business
Construction industry to fall 19,000 workers a year short ahead of Olympics
With new figures laying bare the state of the problem, the construction industry warns cost blow-outs and delays are inevitable unless something is done. Source link
It's sitting on 303 billion barrels of oil but no one wants to extract it
Foreign Correspondent goes inside Venezuela’s oil regions, where boom towns have gone bust, leaving behind a shattered industry that needs billions to reboot. Source link
Fuel shortage ignites city vs country spat ahead of critical seeding time
Farmers welcome a rule change that allows road trains to deliver more fuel to regional areas, but say it does little to address the overall supply problem. Source link
ASX slips as war rattles global stocks, RBA rate hike looms — as it happened
Global investors are still rotating out of shares as the Iranian conflict continues and rising oil prices stoke inflation fears, but locally the ASX has finished down just 0.4pc. Look back at how the trading session unfolded. Source link
Fuel panic buying 'causing system to break down', experts warn
Experts say Australians should prepare for the possibility of widespread fuel rationing if the war in the Middle East is prolonged. Source link
Is Australia about to end its experiment with low unemployment?
If war in the Middle East sends global inflation surging, will Australia have to say goodbye to its experiment with low unemployment? Source link
Australian exports in jeopardy as 'war risk' costs surge
Australian exporters are facing increasing air and sea freight costs, as well as the possibility of diving consumer confidence. Source link
Qantas COVID flight credits could be on their way to customers this year
Qantas agrees to settle a class action related to flight credits issued during the COVID-19 pandemic. Source link
Running on empty — how we were caught short of oil
Australia is one of the biggest energy exporters on the planet, as the world’s third-largest exporter of LNG and the biggest seaborne supplier of thermal and metallurgical coal. But when it comes to oil the country is horribly exposed. Source link
ASX follows Wall Street down as oil hits $US100 per barrel — as it happened
The ASX 200 has finished the trading week in negative fashion after a mostly flat Friday the 13th. It followed the Dow Jones, which fell sharply overnight as the price of oil hit $US100 a barrel. Look back on the day’s events and insights on the ABC News markets blog. Source link