Trump and Powell bicker over cost of Fed building reno
President Donald Trump has publicly scorned Federal Reserve Chair Jerome Powell for the cost of an extensive building renovation as the two officials began a tour of the unfinished project.…
UK, Australia to ink new AUKUS deal amid US uncertainty
The UK will sign a new 50-year bilateral AUKUS treaty with Australia during ministerial talks in Sydney, as question marks continue over US involvement in the submarine project. Foreign Secretary…
Families paying premiums for school catchment zones
Families are paying up to $1.3 million more to live in top public school catchments in major cities, but those premiums don’t always deliver stronger long-term capital growth, data reveals.…
UK touted as important partner as US uncertainty grows
The United Kingdom has fast become one of Australia’s most important defence allies amid turmoil under the Trump administration, a security analyst says. Foreign Minister Penny Wong and Defence Minister…
Risk of higher US tariffs looms despite beef deal
Australia’s move to lift restrictions on US beef is unlikely to shift the dial on tariff negotiations, as the nation’s products face the possibility of even steeper duties. The Albanese…
‘Trade-offs’ on cards to get productivity back on track
Australians are being warned to prepare for trade-offs in areas such as housing if the nation’s productivity push is to be successful. Productivity Commission chair Danielle Wood is calling on…
Trump to check out Federal Reserve’s pricey renovations
President Donald Trump plans to step foot in the Federal Reserve as his allies scrutinise its expensive building renovations, a highly personal and confrontational escalation of his campaign to pressure…
Rejected 200+ times, Ghost Cities wins major book prize
Brisbane writer Siang Lu has won the Miles Franklin Literary Award for his comical novel Ghost Cities, after more than 200 publishers rejected the manuscript. And the 39-year-old author isn’t…
RBA not swayed by jobless spike as next rate call looms
Hopes of near-term relief for borrowers have taken a hit after the Reserve Bank’s governor said it wouldn’t have cut interest rates even with a surprise jump in unemployment. Michele…
Pacific nations applaud ‘lifeline’ climate ruling
Australia and other nations have an obligation to curb carbon emissions and to redress climate change damage in other countries, an international court has found. The non-binding advisory opinion by…