Business

Decades of industrial peace in Australia’s economic engine room is about to come to an end when union members start refusing to work across BHP’s Pilbara iron mines.

Design platform Canva has snapped up two business founded by startup veterans Chris and Mike Sharkey as it cements its status as an artificial intelligence tech titan.

A tentative ceasefire may be in place between the United States and Iran but residual risks and ruined infrastructure will keep energy prices high.

The ASX saw a record month of futures trading and New York’s world famous ICE commodities futures exchange smashed trade records in March.

Glass bottle and aluminium can manufacturer Orora has halted production at its facility in the United Arab Emirates amid ongoing tensions in the Middle East, with the company also warning an earnings hit.

It is now more popular and more successful than romance scams. This is what you need to be alert for.

Futures contract volumes, including interest rate, commodities, ASX and energy bets, leapt 52 per cent in March on a year ago and were up 120 per cent on February.

The number of Australian businesses going under in one sector has soared by 20 per cent in a sign of things to come with the global oil crisis.

Donald Trump’s backdown on threats against Iran — including that a ‘whole civilization will die tonight, never to be brought back’— have lit a fire under Australian stocks

Risk assets rocketed on Wednesday as traders cheered in relief at a potential deal to reopen the Strait of Hormuz.

While the rest of the Australian share market is riding a wave of euphoria as a two-week ceasefire eases tensions in the Middle East, a subsequent fall in oil prices is now smashing energy stocks.

Australian borrowers could be spared a rate hike next month after New Zealand’s central bank left rates on hold, citing worries about an economic slowdown even with inflation above target.

Anthony Albanese’s temporary halving of petrol and diesel taxes has lifted a key consumer sentiment reading from its worst results since records began in 1973.

Since the US and Israel first attacked Iran, a third of fertiliser exports have been blocked from passing the Strait of Hormuz. Soaring prices are now sowing panic among the world’s farmers.

DroneShield says founder and chief executive Oleg Vornik and chair Peter James are stepping down and will not stand for re-election at the next annual general meeting.