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.

Transurban reports to shareholders that construction on the West Gate Tunnel has been set back, with the project now expected to be completed by in 2023.

The Australian share market closes higher, shaking off initial falls, while Afterpay shares surge after revealing investment by Chinese firm Tencent. Job ads fell by 50 per cent in April as coronavirus hit businesses.

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.

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.

Josh Frydenberg will tell the National Press Club he is happy a discussion about lifting coronavirus restrictions is taking place earlier than first planned as new analysis says the Australian economy is losing $4 billion a week.

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.

Up to a million Australians may have lost their jobs since social-distancing measures to limit the spread of COVID-19 ramped up, new ABS data suggests, while the Reserve Bank expects the economy to take a 10 per cent hit.

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

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

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.

A peak industry body says South Australia's 12-day stretch without any new coronavirus cases has created a "high level of expectation" that pubs will reopen.

An Adelaide mother is jailed for stealing from the Catholic Church to pay for expensive overseas holidays and indulgent consumer goods, while a former accountant is also sentenced for stealing from his clients.

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.

Are you a business that wants to reopen on May 15? The Government has released the COVID-19 Safety Plan checklist you must complete before doing so.

As the Government begins easing social-distancing restrictions, there are doubts once-bustling workplaces in Sydney's CBD will ever return to the way they were.

New data shows how hard the impact of the coronavirus has been on women's jobs as a leading economist worries about the long-term impact for women in the workforce.

Under siege from much cheaper rivals and with lenders unwilling to support it, pay TV operator Foxtel is increasingly looking like a threatened species.

US meatworks have been epicentres for coronavirus outbreaks and shutting them down has disrupted the supply chain. But Australia is set up differently.

Just weeks after Virgin Australia goes into voluntary administration, UK-based Virgin Atlantic is forced to lay off thousands of workers as the coronavirus pandemic takes a heavy toll.

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.

A small exploration company drilling for gold in Western Australia's Goldfields wants to change the perception that the resources sector is a "dirty industry" by using biodegradable bags for drill samples.

Huge flames are filmed shooting up the side of a Middle Eastern residential tower shortly after residents finish their nightly Ramadan meal.

It was the first alternative-meat company to debut on the American stock exchange. But how is Beyond Meat coping 12 months on during a global pandemic?

The state's peak body for local councils is calling on the Victorian Government to help more than 5,000 council staff who are without work and ineligible for JobKeeper, amid calls for a rates freeze for property owners.

Companies owned by the Chinese Government have been buying Australian water assets, with concerns raised about the level of scrutiny foreign investment of water is receiving.

With nearly 730,000 businesses and 4.7 million employees signed up, JobKeeper looks like riding to the rescue of many livelihoods. But, as a key deadline looms, many look set to be locked out.

Whether or not employers can demand eligible JobKeeper workers do extra shifts to meet the $1,500-a-fortnight payment is causing confusion and chaos in the hospitality industry.

A major redevelopment was hoped to revitalise WA's historic port city, but the coronavirus pandemic has instead left businesses empty with workers, tourists and locals forced to stay away.

The collective European economy will contract by 7.7 per cent this year and debt will skyrocket, with Italy, Greece, Spain and Portugal among the hardest hit by the economic effects of the coronavirus pandemic.

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.

A new player emerges in Australia's live-export industry, with its maiden voyage due to leave Townsville port tonight.

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

Logic suggests a coronavirus slump may provide a window of opportunity for first homebuyers to enter the market. But a new report suggests the opposite may be true.

At least 11 people have been killed and hundreds more are in hospital after a chemical gas leak at an LG Polymers plant in southern India.

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

A Queensland dairy farmer says the Dairy Code of Conduct is 'worthless' in its current state after negotiations with a processor for a new milk contract failed.

Premier Daniel Andrews says his Government will explain changes to the state's coronavirus restrictions on Monday, after the National Cabinet agrees to a three-step process of lifting restrictions to create a "COVID-safe economy".

The rate of new homes being built in WA falls to a historic low, as the housing industry is hit by the economic fallout from the coronavirus pandemic just after it was emerging from a five-year slump.

A coronavirus outbreak at a Melbourne abattoir has left consumers wondering about food safety — but experts say meat is still very safe to eat, and any risk is "ridiculously small".

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.

Bundaberg Regional Council says a new report into the economic impact of lowering the height of Paradise Dam backs up its call to restore the dam to full capacity.

Reforms recommended by the Banking Royal Commission, which uncovered widespread financial misconduct, will be delayed so the financial industry can recover from the coronavirus crisis, Treasurer Josh Frydenberg announces.

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.

After thousands of customers reported missing money from mortgage redraw facilities, the bank apologises for not communicating with customers and promises to do better.

The US economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression, but President Donald Trump says "all those jobs will be back" very soon.

University students and their landlords are at loggerheads over who should pay for accommodation neither can use after students were sent packing.

A Sydney home sold just before COVID-19 restrictions came down in NSW for $200,000 more than a similar house around the corner — a real estate agent says online auctions are to blame for the price difference.

Many Queenslanders rejoice that some coronavirus restrictions will soon be lifted but what does this mean for the state's restaurateurs and publicans?

Young Australians need to be prepared now for the next major financial shock as the coronavirus pandemic reveals some families do not understand the long-lasting impact of the decisions they are making, experts say.