Australia

RBA is heading Australia into recession after rising cash rates

Yesterday’s cash rate hike was a major blow to many Australians, with fears that further hikes could lead Australia into a new recession. On Tuesday, the Reserve Bank of Australia (RBA) sent a dagger into the hearts of Australian mortgage holders, raising the official cash rate (OCR) another 0.5%, the third consecutive monthly increase. The …

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Breaking news live: PM to visit floodplains as rain danger moves north; Nick Kyrgios will face court for a common assault charge; New crisis for Boris Johnson with the resignation of ministers

NSW police are looking for more information on a Ford Mustang that was used as an escape car in the Salim and Toufik Hamzy murders in Guildford in Sydney last year. The Mustang, which has been confiscated since the shooting, was parked near the shooting and was used by the suspects along with a Lexus …

Breaking news live: PM to visit floodplains as rain danger moves north; Nick Kyrgios will face court for a common assault charge; New crisis for Boris Johnson with the resignation of ministers Read More »

A man accused of shooting at the Chicago Independence Day parade charged with seven counts of murder by Illinois police

The death toll from the July 4 Chicago parade shooting has risen as officials reveal more information about how the defendant evaded police. According to police, the alleged shooter legally bought two high-powered rifles and three more weapons despite authorities being called to his home twice since 2019 after threatening suicide and violence. He has …

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Police offer $ 1 million reward for information on mysterious murder of Geelong man

A $ 1 million reward has been awarded for trying to uncover information about the mysterious disappearance of a Geelong man, whom police are confident was killed. The major financial incentive has been offered after police tried twice unsuccessfully to have a man convicted of the death of Trevor Tascas more than 10 years ago. …

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A $ 1 million reward is offered for the likely murder of Whittington man Trevor Tascas

Victoria police have announced a $ 1 million reward for the suspicious death of Whittington man Trevor Tascas, who disappeared in October 2005. Key points: Trevor Tascas disappeared in October 2005 and police believe he was killed A $ 1 million reward is offered for information leading to a breakthrough in the case A man …

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Singleton on alert as Hunter River continues to rise, Central Coast communities prepare for major floods

The State Emergency Service expects Singleton, in the Hunter Valley of New South Wales, to be its biggest concern today as river levels continue to rise. Key points: There is an evacuation warning for Singleton, as major floods are expected later today Residents of the central coast are also on alert as catchment of Tuggerah …

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Oil prices fall for “fear of recession”, ASX will fall when the Australian dollar reaches a two-year low

Australian stocks will fall sharply today, while oil prices have fallen more than 9% due to growing fears of a global recession and blockades in China that could reduce demand. Key points: The ASX 200 has fallen 11% since the start of the year U.S. crude fell below $ 100 a barrel The euro sank …

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