Former finance minister to lead banking industry
A former Liberal finance minister will represent the country’s banks after being appointed chief executive office of the Australian Banking Association. After almost two decades in politics, Simon Birmingham announced…
Oil set to rise again amid Israel-Iran conflict
Oil prices were on track to rise for the third straight week, with investors on edge as the week-old war between Israel and Iran showed no signs of either side…
Iranians in Australia feel powerless as conflict rages
Rozita Hassaniserkani is worried her father in Iran will forget her before she can see him again. It was several days after Israel’s initial strikes on Iran before she could…
Australia’s Iran embassy staff leave after US warning
Australia has closed its embassy in Tehran, as Iran and Israel continue to bomb each other and after President Donald Trump signalled the US could enter the conflict. All foreign…
Trump extends deadline for US TikTok sale to September
US President Donald Trump has extended to September 17 a deadline for China-based ByteDance to divest the US assets of short-video app TikTok despite a law that mandated a sale…
Budget billions helps cashed-up state lead debt battle
The nation’s wealthiest state is on track to remain an outlier on debt compared to other jurisdictions as it unveils another massive surplus. Western Australian Treasurer Rita Saffioti’s second state…
Australians flee Israel borders as evacuations ramp up
Australians are making the perilous journey to flee across Israel’s borders as a conflict with Iran continues to escalate. Less than a week after arriving in Tel Aviv to visit…
UK rates on hold due to ‘highly unpredictable’ world
The Bank of England is warning about the “highly unpredictable” geopolitical environment as it keeps its main interest rate unchanged at a two-year low of 4.25 per cent. With concerns…
International students take notice as uni ranks tumble
Australian universities have taken a reputational hit globally but prospective students shouldn’t think they won’t receive a top-tier education. Higher education experts delivered that verdict after a number of unis…
Stocks tumble, safe havens gain as Mideast war flares
Global stocks have fallen and the dollar has risen as investors, concerned over the United States’ possible entry into the Israel-Iran air war, seek safe-haven assets and ditch riskier ones.…