Business

Foreign investors will be further scared off Australian mining and energy — pushing up power prices and crippling the nascent critical minerals industry— by a retrospective change to capital gains tax rules.

The lobby group for small business owners is hoping enough nervous Labor MPs raise concerns about tax changes that could cause unemployment to rise.

Australia should be ‘unleashing’ its oil and gas sector instead of controlling it as Canada plots to snaffle our markets, Santos boss Kevin Gallagher says.

Online travel group Webjet has emerged from a trading halt to warn Virgin Australia's decision to offer holiday packages is likely to hurt future revenue.

A financial adviser has warned Australians an ‘extremely overvalued’ property market will take a hit from rate hikes, Federal Budget tax changes and a potential economic downturn.

A major review of Australia’s $103 billion GST funding system is under way. Here’s how a small Canberra bureaucracy decides where the cash flows.

The world’s second-biggest luxury label is turning heads again.

A tech boss developing Australia’s answer to WhatsApp and Slack is warning start-ups will leave Australia for New Zealand because of Labor’s new minimum 30 per cent capital gains tax. 

The Albanese Government is facing backlash for proposed reforms it says the country needs to fix intergenerational inequity.

The ASX was up 0.8 per cent at midday, recovering from a seven-week low, after Donald Trump said he was scrapping plans for another attack on Iran.

Australian consumers are still very much down in the dumps despite lower fuel prices at the pump.

Prime Minister Anthony Albanese has been smashed with memes made by small business owners across the country, who are slamming changes in the Federal Budget. 

THE ECONOMIST: Many hoped to return once the hostilities ceased. As these drag on, however, plenty are casting around for a new, more peaceable bolt-hole. Where are they headed? And will they ever return?

The Federal Government’s changes to capital gains taxes could see small businesses cop a double tax bill if they restructure to cope with the overhaul.

The Reserve Bank of Australia’s chief economist Sarah Hunter has warned entrenched inflation could lead to punitive rate hikes that would spark a recession.