RBA governor’s frank message on the economy is the biggest shock | Nicki Hutley
Michele Bullock drops her usual caution to spell out the threat of higher prices and lower growth The Reserve Bank of Australia has delivered its third rise in official interest…
Fuel security plan touted as national cabinet meets
The prime minister will meet with state and territory leaders at a national cabinet meeting on the fuel crisis, as further supply measures for drivers are set to be unveiled.…
The expensive machinery of war. What’s the scam?
According to SIPRI, global military expenditure reached $2,718B in 2024, a 9.4% annual increase and the steepest year-on-year rise since at least 1988. What’s the scam? The scam is while…
Hantavirus-hit cruise ship to head to Spain
A luxury cruise ship that has been hit by an outbreak of the deadly hantavirus is preparing to travel from Cape Verde towards Europe after the Spanish government gave permission…
Trump pauses US effort to guide vessels out of Hormuz
Donald Trump has paused the US effort to guide stranded vessels out of the Strait of Hormuz to finalise an Iran deal, but the US blockade of the Iranian ports…
Islamic State-linked families to return to Australia
A cohort of Islamic State-linked families have confirmed plans to return to Australia, the home affairs minister says. In a statement, Tony Burke said the group, made up of four…
Games, chat groups targeted in terror crackdown
Spies will scour gaming platforms and social media for extremist content in a bid to clamp down on terrorist activity across Australia. The federal budget will include funding to set…
Off track: big rail project slashed after cost blowout
A major freight route designed to connect Australia’s east coast will be left half-finished after nearly tripling in cost over six years. The federal budget will include plans to pare…
Budget handout claims fuel fears of further rate pain
Treasurer Jim Chalmers must follow through on his promises of a disciplined budget or risk forcing the Reserve Bank to hike rates further, economists warn. After the RBA raised interest…
Consumers hang tough despite echoes of COVID headwinds
Australian consumers are showing resilience in the face of rising interest rates, fuel prices and other costs, according to credit agency data. Despite the headwinds, strong momentum in consumer activity…