Australia Breaking News

Nine senior figures have quit the Ethereum Foundation this year, including co‑executive director Hsiao‑Wei Wang, even as ETH trades about 57% below its all‑time high and Solana closes the gap.

• The Australian federal government announced a $3.6 billion wage subsidy extension to secure a 15% pay rise for early childhood educators over two years, preventing a planned July 15 walkout by over 20,000 workers.
• Funding eligibility requires listed operators to cap consumer fee increases from mid-2027, directly impacting organic revenue growth and profit margins across the sector.
• The structural policy shift introduces strict regulatory compliance guidelines alongside a separate $426.6 million initiative, forcing providers to manage tight workforce retention against mandated pricing restrictions.

Global stocks are ending a strong week on a cautious note as relief over an interim peace deal between the US and Iran gave way to a focus on the challenges of securing a lasting agreement. Anneka Treon, Global Head of Private Banking, Wealth Management, and Investments at ING Investments, discusses her outlook for Europe, client concerns, and the broader macro picture.

Iran delayed the start of negotiations over a permanent peace deal with the US after fighting intensified in southern Lebanon, a potential setback to Donald Trump's efforts to end the war and curb Tehran's nuclear program. Ambassador Puneet Talwar, Principal at Talwar Global Strategies and former US Ambassador to Morocco, discusses the US, Iran interim deal and what he expects to see from negotiations in the coming days.

Greater Manchester Mayor Andy Burnham won a decisive victory for the ruling Labour Party that delivers him a seat in Parliament and, with it, a pathway to challenge UK Prime Minister Keir Starmer for his job. Bloomberg UK Politics Reporter James Woolcock discusses what he expects to see from a potential leadership showdown in the UK.

Henna Virkkunen, EU's top technology official, & Executive Vice President sat down with Bloomberg's Tom Mackenzie on the sidelines of VivaTech in Paris to discuss EU AI regulation, cybersecurity risks, Europe's technological sovereignty, and reducing reliance on non-European technology providers in critical sectors. This interview occurred on Wednesday, June 17.

"We have an opportunity to turn the tide," Labour Party's Andy Burnham says at a rally in Makerfield. He speaks after a decisive victory in the by-election which secured him 54.8% of the vote.

Labour's Andy Burnham says there is a need to make "life more affordable." He speaks at a rally in Makerfield on Friday, after his decisive victory in the by-election which secured him 54.8% of the vote.

Erik Wytenus, JPMorgan Private Bank EMEA head of investment strategy, discusses markets' reaction to Greater Manchester Mayor Andy Burnham's victory in the Makerfield special election. Speaking on Bloomberg Television, Wytenus says the market is attuned and prepared for the "era of fragmentation and political winds of change," adding that "focusing on what the private sector is doing on its own merits is typically the best way to invest."

As the interim US-Iran peace deal has taken effect, oil shipments through the Strait of Hormuz have begun in earnest. Hasnain Malik, Managing Director for Emerging Market Equity & Geopolitical Strategy at Tellimer spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on the GCC's plan for the 60 day respite ahead.

Anna Edwards, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

As the interim US-Iran peace deal has taken effect, President Trump has stated it includes a ceasefire on all fronts, including Lebanon. The deal has been widely and vocally panned in Israel. Mairav Zonszein, Senior Analyst for Israel at the International Crisis Group spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on Israel's reaction to the deal.