Yesterday
- Updated
- Interest rates
Chalmers resists RBA rates risks
Treasurer Jim Chalmers has resisted predictions from economists that strong inflation data will force the RBA to raise the cash rate up to two more times.
- Updated
- Michael Read
This Month
Viva underperforms on Geelong refinery troubles
Repairs were expected to be completed by the end of September, but Viva is not finding it that simple to return to full-tilt production.
- Elouise Fowler
‘Only buy stuff for our kids’: Families pull back on spending
Petrol prices are just one of the rising costs pushing cellist Hanna Oblikov to cut back on new clothes and eating out – and research shows she’s not alone.
- Euan Black
- Updated
- Jobs
Chalmers warns Mid-East conflict to drive inflation
The treasurer warns the crisis could further drive up oil prices, as economists predict inflation figures may trigger another interest rate rise.
- Updated
- Michael Read
Why petrol over $2 a litre will hit differently this time
Companies facing higher costs will have less capacity to pass them onto already struggling customers, meaning profit margins will be squeezed by pricey fuel.
- Ronald Mizen
No ‘on the run’ cut to fuel excise: Albanese
The prime minister has blamed Russia’s invasion of Ukraine and global oil market movements for soaring petrol prices.
- Tom McIlroy
September
Soaring petrol prices tipped to fuel Australian inflation rebound
The market forecasts headline inflation data to climb to 5.2 per cent for the 12 months to August. The higher oil prices are hurting equities markets in the US.
- Tom Richardson
Fuel price jump hits households and inflation outlook
Spending on petrol jumped 9.5 per cent last month as households grapple with a surge in fuel prices that is expected to add to Australia’s inflation problem.
- Michael Read
Prolonged high petrol prices put pressure on inflation
The start of the war in Ukraine pushed up oil and petrol prices last year and they are showing no signs of going down, putting pressure on inflation and another interest rate rise.
- Updated
- Mark Ludlow
August
- Opinion
- Chanticleer
Ampol walks the fine line between dividends and growth
Ampol has kept some capital up its sleeve, at the same time as one of its competitors is up for sale. Is it a coincidence?
- Anthony Macdonald
Petrol price hits 13-month high, adding to inflation pain
The surge in fuel prices follows a weeks-long global oil rally, which has sent the price of crude up 30 per cent since the start of last month.
- Joshua Peach
July
- Opinion
- Chanticleer
7-Eleven sales pitch pits $1 coffee against cut-price fuel
Fuel or convenience retailer? That’s the debate raging over 7-Eleven’s Australian arm, as its owners collect indicative bids, and for which Ampol is a contender.
- Updated
- Anthony Macdonald
ACCC eyes fuel, grocery price rise concerns in Viva’s OTR takeover
The ASX-listed energy group said in April that it had reached an agreement to buy the 205-strong network of On the Run outlets for $1.15 billion.
- Updated
- Kylar Loussikian
April
Petrol prices could hit $2.20 after OPEC+ trimmed oil production
Petrol prices are likely to increase after Easter following OPEC+’s surprise decision to tighten oil production, with experts warning of more price spikes to come.
- Campbell Kwan
This family’s mortgage repayments will nearly double to $110k a year
Steven De Celis has cancelled date night, now shops at Aldi and sold the family’s second car before his mortgage repayments nearly double to $110,000 a year.
- Gus McCubbing
February
Where this homeowner is cutting back - and the things he won’t give up
Gerard Laugesen says while the pressure of mortgage repayments is starting to bite, his children’s education will be the last thing he cuts from the family budget.
- Gus McCubbing
Woolworths exec believes ‘very worst’ of food inflation is over
Paul Harker said key global indexes showed that vegetables, oils and cereals were pulling back, shipping costs were trending down and supply chains were stabilising.
- Updated
- Gus McCubbing
November 2022
Governments’ top policy failures of the year highlighted
Think tanks pick the Morrison government’s decision to slash the fuel excise tax for six months as a major dud, and other fiascos emerge from NSW and Victoria.
- Samantha Hutchinson
Andrews’ $15m netball sponsorship not a hit with voters: poll
Victorians rate their biggest concerns as the rising cost of living, health and social care and managing the state economy.
- Gus McCubbing
October 2022
‘Don’t end the week with an empty tank’: petrol set to hit $2.14
Motorists are being urged to fill up their tanks as the reinstatement of the fuel excise will soon be felt at the bowser, after being “masked” by natural price cycles.
- Gus McCubbing
