Australia at risk from major global financial shock, Reserve Bank warns 01. October 2026 (05:32) Warning comes as central bank estimates fewer than one in 100 borrowers owe more on their home than its worthFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank says households are well placed to weather the twin storm of rising interest rates and plunging property prices, but warned that Australia would not be immune to a sudden collapse of the global AI investment boom.The central bank’s latest financial stability review – a biannual assessment of the financial system – said the “threats to global financial stability continue to mount”. Continue reading...(The Guardian)
Parts of Victoria could see three months’ worth of rain as storms forecast for Australia’s south-east 01. October 2026 (05:17) BoM expects 30 to 50mm of rain to fall in Melbourne over coming days, with showers and storms also likely for Canberra and Sydney on SaturdayFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWidespread rain and thunderstorms are forecast to drench south-eastern Australia from Thursday, with the heaviest falls expected across Victoria.A trough moving east across South Australia was expected to combine with a low pressure system moving through the Great Australian Bight on Thursday, according to the Bureau of Meteorology. Continue reading...(The Guardian)
Microsoft’s datacentres and Optus owner among firms paying zero tax on billion-dollar Australian revenues 01. October 2026 (04:30) ATO database names big companies – including Microsoft subsidiary and Netflix – that pay little corporate tax but notes there could be legitimate reasonsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastMicrosoft’s datacentre business and the Optus parent Singtel are among a string of major corporations generating billions of dollars in revenue in Australia while paying zero income tax.Well-known multinationals including Netflix also only pay tax on a small fraction of their turnover, according to the Australian Taxation Office. Continue reading...(The Guardian)
Oasis take legal action to stop sale of unheard recordings valued at more than £1m 01. October 2026 (03:07) Tapes made in the 90s, including candid conversations between Noel and Liam Gallagher, which were expected to sell for up to £1.6mA collection of unheard Oasis recordings, including 63 live shows, hours of rehearsals and candid conversations between Noel and Liam Gallagher, has been pulled from auction after legal action taken by the band.In September Littleton Auctions in Worcestershire, England, listed the collection made by the band’s former sound engineer, Huw Richards, with a guide price of between £1.2m and £1.6m. Continue reading...(The Guardian)
Police search for additional victims as two bodies discovered in California 01. October 2026 (03:05) Officials investigating missing persons case find bodies in remote area of Lancaster, north of Los AngelesLaw enforcement officials are looking for additional victims after two bodies were found on Tuesday in a remote area of Lancaster, California, a small city about 70 miles north of Los Angeles, the Los Angeles Times reports.Authorities found the bodies in a shallow grave while they were investigating a missing persons case, according to KTLA. Outside of the sheriff’s department investigating the discovery of the remains as a homicide, little is known about the two people who were found in the shallow grave. Continue reading...(The Guardian)
Daredevil Jaan Roose prepares to walk slackline high above central Seoul 01. October 2026 (02:59) Estonian will navigate narrow ribbon, 160 metres long and 120 metres high, near the city’s famous Gwanghwamun palace on ThursdayEstonian aerial athlete Jaan Roose will attempt to cross a 160-metre long highline suspended 120 metres above central Seoul on Thursday.Roose, a three-time slackline world champion, will step out on to a narrow polyester ribbon between the Koreana hotel and the Dong-A Media Center, near the capital city’s famous Gwanghwamun palace and square. Continue reading...(The Guardian)
Gavin Newsom signs laws to protect California workers from AI threat 01. October 2026 (02:17) Democratic governor sharply critical of Donald Trump for not passing comprehensive federal AI regulationsGovernor Gavin Newsom signed laws Wednesday aimed at protecting California workers from the threats of artificial intelligence , including potential job losses and workplace surveillance.The laws ban employers from using the technology to predict a worker’s emotional state by using their biometric data, require employers to send written notices to workers if AI is responsible for mass layoffs and ban employers from relying on AI to decide to fire someone. Continue reading...(The Guardian)
Kristi Noem, former Trump homeland security chief, files for divorce 01. October 2026 (01:58) Noem cites irreconcilable differences in filing that comes after husband Bryon Noem involved in tabloid scandalKristi Noem, who was fired by Donald Trump after a rumbustious stint as homeland security secretary, is divorcing her husband, Bryon Noem, after 34 years of marriage, citing “irreconcilable differences”.The divorce claim “for settlement purposes only” was disclosed in court records filed in Hamlin county, South Dakota, the state of which Noem was previously governor. Continue reading...(The Guardian)
Man arrested over alleged plot to attack Texas state capitol 01. October 2026 (01:53) Suspect Benny Caldera Jr held on bond as officials say they received ‘credible’ information about Austin threatA 40-year-old man was arrested early Wednesday on suspicion of plotting to attack the Texas state capitol, authorities said.The Texas department of public safety said in a statement that it received “credible information about an individual planning a violent attack” for Thursday in Austin. Continue reading...(The Guardian)
Floating scarecrows: how Cornish fishers are stopping seabirds drowning in their nets 01. October 2026 (01:01) Simple deterrents can slash the number of razorbills and guillemots being trapped underwater, two-year study showsBird-shaped kites and a floating scarecrow are being tested to try to stop endangered seabirds drowning in fishing nets.Every year an estimated 95,000 diving birds, including razorbills and guillemots, are accidentally caught in nets off European coasts. Continue reading...(The Guardian)
