The latest flare-up in hostilities between the US and Iran has led to a 3 per cent surge in the oil price. The Australian share market slips while house prices are falling in most of the nation's capital cities.
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Latest business news
76yo loses retirement savings as granny flat builder collapses
Customers detail their "heartbreaking" financial losses after the collapse of Bella Modular, as a liquidator is appointed to see if any money can be clawed back for creditors.
Inquiry slams years of government failure before rushed fishing ban
A lower house committee has scrutinised the Tasmanian government's decision to ban people from fishing sand flathead across a large part of the state's south. It found the government failed to properly manage the species for years, before rushing through the ban without proper consultation.
Brisbane's ferry workers to go on strike during Riverfire
Brisbane ferry workers have been undertaking intermittent industrial action since July 30, with pay negotiations between the Maritime Union of Australia and RiverCity Ferries stalling.
Crackdown on alleged misuse of housing contract sunset clauses in SA
Legislation to stop homebuyers being left high and dry by developers misusing sunset clauses in contracts will soon be introduced to SA parliament, the state government says.
Materials to rebuild homes after disaster rise by 70pc in five years, report finds
According to a report released by the Insurance Council of Australia, the cost to build a home in Australia has risen almost 30 per cent in five years.
