The Australian sharemarket slumped in early trade as oil held its biggest gain in about a month, as uncertainty about the state of US-Iran peace talks lingers.

The sluggishness of the Australian economy has been confirmed, with weak productivity growth adding to the government's challenges.

Millions of workers will get the pay rise, after Fair Work raised modern award wages above the rate of inflation. Follow live.

Stan For a nation obsessed with professional sport, there is a surprising dearth of Aussie sports films. There have been, of course, a handful of memorable ones: The Club (1980), The Coolangatta Gold (1984) and, more recently, The Final Winter (2007). But apart from the low-budget 2024 film Life After Fighting – understandable if you haven’t heard of it, it made less than A$6,000 at the box office – Beast is the first Australian film to be set in the world of mixed martial ar

A decision on how much the minimum wage will increase will be announced this morning, affecting the pay packets of millions of Australians. Track the day's events and insights from our business reporters on the ABC News live markets blog.

Price growth across the national property market has ground to a halt, with steep falls in Melbourne and Sydney helping first home buyers into the market.

Shares or ETFs may now be more attractive than an investment property, particularly if the proposed tax changes proceed

From July 1 this year, all Australian businesses will have to pay their employees’ superannuation on the same day as they pay salaries. If you’re an employee, that means your employer’s super payment will need to reach your super fund within seven days of pay day. In the lead up to the change, the Australian Taxation Office has been encouraging employers to transition to “payday super” early . So you may have already noticed a change. Underpayment or failure to pay superannua

Pauline Hanson and her party One Nation have been dominating headlines after their recent electoral successes in South Australia and Farrer . A new national opinion poll has One Nation’s primary vote at 31% – up from 7% just two years ago. Not only are growing numbers of Australian voters openly expressing their support for One Nation, but the party, and its leader, are doing particularly well among Australian women . According to an April study by RedBridge and Accent Resear

Hill Street Studios/Getty Australia’s housing policy has come a long way over the past year, as the Albanese government tries to help more people buy their first home. Last October, the federal government expanded its Home Guarantee Scheme , removing income caps and opening the scheme to all first home buyers with a 5% deposit. Since then, it has also launched the Help To Buy shared equity scheme and announced major reforms to negative gearing and the capital gains tax discou

The United States hosted its first World Cup in 1994 . Soccer has changed dramatically in many ways since then – on and off the pitch. As the US (with Mexico and Canada) gets set to host the mega-event once again, more than anything, the tournament’s defining change since 1994 is its sheer scale-up. The scale-up This scale-up can be clearly quantified. The 1994 tournament featured 52 matches across 32 days with 24 teams. By contrast, the 2026 event (the first three-nation Wor

The One Nation leader, whose popularity has soared in the past 12 months, would be the first to say she doesn’t put too much stock in the numbers.

Tell a local you’re staying at the Europa and they’re bound to have a story to tell you about the property that withstood more than 30 bombings over three decades.

It feels like every time you try to so much as blink or draw breath right now, something new – and potentially stress-inducing – is happening in the economy.

One of Australia's most infamous "big things" could be moved to make way for a new supermarket in the NSW Southern Highlands.

Australians scammed out of A$3,000 or less could be able to claim automatic reimbursement from banks, phone companies or tech companies, under a new federal government proposal . Last year, there were 481,523 scam reports in Australia, worth A$2.18 billion, with a median loss of $400, a recent official report found. That was up 7.8% from the year before, but down since scams peaked at $3.1 billion in 2022 . At first glance, if the median scam amount was $400, being able to ea

New evidence pulled from the nation’s sewers reveals just how dominant the illegal tobacco market is – with up to four in five cigarettes now of the illicit variety.

After a five year break, livestock farmers in China will use Australian genetics to produce premium beef for traditional dining and hot pot markets.

Australia’s consumer watchdog has ordered online retailers to halt sales of a range of toys and games products - including chess sets - marketed for children that contain potentially deadly magnets if swallowed.

The major parties would dodge paying back donations from their investment funds if they have already spent the cash, under the government’s plan to restore campaign finance laws.