A Hong Kong billionaire has spent a staggering $AU67.8 million on a 12.03-carat diamond for his seven-year-old daughter.

Unemployment in Australia has taken a somewhat surprising dive in new figures released this week.

A new report shows almost half of the new power plants built in 2014 were for renewable source of energy.

The Climate Institute has slammed the adequacy of Australia’s carbon emission reduction measures, saying they would not meet the smallest target set at the upcoming Paris climate talks.

Victorian Labor MP Cesar Melhem says he will stay in State Parliament and fight allegations of corruption from his days as a union boss.

The Federal Health Minister says consumers are not getting value for money from their health insurance policies, and conditions should be changed.

Australian Industry Group data shows the construction sector has expanded for a third straight month.

The full text of the Trans-Pacific Partnership (TPP) has been released, causing Australian Trade Minister Andrew Robb to tell everyone to calm down.

The vice-chancellor of a Group of Eight (Go8) university has broken ranks, saying there is no crisis in Australia's higher education system and there is no particularly strong case for students to have to pay more.

RBA governor Glenn Stevens has told a major economic forum that interest rates will likely stay on hold for the time being, as inflation is under control and home prices are cooling.

New research has found the winners and losers in the push to raise the GST, and unsurprisingly, the poor do not come out on top.

Secretary of the Department of the Prime Minister and Cabinet (PM&C), Michael Thawley, says the Australian Public Service (APS) should “open its doors” to the outside world.

Prime Minister Malcolm Turnbull has hinted that his government will fund the final two years of the Gonski education model.

Adelaide ship-builder ASC has picked itself up from a rough year to post a profit of almost $22 million.

Experts say it is hard to tell what happens to billions of dollars in taxpayer funds handed out in the Government's Direct Action climate policy.

ASIC says it has observed some positive progress in the wake of Future of Financial Advice (FOFA) reforms and new fee disclosure statement rules.

Industry Super Australia chief executive David Whiteley says “there is no room for ideology in superannuation policy”.

Analysts say that if ASIC follows the lead of its UK counterpart, Australia's major life insurers could be faced with a remediation bill of over $1 billion over 10 years.

The Australian Academy of Science has become the latest major institution to offload its fossil fuel investments.

ANZ says that despite the “constrained environment” it operates in, it managed to achieve a $7.2 billion profit.

Profit shifting has led to big costs for Chevron, with the Supreme Court ruling it must pay $322 million to catch up on its tax-dodging.

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Even though many of us have been forced indoors, the COVID-19 crisis is eroding our privacy.

I am Tim Hall; a red-blooded, beer-drinking, Commodore-driving Australian male who has no interest in watching sports – at least, not the sports played by humans.

This week marked an astounding leap forward, scientifically speaking - taking a picture of something that cannot be seen.

Chiropractic is a surprisingly popular form of alternative medicine - so mainstream that it’s hardly ‘alternative’ and so non-scientific that it’s barely ‘medicine’.

Our cars are being programmed to kill us.

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