Bloomie. Western Australia will establish its own strategic reserves of diesel fuel to ease “acute shortages,” the state’s government said. The government signed a deal with Cambridge Gulf Ltd. to buy and store 4 million liters of diesel, which is expected to arrive in the coming weeks, according to a statement. The inventory may be expanded to 12

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A week or so ago, Japanese PM Sanae Takaichi made the unexpected announcement that she would be travelling to Australia by the end of the month. Clearly, her visit is part of an intensifying diplomatic frenzy across Asia to secure energy supplies. Yet, the arrival of Japan’s political gojeerah has special significance for both countries.

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TME with the charts. Complacency is back Panic gone. Volatility crushed. Complacency back. The flip SPX futures are nearing the 7k level, with range highs just above. Downside panic has flipped into upside chasing, while vols have reset to pre-war levels. Chart 2 (SPX vs. VIX, inverted) shows the gap has narrowed materially from peak

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Tobacco excise has increased by over 60% since 2020, accounting for more than two-thirds of the legal cost of a pack of cigarettes. While illegal cigarettes are widely available and cost between $10 and $15 per pack of 20, a legal pack of cigarettes currently costs $40 or more. As a result, despite increasing taxes,

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Roy Morgan with the news. Overall Australian unemployment and under-employment at 3.4 million in March; ‘Real Unemployment’ at 1.69 million In March 2026, Australian ‘real’ unemployment dropped 28,000 to 1,693,000 (10.5% of the workforce, down 0.1%), and under-employment dropped 205,000 to 1,687,000 (down 1.2% to 10.4%). Given the data is not seasonally adjusted, the only

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