Search

Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?

Australia is particularly vulnerable given its strong reliance on oil imports. “Our rough estimate is that if the flow of oil through the [strait of Hormuz] does not quickly resume we could survive till late

Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried

Australia Bank, said the Iran war had doubled the chance of a recession to 20%. That’s a significant increase, but Spence says “the way I am thinking about it is that we could have

Guardian Essential poll: Australians want higher tax on gas exports and extension of petrol excise cut

impact of the Iran war bites,” said Peter Lewis, executive director of Essential Media. “This creates real challenges for the treasurer leading into the budget, but there is strong support for measures to review housing