business

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

Experts are urging Australians to stay calm and weather the storm as the effects of the war in the Middle East reverberate through financial markets. Source link

Australia’s unemployment rate rose to 4.3 per cent in February, up from 4.1 per cent, in seasonally adjusted terms. Source link

Interest rates, war in the Middle East and AI advancements are expected to hit the Australian economy, but the RBA says we are prepared. Source link

This week’s rate rise left ABC readers asking “how would hiking rates stop inflation caused by an unavoidable cost like petrol that’s spiking due to a war on the other side of the world?” Source link