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WA TAB AUSTRAC Review: Money Laundering Fix Nears $11m
AUSTRAC’s two-year compliance assessment of Racing and Wagering WA has already pushed the TAB’s wagering costs up about $10.9 million in a year, mostly for anti-money laundering work. Here is what we know, how it compares with Perth Mint, Crown, Star, Tabcorp and Entain, and what it means for taxpayers and investors.
Rafale India Deal: Vikrant Landing Lifts 114-Jet Hopes
A Rafale Marine landed on INS Vikrant for the first time as the 114-jet Rafale India deal nears. Here is what it means for Dassault Aviation and investors.
Sustainable Aviation Fuel: SIA to Buy Waste-Gas Jet Fuel Made in Singapore
Sustainable aviation fuel made from waste gases is coming to Singapore. SIA will buy up to 4,800 tonnes from Aether’s Project Beacon from 2028. Here is what it means for flyers and investors.
Mortgage Interest Rates Today Hold Near 7.3%
Mortgage interest rates today hover near 7.3% after peaking. Freddie Mac, Treasury yields, and what buyers should watch.
Geisterfahrer Gotthard: A2 Wrong-Way Crash Explained
A geisterfahrer caused a major emergency on Switzerland’s A2 motorway on Thursday evening. A 58-year-old driver from the canton of Zurich drove about 10 km the wrong way near the Gotthard road tunnel in Ticino before crashing head-on into a police car. Two police officers were seriously injured and the driver was moderately hurt. The…
Australia’s Debt Surge: Why Households Are Feeling the Squeeze at 4.6%
Australian household debt is trending for an uncomfortable reason: borrowers are now carrying the heaviest debt-servicing load since the late 1980s, even though official interest rates are less than a third of what they were back then. The Reserve Bank of Australia (RBA) has lifted the official cash rate to 4.60 per cent — its…
China’s Q3 GDP Growth Accelerates to 4.5% as Export Boom Offsets Property Slump
China GDP growth quickened in the third quarter of 2026, accelerating to 4.5% year over year as a record-breaking export surge more than offset a deepening property slump and sluggish domestic consumption. The print beat the 4.4% pace economists had pencilled in and marked a clear rebound from the 4.3% reading in the second quarter…
Germany Blocks Cosco’s 80% Zippel Takeover Over Supply Chain Security
Germany blocks Cosco’s acquisition of Zippel logistics firm over security risks to German and EU supply chains. Cabinet cites deepened dependencies and vulnerability to Chinese pressure.
Suboo Fashion Label Collapses into Liquidation with $655k Debt
Suboo, the Australian fashion label worn by Gigi Hadid and Kendall Jenner, has collapsed into liquidation with $655,000 in debts after 14 years in business.