United Arab Emirates quits OPEC in blow to oil cartel
The United Arab Emirates says it is withdrawing from OPEC, stripping the oil cartel of one of its largest producers.
economy, business and finance
Turning wine into fuel could bolster local supplies
More than 350 million bottles of wine are gathering dust in Australian storage, and industry figures have an ingenious plan to stop them heading for the bin.
Tech ‘perfect storm’ needs ambitious online safety plan
Online safety advocates say a global push from governments is required to ensure tech companies design their products with the safety of citizens in mind.
‘Manosphere’ rise requires new gender equality approach
Gender equality activists have gathered for a landmark conference aimed at charting a new way forward as anti-rights movements gain traction.
Impact on inflation from fuel price hike to be revealed
The first inflation figures since the Iran war started, causing petrol prices to skyrocket, will give clues on its cost - with home-buyers watching closely.
consumers
diesel fuel
economy, business and finance
petrol
prices
productivity
unrest, conflicts and war
Extra diesel shipments prioritised for regional areas
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.
Oil and gas giant feels the heat from climate activists
Shareholders have jeered as protesters concerned about the environment repeatedly disrupted a meeting hosted by Australia's biggest oil and gas company.
Home builder cautious over war impact on supply chains
A major home builder says overall sales are healthy, despite some signs of a moderation in activity in April, as it watches supply chain impacts from the war.
Tesla profits rises in Q1 as Musk teases Roadster debut
Tesla, the electric vehicle maker run by billionaire Elon Musk, earned $US477 million in the first quarter of 2026, up 17 per cent from a year ago.
Aussie shares fall as war dims hopes for US rate cuts
The Australian share market has dropped 1.2 per cent after Donald Trump extended a ceasefire but his pick to lead the Fed has adopted a hawkish stance.
Truckies win fuel boost to fight dire price threat
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.
budgets and budgeting
economic policy
economy, business and finance
energy and resource
politics
social services
NDIS in treasurer’s sights as budget outlook darkens
The treasurer is playing down talk of an improvement to the federal budget bottom line after economists tipped an Iran war-driven revenue boon.
breaking_news
economy, business and finance
international (foreign) trade
international relations
peace negotiations
politics
trade dispute
unrest, conflicts and war
World weighs fate of Mideast ceasefire, US seizes ship
The fate of the Mideast ceasefire is in doubt as Tehran says it won't participate in a second round of negotiations after the US seized an Iranian cargo ship.
Break in economic data keeps Middle East in focus
Traders will be hoping US President Donald Trump strikes a permanent deal with Iran to keep the Strait of Hormuz open as the clock ticks on a fragile ceasefire.
Iranian gunboats fire on tanker in Strait of Hormuz
The US and Iran are locked in a stand-off over the Strait of Hormuz, with Iran reversing a move to reopen the waterway, firing on a ship attempting to pass.
Warning for borrowers as RBA frets over its credibility
The Reserve Bank is worried about 1970s-style runaway inflation if it loses credibility in fighting inflation, as analysts warn of up to five more rate hikes.
PM cuts short Asian fuel mission after refinery fire
Anthony Albanese will return to Australia early from overseas following a major blaze at one of the nation's two remaining fuel refineries.
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.
‘Who gave you the right?’: villagers take on gas giant
Leaders from remote Papua New Guinea villages have turned up at a shareholders meeting of gas giant Santos to question the board about a controversial project.
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.
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.
IMF cuts outlook, warns of potential global recession
An extreme scenario in which the Iran conflict lingers could push the global economy to the brink of recession, the International Monetary Fund says.
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.
‘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.
arts, culture and entertainment
economy, business and finance
human interest
imperial and royal matters
Prince Harry honours veterans during solo tour day
The Duke of Sussex has paid tribute to the power of sport in helping veterans overcome trauma, as his wife Meghan made a surprise return to television.
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.