Tomorrow night's budget will show the country is back in deficit, and the Albanese Government says it's unclear when the country will return to surplus as it faces fresh calls for spending restraint.

Supermarket giants in the firing line over allegations of price gouging have been urged to improve their transparency, in a long-awaited consumer watchdog report released today.

The Australian jobs market continues to show remarkable resilience with the unemployment rate holding steady in February.

Israel has warned "the gates of hell will open" if Hamas does not immediately release remaining hostages still held in Gaza.

The Treasurer Jim Chalmers warns while the direct impact of US tariffs on the Australian economy are "manageable", the impacts of a wider global trade war are "far more concerning."

It's an industry relied upon by millions of Australian working parents everyday, an industry which is heavily privatised and subsidised, in a patchwork of regulatory standards.

A US delegation has touched down in Moscow, with a ceasefire deal in Ukraine on the cards. Russia's President Vladimir Putin threw his support behind the "idea" of a 30-day ceasefire, but Ukraine's President Volodymyr Zelenskyy says he's sceptical.

Household electricity prices are set to rise again for millions of Australians, with the Energy Regulator looking likely to raise the "benchmark" price

The World Today examines the events and issues of interest and importance to all Australians.

"No exemptions": Donald Trump's tariffs to be imposed on all its trading partners, Australia included. What will it mean for this country and the global economy?