ACN Business

Oil price shocks have a long history, but today's situation may be the most complex ever

Written by Scott L. Montgomery, Lecturer, Jackson School of International Studies, University of Washington

Gas prices at a Mobil gas station in West Hollywood, Calif., on March 8, 2022.AP Photo/Jae C. Hong

The world is in the grip of an oil price shock. In just a few months, prices have risen from US$65 a barrel to over $130, causing fuel costs to surge, inflationary pressure to rise and consumer tempers to flare. Even before Russia’s invasion of...

Physical retail roars back: Christmas 2025 expected to be the biggest in years
Physical retail is back and it’s booming. Shopping centres across Australia are preparing for one of the biggest Christmas …
Victoria will force home sellers to reveal their reserve price. Will other states follow?
If you’ve ever tried to buy a home at auction, you know how frustrating it can be to show up thinking you can afford a …
Australian franchise powerhouse, Success Tutoring, kicks off Canadian launch targeting 120 Locations by 2029
Success Tutoring, the world’s fastest-growing personalised learning franchises, is officially launching in Canada, with plans…
Jim’s Group relaunches Jim’s Legal — bringing accessible, affordable legal services to everyday Australians
Jim’s Group, one of Australia’s most trusted household brands, has announced the fresh launch of its national division, Jim…
As AI leader Nvidia posts record results, Warren Buffett’s made a surprise bet on Google
Fortune Live Media, CC BY-NC-NDThe world’s most valuable publicly listed company, US microchip maker Nvidia, has report…
New data shows the ACT and Queensland’s economies are beating the rest of the nation
The Australian Capital Territory and Queensland have won bragging rights for having the fastest growing economies in Australi…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Understanding the Importance of Property Valuation Services in Darwin
Introduction Darwin’s property market is known for its unique blend of residential, commercial, and rural investments. With constant changes in market demand, infrastructure development, and lifestyle shifts, understanding the real value…

Benefits of Customized Water Bottles
Customized drinking water bottles are a great way to promote your brand or company. They are also a great way to show your support for a cause or charity. When you’re…
Housing costs are actually the same as in 1993, but renters still struggle
Even though house prices have risen substantially over recent decades, housing costs as a share of income have barely shifted in over 20 years. Costs relative to disposable income for…
Dive Into the Depths of Competitive Swimming
Swimming competitions are a fantastic method to improve your physical and mental stamina and are also a terrific way to get in shape. The physical and emotional obstacles of competitive…

Brisbane’s brightest recognised: Daniel Mikus and James Rolph win Specialist Services Award at the 2025 Brisbane Young Entrepreneur Awards - again

Young Brisbane entrepreneurs Daniel Mikus and James Rolph, cofounders of MR Group, have been officially crowned winners of the Specialist Services...

Members greenlight merger of Regional Australia Bank and Summerland Bank

Regional Australia Bank and Summerland Bank will proceed with a merger after members approved the move at their Annual General Meetings this week...

DesignStreet marks 27 years with a bold rebrand

In a fast-moving industry defined by continuous disruption, one independent creative agency is proving that longevity and innovation can go hand i...

Deputy partners with SuperAPI to streamline employee onboarding and help get shift-based industries ready for PayDay Super

Deputy, the global people platform for shift-based work, has announced a new partnership with SuperAPI, marking a major enhancement to its HR pro...

KuCoin invests in Australian sponsorships of the ACC, plus a major campaign with golf icon Adam Scott

KuCoin, a leading global crypto platform built on trust, announced the appointment of James Pinch as the Australian Managing Director, the establish...

Australian companies pitching to the world’s wealthiest investors

#CapTech 2025 to bring world investors to Australia’s doorstep One of Australia’s leading business and capital events is bringing together inves...