Latest headlines from around the world.
Live: Bank warns of significant further surge in inflation as oil price spikes
The Royal Bank of Canada (RBC) expects Australian inflation to surge to 6 per cent, while adding another RBA interest rate hike to its forecast. Follow the day's events and insights from our busine...
Some Australians fear lockdowns. Economists say stagflation is the bigger risk
As fuel costs surge and supply fears grow, businesses and households say the economic shock from the war in the Middle East is already hitting home.
Liberty Bell Bay workers told to take leave without pay or be sacked
About 175 workers at Australia's only manganese smelter, Liberty Bell Bay, have been told they will be laid off at the end of next week unless they take leave without pay.
Unemployment rate remains at 4.3pc in 'calm before the storm'
Australia's unemployment rate remained at 4.3 per cent in March, but economists say cracks could start appearing in coming months.
New data reveals age group spending up big
Australians spent more in March as the outbreak of the Iran war drove up petrol prices. Older Australians increased their spending at the fastest pace, CBA data shows.
Unemployment remains at 4.3pc, ASX closes lower — as it happened
The ASX closes lower after the release of ABS labour force data showing the unemployment remains at 4.3 per cent in seasonally adjusted terms. Viva Energy is in a trading halt after a fire at its G...
Supermarkets stalling over pressure to lift milk prices
Supermarket milk price rises linked to the war in Iran are predicted in the coming months as hundreds of dairy farmers battling increasing costs receive more for their product.
Finance giant fined millions for sending unstoppable spam
Latitude Financial has been fined millions of dollars for a repeated breach of spam laws, including promoting credit cards without giving recipients a way to opt-out.
Live: ASX follows Wall Street higher, oil prices sink on hope of further US-Iran peace talks
The Australian share market has risen in morning trade as global investors bet on the US-Iran war being over within months, despite fuel shortages, higher inflation and a possible economic slowdown...
'Swift tightening' of interest rates may be needed despite IMF recession warning
The International Monetary Fund paints three economic outlook scenarios that each get progressively worse depending on how long Middle East energy supplies are disrupted.
Stagflation is a 'central banker's nightmare', says RBA deputy governor
RBA deputy governor Andrew Hauser says stagflation is a "central banker's nightmare" and the coming months will be challenging for Australia.
Business confidence crashes to lowest level since April 2020 — as it happened
The outbreak of the war in the Middle East saw business confidence post its second-largest monthly fall on record, a NAB survey found.
Australia's LNG exporters will face a tougher future, new report says
The long-term outlook for Australia's liquefied natural gas exports is structurally constrained by declining demand, and the current war in the Middle East may hasten that shift away from gas, a ne...
ASX slips as oil surges back above $US100 a barrel on US threat of Gulf blockade — as it happened
Failed US-Iran peace talks send oil prices surging higher and the Australian share market lower.
Independent supermarkets struggle to keep prices down as Iran war hurts
Suppliers are charging more to deliver groceries to supermarkets as fuel prices increase, putting pressure on smaller retailers.
Money and morals: The pros and cons of ethical investing
Investing your money in line with your values is a nice idea, but does it make financial sense?
Money and morals: The pros and cons of ethical investing
Investing your money in line with your values is a nice idea, but does it make financial sense?
Should you borrow money to bag a sharemarket bargain?
With the sharemarket still experiencing sustained pressure, savvy investors are eyeing up an opportunity to bag themselves a bargain.
Should you borrow money to bag a sharemarket bargain?
With the sharemarket still experiencing sustained pressure, savvy investors are eyeing up an opportunity to bag themselves a bargain.
Iran's grip on Strait of Hormuz 'not part of our planning', Israel ambassador says
Israeli ambassador Hillel Newman admits his country was surprised by the scope of Iran's response to the Middle East war and that it did not expect Gulf states to be targeted in retaliation strikes.
