Trump imposes 25% auto import tariffs, aiming to generate $100 billion annually and boost US manufacturing, despite potential industry backlash.
UK Finance Minister Rachel Reeves announces spending cuts to address budget shortfall, while prioritising growth and working people's needs.
Labor's $17bn tax cut plan passes amid Coalition opposition; election imminent, prompting criticism of modest relief measures.
Hegseth disclosed sensitive military strike details on Signal before attacks on Houthi militants, raising concerns over classified information leaks.
Americans' economic expectations drop to a 12-year low amid rising prices and uncertainty over Trump’s policies.
Signal app increasingly popular among Trump's allies and opponents for secure communications, gaining wide adoption in Washington.
US and Ukraine announce Black Sea truce, contingent on Kremlin's sanctions relief conditions.
Federal government cuts instant asset write-off scheme for 2025-26, reducing asset threshold from $20,000 to $1,000.
Treasurer Jim Chalmers' modest $5 weekly tax cuts face criticism for lacking significant cost-of-living relief.
"2025 Federal Budget: Winners Include Taxpayers, Students; Losers Are Small Businesses and Welfare Recipients Amid Election Focus."
Trump's team reviewed accidental disclosure of airstrike plans to journalist via Signal thread, sparking criticism and demands for investigation.
Trump announces 25% tariff on nations buying Venezuelan oil; markets expect potential easing of other planned tariffs.
Treasurer Jim Chalmers announces final cost-of-living budget measures ahead of impending election, despite ongoing deficits.
Heathrow Airport stayed operational post-fire, but faced extensive disruptions and criticism over crisis management and power dependency.
Wall Street signals potential recovery from stock selloff, but caution remains amid trade policy uncertainties ahead of tariff announcements.
