Business News

Oil prices set to rise as Middle East tensions worsen, adding to cost-of-living crisis

Written by Jamie Cross, Assistant Professor of Econometrics & Statistics, Melbourne Business School

Iran’s missile attack on Israel has caused global oil prices to spike this week amid growing fears a retaliation could put the global oil supply at risk.

Almost one year ago to the day, I wrote how an isolated conflict between Israel and Hamas would likely not cause a sustained increase in oil prices.

This was because neither Gaza nor Israel...

How Local SEO Helps Trade Businesses Win More Jobs in Competitive Areas
Running a trade business in a competitive area means ranking in local search results is non-negotiable. Visibility leads to…
Do you have Bitcoin? Be aware of the tax consequences of selling your investment
Bitcoin is ubiquitous. It is impossible to open a social media stream or news source without encountering yet another mention…
Murdoch’s News Corp has moved into the mortgage business. Where are the regulators?
If you want to advertise a house online in Australia, you don’t have many options. Just two companies dominate the mark…
Brands want us to trust them. But as the SPF debacle shows, they need to earn it
It’s quite unsettling to discover something so central to our cultural rituals – the “slop” in the Au…
Wild swings in the oil price make the Reserve Bank’s job harder
It looks, at least for now, as though tensions in the Middle East are easing somewhat. It appears much less likely Iran will …
New climate reporting rules start on July 1. Many companies are not ready for the change
PaeGAG/ShutterstockA new financial year starts on July 1. For Australia’s large companies, that means new rules on clim…

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…

How Sydney Drone Photography Transforms the Way Properties Are Marketed
Key Highlights Drone photography provides stunning aerial perspectives, showcasing properties in a way that traditional photography cannot match. This innovative technology allows real estate agents to highlight property features, surrounding amenities, and…

Australians want industry, and they'd like it green. Steel is the place to start
ShutterstockAustralia has an historic opportunity to build a new, export-focused manufacturing sector based on renewable energy. As a bonus, it could enable a less politically fraught conversation about climate change…
Booking customers on flights that were cancelled – how could Qantas do that?
Fining Qantas A$600 million if it is found to have knowingly sold so-called “ghost flights” would be fair, according to the Australian Competition and Consumer Commission.The commission this week launched…
Low-code, no-code: Creating new business opportunities
Over the last two years, thousands of Australian businesses - big and small, in every industry - have enhanced their technology to overcome short-term challenges and pursue medium- and long-term…

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...

It seems like design failures still occur in today’s modern branding era, despite rigorous rounds of approvals behind the scenes. One signage show...

Deputy, the global people platform for shift-based businesses, has announced an exclusive partnership with Predelo, an AI Decision Agent-as-a-Serv...

The countdown is on. With just days left until EOFY, now’s the time to make your remaining 2024–2025 budget work harder and smarter. After workin...

The former COO will lead the company’s next growth phase, with ex-CEO Edward Alder transitioning into the role of Managing Director AUSTRALIA, 25...