Airport city to take off with major budget boost
A major “airport city” development that’s been plagued by delays will get a near-billion-dollar funding injection in a bid to help the project take off. The aerotropolis precinct near the…
Transparency boost: Reserve Bank homes in on key change
How Reserve Bank board members vote on interest rate decisions is set to become public knowledge, with the bank and the federal government positively disposed to implementing the transparency-boosting reform.…
Trump tariff talk to dominate PM’s Canadian sit-down
Tariffs will be top of mind for the prime minister and his Canadian counterpart as the two meet ahead of Anthony Albanese’s highly anticipated talks with Donald Trump. Mr Albanese…
Vietnam-US trade talks advance but issues ‘unresolved’
Vietnam and the United States have made progress during a third round of trade negotiations last week but critical issues remain unresolved, requiring further analysis and continued dialogue, Vietnam’s trade…
Germany urges G7 to show unity in Israel-Iran conflict
German Chancellor Friedrich Merz says he hopes an upcoming meeting of G7 countries in Canada will show unity and could reach agreement on four key points to help resolve the…
Global doom and gloom sinks Aussie economic optimism
Tariffs and global conflict have knocked Australians’ optimism in the economy and trust in the US to 20-year lows, a long-running poll by an independent think tank shows. Since it…
Demos decry ‘overtourism’ in Spain, Portugal and Italy
Thousands of people have taken to the streets of cities in southern Europe to demonstrate against overtourism, firing water pistols at shop windows and setting off smoke in Barcelona, where…
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Australia backs Israel ‘right to self defence’ in Iran
Australia has backed Israel’s right to self-defence after strikes on Iranian nuclear operations and military leaders that have sparked a barrage of retaliatory fire. Iran and Israel have targeted each…
Spotlight on unemployment as jobs market loses heat
Signs the labour market is easing will alleviate Reserve Bank concerns about inflation with Australia’s jobless rate tipped to remain at historic lows. Economists predict labour force figures for May…