IMF cuts outlook, warns of potential global recession

The IMF has cut its global growth outlook, saying conflict-driven oil shocks have become a bigger threat to the world economy.

Woolworths supermarket, La Plaza Bentley. Picture: State Library of Western Australia.

Video features

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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Business

Wall Street rallies to the edge of all-time high as oil prices ease

Wall Street pushed closer to record highs as easing oil prices and hopes of renewed US-Iran talks lifted investor sentiment. Strong earnings also h...
15 April 2026
Sustainability

NSW targets cheaper driving with new EV strategy

The NSW government plans a $100 million push to expand EV charging and uptake to cut fuel costs and reliance on petrol.
14 April 2026
Economy

Oil prices rise after the US says it would block Iranian ports

Oil prices have jumped after the US said it would blockade Iranian ports from Monday, raising fresh fears about global energy supply and the econom...
13 April 2026
Economy

Wages, jobs hold steady despite rising inflation, CBA data shows

The jobs and pay outlook for Australian workers remains resilient despite the turmoil in the Middle East and sticky inflation at home, according to...
13 April 2026
Economy

Why are people talking about stagflation again, and what does it mean anyway?

It was invented in the 1960s and is closely linked to the 1970s. So why is the word ‘stagflation’ suddenly back in use, and what does it actually m...
13 April 2026
Agribusiness

How Aussie farmers are navigating fuel and fertiliser pressures

Rising diesel costs are hitting harvest, freight and day-to-day operations on Australian farms, while uncertainty around the ongoing supply of nitr...
10 April 2026

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

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