Guardian AU
Gas giants warn against windfall gains tax as Pocock says ‘wartime profits’ should go to struggling Australians
Australia's gas giants are mounting a lobbying campaign against a proposed 25% windfall profits levy on exports, warning it would damage the economy and energy security. The push comes as crossbench senator David Pocock and others pressure the Albanese government to redirect billions in "wartime profits" toward Australians squeezed by soaring energy costs. Treasury has been asked to model the impact of the flat levy, signaling the government is seriously weighing its options.
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Trump has made it clear Australia is a friend in name only. For Albanese, the pressure at home is rising | Tom McIlroy
Australia's diplomatic optimism is running headlong into geopolitical reality as the US-Israel conflict with Iran enters its fourth week and economic warning signs mount for Canberra. Labor is grappling with both the financial fallout and the deeper strategic question of what American friendship actually means under Trump. For Albanese, the domestic pressure is building at a moment when Australia's influence in Washington appears weaker than ever.
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Tropical Cyclone Narelle poised to hit far north Queensland as ‘high-end’ category four storm
Severe Tropical Cyclone Narelle is bearing down on far north Queensland as a high-end category four system, threatening remote communities with destructive winds, heavy rainfall, storm surge, and flooding. Authorities have urged residents to shelter as the storm prepares to make landfall. The event has also prompted renewed scrutiny of how global heating is intensifying the strength of tropical cyclones in the region.
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'Transitional moment': Leaders make final pitches ahead of SA election, One Nation leading Liberals in latest poll
One Nation has surged to 22 per cent in primary support in South Australia, outpacing the Liberals at 16 per cent in the latest Newspoll as the state heads to the ballot box. The result signals a dramatic reshaping of the conservative vote, with analysts describing the moment as a fundamental shift in the state's political landscape. Both major parties have made their closing campaign appeals as voters prepare to decide what could be a historic election outcome.
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Australia news live: Queenslanders in path of Tropical Cyclone Narelle bunker down as wind gusts forecast to hit 250km/h
Severe Tropical Cyclone Narelle is bearing down on far north Queensland, with destructive wind gusts forecast to reach 250km/h as the storm approaches landfall on the Cape York Peninsula. Residents in remote communities have taken shelter as authorities cut water and electricity supplies ahead of the system's arrival. The cyclone poses a significant threat to one of Australia's most isolated regions, where evacuation options are limited.
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