ASX sheds 0.9pc to end lower after being dragged down by health and tech stocks — as it happened
The ASX200 has ended 0.9 per cent lower on Friday after being dragged down by healthcare and technology stocks.
Ben runs a bar and as unemployment climbs he's 'never received as many resumes as we have at the moment'
Australia's unemployment rate rises to 4.1 per cent in April, up from 3.9 per cent in March, after unemployment increased by 30,300 people.
No 'quick fix' to housing crisis warns RBA assistant governor
The Reserve Bank says there are early signs that developers are responding to rising prices and rents with plans for new housing supply, but it will take many years to solve the affordability crisis.
Script provider MediSecure is at centre of 'large-scale ransomware' data breach, ABC can confirm
National cyber security coordinator Michelle McGuinness says the Australian Federal Police is also looking into the breach.
Analysis by Daniel Mercer
analysis:How just $3b saved from the power handout could have injected $15b into cheaper, cleaner energy
It’s hard to argue with bill relief in a cost-of-living crisis. But this energy expert says the government's blanket power rebate for everyone could actually be counterproductive.
Government passes emissions laws for new vehicles after Greens deal
Car makers will be forced to reduce their emissions for new vehicles as the federal government strikes a deal with the Greens to pass its climate laws for the industry.
'Heartbroken, devastated’: Group fighting coal mine extensions dealt major blow
The Federal Court has ruled that Environment Minister Tanya Plibersek does not have to consider the environmental impacts of emissions when approving coal and gas projects.
'Dirty laundry's there': Federal budget includes more than $80 billion of 'spending' not on the books
Treasurer Jim Chalmers's latest federal budget includes more than $80 billion of "spending" not on the books. Economists say that's where governments put their "dirty laundry".
A 'future made in Australia’ will be a key pitch from the government heading into the next election. So what is it all about?
The federal government is putting a finger on the scale of Australia's net zero transition, spending billions to back hydrogen and critical minerals. But some experts say some clever design means the government isn't technically "picking a winner".
Victoria launches $37 million gamble on space tourism as critics lament debt balloon
Critics line up as Australia's most in-debt state takes its largest venture capitalist gamble yet, betting on a US satellite imagery and space tourism company.
Sick of supermarket prices? A new concept from Finland connects shoppers directly to farmers via social media
Farmers' market organisers say an increasing number of shoppers are cutting out the middleman and buying direct from producers, with many embracing a unique online marketplace gaining traction in Australia.
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Latest business news
A new report says some banks are 'abandoning' customers who ask for assistance
A new ASIC report says banks aren't doing what the law says they must do to help customers in trouble, as the proportion of borrowers in strife rises due to high interest rates, rocketing rents and increases in the cost of living.
WA is set to record its highest ever gas emissions as net zero looks unlikely, secret report finds
WA is expected to hit a new record for greenhouse gas emissions this year, and has no chance of reaching net zero by 2050 unless it changes tack, a government-commissioned report reveals.
Virgin passengers were told they'd won a free cruise, but some can't redeem the prize
Virgin staff dancing at the boarding gate, a call from Richard Branson announcing they'd all won a free cruise, passengers wearing hats and filmed celebrating — but this winner says due to a change in itinerary, to claim her prize will cost her thousands.
Yass water has been a problem for years, with some saying it's making them sick
For 16 days this year Yass Valley residents were ordered not to drink the town water during a boil water alert, and local doctors say general water quality remains a major concern for people and their health.
What happens when the money runs out? Australians share their thoughts on the 'cost-of-living' budget
We asked Australians for their thoughts on cost-of-living measures unveiled in the federal budget. Among thousands of submissions, there's an overwhelming sense of despair.