Business News

What Russia's war means for Australian petrol prices: $2.10 a litre

Written by Vlado Vivoda, Senior Lecturer in Strategic Studies (Australian War College), Deakin University

Petrol prices Wednesday morning.Ellen Duffy/The Conversation, CC BY

Global crude oil prices have already reached their highest levels since 2014 in response to Russia’s military incursion into Ukraine.

With Russia being the world’s second-largest exporter of crude oil and refined petrol, as well the world’s largest exporter of...

As we begin to assess the fire damage in Victoria, we must not overlook these hidden costs
Devastated by widespread fires, Victoria has declared a state of disaster. More than 500 structures have reportedly been dest…
NZ’s low productivity is often blamed on businesses staying small. That could be a strength in 2026
Getty ImagesFor decades, we have heard a familiar story about why New Zealand’s firms choose to stay small. Business ow…
How do airlines set bag and weight limits? An ex-pilot explains new changes on the way
mtreasure/Getty ImagesYou arrive at the airport in plenty of time to check in. You reach the departure gate early. You board…
Is it okay to feel ‘schadenfreude’ at work? Here’s how to navigate this complex emotion
Pressmaster/GettyHave you ever felt delighted (perhaps secretly) when something went wrong for someone else? We may not openl…
Despite new tariffs on beef, China is far from closing the door on trade with Australia
Australia has been reminded once again that China isn’t always a reliable trading partner. Last week, on New Year&rsquo…
Inflation cooled more than expected in November. But rate cuts remain unlikely anytime soon
Annual inflation cooled in November. The latest Australian Bureau of Statistics (ABS) consumer price index (CPI) report, rele…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property
In the dynamic world of real estate, commercial properties hold a pivotal position. They represent not only a significant financial asset but also a crucial business investment. When contemplating the…

Australia's new vaccination campaign is another wasted opportunity
Australia's new 'Arm Yourself' COVID-19 vaccination campaign advertisement. Department of Health/YoutubeThe Australian government’s new national vaccination advertisements have been described as exciting as a bowl of leftover cereal, with all…
Poorly ventilated buildings are allowed under Australia rules – it's time to fix it
ShutterstockIf COVID-19 had taught us anything it surely must be that poorly ventilated buildings can be a health hazard. Yet due to a weakness in current rules they continue…
Governments shouldn't be so hasty in declaring victory on wages policy
Interestingly, the long term trend in wages policy is that Labor tends to adopt formal policies (as it is now doing) only to see wages fall under its stewardship, while…

Australian retailers are turning to artificial intelligence to simplify and automate returns and exchanges, while strengthening loyalty programs a...

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...