Surprise jump as unemployment rate rises in June
The jobless rate has risen to 4.3 per cent, surpassing expectations, as the number of unemployed Australians jumped. Financial markets had expected the rate to remain steady at 4.1 per…
The Heretic – Commbank boss Drops Bombshell | The West Report
Good one for younger Australians and workers here. Mat Comyn, the $10m-a-year CEO of Australia’s biggest bank Commbank, has just advocated for tax on wealth, not wages. In a surprising…
Jim Chalmers’ housing pipedream remains a fantasy
Housing was a key issue in the May election, but that was so two months ago. We’re back to fudging it now, Michael Pascoe writes. There was absolutely nothing new…
Weaponised drone developed to counter unmanned threat
BAE Systems says it’s developing a new weaponised drone, aiming to offer military customers a lower-cost option for countering unmanned aircraft that have come to dominate the battlefield in Ukraine.…
The real thing, Trump says Coca-Cola to use cane sugar
Donald Trump says Coca-Cola has agreed to use cane sugar in its beverages in the US, after his discussions with the company. “I have been speaking to Coca-Cola about using…
Albanese to cap China trip with panda diplomacy
Pandas and bionic ears are on Prime Minister Anthony Albanese’s agenda as his six-day tour of China reaches its final leg. Mr Albanese touched down in Chengdu, in China’s southwest…
Job figures the fresh piece of Reserve Bank rate puzzle
The Reserve Bank will have a keen eye on fresh data on Australia’s jobs market as its next decision on interest rates draws closer. Labour force figures for June will…
EU trade chief heads to US in bid for tariffs solution
European Union trade chief Maros Sefcovic is heading to Washington DC for tariff talks, an EU spokesperson has told Reuters, adding that he will meet US Commerce Secretary Howard Lutnick…
Dollar dazzler designs no silver bullet for housing woe
Slick housing designs costing less than an ice cream are being deployed to get more homes built, but detractors have dubbed the promotion a “thirst trap”. The “pattern book” of…
Albanese visits China, meets Xi Jinping, sky does not fall
While many deplore kowtowing to Beijing, or catastrophise about Premier Xi’s ambitions, Anthony Albanese’s trip to China is more than a symbolic reboot. Michael Sainsbury reports. Hawkish columnists, security hardliners,…