The national average for unleaded petrol struck its second highest level in history last week, with every state and territory now paying more than $2 per litre, but there are signs of better times ahead for motorists. The Australian Institute for Petroleum said the national average...
Export restrictions in about 24 countries globally are pushing up prices and increasing food insecurity, according to the Australian Bureau of Agricultural and Resource Economics and Sciences. The latest ABARES Insights report showed food prices have increased 65 per cent in the past two years, and...
Estate planning involves developing a strategy to deal with your assets after you die – the legal instruments and structures, such as a will, you put in place to transfer your assets in the event of death. Tax is a major consideration in estate planning, and...
Australia’s greenhouse gas emissions increased in the last year, according to new data. A quarterly update of the national greenhouse gas inventory says there was an 0.8 per cent increase in emissions in 2021, equal to 4.1 million tonnes more than the same period in 2020. Increased...
Food and beverage wholesaler Metcash has reported record annual sales and lifted full-year profit, but warns food inflation has continued to rise during the second half of the financial year. The IGA Supermarkets owner and distributor says net profit for the 12 months to April 30...
More than half of Australian women earned the national minimum wage or less last year, compared to 38 per cent of men. The latest census shows 53 per cent of women aged 15 or older were earning $799 a week or less, including those on no...
Qatar Airways will increase flights into Adelaide from next month, as demand for both international and domestic travel continues to rise following the removal of COVID-19 restrictions. The airline will boost its Doha to Adelaide service from three to five flights a week from July 1. The...
NASA has successfully launched a rocket from the remote wilderness of the Northern Territory – the first commercial space launch in Australia’s history. Troublesome winds caused the countdown to be aborted several times before the first of three scheduled rockets finally launched at about half past...
The Australian share market pared some of its heavy losses as buying emerged in beaten down shares, but still ended lower amid renewed concern about a global recession. The benchmark S&P/ASX200 index ended 63.4 points, or 0.94 per cent lower, to 6,700.2 on Wednesday. The broader All...
Employment Minister Tony Burke stands by his recent comments that he doesn’t believe wage growth is about to fuel inflation, after Reserve Bank governor Philip Lowe warned against excessive wage rises. Dr Lowe told an event on Tuesday that a steady state of wage growth should...