EU leaders are discussing a new US trade proposal amidst ticking clocks and Australian superannuation funds were spared a multi-billion dollar 'revenge tax', while the dollar sinks and global stocks extend a record run fueled by speculation on US rate cuts; these economic shifts led to household wealth being hit and markets jittery as Trump targets Powell over tariffs.
The ABC's Antoinette Lattouf 'issue', involving her legal battle and the hefty taxpayer bill for her unlawful termination, dominates headlines alongside discussions of Zoe Daniel's fight for votes in Goldstein, the ALP's lucky win masking a rotten electoral system, and the Liberal Party getting hacked.
In the corporate world, Shell denies it is looking to buy energy rival BP, while Meta fends off a US copyright lawsuit over AI as bots doing mundane jobs are promised within a 'transformational' pledge for the public sector.
Australia sticks to its defence spending guns despite pressure from allies, while 'torn' Aussies flee conflict in the Middle East, with many more left waiting for evacuation.
Stars descend for the Jeff Bezos wedding extravaganza in Venice, causing ripples and drawing protesters, while America has a 'totally normal one' over NYC mayoral candidate Zohran Mamdani.