Prime Minister Anthony Albanese is hoping his Indian tour fares better than the Australian cricket team as he goes into bat for a stronger economic partnership.
There are hopes the RBA will slow its rate hikes, with the central bank today saying inflation had passed its peak as it lifted the cash rate to 3.6 per cent.
Women have missed out on more than $2.8 billion in super in the 12 years since Australia's paid parental leave scheme was introduced, industry fund Hesta says.
Consumer sentiment is still very low although mortgage holders have curiously regained some confidence ahead of the Reserve Bank's next cash rate decision.
The local share market has finished down 0.1 per cent after being in and out of positive territory on a day marked by the release of GDP and inflation figures.
Australian company profits have bounced back after dropping off steeply last quarter, with business inventories returning a softer-than-expected result.
The local share market has fallen 1.1 per cent as the odds increase that the Federal Reserve will return to supersized rate hikes to combat stubborn inflation.
A new commissioner will be appointed to help oversee cyber security breaches as part of an overhaul of the sector in Australia, the government has announced.
Kimberley businesses affected by Western Australia's once-in-a-century-flooding in January will be eligible for more than $40 million in freight subsidies.
Easing supply bottlenecks and a robust pipeline of work fed into a strong final quarter for investment activity in 2022, the Bureau of Statistics says.
