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Editor

Editor

The Bushletter editorial team. Independent business journalism covering markets, technology, policy, and culture.

Articles by Editor

Technology

OpenAI boss admits he was wrong about how fast AI would take jobs

When GPT-4 launched in 2023, Sam Altman expected a rapid, visible restructuring of white-collar work. Businesses would retool, roles would vanish, whole sectors would be remade faster than regulators or HR departments could track.
6 min read an hour ago
OpenAI boss admits he was wrong about how fast AI would take jobs
Geopolitics

EU approves €6.1bn for Ukraine air and missile defence

The European Commission has approved €6.1 billion in new defence procurement for Ukraine, signed off on 24 August 2026, Ukraine's Independence Day. The money goes directly toward air and missile defence systems, missiles, ammunition and radars.
5 min read 2 hours ago
EU approves €6.1bn for Ukraine air and missile defence
Geopolitics

US, Japan and South Korea demand North Korea stop missiles

Pyongyang has long understood how to weaponise diplomatic silence. On 20 August 2026, North Korea broke that silence in a rather more literal fashion: a barrage of short-range ballistic missiles was fired from the Pyongyang area into the East Sea, roughly ten projectiles timed to land in the middle
2 min read 3 hours ago
US, Japan and South Korea demand North Korea stop missiles
Geopolitics

Zelensky denies Ukraine blew up Nord Stream pipelines

Volodymyr Zelensky chose his venue carefully. Speaking at a summit of Nordic and Baltic leaders gathered in Kyiv on 23 August 2026 to coordinate security and energy policy, Zelensky delivered his most direct public rebuttal yet of allegations that Ukraine orchestrated the destruction of the Nord
2 min read 4 hours ago
Zelensky denies Ukraine blew up Nord Stream pipelines
Geopolitics

US Treasury chief declares economic war on Iran with record sanctions

There is a particular audacity in reaching for a military metaphor to describe a spreadsheet. US Treasury Secretary Scott Bessent chose exactly that when he wrote for the Financial Times.
7 min read 5 hours ago
US Treasury chief declares economic war on Iran with record sanctions
Finance

Shein prices Hong Kong float at a quarter of its 2022 valuation

The number that defines this IPO is not the raise. It is the gap. Shein Global Holdings Limited is pricing its Hong Kong float at up to US$27 billion, a ceiling that sits at less than 28 per cent of the US$98.2 billion valuation it secured in its 2022 private funding round. That is not a haircut.
7 min read 6 hours ago
Shein prices Hong Kong float at a quarter of its 2022 valuation
Property

NAB models rent rises of up to 30 per cent under Labor's tax changes

Three sets of numbers are now circulating about what Labor's housing tax reforms will do to rents. They disagree by an order of magnitude, and the gap tells you almost everything about what each forecaster is assuming. The assumptions buried inside each figure are doing most of the work.
7 min read 7 hours ago
NAB models rent rises of up to 30 per cent under Labor's tax changes
Property

Darwin rents jump 10 per cent as rental affordability hits a record low

Darwin recorded the strongest annual rental growth of any Australian capital city at 10.4 per cent in July 2026, putting the median there at $725 a week. Perth followed at 8.1 per cent and Hobart at 8.0 per cent, both well ahead of the national pace.
7 min read 8 hours ago
Darwin rents jump 10 per cent as rental affordability hits a record low
Finance

Gold nears $4,600 after its biggest weekly surge since 1986

Gold closed Friday above 4,600 US dollars an ounce, its highest reading since mid-May and the end point of a week most traders will not see repeated in their working lives.
2 min read 9 hours ago
Gold nears $4,600 after its biggest weekly surge since 1986
Health

Bird flu kills a fur seal in first Australian mainland mammal death

Australia's H5 bird flu outbreak has been climbing for months, logged mostly as mortalities in seabirds and shorebirds. On 23 August 2026, the category changed.
6 min read 20 hours ago
Bird flu kills a fur seal in first Australian mainland mammal death
Geopolitics

US hits Canada with 50 per cent tariffs and Carney vows to match them

The mechanism matters before the politics do. President Trump used his authority under Section 338 of the Tariff Act of 1930 to impose 50 per cent ad valorem duties on nearly $20 billion of Canadian imports.
7 min read 21 hours ago
US hits Canada with 50 per cent tariffs and Carney vows to match them
Technology

Chinese robot runs 100 metres faster than Usain Bolt's world record

The number that matters is 9.32. That is how long it took Honor's two-legged robot Lightning to cover 100 metres at the World Humanoid Robot Games in Beijing, reaching a peak speed of 14.5 metres per second across a preparatory trial run.
3 min read 21 hours ago
Chinese robot runs 100 metres faster than Usain Bolt's world record
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