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Finance · 3 days ago

ASX nudges higher as Alphabet plunges and the ECB chief quits – market participants scramble for meaning

Vera Chen, Sydney desk

The Australian stock market is set to edge up despite a historic drop in Alphabet’s shares and the surprise resignation of the ECB chief, leaving market participants bewildered and busy.

Technology · 3 days ago

The Chinese Spy's 'Intrusion Detector' Edition: Sydney Tech News

Ash Park, Sydney desk

At a tech conference's opening speech, Processor Press tech wunderkind Ash Park, tech-journalist extraordinaire, unlocked a device with feeling.

Finance · 3 days ago

Anthropic’s Mega IPO Lands in Australia: Retail Investors Finally Get a Bite of AI

Vera Chen, Sydney desk

Anthropic’s public offering is being made available to everyday Australian investors, a rare chance for non‑institutional buyers to own a slice of a leading AI company, according to the company’s announcement.

World · 3 days ago

Alaska Senate Race Gets a Double Dan, Trump Fumes

Rex Blister, Sydney desk

The New York Times reports that Democrats recruited a candidate named Dan Sullivan to run against Republican incumbent Dan Sullivan in Alaska’s Senate race, a move that has left voters confused and prompted a sharp…

Finance · 3 days ago

Inflation Rises Again, Making Everyday Items Feel Heavier

Vera Chen, Sydney desk

Inflation ticked up this week, pushing up the cost of everyday goods and leaving shoppers checking their wallets more often than their phones.

Finance · 4 days ago

RBA’s Rate Riddle: Will Unemployment Keep Its Secrets?

Vera Chen, Sydney desk

The RBA has signalled a forthcoming rate rise, prompting market participants to wonder whether the push for lower inflation will force unemployment higher, a trade‑off the central bank seems willing to make.

Finance · 4 days ago

Fed Holds Rates Amid Inflation Surge as ASX Rises and Wall Street Advances

Vera Chen, Sydney desk

The Federal Reserve left interest rates unchanged despite a surge in inflation, a move expected by markets. Australian shares rose and U.S. Wall Street advanced, as the Fed says it will wait until after next week’s mid…

Politics · 4 days ago

One Nation’s backstage whisper leaves the reunited Coalition with more cracks than a council’s pothole plan

Mabel Crowe, Sydney desk

One Nation’s behind‑the‑scenes influence has created fresh divisions within the reunited Coalition over a trade deal and AI policy, with senior figures meeting in secret in Canberra and the outlook now uncertain.

Politics · 4 days ago

Bureaucrats’ rubber‑stamp habit leaves Labor’s invite‑only grants as inevitable as a Monday morning queue

Mabel Crowe, Sydney desk

An audit finds that almost every grant handed to Labor’s preferred applicants sails through unchallenged, with bureaucrats applying a rubber‑stamp in roughly 98 per cent of cases, sparking fresh questions about merit…