The latest December - quarter national economic figures showed the Australian economy expanded by just 0.2 per cent. Governor Michele Bullock will hold a press conference at ... ...

Boral (ASX:BLD) rejects Seven Group's (ASX:SVW) takeover offer

Boral's bid committee said shareholders should take no action after an independent expert engaged by the company concluded the offer was "not fair and not reasonable". The independent expert, advisory firm Grant Samuel, settled on a fair value ... ...

Power bills: How Australian Energy Regulator caps will affect you

It applies from the next financial year, starting in July, and sets a maximum price on bills retailers can offer households and small businesses. Customers may be able to negotiate a better deal with the retailer. Here's how ...

Commodities: Why metals will shrug off history's greatest property crash

They continued to collapse to roughly a quarter of their maximum level by 2011. Things have been very different in China. Two years after the market started to crack in 2021, completions last year were down less than 1 per cent from their peak. ... ...

Ukraine envoy slams ABC over 'bowl of vomit' documentary

Ukrainian ambassador to Australia Vasyl Myroshnychenko said the program, titled Ukraine's War: The Other Side , "unquestioningly repeated and aired countless blatant lies, historical distortions, racist claims and propaganda narratives ... ...

Australia class divide must change to improve economy

While diversity in gender, culture and sexuality have become more prioritised in workplaces and leadership positions, socioeconomic disadvantage remains a hidden anchor. Character - building? Maybe, but when you hire for a job, do you give ... ...

This business owner brought most of her manufacturing home from China — and feels punished for it

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The company's flagship product is a couch for children made of pieces that can be easily taken apart and reassembled for play. Sara Feldstein founded the company in Markham, Ont., in 2021 and initially produced the couches entirely in China. As ... ...

Crafts retailer Joann files for Chapter 11 bankruptcy protection

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Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary ... ...

Qantas, Transport Workers Union head to court to discuss compensation

Of the 1683 ground workers, 716 were members of the union at the time they were outsourced. However, Lee said he had made it clear he had no intention of sitting through multiple compensation hearings and questioned why Gibian had not raised ... ...

China's hypocrisy when it comes to TikTok is stunning

If it happens it is going to be a huge sale, and one that will reshape the social media industry. With 1.7 billion users globally, Byte Dance's TikTok is by far the most successful new internet product of the past decade. Last week the US House ... ...

Australia's $63.6b shopping cart: Here's how your generation spends money online

Several interest rate rises and high inflation meant many Australians struggled to cope with rising mortgage, rent, electricity bills and grocery prices. For the first time in five years, spending on non - discretionary items (which grew 10.7 ... ...

Childcare as transformative as Medicare, public school, says business leader

The Productivity Commission will later this year release its report into how the government could chart a course towards universal, affordable early childhood education and care. Its draft report showed about 8 per cent of the country had ... ...

Markets today: Wall Street falls again, ASX set to retreat

Miners (up 0.3 per cent) and utilities (up 0.3 per cent) helped limit the benchmark's losses. IGO (up 3.2 per cent), South32 (up 2.3 per cent) and AGL (up 1.6 per cent) weighed in to support the key index. TechnologyOne (up 2.3 per ... ...

Federal budget 2024: Anthony Albanese and the Australian economy

For example, a big lump of the feds' spending on education is devoted to achieving the Howard government's goal of enhancing parents' choice of which school to send their kids to. When the callithumpians decide to build their own schools, so ... ...

Nuclear energy doesn't make economic sense in Australia, Peter Dutton

It claims this is economically sensible. But, as two economists with extensive experience in energy economics and no horse in the race, we can assure you it isn't. We believe a thoughtful person should be able to hold these ideas in their ... ...

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