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Australia’s economic slowdown is just beginning, economists warn, as interest rate rises and cost-of-living pressures weigh on households.

Funding for hundreds of new homes in regional towns across Western Australia has been given a boost with a $170 million contribution from the State’s resources sector.

The big four ASX-listed iron ore stocks collectively lost about $16 billion on Thursday after the “Pilbara killer” mine in Africa beat expectations.

Surging exports from the giant “Pilbara killer” iron ore mine in Guinea have spooked investors in WA’s powerhouse producers of the steel-making ingredient

Snowy Hydro has conceded it may miss its 2028 deadline for finishing the Snowy 2.0 project and revealed its “disappointing” Italian contractor Webuild could suffer losses depending on the size of a major budget blowout.

Routine farming operations have been criminalised by federal environmental law changes, say farmers, who are demanding Environ­ment Minister Murray Watt intervene to avoid a hit to ­farm productivity and food ­security.

Discipline needed for governments to spend like they had to earn it

Unions are threatening to shut down BHP’s only iron ore export port in what shapes as a dire blow to the Australian economy.

Instead of driving productivity and improving Australians’ lives, this budget risks penalising hard work, taxing business growth and stifling entrepreneurship.

Gina Rinehart says the Albanese government’s capital gains tax changes will ultimately hurt the federal budget bottom line as mining and other business investment moves offshore.

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