he will step down.

Apple CEO’s reign over: What does it mean for the iPhone?

Tim Cook’s resignation as Apple CEO will end one of the most successful management runs in the history of US business.

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Defence upstarts are changing how the US wages war.

THE ECONOMIST: Defence upstarts changing how US wages war

The Trump administration is cosying up to new tech which is shaking up the traditional military industrial complex.

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Lynas' Malaysia processing plant in Pahang.

Lynas flags risk of higher costs from Mid East conflict

Shares in Lynas Rare Earths have slipped despite the miner more than doubling sales in the past three months and revealing it is yet to feel the disruption of the global fuel shock.

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Rio Tinto boss Simon Trott.

‘Resilient’ Rio on watch but yet to feel effects of war

Rio is yet to feel the effects of a global oil crisis fuelled by war in the Middle East but concedes it does not know how the ongoing conflict will hit supply chains in the second half of the financial year.

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Apple Tim Cook to be replaced by John Ternus as CEO.

Apple Tim Cook to be replaced as CEO

Apple has announced that chief executive Tim Cook will be replaced within months.

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