Business

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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INPEX'S Ichthys LNG offshore facilities

Inpex’s Ichthys ships Aussie fuel for local buyers

Japan’s Inpex has pledged Australian buyers will have first dibs on its next fuel cargo amid a global scramble to shore up supply disrupted by the Middlle East conflict.

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A new per-kilometre fee is set to lift ride costs.

Uber trips about to cost more under new fuel surcharge

Passengers will soon pay more per trip under a temporary fuel surcharge, as rising global oil prices begin flowing through to everyday travel costs.

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Shares in Monash leapt on the back of the new offer.

Better takeover bid lobs for beleaguered IVF pioneer Monash

A Washington H. Soul Pattinson-led consortium has returned with an improved offer, which the target is considering after rejecting its previous bid.

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Donald Trump, Kevin Warsh and Jerome Powell.

America’s next Fed chair is caught in a vice

War, oil shocks and stubborn inflation collide to derail hopes of rate cuts and test the Fed’s independence.

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Oil surges as Donald Trump flags plan to block Strait of Hormuz.

ASX falls as Trump blockade threat shakes oil markets

Markets reacted quickly to US President Donald Trump’s blockade threat, with oil prices spiking and the ASX falling amid fears of global supply disruption.

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Higher commodity prices and inflation are set to deliver the federal government a revenue windfall.

War surge delivers unexpected boost for Chalmers

The federal budget will be billions of dollars better off, even with added spending, because of higher commodity prices and inflation, a top economist says.

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Cathay Pacific is set to cut flights in the face of soaring jet fuel costs.

Major airline cuts flights to deal with cost of jet fuel

One of the world’s top-ranked airlines says it will cut flights from mid-May until the end of June, citing soaring jet fuel costs triggered by the ongoing conflict in the Middle East.

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The federal government is rolling out a $20 million campaign to encourage drivers to conserve fuel. (AAP - Regi Varghese/AAP PHOTOS)

Albanese Govt to spend $20m on fuel conservation ad campaign

A series of government-funded ads will be rolled out on television, radio, online and on billboards, urging Australians to conserve fuel.

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The US war on Iran is spooking Australians who’ve watched their super pools drop tens of thousands of dollars since the conflict began on February 28.

'Don't panic': Why cash isn't king when it comes to super

The US war on Iran is spooking Australians who've watched their super pools drop tens of thousands of dollars since the conflict began on February 28.

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Westpac has updated its March forecast to 4.2 per cent, a reflection of  the first full month of the Middle East war.

Big bank sees March inflation hitting three-year high

Westpac has updated its forecast to have inflation in March — during the first full month of the Iran war - reaching a new three-year high.

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Po Valley Energy, Kevin Bailey The Nightly

Little-known ASX gas minnow doubles profits from Iran war

An ASX-listed gas producer said its free cashflow has doubled as European gas prices soar, but the shares have barely moved.

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Uniqlo has over 1000 stores around the world.

‘Uniqlo boom underway’: Australians flock to Japanese brand

Uniqlo’s Australian stores were among the top performers for its Japanese owner in the half-year — bucking the nation’s retail malaise amid rising interest rates, steeper fuel prices and a general cost crisis.

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A gas export tax could burn Australia's fuel security.

Why a gas export tax could burn Australia’s fuel security

A gas export tax could make it harder for Australia to secure imported fuel from Asia, with a Senate committee examining the idea as Anthony Albanese is in Singapore meeting with its PM Lawrence Wong.

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Peter Dutton has landed a new gig.

Peter Dutton scores new role

Former opposition leader Peter Dutton has been appointed to the board of one of Queensland’s investment companies by the LNP-run state government.

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