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Petrol stations taking 'too long to pass on savings', ACCC says

At a time when the economy is suffering the ACCC is calling on the petrol retailers to pass on the full benefit of the falling oil price to motorists.




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Concerns over who gets access if a successful coronavirus vaccine is discovered

As numerous laboratories race to develop a coronavirus vaccine, the Coalition for Epidemic Preparedness Innovation warns that it can't just be available to people in wealthy countries.




ac

'Severe and long-lasting impacts': Queensland braces for economic fallout amid Virgin administration

For Queensland, the pain of a possible collapse of Virgin Australia runs deep, with nearly half of its workforce based in the state.




ac

Hundreds of thousands granted early access to $3.8b in superannuation

Nearly half a million Australians have had applications for early access to their superannuation approved, totalling $3.8 billion in early payments, Treasurer Josh Frydenberg says.




ac

Petrol stations accused of gouging as some Queenslanders pay 75 per cent more

While the price of petrol falls to the lowest point in a generation in Brisbane, service stations are charging 30 per cent more in north Queensland and 75 per cent more in Mt Isa, with a federal MP raising accusations of collusion.




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Quest backs down after trying to 'bully' apartment owners into accepting rent holiday

Since the 1970s, the Degenhardts dreamed of retiring to Gerroa. Their dream became a reality — but retirement got tougher this month when they were told their supposedly guaranteed monthly income would not be paid until July due to coronavirus.




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Australia's tallest building to be built in Melbourne as Government fast-tracks development

The Victorian Government announces a proposal for a 101-storey building is one of four to be approved amid moves to fast-track development in the wake of the coronavirus pandemic.



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Workplaces warned to be ready to respond immediately if COVID-19 emerges, as restrictions are 'gradually relaxed'

Australian business are presented with a new set of rules on how to manage workplaces during the coronavirus pandemic, as Prime Minister Scott Morrison says he would "love to see a return to work across the board".




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'Rednecks' racially attacking Chinese trainee pilots and using laser pointers, school claims

Reports of interference with aircraft radio communications at one of regional Victoria's busiest airports, where a flying school training pilots for Chinese airlines has been operating for about a year, are being investigated.




ac

How insulated is Australia's space industry from the COVID-19 crisis?

An Australian company that's set to own the world's largest privately operated rocket test range says the Australian space industry is well protected from the economic downturn caused by COVID-19.




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'It takes a village': Tourist town turns to good grub for coronavirus solace

With 100 per cent of the bookings cancelled at his boutique business, a country chef decides to use his culinary skills to help others through the pandemic.




ac

Arnhem Land opened up to Aussies like never before with spectacular online concert series

As artists worldwide launch livestream concerts from home, Yolngu musicians in one of the most remote parts of Australia are offering up a unique series of performances from north-east Arnhem Land.




ac

What does Tasmania's economy face post-coronavirus?

CommSec's State of the States latest report reveals Tasmania's economy performing stronger than it had for more than 10 years. But that was before the coronavirus crisis hit. What's ahead?




ac

Westpac sets aside $3.6b for COVID-19 debt and AUSTRAC penalty, ASX falls

Australia's second-largest bank says its upcoming results will suffer a massive hit due to COVID-19, on another volatile day for the ASX.




ac

'Relax the rhetoric': Businesses open, but coronavirus crackdown has customers 'nervous'

Small businesses in Tasmania struggling to survive amid the coronavirus crisis call for clearer messaging from authorities, saying there is no point trading if customers are too nervous to leave home.




ac

'Coffee, then NAFI': Future of 'crucial' fire-tracking website in doubt

It is one of the most popular and important websites for cattle producers, rangers and carbon farmers in northern Australia, but its funding is about to run out.




ac

'Market failure': ACT Government threatens to cap petrol profits if prices don't drop

Fuel prices have plummeted across Australia during the coronavirus pandemic, but the ACT Government says they are not falling quickly enough in Canberra — and they are going to do something about it if prices do not fall to below $1 per litre this weekend.





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Markets surge on Fed's promise to act 'aggressively' to save a stalled economy

The ASX joins a global rally after the Federal Reserve says it will "aggressively" use its "full range of tools" to aid the recovery, as the US economy records its worst slump since the global financial crisis.




ac

Outback charter companies nosedive as pandemic grounds flights

While the fate of Virgin and Qantas makes headlines, Australia's outback aviation companies say they've been forgotten by authorities.




ac

Metro West plan revealed: Rydalmere station scrapped, 150 properties to be acquired

The NSW Government releases the blueprint for the promised Metro West, revealing it will acquire 154 properties to accommodate the multi-billion dollar project.




ac

'Unacceptable' gas fracking in Channel Country should stop, leaked department report told Queensland Government

A leaked expert report shows the Queensland Government was advised to stop further gas fracking in the state's sensitive Channel Country, but a separate department already extended gas exploration until 2030.




ac

'No going back to everything the way it was': ANZ boss warns of 'slow grind' recovery

ANZ's chief executive warns the Australian and New Zealand economies will be reshaped by the COVID-19 pandemic and take years to recover from the economic fallout.




ac

Indonesian zoos facing financial strain could 'feed herbivores to the carnivores' amid pandemic

Some 70,000 animals across Indonesia, including members of critically endangered species, are at risk of starvation as zoos struggle financially due to social distancing restrictions amid the coronavirus pandemic.




ac

Coronavirus update: Italy sends millions back to work after two months at home

After two months in almost total lockdown, 4.5 million Italians are allowed to return to work today as the country with the second-highest coronavirus death toll begins to wind back some restrictions.




ac

COVID-19 losses just the start of Westpac's woes amid escalating money laundering, tax problems

Westpac joins ANZ in deferring its interim dividend as it braces for the financial impact of COVID-19, but mounting issues around money laundering and tax reporting may cost it almost as much.




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Canberra petrol stations to face 'weekly fuel price challenges' as cost drops to $1 per litre

Canberra petrol retailers will need to meet weekly fuel price targets to avoid the ACT Government regulating the market, despite prices dropping to about $1 per litre after the Chief Minister threatened to cap margins.




ac

WA shut itself off from the country and the world to prevent coronavirus. The impact is hitting home

The fallout from harsh border closures means many WA tourism businesses will struggle to stay afloat for longer than six months given a huge drop in revenue.




ac

Bank regulator asks ME to explain why it took money from customers' redraw accounts

The financial regulator has asked ME Bank to explain why it has taken cash from accounts linked to its customers' home loans to reduce the risk of mortgage default.




ac

Couple's battle for $10,000 luxury holiday refund as hundreds consider class action

James and Victoria Sylvester were refused a refund when their $10,000 holiday to Dubai was cancelled because of coronavirus. Now hundreds of consumers in similar situations are considering launching a class action.




ac

Take a seat: This tiny Australian territory is allowing diners back in cafes and restaurants

Norfolk Island is the only place in Australia you can dine in a cafe and gather outdoors with 50 people.




ac

Work begins on the Gold Coast's $1 billion Pacific Motorway upgrade

Work begins on the Gold Coast's $1 billion Pacific Motorway upgrade, with promises it will benefit motorists and the economy.




ac

Murray Bridge journalist launches online service after ACM suspends newspaper

A journalist left out of work after Australian Community Media shut down his regional printing press starts his own online newspaper in an effort to keep the community informed.




ac

'They got us a beauty': Farmers speak up about falling victim to tractor ad scam

One WA couple who fell victim to a tractor ad scam wants others to know about the dangers, as NT Consumer Affairs uncovers more than 20 similar sites.




ac

With the curve flattened, the PM is focused on getting a million people back to work

While tough coronavirus restrictions have saved thousands of lives, Scott Morrison says the country is now in a position to start clawing back some of the $4 billion lost every week that restrictions continue. Here are the key takeaways from his press conference.




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'A rip-off and a rort': Residents have their say as ACCC questions ‘higher than expected’ NT fuel price

Michael Gunner issues his "first and final warning" to petrol companies to take action as the ACCC puts in its two cents on the NT's comparatively high fuel prices.




ac

Tom Cruise to star in movie shot in space, NASA confirms

Fewer than 250 people have been on the International Space Station but Mission Impossible actor Tom Cruise looks set to become one of them, in part to "inspire a new generation of engineers and scientists".




ac

Historic burnt-out cottage and house overlooking gorge attract $3.2 million price tag

The two cottages are up for sale in a historic part of Launceston but one of the buildings will likely cost hundreds of thousands to repair.




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Mother's Day visits off the table as Victorian Premier defends coronavirus contact tracing efforts

Premier Daniel Andrews defends the work of contact tracers as 13 more coronavirus cases are linked to a cluster at Cedar Meats in Melbourne's west.




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ICAC investigating alleged 'improper conduct' by university vice-chancellor

South Australia's Independent Commissioner Against Corruption confirms he is investigating allegations of improper conduct by the vice-chancellor of the University of Adelaide.




ac

Commonwealth Bank temporarily closes 114 branches due to coronavirus impacts

CBA says today's closure of 114 branches nationwide is temporary and due to a massive increase in online and telephone banking.




ac

Banks defer repayments on more than 600,000 loans, Macquarie halves dividend

Australian shares rise, including Macquarie Group, despite slashing its dividend. The Australian Banking Association say a further 100,000 loans were deferred over the past week.




ac

Fifty trains out of service as fault forces Adelaide passengers to 'pack like sardines'

The number of Adelaide rail services has been radically reduced after a mechanical fault, with remaining trains becoming packed with passengers apparently in breach of social distancing.




ac

One third of NT budget repair plans in place, one year after warnings of debt crisis

One year after releasing its plan to drag the NT budget out of structural deficit, the Labor Government says a third of its promises have been implemented in full. But some key measures are still in the works and the Opposition is demanding a better look at the books.




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As the day unfolded: Scott Morrison says Australia's COVID-19 restrictions to remain in place for at least four weeks, nation's death toll stands at 65

If you suspect you or a family member has coronavirus you should call (not visit) your GP or ring the national Coronavirus Health Information Hotline on 1800 020 080.




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'Let us out, let us live in peace': Tamil mum asks to go home to Biloela

Fresh from victory in the Federal Court a Tamil mother wants government to give her family a normal life in Australia after two years in detention.




ac

Macquarie University to accept students based on year 11 results

Macquarie University has become the first in NSW to accept students based on year 11 results across all its course offerings.




ac

The Great Lockdown is a sledgehammer busting dreams that won't bounce back

It’s like a giant version of the Kings Cross lockout.




ac

Pandemic dashes Anzac Day plans - but not spirits - for WWII hero

"It is quite possible to think back to those days," says Guy Griffiths. "I don't have to go to a memorial to think about the loss of the Repulse."




ac

As the day unfolded: Global COVID-19 cases surpass 2.3 million, US death toll approaching 40,000, Australia's death toll stands at 71

If you suspect you or a family member has coronavirus you should call (not visit) your GP or ring the national Coronavirus Health Information Hotline on 1800 020 080.