Adelaide Miller is an award-winning journalist and a national business reporter with the ABC's business reporting team. Previously, she was a researcher and reporter for ABC Investigations and has also worked at Background Briefing. Adelaide can be securely contacted at [email protected] or at AdelaideMiller.01 on Signal.
Facing the "most difficult set of circumstances" within generations, wineries and breweries are going out of business as data reveals why Australians are drinking less.
The share market closes lower after Wall Street surges. Meta raises the lower end of its spending forecast to fund its AI expansion. Look back at the day's financial news on our business blog.
Australian shares closed the week higher after investors, who are cautious about AI, heard from US Federal Reserve chairman Kevin Warsh. He told an IMF meeting in Bangkok that AI was a huge benefit to the US economy, although the pathway to job creation and wealth would be "very bumpy".
The miner's copper exposure means it's used as a proxy for the AI trade, which has come off the boil.
Many of us have ordered a meal at the pub we haven't been able to finish... but where does it go once it leaves the table?
Australia wastes about $36 billion worth of food a year and experts say many businesses do not even know how much potential profit they are throwing away.
Topic: Recycling and Waste Management
The Federal Court blasts Hollard's handling of an insurance claim which left a regional Victorian destroyed and uninhabitable.
The Australian share market ended its day higher, driven by gains across banks, miners and real estate stocks.The Nasdaq hit a record high after Wall Street's tech stocks surged, while the euro has fallen to an almost two-year low against the Australian dollar.
Surcharge bans are supposed to save consumers money but retailers say they're being forced to put prices up and are finding ways around the reforms.
Topic: Business and Industry Regulation
The RBA delivers its fourth rate hike for 2026, bringing interest rates to the highest level since November 2011.
Credit card rewards programs are being overhauled, with banks cutting points, changing fees and reducing some of the perks attached to rewards cards.
Some of the biggest payment changes in years take effect this week - with credit card surcharges to be banned from Thursday. While that might sound good - there are concerns customers could end up shouldering some of the cost.
Sweeping reforms from the Reserve Bank start this week, as banks hike fees and slash rewards programs in preparation.
A leading economist has warned the price of unleaded petrol could be headed above $2.70/litre. Meanwhile, the share market closed the week in negative territory as a global bond sell-off deepened.
The Australian share market falls as the price of oil surges above $US100 a barrel. It comes after steep losses on Wall Street as tech and AI stocks continue to be sold off. The struggling property developer Bathla is expected to cease construction across all of its sites.
NAB has experienced a digital outage across multiple platforms including its mobile app, internet banking and phone services.
Markets are pricing in a nearly 90 per cent chance of Australia's reserve bank lifting interest rates in September following the US Federal Reserve's decision to hike rates.
This year has been a perfect storm for financial stress.
Debt collectors are a necessary part of the country's financial sector, ensuring companies are paid outstanding bills in a timely manner.
Insurance giant Suncorp's debt collector spent months using AI to harass an 81-year-old woman into paying a claim she was not responsible for.
The Australian share market finished at its lowest level since mid-June as rising oil prices lifted inflation fears, while US 10-year bond yields hit their highest level since 2007.
Australian shares are lower after oil prices and treasury yields surge, weighing on Wall Street.
As the country's main delivery carrier, Australia Post sends millions of parcels across the country every year.
The Australian share market ended lower for the third-straight session this week despite recovering from earlier losses that saw it shed as much as $50 billion.
Small businesses are being hit with "underpaid postage fees", but Australia Post says its size and weight scanners are "highly accurate" and will not disclose how often its technology is wrong, raising questions about the legality of its additional charges.
