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Breaking news from Sydney, Australia and the world. Features the latest business, sport, entertainment, travel, lifestyle, and technology news.
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News
Watch: Chinese company unveils ‘Superman’ robot that it says is faster than Usain Bolt
3+ week, 5+ day ago (359+ words) August 18, 2026 — 10:28am China’s Unitree unveiled a new high-speed robot it dubbed “Superman”, days before becoming the first general-purpose robotics company to list on mainland China’s stock market. Unitree, the world’s biggest humanoid-robot maker by sales, will start trading in Shanghai on…...
Five charts that explain what’s really happening with housing
3+ week, 4+ day ago (759+ words) August 19, 2026 — 4:04pm The deep drop in new mortgage applications is a stark illustration of how much the housing market has fallen – and some experts are warning we are yet to reach the bottom. Since the May budget, all four major banks…...
‘In my country, gifts like this are often given’: Businessman sentenced over $20k hidden in tea
3+ week, 3+ day ago (576+ words) August 20, 2026 — 12:32pm A Chinese businessman who disguised $20,000 cash in a gift box of breakfast tea in a bid to speed up his solar company’s applications before Australia’s Clean Energy Council was heard saying he knew it was “against the law”. Guoxin…...
$40,000 wiped off the value of the average house over winter
1+ week, 6+ day ago (822+ words) September 1, 2026 — 12:01am Property values are falling in almost every suburb in the country, with $40,000 wiped from the median value of the nation’s homes through winter as high interest rates, the federal government’s budget tax changes and low levels of affordability crunch…...
Price wars in perpetuity: Discounts (and Ooshies) usher in Woolies’ resurgence
2+ week, 4+ day ago (638+ words) August 26, 2026 — 4:00pm The supermarket wars have stepped up a notch as Coles continued its run of strong results and Woolworths turned a corner, showing real signs of bringing back the fight to its major competitor. For the first time in years,…...
Trump will be furious as his man at the Fed tries to set his record straight
1+ week, 6+ day ago (1249+ words) August 31, 2026 — 11:57am Kevin Warsh said what he had to say on Friday to protect his credibility and that of the US Federal Reserve Board. The bigger question is whether he will do what he has to do when the Fed meets…...
Retailers on the ropes as consumers all but close their wallets
3+ week, 4+ day ago (624+ words) August 19, 2026 — 3:50pm Punch-drunk retailers are attempting to lift themselves off the mat as consumers give them a dose of their own financial reality, keeping cash in their pockets. At the halfway mark of this year’s earnings season, the shareholder jury has…...
Rents spike up to 80 per cent as people are pushed from houses to units
3+ week, 23+ hour ago (847+ words) August 23, 2026 — 5:30am Rents in parts of the nation’s capital cities have soared by 80 per cent since the end of the COVID-era freeze on rents, but there are pockets of the country where landlords are getting less from their tenants than they…...
When we will know that the property market has bottomed
4+ day, 23+ hour ago (851+ words) September 9, 2026 — 5:00am Real estate agents are starting to think the property market is picking up. Auction clearance rates have risen for two months in a row, there are a few more buyers attending open homes now and a handful of homes…...
Falling home values can lead to a new mortgage prison. Here’s how to escape
1+ week, 23+ hour ago (1011+ words) September 6, 2026 — 5:00am If you’re a homeowner, as two-thirds of Australians are, you’re probably not enjoying headlines featuring words like “falls”, “tumbles” and even “crash coming”. They hardly make you feel relaxed and comfortable. So, let’s get into what is really happening…...