Business

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Outer suburban areas are seeing the biggest population growth.

Aussie suburbs most at risk of suffering from fuel crisis

Some of Australia’s fastest growing suburbs are also particularly car dependent. KPMG urban economist Terry Rawnsley has explained why these postcodes are the ground zero of the fuel crisis.

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One farming family bought enough diesel to last until August, guaranteeing they will be able to plant and harvest winter crops, including what, barley, peas, lentils and hay. Dan Videtich

How this farming family is preparing for the energy crisis

Seeing the war coming, the Schusters bought enough diesel to keep their business going through the winter. Few other Australians were as lucky, and now face the prospect of rationing.

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Raptis is set to cease operations after administrators were unable to find a buyer or secure new funding, with the wind-down expected to impact more than 200 workers across Queensland.
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Fortescue claims the change could generate savings of up to $2.2b a year.

FMG volunteers iron ore giants to give up diesel rebates

Fortescue is urging big miners to help plug a $2.5 billion fuel excise hole in the Federal Government’s Budget by capping the amount they can claim in diesel subsidies.

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A toxic cocktail of soaring inflation, interest rates, energy and mortgage bills has failed to shake faith in the share market.

Shares could be about to crash faster than you think

Wednesday’s share market rally reflects investors tendency to focus on short-term daily headlines, rather than the medium term risks the bond market clearly sees.

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Click Frenzy, an Australian online shopping platform, has been placed into liquidation.
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Private health care premiums are going up by an average of 4.4 per cent today - or by a level above the 3.7 per cent inflation rate - and that’s no April Fool’s Day joke.

April 1 no joke when it comes to private health cost rises

Private health care premiums are going up by an average of 4.4 per cent today - or by a level above the 3.7 per cent inflation rate - and that’s no April Fool’s Day joke.

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Anthropic CEO Dario Amodei business

Anthropic in new multi-billion dollar Australian AI deal

AI giant Anthropic has sealed a multi-billion dollar deal with the Albanese government to track and advance the use of artificial intelligence in Australia. 

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Treasury Wine Estates boss Sam Fischer.

Treasury Wines faces ‘elevated risk’ of bankruptcy

Shares in the winemaker have collapsed 63 per cent over the past year as one Australian hedge fund said its debt load means bankruptcy is possible.

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Nine out of 11 major S&P 500 sectors on Wall Street have moved higher at the start of trading. (AP PHOTO)

Walls St surges, ASX jumps as Trump says US will leave Iran

Australian shares have jumped, following a surge on Wall Street after President Donald Trump said the US would be leaving Iran soon, with or without a deal.

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Minerals Council of Australia chief executive Tania Constable.

Eco ‘vandals’ cheating Aussies of untapped oil potential

Minerals boss Tania Constable has blamed environmental activist ‘vandalism’ for holding Australia back from energy sovereignty as colossal oil resources remain untapped.

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Young workers will now be paid the same as adults.

Young Aussies in for huge pay rise as cost of living grows

The workplace referee agreed 18 to 20-year-olds deserve equal pay to other adults as cost of living pressures hit the youngest hardest.

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Dashboard at Integrated Operation Center (IOC) at Cathay City in Hong Kong.

LaGuardia crash bolsters case for AI in air control towers

Inside a mock control tower next to Hong Kong International Airport, a virtual near-miss plays out on multi-panel screens.

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A number of Centrelink thresholds have changed.

The concession card you need if you’re on a low income

YOUR MONEY: If you’re on a low income, there’s a valuable concession card offering multiple benefits you probably never knew existed. See if you’re eligible, and what you can get.

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