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Diesel fuel pump. Sorry, sold out, out of stock sign. Shortages rural Australia. Crude oil, USA Iran conflict, war. Closure Strait of Hormuz. Impacting farming, trucking, mining, primary industries

‘No plans’ to restore cuts to Australia’s fuel excise as petrol prices creep up

The federal government has today shut down the possibility of restoring cuts to the fuel excise as renewed conflict in the Middle East causes petrol prices to climb. Deputy Prime Minister…

Exterior of a NEXTDC data centre featuring a distinctive red facade and NEXTDC signage.

NEXTDC offers $1.1 billion to support data centre expansion

NEXTDC has secured $1.1 billion through a convertible notes offering as the Australian data centre operator continues to expand its infrastructure…

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Australian businesses call for practical support to put AI to work

Australian businesses are increasingly interested in artificial intelligence, but many are still working out where it…

A pedestrian crosses a city street as trams approach in the background during late-afternoon sunlight.

CBD retail vacancies climb to 10.8% across Australia

Australia’s CBD retail vacancy rate has edged up by just 40 bp to 10.8% in H1…

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World Cup and The Odyssey help lift household spending in July

Australian household spending lifted by 0.6 per cent in July, with discretionary spending on experiences helping…

A large crowd of pedestrians walking along a busy city street in warm evening sunlight.

Unemployment hits 4.5% in July

The seasonally adjusted unemployment rate rose to 4.5 per cent in July, according to the latest…

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