YOUR MONEY: There’s a double-edged sword coming for part-pensioners. Centrelink payments will rise next week, but so will deeming rates. That could wipe out the latest rise, and a chunk of their pension, too.
WATCH: Dramatic scenes have unfolded on the Gold Coast as protesters surrounded a bus carrying Iran’s women’s football team after their Asian Cup exit.
Australia is considering a request for military assistance from Persian Gulf nations, as one senior Albanese government figure has privately forecast the future of the war.
As oil shipments stagnate while shipping lanes are closed in the Middle East, petrol prices are surging, raising the possibility of a hike in inflation.
Israel has warned Lebanon it needs to rein in Iran-backed Hezbollah as it pounded the group’s strongholds with air strikes and mounted a deadly airborne raid.
The US State Department is declaring an emergency with the war in Iran to bypass congressional approval and sell more than 20,000 bombs to Israel, valued at nearly $US660 million.