Economic outlook ‘tricky’ despite strength
Australia's economic recovery has been faster and better than expected, but war in Europe and China's COVID-19 outbreaks are wildcards for the nation's outlook.
petrol
Billionaire Palmer pivots to living costs
Senate hopeful Clive Palmer says his United Australia Party will freeze the fuel excise as the billionaire attempts to pivot to cost-of-living pressure.
Mixed views on ethanol as oil shock answer
Australia's petrol and diesel taxes are already amongst the lowest in the world, prompting calls for greater use of ethanol to provide relief at the bowser.
Fuel relief decision put off until budget
Motorists will have to wait until later in the month to see how the federal government plans to ease pressure on petrol prices as they soar above $2 a litre.
Nationals call for fuel excise cut
Two members of the federal coalition's junior partner have called for a cut in the fuel excise as petrol prices continue to climb above $2 a litre.
Australia pushes to isolate Russian sports
Sports Minister Richard Colbeck says athletes and teams representing Russia or Belarus are not welcome in Australia.
Ukraine crisis fuels record petrol prices
Fuel has surged to its highest-ever pump price of more than two dollars a litre in parts of Australia, with the Russian invasion of Ukraine partly to blame.
Lofty petrol prices tipped to move higher
Motorists cringing at the price of petrol should brace for more financial pain as tension in Europe and a recovering economy send oil prices higher.