Oil surges, petrol fears; Atlassian cuts 1600 jobs; 1 in 7 Aussies experience fraud

Friday 13 March 2026

Australia eases emissions standards on petrol as the price of oil surges amid a slump in supply from the Middle East. 

• The first signs of cracks in household spending emerge. 
• Australia’s tech golden child, Atlassian, cuts 1,600 jobs. 
• One-in-seven Australians experience personal fraud each year
• Hedgehogs and badgers to replace Winston Churchill and Jane Austen on British pound notes.

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