Fresh fuel supply fears hosed down after refinery blaze
Australia will lean more heavily on fuel imports after a fire caused by a suspected gas leak ripped through one of the nation's two oil refineries.
Economy, Business and Finance
Job market yet to feel impact of Iran war, rate hikes
Australia's relatively low jobless rate has reinforced the Reserve Bank's view the labour market is still tight, adding to the case for more rate hikes.
Record defence spend to counter ‘more dangerous world’
Australia will soon spend more than it ever has on defence outside of wartime, but the opposition has dismissed it as "creative accounting".
Farmers warned over fuel theft after 1000 litres stolen
A man is accused of stealing 1000 litres from a property amid diesel thefts spanning two states, prompting a warning to farmers from police.
Fewer flights, higher fares take off for Virgin flyers
Domestic passengers can expect to pay higher airfares for longer as another Australian carrier announces it is slashing capacity.
China-linked firm takes majority stake in Qld coal mine
Yancoal Australia is buying an 80 per cent stake in the Kestrel coking coal mine in central Queensland, Australia's largest underground coal mine.
Trump-style social media vetting a ‘phenomenal waste’
Coalition plans to screen visa applicants' social media have been criticised as unrealistic due to the huge numbers of people applying for entry each month.
breaking_news
diesel fuel
diplomacy
economy, business and finance
energy and resource
exports
imports
international (foreign) trade
international relations
politics
Brunei pledges to strengthen fuel supply to Australia
Prime Minister Anthony Albanese has wrapped up his visit to Brunei by sealing a deal with the country's sultan for fuel to flow to Australia.
Chronic housing shortage heaps more pain onto renters
Australian renters are spending a record share of their income on housing costs as a chronic shortage of stock drives prices higher across the nation.
Rinehart saves Hancock crown jewels, but rivals cash in
Billionaire Gina Rinehart will be forced to pay hundreds of millions of dollars to two rival mining dynasties after a bitter legal feud over iron ore riches.
‘Pretty severe’: warnings for Australia ahead of budget
One of the world's leading economic bodies has warned a global recession could be on the way if the Middle East conflict is not resolved quickly.
RBA’s stagflation nightmare: prices up, confidence down
Consumer and business confidence has taken a dive following the Iran conflict, highlighting the Reserve Bank's dual fears of falling activity and rising prices.
Qantas route cuts will hit hard for regional travellers
Australians in regional areas will bear the brunt of increased airfares and reduced services as Qantas cuts routes in response to increasing fuel prices.
diesel fuel
diplomacy
economy, business and finance
energy and resource
exports
imports
international (foreign) trade
international relations
petrol
politics
Unions lobby to unlock fuel cap for workers who drive
Australia's peak union body is calling for fuel allowances for workers to be increased to help them meet rising costs at the bowser.
Inquiry launched as governments spar over oil project
A state government has launched an inquiry into new environmental laws as it calls for a national interest exemption for an oil exploration project.
IVF giant again in play after new bid pumps up shares
A major player in the IVF service space is considering a higher takeover proposal from a consortium made up of two heavyweight investment firms.
international (foreign) trade
oil and gas - upstream activities
politics
unrest, conflicts and war
war
Australia won’t join Trump’s Strait of Hormuz blockade
Australia has not been asked to help stop ships travelling through the critical Middle East waterway and doesn't expect to be, the prime minister says.
Reality bites as Gen X defers cost of living
As fuel costs soar, more consumers are choosing to buy now and pay later - and the biggest spenders may come as a surprise.
Spoils of Iran war to deliver Chalmers a budget boost
The federal budget will be billions of dollars better off, even with added spending, because of higher commodity prices and inflation, a top economist says.
Richest state could fuel up for ‘tough’ times
A cashed-up state government could build its own emergency fuel reserve while still expecting to receive its cut of the national stockpile.
RBA to sift through jobs data as world watches Hormuz
The labour market will be top of the economic agenda in the coming week, while speaking engagements from central bank officials will be closely studied.
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unrest, conflicts and war
More cost relief on table as Aussies asked to save fuel
The impacts of the energy crisis will likely continue even if a Middle East ceasefire holds, the government warns as it prepares to roll out an ad campaign.
auto trends
automotive equipment
consumer goods
consumers
diesel fuel
economy (general)
energy (general)
environmental issue
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transport
High-performance EVs and hatchbacks ready to steal show
After smashing sales records in Australia, electric vehicles are expected to be in high demand at the largest motor show in the southern hemisphere.
You’ve got mail: tales from Australia’s oldest ‘postie’
After running the Bellata post office for more than three decades, Australia's oldest postmistress reflects on her time in the mail industry.
Fuel ships inbound but supply uncertainty lingers
National diesel reserves inch higher as the federal government confirms 57 tankers are on their way to Australian shores.
ASX has best week since 2022 despite ceasefire strain
Hopes oil might resume flowing through a key shipping route have buoyed investor sentiment, but relations remained strained ahead of key US-Iran talks.
Peter Dutton lands LNP-appointed investment gig
Former opposition leader Peter Dutton has been appointed to a new role to bolster mining and defence investment in his home state.
breaking_news
diesel fuel
diplomacy
economy, business and finance
energy and resource
exports
imports
international (foreign) trade
international relations
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Australia inks fresh fuel supply deal with Singapore
Australia's largest supplier of refined fuel will continue to provide petrol and diesel amid global uncertainty as part of a new agreement.
Almost 5000 electric vehicles recalled due to fire risk
A major car brand will recall thousands of its most popular electric vehicles after discovering a fault that could lead to a fire while charging.
Data reveals key to fixing housing affordability crisis
Two major cities are becoming more unaffordable faster than other capitals, as they build fewer homes relative to population growth than Sydney and Melbourne.
Albanese seeks out fuel supply deal in Singapore visit
The prime minister is hoping an agreement with Australia's largest provider of oil can be reached as the Middle East conflict causes global volatility.