Business

There are no signs yet that oil tankers or cargo ships can safely sail through the Strait of Hormuz.

Iran fires on ships in Gulf as Middle East conflict escalates

Iran has attacked merchant ships in the Gulf and launched strikes across the Middle East, signalling it can still retaliate despite intense US-Israeli bombardment.

Updated
Read more (3 min) →
Travellers should expect cut-price offers on Middle East-based airlines as soon as the Iran war is over, says an aviation industry expert. It comes as a major airline axes flights to and from the region.

Major airline axes flights but war’s end to bring fare deals

Travellers should expect cut-price offers on Middle East-based airlines as soon as the Iran war is over, says an aviation industry expert. It comes as a major airline axes flights to and from the region.

Updated
Read more (3 min) →
A plume of smoke rises after an explosion in Tehran.

Surging Aussie dollar closes in near-four year high of US72¢

At Thursday’s Australian close of US71.8¢, the dollar is the best performer this year from the G10 basket of currencies, which includes the US dollar, the British pound and the Japanese yen.

Updated
Read more (2 min) →

Sign up to The Nightly's newsletters.

Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

Email Us
By continuing you agree to our Terms and Privacy Policy.
Treasurer Jim Chalmers and Energy Minister Chris Bowen have announced new maximum fines of $100 million for oil companies and petrol retailers that use the Middle East war as a cover to rip off motorists.

Dodgy petrol retailers face $100m fines as fuel prices surge

Treasurer Jim Chalmers and Energy Minister Chris Bowen have announced new maximum fines of $100 million for oil companies and petrol retailers that use the Middle East war as a cover to rip off motorists.

Updated
Read more (5 min) →
By April, R.M. Williams’ network will sit just shy of 70 stores.

R.M. Williams eyes £15m turnover with new UK stores

Australian bootmaker R.M. Williams is targeting more stores across the United Kingdom as it eyes over £15 million ($28.1m) in turnover.

Updated
Read more (1 min) →
Anthropic was co-founded in 2021 by siblings Dario Amodei, pictured, and Daniela Amodei.

US giant Anthropic to set up in Australia amid AI boom

Anthropic— the artificial intelligence giant suing the Trump administration— is set to open a Sydney office in the coming weeks as it expands its presence across the Asia-Pacific region.

Updated
Read more (2 min) →
Anthropic was co-founded in 2021 by siblings Dario Amodei, pictured, and Daniela Amodei.

US giant Anthropic to set up in Australia amid AI boom

Anthropic — the artificial intelligence giant suing the Trump administration — is set to open a Sydney office in the coming weeks as it expands its presence across the Asia-Pacific region.

Updated
Read more (2 min) →
Global oil supplies have been hit due to the war in Iran.

The options Donald Trump has to cool oil prices

As Donald Trump’s options to cool oil prices run dry, the US president says he has a plan. It would need to be shrewd ...

Updated
Read more (7 min) →
Benchmark interest rate futures traders now expect a rate hike from the Reserve Bank on March 17 is more likely than not.

Interest rate horror: ‘61 per cent’ fears

NAB and Westpac are now forecasting a rate hike next week. Benchmark cash rate futures traders lifted the chance of a rise to 61 per cent after RBA Deputy Governor Andrew Hauser spoke on Tuesday afternoon.

Updated
Read more (3 min) →
The liquefied natural gas  production facility in Qatar's Ras Laffan Industrial City.

The essential commodities under threat from Iran conflict

The disruption to global commodity prices from the US-Israeli war with Iran is spreading far beyond energy markets

Updated
Read more (3 min) →
The good people at Choice have had a crack and done the dirty work for us, and the results are in. 

Top to bottom: The best (and worst) toilet paper revealed

When it comes to toilet paper, every Aussie knows you get what you pay for — there’s bog-standard or the ultra-soft stuff that’s fit for only the finest of derrieres. But which is the best?

Updated
Read more (2 min) →
Petrol companies engaging in ‘cartel behaviour’ will face fines of up to $100m.

Fuel price gouging penalties double in ‘cartel behaviour’ crackdown

Petrol companies engaging in ‘cartel behaviour’ will face fines of up to $100m as the government targets price gouging.

Updated
Read more (4 min) →
Video
Lululemon has paid a $703,000 after an investigation by the consumer watchdog.

Lululemon hit with hefty fine after spam email breaches

The popular athleisure brand violated spam laws after sending more than 370,000 unlawful emails.

Updated
Read more (2 min) →
Independent MP Allegra Spender will outline some tax reform proposals on Wednesday.

Income tax cuts for workers put at top of budget wish list

Economists and politicians are urging Treasurer Jim Chalmers to go bold in the budget, with reform that cuts income taxes for workers.

Updated
Read more (2 min) →
Qantas hikes airfares in response to surging fuel costs amid Iran war.

Qantas hikes airfares in response to surging fuel costs

Qantas is set to hike airfareson its international routesthis week in response to surging jet fuel costs amid tensions in the Middle East.

Updated
Read more (2 min) →