Articles

  • 1 week ago | abc.net.au | David Taylor

    Investment analysts say despite the fact the Israel-Iran conflict is entering a critical phase, there is an uneasy calm on global financial markets. But that calm could dissolve into an economic crisis if Iran sees fit to close the Strait of Hormuz, a geographic zone critical to the world's oil supply.

  • 1 week ago | abc.net.au | David Taylor

    Official figures show there have never been more women employed in the Australian workforce. While the majority of women work in the care sectors, many more are moving into science and technology.

  • 1 week ago | abc.net.au | David Taylor

    Australia's unemployment rate has remained steady in May despite a dip in employment. The unemployment rate came in at 4.1 per cent last month, for the fifth month in a row, in seasonally adjusted terms. Employment decreased by 2,500 people and the number of officially unemployed people declined by 2,600.

  • 1 week ago | abc.net.au | David Taylor

    Economists say the international tariff war and conflict in the Middle East are influencing the behaviour of Australians. New figures show households are spending less and saving more. That thriftiness has some experts worried about the economic outlook and the health of the jobs market.

  • 1 week ago | abc.net.au | David Taylor

    It's clear the the movements of financial markets are being affected by the conflict between Iran and Israel, especially the price of crude oil. There are implications for Australian motorists too.

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David Taylor
David Taylor @DaveTaylorNews
13 Jun 25

Brent crude futures and West Texas Intermediate crude futures have both surged more than 8 per cent in New York trade. WTI crude oil hits $74 a barrel.

David Taylor
David Taylor @DaveTaylorNews
13 Jun 25

The Israel Defense Forces says Iran has launched more than 100 drones towards Israel, in the wake of major strikes across Iran by the Israeli military. ABC News

David Taylor
David Taylor @DaveTaylorNews
13 Jun 25

Two words: oil price