Key bills question left unanswered
Energy Minister Chris Bowen and coalition spokesman Ted O’Brien have held a testy debate on the key policy ahead of the May 3 election.
Manufacturing
ASX rockets up after Trump tariff backflip
US President Donald Trump’s wild backdown on tariffs has lifted Wall Street and sent the Australian sharemarket shooting up.
Woman makes $8m from ‘unreal’ idea
A Brisbane woman‘s “unreal” idea has left her on track to make $8 million this year with her range of sustainable swimwear.
Turnbull mocks Trump in brutal take-down
Malcolm Turnbull has mocked Donald Trump in a pugnacious address to the National Press Club, saying Aussies need to stand up the ‘billionaire bully’.
ASX seesaws in trade on Monday
The Australian ASX200 has seesawed as markets await major economic updates, including just what Donald Trump will do next on tariffs.
Call for CFMEU-linked $5.5m grant probe
A $5.5m grant linked to the criminally infiltrated CFMEU needs investigation, shadow federal Attorney-General Michaelia Cash says.
Fresh warning as China sparks arms race
A massive arms race is sweeping the Asia-Pacific region as countries like Australia grow alarmed over the China threat.
‘Never negotiate’: Pushback on US tariff threats
Anthony Albanese has made a major election promise that would bolster one aspect of Australian life he calls “the envy of the world”.
‘Hurt us’: Aus Trump measure could backfire
Patriotic ‘Buy Australian’ feeling emerged on ABC’s Q+A on Monday night, with the domestic steel industry at the centre of the debate.
How China’s ‘dark factories’ will take over
A clip from inside a factory in China has given us another uneasy glimpse into the future of employment as artificial intelligence takes hold.
‘Stop’: Qantas boss’ dark warning to Aussies
Qantas chairman John Mullen has issued a stark warning that our way of life could simply “stop” in a serious international emergency.
Climate campaigner defends ritzy private jet
An Aussie billionaire and ardent climate change campaigner has just bought a private jet, but says he feels a ‘deep internal conflict’ about it.
ASX 200 snaps three day losing streak
Australia’s sharemarket snapped a three-day losing streak on the back of the major miners, as the price of gold and iron ore climbed throughout the trading day.
Lambie slammed for wild Pine Gap threat
A former top Canberra boffin has blasted a call from senator Jacqui Lambie to use Australia’s Pine Gap intelligence asset to hit back at Donald Trump.
Thousands of cars recalled over fire risk
Hyundai have recalled about 9000 vehicles after authorities found a manufacturing defect in one of the car’s systems could cause a fire.
Eye-watering amount owed by Aussie retailer
A final nail has been driven into an Australian retail giant’s coffin, as those tasked with combing through the books tally a staggering amount of debt.
Albo’s $2.4bn lifeline for embattled steelworks
The federal and South Australian governments have come to the rescue of the embattled Whyalla Steelworks.
‘Irredeemable’: Aussie giant’s shock collapse
The South Australian government has forced to act against major steelworks, leaving a 1000-strong workforce in limbo.
Aussie winner from Trump’s tariff
An Australian business could be a major winner from Donald Trump’s steel tariff even if the country is not spared from the controversial levy.
Grim reality of super raid for homes
Peter Dutton’s major home ownership offer to Australian voters would actually drive up house prices and slash home ownership, an analysis shows.
‘Highest priority’: Billionaire’s pledge to Whyalla
A major Australian steel producer’s international tycoon owner says his company is making “tangible financial headway with our creditors”.
Twist in Australia’s Trump tariff saga
A proclamation signed by Donald Trump has revealed a surprise issue, hours after the PM asked the President for an exemption on steel and aluminium exports.
‘Stand up’: Turnbull’s Trump advice to PM
Malcolm Turnbull says Australia should not expect the US to not impose tariffs just because of the “special relationship” between the countries.
Trump makes huge call on big Aussie deal
President Donald Trump has revealed where he stands on a major partnership with Australia after the Albanese government delivered a $798m payment.
Warning over mass Aussie skill shortage
Alarm bells have been raised over fears Australia will face a mass skill shortage across key industries, unless slipping education standards are halted.
‘Back on track’: Dutton’s new ad pledge
Opposition Leader Peter Dutton has attempted to show off a softer side to his political personality by debuting a new ad where he promises to get Australia “back on track”.
Major defect affecting thousands of cars
Thousands of cars made by a popular manufacturer have been recalled over a major defect – just days after a similar warning affecting thousands of other vehicles was sent out.
Reason 4700 cars sold in Australia recalled
One of Australia’s most-purchased car makers has been forced to recall more than 4700 cars over a potentially dangerous issue.
ASX jumps after volatile day of trading
The Aussie sharemarket closed up on a strong day of trading, as investors factor in the new US President and how his proposed tariffs will impact the market.
Crucial deal could end NSW rail chaos
After an ongoing pay dispute led to transport chaos across Sydney, a crucial deal that could end the standoff between the unions and transport officials seems closer.
’Grave concerns’: Australia’s hidden shame
Products that the US deem inhumane – because they are coming from forced labour camps in China – are entering Australia.
Grim outlook for worker lost at sea
A crew member of a Rio Tinto ship that was en route to Australia remains missing nearly three weeks after he disappeared at sea.
Iconic cars in legal crosshairs
Iconic cars of yesteryear and some of the most common work cars on Australian roads today are the target of a new lawsuit, levelled against Holden owner General Motors.
‘Called out’: Foreign firm killing Aussie icon
A state government has laid down the law to the overseas owners of a well-known Australian brand, accusing the firm of wanting to shut it down.
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Coke supply threatened for Christmas
Christmas could be a little flat as Coca-Cola factory workers go on strike on Thursday for a second time this month.
ASX trades flat ahead of US rate cut
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
ASX falls to fresh four-week low
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
Historic first for Aussie space industry
An Australian company has been given first-of-its-kind approval to launch a rocket out of a small Queensland town.
Aussie climate goals ‘within reach’
The state and territory emission reduction targets in place can give Australia a “springboard” to stronger climate goals, new research finds.
Retail gives ASX a bump up
The gift-giving season has shunted the ASX to a marginal gain on Monday as oil uncertainty buried many of the big players.
91 per cent chance of this interest rate call
Mortgage holders and business owners should not hold their breath for any interest rate relief on Tuesday.
‘97 times’: Albo’s reminder of broken promise
As the federal election looms, Peter Dutton has used a three-year anniversary to attack Anthony Albanese over a broken promise.
‘Sold out’: Greens lashed on housing
The Greens have been accused of selling out in agreeing to back Labor’s Help To Buy bill, with the Liberal Party vowing to repeal the law if they win the election.
Aus clothing empire collapses owing $250m
A huge Australian clothing conglomerate is in voluntary administration, owing nearly $250m.
State’s crackdown on ‘dodgy’ builders
One Aussie state has made a huge move to crack down on unregistered tradies ripping off homeowners – urging people to “dob” them into an anonymous tip off line.
Concerns before man crushed to death
A union says safety concerns at the site of a fatal turbine incident were raised with builders before a man was crushed by a fan blade.
How Aussies can dodge Trump’s tariff threat
An expert in international relations has offered some blunt advice to Australian policymakers on how to avoid potentially damaging Trump tariffs.
Horror reason worker crushed to death
A court has been told of an Aussie company’s fatal safety flaw which led to a worker being crushed to death under two 600kg stones in a horrific accident.
Grim reality for female tradies laid bare
Australia has slim hopes of building the houses we desperately need if 10 per cent of female tradies keep being harassed out of the construction industry.
Premier under fire for act before $5bn sale
The New South Wales Premier met with his friend of 20 years – a racing executive – for a ‘meet and greet’ shortly before a massive $5bn racetrack sell-off was announced.
China spooks ASX from record high
The ASX 200 has fallen from a record high, as investors are disappointed with the economic growth of Australia’s largest trading partner.
Love child’s win in billion-dollar fortune fight
The love child of late packaging billionaire Richard Pratt has scored a win in her battle to claim part of his family’s multibillion-dollar fortune.
‘Risk of death’: Grim call on Temu items
Toys from a cheap overseas retailer can quickly turn deadly for children, a consumer group has found.
Markets rise on Chinese stimulus rumours
The Australian share market rose to a near record high off the back of Chinese stimulus package rumours and a better than expected global economic outlook.
Mega Aussie wind farm switched on
What’s set to be the biggest wind farm in the southern hemisphere has been switched on in country Victoria.
‘Dark hole’: Big issue in rise of smart cars
The threat of foreign EVs being remotely controlled on Australian roads is unlikely, but the computers on wheels are still listening and watching everything we do.
200 new suburbs hit in house price chaos
Australia’s relentless house price growth has pushed a sweep of new suburbs into the million-dollar value club. Here are the new elite members.
Big electricity plan for one Aussie state
Hot on the heels of promising state-owned petrol stations, one premier fighting for his job has made another huge pledge.
Major company conducting sickie checks
Tesla is facing fresh controversy after managers made a controversial move to sick workers.
‘I’m not a moron’: Barnaby fires up over EVs
Barnaby Joyce has clashed with a senior Labor MP about the possibility of China controlling its electric vehicles in Australia.
‘Malevolent:’ Barnaby’s call on Chinese EVs
The Nationals firebrand has stoked fears the technology could be used for “malevolent purposes,” pointing towards Israel’s deadly pager attack on Hezbollah.
ACCC whacks energy giant with $14m fine
A corporate giant has copped a $14m fine for misleading customers over prices.
Common item smashing Aussie wallets
Despite more EVs and people working from home, Australian fuel prices increased at double the rate of inflation in the 12 months to June.
One thing leaving Aussie companies on edge
Aussie brands have united to take on global retail behemoth Amazon in a four-day shopping event promising to save consumers big bucks.
‘Aussie Owned’: Mum calls for new food label
Aussies love supporting homegrown products, but one mum warns that the widely recognised “Australian Made” logo is not what it seems.
Shock pic exposes popular KFC item
A customer has taken to Facebook to vent about the fast food giant after making a huge discovery.
Major issue in solving Aussie housing crisis
With Australia’s housing crisis ever-worsening, one group has revealed the 130,000-strong gap stopping it from being solved.
‘Confident’: Albo’s big claim after Biden chat
Prime Minister Anthony Albanese has made a strong statement about the future of a multi-billion dollar investment after meeting with US President Joe Biden.
State’s shock social housing figure
A year ago, one Australian Premier said the ‘status quo is not an option’ as he unveiled a major housing plan. Since then rents are up 13 per cent.
Aussie shares flat before pivotal Fed moment
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
$290m shake-up to ease cost of power bills
One state has committed another $290m to get more solar panels onto homes and businesses, with the ultimate aim of bringing energy bills down.
‘Dividend deluge’ amid cost-of-living crisis
As Australia’s biggest companies do all they can to cut costs, the corporate juggernauts are pulling back profits to pay shareholders.
Insane scenes rock massive CBD protest
Insane scenes have dominated the final day of anti-war protests in the heart of Melbourne, including one alleged act where a woman cemented herself in a car.
State’s bold plan for housing crisis
One state government is eyeing a bold new idea as it desperately tries to get more houses built.
‘Sputtering’ China weighs down miners
The financials and energy sectors have dragged the ASX to a winning day as Chinese woes weigh heavy on Australian miners.
45 houses unfinished as builder goes bust
Houses in one major city have been left unfinished as a builder that was serving a suspension is put into liquidation.
Energy stocks lead to dip in ASX
The Australian share market fell again on Thursday, after a poor start thanks to Wall St, as several big name companies report results.
Major milestone in nuke subs dream
A major milestone has just been hit in Australia’s ambition to acquire nuclear-powered submarines.
Huge cost of cyber attack revealed
Small Aussie businesses have glaring holes in their cyber security, and it’s costing them dearly as tougher penalties take effect.
Original URL: https://www.news.com.au/finance/business/manufacturing