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Three rate rises could add thousands to a new mortgage.

RBACommentsPremiumFuel costs predicted to push interest rates to 15-year high

Australian home borrowers could be hit with a number of rate rises this year, sending the Reserve Bank cash rate to a level last seen in 2011.

Stephen Johnson

US President Donald Trump has called for a coalition to protect the Strait of Hormuz. Carlos Barria / NewsWire POOL

NewsPremiumAustralia won’t send warships to Persian Gulf after Trump plea

Australia has responded to calls by Donald Trump for a global coalition to confront fuel threats as war in Iran rages on.

Nathan Schmidt

RBA governor Michele Bullock.

RBACommentsPremiumWar’s inflation impact all but locks in an RBA rate hike

When Australia’s central bank convenes this week for its second interest rate decision of the year, the board will find its current inflation problem further exacerbated by an energy price shockwave.

Swati Pandey

One Nation MP Barnaby Joyce has taken swipes at his political rivals over the worsening diesel and petrol squeeze in Australia. Picture NewsWire / Monique Harmer

UPDATEDPremium‘Foreseeable future’: Fuel message no one wants to hear

Chris Bowen has issued a dire warning over fuel prices in Australia amid growing shortages that have left at least one town without petrol.

Blair Jackson

The Reserve Bank is widely expected to hike interest rates when it meets this week. (Aap Images/AAP PHOTOS)

EconomyPremiumInterest rate hike 'no slam dunk' amid Iran uncertainty

Traders and economists widely expect the Reserve Bank to lift interest rates but uncertainty over the Iran war could convince the board to keep them on hold.

Jacob Shteyman

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FINANCEPremium‘Once bitten, twice shy’: RBA’s huge rate call

Australian families face a devastating double blow as the fallout from the Middle East smashes domestic households.

Cameron Micallef

The capital gains tax was introduced in 1999 under John Howard. NewsWire / Nicholas Eagar

POLITICSCommentsPremium‘Depends’: Key Iran detail in possible inflation spike

Treasurer Jim Chalmers has revealed a key detail about the Middle East conflict that will factor into a possible inflation spike.

Ria Pandey

Chris Bowen has been accused of being “asleep at the wheel” amid the nation’s fuel crisis. NewsWire / Gaye Gerard

NewsPremium‘Asleep at the wheel’: Blast on fuel crisis as Aus reserves revealed

Energy minister Chris Bowen has been accused of being ‘asleep at the wheel’ as Australians in some areas face ‘unacceptable’ fuel shortages.

David Hannant

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MARKET WRAPPremiumAussie sharemarket slides on oil price fears

Australian shares fell during Friday’s trading as oil price fears overshadowed strong gains from one of the market’s largest sectors.

Cameron Micallef

Australia’s bottom line could improve by nearly $200bn by changing CGT and negative gearing. NewsWire / Damian Shaw

FINANCE‘Truly cooked’: Aussies’ $190bn tax hit

Australia’s coffers could gain $190bn in a decade by making a simple tax change during the “worst housing crisis in living memory”.

Cameron Micallef and Ria Pandey

Twenty six lenders have hiked at least one fixed rate in the last fortnight including bankwest, ubank, Heritage Bank and RACQ. NewsWire / Nicholas Eagar

BankingPremiumMajor bank lifts home loan rates ahead of next week’s RBA call

Australians could soon be paying more on their mortgages as a major bank flashes a key warning sign for households.

Cameron Micallef

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FINANCEPremium‘Turmoil’: Rates tipped to hit 15-year high

Cash-strapped mortgage holders are being warned interest rates could reach their highest levels in 15 years as the Middle East conflict bites hard.

Cameron Micallef

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UPDATEDPremiumPetrol rules relaxed to allow more fuel into Australia

Petrol rules will be tweaked so an extra 100 million litres of fuel can go to regional areas battling shortages and increased prices amid the US-Israel war with Iran.

Ria Pandey, Nathan Schmidt, Joseph Olbrycht-Palmer, Abisha Sapkota

Fuel prices keep rising amid panic buying, rationing and shortage fears.

EnergyVideoCommentsPremiumEXPLAINER: What’s driving petrol prices and will we run out?

We take a look at what’s affecting fuel prices and the forces at play that will determine just how much pain Australians can expect at the pump.

Daniel Newell

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NewsPremiumSeven-day deadline in Aussie supply crisis

Australians have been warned it is only a matter of days before the pinch of the ongoing fuel crisis amid the conflict in the Middle East will be acutely felt at home.

Alexandra Feiam

When completed, the facilities will cover 150,000 square metres across four levels. (PR IMAGE PHOTO)

EconomyPremiumMassive robotic warehouse to deliver thousands of jobs

Construction has begun on the biggest warehouse ever constructed in Queensland - a robotic customer fulfilment centre for Amazon Australia.

Derek Rose

How severe the disruption becomes will depend largely on how long the conflict drags on.

EconomyCommentsPremiumThe essential commodities under threat from Iran conflict

The disruption to global commodity prices from the US-Israeli war with Iran is spreading far beyond energy markets

Kailyn Rhone

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UPDATED‘Unspoken deal’: Why Aus needs huge tax reform

Australia’s tax system would be reset to help workers take home more of their pay while getting investors to contribute more under an MP’s bold plan.

Cameron Micallef

Benchmark interest rate futures traders now expect a rate hike from the Reserve Bank on March 17 is more likely than not.

RBACommentsPremiumInterest rate horror: ‘61 per cent’ fears

Benchmark cash rate futures traders lifted the chance of a cash rate hike next week to 61 per cent after RBA deputy governor Andrew Hauser spoke on Tuesday afternoon.

Tom Richardson

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UPDATED‘Genuine debate’: RBA makes grim rates call

The RBA’s deputy governor has made a surprise call on where interest rates could go, as world markets face ongoing turmoil due to the Iran conflict.

Cameron Micallef

Deputy governor of the Reserve Bank of Australia Andrew Hauser.

RBACommentsPremiumHawkish RBA deputy Hauser turns up heat on a rate hike

Australia’s central bank deputy governor Andrew Hauser says further inflationary pressure from the war in Iran would be unhelpful as policymakers assess the impact on the economy.

Swati Pandey

Rising diesel and fertiliser costs will flow through to grocery prices, Rural Aid warns. (Joel Carrett/AAP PHOTOS)

PoliticsPremiumFuel price spike to hit ‘every corner’ of daily life

Australians are being told to brace for higher prices throughout the economy as the price of fuel soars and retailers react to panic buying.

Tess Ikonomou

Australian consumers could start spending less as confidence falls: NewsWire/Tertius Pickard

MONEY‘Double whammy’ set to hit Aussie households

Australian consumer confidence has plummeted as households face a “double whammy” of soaring fuel costs and looming interest rate hikes.

Cameron Micallef

Surges in fuel purchasing in the city is leading to a regional short fall. NewsWire / Luis Enrique Ascui

newsPremium$20 fuel limit as fuel crisis bites hard

Regional petrol stations have limited fuel purchases to just $20 per customer as panic buying in cities creates severe shortages across country Australia.

Cameron Micallef