Business, Economics and Finance

The federal government plans to require businesses to accept cash as payment. But as its use continues to decline, the role of cash is becoming more niche. 

2024 shook the world in more ways than one. From politics to pop culture, climate to conflict, 2024 was a year of tumbling records — but not always for the best reasons. 

Daniel Ziffer explains how Apple is about to hit a capitalism milestone. Here’s Finance Report.

There are growing calls for the NT to scrap its tiered building certification system to ensure better oversight of remote housing builds.

Tens of thousands of people have braved the crowds at Boxing Day sales as shoppers are tipped to spend a record $1.3 billion. 

Fleur Brown from the Australian Retailers Association says household goods and food topped the list as she discusses record retail sales on Boxing Day. 

The cost of last-minute gift-giving is going up as Australians head into Christmas. Daniel Ziffer explains in Finance Report.

The International Monetary Fund (IMF) warns the Reserve Bank to consider tighter monetary policy if progress on lowering inflation stalls.

Foxtel has been sold for $3.4 billion, while consumers are paying the price for the rise in shipping costs. Meanwhile ASX enjoys a strong start to the week, finishing the day slightly higher.

WA has a "strong economy" that's the "envy of the nation", as the mining state banks a whopping $3.1 billion budget surplus amid cost-of-living pressures.

Foxtel sold for $3.4 billion to a British streaming outfit, while the ASX 200 gained 1.7 per cent, recouping much of last week's losses. Here's how the day's trade unfolded, with insights from our business reporters, on the ABC News markets blog.

Australia's super tax concessions will cost the government almost $60 billion in 2025-26, which is $9 billion more than expected. How can we afford it?

It was another bad day for the share market, which has wiped out all its gains since mid-September, while the Australian dollar has fallen to its weakest level in years against the US greenback and British pound, as finance presenter David Chau explains.

Much of Australia is turning into a buyers' market, with house prices expected to fall nationally in 2025.

Economic growth has slowed to the weakest level since the 1990s recession, outside of the pandemic but a tight jobs market is making it difficult for the RBA to cut interest rates.

The multinational beverage company has entered an agreement to buy the alcoholic line and brand of the Billson's Brewery which had been in voluntary administration. 

As investment in agriculture grows and seasonal condition outlooks remain positive across Queensland, farmers are feeling positive about the year ahead. 

The ASX200 fell to its lowest level since September, following the US Federal Reserve's decision to revise down its expectations for interest rate cuts in 2025.  

The Australian share market has seen a sea of red, closing 1.7 per cent lower. Meanwhile, the Australian dollar has dipped below 62 US cents for the first time in two years, after the US Federal Reserve lowered interest rates but hinted at fewer rate cuts in next year. Fnance reporter Alan Kohler discusses the money-to-fools ratio and explains why prices are going up.

ABC finance reporter Daniel Ziffer crunches key financial figures from 2024 and analyses their implications for the new year.