Business

Passengers will soon pay more per trip under a temporary fuel surcharge, as rising global oil prices begin flowing through to everyday travel costs.

A Washington H. Soul Pattinson-led consortium has returned with an improved offer, which the target is considering after rejecting its previous bid.

War, oil shocks and stubborn inflation collide to derail hopes of rate cuts and test the Fed’s independence.

Markets reacted quickly to US President Donald Trump’s blockade threat, with oil prices spiking and the ASX falling amid fears of global supply disruption.

The federal budget will be billions of dollars better off, even with added spending, because of higher commodity prices and inflation, a top economist says.

One of the world’s top-ranked airlines says it will cut flights from mid-May until the end of June, citing soaring jet fuel costs triggered by the ongoing conflict in the Middle East.

A series of government-funded ads will be rolled out on television, radio, online and on billboards, urging Australians to conserve fuel.

The US war on Iran is spooking Australians who've watched their super pools drop tens of thousands of dollars since the conflict began on February 28.

Westpac has updated its forecast to have inflation in March — during the first full month of the Iran war - reaching a new three-year high.

An ASX-listed gas producer said its free cashflow has doubled as European gas prices soar, but the shares have barely moved.

Uniqlo’s Australian stores were among the top performers for its Japanese owner in the half-year — bucking the nation’s retail malaise amid rising interest rates, steeper fuel prices and a general cost crisis.

A gas export tax could make it harder for Australia to secure imported fuel from Asia, with a Senate committee examining the idea as Anthony Albanese is in Singapore meeting with its PM Lawrence Wong.

Former opposition leader Peter Dutton has been appointed to the board of one of Queensland’s investment companies by the LNP-run state government.

Bendigo Bank shares jumped this week on its cost out plans linked to advances in AI, as banks jump and tech sinks in the fast unfolding world of new AI services.

BYD has announced it is partnering with KFC to offer its EV users in China a one-stop feeding and fueling experience — in under 10 minutes.