business

An intense cyclone approaching the Far North Queensland coast brought back traumatic memories of a daring rooftop helicopter rescue, but with the crisis averted, Cooktown is back open for business. Source link

Despite clawing back some of its earlier losses, the ASX 200 still lost ground, closing at its lowest level since May last year. Look back at how the trading session unfolded. Source link

Increasing partnerships between health insurers, GP centres and telehealth services has raised concerns about a potential two-tier system in which privately insured patients have more affordable access to GP consultations. Source link

David Harris’s ship bottomed out with 400 cattle on board at the end of last year, leading to a 12-hour wait for the next high tide. He wants a solution.  Source link

From sand to concrete, suppliers are bringing in “emergency fuel levies” as petrol prices soar due to the war in the Middle East. Major companies that supply pipes for plumbing are even warning of shortages.  Source link

The markets’ benign assessment of the Iran war is wrong and the damage to the global economy could get worse. Source link

Australia’s peak clothing and textile organisation launches a national strategy to revitalise an industry hit by years of turmoil. Source link

Almost everything arrives in outback Australia by truck. Truckies say record-high fuel prices will have to be passed on. Source link

Brent crude is trading around $US107 a barrel, as Netanyahu vows to make passage through the crucial Strait of Hormuz. Follow the day’s events and insights as they happen with our business reporters on the ABC News live markets blog.  Source link

The fuel crisis is squeezing independently owned service stations, with some being forced to sell fuel at above-average prices, even though their margins are near zero or below cost. Source link