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.
Energy analysts suggest the Middle East war’s upcoming consequences of global oil and gas supply shortfalls could spell much higher prices than those quoted this week.
Most Australian households have built up their mortgage buffers to ride out the impacts of higher interest rates and escalating tensions in the Middle East, according to the Reserve Bank.
ARN, the network that terminated Kyle Sandilands and Jackie O Henderson, has yet another headache to deal with as the first radio ratings for 2026 are revealed.
The competition watchdog has broken with tradition amid widespread claims of price gouging by fuel retailers and revealed an investigation into allegations of anti-competitive conduct by four major players.
The spiralling Middle East conflict is pushing petrol prices up further, while set to send shares lower as gold slumped overnight and bond yields climbed.
China is locking in its critical minerals and metals dominance via deep pocket investments in the Global South, leaving a shrinking role for Australian exports.