Business

A major review in Australia has resulted in banks committing to refunds totalling $93 million after a ‘problem affecting customers nationwide’ was identified.

US tariffs on incoming goods look to be settling in only slightly less than what Donald Trump had threatened in April, but the difference has been enough to ease some of Wall Street’s worst recession fears.

THE NEW YORK TIMES: Sleek electric vehicles glide by with a quiet hum. Gleaming showrooms do a brisk business in the latest models, and highways are lined with rest stop cafes for drivers to pass the time.

JACKSON HEWETT: From capital gains to superannuation perks, economists say these five tax tweaks could fix long-standing flaws.

Despite being America’s most powerful economic equivalent, the European Union has become the latest trade war target to capitulate to the President’s demands.

‘WHAT! OUTRAGE! They were the only chips I bought.’

The MSCI's broadest index of Asia-Pacific shares outside Japan is higher following a trade deal between the United States and EU.

Australia’s biggest technology company has named a new chief executive as it looks to move on from distracting governance issues involving its billionaire co-founder, Richard White.

THE ECONOMIST: Following the launch of US President Donald Trump’s trade war, it now has an effective tariff of over 16 per cent, the highest since the 1930s, and rates could go even higher. 

Three years after selling out of his Crown Resorts casino empire, billionaire James Packer has a confession.

Western Australia remains the top economic performer in CommSec's State of the States rankings, but its "breakneck" growth is starting to lose momentum.

Traders, economists and mortgage holders will be locked into the Australian Bureau of Statistics website this week for a piece of data that could determine whether the Reserve Bank cuts interest rates next month.

THE NEW YORK TIMES: Excess steel production is estimated to reach 721 million tons by 2027. One answer to overproduction is to simply make less steel, but no country wants to be the one to stop.

James Packer is making a fortune on his AI investments. Yet the billionaire foresees a ‘very scary’ downside scenario for the boom technology of the 21st century.

Fortescue has agreed to pay back taxpayer funds that were poured into a nixed green hydrogen project “where required”, following pressure from the Albanese Government.