Australia recognises Palestine in ‘enduring peace’ push
Australia has officially recognised the state of Palestine, bucking long-standing foreign policy, as the prime minister prepares to walk a diplomatic tightrope. Australia, the UK and Canada’s recognition of Palestinian…
Murdochs could take part in TikTok deal, Trump says
US President Donald Trump says media mogul Lachlan Murdoch and business leaders Larry Ellison and Michael Dell will be involved as US investors in a proposed deal to keep TikTok…
Bank chief to be grilled with rate cuts up in the air
Australia’s central bank boss will be in the spotlight over the likelihood of future interest rate cuts as inflation continues to cool. Reserve Bank Governor Michele Bullock on Monday will…
Outage outrage: Optus leader’s future in question
Optus’s boss has staked his leadership on the embattled telco avoiding another triple-zero outage disaster. As the fallout continues from the provider’s catastrophic outage – linked to four deaths –…
France’s richest man slams proposed billionaire tax
Bernard Arnault, the boss of luxury goods group LVMH and France’s richest man, has attacked a proposed two per cent tax on billionaires as an assault on France’s economy and…
Optus boss answers calls to quit as outage fiasco grows
Optus was warned at least five times of a triple-zero call outage, as the telco giant’s boss shuts down questions about whether he will resign over the scandal. A botched…
Optus outage unlikely to have cost baby’s life: police
A failed emergency call during a widespread Optus outage is unlikely to have cost a baby boy his life, police say. A botched firewall update on Thursday blocked hundreds of…
Palestine statehood a ‘point of contention’ in US ties
Australia has been urged not to ignore threats of “punitive measures” from top Republicans, as the prime minister lands in the US for one of his most important diplomatic ventures.…
TikTok deal to be signed ‘in the coming days’
The White House says an agreement on video platform TikTok’s US business is expected to be signed in the coming days. White House spokeswoman Karoline Leavitt says details about TikTok’s…
Inflation fading but rate cut doubtful at least for now
Mortgage holders may soon get a better idea of when they can expect another interest rate cut as the Reserve Bank’s boss defends the timing of its moves. Governor Michele…