au
Live: ASX to climb, oil drops on US–Iran deal hopes
Australian markets are set to rise this morning, as oil falls on hopes of a diplomatic way out of the war in Iran. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link
PM leaves door open to discretionary trust tax changes — as it happened
Prime Minister Anthony Albanese has left the door open to tweaking a proposed change to how a discretionary trust is taxed. Source link
Berlin approves bid to host Olympics on 100th anniversary of Nazi-run Games
Berlin’s state parliament approves a bid to host the Olympics in 2036, on the 100-year anniversary of the Games hosted by Adolf Hitler and the Nazis. Source link
CBA looks to AI for workforce planning
Automated continuous follow-up coming into view. Source link
PsiQuantum to build computer at Moreton Bay
Instead of near Brisbane Airport. Source link
Cuba accepts offer of $140m in American aid, Rubio says
Tensions between the longtime Cold War rivals have hit a new low in recent days after the US indicted the country’s 94-year-old former president Raúl Castro. Source link
US to invest in IBM, other quantum computing firms
Looks for leadership in the emerging technology. Source link
'Stuck between two psychopaths': Cubans describe life as country goes dark
As power and petrol supplies run out, Cubans tell the ABC about their daily lives. “You can no longer find streets packed with travellers, music and dance,” one says. “Only Cuban nationals, still attempting to take some bread home.” Source link
Snowy bosses paid $1.2m in bonuses as hydro project costs spiral
The renewables project’s chief executive, Dennis Barnes, received $323,000 in bonus pay on top of his $1.69 million salary last financial year, while four other senior executives received about $919,000 in “variable pay”. Source link
One Nation surfs wave as Labor defends budget
Before the budget, Anthony Albanese and Jim Chalmers knew they would be hit by criticism for its broken promises, but they underestimated the extent and ferocity of the backlash. Source link