‘Unacceptable’: caps on the cards for consulting firms
Big consulting firms could be capped and split from their auditing functions under changes to the sector, as the prime minister labels conduct in the industry as completely unacceptable. KPMG…
World Bank to phase out China lending by 2031
The World Bank will phase out its lending to China by 2031 after years of declining loans, reflecting the country’s rise to become the world’s second-largest economy, three sources familiar…
Meta loses bid to dismiss claims it aims to addict kids
A federal judge has rejected Meta Platforms’ bid to dismiss a lawsuit by 29 US state attorneys-general accusing it of designing Facebook and Instagram to addict children and knowingly concealing…
Trump reports more than $2 billion income from crypto
US President Donald Trump has reported more than $US1.4 billion ($A2 billion) in income from his family’s crypto ventures in 2025, revealing he now earns most of his income from…
Home prices tank, but is it a cycle or more long term?
Australia’s housing downturn has deepened after curbs to investor tax breaks dampened already-weak buyer sentiment. Sydney’s median home price fell 1.2 per cent to $1,265,608 in June, leading a nationwide…
‘Cool tattoo’ comments levelled at dead Jewish grandma
A human rights lawyer has revealed he endured a torrent of anti-Semitic comments when he tried to sell the house of his late grandparents. The man, known by the pseudonym…
Defence project blowouts blast taxpayers with $29b bill
A review of a small sample of Defence projects under the biggest reform of the department in decades has revealed blowouts costing taxpayers $29 billion. The federal government has vowed…
Drivers brace for impact as brakes hit on fuel tax cut
Poorer Australians will bear the brunt of higher prices at the bowser in coming days as a wartime fuel tax discount is partly wound back. The 32-cent-a-litre discount on petrol…
Royal Commission or Lobby Show? | The West Report
The Royal Commission into anti-Semitism has a problem: it is not credible. The evidence is not being tested. Instead, it has descended into a storytelling farce about hurt feelings, while…
“Flagrant”. Court finds Israel activist breached Cairo Takeaway settlement
The Federal Court has found pro-Israel activist Ofir Birenbaum breached his Cairo Takeaway settlement deed. Stephanie Tran and Wendy Bacon report. The Federal Court has found pro-Israel activist Ofir Birenbaum…