Best of Business

Kelly Eckhold: Westpac Chief Economist on oil prices dropping amid Iran deal negotiations

5 min · 31 de may de 2026
Portada del episodio Kelly Eckhold: Westpac Chief Economist on oil prices dropping amid Iran deal negotiations

Descripción

Oil prices fell significantly throughout last week as discussions regarding an Iran deal continued to take place. Prices are down around 8 percent for the week with Brent crude around $91 a barrel. Westpac Chief Economist Kelly Eckhold says rumours regarding an imminent Hormuz opening agreement caused prices to drop on Friday, but things aren't fully stable. "Mediators had sent a proposal to Trump for an agreement and then noted on his Truth Social account that he was going to make what he called a 'final determination' on the Iran issue. He was in this meeting, but we weren't that lucky."  LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Comentarios

0

Sé la primera persona en comentar

¡Regístrate ahora y únete a la comunidad de Best of Business!

Empezar

2 meses por 1 €

Después 4,99 € / mes · Cancela cuando quieras.

  • Podcasts exclusivos
  • 20 horas de audiolibros / mes
  • Podcast gratuitos

Todos los episodios

300 episodios

Portada del episodio Carl Taylor: Combined Building Supplies CEO on the impacts of the new home warranty rules

Carl Taylor: Combined Building Supplies CEO on the impacts of the new home warranty rules

The Government is making changes to the Building Act, including bringing in a new liability scheme that means councils won't have to handle building defects on their own. The law will also introduce a one-year warranty on new residential buildings of up to three storeys and for renovations costing more than $100,000, and a 10-year structural warranty period. These changes have sparked concerns among builders, who worry these new requirements will unintentionally shut them out of the market. Combined Building Supplies CEO Carl Taylor joined the Afternoons team to discuss the impact of these changes. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Ayer6 min