Could Middle East war lead to fuel rationing?
Experts say we should prepare for the possibility the war in the Middle East will force Australia to start rationing fuel.
Daniel Ziffer has worked at the intersection of journalism and public debate for more than two decades. From Melbourne he covers business issues for ABC News and is a fill-in Finance presenter on national bulletins. The long-time senior producer of Mornings with Jon Faine on ABC Radio Melbourne, Daniel has worked worked on air and in production at Macquarie Radio, as a freelance foreign correspondent based in New York City, a journalist at The Age and a magazine editor.
Experts say we should prepare for the possibility the war in the Middle East will force Australia to start rationing fuel.
Experts say Australians should prepare for the possibility of widespread fuel rationing if the war in the Middle East is prolonged.
The Australian market closed 1 per cent higher, regaining some of yesterday's losses. Catch up on the day's events and insights from our business reporters on the ABC News live markets blog.
More pain could be coming from motorists if economists' predictions about the impact of rising fuel prices on inflation prove correct.
The network's mammoth deal banked on the fact that people in Melbourne would take to the hosts just as Sydneysiders did.
Is your employer among the those with the largest or smallest gender pay gaps? More than 5.9 million workers from over 10,000 employers can now see the data for themselves.
With more tariff chaos from US President Donald Trump unsettling stocks globally, the ASX 200 was mostly flat on Tuesday. Look back on our blog from our ABC News business reporters.
Wage rises are not keeping up with inflation, meaning household budgets are being increasingly squeezed with inflation outpacing wages growth.
The ASX 200 closed slightly lower, and the CSL chief executive stepped down abruptly ahead of tomorrow's half-year results. Catch up on the day's events and insights from our business reporters on the ABC News live markets blog.
Millions of young people could see a massive boost to their wages - if the Fair Work Commission throws out a long-standing rule about award wages for those under 21.
Hardworking young people are sweating on a key wage case that could boost their pay, while businesses warn it could cause a collapse in employment.
Nearly $70 billion has been wiped off the Australian share market in its worst trading session since the "Liberation Day" sell-off in April 2025. See how the day unfolded and read insights from our business reporters on the ABC News markets blog.
Australia's biggest employers are under pressure to give their workers pay increases above 4 per cent this year, as real wages go backwards and the union movement ramps up pressure.
The Australian share market edges up after a brutal session on Wall Street, weighed down by massive losses in tech and AI stocks like Nvidia and Microsoft, while bitcoin trades around $76,000 after dropping to a 16-month low.
Consumer advocates fear a rate hike when the RBA board meets next week could be the "straw that breaks the camel's back" for borrowers in mortgage stress.
Inflation rose at the end of 2025, picking up more than forecast. The Consumer Price Index rose 3.8 per cent annually in December, up from 3.4 per cent in the year to November, adding to rate hike expectations.
The ASX 200 has fallen slightly after disappointing news about Australia's inflation rate, while the dollar retreated fractionally below 70 cents to the greenback after hitting three-year highs earlier in the day. Look back on the trading day in our business blog.
In 2005, Bernard Fanning and Ben Lee were very different men with very similar struggles.
What are you watching in 2026 when it comes to the economy or markets? That's the question we put to the ABC's experts.
Australia’s top economists talk interest rate hikes and market movements.
This year saw economies survive tariff shocks and markets burst through record highs, but it doesn't feel like a party because so many people aren't invited.
AI. Market records. Tariffs. Penguins. TACO. It's been a big year of economic shocks and surges as the international framework of global trade was shredded. Here's how key players saw the year that was.
A digital marketing agency run by a former AFL star has wiped its millions in debt through an insolvency process, only to open under a new ABN days later. Former staff were left without a job and almost $450,000 in unpaid entitlements, but it's within the bounds of the law and leaves taxpayers footing the bill.
With stock markets at records, U-S President Donald Trump's tariffs tantrum, and the march of artificial intelligence - it's been another big year of economic shocks and surges.
With Australia's fertility rate at a new low and concerns about its economic impact on the future, the former treasurer behind the early 2000s baby boom says all options should be on the table to encourage more children.