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Business, Economics and Finance

Barbie has reached the 'Barbillion' milestone. Experts say its marketing was a 'masterclass'

Just three weeks after its release, Greta Gerwig's Barbie has collected more than $1 billion at the global box office — and it's on track to become the biggest movie of the year.
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A blonde white man wears a pink shirt, while riding in the back of a pink car driven by a white blonde woman in a pink outfit.

Perth drinking water concerns could trigger Alcoa environmental review

Alcoa could have its current plans to mine assessed by WA's environmental watchdog for the first time in history, following drinking water concerns.
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Aerial shot of a large dam

Whistleblowers tell ABC that KPMG overcharged Defence

The accusations pitted against the consulting firm include submitting inflated invoices and billing the federal government for hours never worked.
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Duration: 4 minutes 42 seconds

ASX follows Wall Street lower, as job ads show there is still plenty of work available — as it happened

The ASX followed modest falls on Wall Street on Friday. US markets eased on a slowdown in job creation, although Australian data show there are still plenty of jobs being advertised here. Here's how the trading day unfolded.
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ASX in Sydney

analysis:Class actions are meant to help level the playing field. So how did this one go so wrong?

After a decade, retirees who lost money in the collapse of Banksia Securities Limited are a step closer to getting their money. But the story remains an epic tale of the rich and powerful exploiting their standing to rip off the vulnerable, writes Adele Ferguson.
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Hundreds of Banksia Securities creditors met in Kyabram, Shepparton and Ballarat.

analysis:What the fall in the Australian dollar tells us about the future of interest rate rises

The Reserve Bank's mission to bring inflation down to its target range of between 2 and 3 per cent appears to be on track, but how confident of this can we be? Movements in the Australian dollar give us some clues, writes David Taylor.
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auction sign out from of two storey home

Friday Finance with David Chau

The Reserve Bank is forecasting a 'per capita recession' with inflation to remain higher for longer, while the Australian share market edged slightly higher.
Duration: 1 minute 44 seconds

News in 90 Seconds

Business in 90 Seconds
ABC News Video
Duration: 1 minute 30 seconds

News in 90 Seconds

Business in 90 Seconds
ABC News Audio
Duration: 1 minute 30 seconds

The rates warning from one of the country's leading economists

NAB cheif economist Alan Oster says he's worried there may be more interrest rate rises on the way.
Duration: 5 minutes 7 seconds

Australia's space industry 'in limbo' after key programs axed

Australia's space industry is warning the sector is "in limbo" and facing an uncertain future after the axing of several key space programs.
The Ares 1-X test rocket lifts off from Kennedy Space Centre

What corporate reporting season tells us about the economy's future

Australia's biggest companies are detailing the impact cost-of-living pressures and high interest rates have had on their bottom line. Analysts say the results will give an early warning sign as to where the economy is heading.
Duration: 3 minutes 23 seconds

Thursday Finance with Alan Kohler

Both the Australian dollar and the local sharemarket kept on heading south.
Duration: 1 minute 30 seconds

PNG declares national emergency over fuel supply

The Papua New Guinea government is deeply concerned about ongoing fuel supply in the country, declaring a snap 30-day national emergency.
Duration: 2 minutes 31 seconds

Slowdown in consumption 'across the board' as higher rates and inflation bite, explaining RBA pause, as dollar dips — as it happened

A sharp dip in retail sales volumes offered a big hint as to why there was no interest rate hike from the RBA this week, as the ASX took a dive after that bad news out of the US yesterday about its credit rating. Catch up on the market activity from today.
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An image of Sydney's CBD, with people walking, faces not visible, carrying shopping bags.

Property market strength set to continue, according to new report

The report analyses consumer behaviour by extracting property market data from 12.1 million Australians.
A 'sold' property sign in the window of a building

'China is a doer not a talker': Leaked email shows China's influence over Solomon Islands media

Solomon Islands' longest running newspaper promised China favourable coverage in return for money, and a leaked email has revealed concerns around stories that could damage the Solomon Star's ability to access further funds from Beijing.
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A blue grey building with black windows across the front and a sign reading: "Solomon Star".

PNG's central bank is feuding with a major fuel supplier. Now the government has declared a national emergency

The Papua New Guinea government is deeply concerned about ongoing fuel supply in the country, after declaring a snap 30-day national emergency on Monday. Here's how we got here.
A person with their hand on a fuel pump puts fuel into their car.

How Russia's war in Ukraine may lift the price of your bread

Global wheat prices are rising sharply after a UN-brokered deal to ship grain out of Ukraine ended last month. Australian farmers are set to benefit but consumers will pay the price.
Duration: 3 minutes 43 seconds

The 'fundamental shift' at the RBA

Barrenjoey chief economist Jo Masters says the August interest rates decision shows there has been a "fundamental shift" at the Reserve Bank.
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Duration: 2 minutes 59 seconds

Housing industry backs social housing bill

Incoming Housing Industry Association managing director Jocelyn Martin says the government's stalled social housing bill paves the way to address the housing crisis
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Duration: 4 minutes 42 seconds

Wednesday finance with Alan Kohler

The Aussie dollar dropped when yesterday's non rate hike was unveiled.
Duration: 1 minute 45 seconds

Chief minister silent on action after ICAC investigation into NT government investment

The anti-corruption watchdog closes its investigation into the $10 million taxpayer-funded investment in Darwin water bottle company NT Beverages without making any findings.
The chief minister at a lectern with microphones and flags behind her.

Expert joins residents in calls to scrap controversial electricity transmission project

A prominent energy expert joins landholders in calling for the Australian Energy Market Operator and the Victorian government to scrap plans to build the controversial VNI West transmission line and Western Renewables Link.
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Close up of Nicole Asher

How interest rates are impacting house prices

The Reserve Bank has left interest rates on hold for the second month in a row, as the house price recovery slows following a rise in listings.
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Duration: 3 minutes 59 seconds