Australia turns to key partner to lock in fuel supply
Australia will try to secure more fuel supply when Anthony Albanese jets off for talks with his Singaporean counterpart.
Australia will try to secure more fuel supply when Anthony Albanese jets off for talks with his Singaporean counterpart.
Households and businesses face months of high fuel prices and associated costs even if there is a swift end to the Middle East conflict that is choking supply.
Motorists are getting access to better, real-time information about changing fuel prices as one state launches a crackdown on service stations.
Australians are being urged to stick to Easter holiday plans following measures to cut costs at the bowser but fuel supply strength is being questioned.
Australia is open to a cap on gas and coal prices if they spike due to the widening conflict in the Middle East, the Albanese government says.
Australia has joined nations for talks about a vital oil corridor, as the UN Security Council considers whether "defensive" action can be taken against Iran.
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Fuel shortages and price rises are providing a "tipping point" for electric vehicles in Australia, with one brand selling out of its local stock.
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.
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.
After criticising Anthony Albanese for making a national televised speech on the fuel crisis, Angus Taylor has made an address to attack the government.
After a record-breaking year, agricultural businesses may need to change their approach to succeed amid worldwide supply issues.
Australians are being warned the fuel crisis could worsen as Anthony Albanese uses a national address to urge motorists to think of others when filling up.
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The global fuel crisis could be a turning point for electric vehicle sales in Australia, with one subscription service reporting record adoption.
Fuel prices won't immediately become cheaper at the bowser as a tax cut comes into effect, and might take weeks to flow through to motorists.
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Three electric truck charging hubs will be built in one Australian capital city in the first stage of a project designed to power up the transport transition.
The government has moved to cut taxes on petrol and diesel, as the Middle East war sends global oil prices through the roof.
Free public transport will be offered across two states to offset petrol price pain and soaring demand amid the global oil crisis.
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Skyrocketing diesel prices are adding cost and uncertainty to heavy transport and operators are calling for help to change the industry's direction.
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Business groups have urged the government to cut the road-user charge for trucks, but not the fuel excise for all motorists.
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Australians are being urged to use common sense instead of stockpiling petrol and diesel as the government proposes new powers to secure supplies.
Data on fuel has revealed which capital cities are offering the cheapest and most expensive prices as motorists are urged to use an "undersold" option.
A court has fined an oil company $5 million and its chairman $1 million for cartel conduct in a case brought by the competition watchdog.
Enquiries about new and second-hand electric cars are setting records as motorists look for ways to avoid the rising price of petrol and diesel.
Fresh produce is likely to go up in price as higher fuel costs flow through the nation's supply chains, but relief to petrol shortages is on the way.
Innovative fuel-saving ideas are being tossed up to tackle Australia's shortages as the Iran war throws global oil trade into chaos and prices soar.
Measures to help more diesel flow into the domestic market have been announced as hundreds of service stations across Australia run dry.
Australia has been reassured by a key trading partner its fuel supplies are not at risk as other nations look to limit exports to support domestic markets.
The war in the Middle East has forced six fuel shipments to Australia to be cancelled, but a minister insists any shortages are demand not supply driven.
To address fuel availability issues at service stations, companies will be allowed to co-ordinate with each other on supply but not prices.
As dozens of servos run dry of petrol and diesel, the nation's road commuters are being told to go slower or even stay at home to ease the pain of fuel shocks.
Australia will have a single point of contact co-ordinating fuel supplies and issues that might arise due to the Iran war, with further measures expected.