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AAP

Business

Jacob Shteyman

Higher rates and pricey petrol as economic outlook dims

Petrol Oil Australia Bonds RBA

With oil prices on the rise, petrol prices above $2 a litre could become entrenched. (Jay Kogler/AAP PHOTOS)

Australia's resilient labour market continues to be a bright spot in the nation's economy.

But despite the addition of more than 76,000 jobs in June, dark clouds are gathering on the horizon.

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Top stories on inkl right now

France protests live: Over 150 people arrested in Paris as police fire tear gas at protesters

President Emmanuel Macron has appealed for ‘calm’ as police deploy tear gas and riot gear

The Independent UK

‘Is this too little, too late?’: Cornell students on school’s response to gang-rape allegations

Students say the school is more interested in scapegoating fraternities than in committing to institutional change

The Guardian - US

Dozens arrested in Paris as tens of thousands expected to protest across France

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The Independent UK

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The Independent UK

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With U.S. debt above $40 trillion, the IMF chief warns that economic growth alone won’t solve the problem

Treasury Secretary Scott Bessent has said the U.S. can grow its way out of the debt.

Fortune

Trump waives Russian sanctions as US-Ukraine relationship frays

The US president claimed the move was in America’s ‘national interests’.

Evening Standard

Top stories on inkl right now

France protests live: Over 150 people arrested in Paris as police fire tear gas at protesters

President Emmanuel Macron has appealed for ‘calm’ as police deploy tear gas and riot gear

The Independent UK

‘Is this too little, too late?’: Cornell students on school’s response to gang-rape allegations

Students say the school is more interested in scapegoating fraternities than in committing to institutional change

The Guardian - US

Dozens arrested in Paris as tens of thousands expected to protest across France

Violent clashes are ongoing between police and protesters over high prices and weak public spending

The Independent UK

Founder of India’s ‘cockroach’ movement arrested over national flag protest

Abhijeet Dipke’s party says he and other senior figures ‘will go down in history as the first people after 1947 to be jailed for unfurling India’s national flag’

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

With U.S. debt above $40 trillion, the IMF chief warns that economic growth alone won’t solve the problem

Treasury Secretary Scott Bessent has said the U.S. can grow its way out of the debt.

Fortune

Trump waives Russian sanctions as US-Ukraine relationship frays

The US president claimed the move was in America’s ‘national interests’.

Evening Standard

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