New Zealand's economy is preparing for significant challenges as global oil price shocks threaten to disrupt trade, inflation, and energy sectors, with experts warning of potential market volatility.
Prime Minister Anthony Albanese convenes National Cabinet to address potential fuel shortages from Iran conflict, focusing on economic resilience and self-reliance strategies.
US diesel prices have soared above $5 per gallon, the highest since 2022, as the Iran war disrupts oil production. Experts warn this will drive up costs for groceries, shipping, construction and air travel nationwide.
Prime Minister Anthony Albanese unveils emergency measures to protect Australia's economy from global instability, focusing on domestic manufacturing and fuel security.
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The Food Foundation reports 12% of UK households faced food insecurity in January, with 6.3 million adults affected. Concerns mount over Middle East conflict's impact on prices.
A new poll highlights the most effective methods for earning money in the UK, with side hustles and investments leading the way. Insights reveal shifting attitudes toward traditional employment.
Kevin Hassett, Trump's top economic advisor, downplayed fears that the Iran conflict could harm US consumers, calling it 'the last of our concerns' amid rising gas prices.
Natalie Barr challenges Jim Chalmers on government spending's role in inflation as RBA raises rates to 4.1%, sparking debate over economic responsibility.
US drivers face the highest gas prices since 2023 as the Iran war disrupts global oil flow, with national averages soaring to $3.79 per gallon, straining household budgets and fueling inflation concerns.
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The Reserve Bank of Australia has increased interest rates for the second consecutive month, warning that prolonged conflict in the Middle East could drive inflation higher. The 4.1% cash rate hike adds financial pressure on mortgage holders.
Research reveals new charitable deductions will bring millions more donors but likely reduce total giving by billions annually due to caps on wealthy and corporate donors.
The Albanese Labor government is considering changes to the 50% capital gains tax discount, sparking debates on housing affordability and economic effects. Analysis shows it benefits wealthy investors disproportionately.
The Reserve Bank of Australia increased the cash rate to 4.1% in a split vote, escalating mortgage costs. Soaring petrol prices due to Middle East conflicts add to financial strain on families.
Reserve Bank of Australia raises cash rate to 4.1%, with Governor Michele Bullock stating higher petrol prices are not the key factor, though Middle East conflicts could worsen inflation.
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The Reserve Bank of Australia increased interest rates today, citing global energy pressures. Key developments include fuel price warnings, defence pacts, and immigration crackdowns.
Treasurer Jim Chalmers signals capital gains tax discount reforms in May budget after parliamentary inquiry highlights intergenerational housing inequality.
The Reserve Bank of Australia's decision to raise interest rates during a global energy shock has revealed a split board, with Governor Michele Bullock downplaying internal controversy while highlighting inflation risks.
Australian borrowers confront rising mortgage repayments and petrol costs, with economists warning of a potential recession driven by interest rate hikes and global oil price surges.
Travis Perkins CEO Gavin Slark warns that escalating Middle East conflict is driving up energy costs, leading to imminent price increases for building materials in the UK construction industry.
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Yamaha Motor Corporation and Exxon Mobil join the growing corporate migration from traditional blue-state hubs to Sun Belt states like Texas and Georgia, driven by lower costs and favorable regulations.
Official figures reveal a sharp 30% annual rise in company administrations in February, with experts warning the Iran conflict and soaring oil prices could drive further collapses.
Fuel prices in Palm Beach County have surged by 25% in one month, reaching $4 per gallon, following President Trump's declaration of war on Iran and subsequent Strait of Hormuz disruptions.
New research reveals Trump-era tax law changes could bring millions more donors to nonprofits while reducing overall charitable giving by billions annually due to impacts on wealthy donors and corporations.
Sri Lanka has mandated a four-day working week and work-from-home rules for civil servants to conserve fuel reserves, with Wednesdays designated as holidays. The measures come amid severe supply disruptions caused by the US-Israeli war on Iran.
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Insolvency Service data reveals 4,210 debt relief orders in February 2026, the highest monthly figure since 2009, with personal insolvencies up 18% year-on-year.
Millions of UK pensioners could receive a nearly £400 state pension increase in 2027 if inflation remains elevated, driven by global energy price pressures.
Sri Lanka has mandated a four-day working week for public sector staff, closing offices every Wednesday to conserve fuel as Asia grapples with oil supply disruptions from the Strait of Hormuz.
Rachel Reeves will pledge the UK to 'fastest AI adoption in the G7' in a major speech, backed by a £1.5bn investment fund, while Treasury minister Dan Tomlinson insists technology won't cause overall job losses.
Chancellor Rachel Reeves details her economic strategy focusing on stronger EU relations, AI expansion, and regional growth, including a £2.5 billion investment in advanced computing.
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HMRC has directly contacted taxpayers informing them they will be legally required to comply with new Making Tax Digital requirements, with phased implementation starting April 2026 for high earners.
