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APRA boss Byres to stand down early from bank regulator

The head of Australia's bank regulator will end his term almost two years early, announcing he will step down from his role at the end of October.
A head-and-shoulders shot shows a middle-aged white man in a dark suit and red tie with short cropped dark hair

Wall Street a mixed bag ahead of rate hike decision, ASX rising

Australian shares are rising on Tuesday, despite Wall Street wavering ahead of another likely rate hike later this week.
A blurred photo of the share trading boards at the Australian stock exchange

ASIC has been trying to shut down this 'predatory' lender for years. Is it finally about to succeed?

ASIC is investigating whether a third lending model set up by "predatory" payday lender Cigno is legal, while the company takes its fight to be exempt from credit laws to the High Court. 
Laura Platt

The last time inflation got out of control 'it ended badly'. So what's likely to happen this time?

Inflation is the highest it has been in decades, and is set to rise further. But how is it measured, what is behind the price rises and how will the Reserve Bank get it back under control?
A woman is choosing fruits at supermarket.

Farmers beg Aussies to eat their way through avo-lanche of avocados

Smashed on toast, tossed in a salad, or blended in a smoothie; whichever way you eat your avos, farmers are pleading for you to eat more of them.
A big pile of avocados lying on the ground.

Gold coins as currency in African nation where many can barely afford bread

In an audacious bid to tackle hyperinflation the African nation launches gold coins as currency, but for the average citizen a loaf of bread can be costly, so the coins are largely out of reach.
A reserve bank of Zimbabwe offical holds a sample of a gold coin

analysis: A new deal between Ukraine and Russia may show a path to the end of the war

While the Russian attack on Odesa is hardly an auspicious beginning and is indicative of the lack of trust between the belligerents, there are some important takeaways from the agreement, writes Mick Ryan.
Grain terminal view as grain pours out of machine onto pile.

The supply chain to our supermarket shelves is under major stress. Here's what the trucking industry suggests

Queensland-based truck driver Corrina Riley says more women should consider a career in trucking, as the industry grapples with driver shortages and increasing freight demand.
A woman with her arms folded stands in front of a truck.

Morrison government 'failure' to consider owl scuttles Chinese-owned mine plans

A Federal court finds the Morrison government's approval for a tailings dam in Tasmania's wilderness area is invalid, prompting calls for people arrested during protests there to be compensated as "citizen heroes".
An aerial view of a tailings dam in forest and an inset photo of a masked owl.

Latest business news

Baggage handlers, ground crew threaten strike action prompting fears of further airport delays

Long queues, flight cancellations and baggage delays at major Australian airports could worsen, with "chronically overworked" ground crew threatening strike action over pay and working conditions. 
A man wearing shorts and sneakers wheeling a suitcase behind him.

Truckies rocked by suicide trauma fight red tape for compensation

Truck drivers who experience tragedy while on the job are unable to access compensation due to a loophole.
Posted Updated
Trucks and cars travelling along a road, with rolling country hills in the background.

Russia's Gazprom slashes gas supply to Europe again

Russia's state-owned gas supplier cuts supplies through the Nord Stream 1 pipeline to just 20 per cent of capacity due to alleged maintenance issues — an explanation rejected by main importer Germany.
Pipes at the landfall facilities of the 'Nord Stream 1' gas pipeline in Lubmin, Germany

live: NSW: Sydney house prices fall at fastest rate in 40 years

MORNING BRIEFING: Sydney house prices have slipped 1.9 per cent over the past month as interest rate hikes have taken a toll— the fastest rate of decline in 40 years.
Auction sign on house replaced with sold sign

'My second was up': Woman recounts how she survived two crashes at the same notorious freeway intersection

An Adelaide woman who escaped twice in eight years horrific crashes at the bottom of the South Eastern Freeway wants to see changes to make the notorious intersection safer.
A woman wearing a scarf and red top sitting on a couch inside a home

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Business Analysis


analysis: Why your super may not be worth as much as you think

By business editor Ian Verrender
While super funds have fared better than most investments over a turbulent past year, Australians may need to face up to the fact that their retirement assets are worth considerably less than they think, writes business editor Ian Verrender.   

analysis: It's the last taboo in central banking. So will the RBA review look at how money is created?

By business reporter Gareth Hutchens
The RBA review would be the perfect place to think about the central bank's ability to create money, writes Gareth Hutchens

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