Business

The big green sheds made up the lion’s share of its overall revenue of $24.2b for the six months to the end of December — up 3.1 per cent on the same time a year ago

Bunnings cash machine delivers bigger Wesfarmers payout

Wesfarmers boss Rob Scott says he expects the recent call by the Reserve Bank to hike interest rates and uncertainty over the prospects of higher-for-longer inflation will rattle consumer sentiment.

Updated
Read more (3 min) →
The tight jobs market has been a key reason many economists expect the Reserve Bank may need to increase interest rates again this year.

New jobs data does little to keep another rate hike at bay

The Aussie jobs market has posted a solid start to 2026 with the unemployment rate steady at 4.1 per cent in January— a number that will not ease the RBA’s concerns about inflation.

Updated
Read more (2 min) →
Humanoids dazzle at the Spring Festival Gala.

Sign up to The Nightly's newsletters.

Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

Email Us
By continuing you agree to our Terms and Privacy Policy.
The jobless rate is predicted to be on the way up again, but economists think it’s not a concern.

Unemployment tipped to surge again after surprise drop

Australia's latest jobless figures are likely to follow a trend for the year's start after economists were wrong-footed by a surprise fall in unemployment.

Updated
Read more (1 min) →
Alcoa has been fined over habitat destruction in the Northern Jarrah Forest, south of Perth. (Adrian Black/AAP PHOTOS)

Alcoa slugged millions over illegal forest clearing

Alcoa has agreed to pay $55 million to restore a forest habitat that's home to protected species after clearing it for bauxite mining without approvals.

Updated
Read more (2 min) →
More than 15 million Australians are facing added pain to already-crunched household budgets after Federal Health Minister Mark Butler on Tuesday approved an above-inflation increase to private health insurance premiums. 

Medibank, Nib shares jump on health insurance price rises

Shares in Medibank and Nib have jumped after both insurers announced premium hikes of more than 5 per cent for 2026.

Updated
Read more (2 min) →
Australia’s big banks have delivered bumper profits. The Nightly

Big banks cash in on AI revolution as tech tanks on ASX

TOM RICHARDSON: Bank shares have surged in February as they impress investors with cost control and benefit from the flow through of three interest rate cuts in 2025.

Updated
Read more (4 min) →
The "down down" campaign allowed more retail price cuts as supply costs rose, a Coles boss says. (Joel Carrett/AAP PHOTOS)

Coles got supplier rebates for discounted promotions

Its ‘down down’ campaign enabled Coles to make higher profits as more product sold, depending on deals with suppliers, a senior executive says.

Updated
Read more (2 min) →
Santos boss Kevin Gallagher at the Australian Energy Producers conference in Brisbane last year.

Santos culls 400 jobs as boss pockets enormous bonus

Kevin Gallagher’s pay packet for the 2025 year was inflated by a multimillion-dollar payment of performance rights as the oil and gas producer also announced sweeping job cuts

Updated
Read more (2 min) →
The Economist has examined the deal.

Will investing in Russia really bring America trillions?

The Kremlin is making big promises to Donald Trump’s administration.

Updated
Read more (10 min) →
NAB’s cash profit jumped to $2.02b in December.

NAB’s profit jumps on higher revenues, productivity gains

NAB has flagged cost out programs and more lending helped its profit jump in the December quarter.

Updated
Read more (2 min) →
Workers have seen their pay levels go backwards compared with inflation for the first time since late 2023, unless they’re a public servant. Labor’s election promise to get wages moving again is looking hollow.

Pay levels lag behind inflation for first time in two years

Workers have seen their pay levels go backwards compared with inflation for the first time since late 2023, unless they’re a public servant. Labor’s election promise to get wages moving again is looking hollow.

Updated
Read more (3 min) →
ew BlueScope chief executive Tania Archibald.

SGH, Steel Dynamics lob new $15b offer on BlueScope

The revised bid is a “best and final” $32.25 a share offer that values Australia’s biggest steel maker at $15 billion.

Updated
Read more (2 min) →