Business

Energy prices have surged after Iran struck a Qatari LNG hub as investors are warned the selling in shares could extend as the Middle East conflict grows worse than expected.

As uncomfortable as it feels, resigning doesn’t have to be dramatic, messy or bridge-burning. In fact, done right, it can be one of the most empowering conversations you’ll have in your career.

Families paying off a mortgage and struggling workers are now more likely to cut back on fresh fruit and vegetables as the Middle East conflict pushes up petrol prices.

Paramount+ and HBO Max will combine their streaming portfolios into a single platform after Paramount's successful bid for Warner Bros Discovery.

Wholesale diesel prices surged overnight as NRMA warned the increases could worsen cost of living pressures unless the Middle East conflict is resolved.

Iran has closed a crucial waterway, in a move that will choke a fifth ‌of global oil flows and send crude prices sharply higher.

Reserve Bank chief Michele Bullock has suggested the Middle East conflict could worsen Australia’s inflation crisis and even spark another rate rise this month. But she also hinted at something very unexpected.

Harsher interest rate hikes in 2022 and 2023 would have cut inflation sooner but at the cost of more than 100,000 jobs, the Reserve Bank has revealed.

The market’s energy sector cushioned losses elsewhere, storming 5.5 per cent higher as the spot price of Brent crude oil leapt to as high as $US82.37 a barrel.

Australia’s gold mining majors collectively gained about $7 billion on Monday as the US-Israel war on Iran gives the precious metal yet another price boost.

Prices will surge in the short run — and may stay high for a while.

The US strike on Iran could revive an inflation nightmare in Australia. Those relying on their car could soon by paying $2.40 a litre, adding $22 to a weekly fill.

YOUR MONEY: A Taxation Office ruling should send a shiver down the spine of anyone who owns a holiday home, claims hefty deductions but, conveniently, only rents it out at certain times.

YOUR MONEY: Financial literacy isn’t just about numbers. It’s about building skills that will shape your child’s decisions. And the good news? You don’t need to be an expert to teach these simple lessons.

YOUR MONEY: Self-managed superannuation fund members (and their advisers) have been warned the taxman is coming to weed out bad behaviour, including illegal loans and early access to savings.