Australia

Reserve Bank expects underlying inflation to reach 3.7% and headline 4.2% mid-year, with return to 2-3% target band not expected until mid-2028.

Category 4 storm exposes fragile energy security as Chevron, Woodside, Santos shut down operations.

The startup is in talks to raise $2.5 billion, underscoring the staggering capital requirements of building AI infrastructure at scale.

Australia's 2026 growth rate has been cut to 1.3%. Half of last year's figure, as oil supply disruptions test the resilience of the global economy.

Dealers report buyers walking in ready to purchase as petrol hits $2.50 a litre and diesel approaches $3. Even self-described car enthusiasts are making the switch.

A California jury awarded $6 million to a plaintiff who argued that Instagram and YouTube's design features caused mental health harm, opening social media companies to a new category of product liability claims.

Close to 1,000 ABC workers struck for 24 hours after rejecting a 10% pay offer that fails to match inflation. Unions want safeguards against AI replacing journalists.

The Treasurer says previously released Treasury scenarios are 'pretty conservative now' and has requested new modelling for a prolonged Middle East conflict.

Safe Work Australia recommended lowering exposure limits for nine dangerous chemicals back in 2019. Seven years later, the limits haven't moved, and doctors are sounding the alarm.

Australia's looming gas supply crunch has been delayed another year, with accelerating electrification and 30 GW of battery storage in the pipeline cutting deeper into gas consumption than expected.

The second rate rise of 2026 passed by a single vote, with the Governor pointing to sticky inflation and oil price shocks.