Australia’s headline inflation rate has climbed to a two-and-a-half year high due to the Iran war but Treasurer Jim Chalmers warns the worst is yet to come. The jump in the Australian Bureau of Statistics’ annual consumer price index, to 4.6 per cent in March from...
The impact from the Iran war has led to a surge in inflation, in the first major piece of economic data since the conflict began: * Headline inflation rose from 3.7 per cent to 4.6 per cent in the year to March * It’s the highest headline...
Artificial intelligence has yet to negatively impact hiring of graduates, although some occupations are starting to show signs of softening, says Employment Minister Amanda Rishworth. In a keynote address on Tuesday, Ms Rishworth will preview new government data showing the effects of AI on the jobs...
A “perfect storm” of technological advancements requires governments to build a global network of online safety regulators to ensure women and girls are kept safe from tech abuse, Australia’s eSafety commissioner warns. Australia established the world’s first eSafety Commission in 2016, a government regulatory agency dedicated...
Drivers have been warned to be “deeply sceptical” of automakers’ claims after several popular hybrid and petrol cars were caught using significantly more fuel than advertised. Many electric vehicles are also stopping short of their promised range. In one instance, a small hybrid SUV exceeded its advertised...
An extra 500 million litres of fuel will enter the country’s reserves in coming weeks, as dozens of cargo ships are en route to Australia. Energy Minister Chris Bowen on Sunday confirmed 4.6 billion litres will enter the country in the coming four weeks as part...