Trump says US to impose 25 per cent tariff on India
US President Donald Trump has imposed a 25 per cent tariff on goods imported from India starting on August 1, along with an unspecified penalty for buying Russian weapons and…
China’s leaders vow economy help as US talks in limbo
China’s top leaders have pledged to help companies slammed by higher US tariffs but are holding back on major moves after trade talks with the US kept businesses and planners…
Cheers at last for Olympians who defied Moscow boycott
Death threats, spittle and bribes followed Peter Hadfield after he chose to represent Australia at the Moscow Olympics. The decathlon competitor was one of 121 members of Australia’s Olympic team…
Rio Tinto posts modest profit as iron ore prices plunge
A weak iron ore price and extreme weather have weighed on Rio Tinto’s profits, but the mining giant is confident in the road ahead. Rio posted a $US4.5 billion ($A6.9…
Aussie rocket carrying Vegemite lifts off, then crashes
Australia, we have lift-off. An Australian-made rocket has been launched from home soil for the first time, only to crash moments later. The 14-second maiden flight in Bowen, north Queensland,…
Rate cut looms as inflation result brings RBA ‘comfort’
Mortgage holders can all but lock in a rate cut in less than two weeks after the central bank’s preferred measure of inflation fell to its lowest level in three-and-a-half…
Embrace AI or suffer: Atlassian billionaire’s warning
Australia has a big opportunity to develop artificial intelligence, but the technology could have major economic ramifications if firms and governments don’t adapt, a billionaire entrepreneur has warned. Scott Farquhar,…
Star’s sale of Queens Wharf entertainment hub stalled
Star Entertainment Group’s bid to sell its half-stake in the money-losing Queens Wharf Brisbane entertainment complex for $53 million is faltering. In a statement to the ASX on Wednesday, the…
‘Worrying’: fresh NAPLAN results trend revealed
Student literacy and numeracy appears to be stagnating in Australia, with the latest NAPLAN test results fuelling concern about ongoing trends. About 10 per cent of students need more help…
Door opens on rate cut as inflation continues to fall
Mortgage holders could see more rate relief within weeks after the Reserve Bank’s preferred measure of inflation fell to 2.7 per cent annually. Trimmed mean inflation, which omits volatile items…