Business

Petrol supplies out of Viva Energy’s Geelong Refinery will be slashed up to 60 per cent over the short term, as it recovers from a huge fire on April 15. 

The lender warned of rising bad debts and the need to preserve more capital as the shock from rising interest rates hurts Australian borrowers.

Three national funding streams will be fast-tracked in a bid to get capital moving faster to Australian businesses and strengthen critical supply chains, as the status of the Strait of Hormuz remains volatile.

Traders will be hoping US President Donald Trump strikes a permanent deal with Iran to keep the Strait of Hormuz open as the clock ticks on a fragile ceasefire.

Australia’s dollar has emerged as one of the world’s standout currencies since the Iran war, a timely boost for Australian shoppers, travellers and motorists.

Analysts have warned the delayed impact of the Strait of Hormuz’s closure still threatens to worsen Australia’s petrol and diesel supply crisis.

Australia’s cinemas are gearing up to dance with the devil and welcome back a huge female audience after an era dominated by blokey superhero and action films.

Canva boasts a $60 billion private valuation and is tipped to seek a share market listing, but is it immune from the brutal sell-off that hit all public software businesses in 2026.

The Reserve Bank has warned the Iran war could push Australia toward a damaging mix of rising prices and weaker growth, echoing the economic turmoil of the 1980s.

For now, they are still a long way behind

French Trade Minister says brutal tectonic shifts in the global order caused by Donald Trump and China have forced it to dump the country’s concerns over beef and pursue critical minerals as a priority.

Treasurer Jim Chalmers has shared new details about if Australia could be plunged into recession as a result of the deepening oil crisis amid slower economic growth and higher inflation.

Core inflation could hit peak COVID-19 pandemic levels, with up to five Reserve Bank rate hikes, if the Middle East crisis isn't resolved soon, analysts warn.

Australia’s aviation sector is nervously awaiting updates on the impact of a fire at the only oil refinery in Australia that produces fuel for jets and smaller planes.

It was once the go-to place to get an incredible deal, now, it is closing down.