Is Australia at risk of running out of fuel? Panic buying has surged, prices are spiking and some regional stations are already running dry as tensions in the Middle East rattle global supply chains.

This week on the podcast, Ben Westcott joins Rebecca Jones to unpack the data behind the headlines — how much fuel Australia actually has, where the system is under strain and why the ripple effects could hit everything from supermarket shelves to farm output.

Is Australia at risk of running out of fuel? Panic buying has surged, prices are spiking and some regional stations are already running dry as tensions in the Middle East rattle global supply chains.
This week on the podcast, Ben Westcott joins Rebecca Jones to unpack the data behind the headlines &mdash; how much fuel Australia actually has, where the system is under strain and why the ripple effects could hit everything from supermarket shelves to farm output.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business. 

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Bloomberg Australia Podcast

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Could Australia Really Run Out of Fuel?

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Australia’s supermarket giants are facing a growing backlash as shoppers battle rising grocery bills and fresh scrutiny lands on the industry. After a federal court found Coles misled customers over its “Down Down” discount campaign, questions are mounting over whether Australians have really been getting the bargains they were promised.

On this episode of the Bloomberg Australia Podcast, host Chris Bourke speaks with global business editor Karen Leigh about the court ruling, the cost-of-living crisis and why Coles and Woolworths have become targets of consumer frustration. They unpack the power of the supermarket duopoly, the erosion of trust among shoppers and whether growing competition from Aldi and Costco could finally reshape how Australians buy their groceries.

Australia&rsquo;s supermarket giants are facing a growing backlash as shoppers battle rising grocery bills and fresh scrutiny lands on the industry. After a federal court found Coles misled customers over its &ldquo;Down Down&rdquo; discount campaign, questions are mounting over whether Australians have really been getting the bargains they were promised.
On this episode of the Bloomberg Australia Podcast, host Chris Bourke speaks with global business editor Karen Leigh about the court ruling, the cost-of-living crisis and why Coles and Woolworths have become targets of consumer frustration. They unpack the power of the supermarket duopoly, the erosion of trust among shoppers and whether growing competition from Aldi and Costco could finally reshape how Australians buy their groceries.

Why Australians Are Really Angry About High Grocery Prices

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/61a4f459-32d2-4a33-b57d-b451002584f9/transcript

Treasurer Jim Chalmers has pitched his latest budget as one of the most ambitious in decades — but does it live up to the hype? With deficits stretching into the future and spending still strong, economists warn the plan could add to inflation rather than ease it, setting up a growing clash with the Reserve Bank. As interest rates rise and global uncertainty deepens, the stakes for Australia’s economic path are only getting higher.

In this episode, Bloomberg’s Swati Pandey breaks down what’s really in the budget — from housing reforms and tax changes to the bigger questions around productivity and growth. What does it mean for households already under pressure? And could this budget force the RBA to hike again as soon as June?

Treasurer Jim Chalmers has pitched his latest budget as one of the most ambitious in decades &mdash; but does it live up to the hype? With deficits stretching into the future and spending still strong, economists warn the plan could add to inflation rather than ease it, setting up a growing clash with the Reserve Bank. As interest rates rise and global uncertainty deepens, the stakes for Australia&rsquo;s economic path are only getting higher.
In this episode, Bloomberg&rsquo;s Swati Pandey breaks down what&rsquo;s really in the budget &mdash; from housing reforms and tax changes to the bigger questions around productivity and growth. What does it mean for households already under pressure? And could this budget force the RBA to hike again as soon as June?

Why This Week’s Budget Could Mean Even More Rate Hikes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4ffc3d42-c583-4a89-afa6-b44a0023ce7a/transcript

War-driven energy shocks, persistent inflation and rapid advances in AI are colliding to reshape global markets in 2026. In this special episode, we bring you highlights from a live Bloomberg panel in Sydney, where leading voices in economics, investing and dealmaking unpack how they’re navigating one of the most uncertain environments in years.

Westpac Chief Economist Luci Ellis, Ten Cap founder Jun Bei Liu and Goldman Sachs’ Marissa Freund discuss what’s driving volatility, where investors are finding opportunity, and why dealmaking hasn’t ground to a halt.

To find out more about Bloomberg New Voices head to https://www.bloomberg.com/newvoices

War-driven energy shocks, persistent inflation and rapid advances in AI are colliding to reshape global markets in 2026. In this special episode, we bring you highlights from a live Bloomberg panel in Sydney, where leading voices in economics, investing and dealmaking unpack how they&rsquo;re navigating one of the most uncertain environments in years.
Westpac Chief Economist Luci Ellis, Ten Cap founder Jun Bei Liu and Goldman Sachs&rsquo; Marissa Freund discuss what&rsquo;s driving volatility, where investors are finding opportunity, and why dealmaking hasn&rsquo;t ground to a halt. To find out more about Bloomberg New Voices head to https://www.bloomberg.com/newvoices

How Three Experts Are Navigating Volatility in 2026 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/89eb08e9-f8c5-4f70-b083-b4430032ab87/transcript

Could Australia Really Run Out of Fuel?

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