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Keywords: Petrol Prices

  • ECONOMICS

    The economy is in worse shape than you think

    • David James
    • 07 March 2024
    4 Comments

    The aggregate picture of the economy may seem healthy enough after two years of heavy immigration, over 800,000, and the return of students and tourists. But the elephant in the room remains. Australia is a two-tiered society sharply divided between people who own homes and people who do not. The generational divide is worsening.

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  • AUSTRALIA

    Bring the second Australia out of the shadows

    • Mark Gaetani
    • 12 October 2023
    3 Comments

    Beneath the facade of Australian prosperity lies a hidden country where over three million citizens, including a staggering 761,000 children, grapple daily with the hard choices that come with poverty. With an urgent need for reform, what policy shifts could bring about the transformation this nation needs?

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  • AUSTRALIA

    The RBA's man with the hammer

    • James Massola
    • 13 June 2023
    2 Comments

    In a year defined by surging living expenses, RBA Governor Philip Lowe finds himself the object of public ire, his failed rate predictions and aggressive anti-inflation measures becoming a litmus test for the enduring effects of a global crisis. Will the Labor party dare sever ties with Lowe, or will they allow him to continue wielding the hammer, regardless of the mounting human cost?

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  • INTERNATIONAL

    The cost of living and the cost of principles

    • Max Jeganathan
    • 15 August 2022
    3 Comments

    Despite a post-pandemic bull-run, both the national and international economy are now stalling. Interest rates are going up. Markets are going down. Inflation seems unstoppable. While many factors are to blame for the rising cost of living, a catalysing force continues to be our response to the war in Ukraine.

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  • INTERNATIONAL

    Impending catastrophe leads calls to help fight famine

    • Kirsty Robertson
    • 10 August 2022
    2 Comments

    Last month I travelled to Ethiopia, visiting an IDP (Internally Displaced Persons) camp filled with thousands of people facing a hunger crisis. The triple threats of conflict, COVID and climate have created the perfect storm, with serious impacts on countries that depend heavily on grain, fuel and fertiliser imports from Russia or Ukraine, including Yemen, Somalia, Ethiopia and Sudan.  

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  • ECONOMICS

    How will Russia sanctions impact the global economy?

    • David James
    • 22 March 2022
    5 Comments

    Russia’s invasion of Ukraine has led to severe financial sanctions being imposed on the country that are likely to have lasting consequences. Problem is, they may not be the ones the sanctioners are expecting. They may even come to regret what they have done.

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  • AUSTRALIA

    What does $20 billion worth of subs look like anyway?

    • Frank O'Shea
    • 22 April 2016
    18 Comments

    What is the biggest number you can visualise? You can probably picture a crowd of 100,000, either because you were once part of such a crowd or have seen shots of a full MCG on Grand Final day. But what about ten times as many, or 1000 times ten times? Now we are talking billions, and your mind has likely gone into what computer programmers call overflow. So when we read that the cost of replacing our six subs with 12 new ones will be $20 billion, it means little to us: it's just a number.

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  • ECONOMICS

    Oil and gas redraw world strategic alliance map

    • David James
    • 16 February 2015
    3 Comments

    Sanctions against Russia have pushed Russia and China much closer together. Russia is set to provide two fifths of China’s gas needs after the completion of two massive pipelines. This will easily replace what they have lost in supplying Europe and deliver what the Chinese most crave: security of supply. Meanwhile, Russia has cut off 60 per cent of its supplies of gas into Europe, re-routing it to Turkey, and saying that Europe will have to build its own infrastructure to transport it to the Continent.

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  • AUSTRALIA

    Petrol price plunge won’t arrest car decline

    • Greg Foyster
    • 06 February 2015
    3 Comments

    After years of writing pain-at-the-pump puns, journalists are giddy at the prospect of prices heading south for once. The low price is a boon for motorists and regional tourism operators. But it won't change the face that we've hit 'peak car' and are driving less. Young people now prize access over ownership.

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  • AUSTRALIA

    Australians are not doing it tough

    • Greg Foyster
    • 02 September 2013
    19 Comments

    Throughout the election campaign, both major parties have pledged to address 'cost of living' pressures. But a quick comparison with the economies of other industrialised nations confirms that Australians have nothing to complain about. If prices rise by 5 per cent but incomes rise by 10 per cent, households are better off, even if the cost of a petrol reaches a new pinnacle.

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  • ARTS AND CULTURE

    Alice Springs drinking stories

    • Ellena Savage
    • 19 August 2011
    3 Comments

    On my last night in Alice, we went to the pub, and drank and danced with some locals. Patricia, for whom English was a fourth language, had moved to Alice to be with her husband. Her manner of speech was beautiful. When she invited us to her table, she said, 'Come, I'll tell you a story.'

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  • ENVIRONMENT

    Miracle plant's monstrous potential

    • Harry Nicolaides
    • 14 July 2008
    10 Comments

    As Australia considers the Garnaut Report and the CSIRO predicts petrol could reach $8 a litre within a decade, the subject of biofuel has garnered increased interest. Jatropha, the so-called darling of second-generation biofuels, could cripple third world economies and ecosystems.

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