Home Blog World News News live: PM says extra 200m litres of diesel secured; eSafety writes to Roblox and Minecraft about grooming concerns | Australia news
News live: PM says extra 200m litres of diesel secured; eSafety writes to Roblox and Minecraft about grooming concerns | Australia news

News live: PM says extra 200m litres of diesel secured; eSafety writes to Roblox and Minecraft about grooming concerns | Australia news


World experiencing ‘volatile, turbulent period’, Albanese warns

Albanese said the government was continuing to work against an extremely volatile political climate. He added:

double quotation markWhat we can do here in Australia is to do everything we can to secure supply … that is precisely what we are doing.

This is an extremely volatile period for the entire world. There is no getting away from it. And Australia is not immune from the consequences. …

This is a volatile, turbulent period in the world. We have been very upfront about that. We are not trying to pretend that is not the case.

Prime minister Anthony Albanese and energy minister Chris Bowen at Port Botany, Sydney
Prime minister Anthony Albanese and energy minister Chris Bowen at Port Botany, Sydney. Photograph: Dan Himbrechts/AAP
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Updated at 00.51 BST

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Jonathan Barrett

Jonathan Barrett

Takeaway coffee sales plunge as fuel and living costs dent Australian spending

For many coffee drinkers, takeaway orders are changing from a habitual purchase to an occasional treat, as elevated petrol prices and other living costs leave households feeling glum.

This rapid shift in behaviour has disappointed cafe owners and surprised economists, raising an uneasy question: if takeaway coffee sales are falling, is the economy next?

Photograph: William West/AFP/Getty Images

Changes in coffee purchases are an early indicator of consumer attitudes because Australians are generally unwilling to give up their daily habit until absolutely necessary.

National Australia Bank research shows that more than 50% of consumers are cutting back on treats such as coffee and snacks, which the bank says are usually among the most resilient purchases.

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