As oil shipments stagnate while shipping lanes are closed in the Middle East, petrol prices are surging, raising the possibility of a hike in inflation.
Treasurer Jim Chalmers invited economists to Canberra to hear their views on the economy. But a former Treasury economist said it looked like a scheme to make them back off from slamming the Budget.
Bunnings will introduce facial recognition technology to combat retail crime in its New Zealand stores within weeks while preparing the ground for a longer-term Australian rollout.
Treasurer Jim Chalmers is holding a Chatham House rules event with economists on Friday, including an advocate who wants to replace the 50 per cent capital gains tax discount on investment properties.
China is the biggest monthly source for new Australian cars for the first time ever and dominates the EV market. Japan had been the uninterrupted No.1 since 1998. Here’s why intelligence experts are worried.