business
Business confidence crashes to lowest level since April 2020 — as it happened
The outbreak of the war in the Middle East saw business confidence post its second-largest monthly fall on record, a NAB survey found. Source link
Banks raise 300 red flags in five months on illicit tobacco activity
Australia’s big banks have made hundreds of reports of suspicious activity related to illegal tobacco since the anti-money laundering regulator called for a crackdown late last year. Source link
Rate rises, spending cuts and cost blowouts: Councils squeezed by fuel crisis
Some South Australian councils may hike rates above inflation this year as they grapple with cost blowouts, spending cuts and project delays caused by the fuel crisis. Source link
Debunking four myths about Australia's fuel crisis
If you listen to increasingly shrill calls, it is time to rebuild our oil industry. While the sentiments might be well-meant, a few unfortunate facts have been overlooked. Source link
Australia's LNG exporters will face a tougher future, new report says
The long-term outlook for Australia’s liquefied natural gas exports is structurally constrained by declining demand, and the current war in the Middle East may hasten that shift away from gas, a new report claims. Source link
Growers could 'pull the pin' as fuel costs soar
As fuel prices remain high amid the war in the Middle East, growers and fishers are among those having to make tough decisions to remain viable. Source link
Booking.com customers involved in possible data and security breach
Some Booking.com customers are being warned their personal information may have been accessed by unauthorised third parties, prompting fresh concerns about the security of travellers’ data. Source link
ASX slips as oil surges back above $US100 a barrel on US threat of Gulf blockade — as it happened
Failed US-Iran peace talks send oil prices surging higher and the Australian share market lower. Source link
Fuel crisis has some delaying retirement and working from home
The COVID-19 pandemic brought job losses, working from home and economic instability. Some fear the US-Israel war on Iran and spiking fuel prices have created similar struggles. Source link
US to intercept ships in international waters that paid Iran a toll, Trump says
US President Donald Trump made the comments after the US and Iran failed to reach an agreement after 21 hours in talks in Islamabad. Source link