Business news

• Gold Coast's two-speed property market is booming. Will it continue?

  08-12-2024 19:42 via abc.net.au
  
  Gold Coast property prices have outpaced every Australian capital city over the past five years. 
  
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• Live: ASX to recover, Nasdaq sinks as Nvidia leads Wall Street's tech sell-off

  13-01-2025 22:00 via abc.net.au
  
  The ASX is likely to recover some of yesterday's heavy losses, the Australian dollar continues to hover near a five-year low of 61.5 US cents, while the Nasdaq sinks after a sharp fall in tech stocks like Nvidia and Meta. Follow live.
  
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• Townsville to welcome biggest-ever cruise ship to 'embarrassing' CBD

  13-01-2025 20:44 via abc.net.au
  
  The Queen Elizabeth's arrival has been made possible by a major port expansion but business owners fear the state of the CBD will leave its 2,000 passengers with a sour taste.
  
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• 'No steelworks, no town': Whyalla's fight for a future

  13-01-2025 20:27 via abc.net.au
  
  While the steelmaking city of Whyalla is no stranger to struggle, the latest crisis is taking a severe toll on the population, who very much want to continue making steel for Australia but say they are "sick of having to be resilient".
  
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• In Australia's iron triangle, the steelmaking city is battling to survive

  13-01-2025 20:27 via abc.net.au
  
  While the steelmaking city of Whyalla is no stranger to struggle, the latest crisis is taking a severe toll on the population, who very much want to continue making steel for Australia but say they are "sick of having to be resilient".
  
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• Could high coffee prices trigger a boom for Aussie growers?

  13-01-2025 20:19 via abc.net.au
  
  Bad weather in key coffee producing countries has sent the price of beans soaring but Australian growers say capitalising on gaps in the market will be difficult.
  
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• Australian coffee growers struggle to capitalise as bean price soars

  13-01-2025 20:19 via abc.net.au
  
  Bad weather in key coffee producing countries has sent the price of beans soaring but Australian growers say capitalising on gaps in the market will be difficult.
  
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• Couple who ditched contents insurance after shock bill lose house in fire

  13-01-2025 19:55 via abc.net.au
  
  Stuart and Vikki Guy say they had recently cancelled contents insurance after their home and contents bill went from $1,800 to $6,000.
  
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• Odds of collapse for casino operator Star are shortening

  13-01-2025 19:52 via abc.net.au
  
  At casinos, the odds are never in a punter's favour. Now the chances of losing it all have been turned back onto one of Australia's biggest casino operators. How did the company get to this point?
  
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• Casino operator Star 'on its knees' as analyst predicts collapse

  13-01-2025 19:52 via abc.net.au
  
  At casinos, the odds are never in a punter's favour. Now the chances of losing it all have been turned back onto one of Australia's biggest casino operators. How did the company get to this point?
  
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• UK PM lays out bid to become AI 'world leader', starting with civil servants

  13-01-2025 14:12 via abc.net.au
  
  British Prime Minister Keir Starmer hopes to use AI to boost efficiency in the public sector from education to detecting potholes.
  
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• Broken Hill mine fire re-ignites, locals warned of possible toxic smoke

  13-01-2025 12:05 via abc.net.au
  
  An underground fire at a Chinese-owned mine in Broken Hill re-ignites and spreads to multiple levels, as nearby residents are warned to stay inside for their safety.
  
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• Who wins if the house loses? What’s next for the Star

  13-01-2025 09:19 via abc.net.au
  
  Star Entertainment has burned through $107 million in the past three months alone, with analysts warning they would be "lucky" to make it to February "without a lifeline".
  
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• Star casinos likely to stay open if company enters administration, analysts say

  13-01-2025 09:19 via abc.net.au
  
  Star Entertainment has burned through $107 million in the past three months alone, with analysts warning they would be "lucky" to make it to February "without a lifeline".
  
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• Residents complain of internet outages as operator put 'on notice'

  13-01-2025 04:37 via abc.net.au
  
  An internet wholesaler says copper vandals are to blame for a string of lengthy dropouts lasting up to 36 hours, but residents argue providers should have backup to keep networks connected. 
  
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• Internet operator 'on notice' over repeated lengthy outages in Cairns

  13-01-2025 04:37 via abc.net.au
  
  An internet wholesaler says copper vandals are to blame for a string of lengthy dropouts lasting up to 36 hours, but residents argue providers should have backup to keep networks connected. 
  
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• Crewmates 'very troubled' as worker still missing from Rio Tinto ship

  13-01-2025 03:26 via abc.net.au
  
  Questions remain over the disappearance of 44-year-old Filipino deck fitter Gel Aguaviva, who went missing on board the RTM Zheng He on Boxing Day.
  
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• 'Obscenely expensive' wholesale gas prices driving manufacturing offshore

  13-01-2025 02:17 via abc.net.au
  
  Australia has a wealth of coal and gas resources as well as renewable energy, so why are energy costs so high — especially for manufacturers?
  
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• Manufacturers call for gas exporters to be reined in as energy costs triple

  13-01-2025 02:17 via abc.net.au
  
  Australia has a wealth of coal and gas resources as well as renewable energy, so why are energy costs so high — especially for manufacturers?
  
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• Could an east coast gas reservation scheme bring down energy prices?

  13-01-2025 02:17 via abc.net.au
  
  Australia has a wealth of coal and gas resources as well as renewable energy, so why are energy costs so high — especially for manufacturers?
  
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• Calls to close major WA tourism attraction to save 'hounded' penguins

  12-01-2025 22:06 via abc.net.au
  
  Conservationists are calling for Penguin Island to be closed to visitors to allow the dwindling little penguin population to recover, but the state government insists the decline is due to climate change and not tourism.
  
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• Live: Wall Street sell off to spread to ASX

  12-01-2025 21:34 via abc.net.au
  
  The ASX is set for a sharp sell-off after US jobs data crunched Wall Street. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Australian dollar near five-year low, ASX to fall

  12-01-2025 21:34 via abc.net.au
  
  The ASX is set for a sharp sell-off after US jobs data crunched Wall Street, while the Aussie dollar hit lows last seen in 2020. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: Australian dollar near five-year low, ASX tanks

  12-01-2025 21:34 via abc.net.au
  
  The ASX has opened 1.2 per cent lower after US jobs data crunched Wall Street, while the Aussie dollar hit lows last seen in 2020. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• Live: ASX loses more than 1 per cent as bank stocks tank

  12-01-2025 21:34 via abc.net.au
  
  The Australian share market falls sharply after US jobs data crunched Wall Street, while the Aussie dollar hit lows last seen in 2020. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 
  
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• ASX loses more than 1pc as bank stocks tank — as it happened

  12-01-2025 21:34 via abc.net.au
  
  The Australian share market lost 1.2 per cent as banks were sold off while the Aussie dollar hit lows last seen in 2020. Here's how the day's trade unfolded, with insights from our business reporters, on the ABC News markets blog.
  
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• Nearly a million Australians work two or more jobs as inflation bites

  12-01-2025 19:42 via abc.net.au
  
  More people than ever before are picking up multiple jobs as the high cost of living pushes Australians to take on extra work, but the tax office warns people not to get caught out and know their obligations.
  
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• 'Constantly chasing my tail': More Aussies get second job

  12-01-2025 19:42 via abc.net.au
  
  More people than ever before are picking up multiple jobs as the high cost of living pushes Australians to take on extra work, but the tax office warns people not to get caught out and know their obligations.
  
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• Qld towns still waiting for public EV chargers years after promise

  11-01-2025 23:26 via abc.net.au
  
  Electric vehicles represented almost one in 10 vehicle sales in 2024 but regional Queensland drivers are frustrated by the lack of public chargers.
  
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• Why a purchase from a beauty shop left Katherine 'breaking down'

  11-01-2025 21:11 via abc.net.au
  
  Consumers have accused Melbourne beauty store Botanifique of aggressive sales tactics that led to them to spending hundreds or thousands of dollars on products.
  
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