Bank of England cuts main interest rate by 0.25pc
The Bank of England is cutting its main interest rate by a quarter of a percentage point to 4.25 per cent amid concerns over the potential shock to global growth…
Global shares enjoy lift from trade deal hopes
World shares have inched higher, buoyed by US President Donald Trump’s promise of a first trade deal in his global tariff war – tipped to be Britain – while the…
Charges dismissed, but activist denied rights. What’s the scam?
A judge has ruled that pasting a piece of paper on a controversial former governor’s statue is not protected by freedom of political communication, but dismissed all charges against activist…
Woodside blocks climate questions as protesters blow up
Woodside’s annual general meeting has been disrupted by noisy protesters furious about a perceived lack of progress on climate change. The oil and gas giant’s chief executive Meg O’Neill tried…
Power for millions of homes in major clean energy call
Enough wind, solar and batteries to power 2.7 millions of homes at peak generation have been given the go-ahead to connect to new power lines. Clean energy and storage projects…
ANZ shares sell-off after flat cash profit of $3.6b
Shares in Australia’s fourth-largest bank have fallen after its first-half earnings missed investor expectations. ANZ posted a cash profit of $3.6 billion, which was flat on the previous corresponding period,…
Woodside unleashes barrage of promo videos on hecklers
Oil and gas producer Woodside’s annual general meeting has been disrupted by noisy protesters amid scrutiny over the company’s environmental record. Chief executive and managing director Meg O’Neill deferred to…
Two ministers face the axe from Albanese’s top team
Two senior ministers are expected to lose their positions in a new-look lineup as Prime Minister Anthony Albanese warns Labor MPs against focusing too heavily on themselves. Attorney-General Mark Dreyfus…
Asia shares firm on hopes for US trade deals
Shares in Asia firmed on Thursday after US President Donald Trump flagged a first trade deal in his global tariff war, while the dollar tried to hold overnight gains as…
Election brinkmanship. Defence Dept mute on East Coast AUKUS bases
The location of Australia’s nuclear submarine bases on the East Coast is so sensitive that the Defence Department withheld an FOI response until 24 hours after the polls closed. Rex…