Russian default possible, but not expected to trigger a global financial crisis: IMF
International Monetary Fund Managing Director Kristalina Georgieva said Russia may default on its debts, but it…
Oil dips again amid supply chain fear relief
Oil prices declined for the second time on Friday after Russia confirmed it would continue to…
National Cabinet to meet for discussion on new Omicron strain and flood support
The Australian National Cabinet will meet today to discuss concerns over the new sub-variant of the…
Australia sets renewable energy investment record for fifth year
Australia sets renewable energy records for the fifth year in a row.
Prime Minister declares east coast floods a national emergency
Prime Minister Scott Morrison has declared a national emergency after floods ravage the east coast.
Strong rebound in hours worked over December quarter: ABS
The Australian Bureau of Statistics (ABS) has reported a rebound in hours worked over the December…
US bans Russian oil imports as UK introduces a phase out
Western countries have mounted more pressure on Russia, as the US bans Russian oil imports and…
Russia warns of skyrocketing oil prices if Western countries ban Russian imports
Already-surging oil prices could more than double in the coming months as Western countries threaten to…