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Latest news: Australia

Shares dip, oil soars after Trump ramps up Iran threats

Shares dip, oil soars after Trump ramps up Iran threats

Australia's share market has dipped ahead of the long weekend after hopes of a timely end to the Iran conflict crumbled under US threats to escalate attacks.

Australia faces 'sharp recession' if US escalates war

Australia faces 'sharp recession' if US escalates war

Australia faces 'sharp recession' if US escalates war

Australia faces 'sharp recession' if US escalates war

As Donald Trump fails to reassure traders about the Strait of Hormuz, analysts warn Australia's economy is hurtling towards a recession the longer it is closed.

Aussie dish serves up second helping for moon mission

Aussie dish serves up second helping for moon mission

Aussie dish serves up second helping for moon mission

Aussie dish serves up second helping for moon mission

A space dish in Australia is tracking NASA's new moon mission in a sequel to the nation's key role in televising one of humanity's biggest achievements.

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Punt on gambling reforms fails to hit support jackpot

Punt on gambling reforms fails to hit support jackpot

Restrictions on gambling ads have drawn pointed criticism from harm reduction advocates, who say there are too many loopholes that will still hurt Australians.

Liberal Party boss to quit after key by-election test

Liberal Party boss to quit after key by-election test

After almost a decade in the role, the administrative head of the Liberal Party has decided it's time to step down.

ASX vows reform after placing 'investors over markets'

ASX vows reform after placing 'investors over markets'

A final report on exchange operator ASX has noted its defensive culture and favouring of shareholder returns over resilient technology platforms for investors.

Labor about-turns on ending defence project scrutiny

Labor about-turns on ending defence project scrutiny

Senior ministers have backed as much transparency into Defence major projects as possible after a parliamentary committee moved to scrap public scrutiny.

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Not healthy for democracy: calls for more MPs shot down

Not healthy for democracy: calls for more MPs shot down

Not healthy for democracy: calls for more MPs shot down

Not healthy for democracy: calls for more MPs shot down

Anthony Albanese has used his strongest language yet to rule out adding more MPs to handle a growing population, despite a push for fairer representation.

No clear case for longer Iran war with goals won: PM

No clear case for longer Iran war with goals won: PM

No clear case for longer Iran war with goals won: PM

No clear case for longer Iran war with goals won: PM

Australia will join a snap meeting to end disruption to shipping in a critical oil corridor as the prime minister questions the value of a prolonged Iran war.

Extra fuel savings on the way after states end feud

Extra fuel savings on the way after states end feud

Extra fuel savings on the way after states end feud

Extra fuel savings on the way after states end feud

About $400 million of extra GST revenue as a result of the oil spike will be returned to motorists, despite the negative impact it will have on state buffers.

Fuel costs nip fishmongers ahead of Good Friday frenzy

Fuel costs nip fishmongers ahead of Good Friday frenzy

Fuel costs nip fishmongers ahead of Good Friday frenzy

Fuel costs nip fishmongers ahead of Good Friday frenzy

Fishmongers are absorbing fish price hikes ahead of Good Friday but are warning of when customers could feel the hip pocket sting if the fuel crisis continues.

Long, bumpy road ahead for fuel crisis, PM warns nation

Long, bumpy road ahead for fuel crisis, PM warns nation

Long, bumpy road ahead for fuel crisis, PM warns nation

Long, bumpy road ahead for fuel crisis, PM warns nation

Australians are being warned the fuel crisis could worsen as Anthony Albanese uses a national address to urge motorists to think of others when filling up.

Shares surge on hopes of US Iran exit but risks remain

Shares surge on hopes of US Iran exit but risks remain

Shares surge on hopes of US Iran exit but risks remain

Shares surge on hopes of US Iran exit but risks remain

Hopes of de-escalation in the Middle East war have reinvigorated investor sentiment and boosted markets, but details from the US administration have been scant.

Stagflation risk: Chalmers heeds budget warning

Stagflation risk: Chalmers heeds budget warning

Stagflation risk: Chalmers heeds budget warning

Stagflation risk: Chalmers heeds budget warning

Treasurer Jim Chalmers is being urged to reform the tax and migration settings in the upcoming budget as the oil shock worsens Australia's productivity funk.

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'Better world': inside Australia's pact with AI giant

A Silicon Valley tech boss has warned of the consequences should AI fall into the wrong hands as he signed an agreement with Australia on related safety.

Major capital home prices slip in two-speed market

Australia's housing market is diverging as the biggest capitals go backwards while growth accelerates in mid-tier cities.

'Exquisite' illustrations show efforts to save language

An exhibition celebrates the decades-long drive by the remote Western Desert community of Papunya to keep culture and language alive.

US gripes over Aussie TV, social media and drug rules

The Trump administration has again taken aim at some of Australia's policies, claiming American businesses may be facing unfair treatment.

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Australia won't send troops to answer Trump's oil rant

Australia has ruled out sending troops to the Middle East amid Donald Trump's remarks for nations to "get their own" oil from the Strait of Hormuz.

Finnish lessons for Australia to counter Russian threat

Russian misinformation and disinformation remain a threat to Australia as it tries to exacerbate social divisions in the West and spur political distrust.

Major employers face new rules on gender equality

Companies with 500 or more employees have new requirements to set, report on and meet gender equality targets in an effort to make workplaces more equitable.

Fuel relief may not be enough to help stressed budgets

Two of Australia's biggest banks have recorded noticeable rises in the value of fuel transactions, with one also seeing evidence of potential stockpiling.

'Unfair' subscription traps to be banned in new rules

Trapping consumers into subscriptions and tricking buyers with lower advertised prices are the practices that will be banned under tough rules.

Fuel support considered for diesel-dependent Pacific

Foreign Minister Penny Wong says Australia is looking at measures to help Pacific nations deal with the fuel supply crisis sparked by the Middle East war.

Political donation disclosure reforms delayed by months

Changes to when politicians need to declare donations have been pushed back by six months but will be in place well ahead of the next federal election.

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