Geopolitics

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.

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.

Microsoft, Alphabet, Meta, and Amazon are on track to spend $650 billion on AI infrastructure by the end of 2026. Investors are starting to ask where the return is.

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

The NSW Government's Smart Rental Bonds scheme lets tenants shift their bond to a new property instead of scraping together thousands for a second deposit. It's in testing now ahead of a mid-2026 launch.

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.

Jensen Huang doubles the forecast at GTC 2026 as hyperscalers scramble for Blackwell and Rubin GPUs.

Queensland's government has issued closure notices for Victoria Park, with early site preparations set to begin on June 1 ahead of the 63,000-seat Brisbane Olympic stadium.

A woman died when she fell 60 metres down a closed hiking trail in Queensland on Monday. Her companion fell 90 metres and remains in critical condition.