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US Budget Deficit Hits $2 Trillion in 2026
The US budget deficit widened sharply in the fiscal year ended in September 2026, rising 12% to $1,992 billion — nearly $2 trillion — as refunded tariff revenue and surging interest payments on the national debt overwhelmed record federal revenues. The figures, published by the US Treasury on October 16, leave the deficit at about…
Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
Cummins Backs Khawaja’s Sandpaper Book as Memoir Looms October 9
Pat Cummins says he has no concerns about Usman Khawaja’s autobiography addressing the 2018 Sandpapergate scandal. Khawaja’s book Sabr releases in early November after Australia’s South Africa Test tour.
NSW Police Chief Loses Bid to Keep Protest Inquiry Private; October 19 Hearings Confirmed
NSW Police Commissioner Mal Lanyon’s last-minute attempt to hold closed-door hearings into the February anti-Herzog protest has been rejected. Public hearings begin October 19 with live-streamed testimony from senior officers.
Melbourne Firebombing Crisis: 13-Year-Old in Critical Condition, Three Teens Arrested
A 13-year-old boy fights for his life after suffering 90% burns in a Melbourne firebombing. Three teenagers arrested. Police link attacks to organised crime recruiting youth online.
Sam Wood Denied Bail on Domestic Violence Charges, October 9
Former Bachelor star Sam Wood denied bail after domestic violence charges in Noosa. Court heard allegations he choked his wife. He remains in custody awaiting trial.
Alan Jones Trial: Accuser Denies $100k Financial Deception on October 8
Alan Jones’s youngest accuser denies attempting to deceive the former 2GB broadcaster for financial gain during cross-examination at Downing Centre Local Court on October 8, 2026.
NSW Police Chief Loses Bid to Hide Protest Inquiry as October 19 Hearings Confirmed
NSW Police Commissioner Mal Lanyon’s attempt to hold closed-door hearings into the February anti-Herzog protest was rejected. Public examinations will begin October 19 with livestreaming of senior officers’ testimony.
ATO Bans Credit Card Tax Payments From November 30, 2026
The ATO will stop accepting credit card tax payments after November 30, 2026. Small businesses and Labor warn the ban will worsen cash flow pressures already created by the October 1 surcharge ban.