ASX pares gains as inflation figures put pressure on RBA

The Sydney Morning Herald - Oct 28, 2026

The Australian sharemarket has shed some of its morning gains after the release of the nation’s latest inflation figures increased pressure on the Reserve Bank to lift interest rates at its meeting next week.

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Beau Lamarre-Condon's arrest captured on video
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The ex-police officer’s double murder trial has heard he called a helpline to report bullying and trauma on the drive to Bondi police station.

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Storms rolled through south-east Queensland on Tuesday, with a lightning strike closing an airport runway for more than eight hours.

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Mitchell Starc turned the Test match around for Australia.

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Oct 27, 2026
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For its autocratic African ally, Taiwan bites its tongue and opens its wallet
Oct 27, 2026
For its autocratic African ally, Taiwan bites its tongue and opens its wallet

Eswatini probably does not register on most people’s mental maps. Its relatively recent name might sound unfamiliar as many people still know it as Swaziland. That it demands attention from pundits like yours truly has much to do with it being the only African country that still formally recognises Taiwan. It is also the continent’s only absolute monarchy. The two facts are closely connected. Recognising Taipei makes little sense when every one of eSwatini’s neighbours recognises Beijing, but it...

El Niño flooding grips Newport Beach in a vise. 'Mother Nature comes to collect some tax'
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A mix of astronomical and tidal events are converging with unusually warm waters off Southern California's coast to push the tides higher than ever before, sending surges of water into beach cities like Newport Beach and Redondo Beach.

Alibaba wins preliminary injunction against Pentagon lobbying rule
Oct 27, 2026
Alibaba wins preliminary injunction against Pentagon lobbying rule

Alibaba has won a preliminary court order blocking a US restriction that drove away its Washington lobbyists, after a federal judge found the Chinese technology giant was likely to succeed in challenging the measure on free-speech grounds. US District Judge Eumi K. Lee ruled on Monday that the government had failed to provide sufficient evidence to justify the restriction, which effectively forces lobbying firms to choose between representing Alibaba and clients seeking Pentagon...

5 things to watch out for in 2027 US defence bill aimed at countering China
Oct 27, 2026
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The 2027 US defence bill, covering more than US$1 trillion in proposed defence spending, will be one of the most closely watched pieces of legislation when Congress returns after the midterm elections, with efforts to counter China running through nearly every corner of the text. The US House of Representatives passed its version of the bill, known as the National Defence Authorisation Act (NDAA), in July. The bill faces a tougher path in the US Senate, where a July procedural vote to begin...

‘Always drama here’: Man shot dead in Reservoir street in suspected targeted attack
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Police are investigating whether a burnt-out car found nearby in Thomastown shortly afterwards is linked to the shooting.


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