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One Nation proposal would abolish offshore gas profits tax and acquire 30% equity in new projects in a move the Coalition says is ‘borrowed from Venezuela’Get our breaking news email, free app or daily news podcastOne Nation has vowed to replace the contentious offshore gas profits tax and acquire 30% equity stakes in new ventures under an interventionist policy designed to extract “vastly greater returns” for Australian taxpayers from the resource.The proposal for the commonwealth to co-own gas projects drew a mix of criticism and cynicism from the government, industry and the Coalition, which accused One Nation of importing ideas from Venezuela. Continue reading...

Export’s performances scandalised Austria in the 1960s, but are now recognised for exposing the objectification of the female bodyValie Export, the Austrian performance artist and film-maker who inverted the male gaze in ways that were provocative, shocking and often outrageously fun, has died aged 85.The artist’s own foundation announced on Thursday evening that Export died in Vienna earlier the same day, three days before her 86th birthday. Continue reading...

• Nvidia released stellar quarterly earnings on May 9, 2026, but results were clouded by ongoing US export controls restricting advanced chip sales to China. • The company agreed to a 15% revenue-sharing deal with the US government on China sales to overturn the controls, allowing resumed exports of certain AI chips. • This arrangement highlights escalating US-China tech tensions, impacting Nvidia's growth in its largest overseas market amid broader semiconductor restrictions.

The PM is clearly not prepared to risk backlash from Asian energy trading partners during a fuel crisis – but his government will face domestic challenges if it doesn’t move eventuallyGet our breaking news email, free app or daily news podcastTwo separate events on Monday – one in rain-soaked Canberra, the other in sunny Gladstone – neatly explain why the federal government won’t pursue a new gas export tax in next week’s budget and why it might have no choice but to do so in the future.In the nation’s capital, Anthony Albanese hosted his Japanese counterpart, Sanae Takaichi, for annual leaders’ talks that coincided with the 50th anniversary of the signing of a landmark treaty between the two nations. Continue reading...

UK was close behind, exporting 675,000 tonnes, with much of the waste sent to Turkey, Malaysia and Indonesia Germany was the world’s largest exporter of plastic waste in 2025 and sent more than 810,000 tonnes abroad, according to analysis of trade data carried out for the Guardian.The UK followed close behind, according to the analysis by Watershed Investigations and the Basel Action Network. It exported more 675,000 tonnes, its highest level in eight years and enough to fill about 127,000 shipping containers. Continue reading...

The fuel crisis is seeing more voters keen to shift to renewable energy rather than stick with fossil fuelsGet our breaking news email, free app or daily news podcastA majority of Australians support taxing profits from gas exports and extending the cut to the fuel excise, according to the latest Guardian Essential poll, despite Anthony Albanese on Wednesday ruling out a new tax on existing gas export contracts.The poll also found the fuel crisis is seeing more voters keen to shift to renewable energy rather than stick with fossil fuels. Australians also say they’re already cutting back on travel, switching to public transport and reducing their use of aircon and heating amid the global fuel uncertainty. Continue reading...

Prime minister says the middle of a global fuel crisis is ‘the worst possible time to jeopardise’ Australia’s partnerships with Asian trading partnersThe prime minister, Anthony Albanese, has confirmed next month’s federal budget will not include a new tax on existing gas export contracts as he criticised the “populist” campaign calling for a levy on producers.As reported last week, Albanese was poised to reject pressure to introduce a 25% tax on gas exports amid concerns the intervention could alienate the same Asian trading partners Australia is relying on for supplies of diesel and petrol. Continue reading...