Spoils of Iran war to deliver Chalmers a budget boost
15 April
The Iran war is set to deliver a $36 billion windfall for Treasurer Jim Chalmers, but increased spending on cost-of-living measures could derail efforts to get the budget back in black. Even with a fragile ceasefire holding in the Middle East, the...[Read More]
RBA’s stagflation nightmare: prices up, confidence down
15 April
The Reserve Bank board will have to earn its money to navigate Australia through a “nightmare” stagflation shock, a top central bank official says as confidence tanks and prices soar. The RBA was still “feeling its way” through the energy...[Read More]
The super cash switch and what’s to consider.
15 April
Financial markets have see-sawed over the past month since the war in the Middle East began, impacting the balances of superannuation accounts. If this is causing stress, here are four things you can do: * Stay focused on the longer term – market...[Read More]
All options on table in drive to shore up fuel supply
15 April
Australia has avoided disruption to its international fuel supplies but that won’t stop the government considering all options to shore up provisions, including extracting more oil and gas. Fifty-seven ships laden with crude oil, jet fuel, diesel...[Read More]
You’re probably wrong about fuel-efficient driving
15 April
Top Gear presenter Jeremy Clarkson once proved that the 414-horsepower, V8-engined, bellowing petrolhead pin-up BMW M3 could be even more eco-friendly than the famously thrifty Toyota Prius. To do this, in 2008 he ran an experiment in no way...[Read More]
Qantas route cuts will hit hard for regional travellers
15 April
Regional travellers face higher airfares and fewer services as Australia’s largest carrier cuts domestic flights with jet fuel costs rising. Qantas has announced it will raise fares, reduce its domestic capacity and change its international flight...[Read More]
Reality bites as Gen X defers cost of living
15 April
More Australians than ever are choosing buy now, pay later financial schemes, with families looking for new ways to cover daily essentials as cost-of-living pressures bite. New data shows consumer spending via instalments has surged 26 per cent in...[Read More]
Electric truck transition preparing for the long haul
15 April
War in the Middle East and associated spiralling diesel costs could spell the perfect time for truck fleets to keep edging closer to electrification. On Tuesday, the NSW government announced an expansion of heavy vehicle electrification incentives...[Read More]
More young people like social media ban than oppose it
15 April
More young Australians support the government’s social media ban for under-16s than oppose it, a study has found, even though they remain concerned about missing out on information, news and social connections. But tweens and teens directly...[Read More]
Australia faces ‘sharp recession’ if US escalates war
8 April
US President Donald Trump’s threat to send Iran “back to the Stone Ages” has rattled equity markets. If he follows through, Australia is at risk of entering a recession. In a prolonged war scenario, modelled by Oxford Economics Australia, the...[Read More]