Politics

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Iran has reportedly lifted some restrictions on vessels passing through the Strait of Hormuz. (EPA PHOTO)

Iran reveals who can now pass through Strait of Hormuz

Some vessels have reportedly been given the green light from Iran to have safe passage through the Strait of Hormuz. Here’s what we know

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Treasurer Jim Chalmers and Finance Minister Katy Gallagher are considering fiscal reforms.

Labor tosses up reform options as inflation storm looms

Australia expects to be buffeted by economic headwinds blowing from the Middle East, putting economic reform at the forefront of budget discussions.

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Donald Trump signals Iran deal as US boosts military presence.

Trump claims Iran talks underway as tensions escalate

Conflicting signals emerge as the US claims talks with Iran, while tensions across the Gulf remain high.

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Prime Minister Anthony Albanese MP greets the President of the European Commission, Ursula von der Leyen.

Aussies to get cheaper European goods under new trade deal

Australians who enjoy a meal of Italian pasta, French wine and Swiss chocolate will be able to dine for less once a new free trade deal with the European Union comes into effect.

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Treasurer Jim Chalmers during Question Time at Parliament House in Canberra.

Chalmers pledges productivity boost under Iran pressure

Treasurer Jim Chalmers vows May’s Federal Budget will have a substantial emphasis on lifting lagging productivity as Opposition Leader Angus Taylor claims Aussies could be $35,000 worse off without a fix.

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Military aircraft are continuing to fly over a South Australian weapons range as the Albanese Government refuses to discuss details of secretive missile tests being conducted there with the United States. 

Marles ‘not going into details’ on secret US missile tests

Military aircraft are continuing to fly over a South Australian weapons range as the Albanese Government refuses to discuss details of secretive missile tests being conducted there with the United States. 

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Experts have warned the Iran war-induced fuel crisis will have a ripple effect across key sectors and cause consumers hip-pocket pain on everything from food, flights, construction and online shopping. 

Fuel crisis fears flare as servos across the nation run dry

Experts have warned the Iran war-induced fuel crisis will have a ripple effect across key sectors and cause consumers hip-pocket pain on everything from food, flights, construction and online shopping. 

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The Nightly can reveal Australian soldiers were subjected to horrific instances of ‘torture’ as part of their training.

REVEALED: Aus soldiers sadistically tortured as ‘training’

The ADF inflicted the most serious forms of abuse on its soldiers during ‘resistance to interrogation’ training, including sexual assault, water torture and mock executions.

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Trade Minister Don Farrell struck up a warm relationship with his EU counterpart as they negotiated the trade deal.

How Don Farrell’s bromance helped get EU trade deal done

Personal relationships helped get Australia’s huge trade deal with the European Union over the line.

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Housing minister, Clare O’Neil, met with representatives of the housing, construction, building materials, chemicals and transport industries today.

Aussies must be able to build homes cheaply, Labor won’t act

In the 215 days since the Albanese Government promised to reduce housing red tape, almost nothing has been done to lower the huge costs of building homes.

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RBA governor Michele Bullock announced another interest rate rise this month Gaye Gerard NewsWire

Rate hikes don’t work. It’s time for a new approach

We shouldn’t accept inflation as an inevitable trade-off against fairness or full employment.

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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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The world has had its ‘comfort blanket’ ripped away and learned that distance no longer provides safety when economic dependencies can be weaponised, Europe’s president has warned Australian politicians.

‘Brutal’: EU president warns Aussies of confronting truth

The world has had its ‘comfort blanket’ ripped away and learned that distance no longer provides safety when economic dependencies can be weaponised, Europe’s president has warned Australian politicians.

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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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