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Outdated environment laws may hinder Australia’s dreams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…
Trump says he has struck a trade deal with Indonesia
US President Donald Trump says he has struck a trade deal with Indonesia. “Great deal, for everybody, just made with Indonesia. I dealt directly with their highly respected President. DETAILS…
China hails PM’s ‘personal efforts’ to restore ties
Relations between China and Australia reached a “low point” but are back on track under Anthony Albanese’s leadership, Chinese Premier Li Qiang says. The prime minister on Tuesday wrapped up…
Australian, Chinese business leaders seek common ground
Australian and Chinese CEOs are pushing for increased mutual recognition of qualifications and the development of smart agriculture technology. A roundtable of 28 business leaders – 14 from each country…
Tesla makes India debut with upscale showroom launch
Tesla has opened its first showroom in India, marking the electric vehicle maker’s long-anticipated debut in the world’s third-biggest automotive market. In the Bandra-Kurla Complex, an upscale business centre in…