Proof of how far off target Australia is
Australia remains behind its ambitious target of 1.2 million new homes by 2029 despite a bounce in new housing approvals in December.
Companies
Qantas drops huge sale as airline wars heat up
Qantas is offering 400,000 discounted seats across its global network, as Australia’s airline price wars take a new turn.
Major turnaround in Aussie habit
Aussies have returned to the stores on the back of cost-of-living relief, lifting consumer spending for the first time in nearly two years.
Aussie banking boss drops bombshell
Former Queensland Premier Anna Bligh will retire from her role in the Australian Banking Association after eight years of lobbying for the major banks.
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How Temu took down Aussie pioneer
International retailers are drawing consumers in by offering cheap products and low shipping costs, but their meteoric rise is coming at the expense of local businesses.
Fresh calls to ditch hidden booze tax
The price of a pint will rise again next week, sparking new calls to remove the tax amid concerns it only punishes both producers and pub-goers.
Property prices fall for second month
Property prices continued to slide in January across nearly every capital city, but buyers are being urged to act quickly as the downturn could be short-lived.
Crowds lose it over pop-up at Aus Open
A chicken shop that reached cult status in Sydney’s west was a surprising addition as a pop-up at the Australian Open. Here’s what it says about our nation.
TV shows behind the ‘set-jetting’ phenomenon and where to head
What do vintage shops, Netflix, stargazing and AI have in common? All are expected to influence where we holiday in 2025.
ASX 200 rises 0.5pc to record close; Origin down
A strong day for Aussie shares as the ASX 200 rises 0.5 per cent to a record high close at 8532.3. Origin cuts APLNG guidance. Citi upgrades BlueScope. Rinehart lifts Lynas stake. Broker upgrade for Zip. Lendlease selling Capella. US probing if DeepSeek used Nvidia chips. Trump advisors hunt for deals as Canada, Mexico tariffs loom.
Island getaway’s $28m staff shame
Operators of a popular island hideaway have been ordered to pay staff an eye-watering amount after they were underpaid for years.
Last of big four banks updates rate cut tip
All four of the big banks now agree on when the Reserve Bank board will cut interest rates following welcome inflation data this week.
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