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03.04.26 - 08:06
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Westpac CEO Warns Iran War May Spark Recession in Australia (Bloomberg)
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Westpac Banking Corp.'s chief executive officer Anthony Miller has warned the conflict in the Middle East has raised the risk of a recession in Australia, saying that it was unclear how long supply chain disruptions from the Iran war could take to work their way through the economy....
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03.04.26 - 02:00
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Australia Considers Emergency Powers To Protect Domestic Gas Supply (ZeroHedge)
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Australia Considers Emergency Powers To Protect Domestic Gas Supply
Authored by Tsvetana Paraskova via OilPrice.com,
Australia's government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026.
The potential consideration of using such powers would be part of the steps the Albanese Government is taking to secure domestic gas supplies for Australian households and industry as the Middle East conflict disrupts global energy markets.
Australian Minister for Resources, Madeleine King, has given notice of her intention to consider using powers under the Australian Domestic Gas Security Mechanism (ADGSM) to protect Australian energy supplies in the event of a possible east coast domestic gas shortfall in the third quarter of 2026, the winter months Down Under.
The minister will consult with major gas producers over the next 30 days regarding supplies to the domestic market and will make a decision o...
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02.04.26 - 00:30
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Australia Trade Data Due On Thursday (AFX)
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CANBERA (dpa-AFX) - Australia will on Thursday release February figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.In January, imports were......
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