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Business Now with Ross Greenwood
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Despite the massive fire at the Geelong refinery overnight, wholesale fuel prices fall yet again. Plus, the prime minister’s gone cap in hand to our neighbours for fuel and fertiliser supplies.See omnystudio.com/listener for privacy information.
The IMF warns a global recession looms if the Strait of Hormuz stays closed, Virgin Australia flags higher fares as fuel costs rise. Plus, the share market jumps on hopes of a US-Iran deal.See omnystudio.com/listener for privacy information.
Business and consumer confidence plunge as fuel costs bite and more rate rises loom, petrol drops over 50 cents a litre from its peak to the lowest since the conflict began. Plus, Qantas shares tumble after cutting 5 per cent of domestic flights.See omnystudio.com/listener for privacy information.
Oil prices again swing higher as peace talks between the US and Iran break down. Plus, shares in A2 Milk slump after it admits it can’t get enough infant formula from its New Zealand supplier.See omnystudio.com/listener for privacy information.
Oil prices remain volatile ahead of the expected peace talks between the US and Iran in Pakistan tomorrow. Plus, the government considers banning self-managed super funds from the Compensation Scheme of Last Resort.See omnystudio.com/listener for privacy information.
The re-opening of the Strait of Hormuz as part of the ceasefire lasted less than a day. Plus, after a massive rise yesterday, financial markets are little changed today despite the fragile state of the cease-fire.See omnystudio.com/listener for privacy information.
Oil prices plunge $15 a barrel as markets post their best day since Trump eased his tariff threats, the ceasefire is conditional on the immediate reopening of Hormuz. Plus, the housing sector calls for urgent action as completions fall despite lower rates. See omnystudio.com/listener for privacy information.
Petrol prices keep easing but diesel remains high, the Federal Government delays finalising the budget to the last moment, but despite the outlook the stock market surges with strong gains across tech, miners and the banks.See omnystudio.com/listener for privacy information.
The prime minister urges Australians to save fuel in a national address, the government rolls out a four-stage fuel plan. Plus, Donald Trump says the US war with Iran will end soon in his own address.See omnystudio.com/listener for privacy information.
The Prime Minister is set to deliver a state of the nation address tonight, the cut to fuel excise started today. Plus, a billion-dollar mortgage fraud that hit the Commonwealth Bank and NAB is a wake up call for all companies.See omnystudio.com/listener for privacy information.
Bank surcharges gone from October, the Fair Work Commission rules that 18 to 20-year-olds should be paid adult wages in the retail and hospitality industries. Plus, the fuel crisis again highlights Australia's vulnerability.See omnystudio.com/listener for privacy information.
The government cut the fuel excise for three months, dwindling consumer confidence in weekend property markets with just two in five homes up for auction sold in Sydney. Plus, some truckies reporting fuel price hikes of more than $2,000 a week.See omnystudio.com/listener for privacy information.
Markets stay volatile as investors react to Donald Trump’s comments, the Middle East conflict boosts defence stocks. Plus, one of the biggest weekends for property with more than 4,400 auctions nationwide.See omnystudio.com/listener for privacy information.
As Cyclone Narelle intensifies off the West Australian coast with a chance of becoming a category five storm, key iron ore and LNG export ports are closed. Plus, the government calls for an above inflation wage rise for almost three million workers.See omnystudio.com/listener for privacy information.
Global oil prices fell today leading to our stock market's best day in almost a year, Singapore Airlines started selling tickets today for the new Western Sydney International Airport. Plus, fuel prices threaten to soar for longer.See omnystudio.com/listener for privacy information.
Australia's European free trade deal promises cheaper electric cars and opportunities for horticultural growers. Plus, oil prices plunged 14 per cent after Donald Trump gives Iran 5 days of negotiating time before bombing key infrastructure resumes.See omnystudio.com/listener for privacy information.
Fuel shortages and higher prices might only get worse from here, Kyle Sandilands launches his lawsuit against former employer ARN Media. Plus, Australia is expected to sign a free trade agreement with the European Union tomorrow.See omnystudio.com/listener for privacy information.
Brent crude oil prices drop back from their highest level since July 2022, money markets expect Australia's cash rate to lift to 4.85% by the end of this year. Plus, investors focus more on the Middle East than the rout of global software stocks.See omnystudio.com/listener for privacy information.
The world's biggest gas export facility in Qatar is hit by Iranian missiles, Treasurer Jim Chalmers lays out his major budget preview. Plus, the Energy Regulator announces its latest price rises for uncontracted electricity users.See omnystudio.com/listener for privacy information.
The Treasurer hoses down talk of a recession, BHP and Woodside both announce new CEOs. Plus, the government charged the ACCC to investigate fuel price gouging but the ACCC Deputy claims it is not actually illegal.See omnystudio.com/listener for privacy information.




