Queensland communities faced widespread power outages after a tropical cyclone damaged infrastructure, flooded roads and disrupted essential services statewide.
Victoria faced dangerous fire conditions as a severe heatwave fueled bushfires, disrupted transport, forced closures and placed emergency services on high alert.
Business
Gold surged to a record $3,963 as market demand soared amid global instability and US policy uncertainty, reinforcing its safe-haven status.
OPEC+ confirms a 137000 bpd oil production increase effective November 2025 as member nations coordinate to sustain global market stability.
Gold prices hit record highs near $3,791 per ounce as markets respond to U.S. rate cuts, dollar weakness, and strong safe-haven investment flows.
OECD lifts 2025 global growth forecast to 3.2 percent but warns U.S. tariffs, slowing demand and trade tensions could weigh on economies in 2026.
WTO says AI could boost global trade by nearly 40% and GDP by 13% by 2040 if digital infrastructure and trade policies are adapted worldwide.
Bitcoin tumbled under $110000 alongside Ethereum losses and ETF redemptions, signaling a shift in investor behavior toward lower-risk assets.
Fears of an AI bubble grow as analysts warn that tech stock valuations and market behavior are starting to mirror the lead-up to the 2000 dot-com crash.
Puma shares surged over 17 percent as the Pinault family’s Artémis considers selling its 29 percent stake in the German sportswear company.