Markets

Rising petrol costs could wipe out Scott Morrison’s income tax cuts

One of the big stories in global financial markets at the moment is the rising price of oil. Crude prices have climbed by more than 25% since mid-February, as OPEC’s ongoing production cuts re-balance the global supply picture while renewed tensions in the Middle East have also helped push prices […]
Rising petrol costs could wipe out Scott Morrison’s income tax cuts
Markets

CHARTS: Sydney petrol prices have plunged below $1

Via Motormouth.com.au, here’s a map showing unleaded fuel prices at Sydney service stations early on Monday afternoon. The light green dots represent stations where fuel is between 95c and 99.9c; the dark green spots are for stations with prices below 95c. Commsec noted in a research note this afternoon that […]
CHARTS: Sydney petrol prices have plunged below $1