Jimmy Carter and Ronald Reagan both considered invading it. Saddam Hussein bombed it. In 1988 Donald Trump said that were he president, he would ‘do a number’ on the island.
The Government has warned Australia could face shortages of gas over winter as the Resources Minister says she’s considering using the gas trigger to keep gas on home soil.
The prime minister is set to unveil interest-free loans for freight, fuel and fertiliser companies hurt by the spike in fuel prices spurred on by the Iran war.
The boss of Australian Energy Producers has joined an attack on ‘anti fossil fuel activists’ for dictating the nation’s energy policy and warned any windfall tax would lead to job losses.
The Treasurer has played down warnings from a former secretary of his department who has predicted Australia is ‘staring into the risk of stagflation’.
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.
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.
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.
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.
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.
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.