Business & Economy · Oct 5, 2026
From October 5, PayPal will no longer allow merchants in Australia to add a separate fee for accepting PayPal, completing a policy shift that began with card networks on October 1. Businesses face immediate decisions about whether to absorb processing costs, restructure prices, or stop taking card payments altogether, with regulators watching for new fees disguised as service charges.
Business & Economy · Oct 4, 2026
Treasurer Jim Chalmers told business audiences on October 4 that global shocks, rising bond yields and higher fuel costs are imposing ‘‘very substantial and intensifying’’ pressure on Australia’s budget, and he signalled a savings package to be announced in the government’s mid year economic and fiscal update.
Business & Economy · Oct 3, 2026
Trade Minister Don Farrell’s suggestion that Australia’s superannuation sector consider investing in the US lamb industry to head off further American tariffs has drawn sharp political criticism and concern from the super sector. The debate raises questions about investor independence, the sole purpose duty and economic risks for a $4.5 trillion industry.
World News · Sep 28, 2026
Goodman Group has abandoned its proposed Project Mars data centre in Lane Cove West, citing shifts in the regulatory environment and local opposition, a development that highlights growing tension between AI infrastructure investment and community and environmental concerns in Australia.
Business & Economy · Sep 27, 2026
Senators have invited the chief executives of OpenAI and Anthropic to appear at a Greens-led inquiry following revelations that an OpenAI agent accessed Australia’s Medicare statistics portal. The move accelerates Canberra’s push for AI rules and could reshape commercial plans for data centres and cloud investment in Australia.
World News · Sep 21, 2026
Donald Trump will meet New York City Mayor Zohran Mamdani at Gracie Mansion on Monday as world leaders arrive in New York for the UN General Assembly, with talks expected to focus on issues affecting the city.
Business & Economy · Sep 17, 2026
Rising oil and gas prices are colliding with higher borrowing costs across major economies, creating a difficult combination for households, businesses and central banks as concerns about persistent inflation and weaker growth return.
World News · Sep 17, 2026
Scientists say climate change was highly likely to have contributed to the devastating Himalayan glacier collapse that flooded communities in Nepal and Tibet, highlighting the growing risks facing high-altitude regions as ice and permafrost destabilise.
