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The Latest Breaking News from Crikey

Anthony Albanese joined TikTok but not many people noticed

While no fan of social media, the prime minister joined the popular Chinese-linked short video platform in mid-December to little fanfare.

Crikey

Dutton throws stones, but he and Albo both live in multimillion-dollar glass houses

The opposition leader wants to score points off the prime minister’s house purchase. Let’s go through both men’s property disclosures.

Crikey

Banks sit pretty as fee revenue keeps rising amid a lack of competition

Call those tens of millions in extra revenue from home loan fees an oligopoly tax, because that’s what they are.

Crikey

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When did Elon Musk become… this?

Chronicling the transmogrification of a free market environmentalist billionaire to ‘dark, gothic MAGA’.

Crikey

National Anti-Corruption Commission still dealing with reports it received in its first month

The NACC, the federal anti-corruption watchdog, still has 22 referrals made in July 2023 marked as ‘under assessment’.

Crikey

All passengers in Washington air crash feared dead

A crash between a passenger jet and a military helicopter could be America’s worst aviation disaster in nearly 25 years, and Australia’s terror threat level will remain stable despite recent antisemitism.

Crikey

As Chemist Warehouse mints billionaires, Crikey ushered outside with a lasagne

Chemist Warehouse shareholders met last night to vote on a $34.7 billion merger. Stephen Mayne’s warm welcome was a hot meal.

Crikey

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‘Too little, too late’: Qantas engineers deride revival of Alan Joyce-era academy

‘Engineers take four years to train and it’s at least that again before they can really do the job. It’s not just something you can pick up overnight,’ one engineer told Crikey.

Crikey

More RFK Jr pet lore, ScoMo’s new food crimes, and the worst Pilates job in the world

Crikey has uncovered an old interview with Robert F. Kennedy Jr where he illustrates how many principles he’s abandoned, as well as his long-term commitment to terrorising animals.

Crikey

Elusive Dutton pulls another disappearing act on anti-waste waste

Pressed on why he has two government waste ministers, Peter Dutton struggled. But it’s hard to find what he said.

Crikey

Spender wants to fix intergenerational inequality. Just don’t ask her who should pay

The independent member for Wentworth is going after negative gearing — at least on (green) paper.

Crikey

Monetary policy is inherently political, but the RBA must respond to reality

As the US Federal Reserve pauses its rate cuts, the Reserve Bank of Australia is out of excuses not to cut.

Crikey

Can you feel that inflation drop? I’m guessing no, not until interest rates are cut

The new inflation numbers are a bombshell. But until the RBA cuts interest rates, the government won’t see much love from the public.

Crikey

Another publishing house gets swallowed, leaving Australian literature on shaky ground

Penguin Random House’s acquisition of Text Publishing leaves Australian publishing further concentrated in the hands of a few multinational companies.

Crikey

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Crikey

NSW Police suspect caravan of explosives was meant for antisemitic attack

Explosives found in a caravan in Dural could have caused a ‘mass casualty event’, with counter-terrorism police dispatched to investigate if they were intended for an antisemitic attack.

Crikey

Who are the betting markets backing this election?

And should you put much stock in them?

Crikey

DeepSeek unleashes the China hysterics — but are they too late?

DeepSeek’s success with its AI tool suggests Western efforts to contain China are doomed. And that has anti-China hysterics in a lather.

Crikey

‘Aware there is no robust evidence’: Inside the government’s last-minute teen social media ban lawmaking

Internal documents, interviews with sources and errors left in public documents reveal how the Albanese government’s flagship tech policy changed until the very last second.

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Crikey

Sarah Schwartz must be punished: The instrumentalisation of a dissenting Jew

After calling out Peter Dutton’s use of Australian Jews for his own political purposes, Sarah Schwartz has faced a campaign of demonisation.

Crikey

‘Smash them into the ground’: Simmering grudge exposed in Nationals vs Liberals clash

A Liberal vs Nationals contest in a coastal NSW state seat has Coalition insiders worried their federal campaign could be hampered.

Crikey

Dutton has the worldview of a Queensland cop, someone once wrote. We should take that seriously

Peter Dutton wasn’t party to any of this debauchery of Queensland Police under the reign of Joh Bjelke-Petersen. But he’s every inch a product of the culture and politics of the time.

Crikey

Why is my t-shirt more offensive to our prime minister than a 50-year assault on democracy?

The boy who lived in public housing comes to die on a corporately owned hill.

Crikey

Wall Street rebounds after DeepSeek havoc

The US financial markets have recovered somewhat after being decimated by the emergence of a new Chinese AI app, and today’s inflation data may finally put us on track for an interest rate cut.

Crikey

Breaking a bad Abbott: Is Labor repeating mistakes from elections past?

If Labor thinks a focus on Peter Dutton’s personal flaws is enough to get them another term in office, it has forgotten very recent lessons.

Crikey

For lazy Australian media companies, why is the answer always more concentration?

The chair of radio network ARN wants to buy Nine Entertainment’s radio stations — a move that would further weaken competition in our media industry.

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