Politics

Shares in major tech companies have advanced on Wall Street in early trading. (AP PHOTO)
US Politics
Johann M Cherian and Purvi Agarwal

Wall Street reacts to Trump Treasury pick in big way

US stocks have opened higher as investors appeared to welcome president-elect Donald Trump's pick for Treasury secretary.

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Treasurer Jim Chalmers, who will deliver the Mid Year Economic and Fiscal Outlook (MYEFO) next month, agreed that the budget position will be weaker than forecast in May but still stronger than what Labor had inherited.
Politics
Jackson Hewett

Budget’s future looking ‘bleak’ with huge swing to deficit

Labor is set to deliver the largest swing from surplus to deficit in the nation’s history barring the pandemic, as softer growth, lower commodity prices and falling migration slug the Budget bottom line.

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President Joe Biden has greeted National Turkey Federation chair John Zimmerman and his son Grant at the White House
Politics

Biden issues last presidential pardon at White House service

US President Joe Biden has pardoned two turkeys in a ceremony at the White House.

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Donald Trump faces an unprecedented opportunity of pardoning himself from criminal charges when he returns to office in 2025.
Politics
Georgina Noack

President-elect Donald Trump has criminal case dropped

Prosecutors will drop a criminal case against President-elect Donald Trump just weeks after the convicted felon won the 2024 US election.

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Ari Krauss, a reservist in Israel’s elite Golani Brigade, at home this month in Tel Aviv. MUST CREDIT: Ofir Berman for The Washington Post
World
The Washington Post

War fatigue deepens in Israel as deaths mount, fights expand

THE WASHINGTON POST: The Hamas-led rampage across southern Israel, in which about 1,200 people were killed and some 250 taken hostage, thrust Israel into the longest conflict in its history.

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CAMERON MILNER: Seventy-six bills lay in a constipated line of un-passed legislation. Greens to the Left, Dutton to the right, Labor is stuck in the middle of mess entirely of their own making.
opinion
Opinion
Cameron Milner

‘GIMP’: Albo’s worst kept secret revealed

CAMERON MILNER: The worst-kept secret in Canberra is out, election day. The date is pencilled in what was, until now, a secret plan for the Government Initiated March Poll.

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Prime Minister Anthony Albanese said Parliament had a particular responsibility to young people and an opportunity now to act.
Politics
Bethany Hiatt & Katina Curtis

Fears social media ban being fast-tracked without scrutiny

Parents are none the wiser on how a proposed social media ban for children under 16 would be enforced after law makers grilled experts and policy writers.

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Manager of Opposition Business Paul Fletcher said it was shaping up as a ‘pretty chaotic’ week.
Politics
Katina Curtis

Wins, losses and barnacle clearing mark final sitting week

A packed legislative agenda coupled with old-fashioned barnacle clearing has sparked speculation federal politicians won’t be returning to Canberra before an election.

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Anthony Albanese and Michelle Rowland are keen to press on with the social media ban for teens. But it’s not just Elon Musk resisting it.
analysis
Australia
Nicola Smith

Amid the social media ban backlash: Does Musk have a point?

NICOLA SMITH: Tech tycoon Elon Musk isn’t the only one calling for the Albanese Government to put the brakes on the social media ban. And the calls are getting louder.

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Living with the Albanese Government is like living in a sci-fi movie.
opinion
Opinion
Christopher Dore

Albanese’s Australia rebrand is a national identity crisis

THE FRONT DORE: The Voice no one wanted. The misinformation Bill no one asked for. The environment laws with not a friend in the world. Albanese has united us, in our embarrassment.

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The Greens have capitulated on their demands and will pass Labor’s two stalled housing bills, bringing an end to a lengthy stand-off and setting up a major election battle. 
updated
Politics
Nicola Smith and Ellen Ransley

Downtrodden Greens to wave through Labor’s housing bills

The Greens have capitulated on their demands and will pass Labor’s two stalled housing bills, bringing an end to a lengthy stand-off and setting up a major election battle. 

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China's embassy announced visa-free travel for Australian citizens will be extended to 30 days (Mick Tsikas/AAP PHOTOS)
Politics
Tess Ikonomou

'Just in time': tourism industry lauds China visa shift

Australians will soon be able to enjoy a visa-free stay in China for up to 30 days, under a relaxation of rules for select countries.

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Minister for Communications Michelle Rowland and Prime Minister Anthony Albanese.
updated
Australia
Katina Curtis

MPs fear rush on kids social media ban will see it fail

A handful of Coalition MPs are expected to air concerns to colleagues about the rushed ban on children using social media but the laws will pass in one of the few bipartisan deals tipped for this week.

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Elena Lasconi is optimistic about making the runoff fpr president.
World
Luiza Ilie

Leftist PM and pro-Russian foe tied in Romanian election

The shock emergence of Calin Georgescu in the presidential elections’ first round could have major ramifications for the nation’s pro-Ukraine stance.

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With deficits soaring, their Trump, Starmer and Macron's finance ministers will have to be smart.
Politics
The Economist

How Trump, Starmer and Macron can avoid a debt crunch

With deficits soaring, their finance ministers will have to be smart

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