Mencari Today's Rundown

The Financial Register is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. New investor home loans fell 30.6 per cent in the September quarter, the largest quarterly fall on record, according to the Australian Bureau of Statistics. The bureau’s head of finance statistics, Mish Tan, said that more than just borrowing costs are in...

The Financial Register is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. The federal government will legislate mandatory artificial intelligence safety standards. It has accepted all 18 recommendations of a rapid review into the OpenAI incident. The review looked at an AI agent that infiltrated Australian Government websites,...

The Financial Register is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. An economist at the Reserve Bank says the global boom in artificial intelligence investment is likely to keep inflation and interest rates high in the near term. The warning comes from Reserve Bank Chief Economist Sarah Hunter. Assistant Employment Minist...

Assistant Minister for Productivity Andrew Leigh says the federal budget will include savings. He has also defended the government’s tax changes. Leigh was speaking in an interview on News24, where he said the tax changes were informed by independent experts. The Greens are calling for a moratorium on AI data centres until guardrails are in place. Independent MP Helen Haines is now in a stable con...

David Jones, Australia’s oldest department store, went into voluntary administration on Thursday morning after talks with landlord Scentre Group broke down. Stores are still trading, and more than 6,000 staff face an uncertain future. The administrators are seeking offers to recapitalise the business or sell it as a going concern. Education ministers have agreed to look at making civics education...

Australia’s big four banks will lift variable mortgage rates by 0.25 per cent from 13 November. The move follows the Reserve Bank of Australia raising the cash rate to 4.85 per cent. ANZ says the rise will add about 79 dollars a month to a 500,000 dollar owner-occupier loan. The Democrats have won control of Congress in the US midterm elections, according to ABC News. ABC News reports the party wo...

The Reserve Bank has lifted the cash rate to 4.85 per cent, its highest level since November 2008. The Monetary Policy Board voted six to three for a 25 basis point rise, the fifth this year. Three of the nine board members voted to hold at 4.60 per cent, the bank said in its statement. Treasurer Jim Chalmers has rejected claims that government budgets are driving inflation. He pointed to the war...

An interest rate rise is expected tomorrow, and national home prices are already down about 4.3 per cent from their March peak, according to REA Group. REA Group senior economist Eleanor Creagh says the downturn is in its seventh month and will run into 2027. She says Sydney prices are down a little under 7 per cent and Melbourne prices a little over 6 per cent, with falls spreading to Brisbane, A...

Independent MP Allegra Spender says the government’s capital gains tax changes are hurting business. She represents Wentworth and spoke to News24. The Sydney Morning Herald reports Treasury has announced a minimum thirty per cent tax on real capital gains from 1 July 2027. It says the tax will not apply to gains that accrued before that date. The Australian Signals Directorate is now handling 100...

Up to 20 per cent of Australia’s gas exports could be set aside for domestic use, under legislation due for a vote in the House of Representatives on Thursday. Prime Minister Anthony Albanese said the scheme would put downward pressure on prices. Climate Change and Energy Minister Chris Bowen called on all parties to pass the bill through the Senate. The federal government says its changes to nega...

Good morning, Australia! It’s Thursday, July 18 Today’s Brief: What’s Happening Right Now In this episode, the host covers three developing stories: Australia's diplomatic response to a methanol poisoning tragedy in Laos, Telstra's Senate enquiry testimony over a nationwide network outage, and President Donald Trump's claims that China accessed the voter data of 220 million Americans. Stay informe...

Good morning, Australia! It’s Thursday, July 17 Today’s Brief: What’s Happening Right Now Australia’s universities are facing renewed scrutiny as a royal commission examines anti-Semitism on campus, while a new national drug survey shows smoking has fallen to a historic low even as illicit tobacco use climbs. In this episode, we break down what the hearings mean for universities, why campus safety...

Good morning, Australia! It’s Thursday ,July 16 Today’s Brief: What’s Happening Right Now New Zealand faces an emerging biosecurity crisis as the deadly H5N1 bird flu reaches its shores for the first time, threatening some of the world's most endangered bird species. Meanwhile, President Trump reverses a controversial plan to impose tolls on shipping in the Strait of Hormuz after intense pressure...

Good morning, Australia! Today’s Brief: What’s Happening Right Now The news moves fast. We don’t. Today’s Brief is your daily dose of what’s actually going on in the world—delivered straight, without the spin or the sensationalism. We take three major stories and tell you what happened, why it matters, and what comes next. Whether it’s energy markets, geopolitical conflict, or domestic policy, we...

Good morning, Australia! Today is December 11 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...

Good morning, Australia! Today is November 27 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...

Good morning, Australia! Today is November 27 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...

Good morning, Australia! Today is November 25 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...

Good morning, Australia! Today is November 24 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...

Good morning, Australia! Today is November 22 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...

Good morning, Australia! Today is November 21 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...

Good morning, Australia! Today is November 20 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...

Good morning, Australia! Today is November 19 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...

Good morning, Australia! Today is November 17 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...

Good morning, Australia! Today is November 14 and here is your news briefing! The Mencari readers receive journalism free of financial and political influence. We set our own news agenda, which is always based on facts rather than billionaire ownership or political pressure. Despite the financial challenges that our industry faces, we have decided to keep our reporting open to the public because w...