Business

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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Travellers wanting cheap flights to Europe will have to take their chances on a Gulf airline stopping over in Doha or Dubai after Virgin joined Qantas in cutting flights.

Fare hikes force Aussie travellers into stopover gamble

Flight Centre’s CEO has revealed the risky gamble Australian travellers will need to take if they want to save on travel costs.

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The mania for businesses directly linked to demand for AI is set to sweep across the ASX as soon as the June quarter with two potentially large listings.

AI mania set to hit ASX as SharonAI, Firmus target listings

The mania for businesses directly linked to demand for AI is set to sweep across the ASX as soon as the June quarter with two potentially large listings.

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JPMorgan boss Jamie Dimon warns AI software could turn on its masters and drain bank accountants, independent of human instruction.

Why AI could be the Frankenstein’s monster Anthropic built

AI’s rapid advancement and latest threat to online banking’s security shows its development poses big risks to regulators and humanity.

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Wright Prospecting’s Angela Bennett, left, and Hancock Prospecting’s Gina Rinehart had gone head-to-head in a multibillion-dollar legal battle over mining royalties.

Wright family and Rinehart both claim wins in mining battle

Gina Rinehart’s Hancock Prospecting and Angela Bennett’s Wright Prospecting have both had partial wins in a multimillion-dollar legal battle over some of the world’s most valuable iron ore areas.

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Like Qantas, Virgin said it would need to offset the ‘significant’ cost burden by hiking fares and cutting services.

Virgin follows Qantas: Fewer flights, fares hiked

Virgin Australia has followed rival Qantas and will start cutting flights as it battles to keep a lid on rising jet fuel costs amid a seesawing oil market roiled by war in the Middle East.

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The Albanese government has been warned about the impact fuel excise cuts will have on inflation.

Inflation warning for Australia as global crisis looms

The International Monetary Fund is urging the Reserve Bank to look through the energy price shock and warns the government against wasteful stimulus measures.

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Billionaire miners Gina Rinehart and Angela Bennett.

Showdown in Hancock, Bennett mining royalties decision

Two of Australia’s wealthiest citizens will today find out who is entitled to billions of dollars worth of mining royalties and assets.

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Australians’ confidence in the economy has evaporated under the weight of out-of-control inflation, rising interest rates, fuel shortages and a Middle East war.

Why Australia could have ‘nightmare’ 90s style recession

Australians’ confidence in the economy has evaporated under the weight of out-of-control inflation, rising interest rates, fuel shortages and a Middle East war.

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ASX companies have released profit warnings as the war’s fuel and supply chain chaos wrecks consumer confidence.

How big business is getting caught in Iran war crossfire

Every working Australian is taking a wealth hit from the war and every business is facing a major profit warning. Volatility spells trouble.

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The Reserve Bank of Australia has already delivered two successive interest rate rises this year, with another hike highly expected next month.

‘Another cost-of-living shock’: Aussies brace for more pain

Australian households are bracing for more financial pain in the coming months as soaring fuel prices coupled with higher-for-longer interest rates crunch budgets.

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Kyle Sandilands may be open to settling his multimillion-dollar legal case with former employers ARN.

Settlement shock that could rock Kyle’s case against ARN

Sandilands was sacked by the company for ‘serious misconduct’ after an on-air clash with his co-host Jackie ‘O’ Henderson on February 20.

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Qantas slashes flights as war drives up fuel costs

Qantas slashes flights as war drives up fuel costs

The ongoing ructions between the US and Iran and an unease ceasefire that is yet to deliver a deal on a lasting peace has forced Qantas to adjust capacity.

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Westpac has warned its profit margins are set to fall

War hits Westpac’s profit margins, flags more bad debts

The lender revealed its profitability took a hit from interest rate volatility in the Middle East conflict.

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Adam Back has denied he created Bitcoin.

How British nerd was declared ‘secret’ Bitcoin inventor

An investigation declaring British computer science expert and libertarian Adam Back invented Bitcoin has divided opinion.

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