Daily brief
Prime Minister Anthony Albanese has intervened on fuel supply security as the opposition Coalition suggests a potential pause on sanctions against Russian fuel imports to address shortages. The government is facing pressure over a series of cancelled fuel shipments and rising prices.
The Australian share market has extended its losses, with bonds, gold, and stocks selling off amid a reported $300 billion slump for the ASX this month.
A mine fast-tracked to boost Australia's solar manufacturing is instead exporting its critical mineral output to China, according to a report.
The Tech Council of Australia states that data centres are the foundation of the nation's artificial intelligence capability and future economic growth.
Chinese electric vehicle brands have set a new record for sales in the Australian market.