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Lambie Demands Cap Scrapped as Veterans’ Health Funding Faces $5,000 Limit
Jacqui Lambie attacks federal government’s $5,000 allied health cap for veterans, warning it could cost lives. Policy takes effect July 2027. RSL Australia and advocacy groups oppose the measure.
800,000 Australians With POTS Face Diagnosis Crisis as Rural Patients Struggle
POTS affects 800,000 Australians, mostly women aged 15-50. Rural patients struggle to access diagnosis and treatment, with only 2% of GPs trained in the condition. One teenager waited months before diagnosis.
Ray Stone Retires From NRL at 29 After Persistent Injuries
Dolphins cult hero Ray Stone retires from NRL at 29 after persistent shoulder and other injuries force early exit from rugby league.
Russians Pull €24.4B From Banks in 7 Months as War Fears Mount
Russians withdrew €24.4 billion from banks in the first seven months of 2026, fearing the Kremlin will seize deposits to finance the Ukraine war. Five of Russia’s seven largest banks recorded net outflows.
KPMG Cuts 500 Staff, Spares Audit Team Amid Scandal Fallout
KPMG Australia axes 500 staff including 50 partners after audit scandal. Audit division spared despite being central to misconduct. Treasury considers breaking up Big Four.
Migros Bank’s Private Client Chief Markus Schawalder Steps Down August 19
Migros Bank’s private client head Markus Schawalder departs after five years leading the division. The bank begins search for successor as mortgage growth slows.
Anant Ambani Airlifts Teen With Rare Water Condition to Mumbai Hospital, August 19
Anant Ambani arranges medical airlift for Murshidabad teenager Iqbal, who spent months living in ponds due to rare condition. Boy now in Mumbai hospital for specialist care.
FTSE 100: Index Rises 0.06% as Rio Tinto, Anglo American Lead Mining Rally Despite UK Inflation Hitting 2.9%
The FTSE 100 edged 0.06% higher on Wednesday, August 19, 2026, as mining stocks helped support London shares despite fresh inflation concerns. Rio Tinto and Anglo American were among the stronger performers on the index. At the same time, UK inflation rose to 2.9% in July, up from 2.6% in June, with higher energy costs…
Japan’s Defense Minister Visits Australia and India for Missile Testing Talks, August 19
Japan’s Defense Minister Shinjiro Koizumi visits Australia and India to agree on SDF missile testing on Australian ranges and discuss Mogami-class frigate exports, strengthening Indo-Pacific defense ties.