Private Credit Crisis Hits Australia: $2.5 Trillion Meltdown
Panic spreads through global economy as $2.5 trillion private credit industry faces meltdown, trapping $3 billion in Australia and threatening super funds.
Panic spreads through global economy as $2.5 trillion private credit industry faces meltdown, trapping $3 billion in Australia and threatening super funds.
Discover the best early EOFY 2026 laptop and PC deals in Australia, including discounts on HP, Lenovo, Apple, and more. Save big on AI laptops, gaming rigs, and monitors.
Find out which shops are open on the King's Birthday long weekend. Woolworths, Coles, Bunnings, and more details for each state and territory.
Australia's corporate watchdog ASIC has awarded $3 million to KPMG while under investigation for potential conflicts of interest.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedUK house prices fell unexpectedly for the third consecutive month in May, dropping 0.1% to £298,806, as rising mortgage rates from Iran war uncertainty hit affordability and demand.
Explore a curated selection of homes for sale with water views across England and Scotland, from a London houseboat to a loch-side retreat on the Isle of Skye.
As youth unemployment rises, calls for military recruitment among Neets grow, but critics cite high drop-out rates and ethical concerns.
Goalhanger, co-founded by Gary Lineker, tops the Sunday Times list of fastest-growing UK companies with £37.9m in sales, driven by podcast subscriptions and live events.
Geoffrey Thomas, one of the world's most respected aviation journalists, has died at age 74 after a short illness, prompting tributes from colleagues and industry leaders.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedSpaceX's IPO offers investors a chance to bet on Elon Musk's vision of AI data centers in space and Mars colonies, despite billions in losses and limited voting rights.
Meta, Google, and TikTok face a proposed Australian levy to pay news outlets. Tech firms argue it violates the US-Australia free trade agreement and risks Trump-era retaliation.
Bitcoin's steepest sell-off in months wiped over $2.3 billion in 24 hours, with 208,000 traders liquidated. Analysts warn of further declines as institutional demand weakens.
The ASX 200 dropped 99.6 points as Iranian missile attacks and an Israel-Lebanon ceasefire spooked investors, with mining and tech stocks leading losses.
Five lucky 7You readers can win a top-rated Ninja gadget, including the Creami ice cream maker, Crispi air fryer, or Luxe Café espresso machine. Enter via social media.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedThe EOFY sales 2026 are here with record discounts on tech, fashion, mattresses, and homewares. Find the best deals from Dyson, Samsung, Emma Sleep, and more.
A National Audit Office report reveals Andrew Mountbatten-Windsor generated private income by subletting three cottages on his Windsor Royal Lodge estate while paying a peppercorn rent to the crown estate.
The International Career Institute celebrates 20 years of transforming adult education with flexible, career-focused courses that empower learners globally.
A Perth family's dinner turned into a horror show after they bought a roast chicken from IGA Carine that still had its head and neck attached. The father ate the head to freak out his kids.
Bing Lee's EOFY sale offers huge discounts on fridges, washing machines, vacuums, TVs, and more. Act fast for limited-time deals like an LG washing machine for $999.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedAn 80-year-old Perth grandfather thought his Saturday Lotto jackpot win was a phone glitch. After two weeks, he claimed his $2 million prize, planning to share with family.
The Guardian has removed a video from its website without providing any explanation, sparking questions about the decision and content of the removed video.
Ecovacs slashes prices on premium robotic vacuums for EOFY, with the Deebot T90 Pro Omni dropping from $2,299 to $1,599. Save up to 50% on select models.
Uber launches Uber Drift in Japan, offering tourists a rare chance to experience drifting culture. The experience costs $265 for up to four people and runs from June 3 to July 1.
Elon Musk's SpaceX is set for a record $105 billion IPO, potentially exposing 17 million Australian super holders to risky AI and space ventures.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedReserve Bank governor Michele Bullock says higher interest rates are working, but struggling households face up to two more years of cost-of-living pain.
Labor MP Julian Hill claims the government has won the debate on negative gearing and capital gains tax reforms, aiming to give young Australians a fair chance in the housing market.
The Department of Social Services has paid $20 million in redundancies, sparking concerns about job cuts and service delivery. The payout covers 200 staff members.
The Department of Industry has announced a review of $93 million in contracts with consulting firm KPMG, following concerns over value for money and transparency in government procurement.
Canberra's Southern Cross Club's pitch and putt golf course will be redeveloped into new housing, with plans submitted for a mixed-use precinct including homes and community spaces.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedA National Audit Office report found that the Australian National University's council made key decisions without proper debate, raising governance concerns.