Woolworths says it has so far weathered the oil price storm fuelled by war in the Mid East but warns there are early signs customers are turning more cautious and suppliers are facing inflationary pressures.
On the first day of testimony in a landmark trial between Elon Musk and OpenAI CEO Sam Altman, two notably different tales were offered of how OpenAI evolved.
Aldi Australia has posted weaker sales growth and a profit drop in 2025, with shoppers seemingly falling out of love with the retailer’s no-name brands and cheaper items amid a renewed supermarket price war.
Childcare giant G8 Education will close about 40 childcare centres around Australia - 10 per cent of its total - with ‘horrific’ child sex abuse charges against a former staffer partly blamed.
Australia’s biggest undeveloped gas project has been given a small boost with Woodside launching early engineering work on the $30 billion Browse proposal.
Inflation soared to a near three-year high of 4.6 per cent during the first full month of the Iran war that drove fuel prices to all-time highs. Fuel prices rose by a record one third in March alone.
Fresh data is expected to show fuel prices rose 35 per cent in March, as the oil shock pushes up measured inflation and increases the chances of a rate rise.