business
ASX suffers worst day in almost a year in 'panic' sell-off — as it happened
Nearly $70 billion has been wiped off the Australian share market in its worst trading session since the “Liberation Day” sell-off in April 2025. See how the day unfolded and read insights from our business reporters on the ABC News markets blog. Source link
ATO debt continues to drive record level of calls to financial helpline
Financial counsellors say small businesses struggling to pay debts owed to the tax office are driving calls to Australia’s Small Business Debt Helpline higher. Source link
British billionaire urged to accept $350 million for mothballed mine
The Mining and Energy Union says a firm $350 million offer is on the table to restart Tahmoor Colliery, warning delays risk the mine’s future and hundreds of jobs. Source link
How capital gains tax changes could impact you
According to a well-sourced leak, changes to capital gains tax discounts could form the centrepiece of the next federal budget in May. And while the government has downplayed the idea, it has not been ruled out. Source link
Unions pushing 4 per cent wage boost as real paypackets decline
Australia’s biggest employers are under pressure to give their workers pay increases above 4 per cent this year, as real wages go backwards and the union movement ramps up pressure. Source link
Fewer patients choosing specialist care as costs spiral
A survey of 4,000 patients finds more than half had an unexpected cost when under a specialist’s care. Source link
Trump, tariffs, gold — how are Australia's biggest companies faring?
Australia’s mining sector is expected to lead the earnings charge for this reporting season, boosted by signs of a stabilisation in the Chinese economy and a turbo-charged commodities market. Source link
Silver plunges over 14 per cent as ACTU pushes above-inflation wages — as it happened
Spot silver has hit a new low, crashing to $US75 an ounce, down over 14 per cent, while the ACTU is pushing for “above-inflation” wage increases in 2026. Source link
Living costs rise for all but those on government payments hit hardest
Cost-of-living pressures are being felt by all households, but some have been hit harder than others as annual costs increased between 2.3 and 4.2 per cent in 2025, according to the Australian Bureau of Statistics. Source link
ASX climbs after Wall Street's tech sell-off as bitcoin trades around $US76,000 — as it happened
The Australian share market edges up after a brutal session on Wall Street, weighed down by massive losses in tech and AI stocks like Nvidia and Microsoft, while bitcoin trades around $76,000 after dropping to a 16-month low. Source link