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ASX flat as investors await US data

The share market jumped to reach its highest level in almost three months on Monday morning before shedding early gains to finish flat at the end of trading.The benchmark S & P/ASX200 added just 4.1 points, to finish at 7,199 at the…

Aussie star’s Mercedes sold off to pay debts

Influencer and perennial reality TV contestant Teddy Briggs’ business has sensationally collapsed amid a storm of controversy, with liquidators preparing to sell his prized Mercedes-Benz as part of their efforts to claw back hundreds of…

Major twist as Evergrande faces collapse

Embattled Chinese property juggernaut Evergrande has once again wriggled its way out of shutting down completely two years after becoming the most indebted company in the world. On Monday local time, many thought the property developer was…

Marles touts AUKUS AI as China threat looms

Australia, the United Kingdom and America will deploy advanced artificial intelligence to track and surveil submarines in the Asia-Pacific as part of a larger AUKUS-led collaboration to contain threats to democracies in the region,…

Why the Aussie dollar is soaring

For anyone planning a trip to the US in the coming months, the sudden and substantial increase in the Australian dollar will come as welcome news.Against the US dollar, our currency has added nearly 5 per cent over November, the biggest…

Startling proof Australia is totally stuffed

Just about everywhere you look, there are worsening signs that Australia is no longer the lucky country.From record-high rents to skyrocketing mortgages, a cost-of-living crisis to the alarming emergence of a ‘working poor’ population, the…