Shares surge on hopes of US Iran exit but risks remain
Australia’s share market has bounced sharply on optimism the US will wind down its military campaign against Iran, but doubts remain and aftershocks from the conflict are likely to linger.…
Stagflation risk: Chalmers heeds budget warning
Australia is staring into a stagflation abyss brought about by the war in the Middle East, making meaningful budget reform all the more timely, former Treasury boss Martin Parkinson says.…
Gas giants and coalition harden line against export tax
Calls for a 25 per cent tax on gas exports have been rubbished by energy producers and the federal opposition. Days after Liberal industry spokesperson Andrew Hastie expressed openness to…
Wollongong University Inc. Profit over jobs as consultants prosper
The University of Wollongong has shed hundreds of jobs with leaders claiming financial hardship, despite good cash flow and thriving consultants. Adam Lucas and James Guthrie report. This week’s Four…