Inequality campaigners have highlighted a new rich list showing that the wealth of Australia's billionaires has surged by almost $50,000 per minute over the past year. The analysis by Oxfam Australia, based on the 2026 Australian Financial Review Rich List, reveals a collective increase of $25.67 billion.
Expenses Repaid
Former Liberal senator Linda Reynolds has paid back nearly $8,800 in parliamentary expenses after her partner claimed family reunion allowances to visit his son in Melbourne while en route to meet her in Canberra.
Barnaby Joyce in Spotlight
Barnaby Joyce of One Nation will be the headline act at an anti-abortion rally in Sydney tonight, supporting a bill by Libertarian MP John Ruddick to restrict abortion. This reflects how the rise of the minority party in polls is drawing attention to the issue.
Cancer Drug Hope
A smart drug that stops cancer cells from hiding from treatment can shrink tumours by at least 30% in six common forms of the disease, according to early trial results.
Aukus Inquiry
Former environment minister Peter Garrett will lead an independent inquiry into the Aukus defence pact, launched by a group of Labor veterans and public figures. Garrett argues that Aukus may make Australia less safe and turn it into a nuclear target.
Senate Estimates
This week's Senate estimates offer the Coalition a chance to scrutinise the government's budget proposals.
World News
Mandelson Critique
Disgraced Peter Mandelson exchanged WhatsApp messages with a senior cabinet minister criticising Keir Starmer's lack of verve and tendency to buckle under pressure, suggesting the UK prime minister should be more Trumpian.
Iran Vow
Iran says it is suspending all further contacts through mediators with the US over the Israeli offensive in Lebanon as the two sides skirmished amid a faltering ceasefire. Israel's capture of Beaufort Castle has shocked Lebanon.
Chip Advance
Nvidia says its latest AI chip development could replace the mouse and keyboard in how people use computers.
Market Chat
Anthropic, the AI firm behind the Claude chatbot, has announced it will float on the stock market with a valuation expected at about US$1 trillion.
In-depth
One key impact of federal budget reforms is that investors must look at established properties based on actual profitability, leaving more space for first home buyers, writes Jonathan Barrett.
Not the News
In our latest rookie era feature, Philippa Chandler writes about taking on a long-distance hike in Tasmania, returning with a sense of achievement, smelly socks, and a thousand photos of moss.
Sport
World Cup
Tony Popovic's young squad has been welcomed but faces challenges against more experienced opponents in Group D.
Tennis
Serena Williams will return to top-flight action next week at Queen's Club in London.
Football
Jonathan Wilson reckons PSG stand among the greatest teams after defending their European title, while England legend Kevin Keegan has announced stage-four cancer.
Media Roundup
More than half of Australia's universities have dropped in global rankings, reports the Sydney Morning Herald. Victoria's anti-corruption agency will get more powers to investigate misuse of public funds on big construction sites, according to the Age. Two women were rescued from quicksand on a South Australia beach, the Advertiser reports.
What's Happening Today
- Economy: Minimum wage decision by Fair Work Commission, building approvals data, RBA board member Ian Harper speaks in Melbourne.
- Indigenous affairs: Friends of Australian Rock Art bring a case against the state government and Woodside at the Supreme Court of Western Australia.
- Canberra: National Press Club address by Michael Liebreich on clean energy.
Sign up for the Breaking News Australia email to receive this Morning Mail update every weekday. Follow US politics by signing up for This Week in Trumpland.
And finally, here are the Guardian's crosswords: Quick crossword and Cryptic crossword.
