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Macquarie Bank Cuts Variable Rates to 6.04% as Mortgage Wars Heat Up
📅 in about 4 hours

Macquarie Bank Cuts Variable Rates to 6.04% as Mortgage Wars Heat Up

Macquarie Bank cuts variable rates to 6.04% for new customers. 28 lenders have cut rates since June as mortgage competition heats up and RBA decision looms on August 11.

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IAG Trims 2026 Capacity as Fuel Costs Bite; Shares Fall 1.6%
📅 in about 3 hours

IAG Trims 2026 Capacity as Fuel Costs Bite; Shares Fall 1.6%

IAG cuts 2026 capacity outlook to flat after 16% Q2 profit drop from fuel costs and Middle East conflict. Shares fall 1.6%. Fuel bill forecast eased to €8.3-8.6bn.

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Australia’s Housing Crisis Deepens: 26% Fear Homelessness Within 12 Months, August 02
📅 in 41 minutes

Australia’s Housing Crisis Deepens: 26% Fear Homelessness Within 12 Months, August 02

Australia’s housing crisis intensifies as 26% of Australians fear homelessness in the next year. Rents hit record highs, deposit savings take 11.2 years, and affordability stress drives homelessness.

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Albanese’s Melon Joke Risks Japan Ties as Diplomatic Fallout Looms
📅 13 hours ago

Albanese’s Melon Joke Risks Japan Ties as Diplomatic Fallout Looms

PM Anthony Albanese faces criticism after making sexual jokes about Japanese PM Sanae Takaichi’s Crown Melon gift on a podcast. Trade officials warn Japan may view Australia as a sovereign risk.

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HSBC Exits Australian Retail Banking After 40 Years; Sells $36B Loan Book to Blackstone
📅 17 hours ago

HSBC Exits Australian Retail Banking After 40 Years; Sells $36B Loan Book to Blackstone

HSBC exits Australian retail banking after 40 years, selling its $36 billion loan book to Blackstone. All 19 branches to close over 18 months. Pepper Money will service the loans.

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Netflix Mountaineer Nirmal Purja Missing After Broad Peak Avalanche Kills Four
📅 17 hours ago

Netflix Mountaineer Nirmal Purja Missing After Broad Peak Avalanche Kills Four

Nirmal Purja, the Netflix mountaineer who holds the record for fastest ascent of the world’s 14 highest peaks, is among six climbers missing after an avalanche on Broad Peak in Pakistan killed four on July 31, 2026.

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Tyson Stengle Departs Geelong After Mutual Agreement on July 31
📅 22 hours ago

Tyson Stengle Departs Geelong After Mutual Agreement on July 31

Geelong and Tyson Stengle reach mutual agreement to part ways on July 31, 2026. The 2022 All-Australian forward had three years left on his $700,000-per-season contract but struggled with personal issues.

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Aschenbrenner’s $24B AI Fund Implodes After Leverage Backfires on July 31
📅 1 day ago

Aschenbrenner’s $24B AI Fund Implodes After Leverage Backfires on July 31

Situational Awareness hedge fund, founded by ex-OpenAI researcher Leopold Aschenbrenner, liquidated its $16 billion public portfolio after leverage amplified losses on AI stock bets. Citadel acquired the assets in under 24 hours.

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Leopold Aschenbrenner’s $45B AI Fund Collapses 67% in July
📅 1 day ago

Leopold Aschenbrenner’s $45B AI Fund Collapses 67% in July

Leopold Aschenbrenner’s $45 billion AI hedge fund Situational Awareness crashed 67% in July after overleveraged bets on chip stocks backfired. Citadel bought the portfolio at a discount.

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