Middle East Chaos and Energy Shock Spook Investors, Analysts Warn
Investors are spooked by Middle East turmoil and energy price shocks, with analysts cautioning against buying the dip amid heightened market volatility and uncertainty.
Investors are spooked by Middle East turmoil and energy price shocks, with analysts cautioning against buying the dip amid heightened market volatility and uncertainty.
The Hunter region in NSW is strategically positioned to become a national leader in the new energy economy, leveraging its industrial heritage and renewable resources for sustainable growth.
Western Australian business leaders identify artificial intelligence uptake, workforce shortages, and property constraints as major hurdles in a new survey, impacting growth and operations.
Horizon Minerals plans to use a 460,000-tonne ore stockpile from Boorara to kickstart its Black Swan gold processing hub in Western Australia's Goldfields by mid-2027, reducing startup risks.
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RecommendedThis week's ASX runners, led by 88 Energy, Aguia, Chariot, and Torque, surged as oil prices spiked due to Middle East tensions, impacting global markets and inflation.
7NEWS is distributing $20,000 in fuel vouchers this week to assist Australians with rising fuel costs. Viewers can win $250 vouchers by watching nightly broadcasts and entering with code words.
Two individuals have been charged following a police investigation into alleged break-ins at Pokolbin properties, with Operation Ferment targeting thefts in the Hunter Valley region.
The Great Western Highway's Victoria Pass section is closed for at least three months due to significant landslide damage, impacting travel between Lithgow and the Blue Mountains.
Investors are losing confidence in BHP's ability to overcome China challenges, while Rio Tinto and Fortescue benefit from iron ore price spikes, reshaping mining sector dynamics.
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RecommendedThe engineering industry mourns the sudden passing of Peter Bennett, former CEO of Clough, with tributes highlighting his leadership and legacy in major projects.
Quantum Graphite's partner signs MoU with Oman's Al Buraimi for a large graphite refinery, linking South Australia's Uley mine to global battery and energy markets.
Terrain Minerals has initiated a follow-up aircore drilling program at its Lort River rare earths project in Western Australia, targeting high-grade magnet rare earths in a vast clay basin.
Koala launches a major Afterpay Day sale with discounts up to 30% on sofas, mattresses, and bed bases. Upgrade your home affordably with stylish, sustainable options.
Australia's peak farming body warns that diesel shortages are pushing regional communities to breaking point, threatening food production and animal welfare as farmers struggle to access essential fuel supplies.
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RecommendedA Senate motion by the Greens to investigate gas projects has sparked heated debate, revealing stark political rifts over energy policy and environmental impacts in Australia.
Premier1 has finished a reverse circulation drilling program at its Yalgoo gold project, targeting high-priority areas to expand resources in the greenstone belt, with assay results pending.
Trent Napthali, a mechanical fitter with 23 years at Tahmoor coal mine, must decide on redundancy by Friday as liquidation forces 238 job cuts, highlighting worker distress and uncertain futures.
Expert Bob Winnel outlines a comprehensive strategy to address Canberra's severe housing shortage, focusing on policy reforms and community solutions.
Northern Star Resources has reduced its full-year gold production forecast for the second time due to ongoing mill problems at key sites, impacting output and investor confidence.
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RecommendedA high-profile bare-knuckle fighting event is set to bring significant economic benefits to Townsville, with local businesses and tourism expected to see a major uplift from the anticipated influx of visitors and media coverage.
The Mount Isa to Townsville inland rail line has been removed from the national priority infrastructure list, sparking concerns over regional economic impacts and future development.
Thousands of North Queensland residents are calling for the restoration of international flights to Townsville, citing economic and travel benefits.
The Coral Adventurer cruise ship ran aground on a coral reef in Papua New Guinea, causing damage. Authorities are investigating the incident, with no injuries reported.
Basil Zempilas argues that home ownership should always be a key goal for Australians, emphasizing its role in financial security and community stability.
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RecommendedA Western Australian fuel station has been fined $1000 for breaching new consumer protection laws by charging different petrol prices than reported to authorities.
Business owners in Geelong's CBD report multiple daily thefts by young offenders, urging authorities to address rising youth crime and its impact on local trade.
Geelong CBD's Ooh Baby Italian restaurant is delighting locals with its vibrant atmosphere and authentic dishes, blending fun and flavor in a unique dining experience.
Energy Minister Chris Bowen faced criticism for blaming the public for fuel shortages while ignoring allegations of price gouging by retailers during a recent crisis.
AGL's David Moretto warns that Australia's energy transition demands better coordination to prevent chaos, highlighting risks from rapid renewable adoption without proper planning.
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RecommendedMetal Logic's innovative modular smelting units are set to test Western Australia's green steel vision, promising lower-cost, lower-emission production from Pilbara ore.