Markets jittery as Trump targets Powell
Asian stocks have stuttered while oil prices stabilised and the euro was perched at a 3 and a half year high as investors weighed geopolitical, economic and fiscal uncertainties and…
‘Embarrassed’: ABC’s Lattouf legal bill to top $2m
Taxpayers are facing a $2 million-plus bill for the Australian public broadcaster’s failed legal defence of its decision to fire a radio host for her views on Gaza. Antoinette Lattouf,…
Meta fends off authors’ US copyright lawsuit over AI
Meta Platforms has had a legal win against a group of authors who argued that its use of their books without permission to train its artificial intelligence system infringed their…
Banks tip earlier rate cut after inflation falls again
Half of Australia’s big four banks are predicting a cut in interest rates when the Reserve Bank next meets following better-than-expected inflation numbers. Despite predictions of inflation remaining steady, headline…
Liberal leader vows to find ‘rivers of gold in revenue’
A Labor budget has failed to deliver any bold visions or ambitious projects befitting of Australia’s economic powerhouse, a state Liberal leader says. Softly spoken NSW Opposition Leader Mark Speakman…
NATO members commit to spending hike sought by Trump
NATO leaders have backed a big increase in military spending that US President Donald Trump had demanded, and restated their commitment to defend each other from attack after a brief…
Relief as airports open and Australians return home
Australian Or Kedem has packed his suitcase for what he hopes will be his fourth and final attempt to leave the Middle East now that missiles have finally stopped hurtling…
Global energy wobbles power-up electrification push
Australia’s exposure to energy price shocks is back in the spotlight, with even the weekly grocery shop in the firing line if tensions in the Middle East escalate. A ceasefire…
Bezos and Sanchez arrive in Venice for wedding party
Amazon founder Jeff Bezos and his journalist fiancee Lauren Sanchez have arrived in Venice ahead of three days of lavish VIP parties in the romantic lagoon city to celebrate their…
Australia’s Iran fallout warning despite uneasy truce
Conflict between Iran and Israel will have consequences for Australia, even if a ceasefire holds, an expert warns. While the federal government has repeatedly called for diplomacy and peace, it…