Business

The Australian stock exchange has dipped ahead of a busy week of global central bank rate decisions, with the Reserve Bank expected to be the only one to hike.

A widely-tipped interest rate hike on top of the ongoing global fuel crisis is spelling doom and gloom for household budgets as Jim Chalmers warns Treasury thinks inflation could rise close to 5 per cent. 

Australian families face a devastating double blow as the fallout from the Middle East smashes domestic households.

Japan is worrying about its fuel supplies while the Iran war rages so is calling on its "energy security lifeline" Australia to ramp up much-needed gas exports.

Energy minister Chris Bowen has been accused of being ‘asleep at the wheel’ as Australians in some areas face ‘unacceptable’ fuel shortages.

The Dow Jones Industrial Average has fallen 119.38 points, or 0.26 per cent, to 46,558.47. The S&P 500 lost 40.43 points, or 0.61 per cent, to 6,632.19.

Investors have lost confidence in BHP’s ability to emerge from its iron ore trade tussle with China unscathed.

Northern Star Resources shares have been hammered and its vulnerability to a takeover called into question, as the gold miner’s 37-year old Super Pit mill buckles again while holding out for a replacement.

Australia is facing a ‘deep recession’ as Iran’s guerilla tactics in the Strait of Hormuz force the Federal Government to introduce fuel rationing, a superannuation strategist says.

The cost to the Budget of providing negative gearing and capital gains tax concessions to property is set to double in the coming decade without changes, new Parliamentary Budget Office figures show.

Kayla Itsines made the “surreal” announcement on Friday.

Uncertainty about interest rates and higher fuel bills has left strategists cautious about buying shares, despite big falls.

You were worried the stockmarket might not come back, right? But why wouldn’t it? This isn’t the first war in the Middle East, and Allah knows it won’t be the last.

Average house prices now cost nine times average incomes, versus five times 20 years ago, and young Australians are now looking for alternative ways to build wealth.

Australia’s biggest provider of jet fuel has cut exports, leaving the country’s airports with an uncertain future.