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Harvey Norman Copped $35M Fine Over Misleading Ads on July 29
Harvey Norman ordered to pay $35 million penalty after Federal Court found its 60-month interest-free ads masked mandatory credit card fees. Latitude Financial pays $20 million. Combined $55 million is ASIC’s record for misleading financial product marketing.
Ben Carroll Becomes Victorian Premier After Jacinta Allan’s Resignation on July 28
Ben Carroll sworn in as Victorian premier after Jacinta Allan resigns. Carroll announces royal commission into construction sector corruption and new special prosecutor role.
Trump Defends Auto Tariffs in Michigan as 50% Canada Hike Looms in August
Trump defends auto tariffs at GM plant in Michigan as US plans 50% tariff hike on Canadian goods in August. Current 25% levy on Canadian-assembled vehicles set to double.
US Walks Out on France at UN Security Council Over Human Rights Vote July 28
US diplomats walked out of a UN Security Council meeting on Monday after France compared America’s human rights voting record to North Korea and Russia. The row stems from US opposition to extending UN rights chief Volker Turk’s term.
10Y Treasury ~4.62% as Oil Slides; Yield Curve Holds Positive Slope (30Y ~5.11%)
The 10-year Treasury yield eased to roughly 4.62% on July 28, 2026, pulling back from last week’s highs. Brent crude fell to $86.58 a barrel, down 1.54% on the day, as hopes grew for renewed US-Iran talks. The 30-year Treasury yield slipped to 5.111%, while the 2-year fell to 4.301%. Despite the pullback, the Treasury…
Barclays (LSE: BARC) H1 Profit Jumps 17% to £6.1B as Investment Banking Revenue Surges
Barclays posted pre-tax profit of £6.1 billion for the first half of 2026. That marks a 17% jump from £5.2 billion a year earlier. The result beat analyst forecasts of £5.9 billion comfortably. Investment banking income climbed 11% to £8 billion, driven by stronger trading and deal activity. Barclays Delivers Stronger-Than-Expected H1 Results Barclays (NYSE:…
CPSC Demands Hospital ER Records Without Legal Notice, Privacy Experts Warn
CPSC demands hospitals share all ER records including names and diagnoses with private contractor Konza Health by end of 2026, bypassing required public comment period and alarming health systems over privacy and legal authority.
Nicholas Shizas: Ex-Public Servant Charged Over Alleged $1.3 Million GST Fraud Scheme
Australian authorities have charged a former Commonwealth public servant over an alleged scheme to fraudulently claim more than $1.3 million in GST refunds. The case is part of Australia’s continuing crackdown on tax fraud. The charges, announced in July 2026, follow an investigation by the Australian Taxation Office (ATO) and the Australian Federal Police (AFP)….
Kohberger Seeks to Withdraw Guilty Plea in Idaho Student Murder Case
Bryan Kohberger files petition to withdraw guilty plea in University of Idaho murders, claiming ineffective counsel and false promises. He is serving four consecutive life sentences.