Emily Cadman

Australia is on track to cut its greenhouse emissions by 42% below 2005 levels by 2030, Climate and Energy Minister Chris Bowen said, citing new projections that will be released formally this week.

Australia’s government will introduce legislation this week to facilitate the largest overhaul of the central bank in a generation, including setting up a separate governance board and scrapping the treasurer’s power to reverse policy decisions.

Australia’s energy minister has ruled out a ban on new coal mines as part of the country’s overhaul of climate policy.

Australian Treasurer Jim Chalmers promised the government would deliver a “responsible” budget to avoid stoking further inflationary pressures in the economy.

Hot US Housing Market Drives Home Equity Loans and Cash Out Refinancing Binge  Bloomberg

From Bitcoin to Ether and Tether to Dogecoin, test your knowledge of the cryptocurrency world

Just days after Didi Global Inc., China’s version of Uber, pulled off a $4.4 billion initial public offering in New York, the Chinese cyberspace regulator effectively ordered it removed from app stores in its home market, citing security risks. The ruling doesn’t stop the company from operating -– its half-billion or so existing users will still be able to order rides for now. Still its shares fell in New York below its IPO price on July 6 as China said it’s increasing supervision and revising r

From the U.K. to Singapore, investors are questioning whether the glossy developments displayed in a real estate company’s slick marketing were real.

The U.S. president wants to cut back a tax break that allows investors to keep buying and selling properties without paying capital gains.

Resort-style luxury is in, whether that’s Instagram-worthy wine cellars or a penthouse bedroom that doubles as a garden.