Town ‘sold’ in $5.8B mining mega‑deal
A $5.8 billion mega-coal mining deal has all but put a town up for sale, handing the new owner the mines, hundreds of homes and crucial community services.
A $5.8 billion mega-coal mining deal has all but put a town up for sale, handing the new owner the mines, hundreds of homes and crucial community services.
Australia could face a recession if businesses fail to keep their inflation expectations anchored, the central bank has warned.
Federal ministers have flagged the government is open to providing rollover support to small businesses and start-ups, amid looming changes to taxes on trusts.
Investors looking for clues on the next rates move will pick apart minutes from the Reserve Bank's May meeting and a speech by the RBA's chief economist.
The treasurer and prime minister are doing a sales job on government attempts to boost housing supply as property investors chew budget changes to tax breaks.
A state has been warned climate change-linked weather hazards endanger almost a fifth of the value of major infrastructure assets.
New jobs data expected to be steady despite impact of events in the Middle East and inflationary pressures.
National clearance rate showed a small increase last week but Sydney well down and Melbourne on the rise.
Despite higher interest rates and global unrest, new home sales showed a good uplift during April.
Economists suggest Budget will support fiscal growth in years to come despite flak over negative gearing and CGT changes.