Asian stocks steady, as US and Iran sign peace deal
Asian stocks were steady and oil prices dipped on Thursday as investors assessed progress toward ending the war in the Middle East after the presidents of the US and Iran…
War risk. Is Australia prepared for medicine shortages?
During the US-Israel-Iran War, all eyes were on fuel supplies. However, critical medical supplies potentially posed a higher risk. Rex Patrick reports. The Iran war may or may not be…
Labor unveils startup carve-outs after tax backlash
An existing capital gains tax concession for small businesses will be expanded and a new concession will be introduced as Labor tries to ease the blowback from its budget tax…
Six Japanese ice cream makers raided in price fix probe
Japanese government fair trade watchdog officials have raided six major ice cream makers on suspicion of price fixing. Tokyo-based Meiji Co said in a statement that it had been raided…
Qantas picks London for record-breaking non-stop flight
Qantas has announced London as the first destination for the world’s longest non-stop commercial flight, a roughly 20-hour trip from Sydney eliminating the traditional stopover on the “Kangaroo Route”. The…
One Nation must deliver on Australia’s problems to win
Pauline Hanson is being warned she needs to address Australia’s economic grievances if the party is to retain surging support and turn anger against the two major parties into electoral…
Buyer blow as rising rates offset dip in home prices
First home buyers are in no better position to crack into the property market despite house prices falling in Sydney and Melbourne. While home values have dipped for consecutive months…
Annual migration figures to land as debate rages
Migration’s contribution to Australia’s population growth is set to be revealed as political parties lock horns over how many arrivals to cut and consensus on diversity frays. The Australian Bureau…
US Fed begins Warsh era by keeping rates on hold
The US Federal Reserve has held the benchmark interest rate steady and policy makers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above…
Review seeks electricity priced as simply as milk
Retailers forced to come clean on the number of customers charged too much for their loyalty features in a comprehensive review of the electricity pricing system. Tackling the “loyalty tax”…