News

The LNP government claims it's following productivity commission advice. Housing advocates say it's handing a gift to developers.

Economic sentiment fell sharply in March, with households bracing for prolonged energy shock and stagnant growth.

Thieves hijacked a truck carrying 413,793 KitKat bars between Italy and Poland in late March 2026. The haul included Formula One-branded chocolate. Nestlé is working with authorities.

Fertilizer prices have surged up to 50% since the Iran conflict began. Urea now costs over $800 per ton in the US Gulf, up from $350 in late 2025.

ARNECC said it will not proceed with the program meant to let rival networks connect with PEXA, citing bank non-participation and the need for Commonwealth backing.

New rules ban third-party application and payment fees, standardise rental application forms, and widen the test for ‘excessive’ rent increases.

Coles admitted in Federal Court it broke its own pricing guardrails on at least two products during its Down Down promotional campaign. The ACCC alleges both Coles and Woolworths misled consumers on 511 products by spiking prices briefly then offering fake discounts.

Meta lost $280 billion in market capitalization in March 2026 following two child safety liability verdicts and mounting concerns over AI infrastructure spending. The stock fell 11% last week. Analysts are comparing the situation to Big Tobacco's legal troubles.