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#theguardian.com. Commonwealth Bank posts record half-year cash profit as investors pile into housing market. CBA shares surge by 7% after bumper $5.45bn result while data shows owner-occupiers’ share of lending has decreased in tight property market

#aljazeera.com. More Australia protests over police crackdown on rally against Herzog visit. Civic groups denounce use of 'excessive' force as police chief refers to protesters as 'angry and violent mob'.

#oilprice.com. Queensland Opens Up Australia’s First Major New Oil Province in 50 Years | OilPrice.com. The Queensland government has opened up the Taroom Trough for oil and gas exploration by awarding rights to three companies, potentially creating Australia's first major new oil province since the 1970

#theguardian.com. Australia politics live: police under fire for handling of Sydney protests; chief says speakers ‘incited’ crowd to march. Follow the latest updates live

#computerweekly.com. Australia’s CommBank partners business school to research artificial intelligence | Computer Weekly. Bank wants to better understand how its customers perceive, use and trust artificial intelligence as the technology is set to reach every corner of the finance sector.

#theguardian.com. NSW chief justice says Tony Abbott’s criticism of Harbour Bridge march judge ‘misconceived and ignorant’. Andrew Bell says it’s ‘regrettable’ that former PM suggested judge had made a ‘political judgment’ regarding pro-Palestine protest in August

#theguardian.com. Australian banks passed interest rate hikes on to mortgage holders – so why haven’t they done so for savings accounts?. There’s an obvious reason for the delay. But the banks still need to compete on savings rates to finance their operations

#theguardian.com. Condemnation of Elon Musk’s AI chatbot reached ‘tipping point’ after French raid, Australia’s eSafety chief says. A number of countries including Australia are investigating X over Grok-produced sexualised deepfakes

#theguardian.com. ‘We never would have bought’: Australian mortgage holders feel the pain as interest rates rise again. The RBA’s widely anticipated decision marks the end of the shortest rate-cutting cycle in the reserve’s modern history, hitting mortgagees hard

#theguardian.com. RBA interest rates decision: Reserve Bank increases cash rate to 3.85% in blow to mortgage holders. Shortest rate-cutting cycle in the RBA’s modern history ends after unexpected jump in inflation

#theguardian.com. Bradfield MP Nicolette Boele spent more than $2.2m on election campaign – the most of any teal independent. Data shows Boele – who won seat by only 26 votes – received almost $700,000 in donations from Climate 200

#theguardian.com. Most experts think the RBA will hike the cash rate. Here’s why they may be wrong. There are factors beside inflation that the board needs to consider, most notably the labour market

#theguardian.com. Liberal MP complains to ABC managing director about Tony Armstrong’s satire special. Melissa McIntosh, who claims Always Was Tonight violated ABC charter, has been dubbed the ‘Liberal party fun police’ by the Greens

#theguardian.com. The return of inflation may poison Labor’s second-term agenda and scare more voters to the fringes. As economic grievance grows in the electorate, an interest rate hike is the last thing our fraught politics needs

#oilprice.com. Australia and Timor-Leste Push to Fast-Track Giant Offshore Gas Project | OilPrice.com. Australia and Timor-Leste have jointly committed to accelerating development of the Greater Sunrise offshore gas project, aiming to resolve long-standing regulatory and commercial hurdles and boost reg

#economist.com. Just a moment.... Under growing pressure, Elon Musk backs down on nude deepfakes

#oilprice.com. Woodside’s Pluto 2 LNG Expansion Risks Delay as Workers Push for Strike | OilPrice.com. A wage dispute between unions and contractor Bechtel threatens to delay Woodside’s nearly completed Pluto 2 LNG expansion project.

#theguardian.com. Owner of scandal-plagued Panthera Finance tells court it was not technically operating illegally in Victoria. Francom claims that because Panthera had ‘acquired’ the debts, it was not technically engaged in collecting debt owed to a third party

#oilprice.com. ConocoPhillips Hits New Gas Discovery in Australia’s Otway Basin | OilPrice.com. ConocoPhillips has made a promising natural gas discovery in Australia’s Otway Basin, marking the region’s first find since 2021 and raising new questions around future domestic gas supply obligations.

#theguardian.com. Debt collecting giant pursued 200,000 debts from Victorians while allegedly banned from operating in state. Thousands of people affected by actions of Panthera Finance, before it was acquired by new owners Francom Group

#oilprice.com. Australia’s Conservative Opposition Ditches Net-Zero Goal | OilPrice.com. Australia’s Liberal Party has reversed its climate stance, pledging to scrap the nation’s net-zero and 2030 emissions targets if elected while remaining in the Paris Agreement.

#theguardian.com. ATO is paying private debt collector $42m to pursue taxpayers, including welfare recipients. The tax office’s increased reliance on Recoveriescorp has coincided with a spike in complaints to the watchdog

#theguardian.com. Federal election ‘will be won or lost in the suburbs’, Chalmers says. Treasurer is scathing of Coalition’s pledge to repeal Labor’s tax cuts but admits he is ‘very concerned’ about global trade war

#theguardian.com. Richest households will benefit most from Dutton’s fuel tax excise, analysis shows. Opposition leader exaggerating benefits to Australians, experts say, with those with no car or who drive EVs seeing less savings

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