Petrol price hikes fuel record electric vehicle sales
The soaring price of petrol is sending more Australian drivers to electric cars and the trend could change the worldwide automotive market.
The soaring price of petrol is sending more Australian drivers to electric cars and the trend could change the worldwide automotive market.
How far and how fast can a battery-powered prime mover go? One Australian start-up is doing the sums so freight businesses don't have to.
The prime minister has left the door open to more tax relief at the bowser as state governments attempt to shore up their own fuel supplies.
Fuel excise relief appreciated by Australian motorists may not end in July, as the government promotes other tax cuts due to begin at the same time.
Early results in a state by-election indicate a swing towards the ruling LNP government in a race that will go down to the wire.
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diesel fuel
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Budget announcements for green industry and nature protection fall short as climate costs mount and opportunities to extract more fossil fuel income go missed.
South Australia could stockpile up to 20 million litres of diesel, touting a bigger fuel buffer than larger jurisdictions, as states rush to lock in supplies.
Australia has taken steps to shore up security of fuel and fertiliser under a multibillion-dollar package as supply chains remain disrupted by the Iran war.
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With the Strait of Hormuz still shut and stockpiles running down, economists warn fuel prices could spike above levels previously seen during this oil crisis.
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Australian drivers have broken the record for electric car sales again, as petrol and diesel-powered vehicle sales stall.
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economy, business and finance
interest rate
mortgages
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Mortgage holders are back to square one after a third straight Reserve Bank rate hike, adding hundreds of dollars more to interest repayments since February.
Higher fuel prices could be just weeks away as conflict in the Middle East drags on, with the nation's leaders committing to further crisis talks.
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More than 400 apartment buildings could get access to electric vehicle chargers as part of a push to remove a speed bump to their adoption.
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A rate hike in May is forecast by analysts after the Iran oil shock pushed the annual headline inflation level to the highest point in almost three years.
Confusion reigns over who would pay for a coalition plan to add one billion litres to Australia's emergency fuel stocks - and if the supply figures add up.
Motorists in one state will receive a one-off rebate on car registration to ease cost-of-living pressure as fuel prices soar across the country.
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unrest, conflicts and war
Two additional cargo ships of diesel will come into Australia, bringing in 100 million litres of supply after deals struck with two major fuel companies.
Road tests show most vehicles are using more petrol, diesel or electricity than advertised, with one hybrid SUV using almost 30 per cent more fuel.
As the repercussions of the US-led war on Iran continue and a crucial oil corridor remains effectively closed, Australia has topped up its fuel supply.
A renewable diesel project has been unveiled as a state government shores up fuel security after butting heads with the commonwealth over a proposed oil field.
State and territory leaders will meet again with the prime minister to discuss the fuel crisis, as new orders for companies using truckies come into effect.
The number of voters backing Pauline Hanson's political movement appears to have plateaued, but the firebrand senator says her rivals are copying her policies.
Transport workers could soon be getting more money to cover the costs of rising fuel prices from the Iran war after a decision from the workplace watchdog.
Australian motorists are caught between the US and Iran as the Islamic republic backflips on a promise to reopen a critical shipping route.
Dozens of oil tankers are on their way to Australia through the Strait of Hormuz as an international mission gets under way to ensure the waterway remains open.
The Australian dollar is trading at multi-year highs as signs of de-escalation support the global growth outlook, but the optimism has not extended to shares.
Anthony Albanese will return to Australia early from overseas following a major blaze at one of the nation's two remaining fuel refineries.
Fertiliser, fuel and a refinery fire at home are causing concern amid the ongoing conflict in the Middle East.
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Australians are considering electric cars as fuel prices rise, with potential buyers fuelled by the possibility of saving money rather than the environment.
A man is accused of stealing 1000 litres from a property amid diesel thefts spanning two states, prompting a warning to farmers from police.
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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.