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Analysis

Yesterday

The budget that could be make or break for Labor

Jim Chalmers is gearing up for his third and most important budget. If he spends too much and stokes inflation, he knows he’ll own the next rate increase.

  • Updated
  • Phillip Coorey
Message from the bench: the current High Court (from left) - Justice Jayne Jagot, Justice Simon Steward, Justice Michelle Gordon, Chief Justice Stephen Gageler, Justice James Edelman, Justice Jacqueline Gleeson and Justice Robert Beech-Jones.

No more gaming the system, says High Court

The High Court has sent a clear message: those “manipulating the system” won’t be rewarded with a get-out-of-detention free card.

  • Michael Pelly
Tesla chargers

Tesla slashes jobs in Australian charging team

The company’s global cuts have come to Australia, with staff laid off and at least one charger location cancelled.

  • Nick Bonyhady
Former President Donald Trump walks to the courtroom following a break in his trial at Manhattan criminal court on Thursday.

Trump’s long week in court as election looms

Stormy Daniels’ allegations of a sexual encounter with Trump set the courtroom alight this week. How they play into his election chances is unclear.

  • Matthew Cranston
Apartments for rent in the West Village neighbourhood of New York.

Why Australia’s long-suffering renters are not alone

Rents are soaring not only in Australia but also in the US, UK and Canada, preventing inflation from declining closer to central banks’ targeted levels.

  • Swati Pandey, Irina Anghel and Enda Curran
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  • Analysis
  • EU
Europe’s far right is becoming mainstream.

Europe’s far right is becoming mainstream

Anti-immigration parties with fascist roots, and an unclear commitment to democracy, are emerging as Europe’s new leaders, the New York Times reports.

  • Roger Cohen

This Month

 Zeekr EVs were all the rage at the  China Auto Show in Beijing last month.

This is how China’s car dealers are driving the EV revolution

Chinese car dealers are ditching foreign brands slow to respond to the EV transition, while turning to homegrown makers that have been gobbling up market share.

  • Gloria Li
Workers make vapes in a factory in Shenzhen in China.

China’s flood of cheap exports is about to get worse

EU leaders were this week the latest to scold China about overcapacity, but there are no quick fixes to its factory glut.

  • Updated
  • Karthikeyan Sundaram
Benjamin Netanyahu at a ceremony marking Holocaust Remembrance Day at Yad Vashem, the World Holocaust Remembrance Centre, in Jerusalem on Monday.

Can the ICC actually arrest Benjamin Netanyahu?

The International Criminal Court is entitled to judge Israeli and Hamas officials, writes one of its former presidents.

  • Chile Eboe-Osuji
NA

Why Australia could benefit from engaging with China on clean energy

A new report provides the framework for a forward-looking Australia-China relationship, identifying vast potential for economic co-operation.

  • James Curran
Benjamin Netanyahu this week took a characteristic path: he bought time.

Benjamin Netanyahu’s dilemma: save the hostages or his government

In one of the biggest gambles of his career, Israel’s premier sent troops into Rafah to raise pressure on Hamas – and buy time.

  • Neri Zilber, Mehul Srivastava and Andrew England
Jeremy Clarkson on his farm, Diddly Squat, in West Oxfordshire.

Jeremy Clarkson, patron saint of the Great British bore

In barely a decade he has gone from disgraced Top Gear presenter to beloved guardian of the British countryside, due to the success of Clarkson’s Farm.

  • The Economist
Mike Henry must have carefully planned his move for Anglo. Eamon Gallagher

BHP’s siren song to Anglo shareholders is operational excellence

A claim to be the mining sector’s “best operator” is a big part of BHP’s pitch to Anglo American shareholders, as it promises to get more blood out of the same stones.

  • Peter Ker
Houses in Zhouzhuang old town. Home buyers are no longer focused on new builds.

Why the Chinese are warming to ‘second-hand’ homes

With tens of thousands of new developments yet to be completed, house hunters are looking again at older buildings. End buyers don’t trust developers any more.

  • Thomas Hale, Wang Xueqiao, Andy Lin and Chan Ho-him
Albo enters the bull ring.

All hat, no bull: PM’s tough task disarming farmers in Qld

Anthony Albanese and Peter Dutton are in Rockhampton for Beef 2024. One suspects Labor will need to look elsewhere in Queensland to win seats at the next election.

  • Phillip Coorey
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Silicon Valley Bank failed in March last year.

Good banks today want to be seen as boring

Regional US financial institutions are promoting themselves as stodgy, stuffy and dull in response to industry failures.

  • Bre Bradham
Australia

Why Australia’s housing crisis has gone global

Households are going backwards in 13 developed economies, including Australia, as record immigration runs into a housing crisis.

  • Updated
  • Randy Thanthong-Knight, Swati Pandey and Tom Rees
Nothing to fear. Donald Trump speaks to Miami Formula One winner Lando Norris on Sunday (Monday AEST).

Gallows humour and escape: Trump’s possible return rattles Washington

Much of official Washington is bracing for the former president’s return – this time with ‘retribution’ as his avowed mission, the discussion is about self-imposed exile.

  • Peter Baker
  • Analysis
  • AI

AI start-ups face a rough financial reality check

The AI revolution, it is becoming clear in Silicon Valley, is going to come with a very big price tag.

  • Cade Metz, Karen Weise and Tripp Mickle
Rio Tinto CEO Jakob Stausholm says collapsing the DLC is not a priority.

Time for Rio Tinto dual-listing rethink with Anglo American in play

Trading the spread between the value of Rio Tinto’s dual-listed London and Australian shares is usually the province of specialist arbitrage funds. But BHP’s tilt at Anglo American has it back in focus.

  • Jemima Whyte