Thousands of people could be isolated for days in a sodden community after rising floodwaters triggered emergency alerts and memories of a 2010 disaster.
Sydney and Melbourne house prices are now forecast to fall should the Reserve Bank raise interest rates two or three more times this year as financial markets are predicting, potentially wiping off $140,000.
A former national manager at Shell is predicting average unleaded petrol prices could hit $2.65 within a week, as Energy Minister Chris Bowen convenes an emergency roundtable to deal with fuel panic buying.
Prime Minister Anthony Albanese has confirmed an advances defence aircraft is being sent to the Gulf as Iran’s attacks destabilise the Middle East. This is what it will do.