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Scott Morrison is being urged to extend the HomeBuilder program after new research found the coronavirus pandemic could savagely cut housing demand over the next three years.
Prime Minister Scott Morrison insists thousands more stranded Australians will re-enter the country each week, pressuring the states to boost capacities in hotel quarantine.
Aussie shares finished flat but it was the dollar that climbed; the Aussie rose above 73 US cents following better than expected economic data from China and signs the RBA is unwilling to interfere yet.
Treasurer Josh Frydenberg has promised the Morrison government will continue to do what is necessary to cushion the economy from the blow of the coronavirus pandemic.
The Australian share market finished around the day's highs in what appeared to be investors taking a punt on positive news coming out after the US Federal Reserve's two-day policy meeting later on Wednesday.
Western Australia will consider again using Rottnest Island to house returned travellers amid tension between the state and Commonwealth over quarantine arrangements.
Almost two-thirds of medium-sized companies are concerned economic activity faces a significant decline, resulting in even higher unemployment, when the federal government unwinds its COVID-19 stimulus measures.
Qantas is considering moving and downsizing its offices and aviation facilities within Australia as part of continued efforts to cut costs amid the pandemic.
Qantas is considering moving and downsizing its offices and aviation facilities within Australia as part of continued efforts to cut costs amid the pandemic.
Aussie shares finished flat but it was the dollar that climbed; the Aussie rose above 73 US cents following better than expected economic data from China.
More than $5 million was fraudulently acquired by a former Fremantle Ports employee who remains on the run overseas, Western Australian police believe.
Miners and energy companies helped shares close higher on the Australian market as investors continue to hope for an end to four consecutive weeks of losses.
The nation's coronavirus death toll has pushed beyond 800 as border closures and the heartbreak they create continue to cause friction between federal and state leaders.
The company with exclusive commercial licensing rights of the Aboriginal flag is in discussions with a federal government agency over use of the design.
Australia's share market has fallen to its fourth consecutive week of losses after a negative day session in which banks and miners had losses of more than one per cent.
Australia's second largest bank, Westpac, believes the $900 million it has set aside for an eventual settlement with financial regulator AUSTRAC over breached anti-money laundering laws is adequate.
Health Minister Greg Hunt is confident a pause in one of the world's most promising coronavirus vaccine candidates will not delay Australia accessing the drug.
Australia's share market has finished higher, although some investors were underwhelmed by easing values throughout the session after a good lead from US markets.