Breaking news, politics, business, economy, and current events from Australia.
Runaway demand for turbines from data centres in the US is making new gas-fired power uncompetitive with batteries in the evening peak for the first time, a report has found. Australia’s top science agency, the CSIRO, said batteries were helping to lower high evening prices for electricity as the costs of the technology fell and…
On Paris Enten’s first day at Monash University, a student approached her to ask if she knew much about socialism. The arts/law student enthusiastically told the socialist group member she was familiar with the concept because, as a Jew, she had spent time on a Kibbutz in Israel, a type of farming commune. The student…
While the world has been watching China’s rise, Japan has been in the midst of its biggest defence shift since World War II. The move is seen as a shift away from the nation’s pacifist constitution, but during a speech on the newly built warship JS Nagara, Yoshida Shinji, the parliamentary secretary to Japan’s defence…
If One Nation forms government what would Australia’s economy look like? Pauline Hanson’s speech at the National Press Club on June 17 detailed large parts of her economic vision. In recent days, One Nation’s treasury spokesman Barnaby Joyce has talked about the Reserve Bank and how he thinks it should behave. And Hanson has said…
For Uber driver Turab Ali, last Wednesday’s Telstra outage was more than a disruption — it wiped out up to $400 in expected earnings. Mr Ali began driving full-time about a month ago after graduating from university and struggling to find work in IT. He said he worked 12-hour shifts, six days a week and…
American entrepreneur and Life360’s co-founder Chris Hulls is Australia’s highest-paid executive, collecting almost $48 million in the 2025 financial year, which is almost 500 times the full-time average wage. Mr Hulls, who lives in the United States, is now Life360’s executive chairman, having led the company for almost two decades and helping it achieve record…
In an art studio in Newcastle, New South Wales, Halo is hand-making beads out of clay. It might seem like a simple task, but it would have been impossible for the 23-year-old just four years ago due to mental illness. “Dad wasn’t allowed to leave my side,” Halo said. “When I first came here, I…
(Getty Images) France will not willingly surrender possession to Spain, coach Didier Deschamps said, with Aurelien Tchouameni available again as the teams prepare for a potentially decisive battle in midfield. Spain have built their run to the last four around their ability to dominate the ball, press opponents deep into their own half and control…
US President Donald Trump has reneged on his plan to charge a 20 per cent fee on shipping in the Strait of Hormuz, a day after saying he would introduce it. After weeks of insisting the strait must be toll-free, Mr Trump said on Monday, local time, he would impose charges “at the rate of…
American investor Warren Buffett has stopped donating money to the Gates Foundation, following revelations about interactions between the Microsoft co-founder and convicted sex offender Jeffrey Epstein. Mr Buffett said he will instead donate about $US6 billion ($8.6 billion) of Berkshire Hathaway stock in his annual mid-year donation to four family foundations overseen by his daughter…