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Jim Chalmers says fewer homes selling at auction may be a ‘good thing’ for first-time buyers

Auction success hit a new low for the year on the last Saturday in May, with just 54.5% of homes soldFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe treasurer, Jim Chalmers, has suggested falling auction clearance rates may be a “good thing” for first home buyers if it means they aren’t competing against as many property investors. After data was released showing home prices in Australia’s capital cities had begun to fall...

The Guardian World 9d ago

New Aukus drone subs to protect critical undersea cables as Marles warns: ‘seabed is a battlefield’

Minister at Singapore defence summit also reveals Australia to buy only secondhand Aukus submarines from USFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe defence minister, Richard Marles, has said the “seabed is a battlefield” in a combative speech urging Beijing to be more transparent about its maritime operations, and taking aim at weak international controls over so-called “shadow-fleet” vessels. The warning came as the...

The Guardian World 10d ago

New Aukus drone subs to protect critical undersea cables as Marles warns: ‘seabed is a battlefield’

Minister at Singapore defence summit also reveals Australia to buy only second-hand Aukus submarines from USGet our breaking news email, free app or daily news podcastThe defence minister, Richard Marles, has said the “seabed is a battlefield” in a combative speech urging Beijing to be more transparent about its maritime operations, and taking aim at weak international controls over so-called “shadow-fleet” vessels. The warning came as the US, UK and Australia announced a new Aukus project...

The Guardian UK 10d ago

Australia’s 178 billionaires are $25.7bn richer than last year as 3.7 million live in poverty

Oxfam finds the 20 richest Australians now hold more wealth than the bottom 3 million households, analysis shows Get our breaking news email, free app or daily news podcastThe wealth of Australia’s billionaires increased by $25.67bn in the past year, equivalent to almost $50,000 a minute, according to new Oxfam Australia analysis of the 2026 Australian Financial Review Rich List. The anti-poverty organisation said the total wealth of Australian billionaires in 2026 has reached more than...

The Guardian Business 9d ago

Australia’s 178 billionaires are $25.7bn richer than last year as 3.7 million live in poverty

Oxfam finds the 20 richest Australians now hold more wealth than the bottom 3 million households, analysis shows Get our breaking news email, free app or daily news podcastThe wealth of Australia’s billionaires increased by $25.67bn in the past year, equivalent to almost $50,000 a minute, according to new Oxfam Australia analysis of the 2026 Australian Financial Review Rich List. The anti-poverty organisation said the total wealth of Australian billionaires in 2026 has reached more than...

The Guardian World 9d ago

Anti-abortion activists are trying to limit access in NSW – and they are just getting started

Obstetricians and gynaecologists say anti sex-selective abortions bill ‘predicated on misinformation’ and ‘underlying aim is to restrict access to abortion’Get our breaking news email, free app or daily news podcastThe man who wants to ban “sex-selective abortions” is the first person who will tell you it won’t work. New South Wales Libertarian party MLC John Ruddick has introduced legislation that would see health practitioners sent to prison or fined thousands if they carry out a...

The Guardian Health 7d ago

ABC began international search to replace Justin Stevens as news director without his knowledge

Hugh Marks confirms ABC secretly engaged recruitment firm and signals sweeping changes at national broadcasterFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe ABC managing director, Hugh Marks, has confirmed he secretly engaged a recruitment company to look for a replacement for news director Justin Stevens after the two disagreed over the direction of ABC News. Marks said Stevens “did not know” he had begun an international...

The Guardian World 1d ago

Documents reveal concerns over US company’s proposed gas fracking in WA’s Kimberley region

Federal environment department says Black Mountain Energy has provided insufficient data as it seeks to drill 20 gas wells in part of world’s largest tropical savannaGet our breaking news email, free app or daily news podcastThe federal government has repeatedly raised concerns about an American company’s bid to frack for gas in Western Australia’s Kimberley region, part of the world’s largest and most intact tropical savanna. Texas-based Black Mountain Energy, through its subsidiary Bennett...

The Guardian World 1d ago

NDIS overhaul will ‘harm’ Australians with disabilities, government’s own committee warns

Reform advisory committee says changes will undermine scheme’s original intentions and give unprecedented power to the health ministerFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe national disability insurance scheme’s proposed overhaul will cause “material harm” to Australians with disabilities, undermine its original intentions and hand unprecedented power to the health minister, the federal government’s own reform...

The Guardian World 8d ago

Nauru issues rare statement after whistleblower alleges violent threats against Australia’s non-citizens

Nauran government says its citizens are ‘friendly’ after MP spoke of serious threats allegedly made against former Australian detaineesGet our breaking news email, free app or daily news podcastThe Nauruan government has issued a rare statement insisting it is a “friendly” and “welcoming” country after a whistleblower alleged “serious threats of physical violence” were made against a group of non-citizens removed there by the Albanese government. The unexpected defence, sent shortly after...

The Guardian World 6d ago