The Reserve Bank of Australia (RBA) cut the cash rate by 0.25 percentage points at the August monetary policy meeting. That means the RBA’s cash rate target is now 3.60 per cent. Here’s a breakdown of how Australia’s Big Four banks have responded to the decision. We’ll be updating this story as information comes through, so check back later if …

Australia’s Alexei Popyrin remains on track for back-to-back Canadian Open titles after fighting his way to a three-set win over fifth seed Holger Rune. For the second match in a row in Toronto, 18th-seeded Popyrin had to claw his way back after losing the first set, beating the talented Dane 4-6, 6-2, 6-3. It was just the second career meeting …

The Australian Council of Trade Unions will call for bold changes to negative gearing and the capital gains tax at the government’s productivity roundtable this month, arguing the tax breaks be limited to one investment property. Under the proposal, the current arrangements would continue for five years to allow investors time to rethink their portfolios before the changes come into …

An estimated 90,000 pro-Palestinian protesters have marched across the Sydney Harbour Bridge before police stopped the event “due to public safety”. A sea of people attended the rally, many holding Palestinian flags and protest signs in one hand and umbrellas in the other due to the blustery and wet conditions. There were similar scenes in central Melbourne, where police said …

The prospect of snow on the Northern Tablelands may have felt like wishful thinking for some. A promising weather forecast earlier in the week had seemed to have fizzled to drizzle by Friday, although weather-chasing social media identities disagreed. When Saturday morning arrived, news quickly spread of dustings in Guyra, Ben Lomond and surrounds. Snow carpeted Kindly Animal Sanctuary. Those …

Prime Minister Anthony Albanese has described recent actions by the Israel Defense Forces in Gaza as “completely indefensible” and says he told Israeli President Isaac Herzog directly that Israel was losing support by its own actions. In an interview with the ABC as he wrapped up his six-day visit to China, the prime minister was asked about the broader rapid …

Australia and China, the prime minister told the secretary of the CCP’s Shanghai Municipal Committee on Sunday, “deal with each other in a calm and consistent manner”. “And we want to continue to pursue our national interests, and it is in our interest to have good relations with China”. It’s the sort of polite diplomatic language that can often sound …

Yachties enjoying a cruise along the Queensland coast have been warned to stay clear of the massive military exercise taking place at Shoalwater Bay over the next week. As the ABC’s Ellie Willcox reported on Friday, there will be no safe anchorage for about 100 nautical miles from Yeppoon north to the Percy Island group during the bigger-than-ever Australian-US military exercise known …

The Yes In My Backyard movement is lobbying for denser cities and more housing in places people want to work and live and YIMBYs want these homes built yesterday. But the NIMBYs haven’t given up yet. on a cold June night in Sydney’s eastern suburbs dozens of residents, most insulated by navy puffer coats and vests, have piled into the …

Prime Minister Anthony Albanese has landed in Canada ahead of this week’s G7 summit, during which he will meet with US President Donald Trump at a fraught time in world affairs. Albanese’s first meeting today was with G7 host, Canada Prime Minister Mark Carney, shortly after touching down. “Canada is the eighth largest investor in Australia at the moment and there is the potential, I …