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  • Greens claim single lower house election win in Brisbane seat of Ryan | ABC NEWS
    Queensland Senator Larissa Waters won't rule out a tilt at the Greens leadership, as the party declares victory in the inner-Brisbane seat of Ryan. Subscribe: http://ab.co/1svxLVE
    Read more here: https://www.abc.net.au/news/2025-05-13/greens-mp-elizabeth-watson-brown-larissa-waters-federal-election/105285330
    ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC NEWS, click here: https://ab.co/2kxYCZY
    Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
    Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
    Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
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    Note: In most cases, our captions are auto-generated.
    #ABCNEWS #ABCNEWSAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=5u8uBe9ihIQ
    3 min
  • Is the Trump tariff pause a victory or a backdown? | ABC News
    US President Donald Trump is claiming the deal between Washington and Beijing to pause tariffs is a win for the White House in the economic standoff. China disagrees, with its President Xi Jinping saying there are no winners in a trad war. The tariff dispute had brought nearly $600 billion in two-way trade to a standstill, disrupting supply chains, sparking fears of stagflation and triggering some lay-offs.
    Subscribe: http://ab.co/1svxLVE
    Read more: https://www.abc.net.au/news/2025-05-13/trump-china-tariffs-capitulation-markets-respond/105285374
    ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC NEWS, click here: https://ab.co/2kxYCZY
    Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
    Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
    Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
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    Note: In most cases, our captions are auto-generated.
    #ABCNEWS #ABCNEWSAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=WrR5UkGlxiI
    3 min
  • Hydrogen and water offices dissolved as SA government shifts duties to department | ABC News
    Subscribe: http://ab.co/1svxLVE
    Read more here: https://www.abc.net.au/news/2025-05-01/sa-government-hydrogen-office-dissolved/105239980
    The South Australian government has denied a decision to dissolve a standalone office for hydrogen signals a lack of commitment to the fuel source over the long term — but the opposition says it shows the plan now lies "in tatters".
    The Office of Hydrogen Power South Australia was created to carry out the state government's pre-election promise to build a hydrogen power station and electrolyser near Whyalla.
    ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC NEWS, click here: https://ab.co/2kxYCZY
    Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
    Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
    Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
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    #ABCNEWS #ABCNEWSAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=Dve-6DLBTQA
    3 min
  • Calls for an inquiry into Bunnings after ABC investigation | The Business | ABC NEWS
    A former competition watchdog chair says there's a strong case for an inquiry into the hardware sector and Bunnings role within it. Allan fels is also calling for a probe into the company's use of exclusivity clauses following a joint investigation by the ABC's Four Corners program and The Business. Emails seen by the ABC show Bunnings has repeatedly used its size and market power to block competitors from setting up in retail precincts where it already has a store. Such restrictive lease agreements are prohibited in the supermarket sector. But Bunnings is not subject to the same competition rules as Coles and Woolworths, despite rivals believing it has more market power than the pair combined. Bunnings, which has 310 warehouses across the country, says such agreements are only used on "select occasions" to protect its investment and that these usually only last 10 years. Such agreements were phased out in the supermarket sector from 2010 because the regulator, the Australian Competition and Consumer Commission (ACCC), saw them as a major impediment to competition. This followed Coles and Woolworths agreeing to an enforceable undertaking with the ACCC. The joint investigation also spoke to businesses that went bust or think they may have to close down because of Bunnings stores opening in their area. Bunnings says new store openings are about "enhancing", not eliminating, competition. Bunnings's market share is highly disputed. It says it only accounts for 17 per cent, as it competes across several sectors, against a range of stores like Amazon, Coles, Myer, Spotlight and Petbarn. Market research firm IBISWorld says Bunnings's parent company Wesfarmers has a 33 per cent share of the retail hardware sector, noting it is "far and away the leading player in the hardware retailing space". Some competitors claim the figure is much higher.
    #ABCBusiness
    Subscribe: http://ab.co/1svxLVE
    Read more here: https://www.abc.net.au/news/2025-05-13/bunnings-warehouse-competitors-suppliers-four-corners/105281266
    ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC NEWS, click here: https://ab.co/2kxYCZY
    Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
    Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
    Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
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    Note: In most cases, our captions are auto-generated.
    #ABCNEWS #ABCNEWSAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=HfNZbpWSgEI
    5 min
  • Markets surge on news of Trump tariff truce | ABC News
    A US-China trade deal that will cut tariffs saw US stock markets soar, with Australia's stock market jumping higher in response. As Alan Kohler explains, global shares have almost recovered the losses from when US President Donald Trump's 'Liberation Day' on April 2nd saw sweeping important duties announced on almost every nation, in particular China. Meanwhile, new data has shown a small uptick in Australian consumer sentiment this month.
    Subscribe: http://ab.co/1svxLVE
    Read more here: https://www.abc.net.au/news/2025-05-13/asx-markets-business-live-news-may13-2025/105281934
    ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC NEWS, click here: https://ab.co/2kxYCZY
    Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
    Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
    Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
    Follow ABC NEWS on X (Twitter): http://twitter.com/abcnews
    Note: In most cases, our captions are auto-generated.
    #ABCNEWS #ABCNEWSAustralia #abcbusiness
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    Video at Youtube: https://www.youtube.com/watch?v=1VZroBgBYCk
    2 min
  • Double-size rate cut on the way in May, says NAB chief economist | The Business | ABC NEWS
    National Australia Bank's chief economist, Sally Auld is backing in the bank's prediction of a half a percentage point interest rate cut when the Reserve Bank meets on May 20.
    She says in her opinion, it won't be a question of whether the RBA holds or cuts interest rates, rather, it's a question of the size of the rate cut.
    She says NAB's argument for a double sized rate cut mainly revolves around the last RBA meeting taking place just before Donald Trump's Liberation Day tariffs came into effect and the news and economic cycle that followed. Now, the RBA would "simply be playing catchup" on getting back to a neutral setting.
    Sally Auld joined The Business as NAB's monthly Business Confidence survey results were released for April, which revealed a sharp decline in capital expenditure, softer forward orders and a decline in the measure of profitability.
    She said: "That's quite a worrying one, because what it tells us is that businesses are finding overall conditions quite challenging at the moment and that's being reflected in pressures on margins."
    She says NAB will be watching profitability closely over the coming months, because "if we see further declines in profitability, then that might start to ring some alarm bells in terms of what that might imply for the labour market outlook."
    #ABCBusiness
    Subscribe: http://ab.co/1svxLVE
    ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC NEWS, click here: https://ab.co/2kxYCZY
    Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
    Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
    Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
    Follow ABC NEWS on X (Twitter): http://twitter.com/abcnews
    Note: In most cases, our captions are auto-generated.
    #ABCNEWS #ABCNEWSAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=rmWerlLmVL4
    9 min
  • Brisbane’s landmark Story Bridge could bring back tolls to fund restoration | ABC NEWS
    Brisbane’s Story Bridge would be unsafe for cars within 20 years without major repairs as tolls or a levy are considered to help fund it.
    #ABCNewsQld by Laura Lavelle
    Subscribe: http://ab.co/1svxLVE
    Read more here: https://www.abc.net.au/news/2025-05-13/brisbane-story-bridge-sydney-harbour-toll/105284996
    ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC NEWS, click here: https://ab.co/2kxYCZY
    Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
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    Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
    Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
    Follow ABC NEWS on X (Twitter): http://twitter.com/abcnews
    Note: In most cases, our captions are auto-generated.
    #ABCNEWS #ABCNEWSAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=Omb_GltNwYo
    3 min
  • US President arrives in Saudi Arabia for regional talks | ABC News
    US President Donald Trump is on a three-day trip to the region, visiting Saudi Arabia, Qatar and the United Arab Emirates. It's the first international trip for Mr Trump since he returned to the White House in January. Wall Street Journal correspondent Stephen Kalin says the President's tour is all about striking investment deals with Gulf states.
    Subscribe: http://ab.co/1svxLVE
    ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC NEWS, click here: https://ab.co/2kxYCZY
    Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
    Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
    Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
    Follow ABC NEWS on X (Twitter): http://twitter.com/abcnews
    Note: In most cases, our captions are auto-generated.
    #ABCNEWS #ABCNEWSAustralia #abcnewschannel
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    Video at Youtube: https://www.youtube.com/watch?v=NagS1f6xhBk
    7 min
  • Sean 'Diddy' Combs trial begins in New York | ABC NEWS
    A New York jury has begun hearing evidence in the high-profile hip-hop mogul Sean "Diddy" Combs' trial. Combs stands accused of sex trafficking and racketeering. The 55-year-old has denied all allegations and faces the possibility of life in prison.
    Please be advised that this report contains graphic descriptions of sexual and domestic violence.
    Subscribe: http://ab.co/1svxLVE
    Read more here: https://www.abc.net.au/news/2025-05-13/sean-diddy-combs-trial-new-york-court/105284852
    ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC NEWS, click here: https://ab.co/2kxYCZY
    Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
    Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
    Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
    Follow ABC NEWS on X (Twitter): http://twitter.com/abcnews
    Note: In most cases, our captions are auto-generated.
    #ABCNEWS #ABCNEWSAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=nSxXVqkmC2U
    3 min
  • What's wrong with a country giving the US President a luxury plane as a gift? | ABC NEWS
    US President Trump is preparing to accept a luxury jumbo jet from Qatar to be used as his presidential plane. Reported and presented by Zac Schroedl.
    ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC NEWS, click here: https://ab.co/2kxYCZY
    Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
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    Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
    Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
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    #ABCNEWS #ABCNEWSAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=KehBLru1an8
    2 min

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