Interest rates stay. The Reserve Bank penguins are back.
While most of the nation was concentrating on a horse race, the Reserve Bank trotted out a surprise by not surprising and kept rates steady. Michael Pascoe was there. Forget…
Australia warned of assassination attempts by regimes
An assassination attempt on Australian soil is a real possibility as foreign governments have grown more willing to do harm, the nation’s intelligence boss has warned. At least three nations…
Spring racing fever. EPIC Cup unbackable favourite revealed
Spring racing fever is in the air, and nowhere is the excitement more electrifying than at the starting gates of the 2025 EPIC Cup, featuring the most outrageously expensive and…
Lehrmann’s cost woes in anti-corruption submarine probe
Former Liberal staffer Bruce Lehrmann’s request for financial assistance has been knocked back after his home was raided by the national anti-corruption watchdog. Officials from the National Anti-Corruption Commission searched…
Fears ‘free’ electricity could come with hidden costs
Energy retailers say they’ve been blindsided by reforms promising free electricity to hundreds of thousands of Australians during peak solar power hours. The Solar Sharer program, announced by the federal…
Jump in forecast inflation clouds interest rate hopes
The Reserve Bank has drastically lifted inflation forecasts after admitting its last estimate was off the mark, likely ruling out rate cuts until late 2026 at the earliest. Released as…
OpenAI, Amazon sign $US38b deal for AI computing power
OpenAI and Amazon have signed a $US38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s data centres in the US. OpenAI will be…
Coalition’s climate change policy fight ‘unavoidable’
A political divorce between the Liberal and National parties might be needed to save the coalition from “damaging” infighting over divisive climate policy, an analyst says. Moderate Liberal MPs are…
China extends visa-free policy to end of 2026
China will extend its visa-free entry policy for 45 countries including Australia and New Zealand to December 31, 2026 and expand the scheme to cover Sweden, effective November 10, the…
US company Kimberly-Clark buys Tylenol maker Kenvue
Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal, creating a massive consumer health goods company. In the deal worth about $US48.7 billion ($A74.5 billion), Kimberly-Clark shareholders…