World

Australia's fuel crisis linked to the Iran conflict, the US debt surge, and the Federal Reserve's decision to hold rates steady are central, influencing Australia's energy security debate and upcoming federal budget.

The housing market's record resale profits contrast with investor tax-break debates, as jobs data guides the Reserve Bank's next moves, and regulatory capture by lobbyists continues to shape financial rules.

Prime Minister Albanese faces criticism, while the Senate considers extraordinary ASIO powers, Australia's immigration policies come under scrutiny for exploitation, and a High Court case challenges government monitoring.

Northern Australia braces for Cyclone Narelle, described as potentially one of the biggest cyclones in living memory, threatening widespread destruction in already flood-hit regions.

China's dominance in the green economy through critical minerals investment exposes Australia's export vulnerabilities, while Japan reports a trade surplus with improved exports.

BHP faces legal scrutiny over allegations of misleading a former coal miner, a liquidator is content to scrap a boat at a significant loss, and BHP announces its new chief executive.

Queen Mary's royal homecoming caps off the Danish royals' green-focused Australian tour, alongside reflections on Thomas Mann's warnings about war and censorship.

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