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'We’re really going to feel things from here’ – oil shock reshaping the global outlook

Despite the latest ceasefire, the effects of the Middle East conflict on global growth and interest rates are about to change gear, with the US Federal Reserve also likely to change course, CBA's Joe Capurso says.

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U.S. President Donald Trump speaks during a news conference in the James S. Brady Press Briefing Room at the White House on April 06, 2026. Picture: AAP

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New data from the Regional Movers Index shows popular destinations like the Sunshine Coast remain strong, but more people are moving between regional areas and looking further afield for affordability and opportunity.

Inflation has become one of the defining challenges for the Australian economy, but why did it take off and has Australia already hit its economic “speed limit”?

CommBank Head of Commodities and Sustainable Economics Vivek Dhar breaks down what Brent crude oil is, why it’s used to price most of the world’s oil, and what’s driving the current supply squeeze.

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Economy

Kiwis keep rates on hold despite inflation threat

The RBNZ has kept rates on hold, prioritising supporting a weak economy even as inflation pressures build in New Zealand.
8 April 2026
Business

Best day in a year as Aussie shares surge on Iran truce

Aussie shares posted their best day in about a year after a US-Iran ceasefire eased oil fears and lifted investor confidence.
8 April 2026
Innovation

Fuel crisis drives record Aussie electric car sales

Electric-vehicle sales have reached a new high in Australia as more motorists ditch diesel and petrol models during a period of soaring fuel prices.
7 April 2026
Innovation

Why CommBank bank is changing ID rules

CommBank will no longer require more than one document to open an account thanks to technology already built into your passport.
7 April 2026
Economy

No easy exit: Iran’s leverage is already squeezing supply chains

Iran’s leverage over the Strait of Hormuz is already lifting prices across industries including manufacturing, food, and construction, increasing t...
1 April 2026
Economy

Brent eyes record rise as US oil also climbs above $US100

US stocks swung on Monday as oil prices kept climbing because of uncertainty about when the war with Iran could end.
31 March 2026

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Insights, explainers and features exploring the economy and the latest financial news.

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Journalists and members of the media can contact the CBA Media team by calling 02 9595 3219 or email us via [email protected]. For all other enquiries, here's how to get in touch.

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