Australian economy can slow until tax cuts
Australia's economy is anticipated to experience a slowdown until mid-2024, according to the chief economist of the Commonwealth Bank. The CommBank Household Spending Insights...
UK economy fell into recession
The UK economy slipped into a recession at the close of the previous year, with households tightening their belts amid a cost-of-living crisis, delivering...
Australia-Tuvalu deal on climate, security at risk
A senior Australian intelligence official has acknowledged the potential jeopardy of a significant climate and security agreement with Tuvalu following the recent election in...
Australia: 6 banks face network outages; services hit
On Thursday, several Australian banks, including Ubank, Bank Australia, Defence Bank, Beyond Bank, People’s Choice, and P&N Bank, encountered technical issues leading to outages,...
Defence spending increases by 9% globally
Global defence spending experienced a 9% increase, reaching a record $2.2 trillion in 2023. This surge was primarily attributed to heightened geopolitical tensions fueled...
Here’s what Indonesia election means to Australia
Indonesia is set to choose a new president on February 14, marking a significant day of voting and celebrations in the world's third-largest democracy....
Over 135,000 Victorians still without power
In addition to the loss of life, the widespread impact includes almost 135,000 customers without power across the state, with significant outages in eastern...
Climate change: Ice-free Arctic is threat to polar bears
The changing climate and prolonged periods without Arctic Sea ice pose a severe threat to polar bears in Canada's Hudson Bay, leading to potential...
China: Xi Jinping continues anti-corruption crackdown
The current phase of Xi Jinping's anti-corruption campaign in China, targeting high-level banking and the elite nuclear rocket force, is expected to continue indefinitely....