And oil prices have jumped after Donald Trump suggested there’s no immediate end to the blockade of the Strait of Hormuz.
The Law Association says the two-year transition structure is the most pressing concern.
In case you missed it: News bites for the week.
ABC Business Sales’ latest quarterly M&A report says demand for small businesses is outstripping supply.
And telecommunications giants Telekom and T-Mobile US are in talks about a possible merger.
Developers say Fire & Emergency’s updated water supply code is overreach and will come with significant fishhooks.
Lender-actioned receiverships on the decline, however.
Submissions on the replacement to the Holidays Act say millions of dollars will be transferred from workers to employers.
And Nasa’s Curiosity rover detects possible signs of life on Mars.
And Elon Musk avoids speaking with French authorities probing his social platform X.