Shadow Treasurer Tim Wilson appears to have walked back comments signalling an openness to forming a Liberal-One Nation coalition. Follow live.
Australian shares dropped, with the ASX 200 down 1.4%, influenced by Middle East hostilities and a Wall Street tech sell-off. A nationwide Telstra outage disrupted services, impacting businesses and leading to a 2.8% fall in Telstra's share price. G8 Education faces a lawsuit for allegedly underpaying workers over $2 million.
Marc Polmans and Storm Hunter advance to the mixed doubles final at Wimbledon, while Thanasi Kokkinakis and Aleksandar Kovacevic reach the men's doubles semifinals. This success continues a trend of Australian doubles players performing well in Grand Slams.
Australian shares opened sharply lower, with the ASX 200 down 1.4% due to Middle East hostilities and a Wall Street tech sell-off. Telstra shares also fell following a nationwide outage affecting services and train networks. G8 Education faces a lawsuit for allegedly underpaying staff over $2 million.
Australian house prices fell 0.7% in the June quarter to $937,000, following a peak in March. Despite recent drops and bank predictions of further declines, a decade of significant price acceleration means affordability remains a major long-term challenge, with median prices still costing over 15 years of disposable income.
A major nationwide outage on Telstra's mobile network has disrupted services across Australia, affecting millions of users' ability to make calls and access the internet. Payment systems, public transport, and even traffic lights have been impacted, with concerns raised about Triple Zero emergency call accessibility.
Switzerland has secured a spot in the World Cup quarterfinals by defeating Colombia in a penalty shootout. The match was tense, with both teams exchanging penalties, but a crucial save and a missed penalty by Colombia sealed their fate.
