Musk testifies he didn’t read ‘fine print’ about OpenAI
Elon Musk has wrangled with Sam Altman’s lawyer over the timing of his decision to sue OpenAI and whether he knew about discussions to turn it into a for-profit company,…
Housing downturn in big two capitals gathers steam
Sydney home prices have tumbled by the largest amount in 18 months as the Iran war and Reserve Bank rate hikes amplified a downturn in the nation’s two biggest housing…
Hopes of wartime windfall shot down for federal budget
Australia will miss out on a budget windfall similar to the Russian invasion of Ukraine, with this year’s forecast to only be $3.6 billion better off than previously thought. Treasurer…
Alleged abductor arrested after girl’s body found
A recently released prisoner has been arrested after a search for an abducted girl ended in tragedy. The search for Jefferson Lewis, 47, had intensified following the discovery of a…
US economy grew two per cent between January and March
The United States economy accelerated at the start of 2026, expanding at a modest 2 per cent pace from January through March after recovering from last northern autumn’s 43-day federal…
S.Korea and Australia strengthen energy co-operation
South Korea and Australia have agreed to strengthen co-operation in the energy sector as the countries deal with fuel supply disruption from the Iran war. Both countries decided to “maintain…
UK rates kept on hold as bank weighs Iran war impact
The Bank of England has kept its main interest rate on hold at 3.75 per cent Thursday as policymakers assess the economic impact of the Iran war and Tehran’s effective…
Aussie shares slip as brent crude hits new wartime high
The Australian bourse has continued its losing streak into its eighth-straight day as oil prices rocketed and the realities of a prolonged energy shock hit home for Woolworths and other…
Woolies accused of ‘fanciful’ price drops by watchdog
Woolworths used short-term price hikes and subsequent discounts to hide higher prices and mislead Australian consumers, the Federal Court has been told. The Australian Competition and Consumer Commission’s joint case…
Legal action against troubled smelter dropped
The corporate regulator has dropped legal action that could have wound up Australia’s only manganese smelter. A buyer is being sought for the troubled Liberty Bell Bay in northern Tasmania,…