Oil jumps 4.8% after Middle East attacks
Oil prices surged 4.8% to $97.60 a barrel after Iran launched missiles at Israel, shattering ceasefire hopes and threatening Hormuz Strait reopening.
Category : Energy
Snowy Hydro 2.0 Likely to Miss 2028 Deadline
Snowy Hydro CEO Dennis Barnes concedes the 2028 completion deadline for the overbudget Snowy Hydro 2.0 is unlikely, as costs soar to $42 billion. Critics blame contractor issues and government contract changes.
Australia's Battery Revolution: Inside the 5 June Guardian Weekly
Australia leads in home solar and battery usage, reshaping energy markets. Plus: Iran war, cancer breakthroughs, pothole vigilantes, and more in the 5 June Guardian Weekly.
GDP Growth Driven by Datacentres Risks Climate and Jobs
Australia's March quarter GDP grew 0.3%, driven by datacentre investment, which the Climate Council warns will increase emissions and prolong coal use, while creating few jobs.
This Free Telegram App Replaces Your Messy Shopping Notes
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ACT Hybrid Fire Truck Fuel Use Higher Than Expected
An ACT fire truck costing $1.6 million, built as a hybrid, is consuming more fuel than anticipated, raising concerns about efficiency and environmental impact.
EOFY Sale 2026: Best Samsung Deals in Australia
Discover the best early EOFY Samsung deals in Australia for 2026, including huge discounts on TVs, tablets, gaming monitors, home appliances, phones, and wearables. Save up to $1500!
Hyundai Recalls 36,500 Tucsons Over Faulty System
Hyundai recalls nearly 36,500 Tucson SUVs from 2025-2026 due to a software glitch causing sudden braking, increasing crash risk. Free fix available.
Free Solar Power Scheme: Fair or Flawed?
From July 1, many Australians can get free electricity midday via the Solar Sharer Offer. But renters and apartment dwellers may miss out, raising fairness concerns.
UK Green Economy Worth Over £100bn Annually
The UK's net zero economy is valued at over £100bn annually, supporting more than a million jobs with higher wages, according to CBI Economics research commissioned by the ECIU.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
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Alphabet Plans $80bn Equity Raise for AI Infrastructure
Alphabet announces plans to raise up to $80bn in equity, partly to fund AI infrastructure, in one of the largest equity raisings ever. The move includes a $10bn share sale to Berkshire Hathaway.
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