AustraliaEconomy

Skyrocketing fuel prices, ignited by escalating conflict in the Middle East, are casting a long shadow over Australia's economic recovery.

Global energy markets are reeling as oil tracks toward its most significant weekly gain in four years, fuelled by escalating conflict in the Middle East.

Australia’s labour market reached a peak in the December quarter of 2025, with the total number of employed persons climbing to 15 million.

New Zealand has reopened its luxury real estate market to wealthy foreign investors, a strategic pivot aimed at stimulating a stagnant economy amidst shifting global geopolitics.

Australia's aviation landscape is bracing for a period of "upward pressure" on ticket prices, as the nation's four largest airports embark on a massive $20 billion infrastructure overhaul.

New data released by the Australian Bureau of Statistics reveals that total school enrolments reached a record high of 4,160,918 in 2025.

Australian household spending rebounded in the first month of 2026, buoyed by a significant appetite for services despite a softening market for major goods.

Treasurer Jim Chalmers hails a "stronger and broader" Australian economy as annual GDP growth climbs from 2.1% to 2.6%.

The Australian Council of Trade Unions has formally petitioned the Albanese Government to legislatively increase the nation’s minimum annual leave from four weeks to five.

China has surpassed Japan to become Australia's largest source of new vehicles in for the first time in a single month.

The Australian economy has demonstrated resilience, recording a 0.8% expansion in the December quarter of 2025.

Global oil prices held steady on March 3 as energy markets braced for an intensification of conflict in the Middle East.