Global phosphate crunch drives Australia to stockpile as 2027 squeeze looms

Phosphate shortage and Persian Gulf supply cuts drive Australia to stockpile fertiliser and boost imports. High prices make farmers unwilling to buy.

Why it mattersFertiliser costs directly drive farm productivity and food prices. Supply uncertainty and high costs squeeze farmer margins. They can also reduce plantings, which affects food security.

AustraliaAustralian farmers face prolonged supply pressure and elevated prices into 2027 as global shortages persist. Domestic production alone cannot meet demand, and planned maintenance shutdowns will tighten supply further.

✓ Claims checked against the source and corrected before publish. checked 6 d ago

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Sydney and Melbourne luxury homes slide past 10 per cent from peak

Top-tier homes fell more than 10.7 per cent in Sydney and more than 10.5 per cent in Melbourne; low-priced properties held steady.

Why it mattersProperty investors and high-end sellers are bearing the brunt; tight affordability and investor caution could weigh on the broader market.