Major Australian banks' economists predict the Reserve Bank of Australia will maintain interest rates at 4.35% on Tuesday. Key factors influencing the decision include Middle East ceasefire impacts on fuel prices, persistent inflation, and the upcoming fuel excise restoration.
Tasmanian parliament returns next week with potential for a censure motion or referral to the privileges committee over Madeleine Ogilvie's legal fees and statements. Premier Rockliff's apology has not appeased the crossbench, leaving the issue unresolved.
Reform UK deputy leader Richard Tice has called for increased penalties for littering and fly-tipping, including raising fixed penalty notices to £5,000 and mandatory fines for commercial offenses. The party also proposed a national action day and stricter regulations for fast food outlets.
Australia's housing market, described as a 'hostage' situation, faces potential stagnation or decline due to government tax changes aimed at improving affordability. The 30-year 'super cycle' of price growth may be ending, impacting investors, banks, and state governments, while potentially benefiting first-time buyers.
Australia's housing market is described as a 'hostage situation' due to soaring prices and declining homeownership. The government's proposed tax changes aim to curb investor advantages, potentially leading to price falls and impacting banks, real estate agents, and state governments, while benefiting prospective owner-occupiers.
Oil markets are nearing a critical "non-linear adjustment" due to the closure of the Strait of Hormuz, depleting stocks at a record rate. Potential price surges to $130-$140 per barrel could cause severe "demand destruction" and broader economic disruption beyond oil.
SpaceX's Starship rocket exploded in the Indian Ocean after a successful 66-minute test flight on Friday. Despite the fiery end, the company deemed the mission a success, as the spacecraft was not intended for recovery. The flight tested new hardware and deployed dummy Starlink satellites.
As digital payments rise in Australia, cafes and restaurants grapple with integrated tipping prompts. While some owners embrace it, many express concern over customer pressure and maintain traditional cash tipping or direct staff tips, citing appropriate wages and cost-of-living concerns.
Global markets face a potential tipping point as rising bond yields pressure equity trading, with U.S. Treasury yields hitting multi-decade highs. Geopolitical news includes an invitation for Xi Jinping to visit Russia and a U.S. Senate resolution to halt military action in Iran. Nvidia's earnings are highly anticipated.
Several tendencies visible amid growing opposition to the prime minister from within parliamentary Labour partyUK politics live – latest updatesFor months, MPs expected the results of the May local elections across the UK to be a tipping point in Keir Starmer’s premiership. But in the aftermath of the results, and as the number of Labour MPs publicly calling for Starmer to leave has gone past 80, it has become clear that his opponents are serving a variety of agendas. Here are some of the key tendencies visible in the growing opposition to Starmer. Continue reading...
The OpenAI Development Company is a partnership with 19 investment and consultancy firms and is majority-owned and controlled by the startup.
The economics of streaming are nearing the point where cheaper plans with ads make as much if not more money for services like Netflix.
Teams made final roster cuts ahead of the 2026 season tipping off Friday.
Bitwise investment chief Matt Hougan says projections tipping stablecoins to hit $4 trillion in value by 2030 could happen if major tech firms continue to adopt them.
Bitwise investment chief Matt Hougan says projections tipping stablecoins to hit $4 trillion in value by 2030 could happen if major tech firms continue to adopt them.
Experts suggest leveraging the popularity of sports to raise public awareness about the climate and nature emergency, highlighting how environmental issues directly impact athletic activities and food security.
Anger over the data center boom has spilled into politics with voters unseating local politicians who support them. It's become an issue hard to ignore in the midterm elections.
More people are reporting their employers for underpaying staff, data shared exclusively with Money has shown.
China's internet regulator has implemented new rules for live stream tipping, prohibiting children under eight from tipping and establishing a tiered consent system for minors aged 8-16 and those over 16, aiming to prevent manipulative inducements and irrational spending.
