World

The housing market defies conventional wisdom as data suggests high cash rates aren't a barrier to a boom, while Australian families face increasing financial strain from high school costs, compelling parents to work more and cut back on essentials, and new arrivals navigate the Australian tax system amidst promising economic conditions.

Lobby pressure significantly impacts cultural events, leading to the cancellation of Adelaide Writers' Week after an author withdrawal triggered a major boycott, bringing the influence of such groups into sharp focus.

Global central bankers rally to defend Fed Chair Jerome Powell against a US Justice Department probe instigated by the Trump administration, while Iran's regime faces scrutiny over its alleged weaponization of religion.

Key developments in the Australian business sector include the arrival of Woodside's massive gas platform off the WA coast for an $18 billion project, the departure of groundbreaking CEO Amanda Lacaze from rare earth miner Lynas, and Endeavour Group's price promotions impacting its bottom line.

Paralympic track sprinting star Korey Boddington, known as "Cycling's Flying Burrito," sets his sights on more gold medals, highlighting a focus on athletic achievement.

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