Business
Latest business coverage from Australian National News
Australian farmers embrace regenerative practices with growing optimism
A comprehensive report shows Australian farmers are increasingly adopting innovative land management practices, signalling a significant shift in agricultural approaches.
5 June 2026RBA Chief Dismisses Stagflation Fears Despite Geopolitical Risks
RBA Governor Michele Bullock has ruled out concerns about stagflation and wage-price spirals in Australia, though geopolitical tensions remain an economic headwind.
4 JuneAI reshapes Australian jobs market as human skills gain value
Australia's labour market faces disruption from artificial intelligence, with some roles declining while demand grows for workers combining technical expertise with uniquely human capabilities.
4 JuneIconic Boag's brewery to close after 145 years in Tasmania
James Boag's, one of Australia's oldest breweries, will cease production in November, with industry experts citing rising costs as a key factor in the shutdown.
2 JuneCBA boss urges rethink on capital gains tax reform scope
Commonwealth Bank chief Matt Comyn has called for capital gains tax changes to be limited to passive assets like residential property rather than applied broadly.
26 MayBHP shelved billions in climate projects despite pledges
Mining giant BHP has quietly abandoned ambitious plans to cut emissions at its Western Australian operations, according to leaked documents obtained by the ABC.
25 MaySpaceX files record IPO bid that could make Musk world's first trillionaire
Elon Musk's SpaceX has lodged paperwork for the largest initial public offering in history, potentially propelling the entrepreneur toward becoming the world's first trillionaire.
21 MayContainer depot operator sues for $5m over worker exploitation claims
A Queensland container depot operator has launched a Federal Court claim for over $5 million against the government-appointed administrator of the Containers for Change scheme.
21 MayForrest's $70m Ningaloo resort gets final green light
Mining magnate Andrew Forrest has secured final development approval for his $70 million Ningaloo Lighthouse Resort near Exmouth after a decade-long planning process.
14 MayDarwin firm's $50m plan to produce diesel from gas condensate
A Northern Territory chemical recycling company plans to convert gas condensate, a by-product of the LNG industry, into diesel fuel in a significant domestic energy initiative.
12 MaySA Premier warns of Whyalla steelworks crisis as blast furnace stays idle
South Australia's Premier Peter Malinauskas expresses serious concern over the extended shutdown of Whyalla steelworks' blast furnace with no clear restart timeline.
8 MayAustralian designers abandon fight against Shein copying
Small Australian fashion designers are giving up efforts to combat intellectual property theft by fast-fashion giant Shein due to prohibitive time and resource costs.
6 MayChina's Oil Security Strategy Shields Against Hormuz Crisis
China deploys a two-pronged strategy with diverse suppliers to protect itself from Middle East oil supply disruptions amid escalating regional tensions.
1 MayUAE quits OPEC in historic split for global oil alliance
The United Arab Emirates withdraws from OPEC, signalling a major fracture within the influential commodity group and exposing divisions among oil producers.
29 AprHackers steal $3.7m from Sri Lanka's Australian debt payments
Sri Lanka's finance ministry confirms a cyber breach, with hackers stealing $3.7 million earmarked for debt repayment to Australia.
24 AprSmelter Workers Get Reprieve, But Uncertainty Looms
Australian manganese smelter workers secure three weeks paid leave through government rescue package, yet concerns about long-term prospects persist.
23 AprGeelong refinery fire could spike Victoria petrol prices
A major fire at Australia's Geelong oil refinery threatens fuel supply disruptions and price increases across Victoria and nationally.
16 AprTicketmaster and Live Nation ruled guilty of anticompetitive monopoly
A US jury has found that concert promoter Live Nation and ticketing subsidiary Ticketmaster maintain a harmful monopoly over major concert venues.
16 AprVirgin Australia cuts domestic flights as fuel costs soar
Virgin Australia is reducing domestic flight capacity as aviation fuel prices surge by up to $40 million due to Middle East tensions.
15 AprQueensland tourism at breaking point as operators face closure
Queensland's tourism industry warns it has reached a critical tipping point, with operators struggling under mounting cost pressures without immediate government support.
8 AprVegan leather's eco-friendly promise masks complex environmental truth
Fashion and automotive industries market vegan leather as ethical, but researchers warn sustainability claims often obscure its complicated environmental impact.
7 AprAACo escapes formal probe into mass cattle deaths
Queensland regulators have declined to formally investigate the deaths of over 100 cattle from Australian Agricultural Company after receiving reassurances from the luxury beef producer.
7 AprOutback pub's Easter tourism collapse blamed on fuel prices
The iconic Pink Roadhouse in remote South Australia recorded one of its worst Easter breaks with only two visitors, as high fuel costs deter travellers.
6 AprQld care sector CEOs paid up to $679k as sector grows
Senior executives in Queensland's residential care sector earn over $679,000 annually while providers invest public funds in alternative assets like gold and cryptocurrency.
4 AprNBL owner walks away from Hobart waterfront development
National Basketball League owner Larry Kestelman signals he may abandon his bid to develop Crown land at Wilkinsons Point in Hobart after negotiations stall.
1 AprSeafood industry faces crisis as fuel costs threaten closures
Australia's seafood operators warn soaring fuel prices could force major closures unless government provides substantial relief ahead of Easter.
1 AprBank of America pays $105m to settle Epstein abuse lawsuit
Bank of America has agreed to pay $105 million to settle a civil lawsuit from women who accused the bank of facilitating sexual abuse by Jeffrey Epstein.
28 MarPastoral firm copped record $45k fine for cattle smuggling
A Queensland pastoral company has been fined a record $45,000 for illegally moving thousands of cattle across state lines without proper documentation.
24 MarWA bridge weight limits threaten food and fuel supplies
Water Corporation's reduced vehicle load limits on 26 South West bridges risk disrupting regional farming operations and supply chains.
24 MarACCC launches formal investigation into fuel supplier conduct
The Australian Competition and Consumer Commission has announced a formal investigation into allegations of anti-competitive conduct by major fuel suppliers.
19 Mar