Bank chief to be grilled with rate cuts up in the air
Australia’s central bank boss will be in the spotlight over the likelihood of future interest rate cuts as inflation continues to cool. Reserve Bank Governor Michele Bullock on Monday will…
France’s richest man slams proposed billionaire tax
Bernard Arnault, the boss of luxury goods group LVMH and France’s richest man, has attacked a proposed two per cent tax on billionaires as an assault on France’s economy and…
Optus boss answers calls to quit as outage fiasco grows
Optus was warned at least five times of a triple-zero call outage, as the telco giant’s boss shuts down questions about whether he will resign over the scandal. A botched…
Optus outage unlikely to have cost baby’s life: police
A failed emergency call during a widespread Optus outage is unlikely to have cost a baby boy his life, police say. A botched firewall update on Thursday blocked hundreds of…
Palestine statehood a ‘point of contention’ in US ties
Australia has been urged not to ignore threats of “punitive measures” from top Republicans, as the prime minister lands in the US for one of his most important diplomatic ventures.…
TikTok deal to be signed ‘in the coming days’
The White House says an agreement on video platform TikTok’s US business is expected to be signed in the coming days. White House spokeswoman Karoline Leavitt says details about TikTok’s…
Inflation fading but rate cut doubtful at least for now
Mortgage holders may soon get a better idea of when they can expect another interest rate cut as the Reserve Bank’s boss defends the timing of its moves. Governor Michele…
PM touches down in US for delicate diplomacy mission
The prime minister is embarking on one of his most important diplomatic endeavours as he lands in the US. Anthony Albanese arrived in New York City on Sunday morning Australian…
Optus pledges full review as triple-zero deaths mount
Optus is pledging to fully investigate a 10-hour triple-zero outage, accepting responsibility for a number of breakdowns during which at least four people died. The telco’s chief executive says an…
Democrats seek Trump meeting to avert US govt shutdown
US Senate Democratic Leader Chuck Schumer and his counterpart in the House of Representatives, Hakeem Jeffries, have called for a meeting with President Donald Trump to avoid a government shutdown…