Japan economy contracts for first time in six quarters
Japan’s economy contracted an annualised 1.8 per cent in the July-September quarter, the first fall in six quarters, due to a hit to exports from US tariffs. Government data released…
Australia downplays joint climate event with Turkey
Australia has poured cold water on the idea it could jointly lead the world’s biggest climate conference with Turkey. Both countries have days to try to resolve the years-long stand…
It’s the endgame for Liberal moderates. Here’s what happens next
Mainstream reporting created the illusion that the Federal Liberal Party’s “Moderates” still mattered before the net-zero vote but Michael Pascoe says the faction was already deep in the endgame of…
Turkey proposes joint leadership with Aust for COP31
Turkey has proposed jointly leading next year’s UN climate summit with Australia, though the two sides have not yet reached an agreement and the discussions on the hosting standoff remain…
Coalition whipped for policy akin to ‘horse and buggy’
The coalition’s energy policy to keep coal plants open and sideline renewables has been likened to fighting against gravity and reverting to the horse and buggy. Liberal leader Sussan Ley…
Heiress Paris Hilton claims to be ‘self-made’
Paris Hilton has claimed she is “self-made”. The 44-year-old heiress – whose parents, Rick and Kathy Hilton, have a combined net worth of hundreds of millions of dollars – is…
Indo-Oz treaty. Pandering to Prabowo, ignoring unrest, West Papua
While Indonesians worry about President Prabowo’s undemocratic moves, the failures of his flagship ‘breakfast’ policy, and a faltering economy, Australia enters into another ‘treaty’ of little import. Duncan Graham reports.…
Coalition outlines climate plan after ditching net zero
Gas supply will be key to the coalition’s energy policy after the federal opposition walked away from a net-zero emissions target. Speaking after senior Liberals and Nationals met to endorse…
Wages data could force RBA to turn page on rates cut
Mortgage holders stressed by the prospect of another interest rate cut will need to hope Australians are not earning as much as predicted. The quarterly wage price index, out on…
Trump spending millions buying up big in bonds
US President Donald Trump has recently bought at least $US82 million ($A126 million) in corporate and municipal bonds, including new investments in sectors benefiting from his policies. According to the…