Today
Big super says ‘big beautiful’ Trump bill could cut $3.5b from returns
The budget proposal at the centre of recriminations between the US President and Elon Musk would ramp up taxes on US investments, hurting retirement savings.
Trump’s ‘one big beautiful bill’ is a danger to Australia
The budget is yet another tool to beat trade partners into submission. It threatens our companies, superannuation industry and sovereignty.
Are you ready for the AI boom? | Virgin winners | Trump v Musk
This week, James and Anthony try to explain what’s coming from the AI revolution, reveal the biggest winners from the float of Virgin, and you’ll never guess: Tump and Musk’s bromance is over.
Why the Musk-Trump meltdown was all about money
The rift was always going to happen, but it was still spectacular and according to the president was about the Tesla CEO losing EV subsidies in his new bill.
Albanese has one weapon in tariff talks: the periodic table
Convincing Trump that Australia can guarantee a reliable supply of critical minerals remains Albanese’s best option of securing a tariff exemption.
Harvard wins reprieve from Trump’s foreign student ban
The judge said the president’s moves to halt foreign students would have bring “immediate and irreparable injury” to the Ivy League institution.
Musk loses $52b in personal wealth as Trump hits where it hurts
The Tesla CEO is still the world’s richest person, but he may suffer more financial blows if his government contracts are halted.
Musk-Trump fissure raises prospect of higher rates
The breakdown in relations between the US president and the world’s richest person could push long-term interest rates a lot higher.
Trump-Musk feud goes nuclear; KWM’s cautionary China tale; Joe Aston on Planet Ark
Read everything that’s happened in the news so far today.
The One Big Beautiful Bill that split Trump and Musk
Elon Musk has finally discovered what the rest of us have known for a while: the Republicans no longer care about fiscal responsibility.
Which valuation milestone did CBA surpass? Take our weekly news quiz
Have you been paying attention this week? Test your knowledge across politics, business and world news.
Australia and Chile have more in common than you probably think
The two countries have many similarities as mining-based economies dependent on China as their major trading partner. But the relationship goes deeper.
‘Time to drop the really big bomb’: The Epstein files explained
In a spat with Donald Trump, Elon Musk invokes the Epstein files, a source of endless speculation and conspiracy.
Musk played with fire backing Trump. He and Tesla are getting toasted
The spat between the president and billionaire is great sport for most, but investors have had $230 billion wiped off the EV maker’s value in hours. It may get worse.
Tesla loses $235b in market value in a day
The US president and the billionaire’s relationship blew up on social media, triggering a sharp sell-off in the EV car maker’s shares.
Musk claims Trump linked to Epstein as bromance explodes
Trump threatened to end government subsidies and contracts for Musk’s companies, while the billionaire called the president ungrateful for getting him elected.
How Ukraine’s drones are changing the face of warfare
Weapons from the West are important, but Kyiv’s shift to unmanned aerial systems is a change in tactics and a broader evolution in how its military does battle.
Yesterday
Trump issues travel bans for 12 countries in flurry of orders
The president is reinstating one of the most controversial measures from his first term, and targeting Joe Biden, in a series of late-night moves.
‘Fast lane to debt slavery’: Trump’s tax bill faces mounting backlash
Elon Musk ramped up his opposition to the president’s bill while a watchdog warned it would add $3.7 trillion to the US budget deficit.
Gold tipped to hit $US4000 if greenback continues slide
Analysts say the price of bullion could reach fresh records in the next 12 months if the US dollar drops further amid the uncertainty of the Trump administration.