The United States has crossed a financial milestone once considered almost unimaginable, with the nation’s gross national debt surpassing US$40 trillion for the first time. Treasury Department figures showed total public debt outstanding reached approximately […]
It’s almost as if the new AUKUS catchphrase should be “The Australian government: Keeping our head below water.” There was barely a whimper when the UK’s new defence secretary landed on our shores, while UK […]
Australia’s food delivery industry has entered a new era after the Fair Work Commission approved minimum pay and workplace protections for thousands of gig economy workers. It is a landmark ruling against multinationals who run […]
The Albanese federal and Minns NSW state governments’ bailout of Rio Tinto’s Tomago aluminium smelter is the fifth large corporate rescue in two years. Yet again corporate welfare wins the day as profits are privatised […]
Abdul Rizvi writes Australia’s migration debate needs clear targets, credible delivery plans and honest discussion of the consequences, not caps that cannot work or promises that ignore visa backlogs. Abdul Rizvi (Pearls and Irritations) The […]
Hong Wang’s Fields Medal win turns mathematics into a cultural phenomenon in China with social media platforms and netizens clamouring to elevate her to celebrity heights as a Key Opinion Leader. Hong Wang’s historic Fields […]
The Reserve Bank of Australia has left interest rates unchanged at 4.35 per cent, opting to pause its tightening cycle for a second consecutive meeting while warning that another increase could still be required if […]
The collapse of the Shield Master Fund has become a defining case study in the risks surrounding Australia’s managed investment and superannuation sectors. At the centre of the affair is Melbourne property developer Paul Chiodo, […]
Whether prices are rising or falling, you can rely on the headlines to scream housing crisis. Michael Pascoe argues opportunity is knocking if there were a government with vision and ticker prepared to listen to the Mirvac […]
Asian and Australian financial markets ended the week with investors broadly more confident about equities, although the rally was accompanied by renewed concerns over currencies, energy prices and the outlook for monetary policy. The standout […]
Australia’s economic history shows that major shocks often come from overseas, but better policy settings over the past three decades have helped keep unemployment, inflation and debt under greater control. By Ross Gittens (Pearls and […]
The NSW ICAC has uncovered a web of conflicting interests at the University of Wollongong, involving its executives and consultants KordaMentha. James Guthrie and Adam Lucas report. James Guthrie and Adam Lucas (Michael West Media) In mid-2026, the NSW […]
The collapse of Capital Guard has become one of Australia’s most significant financial services failures of 2026, leaving some 80 investors, who’ve lost a combined total of $17.4 million, unlikely to ever see their money […]
China’s economy has proved resilient in the face of multiple shocks, boosted by robust exports and fiscal stimulus, and it remains a major driver of global growth. (IMF Blog) China’s economy expanded by 5 percent […]
Australian and Asian markets end July on volatile note as investors weigh earnings, rates and geopolitical risks. While Australia’s central bank governor warns that inflation risks will continue to weigh on interest rate policy. Financial […]
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