Mortgage holders have been slapped with another 25 basis point rate rise from the Reserve Bank, with governor Michele Bullock hinting aggressive monetary policy tightening could spark a recession.
It should have been a moment for Australia's athletes on home soil but the 2026 Commonwealth Games has been reduced to cost blowouts and social media mockery.
Australian trade unions are calling for higher taxes on energy companies, but professional investors say the war has proven how reliant on fossil fuels the world still is.
LATIKA M BOURKE: Donald Trump has once again undermined NATO, conflating the defensive alliance with his expectation that Allies should write the US a blank cheque for its military ‘excursion’ in Iran.
The Home Affairs Minister has been criticised for plastering photos across social media of members of an Iranian soccer team who had sought asylum, several of whom later changed their minds.
Donald Trump has warned that his planned summit with Chinese President Xi Jinping could be delayed as the US concentrates on the growing conflict with Iran.