Australia

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The fire at the Geelong oil refinery.

Refinery fire could trigger stage three petrol restrictions

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

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The Reserve Bank’s deputy governor Andrew Hauser has warned Australia faces an inflation shock like the 1970s.

‘We can’t go back’: RBA deputy warns of 70s-style inflation

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.

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Kyle Quayle, 35, was wrongly released from a correctional centre.

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A pilot has been freed after becoming trapped when a light plane crashed.
A One Nation seat is in doubt after uncounted votes were discovered.

One Nation chaos as uncounted votes discovered

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. 

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Jobless rate steady at 4.3pc makes rate hike more likely.

Jobless rate steady at 4.3pc, makes rate hike more likely

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.

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FILE: Former US military pilot Daniel Duggan with his wife Saffrine and their children on a farm in Orange, NSW.

Ex-Top Gun pilot loses appeal against extradition

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.

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It appears thinking green isn’t why Aussies are considering switching to an EV.

Why Aussies really want an EV

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

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Three Australians sentenced in Bali last month over the shooting murder of a Melbourne father have had their prison terms extended.

Heartbroken widow speaks out on Bali 3 extended prison terms

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

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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.

Long before refinery fire, experts warned of a shortage

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.

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A fire broke out at Viva Energy Refinery.

Viva Energy enters trading halt after refinery inferno

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.

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March jobs figures are set to be released but it's unclear what impact the fuel crisis will have.

Jobs data set to expose first economic shock from war

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

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Inferno erupts in Vic.

No foul play as equipment failure causes refinery blaze

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

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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.

Australia starting to look like the has-been economy of Asia

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.

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Sydney train services have been disrupted during peak hour after a freight train carriage caught fire.

Peak hour chaos as train halted after locomotive catches fire

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

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