Business

Amazon, the global retail behemoth, will start to distribute and deliver fresh groceries in Australia.

The huge Amazon move that’ll have Coles and Woolies spooked

Australia’s big two supermarkets have been dreading Amazon’s expansion into fresh groceries. It’s now eventuated.

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Treasurer Jim Chalmers during a press conference in Brisbane where he addressed inflation data.

Chalmers denies spending problem despite $57b black hole

The Opposition claimed large payments to the states and other unexplained expenses weren’t disclosed before last year’s election.

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Customers have reported being unable to transfer their cash due to the outage.

Big four bank customers affected by major outage

Frustrated customers of a big four bank have reported a major internet banking outage, affecting their ability to access their cash.

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Barmy Army to blame for inflation

Upset interest rates are going up? Blame the Barmy Army

An influx of cricket tourists contributed to an inflation breakout that could cost average home borrowers almost $2000 this year.

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epa11962442 John Romolo with the brokerage firm Quattro M Securities works at the end of the trading day on the floor of the New York Stock Exchange, in New York, New York, USA, 13 March 2025. The Dow Jones industrial average lost approximately 537 points on 13 March as investors continue to react to tariffs being discussed by the Trump administration. EPA/JUSTIN LANE

WATCH: Why the next 72 hours are critical for markets

CNBC’s Investment Committee debate how important the next few days are for the rally as Mega Cap earnings, the Fed Decision and a potential government shutdown hang over stocks.

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Southern Cross Media board member Ryan Stokes, who is also chief executive of SGH, which owns 20 per cent of the media company.

SGH sources rubbish claims Stokes family plans to quit media

The Stokes family has no intention of selling its media ownership interests according to sources, despite news reports to the contrary.

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Federal Treasurer Jim Chalmers and Governor of the Reserve Bank of Australia, Michele Bullock.

Big four banks tipping February hike as inflation soars

Australia’s big four banks are now unanimously tipping a rate hike for Tuesday next week after inflation soared even further above the Reserve Bank’s target band.

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The global dash for cash is driving the gold rush.

What is driving gold’s relentless rally?

THE ECONOMIST: The global dash for cash is driving the gold rush.

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Sydney is Australia's most expensive market, but house prices are still expected to grow in 2026. (Lukas Coch/AAP PHOTOS)

Rate hikes, affordability won't curb house prices

Property professionals are confident that housing prices will continue to grow in 2026, despite worries about higher interest rates and affordability.

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Corporate earnings have seen Wall Street indexes rise, while health insurers take a dive. (AP PHOTO)

Wall St rises as corporate earnings roll in

US stocks opened on the rise buoyed by corporate earnings, though health insurers are down after news broke of a modest increase to Medicare rates.

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The value of the Australian dollar has climbed to a near 16-month high against the US currency. (Joel Carrett, Bianca De Marchi/AAP PHOTOS)

Aussie dollar soars against slumping greenback

Australia’s currency is at a nearly 16-month high against its American counterpart - and looks poised for further gains, experts say.

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An underlying inflation figure higher than the RBA’s forecast could force it to hike rates, but there’s a case for waiting to see how spending data plays out.

Crucial inflation data to determine interest rate call

An underlying inflation figure higher than the RBA's forecast could force it to hike rates, but there's a case for waiting to see how spending data plays out.

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Jessica Marrie Carah has been banned for life from strata management.

‘Disturbing:’ Manager’s alleged $2m theft

A strata manager has been banned for life after she allegedly stole more than $2m from dozens of strata schemes.

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US President Donald Trump.

Why top economist warns populism will backfire

Top economist Shane Oliver has warned populist politics is likely to backfire through higher inflation and worsening inequality as governments across the developed world become increasingly interventionist.

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