Vidhya CK

According to analyst Hayley Channer, while Australian businesses, which is China-reliant, could manage around fixed import taxes, the deeper concern is the persistent uncertainty about Trump's next move. "That uncertainty is worse than the 10% tariff," he said.

"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.

The long-anticipated launch is Australia's first orbital attempt in 50 years and positions Gilmour Space as a serious contender in the global commercial space race, aiming to rival giants like Elon Musk's SpaceX.

Coming into effect on July 1, the policy will ban advertisements for a wide range of food and drink products deemed unhealthy from appearing on Adelaide's buses, trains, and trams. The list includes chocolate, lollies, confectionery, desserts, ice creams, soft drinks, chips, and processed meats like ham.

While Karenia mikimotoi is not directly toxic to humans, it can cause flu-like symptoms such as skin irritation, sore eyes, and breathing difficulties after exposure. Authorities have urged the public to avoid entering affected waters.

The warning, published Wednesday on Smarttraveller, urged Australians to "exercise a high degree of caution" in India and to reconsider travel to Pakistan.

In 2023, 61% of Australia's medicinal cannabis supply was imported, according to the Therapeutic Goods Administration (TGA). Under current regulations, a country's permitted medicinal cannabis supply is determined by domestic demand.

Throughout the campaign, Labor repeatedly drew parallels between Dutton's policies and those of U.S. president, criticizing him for embracing Trump-style rhetoric and approaches.

The revelations follow earlier reports this week that more than 31,000 customer banking passwords from the Big Four banks -- ANZ, CommBank, NAB, and Westpac -- had also been stolen using similar malware.

Despite the more cautious consumer behavior, Coles Group posted a rise in overall sales revenue, reaching AU$10.4 billion for the third quarter -- an increase of AU$400 million compared to the same period last year, largely driven by its supermarket operations.

Cyber intelligence firm Dvuln uncovered the breach, revealing that the credentials include passwords from at least 14,000 Commbank customers, 7,000 ANZ users, 5,000 NAB clients, and 4,000 from Westpac.

Treasurer Jim Chalmers revealed the budget would be AU$1 billion better off over the next four years compared to the March budget, which forecast deficits exceeding AU$150 billion during the same period.

The mistake, which occurred in 2023, only came to light in February 2024 when the biological parents of the child requested to transfer their remaining frozen embryos to another provider, triggering an internal review. Earlier this month, Monash IVF's share price dropped sharply -- from AU$1.08 to a low of 69 cents -- after news of the error became public.

Claire DeCarteret, Gallup's Managing Director, said that while many companies touted perks such as ping pong tables and yoga mats, they wee missing the mark on what employees really needed -- recognition and meaningful engagement.

AMP chief economist Shane Oliver criticised both Labor and the Coalition for offering big-ticket items such as tax cuts, fuel subsidies, and housing initiatives that, he argued, provided little lasting benefit for Australians. "They are mostly just band aid solutions."

As businesses push for a return to pre-pandemic norms, some leaders are using promotion prospects as a softer incentive to encourage in-office attendance.

HESTA is transferring its member account services to a new platform managed by GROW Inc., prompting what it describes as a necessary suspension of services.

According to the Australian Academy of Science president, professor Chennupati Jagadish AC, Australia must act quickly to capitalize on what he called an "urgent and unparalleled opportunity" to attract the smartest minds leaving the United States."

Between June 28, 2023 -- the day the inquiry released its report -- and March 28, 2025, when parliament was dissolved, lawmakers from both major parties accepted 312 complimentary tickets to sporting events.

"We obviously do not want to see Russian influence in our region – our position is we stand with Ukraine," Prime Minister Anthony Albanese said. "We regard Vladimir Putin as an authoritarian leader who has broken international law, who's attacking the sovereignty of the nation of Ukraine."

"Coles and Woolworths have had it too good for too long and Tasmanians are paying the price," Tasmanian Greens Senator Nick McKim said. "A lack of competition means shoppers here are paying at least AU$15 more on a basket of essential groceries compared to Aldi, which adds up to hundreds of dollars a year."

Despite initial concerns about the potential damage to brand reputation under Musk's leadership, which led to a temporary pause in ad campaigns, the government resumed its spending.

Two previous reviews -- one commissioned when Peter Dutton served as Coalition defense minister, and the other conducted by the Albanese government in 2023 -- concluded there were no national security grounds to terminate the lease.

According to the Treasury's modeling, the U.S. tariffs and China's retaliatory measures would lead to a 0.1% drop in Australia's real GDP for the year.

The U.S. tariffs on Heard Island and McDonald Islands -- part of Australian external territory -- are home to valuable Patagonian toothfish fisheries. The 10% tariff could impact the price and availability of this premium fish, especially in high-end U.S. restaurants.

Australia has pledged financial support for affected exporters. A fund offering AU$1 billion in zero-interest loans will be made available, and the government will direct departments to prioritize purchasing Australian-made goods.

"There's AU$4.2 trillion of members' money under management in superannuation," Mary Delahunty, chief executive of ASFA, said. "That makes Australia one of the top investors in the world." Within the next five to seven years, Australia is expected to surpass the U.K. and Canada, making it the second-largest pool of capital globally.

"The idea that we would weaken biosecurity laws is like cutting off your nose to spite your face. In order to defend the exports that total less than 5% of Australia's exports, you undermine our biosecurity system," Albanese told reporters in Adelaide.

Crypto ATMs, or kiosks, are machines that allow users to buy or sell cryptocurrencies like Bitcoin using cash or cards, often without requiring the same level of identity verification as traditional financial services.