Rachel Pupazzoni
Rachel Pupazzoni has been a journalist with ABC News since 2006. She is currently a multi-platform reporter with the Business News team, based in Sydney, and hosts Close of Business. Rachel has previously worked as a reporter and presenter on News Breakfast, ABC News and the ABC News Channel in Melbourne, Sydney and Perth, as well as in regional Western Australia. You can follow Rachel on Twitter @RachelPupazzoni.
Latest by Rachel Pupazzoni
Energy giant Woodside backs away from $80 billion merger deal with Santos
By business reporter Rachel Pupazzoni and Cason Ho
The combined business would reportedly have had an LNG (liquefied natural gas) capacity of 16 million tonnes a year.
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Australia narrowly avoided recession this year. Here's what these experts think will happen in 2024
Australia technically avoided a recession in 2023, though living standards went backwards for most of the population. Here's what four leading economists tip could happen in 2024.
If diamonds are a girl's best friend, why are their prices in freefall?
Diamond prices have fallen significantly since the start of last year, but even with higher interest rates and competition from lab grown stones, industry insiders say they don't expect the recent price declines to last forever.
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Australia's iron ore miners are battling resource depletion and a 'structural peak' in China
Australia's leading iron ore miners are starting to diverge on their views about future demand for the commodity that's vital to our economy, and it's showing up in their investment decisions.
'Hotly contested' real estate markets starting to cool as more homes hit the market
Property prices accelerated 0.9 per cent in October, but there are signs the rate of growth is slowing.
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To the untrained eye it looks like any ordinary rock, but what it can produce is 'critical' to our future
The race towards to a clean energy future is driving a momentous increase in demand for critical minerals. But just what those minerals are in Australia is up for debate — and it will have a major impact on the future of life as we know it.
'Don't know what to do': Home owners struggling to meet mortgage repayments as RBA leaves rates on hold again
By business reporters Kate Ainsworth and Rachel Pupazzoni
The Reserve Bank has left the cash rate unchanged at 4.1 per cent for the fourth month in a row at Michele Bullock's first meeting as governor, but warns another rate hike may be needed as uncertainty grows around oil prices.
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Three years after Juukan Gorge disaster, Rio Tinto blast damages ancient rock shelter
By Garrett Mundy and business reporter Rachel Pupazzoni
Mining giant Rio Tinto says it has apologised to traditional owners after a blast at one of its operations in WA's Pilbara caused damage to an ancient heritage site.
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Hannah is one of thousands of home owners seeing the light as RBA leaves rates on hold again
By business reporters Kate Ainsworth and Rachel Pupazzoni
The Reserve Bank leaves interest rates steady at 4.1 per cent for the third month in a row, but says further increases to rates may be needed to bring down inflation in line with its target.
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Inflation eases more than forecast in July but housing costs continue to rise
By business reporters Stephanie Chalmers and Rachel Pupazzoni
Inflation cooled more than forecast over the 12 months to July, with the ABS monthly index showing consumer prices easing to an annual pace of 4.9 per cent last month.
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'You're not the airline that you used to be': Qantas customers left out-of-pocket despite bumper profit results
By business reporters Kate Ainsworth and Rachel Pupazzoni
Qantas has reported a mammoth $1.7 billion profit after years of COVID-induced turbulence, but once-loyal customers say the airline's recent actions put it at odds with its 'Spirit of Australia' motto.
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'Turned a blind eye and accepted it': Women in mining speak out against sexual harassment
A growing chorus of women from all levels of the mining sector are speaking out against gendered discrimination, bullying, a lack of opportunity and, at the extreme end, sexual harassment and assault.
'We need to sell': Why Australians are ditching homes they bought just a couple of years ago
By business reporters Michael Janda and Rachel Pupazzoni
A surge in sales of homes purchased within the past two or three years has analysts and agents concerned the property market is rolling over as mortgage stress bites.
Inflation falls faster than expected. Has the Reserve Bank already increased interest rates too far?
By business reporters Michael Janda and Rachel Pupazzoni
Inflation has slowed down again, with consumer prices up 6 per cent over the year to June, below most economists' forecasts and reducing the chance of an RBA rate rise next week.
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When Diogo was looking for experience, hiring Andrew out of retirement was a 'no brainer'
By business reporters Rachel Pupazzoni and Michael Janda
Australia's buoyant jobs market is so far easily absorbing a record migrant intake, with many employers turning to retirees to fill vacant positions.
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Have you returned to the workforce from retirement? We'd like to hear why
By business reporter Rachel Pupazzoni
With such a tight labour market, many employers have been hiring older workers. If you run one of those businesses, or a worker who has come out of retirement, we'd like to hear from you.
'I don't go to the doctor anymore': Angela rents in the most affordable capital city, but one more increase will make her homeless
By business reporters Kate Ainsworth and Rachel Pupazzoni
Data from CoreLogic shows rental prices have continued to climb as the market battles chronic housing shortages and rising demand for housing. But despite an increase in the rental vacancy rate, rents are expected to keep rising.
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The 'real danger' confronting property markets as house prices continue to rebound
By business reporters Michael Janda and Rachel Pupazzoni, with Tony Ibrahim
Sydney, and particularly the most expensive areas within it, is leading a national house price rebound. But can it survive further interest rate rises and a possible recession?
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'Lowest household saving in 15 years': Australia’s economy grows by 'slower than expected' 0.2pc in March quarter
By business reporters Gareth Hutchens and Rachel Pupazzoni
Australia's economy grew by 0.2 per cent in the March quarter, slower than economists were expecting, dragging the annual rate down to just 2.3 per cent.
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Amit's firm has modelled the jobs most likely to be affected by AI. The top 10 might surprise you
By business reporter Rachel Pupazzoni
With productivity falling in Australia and AI developments advancing, could the technology be the answer to boosting output, or will it cause more job losses?
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Korea's demand for Australian hydrogen has never been higher. Is it the start of a new mining boom?
By business reporter Rachel Pupazzoni in South Korea
As South Korea edges closer to being solely powered by renewables come 2050, the manufacturing industries of Australia's third-largest trading partner believe hydrogen gas is the answer to help reach its target.
RBA may resume raising interest rates with 'few signs of weakness' in booming jobs market
By business reporters Michael Janda and Rachel Pupazzoni
The unemployment rate remains steady at 3.5 per cent, with the creation of an estimated 53,000 jobs in March.
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Tayla and Jeremy's mortgage repayments have risen $500 since September. The RBA has given them room to breathe
By business reporters Kate Ainsworth and Rachel Pupazzoni
After 10 consecutive rises, the Reserve Bank has pumped the brakes on interest rates — much to the relief of mortgage borrowers and Lifeline, which has seen more first-time home owners suffering financial distress.
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The current cash rate is not 'sustainable'. Economist argues for Reserve Bank pause as inflation eases
By business reporters Michael Janda, Rachel Pupazzoni and Kate Ainsworth
The official measure of inflation falls for the second month in a row, easing pressure on the Reserve Bank to hike interest rates next week.
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The ASX rises almost 1 per cent as GFC fears subside and market anticipates tonight's US Fed decision — as it happened
By business reporters Rachel Pupazzoni and Daniel Ziffer
The share market added almost 1 per cent today after foreign stockmarkets soared, following the US and UK governments seeking to reassure markets of the stability of the global financial system. The US Federal Reserve will give its view of the economy overnight on Wednesday, when it meets to consider interest rates.
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