Business

An unusual burst of activity early Monday, minutes before a market-moving social media post from President Donald Trump has raised eyebrows.

Billion dollar ‘bet’ minutes before Trump’s post pays off

‘Someone with access to privileged information appears to have made hundreds of millions in profit by trading on a political secret before it became public.’

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A union has called for a working-from-home mandate for its members as petrol prices soar NewsWire / Andrew Henshaw

‘Reasonable measure’: Union’s WFH push

A union has called for employers to let their staff work from home due to rising transport costs caused by the war in the Middle East.

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Petrol prices have surged on the back of the war’s onset, nearing $3 a litre in Sydney and above $2.50/l on average in Perth.

WFH not necessary amid fuel squeeze, business groups say

Business groups are pushing back on advice that encourages employees to work from home, urging them instead to switch to public transport.

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Consumer confidence is at its worst level since records began in 1973.

Aussie consumer confidence plunges to record low

Skyrocketing fuel prices and the prospect of more interest rate rises have caused consumer confidence to plunge to a record low.

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Oil prices fall as Trump postpones energy attacks.

Oil prices fall as Trump postpones energy attacks

Benchmark prices fell 9 per cent to around $US97.50 after US President Donald Trump gave Iran five days to respond to peace talks.

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Leonid Radvinsky

Billionaire OnlyFans owner dead at 43

OnlyFans owner, billionaire Leonid Radvinsky, has died aged 43, the adult platform has confirmed.

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Minerals Council of Australia chair Andrew Michelmore accused unions of a “targeted campaign against BHP.”

Mining group accuses unions of ‘targeted’ anti-BHP campaign

The Pilbara’s status as Australia’s economic powerhouse is under threat from rising union activity that ‘doesn’t help productivity’, the head of mining’s peak lobby group says.

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Sydney glamour pair Kyara and Clayton Larcombe have split.

The rise and fall of racy Sydney investor Clay Larcombe

Creditors have taken over the entrepreneur’s business, PAC Capital, and he has separated from his glamorous wife.

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The market has started the week deep in the red.

More ASX carnage as Trump’s ultimatum sparks mass sell-off

The ASX is edging closer to a market correction as tens of billions of dollars were wiped off the Australian bourse in the opening minutes of trade on Monday.

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Investor fears are hammering the copper and resources sector.

Bond market freak-out signals war-driven economic pain ahead

TOM RICHARDSON: Share market investors may be too complacent about a crash. Sinking bonds and other indicators point to deep economic pain ahead.

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NSW Premier Chris Minns has revealed 105 service stations are now without diesel - “almost exclusively in the regions”.

‘Of course’ the government is considering fuel rations

Federal Climate Change and Energy Minister Chris Bowen confirmed fuel rationing has been reviewed by his department as more than 200 service stations ran out of petrol in NSW, Queensland and Victoria.

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Fund members watching the war blast a hole in their savings have been urged to look through the chaos and refrain from snap investment decisions that could rob them of the benefits of a market rebound.

Don’t panic! Super fund members warned against rash changes

Fund members watching the war blast a hole in their savings have been urged to look through the chaos and refrain from snap investment decisions that could rob them of the benefits of a market rebound.

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Australians who owe Centrelink up to $250 have had their debts wiped.
In simple terms, a recent change prohibits an aged care facility from accepting a refundable accommodation deposit until the resident can furnish a means test assessment, issued by Services Australia.

The ‘sneaky’ change slugging pensioners moving to aged care

What’s been described as a ‘sneaky’ addition to new aged-care legislation could see some seniors about to move into facilities lose their age pension and cost them thousands of dollars in daily fees.

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The ‘sell-up everything’ approach to shifting Mum or Dad into aged care can really stuff up the finances — not only for them but possibly for their beneficiaries when they eventually die.

Selling your folks’ home to fund aged care a costly mistake

The ‘sell-up everything’ approach to shifting Mum or Dad into aged care can really stuff up the finances— not only for them but possibly for their beneficiaries when they eventually die.

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