Oil in Global Economy Series

Will global oil supply be at risk if Iran and Israel pull the Middle East into war?

Apr 18, 2024 06:28 am UTC| Insights & Views Economy

Tensions in the Middle East have escalated following Irans weekend missile and drone attacks on Israel, heightening concerns of a wider conflict. As with the Russian invasion of Ukraine, further conflict has the...

Governments are pouring money into housing but materials, land and labour are still in short supply

Sep 20, 2023 23:30 pm UTC| Real Estate

As Australias housing affordability crisis worsens, governments are spending more on housing. Victorias Andrew government has announced a suite of reforms (such as boosting social housing and making planning processes...

Prices are up and the supply of things we need is in flux. How did we get here?

Aug 22, 2023 04:17 am UTC| Economy

Australia is in a cost-of-living crisis. We know that because the prices typical Australians pay for typical products have been climbing much faster than typical wages, as acknowledged in the standard briefing provided to...

Groceries delivered in 60 minutes: it's on the cards but just not yet

Nov 25, 2022 14:00 pm UTC| Technology

From the food replicator in Star Trek to Dumbledore summoning food in Hogwarts banquet hall, we love the idea of instant food on demand. This week, Australian supermarket giant Coles appealed to that love by announcing...

Floods, pandemics, wars and market forces: what's driving up the price of milk

Oct 24, 2022 17:24 pm UTC| Economy

At the end of 2021, the cost of a litre of home-brand milk in an Australian supermarket was about $1.30. Its now about $1.60. What will it cost at the end of 2022? That depends on the continued effect of flooding on...

Battered but not broken: how global trade is responding to Russia’s invasion of Ukraine

Mar 21, 2022 15:20 pm UTC| Economy

Russias first McDonalds store in opened in 1990, just months after the fall of the Berlin Wall. It was a potent symbol that the Cold War was ending and a great ideological wound healing. Now every McDonalds in Russia is...

Supermarket shortages are different this time: how to respond and avoid panic

Jan 10, 2022 13:04 pm UTC| Economy

Australia has experienced plenty of supermarket shortages since the COVID pandemic began. The emerging crisis now is a bit different. In 2020 and 2021, empty shelves were due to spikes in demand, as shoppers responded...