Business

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.

Analysts warned the limited details about the blaze could create a supply shortfall of diesel and unleaded petrol that could push prices higher.

Big W is slashing prices on more than 2000 products in a move that highlights the pressure retailers are facing to deliver value for customers buckling under the weight of higher cost of living.

Australia’s unemployment rate remained steady at 4.3 per cent in March - the first full month of the Iran war - making an interest rate rise next month more likely. LNG-rich Queensland saw jobless rate plunge.

A US Federal jury has found Live Nation, the concert giant that owns Ticketmaster, has operated as a monopoly.