Top World News
At Tech Trial, Sam Altman Says Elon Musk Wanted 90% Stake In OpenAI
OpenAI counters that Musk -- who is now also an AI competitor with his xAI -- is motivated by petty revenge, having failed to seize majority control of the commercial entity.
Budget 2026 live updates: Treasurer defends budget reforms to ‘broken status quo’; wage growth falls behind inflation
Anthony Albanese defends changes to negative gearing and capital gains tax, which Bill Shorten says will give young people a ‘fighting chance’. Follow today’s news liveSee all our Australia budget 2026 coverageGet our breaking news email, free app or daily news podcastAustralia to send military plane to strait of Hormuz reopening missionAustralia will join an international mission to reopen the strait of Hormuz, with plans to contribute a hi-tech surveillance plane to the effort.Our intention is to contribute Australia’s world-leading E-7A Wedgetail aircraft to this defensive effort.While this platform [the Wedgetail] is already doing work in the region, providing this capability would make a valuable contribution to the multinational mission and efforts to secure freedom of navigation in the strait of Hormuz.We want to see this conflict end, the strait of Hormuz open and freedom of navigation resume. The longer this conflict goes on the more significant the impact on Australia will be. Our government is doing all we can to shield Australians from the impacts. Continue reading...
Crisis of First Nations children in care will worsen under NT child protection reforms, advocates warn
Legal and child advocates have criticised the changes, which include eroding the Aboriginal child placement principle, as ‘dangerous, ignorant and wrong’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Northern Territory government is removing a protection introduced to avoid a repeat of the Stolen Generation as part of sweeping reforms to the child protection system.The draft legislation was revealed alongside details of a major review into the Territory’s child protection system, announced in the wake of the high-profile death of five-year-old Kumanjayi Little Baby in Alice Springs. Continue reading...
13 Killed In Israeli Strikes In Lebanon
Israeli strikes killed 13 people in southern Lebanon on Tuesday, including a soldier, a child and two rescue workers, the health ministry said.
Coalition vows to repeal Labor’s ‘toxic’ negative gearing and capital gains tax budget changes
Opposition leader Angus Taylor and shadow treasurer Tim Wilson say future Coalition government would reinstate generous rules for property investorsFollow our Australia news live blog for latest updatesExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastThe Coalition has vowed to repeal Labor’s proposed changes to negative gearing and capital gains tax if they win power, setting up a major fight before the next election over key tax reform measures from the budget.The shadow treasurer, Tim Wilson, and the opposition leader, Angus Taylor, said a future Coalition government would reinstate more generous rules for property investors, as well as for Australians minimising their tax through trusts, pledging to fight the proposals in parliament in coming weeks. Continue reading...
Trump’s rollback of toxic gas rules limits EPA’s authority to protect public health, analysis says
Ethylene oxide (EtO) is about 60 times more carcinogenic than believed in 2006, research findsA new Trump administration plan to rescind 2024 regulations for toxic ethylene oxide (EtO) pollution more broadly aims to limit the Environmental Protection Agency’s authority to strengthen public health protections around hazardous emissions and could result in more of the toxin being released into the air.Recent research has found EtO is about 60 times more carcinogenic than thought when the last regulations were developed in 2006. In 2024, the Biden EPA passed a rule that strengthened the regulations to reflect the updated science, and required the nation’s EtO emitters to collectively cut their emissions by about 90%. Continue reading...
May 13, 2026
Is Big Brother watching you shop? – podcast
Capital gains tax and negative gearing benefit the 1% and this chart shows it
More than half of the benefit of the CGT concession went to the top 1% of income earners, the most recent data showsWant to get more charts in your inbox every fortnight? Sign up for The Crunch hereThis year’s federal budget includes changes to negative gearing and capital gains (CGT) and discretionary trust tax concessions – policies that some blame for fuelling housing speculation and that disproportionately benefit the richest.The top 1% of lifetime earners alone have received more than $700,000 in tax concessions over their working life from capital gains tax, negative gearing and discretionary trusts, according to figures in the budget. Continue reading...
Louisiana police to pay $4.85m to daughter of Black motorist who died at officers’ hands in 2019
Police and sheriff’s office agree to settlement after Ronald Greene was fatally shocked and punched during 2019 arrestLouisiana’s state police and a local sheriff’s office have agreed to pay $4.85m to the daughter of Ronald Greene, a Black motorist who was fatally shocked with a stun gun, punched and dragged during a 2019 arrest.The settlement agreement was reached during a mediation that concluded on Tuesday evening, according to a source with direct knowledge of the talks. It is one of the more substantial legal outcomes for a death that otherwise yielded only misdemeanor convictions for two of the officers involved. Continue reading...
'I Don't Trust Them': US Senator Turns On Pak Over Iranian Aircraft Claims
At a time when Islamabad had been positioning itself as a neutral channel between Washington and Tehran, a US media report suggested it had allowed Iranian military planes to park on its soil.
Trump's Battleship Will Run On Nuclear Power, Carry Futuristic Weapons
The plan was included in the Navy's latest 30-year shipbuilding roadmap submitted to Congress. Unlike destroyers and frigates, which usually rely on gas turbines or diesel engines, the Trump battleship will use a nuclear reactor for propulsion.
Kash Patel denies excessive drinking allegations as ‘total farce’ in Senate hearing
FBI director also dismisses allegations of unexplained absences as Democrats challenge him over Atlantic reportUS politics live – latest updatesEmbattled FBI director Kash Patel has denied under oath recent allegations of excessive drinking and unexplained absences on the job, dismissing them as “baseless” during a fiery congressional hearing.Democrats challenged him over the “extremely alarming” reports, first reported in the Atlantic mid-April, which they argued would a mount to a “gross dereliction” of duty. The FBI director has sued the magazine, and the author of a story it published, filing a defamation lawsuit in US district court for the District of Columbia that seeks $250m in damages. Continue reading...
Cost of US war on Iran mounting – as it happened
Pete Hegseth and other officials appear before House to face grilling on Iran war expenditure and military operationsIran has expanded its definition of the strait of Hormuz into a “vast operational area” far wider than before the war, according to a senior officer in the Islamic Revolutionary Guard Corps (IRGC) Navy in comments likely to anger the US.The strait is no longer viewed as a narrow stretch around a handful of islands but instead has been greatly enlarged in scope and military significance, according to Mohammad Akbarzadeh, deputy political director of the IRGC Navy, the state-affiliated Fars news agency reported this morning. Continue reading...
May 13, 2026
Trump Posts Graphic Of Venezuela As 51st US State
May 13, 2026