World

Australia's foreign policy agenda includes the highly contentious upcoming visit of Israel's President Isaac Herzog, leading to calls for his arrest on war crimes allegations and local protests against related businesses, while the nation also works on a security deal with Indonesia and considers a US-led critical minerals trade bloc to counter China, with Trump and Xi engaging in direct talks and Australia facing pressure on military spending from the US.

Key economic and political debates revolve around the Reserve Bank's recent rate hike causing mortgage stress and treasurer's upcoming budget strategies to alleviate inflation, alongside veterans' opposition to Defence property sell-offs, the financial backing of right-wing lobby group Advance Australia, and Pauline Hanson's dilemma on regional visas.

Corporate performance and technological shifts are highlighted by Google's robust earnings amid AI disruption, Beach Energy's profit fall due to flooding, the Washington Post's significant staff cuts, and a packaging firm's successful acquisition, while superannuation funds face scrutiny over scam protection and Spain considers Australia's approach to banning social media for children.

Significant global concerns include the unveiling of the Epstein files, which are seen as exposing profound Western societal issues, and an analysis of the climate crisis that attributes environmental collapse to exploitative global economic systems.

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