US central bank leaves interest rates unchanged
The US Federal Reserve has left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut. The…
All eyes on top bank official as rate-cut hopes inflate
A fireside chat starring a top Reserve Bank of Australia official will be closely watched as mortgage holders look for more signs confirming another interest rate cut. RBA deputy governor…
Fears for vulnerable children as social media ban grows
Limiting children’s access to social media could inadvertently harm marginalised children, an expert has warned, as YouTube is roped into Australia’s ban. The federal government’s decision to include the video-sharing…
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…
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…
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…
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,…
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,…
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…