No recession but inflation hike and increased cost-of-living pressure on the way, Jim Chalmers says

US president said he did not want to make a deal with Iran yet, while claiming that he might hit Kharg Island again ‘just for fun’How have you been affected by the latest Middle East events?Donald Trump has said he is “surprised” that US allies in the Gulf have been targeted by Iran, in an interview with NBC News.The president called these countries “terrific”, adding that “they got shot at unnecessarily.” When talking about Iran’s decision to target them, Trump said it was “the biggest surprise I had of this whole thing.”Lebanon’s health ministry said Israeli strikes have killed 826 people, including 65 women and 106 children, since the start of the war. In a statement today, the ministry said 31 paramedics were among those killed. Local health authorities reported this morning that an Israeli strike killed 12 medical staff at a clinic in the southern town of Burj Qalaouiya.At least 15 people were killed when a strike by Israel and the US hit a factory in the central Iranian city of Isfahan, the semi-official Fars news agency said. There were workers inside the factory, which produces heaters and refrigerators, when the strike hit, Fars reported.Iran issued an evacuation warning for three major ports in the United Arab Emirates on Saturday, including the busiest in the Middle East, the Associated Press reported. Iran claims the US had used “ports, docks and hideouts” in the UAE to launch strikes on Iran’s Kharg Island. It urged people to evacuate areas where it said US forces were sheltering.Trump renewed his call for other nations to help secure the strait of Hormuz and said the US will coordinate with them amid the US-Israeli war on Iran. “The United States of America has beaten and completely decimated Iran, both Militarily, Economically, and in every other way, but the Countries of the World that receive Oil through the Hormuz Strait must take care of that passage, and we will help – A LOT,” Trump wrote in a Truth Social post.The Trump administration rebuffed efforts by Middle Eastern allies to start diplomatic negotiations aimed at ending the Iran war that started two weeks ago with a massive US-Israeli air assault, according to reporting from Reuters.The Israeli military says it killed two senior officials in Iran’s Khatam al-Anbiya Emergency Command in an airstrike on Tehran. In a post on X, army spokesperson Avichay Adraee said Abdullah Jalali-Nasab and Amir Shariat, described as senior figures in the command’s intelligence branch, were killed in the attack.Israel informed the US this week that it is running critically low on ballistic missile interceptors as the conflict with Iran continues, Semafor reported on Saturday, citing US officials familiar with the matter.The Federal Communications Commission (FCC) chair Brendan Carr accused news broadcasters of “running hoaxes and news distortions” amid the war in Iran in a post on X. “Broadcasters that are running hoaxes and news distortions - also known as the fake news - have a chance now to correct course before their license renewals come up,” Carr wrote.Formula One has cancelled the Bahrain and Saudi Arabia grands prix because of the war, underlining the disruption across the Middle East. The races were due to take place on 12 April in Bahrain and 19 April in Saudi Arabia but the sport was approaching the point at which a decision on cancellation needed to be made to prevent more freight being sent to Bahrain. Continue reading...

Underquoting and ‘dummy bidding’ will attract fines of $110,000 in bid to create a ‘fair property market’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe New South Wales government will introduce new laws this week to force property sellers to publish a price guide on all advertising, and impose a fivefold increase to fines for underquoting real estate agents.The government says the draft laws, first flagged last year, are aimed at cracking down on agents providing misleading price estimates on property listings, a practice often used to inflate interest. Continue reading...

In comments to NBC News, US presidents also deflates hope of deal with Tehran, saying ‘terms aren’t good enough’Donald Trump said on Saturday that the United States may carry out more strikes on Iran’s Kharg Island oil export hub “just for fun”, saying that while Tehran appears ready to make a deal to end the conflict, “the terms aren’t good enough yet”.He said the US strikes had “totally demolished” most of Kharg Island, telling NBC News that “we may hit it a few more times just for fun.” Continue reading...

Death comes two months after Alford was jailed for eight-and-a-half years for sexually assaulting two teenage girlsThe actor John Alford has died in prison two months after being jailed for sexually assaulting two teenage girls. Alford, 54, was jailed for eight-and-a-half years in January after he was found guilty of the assaults which occurred during a party at a friend’s home. The actor, who appeared in the drama London’s Burning and BBC show Grange Hill, died at HMP Bure, Norfolk, on Friday, the Prison Service said. Alford, who was tried under his real name, John Shannon, was convicted of four counts of sexual activity with a 14-year-old girl and charges of sexual assault and assault by penetration relating to a 15-year-old girl at a property in Hertfordshire in 2022. Jurors heard during the trial that he had sexually assaulted the girls while they were drunk after a night out at the pub. A Prison Service spokesperson said: “John Shannon died in prison on March 13 2026. “As with all deaths in custody, the Prisons and Probation Ombudsman will investigate.” Continue reading...

Six-day state tour includes visits to Canberra, Melbourne and Hobart and aims to deepen trade tiesDanish royals Frederik and Mary have kicked off their first trip to Australia since taking the throne in the nation’s red centre.The six-day state tour, which includes visits to Canberra, Melbourne and Hobart, aims to deepen trade ties between Queen Mary’s adopted and home countries. Continue reading...

US Central Command says crash followed unspecified incident, and second refueling tanker landed safely in IsraelThe names of two of the six US service members who died when the military refueling aircraft they were aboard crashed over Iraq last week were made public Saturday, revealing a father who had recently been promoted and a beloved son.The Ohio air national guard said that three of the service members came from its 121st air refueling wing in Columbus, while a family from Birmingham, Alabama, confirmed that pilot Alex Klinner was killed in the crash. Continue reading...

Bahrain circuit only 20 miles from targeted US baseRaces unlikely to be replaced because of logisticsFormula One has cancelled the Bahrain and Saudi Arabia grands prix because of the war in the Middle East.The races were due to take place on 12 April in Bahrain and 19 April in Saudi Arabia but the sport was approaching the point at which a decision on cancellation needed to be made to prevent more freight being sent to Bahrain. Continue reading...

Minns government introducing legislation to significantly increase penalties. Follow the day’s updates liveFuel shortages not expected, Chalmers saysJim Chalmers has told Sky the government does not expect Australia to run out of fuel amid the ongoing war in Iran. About a fifth of the world’s oil supplies travel through the Strait of Hormuz and the growing conflict has already played havoc with international prices.We don’t have a model that has petrol prices going that high, but there’s a lot of volatility and a lot of unpredictability in the global oil market.The way these things unfold is ultimately a matter for those officials to determine they’ve done the absolute best they can by these Iranian women under extreme and extraordinary pressure, and often that requires some pretty dramatic and unusual steps, like those which you’ve described. Continue reading...

Brendan Carr posts that he may cancel spectrum permits of ‘mainstream news’ outlets for ‘misleading’ coverageThe Trump administration’s communications licensing tsar fired a warning shot over the US broadcasting industry Saturday, threatening to cancel the spectrum permits of broadcasters pushing what he termed “hoaxes and news distortions”.Federal Communications Commission (FCC) chair Brendan Carr posted on social media that broadcasters running “fake news – have a chance now to correct course before their license renewals come up. The law is clear. Broadcasters must operate in the public interest, and they will lose their licenses if they do not.” Continue reading...

Met police says woman, 43, was detained after newborn girl in Westminster taken to hospital and pronounced deadA woman has been arrested on suspicion of murder after an 18-day-old baby girl fell from a property in central London.The Metropolitan police said officers attended Horseferry Road in Westminster after reports on Saturday morning that a baby had fallen from a residential property. Continue reading...

Exclusive: Queensland Performing Arts Centre board nominated Oodgeroo as their preferred name for the theatre in 2024, but it was not one of the four options put to public vote by the LNPGet our breaking news email, free app or daily news podcastA Queensland government minister intervened to ensure a new theatre would not be named after Aboriginal poet Oodgeroo Noonuccal, overriding the theatre’s board, according to documents obtained under right to information laws.The late artist’s name is also set to be stripped from a state electorate, in draft electoral boundaries released by the state’s redistribution commission this week. The LNP lobbied for the change. Continue reading...