‘Hawkish’ RBA open to more hikes after holding rates
12 August
The Reserve Bank has left the door open to more interest rate hikes as it held the benchmark lending rate steady for a second straight meeting.Falling house prices and lower-than-expected inflation helped convince the central bank’s nine-member...[Read More]
Aussie travellers on the go as Asian airport hubs shine
29 April
Airlines in Australia and around the world have trimmed flight numbers and increased airfares on the back of the Middle East crisis, but that hasn’t stopped Aussies from heading overseas.The nation’s biggest airport has revealed the March...[Read More]
Fuel pump prices to ease amid shipping breakthrough
22 April
Motorists are cashing in on falling petrol prices following a ceasefire in Iran but relief may be short-lived, with the scenario expected to remain volatile for months.Prices at the bowser have dipped below $2.10 a litre and under $3 for diesel for...[Read More]
Record defence spend to counter ‘more dangerous world’
22 April
Australia will drastically increase spending on missile defences, drones and AUKUS nuclear submarines in a significant change to the nation’s defence posture to meet a “more dangerous and uncertain world”.Defence Minister Richard Marles laid...[Read More]
‘We won’t be spared’: inflation warning to Australia
15 April
The treasurer is jetting to the United States for talks as the International Monetary Fund warns Australia is is projected to have one of the highest inflation rates as the Middle East conflict threatens a global recession.Jim Chalmers will head to...[Read More]
All options on table in drive to shore up fuel supply
15 April
Australia has avoided disruption to its international fuel supplies but that won’t stop the government considering all options to shore up provisions, including extracting more oil and gas.Fifty-seven ships laden with crude oil, jet fuel, diesel...[Read More]
US court challenges Trump’s basis for global tariffs
15 April
A panel of trade court judges has challenged the legality of US President Donald Trump’s 10 per cent tax on most imports,suggesting a large trade deficit might not be a sufficient reason to impose broad-based tariffs.The US Court of...[Read More]
Australia faces ‘sharp recession’ if US escalates war
8 April
US President Donald Trump’s threat to send Iran “back to the Stone Ages” has rattled equity markets.If he follows through, Australia is at risk of entering a recession.In a prolonged war scenario, modelled by Oxford Economics Australia, the...[Read More]
War puts world on road to higher prices, slower growth
8 April
Australia backs cheaper medicines in face of US levies
8 April
Australia is sending the “clearest possible message” it won’t succumb to pressure from big drug companies or the Trump administration over delivering cheaper medicines.President Donald Trump imposed a new 100 per cent tariff overnight on...[Read More]
Australia to have another ‘crack’ at Indian trade deal
1 April
Australia will look to expand its trade deal with India, as nations try to diversify relationships amid global uncertainty.Trade Minister Don Farrell said the government will again hold negotiations for the Australia-India Comprehensive Economic...[Read More]
Beef over EU deal boils over as security ties touted
25 March
Australia’s red-meat sector has been urged to get behind a contentious trade pact with the European Union as the bloc’s head hails shared security goals.The parties struck an agreement on Tuesday after years of negotiations to expand trade...[Read More]
Australia and EU on the brink of a free trade deal
18 March
Australia and the European Union are on the verge of finally striking a free trade deal after a decade of tough negotiations.Sources told AAP the agreement was all but finalised, with European Commission President Ursula von der Leyen expected to...[Read More]
China’s exports surge despite waning trade with the US
11 March
Global energy prices soar amid Iran crisis
4 March
Global oil and gas prices have jumped as the US-Israeli war on Iran halted energy exports from the Middle East, with Tehran attacking ships and energy facilities, closing navigation in the Gulf and forcing production stoppages from Qatar to...[Read More]
