Plea for spending cuts as banks tip interest rate hikes
Economists have urged Treasurer Jim Chalmers to show greater spending restraint to take some heat out of the economy and spare Australians from more interest rate hikes. With the economy…
Business chief urges action on racism, anti-Semitism
One of the Australia’s corporate titans has decried the outbreaks of racism, anti-Semitism and violence eroding the nation’s multicultural harmony. Retiring Orica chairman Malcolm Broomhead offered his thoughts to investors…
US suspends technology deal with Britain: report
The United States has suspended a technology deal it struck with Britain earlier this year, which was intended to boost ties in artificial intelligence, quantum computing and civil nuclear energy,…
Return to surplus pushed out again in New Zealand
New Zealand is on track to record its worst deficit this decade, and go the whole 2020s without posting a budget in the black. A fresh fiscal outlook from the…
Meal kit services sued over alleged subscription traps
More than 100,000 customers of a popular meal-kit delivery provider were allegedly misled and caught in so-called “subscription traps”. The Australian Competition & Consumer Commission has taken HelloFresh and Youfoodz,…
Elon Musk tops $US600 billion in Forbes estimate
Elon Musk has become the first person to reach an estimated net worth of more than $US600 billion ($A902 billion), according to Forbes magazine. The increase was driven by the…
U-turn: Ford takes $US19.5b hit, retreats from EVs
Ford will take a $US19.5 billion ($A29.3 billion) writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry’s retreat from battery-powered models in…
Aussies skipping dental, medical care to afford rent
Squeezed by rising energy and housing costs, many Australians are are skipping meals, medical care and heating to keep a roof over their heads. A survey by campaign group Everybody’s…
Heartbroken Bondi mourners light path out of darkness
Fresh details are emerging about the gunmen responsible for a horror mass shooting at Bondi Beach as Australia’s Jewish community mourns the dead. Hanukkah events and vigils were held in…
Taking Advantage of A national Tragedy | The West Report
Who to blame for the Bondi Beach mass-shooting? Not Muslims, not Arabs, not peace protestors marching on the Sydney Harbour Bridge. It was the men who fired the bullets. In…