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.
Economy, Business and Finance
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.
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.
‘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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Nationals leader eyes economics showdown with Liberals
Matt Canavan plans an "economic revolution" but he might struggle to win over coalition colleagues with his calls for more tariffs and government intervention.
Best day in a year as Aussie shares surge on Iran truce
The bourse has clocked its best session in a year after a US-Iran ceasefire deal supported hopes of de-escalation and improved oil flow from the Middle East.
Bonza Airlines came a cropper due to ‘maverick’ backer
There is room for more competition in Australian aviation despite the failure of two regional carriers, according to the former boss of Bonza Airlines.
Big-selling Aussie ute recalled due to steering risk
Australian motorists are being urged to have their popular ute inspected and repaired after the discovery of a potentially deadly issue.
Aussie shares pare early gains as Iran deadline looms
Australia's share market has risen to four-week highs, but investor optimism could be short-lived with the potential for escalating conflict in the Middle East.
Shares dip, oil soars after Trump ramps up Iran threats
Australia's share market has dipped ahead of the long weekend after hopes of a timely end to the Iran conflict crumbled under US threats to escalate attacks.
Extra fuel savings on the way after states end feud
About $400 million of extra GST revenue as a result of the oil spike will be returned to motorists, despite the negative impact it will have on state buffers.
Fuel fears drive more Aussie buyers to electric cars
Fuel shortages and price rises are providing a "tipping point" for electric vehicles in Australia, with one brand selling out of its local stock.