Australian power grids have proven far more resilient to the latest global energy crisis compared with the Russia-Ukraine war, bolstered by battery boom and subdued local gas prices. A ballooning battery fleet soaking up cheap, abundant solar to discharge in the evening peak have cut reliance...
Diesel prices could surge above $4 a litre in coming months under a scenario modelled by economists at National Australia Bank, potentially spelling a much more severe economic fallout than forecast by the Reserve Bank. Fears of service stations running dry are a distant memory and...
Workers should be entitled to an extra week of annual leave and more stable rostering, unions have told a parliamentary inquiry. The Shop, Distributive and Allied Employees’ Association, which represents retail, fast-food and warehousing workers, wants an extra week of paid leave in addition to “roster...
More Australians are taking up desks in coworking spaces, as the flexible venues move beyond Australia’s capital cities and into the suburbs and regional areas. Flexible Workspace Australia’s 2026 industry report shows the client base of flexible workspaces has moved beyond startups, small businesses, and freelancers...
Tax changes in the upcoming budget are designed to help young people own a home, the prime minister says, as a downturn in Australia’s largest property markets gathers steam. Asked about reported changes to negative gearing and the capital gains tax discount at an event in...
Australian motorists should pay a fee for every kilometre they drive in order to maintain and build the nation’s road network, according to two studies into transport reform. But the reports, released on Wednesday, disagree over who should pay road user charges, when it should be...