Australia news live: Queenslanders in path of Cyclone Narelle stock up on food and sandbags; shares plunge as Iran war delivers economic shock

<p>Follow today’s news live</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p><strong>Agriculture minister says government monitoring any price gouging of fertiliser</strong></p><p><strong>Julie Collins</strong>, the federal minister for agriculture, said the government is monitoring any price gouging for fertiliser amid the turmoil in the Middle East.</p><p>I think our government has been very clear that this should not be seen as a commercial opportunity for anybody. This is about what is in the national interest. This is a conflict that is impacting globally, and what we need Australians to do is to act in the national interest, and that includes everybody along that supply chain.</p> <a href="https://www.theguardian.com/australia-news/live/2026/mar/19/australia-news-live-jim-chalmers-tax-inflation-budget-cost-of-living-war-fuel-crisis-shortage-inflation-cyclone-narelle-queensland-ntwnfb">Continue reading...</a>