Business, Economics and Finance

The corporate watchdog reviewed 11 general insurers and found major holes in their complaint handling process. ASIC Commissioner Alan Kirkland says the findings revealed insurers missed one in six complaints.
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Flight Centre managing director and chief executive, Graham Turner says a lack of comeptition in the domestic aviation market is keep airfares high.

Finance Minister Katy Gallagher has hinted at further cost-of-living relief for households, ahead of the Mid-Year Economic and Fiscal Outlook (MYEFO).

Meet Sandra and Sandra — one is a tenant and the other a home owner in Australia's first building to integrate private, social, and affordable housing without segregated facilities.

Bitcoin has pushed through the $US100,000 barrier for the first time, while the Australian currency languishes near seven-month lows and the ASX ekes out modest gains. Here's how the day's trade unfolded, with insights from our business reporters, on the ABC News markets blog.

Eight independents have joined a push to change the definition of "small business" from 15 employees to at least 25.

The rise of weight loss drugs is not only changing individual lives, but also reshaping large sections of the economy.

Australia's economy grew by just 0.3 per cent in the September quarter, and 0.8 per cent over the year, according to the Australian Bureau of Statistics.

The bank says they will communicate with affected customers over the next six months but says they will proceed with the changes.

Woolworths boss Amanda Bardwell has apologised to customers for empty shelves following strikes at its distribution centres and said she didn't expect the situation to drag on.

The Aussie Dollar fell sharply after the September GDP figures came in lower than expected. Alan Kohler explains.

Australia's economy recorded its weakest annual growth rate since the 1990s recession in the September quarter, outside of the pandemic.

Economist Adelaide Timbrell says despite weaker economic growth, the latest GDP figures reveal the average household is a little better off than in the previous quarter. 

The Federal Court has found the conduct of Stanwell and CS Energy was legitimate "profit maximisation behaviour".

Australia's economy is growing at its slowest pace in decades, with government support keeping households afloat.

A new report by the Business Council of Australia has found South Australia has some of the best business conditions in the country. 

Woolworths shares fell while Coles went up, helping the Australian share market as a whole to another gain.

Increased demand for cosmetic injectables, and guidelines that allow registered and enrolled nurses to use telehealth doctors to get scripts for the prescription-only drugs, have fuelled massive growth in the industry.

Following the release of the September quarter balance of payments, net exports and government spending data, some economists expect to see national growth pick up. Oxford Economics Australia Lead Economist Ben Udy says it is clear government spending is making a big contribution.
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Companies will soon face obligations to report payments to cyber criminals after Australia's first standalone Cyber Security Act passed parliament last week. Macquarie Technology Group chief executive David Tudehope joined The Business to discuss what the new legislation means for businesses.
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