Business

Shares are set to jump after US President Donald Trump suggested the Middle East war may be near an end, bond yields also tumbled this morning.

Australia’s biggest home lender is now forecasting a slowdown in property price growth this year, thanks to higher interest rates.

Coles is expected to pull back the gap between arch rival Woolworths over the next few months as the Amanda Bardwell-led chain rides out the impact of a 17-day strike at its warehouses in late 2024.

Increases to superannuation contribution caps are coming. Here’s what changes, and the extra amounts you’ll soon be able to add to your retirement savings ...

Fast food billionaire chair Jack Cowin has bought $3 million worth of shares in the embattled pizza chain, where he is currently leading a turnaround by ditching heavy discounts to rebuild profitability.

YOUR MONEY: There’s a double-edged sword coming for part-pensioners. Centrelink payments will rise next week, but so will deeming rates. That could wipe out the latest rise, and a chunk of their pension, too.

Australian shares have crashed 3.8 per cent on Monday in one of the worst days of the past year, with investors fretting about the impact of soaring oil prices on global economic growth.

Stranded Gulf supplies are choking off the region’s economies

Oil prices have surged again in Australia in a move that means motorists will face big price hikes at the bowser.

Australians could face higher prices beyond the petrol bowser as farmers warn fuel disruptions amid Middle East tensions could hit supermarket shelves.

As oil shipments stagnate while shipping lanes are closed in the Middle East, petrol prices are surging, raising the possibility of a hike in inflation.

Treasurer Jim Chalmers invited economists to Canberra to hear their views on the economy. But a former Treasury economist said it looked like a scheme to make them back off from slamming the Budget.

Bunnings will introduce facial recognition technology to combat retail crime in its New Zealand stores within weeks while preparing the ground for a longer-term Australian rollout.

The outcome may not pass the pub test but the outgoing head of the corporate regulator says it was justified in taking on the Star casinos case.

A former head of the Australian Competition and Consumer Commission is warning of petrol rationing should the Iran war continue.