Australia's competition policy revolution is highlighted amidst new budget details, with the Coalition linking housing and migration rates, while the Treasurer's fair go budget faces parliamentary challenges over tax reform and tourism taxes, amidst concerns about illicit tobacco losses, generational housing gambles, renewable energy reforms, and overall economic impacts on the ASX.
US President Trump's visit to China is overshadowed by the looming Iran war, as he seeks to seal trade deals while dismissing the economic pain Americans face due to the conflict.
The rising cost of the AUKUS submarines program is causing concern, with delivery chances sinking and its expenses being compared to other national initiatives like the NDIS.
Funding to combat child-support system abuses has been welcomed, while debates continue on whether politicians can inflame public sentiment more freely than citizens, and Pauline Hanson faces scrutiny for refusing to condemn a controversial supporter.
Coles faces potential fines over a court ruling regarding allegedly fake discounts, the Rinehart legal saga reignites with Hancock's appeal, and OpenAI chief Altman denies Elon Musk's accusations of betraying the company's original mission.
The US Senate confirmed Kevin Warsh as the chair of the Federal Reserve, Indonesian prosecutors seek 18 years jail for Gojek's co-founder over corruption allegations, and New Zealand plans to trim new spending to maintain a budget surplus amid Middle East conflict uncertainty.
The Stella Prize awarded a graphic novel for the first time, marking a significant moment for the literary award, alongside advice on choosing a hair restoration clinic in Australia.