ABC News : Business (76)

Airbnb operators say Tasmania's relaxed accommodation regulations are working well

The Tasmanian Planning Commission is reviewing State Government regulations around visitor accommodation, which came into effect in July.

Sydney's Central Station mural lovingly brought back to life

It was left to deteriorate above a food court in Central Station and damaged by smoke from a kitchen fire, but now a celebrated mural depicting train travel in NSW has been brought back to life.

Blackmail — the business plan for cheaper wages

Exploiting foreign workers has become a "business model" for unscrupulous employers, but it comes at a cost to the economy.

Coal-fired Loy Yang B power station sold to Alinta's HK owners

The owner of the Loy Yang B power station has confirmed it's selling the plant to Alinta Energy's Hong Kong-based owners Chow Tai Fook Enterprises.

Energy cartel laws waived for food processors desperate to reduce costs

A group of energy intensive food processors gain exception to cartel laws to tender for cheaper electricity and gas.

Diesel generator back-up power plan for peak demand

Plans are underway to set-up diesel generators in Victoria's Latrobe Valley, to be used as a back-up power supply on days of high electricity demand. 

Palaszczuk refuses to rule out funding road upgrade for Adani mine

Despite Queensland Premier Annastacia Palaszczuk previously stating that taxpayers' money would not be provided for the Adani mine, she keeps the door open for the Government to pay for road upgrades linked to the project.

World's most powerful lithium ion battery finished in SA

Tesla's giant back-up battery is intended to ease SA's blackout risk this summer, with capacity to keep the power on in about 30,000 homes for more than an hour.

LNG producers look to cash in on China's winter coal cuts

China's crackdown on air pollution by reducing coal use looks like giving LNG producers a second wind.

Farmers and graziers 'afraid to speak out' against Adani mine

Queensland farmers worry the Galilee Basin will be "destroyed" by mining companies, leaving their children with nothing, while graziers complain of being gagged over forced land acquisitions, but others dispute this.

Wall Street's 'sharp reversal' could damage the economy

The Federal Reserve is concerned Wall Street valuations may have risen too quickly, and that a "sharp reversal" would be damaging to the US economy.

Fact check: Comparing Queensland electricity price growth under Labor and the LNP

Queensland Premier Annastacia Palaszczuk says that under her Government, "average prices for households have increased an average of just 1.9 per cent per year compared to 43 per cent over the term of the LNP Newman-Nicholls Government". RMIT ABC Fact Check investigates.

Call to speed up sealing Cape York Peninsula road as project runs behind

While roads in south-east Queensland garner much attention in the election campaign, the Cape York Peninsula Developmental Road in the state's far north barely rates a mention.

Mind the gap: Where you fit in the changing jobs landscape

The latest census figures reveal some surprising patterns in workplace trends when we look at men and women separately.

Streets workers vote to end public ice cream boycott

Summer may have been saved by Streets factory workers, who tonight voted to end to a public boycott of the brand's ice creams after they accepted a wages offer from its multinational owners.

Woolies is grinding us down, flour producer says

Flour mill Laucke's dispute with Woolworths deepens, with the SA company claiming six of its products have been pulled from shelves because of an ongoing cost dispute.

Australian red meat sector sets 2030 carbon neutral target

Research and marketing group Meat and Livestock Australia says the country's red meat industry could be carbon neutral by 2030, and the target will prove farming red meat is environmentally sustainable.

Fact check: Did Infrastructure Australia say Qld's Cross River Rail project is not needed until 2036?

Leader of One Nation in Queensland, Steve Dickson, says that Queensland's Cross River Rail project is "$5.4 billion that doesn't need to be spent until 2036. Infrastructure Australia has said that this project is not needed until that time". RMIT ABC Fact Check investigates.

Australian workers gift $130b to employers through unpaid overtime, finds report

Australian workers are donating an estimated $130 billion a year to their employers through unpaid overtime, according to a leading workplace thinktank.

Construction work bloated by gas as LNG facilities float in, but it won't lift GDP

The arrival of massive floating LNG facilities is behind a surge in the value of construction work done, while the value of commercial building and residential work fell over the quarter.

The towers set to dominate Perth's coast

Decision day looms for a 43-storey twin tower development on Scarborough beach that would be visible from anywhere along Perth's coast, and opinion is fiercely divided on whether it should go ahead.

Government, business need to 'lift their game' over long-term unemployed

Despite the the ranks of the unemployed thinning, the number of workers who have been out of work for more than a year is higher than levels during the global financial crisis.

The towers set to transform Perth's coastline

Decision day looms for a 43-storey twin tower development on Scarborough beach that would be visible from anywhere along Perth's coast, and opinion is fiercely divided on whether it should go ahead.

Wall St boosted by tech stocks to record highs

With global stock markets closing higher and Wall Street posting fresh records, the ASX is expected to open higher today.

Government, business need to 'lift their game' over long-term unemployed

Despite the the ranks of the unemployed thinning, the number of workers who have been out of work for more than a year is growing and retraining programs are failing, according to the Australian Industry Group.

Why millennials are getting stuck in low-paid jobs for longer

New census data shows young workers are increasingly concentrated in a handful of jobs as the divide between those with and without qualifications widens.

China will finance Adani mine, insiders say, but it will cost Australian jobs

An announcement is expected in coming weeks that Chinese state-owned enterprises, banks, and export credit agencies are backing the venture, meaning Australian taxpayers may be let off the hook, but at the cost of local jobs.

From next to nothing to a $50m empire: NT's Business Woman of the Year

From humble beginnings, mother-of-three Karinda Gill decided she was going to change her own financial future, but even she couldn't have predicted just how successful that would be.

What happened to Hobart's trams?

Which was the first city in Australia to get an electric tram network up and running? Melbourne? Sydney? Nope. Try Hobart. But where did they go?

Major supermarket rolls out 'quiet hour' to help shoppers with autism

Coles begins rolling out an initiative to prevent sensory overload in its stores today to support customers who are on the autism spectrum, after a successful trial of the program in August.

NAB former employee in court charged over falsifying home loan contracts

A former National Australia Bank employee, once named a regional banker of the year, faces a Melbourne court charged with falsifying dozens of home loan contracts, allegedly resulting in him illegally pocketing more than $800,000.

SA pulls support for Murray-Darling Basin Plan changes, threatens royal commission

The South Australian Government says it will not support changes to the $10 billion Murray-Darling Basin Plan and is now considering a state royal commission.

New gold royalty hike dead in the water

The Government is almost certain to suffer another defeat in its attempt to repair a $400 million budget black hole after a revised increase to gold royalties is instantly rejected by both the Opposition and the mining sector.

Premier denies WA in recession as state growth figures plummet

Premier Mark McGowan denies Western Australia is in a recession despite figures revealing WA was the only state economy to record negative growth in the last financial year.

Banana Boat faces class action lawsuit over alleged sunburns

A law firm wants to take on one of Australia's top sunscreen sellers after dozens of complaints from customers who claim they were burned despite wearing Banana Boat SPF 50+ sunscreens.

Biggest discount does not equal cheapest power bill, watchdog warns

Customers need to be very careful of "meaningless" discount deals, Victoria's Essential Services Commission warns, as gas and power bills continue to rise.

Churning through your phone data every month? You're not alone

A survey of 2,000 Australians finds 43 per cent regularly exceed their smartphone data cap, costing $300 million a year in extra fees to telcos.

Uber faces possible class action for devastating taxi industry

Victorian taxi and hire car drivers engage lawyers to investigate the potential of suing Uber for compensation, alleging the ride-booking giant ignored the law "and proceeded regardless" when expanding to the state.

'Colonial' fears holding Australia back as China signs Silk Road deals with PNG

Papua New Guinea signs a series of infrastructure deals with China as part of Beijing's One Belt, One Road initiative, as Labor warns that fears of being an "overbearing colonial power" in the Pacific are giving other countries the front foot.

Bank regulator hints at high loan-to-income mortgage crackdown

The banking regulator remains uncomfortable with Australia's record breaking household debt levels, hinting at a new crackdown on large loans being issued to people on modest incomes.

ASX to lift on open, following Wall St and Europe gains

Australian stocks are expected to rebound from yesterday's trading losses, following a solid session on global stock markets.

Foreign investment surcharge could turn away buyers, agents warn

Real estate agents specialising in overseas investors warn the SA Government the way a new levy on foreign investment in residential property is being applied will damage the state's reputation as a good place to invest.

Gas supply to Tasmania looking better as parties head to arbitration

Tasmanians will have security of gas supply before the end of the year, with Hydro Tasmania and the owners of the Tasmanian Gas Pipeline finally heading to arbitration.

Australia should phase out stamp duty and cut corporate taxes: IMF

Although the Australian economy is growing at a "modest" pace, the IMF says it can be improved by cutting corporate tax rates and phasing out stamp duty.

SA Government's push to become national leader in gaming industry

Adelaide could soon be home to some of the world's largest game developers once a digital hub is built in the CBD, with the South Australian Government pledging $2 million towards building the space.

Delay concerns for Dan Murphy's megastore in Darwin

As the Northern Territory Government makes preparations to remove a spatial limitation on bottle shops, pressure is mounting from the private sector to approve or deny the Territory its first Dan Murphy's store.

Why employers are embracing gaming in the workplace

In a world where we're constantly tethered to our phones and attention spans are getting smaller, employers are increasingly using gaming to engage their workers.

What is the sound of the Northern Territory?

Yothu Yindi, Warumpi Band and a jingle from an ice coffee ad are among the NT's favourite tracks.

Banks' 'disregard' for the law may lead Government MPs to back inquiry

Nationals senator Barry O'Sullivan warns his Coalition colleagues that he might have the numbers to push a bank inquiry through Parliament.

Turnbull cancels sitting week to deal with same-sex marriage vote

The move will allow the Senate to finish debating the same-sex marriage bill before it goes to the Lower House, but it also has implications for the dual citizenship mess and any push by backbenchers for a banking royal commission.