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Full rate rise impact ‘still to be felt in the economy’
“These interest rate rises are already having harsh and heavy consequences on a lot of household budgets and on a lot of mortgage repayments,” Jim Chalmers said.
Updated
Interest rates
RBA lifts official cash rate to 10-year high, capping off the year’s aggressive tightening cycle
The bank has delivered a pre-Christmas rate rise, taking the official cash rate to 3.1 per cent, its highest level since November 2012.
Jye bought a home in April. Then his mortgage repayments jumped $1000
The small-business owner has cancelled his overseas holiday and cut back on dining out, but he’s worried about how high interest rates will rise.
Domestic airfares hit 15-year high as airlines put on notice
The consumer watchdog has called on Qantas, Virgin Australia and Rex to keep up with demand as capacity constraints push airfares to a 15-year high ahead of the holiday period.
Amex targeted over David Jones credit card mistaken for loyalty card
The corporate regulator is taking legal action against American Express for the way it distributed a David Jones credit card which many customers mistook for a loyalty card.
From the World Cup to Gosford: Fans urged to turn out for Socceroos stars
Eight Socceroos stars are expected to play in the A-League this weekend - a competition players and officials say has earned its stripes on the global stage during the World Cup.
Ronaldo may miss do-or-die clash after substitution spat
The former Manchester United star was seen gesticulating and talking when he came off the pitch against Uruguay in Portugal’s final game of the group stage.
‘Lift the spirits’: Brian Lara’s dressing-room address
Brian Lara evoked the spirit of the great West Indies teams in a passionate dressing room address to Kraigg Brathwaite’s tourists after their fighting loss to Australia in the first Test in Perth.
Updated
Vale
Actor Kirstie Alley, star of Cheers, dies aged 71
Alley, who became one of Hollywood’s biggest stars in the early 1990s, has died after a recent diagnosis, her family said.
‘Sordid mess’: Frank Houston victim’s mum tried to stop him from going public
A court has heard the now-deceased mother of Brett Sengstock wrote in a 1994 diary entry about learning of his allegations and trying to dissuade him from speaking out.
Adrian sank $900k into a crypto trading firm. He’s not sure if he’ll see it again
Adrian Butkus put nearly all of his life savings into an account at BlockFi in early November. Now he is fighting to get it back.
‘She doesn’t go bushwalking’: Concerns for missing woman
The search for Esther Wallace, who went missing during a bushwalk, has now entered its seventh day, as her son raised concerns for her welfare.
Rupert Murdoch to be deposed over US election conspiracies
Dominion Voting Systems alleges that Fox News recklessly aired claims that the voting-machine company rigged the 2020 election.
Opinion
What’s on
Listen, wowsers: Sydneysiders should be trusted to party
For a home city blessed with such superb public spaces, Sydneysiders have developed an unhealthy habit for utilising them terribly.
Joseph O'Donoghue
Freelance writer, co-founder of the Keep Sydney Open
Opinion
Australia votes
Why isn’t the voting age 16? Because politicians are scared
The next generation of voters don’t have the luxury of political complacency.
Justine Landis-Hanley
Australian Youth Affairs Coalition spokesperson
Prince Harry spills on ‘dirty game’ against Meghan in Netflix trailer
Prince Harry has signalled that the Netflix documentary series might be an uncomfortable watch for members of the royal family.
Editor's Picks
Opinion
Protests
What happens when a dictator’s ‘red line’ meets the people’s ‘red line’
Peter Hartcher
Political and international editor
Just in
FIFA WORLD CUP
Brazil 4 South Korea 1
Sublime Brazil crush South Korea with attacking masterclass
Brazil took just seven minutes to hit the lead and didn’t let up in a frantic opening term which underlined their status as tournament favourites in Qatar.
Updated
Japan crumble in shootout as Croatia goalkeeper’s heroics keep dream alive
Dominik Livakovic proved the hero for his team in the first match at this World Cup to go to penalties, making three saves to end to Japan’s giant-killing run in Qatar.
Sydney
NAB fraudster to await sentence in jail
Helen Rosamond has been jailed ahead of her sentence hearing for defrauding the NAB and paying kickbacks to a senior bank staffer.
First came the giant advertising screens - now it’s plus-sized payphones
New Telstra payphones are coming to inner Sydney streets, with Wi-Fi and USB chargers, but they’ll be much bigger.
Exclusive
NSW Votes
Tink’s team targets Lane Cove as independent candidates grow
The campaign team behind federal teal MP Kylea Tink will take on Planning Minister Anthony Roberts in Lane Cove at the NSW election.
Row erupts between police and head of LGBTIQ inquiry
NSW Police have claimed the inquiry is diverting resources from 12 unsolved homicides, prompting a furious response from the inquiry’s commissioner.
‘They think they own the world’: Residents take on Sydney party boats
High on the list of demands from noise-averse harbourside residents is a ban on boats anchoring or lingering in harbour bays – even during the day.
Politics
US, Australia to strengthen ‘unbreakable’ alliance as bulwark against China
The allies will announce plans to accelerate Australia’s push to secure precision-guided missiles and expand the American military presence in the Top End.
Business
Opinion
Telecommunications
Running out of data? It might be time to change mobile plans
If you haven’t shopped around your mobile plan for a while, you might be surprised to find that the landscape is now vastly different.
Joel Gibson
Finance expert
World
Hundreds of Iranian students ‘poisoned’ before planned mass protests
Students have accused the government in Tehran of spiking food in university canteens and dormitories to undermine further uprisings.
Opinion
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Property
‘A landlord’s market’: Little relief for renters amid tight vacancy rate
A record low vacancy rate is giving some tenants little choice but to offer as much as $50 extra a week, even in outer suburbs.
Downsizers spend $4.67 million on Drummoyne knockdown
More than a dozen buyers turned out to compete for the home which was on the market for the first time in 50 years.
Lifestyle
It started as a low-key spreadsheet. Meet the 30-something duo blowing up ‘the rules’ of early parenting
Overwhelmed by the paraphernalia thrust at new mothers, Phoebe Simmonds and Kate Casey are shaking up the baby industry by removing the guilt and supporting women to do it their own way.
Culture
This TV star was set to quit acting. Now he’s one of Yellowstone’s key players
Moses Brings Plenty started out as a nameless driver, but the actor is delivering a quiet strength as a regular on the hit neo-western series.
Sport
From the World Cup to Gosford: Fans urged to turn out for Socceroos stars
Eight Socceroos stars are expected to play in the A-League this weekend - a competition players and officials say has earned its stripes on the global stage during the World Cup.
Opinion
FIFA World Cup
Why Tim Cahill has cast an awkward shadow over Socceroos’ Qatar success
Tim Cahill can claim partial credit for Australia’s World Cup success in Qatar, but he repeatedly ducked Australian media throughout the tournament - which is a damn shame, because there’s an awful lot to ask him.
Vince Rugari
Reporter
‘Lift the spirits’: Brian Lara’s rallying dressing room address
Brian Lara evoked the spirit of the great West Indies teams in a passionate dressing room address to Kraigg Brathwaite’s tourists.
Ronaldo may miss do-or-die World Cup clash after substitution spat
The former Manchester United star was seen gesticulating and talking when he came off the pitch against Uruguay in Portugal’s final game of the group stage.
‘No fear of failure’: How England are breathing life into Test cricket
What happens when you take the fear of consequences out of cricket’s most consequential format? It’s Test cricket like you’ve never seen it, and it’s exhilarating.
Brazil 4 South Korea 1
FIFA World Cup
Sublime Brazil crush South Korea with attacking masterclass
Brazil took just seven minutes to hit the lead and didn’t let up in a frantic opening term which underlined their status as tournament favourites in Qatar.
Analysis
FIFA World Cup
The road ahead: What’s next for Socceroos, Arnold and his players?
Will Graham Arnold remain on as coach? If not him, then who? What about the players? And what does qualifying for the next World Cup look like? All your big questions, answered here.
Have Your Say
Jones’ departure to launch rugby’s game of thrones
Could a two-decade-old friendship be Australia’s trump card as the coaching dominoes start to fall in international rugby?