Today
Greens join push to scrap junior worker pay rates
The Greens would push a second term minority Albanese government to abolish lower rates of pay for young workers in retail, fast food and pharmacy.
- 33 mins ago
Yesterday
Labor targets supermarket ‘shrinkflation’
Changes to unit pricing rules have been designed to help consumers avoid a hidden form of inflation.
Double dissolution election threat ‘serious’: Labor
Labor is preparing to reintroduce its stalled shared equity housing bill into parliament next week, in an attempt to increase pressure on the Greens.
This Month
Big-box chains not like Coles and Woolies, business warns MPs
Furniture giant IKEA says its business model did not allow deceptive price setting and it treats suppliers of live plants and food market items co-operatively.
Sex work, yoga and cuddle therapy banned from NDIS spending
The list of approved and banned services for participants in the scheme comes into effect on Thursday, with a one-year transition period.
Chalmers digs in on negative gearing advice
Treasurer Jim Chalmers again hedged when questioned if he had asked officials to model changes to tax concessions for property investors.
- Updated
September
Competition watchdog gets $30m boost for supermarket probe
The Australian Competition and Consumer Commission will receive a $30 million funding boost to investigate misleading and deceptive pricing practices.
Palmer-proof election donations reform plan looms
Labor is close to finalising plans to overhaul Australia’s electoral laws, including new rules for real-time political donation disclosures.
Australia favourite to host COP31 climate talks
A growing coalition of countries is backing Labor’s plans for the 2026 summit to be hosted in concert with Pacific countries.
ACCC supermarket case won’t hurt view of big business: AFR readers
Allegations Coles and Woolworths misled consumers with fake discounts have not significantly undermined confidence in big business generally, according to a new poll.
Keep Bunnings and Chemist Warehouse out of supermarket wars: industry
As Labor considers tough powers for retailers abusing market share or mistreating suppliers, the food sector has warned against expansion of a key code of conduct.
Australia’s 10 most powerful people in 2024
There are three new faces on the Power list – plus some big swings in the ranking.
Woolworths and Coles could be ‘innocent’: Samuel
Graeme Samuel says the higher prices charged by the two major supermarkets could have been caused by suppliers, as the ACCC found the retailers have increased their earnings and operating margins over the past five years.
A Trump win would tank the US dollar: Hockey
America represents the world’s greatest sovereign risk for investors and overseas economies including Australia, the former ambassador and treasurer has warned.
- Exclusive
- Rich families
Rich Lister wealth secrets revealed after 30-year loophole ends
Two years after removing an exemption that allowed Australia’s richest families to keep details of their private companies secret, their financials are filtering through.
The 10 most covertly powerful people in Australia in 2024
Those who wield the most clout behind the scenes in the nation’s business and politics.
ADF prepares land and air capability for possible Lebanon evacuation
Foreign Minister Penny Wong has warned evacuation operations will not be able to accommodate all of the up to 30,000 Australians in the region.
A quick guide to the politics of housing tax breaks
Anthony Albanese won’t be the last political leader to mull changes to negative gearing and the capital gains tax discount, and he certainly is not the first.
Woolworths, Coles price manipulation claims come at tough time for BCA
Liberal and Labor MPs say that the claims against the supermarkets undermine corporate Australia’s efforts to position itself as a critical plank of prosperity.
Aldi the big winner from Woolworths and Coles price gouging backlash
Investment banks warn of huge penalties and reputational damage after the ACCC alleged the supermarkets advertised specials that were cheaper weeks earlier.