Trump touts deal with Indonesia, flags pharma tariffs
US President Donald Trump says the United States will impose a 19 per cent tariff on goods from Indonesia under a new agreement with the Southeast Asian country. He said…
‘Pattern book’ house plans could be approved in 10 days
New homes picked from pre-approved designs could be ticked off for construction in 10 days in another bid to accelerate house building in Australia’s most expensive market. In what the…
Australia urges economic engagement amid uncertainty
In the face of extreme uncertainty, collaboration will be top of mind as the treasurer prepares to meet with leaders from some of the world’s most important economies. Days before…
“Snuff videos as a sales pitch”. Raphael boasts of human testing in Gaza death camps
Australia’s government awards rich contracts to Israeli drone makers Elbit and Raphael, which skite to investors about killing Palestinians. Stephanie Tran reports. Israeli weapons manufacturer Rafael Advanced Defense Systems has…
Economists point to tariffs as US prices edge up
Inflation rose last month to its highest level since February as economists blamed US President Donald Trump’s tariffs for pushing up the cost of items such as groceries, clothes and…
EU urged to suspend global minimum tax after US exit
German Chancellor Friedrich Merz has urged the European Union to suspend implementation of a global minimum corporate tax, arguing the plan is no longer viable without US participation. Speaking after…
French PM seeks to scrap two holidays to slash debt
French Prime Minister Francois Bayrou has proposed scrapping two public holidays and freezing most public spending as part of a budget squeeze. Bayrou’s plan involves freezing welfare spending and tax…
Rising cost to build a wake-up call on housing dream
A rise in construction costs is likely to stoke inflation while pushing home-building targets further out of reach, fresh data analysis suggests. Construction costs rose 0.5 per cent in the…
Sweet and sour in Beijing: PM’s China trip bears fruit
Sweet and tangy jujubes could soon be on the way to Australian shelves as part of a broadened trade pact with China. The agreement was one of six signed by…
Outdated environment laws may hinder Australia’s dreams
Australia will miss many of its most important goals unless its environment laws undergo a long-overdue transformation, an economic heavyweight has warned. Ken Henry – a former Treasury secretary, NAB…