The US President has shattered norms by pledging to ‘be involved’ in the regulatory fate of a transaction that could reshape the news and entertainment industries.
A legal team for Charif Kazal made the bold call after the Albanese Government refused to apologise and compensate the Sydney businessman over a corruption finding brushed by prosecutors.
Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war for the legacy assets, the company said Monday.
A brutal forecast has spelled out more financial pain for the country, with a decade-long wait for Aussie workers’ wages to return to their pre-Covid value.
Families with mortgage relief on their Christmas wish-list will almost certainly be left disappointed on Tuesday with Reserve Bank boss Michele Bullock to signal whether a dreaded hike looms in the new year.
Australians will lose electricity subsidies at the end of the year, an Albanese Government decision that leaves consumers even more exposed to an inflation outbreak.
DIMITRI BURSHTEIN: A rate hike would not please borrowers ahead of Christmas, but an inflation surge would be far worse, hurting all Australians — especially low-income households.
AARON PATRICK: Even though the Treasurer has decided to end electricity rebates, he is overseeing a widening budget deficit that is putting upward pressure on interest rates.