Australia

Analysts warned the limited details about the blaze could create a supply shortfall of diesel and unleaded petrol that could push prices higher.

The Reserve Bank’s deputy governor Andrew Hauser has warned Australia faces an inflation shock like the 1970s as a result of the Middle East oil crisis that will make the country poorer.

NSW Premier Chris Minns said the error was ‘embarrassing’.

Footage from the scene shows the plane heavily damaged in a paddock.

The Electoral Commission of South Australia has ordered a recount for a seat won by One Nation after discovering ballots that had not been counted. 

Australia’s unemployment rate remained steady at 4.3 per cent in March - the first full month of the Iran war - making an interest rate rise next month more likely. LNG-rich Queensland saw jobless rate plunge.

A former US marine pilot accused of unlawfully training Chinese military personnel is set to be extradited from Australia after a years-long legal battle.

Australians are considering electric cars most prominently for one reason, and it isn’t what you might think.

Zivan Radmanovic died in a late-night ambush carried out in a Canggu villa in front of his wife.

AARON PATRICK: The closure of most of Australia’s oil refineries over the past two decades left the economy dangerously exposed to a disaster like the one that hit Wednesday night.

Viva Energy Australia’s chief executive says production is no longer a priority after an enormous blaze hits Australia’s most critical oil refinery amid the global fuel crisis.

Unemployment data for March will be the first glimpse of how the Middle East conflict is affecting the economy more broadly.

Energy Minister Chris Bowen has confirmed petrol production has been affected after a blaze tore through one of Australia’s only remaining oil refineries.

Australia should be an example to the Asia-Pacific of how to manage the energy shock. Instead, what was one of the world’s wealthiest countries a century ago looks like an economic has-been.

7NEWS chopper footage shows emergency crews working to extinguish flames on the freight train locomotive.