Yesterday
EV tax break to roll on as sales soar
The Albanese government is reconsidering plans to scale back the $1.3 billion-a-year fringe benefits tax exemption for electric vehicles.
Australia’s fuel crisis is just the first domino to fall
Rebuilding our lost sovereignty will require government to rein in profligate spending on industry losers and stop treating the budget as a bottomless well.
Oil crisis flows through to Australian dinner plate
Rising costs and budget-wary consumers are squeezing restaurant owners like Sam Young, as farmers warn high fuel prices mean worse to come.
Why the super sector should be doubly worried about Iran
The superannuation sector hopes the Iran crisis is solved quickly so it can avoid the risk of a nasty bear market colliding with persistent operational issues.
After Trump’s rebuke, Washington insider backs Albanese’s war effort
The US president hit out at Australia’s war effort, as he again extended a deadline for Tehran to open the Strait of Hormuz or face strikes on its power plants.
This Month
Labor’s wage rise plan amid oil spike risks ‘stagflation’
Economists fear a decision to increase minimum pay could aggravate impacts of the energy price shock, push inflation higher and put more people out of work.
Full speed ahead on Qld’s Taroom Trough oil amid fuel security fears
Oil from 3 kilometres underground in south-east Queensland could flow to Ampol’s Brisbane refinery within two years, helping cut reliance on imports.
‘Needless secrecy’: Government resolves to be upfront over fuel crisis
National cabinet will meet next Monday to discuss the crisis, amid some internal frustration over the government’s tone and messaging to date.
‘Really escalating now’: Lobster prices to rise before Easter
Fuel insecurity is driving up prices for lobster fishers and prompting some West Australian farmers to delay seeding ahead of the first autumn rain.
War will keep inflation ‘higher for longer’: Chalmers
New data from the period before the Iran conflict broke out shows headline inflation in Australia remained high and outside the Reserve Bank’s target range.
The ASX is a defensive bet. So why has it fizzled during the Iran war?
Investors usually look to the Australian sharemarket as a safe haven. But this month it tanked, as the Middle East conflict hurt miners and the big banks.
Iran may have just de-escalated. Here’s what investors must do
Markets are wary about Donald Trump’s declarations about the war ending. But one strategist says they should also watch Tehran’s actions, not its words.
South Korean energy curbs escalate calls for Canberra emergency plan
One of Australia’s leading suppliers of diesel and petrol has placed restrictions on car use, ramping up pressure on the federal government to act locally.
Consumer confidence hits historic low ahead of May budget
The worst confidence result in more than 50 years has economists concerned about Treasurer Jim Chalmers’ ability to sell an ambitious tax plan in the budget.
‘Brace for swings on every tweet’: Investors bamboozled by peace talks
Stocks were supposed to soar on Tuesday. Instead, the ASX finished up just 0.2 per cent as jittery traders await Donald Trump’s next move.
Why last year’s safe haven assets are now getting smashed
Gold and silver went gangbusters in 2025 as Donald Trump’s tariff chaos drew safe haven demand. But war in the Middle East has investors running for the exit.
Iran targets Israel and Gulf states as Trump looks to calm markets
The US president’s assertion that Iran was keen on a deal – and he was postponing power-plant attacks – was disputed almost immediately by Iran.
Markets face ‘big 36 hours’ as Iran threats wipe billions from ASX
As the conflict in the Middle East drags on, big investors are growing increasingly uncertain, sending bond and equities markets yo-yoing.
Unions want inflation-plus minimum wage rise due to ‘Trump and RBA’
The ACTU’s claim for a 5 per cent wage increase for 3 million workers would drive minimum full-time salaries beyond $50,000 a year.
‘We need you’: PM buries hatchet with mining industry
Anthony Albanese says Labor and miners need to set aside their differences and help Australia emerge stronger from the oil shock and unrest in the Middle East.
