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Australia's debt hits $1 trillion as US debt passes $US40 trillion threshold — as it happened

Australia's debt has hit $1 trillion at the same time the United States sees its debt pass $US40 trillion.

Australia 'can be very selective' about migration, says migrant rich lister

There are divergent views among business leaders, from migrant and non-migrant backgrounds, about the impact of planned immigration cuts and the types of migrants that should be allowed into Australia.

Scam payments lead to an Australian business and its Israeli owner

An Australian e-learning website was used as a front for scammers selling fraudulent investments, an ABC investigation reveals.

Oil prices spike after ships in Strait of Hormuz hit by fresh strikes

Three ships travelling through the contested Strait of Hormuz have been hit in recent days, according to British maritime officials, with casualties reported.

Hotel chain Quest investigating customer data breach

Quest says the compromised data includes customers' full names, email addresses and other contact details.

WiseTech shares plunge on ACCC raid — as it happened

The competition watchdog has executed a search warrant at WiseTech Global. The Australian share market fell for a sixth consecutive day following another weak session on Wall Street. Look back at the day's markets and economics news on the ABC blog.

Inquiry to examine 'what, if any' benefits data centres will bring

With communities around the world grappling with the spread of AI data centres, the Tasmanian Greens have set up an inquiry to examine "what, if any, economic benefit" they will bring to the state.

Origin Energy hack traced to Accenture's Manila office

The investigation into last month's breach reveals a link to a former Accenture employee in the Philippines.

How to clear a big credit card debt

As the cost of living continues to rise, what steps can you take if your credit card is starting to feel like a problem?

Qantas A380 flew to US and back with maintenance light left in wing

A Qantas A380 was cleared to fly passengers from Sydney to Dallas and back with a large maintenance light accidentally left inside its wing. It comes after a large tool was left inside the airline's super jumbo in 2023.

Architect of current GST system says it is 'working exactly as intended'

Former WA senator Mathias Cormann has defended the current GST system as fit for purpose, after a landmark interim report by the Productivity Commission found the carve-up was costly and unfair.

Four people connected to pork industry charged with financial crimes

Police allege about $10 million was funnelled out of businesses in the pork meat industry for personal use, and more than $30 million in cash was transported interstate in freight vehicles.