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Economy

Petrol prices: The problem with price dropping to 80c a litre
2 months ago

Petrol prices: The problem with price dropping to 80c a litre

Who remembers the year 2000? Sydney had the Olympics, Cathy Freeman was the fastest woman in the world on the 400 metre track, and the price of petrol was around …
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Petrol and fresh food prices spike, but inflation remains low
5 months ago

Petrol and fresh food prices spike, but inflation remains low

A spike in petrol prices at the end of the year and drought-driven food shortages have pushed inflation higher, but not by much.

Consumer prices rose 0.6 per cent in …
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Reserve Bank cuts interest rates to historic low of 0.75% to boost weak economy
9 months ago

Reserve Bank cuts interest rates to historic low of 0.75% to boost weak economy

RBA’s third reduction in the cash rate in five months an attempt to increase employment and lift stubbornly low inflation

Australia’s central bank has cut the official cash rate by …
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On Demand Economy, impacts on the downstream petroleum market
12 months ago

On Demand Economy, impacts on the downstream petroleum market

By  •  ACAPMA, Economy

ACAPMA recently participated in the Victorian Inquiry into the On Demand Economy which is aiming to unpick the myriad concerns and operating structures that come with the rapidy evolving Gig …
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Five reasons to be cheerful about the Australian economy
1 year ago

Five reasons to be cheerful about the Australian economy

Economics is sometimes known as the dismal science. Which is a shame, because at its heart economics is ultimately about the pursuit of happiness.

It’s also a shame because it …
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Scott Morrison peddles false hope on petrol when technology could change everything
2 years ago

Scott Morrison peddles false hope on petrol when technology could change everything

When the Howard government was implementing the GST, it promised the tax would not cause a net increase in the price of petrol.

To achieve this, it developed a formula …
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Petrol prices nudge up as oil prices jump
2 years ago

Petrol prices nudge up as oil prices jump

Anyone who drives realises that petrol has become more expensive this year — a lot more expensive.

Figures from the Australian Institute of Petroleum, released by CommSec, show that average …
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Company Tax Uncertainty
2 years ago

Company Tax Uncertainty

By  •  Economy

As all of us sit down to finalise our accounts for the past financial year, owners of fuel retail and distribution businesses with less than $25M are discovering the benefits …
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Viva Energy to shake up petrol floats
2 years ago

Viva Energy to shake up petrol floats

Australia’s petrol refiners are just weeks away from pulling the trigger on deals worth billions in a shake-up that will also test investor appetite.

As revealed by my …
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Australian sharemarket hits eight-month low
3 years ago

Australian sharemarket hits eight-month low

The local sharemarket has ended in negative territory for the second straight session, with all sectors in the red.

The benchmark S & P/ASX200 closed down 49.3 points, …
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