warning

“Perfect storm”: The Minister of Energy is issuing a threatening warning about gas as prices rise

The new energy minister has warned that Australia is on the brink of a gas crisis and the problem will not be resolved quickly. Key points: Gas prices are rising due to the war in Ukraine and problems with some coal-fired power plants The new Labor government is meeting with gas companies to find more …

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Chief Wesfarmers says consumers are keeping up, warning of macro risks

Despite the headwind, Wesfarmers has been well equipped to adapt to inflationary pressures given the fundamental and diversified nature of its products, and so far there has been no real change in shopping patterns, while overall consumer demand is still “quite healthy”. “While it’s important to be aware of the risks associated with inflation, supply …

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