Surprise rate hold another blow for consumer confidence
Fresh data shows soft consumer spending is taking longer than expected to recover and won’t be helped by the Reserve Bank’s surprise decision not to cut interest rates. Household spending…
Trump sends US tariff letters to seven more countries
US President Donald Trump has sent letters to seven more countries that detail steep new tariff rates as of August 1. Trump posted the two-page letters – addressed to the…
Affordability ‘tipping point’ nudges renters into units
Renters have been pressed against affordability limits for some time and with no more to give, market rents for capital city houses have held unchanged for a year. The stabilisation…
Yaccarino resigns after two years as CEO of X
X CEO Linda Yaccarino says she is stepping down after two years running Elon Musk’s social media platform. Yaccarino posted a positive message on Wednesday about her tenure at the…
China economy to top almost $30 trillion, planner says
The size of China’s economy will exceed 140 trillion yuan ($A29.9 trillion) in 2025, the head of the state planner says as policymakers look to steer the country beyond the…
Slow rate of cuts puts squeeze on business, households
A wait of at least five weeks until further interest rate relief is expected to keep the pressure on retailers and other consumer-facing businesses keen for spending to pick up.…
Full scope of mushroom trial media circus revealed
The full scope of the circus surrounding the mushroom murder trial has been revealed as the biggest media matter the Supreme Court has managed in recent history. As the Victorian…
Jeffrey Epstein que? WA Inc is baaack. What’s the scam?
Is WA Inc back? The WA Govt has ignored a corruption report while rolling a local council which opposed property developers exploiting nature reserves. What’s the scam with the big…
Direct route for scammers as Qantas hack scale revealed
Scammers could have a direct route to devising targeted scams for millions of Qantas customers in coming months as the airline reveals exactly what personal data was exposed in a…
Trump threatens Aussie medicines with bitter tax pill
Donald Trump’s proposal to impose triple-digit tariffs on one of Australia’s biggest US exports has raised alarms, but many question whether he will ever follow through. The US president has…