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Accelerating inflation will drive official interest rates to 4.85 per cent, investors believe

ASX nears correction, shares plunge after Trump ultimatum

Shares clawed back heavy losses on Monday to finish down 0.7 per cent at the closing bell. 

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Fuel prices to hit supermarket shelves by April

Aussie shoppers warned higher grocery prices are just weeks away

‘The cost of fuel has to be worn by the end customer or people can’t actually operate in business.’

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Payday super reform will mean workers receive their superannuation faster. Picture NewsWire / Monique Harmer

‘Dodgy’: 30,000 workers stung by super payment lag

Nearly 30,000 young workers have missed out on superannuation payments, prompting new laws forcing employers to pay super on payday in weeks.

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The surge in petrol prices is only expected to continue.

War-driven fuel spike raises inflation fears in Australia

February consumer price data to be released on Wednesday will shape the Reserve Bank's thinking on interest rates ahead of a crucial meeting in May.

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Treasurer Jim Chalmers and  Chris Bowen at the Ampol Lytton Refinery - one of two petroleum refineries left in Australia.

Petrol industry warns Aussie refineries at risk of closing

Australia’s petroleum industry is warning the two remaining refineries in Queensland and Victoria are still at risk of closing down despite more generous Federal Government subsidies.

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The economic phenomena that dares not speak its name is on the horizon and closing in on Australia fast. Recession.

Why your cheapskate ways might plunge us into a recession

The economic phenomena that dares not speak its name is on the horizon and closing in on Australia fast. Recession.

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Gold and base metals including copper continue to slump.

Miners reel as gold, copper slumps point to global slowdown

Base and precious metals have tumbled since the Middle East war started as investors sold to move into cash on worries about global growth.

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St Barbara’s Simberi gold mine in Papua New Guinea.

The ASX gold miners at biggest risk from rising fuel prices

Some ASX-listed gold miners will bear the brunt of higher fuel prices far worse than others, according to fresh analysis.

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Chevron’s Gorgon LNG plant on Barrow Island.

Massive cash grab looms for gas producers’ war gains

Canberra is under renewed pressure to raise taxes on LNG producers to ensure a bigger take from surging gas prices and relieve Budget stress.

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Building costs are soaring in Australia amid the Middle East war.

Leaked email reveals cost of building supplies to skyrocket

An email from a major plumbing supplier in Australia, obtained by The Nightly, has told tradies prices are soaring due to the conflict in the Middle East as the cost crisis expands.

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Reports say the Prime Minister’s department is quietly exploring options for a new gas export levy.

The one thing our resources sector warns Albo must not do

Australia’s resources sector is alarmed at reports the Prime Minister’s department is quietly exploring options for a new tax.

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Surging Australian government bond yields signal that traders believe the economy is set to dramatically slow as an inflation rebound threatens a recession. 

Bond market tumble signals Australian recession risk rising

Most economists still expect Australia to avoid a recession, but government debt costs are now at 15-year highs as bond traders price in a stormy economic outlook.

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Solomon Lew is chair of Premier Investments, behind Smiggle.

Tween gloss: Solomon Lew adds beauty products to Smiggle

Falling sales at struggling kids stationery brand Smiggle has dragged down first-half profit at retail king Solomon Lew’s Premier Investments.

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Gina Rinehart is Australia' wealthiest person.

Australia’s wealthiest people revealed

Australia’s wealthiest person Gina Rinehart has retained her crown as the richest among our nation, nearly doubling the closest other mining magnate.

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Iran earlier had warned of retaliation on regional oil and gas infrastructure after its own huge South Pars gas project was struck.

Shares smashed on escalating attacks on Mid East gas plants

The S&P-ASX200 index has fallen 1.6 per cent and is on track for its lowest close in four months.

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