business
ASX closes slightly down while NAB plans hundreds of job cuts — as it happened
The ASX 200 has closed slightly down as Iran’s foreign minister says the country will not negotiate with the US on a ceasefire plan. Brent crude remains above $US102 a barrel. Source link
PM calls second emergency national cabinet meeting over fuel crisis
States and territory leaders will convene next week to further coordinate the national response to the fuel crisis as the fallout from the Iran war continues to escalate. Source link
NSW forestry industry fighting to avoid the chopping block
The NSW forestry industry is calling for secure access to timber as the proposed Great Koala National Park locks up resources and recent closures of Victorian and Western Australian sectors raise fears for the future of native logging. Source link
Australian shares soar on Middle East ceasefire hopes
The local share market has its best day in almost a year after reports the US is seeking a ceasefire with Iran buoyed investor sentiment, and monthly inflation was softer than expected. Source link
Questions raised over deal between AI company and state power generator
Questions remain about the deal struck to supply power to an AI company in Tasmania’s north, not long after a request to supply another manufacturer was rejected. Source link
$50m for Great Western Highway detour routes, as road remains 'unstable'
Testing confirms a Great Western Highway bridge remains ‘unstable’ as $50 million is announced to upgrade three key detours through the Blue Mountains. Source link
Inflation cooled slightly in February before Iran war energy price spike
The latest monthly data does not capture the recent rise in energy prices caused by the war in the Middle East, which began on February 28. Source link
Jetstar reduces flights between New Zealand and Australia due to rising jet fuel prices
Jetstar announces it is reducing flights between Australia and New Zealand due to the rising cost of jet fuel as a result of the war in the Middle East. Source link
Live: Australian share market rises ahead of CPI data release
Australian shares have opened higher, after a volatile session on Wall Street where investors swayed between fears of rising oil prices and hopes for a resolution to the US-Israeli war on Iran. Follow the latest updates in our live blog. Source link
In Australia's most food insecure suburbs, lines for aid are doubling
Most areas across Australia are dealing with food insecurity as food relief services say demand is growing. It comes as experts warn the price of groceries are likely to increase due to the war in the Middle East. Source link