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ASX claws back losses to end flat, oil meltdown deepens

Australian shares recoup earlier losses as retailers and banks rise, after initial falls were spurred by oil prices falling to their lowest value in 18 years.




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Australia capitalises on low fuel prices to establish stockpile in US

Australia will buy fuel from the US at historic low prices to bolster its national stockpile, after criticisms that the Government only holds about 30 days' worth of fuel in domestic storage, far below the 90-day minimum.




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Ruby Princess doctor tells inquiry she would not have allowed passengers to disembark

The senior doctor on board the Ruby Princess tells an inquiry she is surprised passengers were allowed to disembark in Sydney last month despite some displaying COVID-19 symptoms.




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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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'Quite a number of angry phone calls': Thousands sign NT landlords' petition against renters' rights to pets

Property owners are calling for pet-friendly tenancy laws to be scrapped before they are even enacted in the Northern Territory, as the Parliament prepares to vote on protections for renters during the pandemic.




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Australia calls for independent study of wet market risks in response to COVID-19 pandemic

Australia is ratcheting up pressure on China to look into the health risks associated with wildlife wet markets as the world continues to battle the deadly spread of the coronavirus pandemic.




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From patient zero to the world: COVID-19's devastating global journey

The spread of today's scourge may seem breathtaking in its scale and carnage, but in some ways we are lucky. We could be dealing with a modern-day plague with global deaths measured in their hundreds of millions.




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'Wet season, COVID-19, wet season': Coronavirus has left northern WA tourism on the brink

Kimberley tourism operators brace for "18 months of pain" as COVID-19 decimates the northern tourist season.




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Science denial among top 10 greatest risks to humankind, new report claims

A new report has ranked disdain for scientific knowledge as one of humanity's biggest threats, alongside climate change, nuclear war, and artificial intelligence.




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ASX slips as health stocks drag, oil rally boosts energy stocks

The Australian share market eases from early gains. US stocks rise on more money from Congress, oil prices bouncing off record lows and more optimistic corporate outlooks.




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Spirit of Tasmania to move Victorian operations to Geelong

The company behind the Spirit of Tasmania ferry service says its ships will no longer be docking at Station Pier in Port Melbourne, and will instead move to Corio Quay, north of Geelong.




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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.




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Preliminary report released into plane crash that killed four people

The Australian Transport Safety Bureau releases a preliminary report into the mid-air collision near Mangalore in Victoria that killed four people in February.




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Calm before the storm? House prices tipped to tumble as auction clearance rates slump

A property analyst warns the worst-case scenario could see falls of up to 30 per cent, mainly in Sydney and Melbourne, while the end of the bank's mortgage repayment holidays will bring the real test for the housing market.




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Cheaper Australian-made ventilator offers greater ICU capability option amid coronavirus pandemic

An Australian-made ventilator that costs a tenth of the price of existing models is brought to life in just four weeks, which could revolutionise intensive care capability in the fight against COVID-19.




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'Sad for everyone': Coronavirus may bankrupt Kokoda tour operators

For Papua New Guineans and tour operators who get their income from the Kokoda track, April is usually their busiest time of year — but coronavirus might be putting a stop to that.





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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.



  • Business
  • Economics and Finance
  • Urban Development and Planning
  • Government and Politics
  • Building and Construction
  • States and Territories
  • Architecture

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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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Cars, excavator used to impound Virgin planes at Perth Airport amid stand-off over 'significant' debt

Perth Airport is using heavy machinery and company vehicles to block a number of Virgin Australia aircraft from taking off over what it says are $16 million in unpaid debts.




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I took a risk for my dream job — and now I'm grounded on the other side of the planet

The decision to give up a well-paid job to learn how to fly planes already seemed risky. But then the coronavirus hit, and my dreams came crashing back to the tarmac, writes Victoria Bryan.




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Top Sydney restaurant delivers fine dining in a $110 takeaway box

The COVID-19 outbreak may have forced them to close their doors, but some of Sydney's most revered restaurants won't let that stop them from giving their customers the fine dining experience at home.




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Coronavirus relief loans offered via SMS prompt call to ban payday lenders

Consumer advocates call for a ban on short-term loans because of concerns loan sharks are using text messages to target vulnerable people affected by the coronavirus pandemic.




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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.




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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.




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Italy to fully reopen restaurants, bars from June

More than two months after the first case of COVID-19 appeared in a small town outside Milan, Italy prepares a staged end to Europe's longest coronavirus lockdown.



  • COVID-19
  • Diseases and Disorders
  • Health
  • Infectious Diseases (Other)
  • Government and Politics
  • Business
  • Economics and Finance

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NAB asks shareholders for $3.5b to protect the bank against 'very uncertain times'

In an extremely unusual move, National Australia Bank reports its results to the stock exchange almost a fortnight early as it seeks an extra $3.5 billion of investment from shareholders.




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Right next to the airport, but for this couple it's a dream home

Rod Peters is a real-life Darryl Kerrigan from movie The Castle — he has even extended his house to include uninterrupted views of the runway. And the noise? No problem at all.




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'Morally it's the wrong thing to do': Insurers refuse to cover landlord's rental loss

Thousands of mum-and-dad investors are being caught out by insurance companies refusing to cover them when they cut rent for tenants under financial stress due to coronavirus restrictions.




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Planning some retail therapy this weekend? Best to check what stores will open

An easing of coronavirus restrictions means non-essential shopping has the green light from this weekend, but that doesn't mean all the stores are ready to throw open their doors immediately.




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Call centre staff in the Philippines have been sleeping at work to help Australian customers

A union for call centre workers in the Philippines claims staff have been sleeping in the office in potentially unsafe conditions to help Telstra and Optus customers, despite the risk of the coronavirus.




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Catch a fish, win $1 million, but fast-falling numbers are starting to bite

The Million Dollar Fish competition was designed to lure fishermen to the Northern Territory. But a consultant's report obtained by the ABC shows registrations have fallen by half in five years.




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Workers are due their superannuation today but many employers are struggling to pay

Today is the deadline for employers to pay superannuation they owe workers for the first quarter, but many may struggle to do so amid the COVID-19 economic shutdown.




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'Couldn't have come at a worse time': Collapsed builder leaves 241 creditors with nothing

Banyan Constructions collapsed earlier this year, and a report from liquidators has now revealed that the $22 million owed to creditors — mostly small, local businesses — will not be paid back.




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Union takes Qantas to Federal Court over 'heartless' denial of sick leave to stood-down workers

The Transport Workers' Union urges the Federal Court of Australia to find that Qantas is still responsible for paying sick leave to 25,000 workers who have been stood down during the global coronavirus pandemic.




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Coles, Woolworths ease coronavirus restrictions on toilet paper

Customers will be able to buy multiple packets of toilet paper at the supermarket giants, although a number of other items remain restricted.




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Can't get a refund on your cancelled trip? Here's what to do

More than 6,000 people have complained to the ACCC about their travel company's handling of refunds. We've looked into what your options are for getting your money back.




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'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.




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Coronavirus shutdowns leave expats unable to sell their homes in time to avoid hefty tax bills

Thousands of Australian expats fear they could be hit with large capital gains tax bills because they've been unable to return home due to COVID-19 travel restrictions, before a June 30 deadline that would have allowed them to sell their property to avoid liabilities.




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Victoria criticises 'completely inappropriate' independent schools funding offer from Federal Government

Victorian Education Minister James Merlino accuses the Federal Government of using funding to "force" independent schools to undermine the state's strategy on face-to-face learning during the coronavirus pandemic.




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Rex to double regional flights after second cash boost in a week

Fresh support from the Federal Government and several states means the key carrier will be able to increase services across its network.




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'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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Funeral insurer who sold coverage to babies barred from taking on customers

Funeral insurer Youpla, slammed by the banking royal commission in a previous brand iteration for misleading Indigenous customers, has now been denied a licence to provide financial services and prevented from signing up new customers.




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Samuel felt he had no option but to withdraw money from his super

Samuel Clarke knows withdrawing his retirement savings early is not ideal, but he says the coronavirus pandemic and subsequent loss of business has left him no option.




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Holiday homes turned long-term rentals add to surge in listings

The major online platforms say rental listings are up 8-10 per cent compared to last year, as thousands of Airbnbs and other short-term rentals are expected to move to the long-term market as coronavirus halts travel.




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Businessman's dairy proposal puts pressure on Government to help struggling farmers

A Victorian businessman has given the Federal Government a detailed plan to help the struggling dairy industry get back on track — and give more money to farmers.




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About 750,000 customers could pay thousands extra after bank cuts home loan repayments

Commonwealth Bank customers could end up paying tens of thousands of dollars more on their home loans because of changes to repayment levels, a financial expert warns.




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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.




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Authorities investigate aged care coronavirus cluster as Victoria records seven new cases

Victoria's total of COVID-19 cases rises to 1,361, as Chief Health Officer Brett Sutton reveals authorities are investigating three cases linked to a Melbourne aged care facility.