News

Labor's fate in the upcoming election hinges on the Reserve Bank's interest rate decision, as rising rates could alienate voters in mortgage-heavy electorates, particularly in outer-suburban Melbourne and Perth. The party is spending resources to prop up vulnerable seats, but faces a tough battle against the Coalition in NSW and Victoria.

Ex-Tropical Cyclone Alfred brought heavy rainfall and flooding to southeast Queensland and northern New South Wales, prompting the Insurance Council of Australia to declare an Insurance Catastrophe. Residents are advised to contact their insurers as soon as possible, even if they don't know the full extent of the damage, and to take photos and videos of the damage for evidence.

Australia's economy is experiencing a complex situation with declining inflation and rising real wages, but concerns remain about eroded purchasing power and declining productivity. The RBA acknowledges the challenges and is working towards solutions, but households will likely continue to feel financial pressure until the situation improves.

WA Legalise Cannabis MLC Brian Walker has drawn criticism for suggesting a link between childhood vaccinations and autism, advocating delaying MMR vaccines until children are eight. His controversial remarks have gained increased attention as WA Labor loses its majority, making crossbench votes potentially influential in passing future legislation.

Star Entertainment CEO Steve McCann narrowly avoided administration for the struggling casino giant through a complex financial package and a potential takeover offer from US casino group Bally's. However, the company's future remains uncertain as it grapples with declining revenue, regulatory scrutiny, and a changing gambling landscape.