business

The 10-Year Treasury bond, which the Commonwealth issues to raise money, pushes past 5 per cent, raising the cost of paying off debt and suggesting inflation is not under control. Source link

Australia has begun discussions with the United States about joining the latest US proposal to reopen the Strait of Hormuz, as the Trump administration tries to build an international coalition to restore freedom of navigation in the critical waterway. Source link

When the corporate regulator accused RACQ of misleading customers with insurance renewal notices it apologised. Now, it is defending the earlier notices in court filings.  Source link

There have been tense exchanges in the Federal Court, with the judge overseeing the bombshell case between the ACCC and Woolworths questioning the consumer watchdog’s case. Source link

The latest inflation data is making headlines. Find out what it means for you in three minutes. Source link

The Australian share market is set to open lower in morning trading as oil prices surge. Follow the day’s events and insights from our business reporters on the ABC News live markets blog.  Source link

A hot summer saw Australians use record amounts of electricity, but the growing share of renewable energy continued to push fossil fuels out of the grid, driving gas generation to its lowest level in 25 years. Source link

As about 1.6 million households experience insurance unaffordability stress, a disparate alliance of stakeholders proposes cheaper premiums for home owners who upgrade their properties to withstand natural disasters. Source link

A new research study indicates a majority of regional Australians support the renewable transition despite some protests over planned infrastructure. Source link

The United Arab Emirates decision to pull the plug on its OPEC membership could be the nail in the coffin for an organisation that has struggled to keep its members in line for the past 66 years. Source link