Business

The future of more than 1400 workers at two Nyrstar smelters in South Australia and Tasmania are at risk after no new bailout package was worked out on the final day of deadline, with SA Premier blaming China.

As cost-crisis weary households keep value front of mind amid higher fuel prices and threats of more interest rate hikes, there’s one supermarket winning shoppers’ dollar.

THE ECONOMIST: Markets are disconnected from reality and we are heading for the biggest global oil-supply shock in history, energy experts warn.

If you’re single and feel worse off financially than your coupled-up friends, you’re not wrong.

Sales growth at Coles has failed to keep pace with its arch rival as the grocery giant warns customers that suppliers are pushing for higher prices to offset the ripple effects of the war in the Middle East.

ANZ’s new cost-cutting chief executive has boasted that simplifying its banking business is paying off with a much stronger half-year profit following mass retrenchments during a time of global uncertainty.

Coles customers have been forced to make big changes to the way they shop at the grocer as they seek to reduce the financial blows stemming from the war in Iran.

Elon Musk has sparred with a lawyer for OpenAI during his third day of testimony in a trial over the firm's pivot away from its non-profit status.

Pressure is mounting for Jim Chalmers to sharpen the axe in his upcoming Federal Budget as economists from Deloitte warn years of revenue windfalls have ‘papered over’ structural flaws in the nation’s finances.

Australia’s banks, insurers and super funds have been warned by their regulator they are unprepared for the threat of AI-related fraud.

Jim Chalmers has hosed down speculation that his upcoming Budget will score a big revenue boost from tax reform and the Middle East war.

Woolworths boss Amanda Bardwell expects a ‘first wave’ of price rises in fruit, vegetables, milk and bread as she warns consumers are under ‘peak stress’ amid the cost-of-living crisis.

THE ECONOMIST: It’s dangerous work, but post-war reconstruction and diversification brings opportunities for the cowboys of the energy industry.

Jerome Powell capped off his eight-year tenure as chair of the Federal Reserve with the most divisive policy meeting in decades.

OpenAI's lawyers argue Elon Musk's lawsuit aims to undermine the company for his competing venture xAI.