Skip to main content

Australia News

The latest headlines, categories and live coverage.

Your market overview
MARKET
Grafa

Breaking News

Bloomberg
Financial

AI-Generated Movie Heading Theaters

Artificial intelligence is moving from experimental videos to the big screen. Fable Studio CEO Edward Saatchi says a team of just 30 people spent nine months creating Gods Don't Give Gifts, an AI-generated animated feature that still relies on human directors, writers, voice actors and artists. He joins Bloomberg Businessweek Daily to discuss how AI changes the filmmaking process and what it means for Hollywood's traditional production model.

Read more: AI-Generated Movie Heading Theaters
Bloomberg
Financial

Kansas 'More Purple' Than People Realize

Bloomberg's Brooke Sutherland joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the results of the US midterm elections.

Read more
Kansas 'More Purple' Than People Realize
Bloomberg
Financial

Don't Think Social Security Going Away: Lusardi

Annamaria Lusardi, senior fellow at the Stanford Institute for Economic Policy & Research and TIAA Financial Literacy co-author, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the future of Social Security and retirement in the US.

Read more
Don't Think Social Security Going Away: Lusardi
Bloomberg
Financial

Time to Move Forward With 'Sensible' AI Regulation, Says Rep. Liccardo

Democrat Representative from California Sam Liccardo said that congress has 'issued a lot of press releases' on issues surrounding technology, but haven't managed to push meaningful legislation over the finish line. Liccardo, whose district includes parts of Silicon Valley, said it is critical lawmakers act on AI concerns and that it is time to move forward with 'sensible' regulation.

Read more: Time to Move Forward With 'Sensible' AI Regulation, Says Rep. Liccardo
Bloomberg
Financial

Jobs Report Should Not Cause Fed to Raise Rates, Phelan Says

Christopher Phelan, chairman of the White House Council of Economic Advisers, said he doesn't expect the strong payrolls figures to cause the Federal Reserve to raise rates. Phelan said that when it comes to the state of the economy and GOP midterm losses, it's not a good idea to argue with the American people about their financial reality.

Read more: Jobs Report Should Not Cause Fed to Raise Rates, Phelan Says

Insights

Grafa
Insights

Resurgent inflation pressures test key Australian consumer shares

The Australian Bureau of Statistics reported that annual consumer price index inflation reached 4.3% in the 12 months to September, rising from 4% in August.

The monthly CPI index recorded a 0.8% increase in September, while quarterly inflation rose 1.3% over the September quarter.

Read more: Resurgent inflation pressures test key Australian consumer shares
Grafa
Insights

The digital cart rush redefining Australian retail profit pools

Coles Group reported first-quarter FY27 total sales revenue of $11.21 billion, up from $10.96 billion in the prior corresponding period, driven by supermarket e-commerce sales surging 22.9%.

Read more
The digital cart rush redefining Australian retail profit pools
Grafa
Insights

Trans-Tasman insurers battle contract churn while defending profit margins

Suncorp Group (ASX:SUN) updated its FY27 operational outlook, projecting gross written premium growth of around 3%.

The revised forecast follows the loss of a single commercial contract valued at $125 million annually.

A weaker New Zealand dollar also adds a 70 basis point drag on top-line performance.

Read more
Trans-Tasman insurers battle contract churn while defending profit margins

Economy

Grafa
Economy

Australian public sector wages grow $266B

Public sector jobs rose 2.3% between June 2025 and June 2026, while total wages increased 6.6% according to figures released by the Australian Bureau of Statistics.

Read more
Australian public sector wages grow $266B