Business

A former national manager at Shell is predicting average unleaded petrol prices could hit $2.65 within a week, as Energy Minister Chris Bowen convenes an emergency roundtable to deal with fuel panic buying.

The TACO trade was born last April after US President Donald Trump quickly folded on his aggressive tariff plans and it has proved profitable for investors ever since.

For investors, the war is like the invasion of Ukraine all over again.

THE NEW YORK TIMES: From the capture of Venezuela’s Nicolás Maduro to the war in the Middle East, 2026 has served as a powerful reminder of oil’s enduring influence in geopolitics and the global economy.

Shares are set to jump after US President Donald Trump suggested the Middle East war may be near an end, bond yields also tumbled this morning.

Australia’s biggest home lender is now forecasting a slowdown in property price growth this year, thanks to higher interest rates.

Coles is expected to pull back the gap between arch rival Woolworths over the next few months as the Amanda Bardwell-led chain rides out the impact of a 17-day strike at its warehouses in late 2024.

Increases to superannuation contribution caps are coming. Here’s what changes, and the extra amounts you’ll soon be able to add to your retirement savings ...

Fast food billionaire chair Jack Cowin has bought $3 million worth of shares in the embattled pizza chain, where he is currently leading a turnaround by ditching heavy discounts to rebuild profitability.

YOUR MONEY: There’s a double-edged sword coming for part-pensioners. Centrelink payments will rise next week, but so will deeming rates. That could wipe out the latest rise, and a chunk of their pension, too.

Australian shares have crashed 3.8 per cent on Monday in one of the worst days of the past year, with investors fretting about the impact of soaring oil prices on global economic growth.

Stranded Gulf supplies are choking off the region’s economies

Oil prices have surged again in Australia in a move that means motorists will face big price hikes at the bowser.

Australians could face higher prices beyond the petrol bowser as farmers warn fuel disruptions amid Middle East tensions could hit supermarket shelves.

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.