Australia
Banking
Home loan fees jump 17 per cent as banks collect $15 billion
Australian banks collected roughly $15 billion in fee revenue in the year to June 2025, a 3 per cent lift on the prior year, according to the Reserve Bank of Australia's latest annual survey of bank charges. On the big four's combined balance sheets, that number barely registers.
Australia
Japan to test hypersonic missiles on Australian soil under new deal
Japan has secured the right to test hypersonic missiles on Australian soil, with the Woomera Range Complex in South Australia confirmed as a primary site.
Finance
AUSTRAC uncovers coordinated mortgage fraud across 10 major banks
AUSTRAC says its Fintel Alliance has uncovered coordinated mortgage fraud across 10 major banks, with potentially hundreds of millions of dollars in suspected fraudulent loans, most of them on Sydney properties.
Sport
Sydney Swans ban five players for the season amid police investigation
Riley Bice, Nick Blakey, Isaac Heeney, James Jordon and Chad Warner will not be considered for selection for the remainder of the 2026 AFL season, including any finals series.
Australia
Australia to spend $3.2 billion stockpiling diesel and jet fuel by 2030
Australia holds roughly 37 days of diesel cover. The government has opened consultation on spending 3.2 billion dollars to stockpile a billion litres of diesel and jet fuel by 2030.
Finance
RBA bans card surcharges from October 2026
Every payment terminal in Australia must stop adding a surcharge to eftpos, Mastercard and Visa transactions from 1 October 2026, and the Reserve Bank expects most small merchants to be better off.
Australia
Pygmy blue whale washes up dead in the NT, a first for the Gulf of Carpentaria
Read the stranding records for the Gulf of Carpentaria and one thing stands out: pygmy blue whales do not belong there. The Gulf is shallow, warm and enclosed, sitting well inside waters the subspecies is almost never documented to enter.
Technology
Coles tests facial recognition as privacy law bites
Retail loss prevention has one persistent weak point: the door. Self-checkouts can be hardened, staff trained, body-worn cameras installed, and shrinkage still climbs.
Business
One in three Australian businesses are gone by year four
Open a business in Australia in 2021 and still be trading today, and you have already beaten the odds by more than most people realise.