‘Peddling lies’: gas sector vents as tax pressure rises
The minister responsible for gas in Australia has poured cold water on calls for an export tax as industry figures insist they pay their fair share.
international (foreign) trade
‘Tiny’ tax returns on gas has leading economist fuming
Australians have finite stocks of gas and other natural resources and deserve a fair return on them, an inquiry has been told as calls grow for tax reform.
Battle lines harden as gas giants take on tax proposal
Gas producers have mounted a full-throated defence of their tax contributions in an inquiry exploring opportunities for higher export levies.
Reopening of strait “very fragile”, PM says
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.
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.
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.
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.
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.
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.
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.
All options on table in drive to shore up fuel supply
Encouraging the extraction of more fossil fuels and developing more renewable projects is being considered to bolster Australia's long-term energy security.
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.
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.
WTO talks end in deadlock after Brazil blocks deal
In a "major setback for global trade", the World Trade Organization has failed to secure a collective decision on e-commerce during talks in Cameroon.
Australia to have another ‘crack’ at Indian trade deal
Australia will go back to the drawing board with India on expanding its trade agreement, after finalising a free trade deal with the European Union.
Trump reschedules to meet Xi in China in May
A meeting between US President Donald Trump and China's head of state Xi Jinping will take place in mid-May, according to the White House.
EU leader touches down as PM hopes to land trade deal
The president of the European Commission has begun her three-day visit to Australia, as a long-awaited free-trade deal with the bloc appears set to be resolved.
Rationing not yet on the cards as fuel outlook worsens
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.
Cheaper goods to flow under ‘hard yakka’ EU trade deal
Australia and Europe will go on a tariff-slashing blitz, inking a historic trade deal after almost a decade of sometimes-intractable negotiations.
Israel strikes Iran again after killing supreme leader
The Middle East is in turmoil as Donald Trump issues a new warning to Tehran after Israeli and US strikes killed Iran's leader, prompting retaliatory attacks.
Trump furious after US Supreme Court upends his tariffs
A landmark US Supreme Court ruling has upended the leverage President Donald Trump and his trade envoys have wielded over foreign governments with tariffs.
Donald Trump to travel to China next month
US President Donald Trump will hold talks with his Chinese counterpart, Xi Jinping, late next month in China.
Asian economies weigh impact of fresh Trump tariff move
President Donald Trump has flagged raising temporary tariffs on almost all US imports from 10 per cent to 15 per cent.
EU won’t accept US tariff increase, ‘a deal is a deal’
Washington cannot be allowed to simply hike tariffs on EU products, the European Commission says - "a deal is a deal".
Canada’s PM to travel to Australia to boost trade ties
Canada's Prime Minister Mark Carney is set to address the federal parliament during an upcoming visit to Canberra.
Trump warns against ‘playing games’ with US trade deals
Donald Trump is threatening to hit any countries prevaricating over recently-negotiated US trade deals with much higher duties under different trade laws.
Security deal to strengthen ties on PM’s Indonesia trip
Australia and Indonesia's already positive relationship is set to be further boosted when a high-level security deal is formally signed.
‘Mother of all deals’: India, EU seal trade agreement
After nearly two decades of on-off negotiations, a trade deal between India and the European Union has been sealed, according to Prime Minister Narendra Modi.
Trump doubles down on Greenland but ‘won’t use force’
US President Donald Trump told the World Economic Forum in Davos he is seeking "immediate negotiations" to acquire Greenland, but said he would not "use force".
Trump flags Greenland deal ‘everybody’s happy with’
After weeks of rhetoric that shook the NATO pact and risked a new global trade war, Donald Trump has dropped threats to impose tariffs on European allies.