Australia
Economy
Fuel excise cut ends 2 August, adding 16c a litre at the bowser
The number every driver needs to know this week is 16. That is the cents per litre returning to the price of petrol and diesel at midnight on 2 August, when the Albanese government's second and final fuel excise relief measure expires without replacement.
Health
Navi raises $6.8m to bring neonatal catheter device to US
Central venous catheters are a cornerstone of neonatal intensive care. Clinicians thread these lines into the smallest patients imaginable every day, delivering fluids, nutrition and medication directly into the bloodstream.
Climate & Environment
MCi Carbon enlists Hatch to engineer first CO2 mineral plants
MCi Carbon has engaged global engineering firm Hatch to provide feasibility studies, engineering, plant development and project delivery planning for what the Newcastle company describes as its first commercial CO₂ mineralisation facilities.
Technology
Elders signs Octopusbot for AI crop forecasts after $1m raise
Australian grain farming has long run on two inputs: seasonal intuition and lagging data. Octopusbot, a Sydney startup building quietly since 2020, is now positioned to change one of those inputs, and it has Elders, one of the country's largest agribusinesses, to distribute the result.
Banking
NAB and Westpac cut rewards and raise rates from 1 October
The number that matters most to anyone carrying a balance: NAB is lifting the variable purchase rate on the Rewards Platinum, Rewards Signature and NAB Qantas Rewards Premium cards from 20.99% to 22.49% p.a., effective 1 October 2026.
Banking
Macquarie cuts variable home loan rate to 6.04%
Macquarie Bank moved its advertised variable home loan rates without waiting for the Reserve Bank of Australia to act.
Health
Silver gull tests positive for H5 bird flu, tally hits 53
Testing at CSIRO's Australian Centre for Disease Preparedness confirmed H5 bird flu in a silver gull found at Robe in South Australia on 1 August 2026, the first detection in that species in Australia. The result pushed the national tally of confirmed or presumed positive detections to 53.
Banking
ASIC sues audit firm over $446m First Guardian collapse
Audit reports were signed. Opinions were clean. And, on ASIC's account, the work behind those opinions either fell well short of professional standards or, in at least one year, left no trace in the files at all.
Australia
Yindjibarndi reject $150m Fortescue payout and appeal
The numbers from Roebourne tell the story cleanly. More than 100 Yindjibarndi people gathered and voted as one: reject the $150.3 million, instruct the lawyers, go back to court. The Federal Court's compensation order, handed down on 1 July 2026, did not survive a community meeting.