The Reserve Bank has cut interest rates amid greater confidence that the inflation battle is won, and will remain won, even if borrowing rates fall further from here. Forecasts in the RBA’s latest quarterly Statement on Monetary Policy (SMP) offer good news for borrowers, by suggesting that market pricing for a 3.2 per cent cash rate by early next year …

Anthony Albanese has unveiled his rearranged second-term ministry, naming former communications minister Michelle Rowland as attorney-general after Mark Dreyfus was dumped from the frontbench due to factional negotiations. West Australian and Muslim MP Anne Aly will also be promoted to cabinet, after fellow Muslim MP Ed Husic was sensationally sidelined along with Mr Dreyfus last week. Ms Aly will take …

Two senior cabinet ministers have been dumped from Anthony Albanese’s new-look ministry as factional heavyweights meet in Canberra to carve up the 30 frontbench positions. Science and Industry Minister Ed Husic has been pushed out because of an over-representation of New South Wales right, while Attorney-General Mark Dreyfus has been dumped by the Victorian right to make way for second-term …

The intensive care ward of Nasser Hospital in Khan Younis was quiet. The patients barely filled their beds, and struggled to muster the energy to cry out. WARNING: This story contains details that may distress some readers. Doctors and nurses moved from patient to patient, huddled over their tiny, emaciated bodies. They are the innocent victims of the war in …

In just a week, Donald Trump has gone from sharing the almost blasphemous image of himself as a pope to posting the uncharacteristically subdued message congratulating Chicago-born cardinal Robert Prevost on his election to the head of the Catholic Church. Vice-President JD Vance has also been on his best behaviour, posting a message of congratulations, saying: “I’m sure millions of …

Pope Leo XIV has celebrated his first mass as pontiff, presiding in the Sistine Chapel alongside the cardinals who elected him to succeed Pope Francis. The first North American pope spoke in English at the mass held on Friday, local time. He said he hoped that his election could help the Catholic Church bring light to the “dark nights of this …

Last night was a big one in Australian news, with the federal election being called, so here’s a quick recap of what happened. Let’s get up to speed on the results. Who won the election? The Labor Party. While counting is still underway, Labor has won enough seats to rule as a majority government. Who is the prime minister? Anthony Albanese. Anthony Albanese …

Anthony Albanese has entered the Labor pantheon. While the count is still preliminary, Labor looks to have beaten the two-party preferred result of Kevin Rudd in 2007 (52.7 per cent), of Bob Hawke in 1983 (53.2 per cent), Gough Whitlam in 1972 (52.7 per cent) and Ben Chifley in 1946 (54.1 per cent). Rudd, Hawke, Whitlam, Chifley. A list of …

Every iPhone comes with a label which tells you it was designed in California. While the sleek rectangle that runs many of our lives is indeed designed in the United States, it is likely to have come to life thousands of miles away in China: the country hit hardest by US President Donald Trump’s tariffs, now rising to 245% on …

The budget bottom line would be worse in the first two years of a Dutton government than under Labor, according to the Coalition’s own costings, despite sweeping cuts to the public service to fund the party’s election promises. The costings, released two days before the federal election, show a deterioration of $7.9 billion over the next two financial years, compared …