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The Latest Breaking News from Stephen Smith

Recession off the cards but Australia faces dreary outlook, economists say

De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch

The Guardian - AU

Longest stretch of weak growth since 1990s forecast

Rarely has Australia's near-term economic outlook appeared so gloomy, says Deloitte Access Economics.

AAP

'I'm so sorry, you have cancer': Teanna was 32 and pregnant when diagnosed

'I was walking around for two months with an open stomach.'

Newcastle Herald

From analysis to the latest developments in health,
read the most diverse news in one place.

RBA interest rates: Reserve Bank holds official cash rate at 4.35%

Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year

The Guardian - AU

The Trump Curse Strikes Again? Knicks' 13-Game Winning Streak Ends After Trump Appears at NBA Finals Game 3

The New York Knicks' winning streak ended with President Trump in attendance, sparking 'Trump Curse' discussions, fan frustrations over security, and viral reactions from public figures.

International Business Times UK

How Howie Mandel turned a panic attack into a mental health movement and helped build a company now worth hundreds of millions

Howie Mandel did a campaign with NOCD, a telehealth app to help spread awareness of OCD. Out of that campaign, Billy Bob Thornton and "celebrity galore" reached out.

Fortune

Oil crisis not over: warnings of diesel over $4 a litre

With the Strait of Hormuz still shut and stockpiles running down, economists warn fuel prices could spike above levels previously seen during this oil crisis.

AAP

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Hopes of wartime windfall shot down for federal budget

The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.

AAP

Limiting capital gains tax changes to new investments would ‘severely delay’ budget reforms, Deloitte says

Treasurer Jim Chalmers had indicated ‘transitional’ proposed changes as Labor attempts to repair a ‘structurally flawed’ budget

The Guardian - AU

Stephen Smith grills politicians on lack of leadership at Real Time with Bill Maher

Stephen Smith raised his voice on Real Time with Bill Maher to criticize both Democrats and Republicans in government. It’s a voice that comes from frustration, but he rightfully points out the lack of leadership from the two parties.

The Mary Sue

Canadian billionaire Stephen Smith buys 27% stake in the Economist

Weekly news magazine’s parent company makes third significant ownership shake-up in its 183-year history

The Guardian - UK

Reserve Bank governor denies inflation is ‘taking off’ amid fears of fresh rate hikes

End of government subsidies drives electricity costs up by 19% in the month and leaves power bills nearly a third higher than they were a year earlier

The Guardian - AU

Greens hold door open to capital gains tax reforms

Support from the Greens could hold the key to opening the door to capital gains tax changes as the government ponders reforms the opposition says it won't back.

AAP

Forecasters dial up rate bets as banks prepare to hike

With the RBA showing stronger resolve to rein in inflation, banks will more likely than not be lifting home loan rates again in a few months, economists say.

AAP

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The Guardian - AU

Australia’s inflation slows to 3.4%, easing fears of a February interest rate hike

Consumer prices rose less than markets expected in the year to November, but economists warn rate rises will still be needed in 2026

AAP

Tax reform call as data centre boom plugs in investment

A jump in forecast business investment in the midyear budget update will be unveiled by the treasurer, which bodes well for Australia's productivity growth.

Cycling News

From Pistolets to Performance Gains: Inside Remco Evenepoel and Red Bull-Bora-Hansgrohe's fuelling strategy

From periodised carbohydrates to gut training, here we reveal the nutritional methods that Remco Evenepoel’s new team hope will power him to progress, plus how they can boost everyday cyclists, too

AAP

PM reveals Australia's next high commissioner to UK

Former South Australian premier Jay Weatherill has been appointed Australia's next high commissioner to the UK, replacing incumbent Stephen Smith.

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news in one place.

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AAP

Aussie shares dip as inflation rains on rate cut parade

Hotter-than-expected price growth has battered market expectations for interest rate cuts, prompting a broad sell-off as investors recalibrate expectations.

Golf Monthly

What Does Your Golf Swing Say About Your Personality? I Spoke To A Psychologist To Find Out...

Leading sports psychologist Stephen Smith considers a selection of classic swing types and what kind of person is likely to put them into practice.

The Guardian - UK

Pushy parents are ‘biggest problem in sports performance’, say psychologists

Unsportsmanlike conduct in grassroots football and on the sidelines at school events is on the rise. How can parents support their child in the right way?

AAP

Spending rebound staggers as Aussies kick booze, smokes

Strong growth in household spending earlier this year is unlikely to be matched, which could ease Reserve Bank fears of a return of inflation pressures.

The National (Scotland)

Fringe reviews: Florence, One Man Poe, Zoe Coombs Marr and more

As part of my attempt to see 10 shows at the Edinburgh Festival Fringe in one day, I also wanted to review them all

AAP

Better times ahead for economy, despite global woes

A major business forecaster is optimistic the pace of economic growth in Australia will accelerate over the next few years and overcome recent hurdles.

International Business Times UK

Police Cleared After Tasing and Pepper-Spraying 92-Year-Old Amputee — But Face Misconduct Action

The police officers who tased a 92-year-old amputee were cleared of assault charges, despite using a 50,000-volt taser and pepper pray on a very old man.

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