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Australia politics live: Anthony Albanese says tax reforms ‘make system fairer’ and backs Paul Hogan on Pauline Hanson

The prime minister tells 7.30 the housing market was ‘broken’. Follow today’s news liveGet our breaking news email, free app or daily news podcastGood morning and welcome to our live politics blog, as the last week of parliament before the winter break rolls on. I’m Martin Farrer with the top overnight stories and then it will be Krishani Dhanji with the main action.Anthony Albanese has defended the government’s housing reforms, telling 7.30 last night that he didn’t want to live in a country de...

Will Andy Burnham's devolution plan raise economic growth?

Will Andy Burnham's devolution plan raise economic growth?Image source, Getty ImagesByBen ChuPolicy & Analysis Correspondent, BBC VerifyPublished2 minutes agoAndy Burnham promised the "biggest rebalancing of power our country has seen" as part of his plans for the UK if he becomes the next prime minister.In his first major policy speech, Burnham said on Monday he would seek to take power away from Whitehall and devolve it to all parts of the UK. This would include Greater Manchester and other ci...

State pensioners could get nearly £6,000 a year in DWP support thousands fail to claim

Thousands of state pensioners could be missing out on almost £6,000 a year in Department for Work and Pensions (DWP) support through a little-known benefit designed to help those with health conditions or disabilities.Attendance Allowance provides tax-free financial support to people over state pension age who need help with personal care because of a physical or mental health condition.The higher rate of Attendance Allowance increased from £110.40 to £114.60 per week in April, giving eligible c...

EU sets up three months of talks with China over €360bn trade deficit

Two sides agree to try to make bilateral relationship ‘more balanced’ after weeks of threatsThe EU and China have agreed to enter three months of talks to try to avoid a trade war over the bloc’s €360bn (£310bn) annual import/export imbalance.In their first joint statement in seven years, the two sides agreed in Brussels to open a formal trade consultation after weeks of threats and recriminations from China if the EU imposed any measures to stop the flood of goods and components into the bloc....

What is Andy Burnham’s economic and political blueprint for Britain?

Plans include greater regional power, public ownership of utilities and the end of trickle-down economics Andy Burnham vows to set up No 10 North as ‘nerve centre of rewired Britain’Andy Burnham’s speech at the People’s History Museum in Manchester was the first time we saw the man likely to be Britain’s next prime minister set out his vision for power.He promised “good growth in every postcode” in a speech that focused on a significant transfer of power out of Whitehall to local communities and...

Hastings avoids sanction for making contact with injured Bradford player

Jackson Hastings has not been charged by the RFL's Match Review Panel (MRP) after he appeared to touch injured Bradford forward Will Gardiner during St Helens' 40-10 victory over the Bulls on Saturday.

Thai-based crypto investor funding Reform unlikely to avoid cap on overseas donations

Christopher Harborne, who also gave Nigel Farage £5m ‘gift’, reported to have registered to vote in HampshireChristopher Harborne, the Thailand-based crypto investor who has given millions of pounds to Reform UK, would be unlikely to get around a planned cap on overseas political donations even if he has registered to vote in the UK, it is understood.Harborne, who also gave Nigel Farage, the Reform leader, £5m as a “gift”, has registered to vote in Hampshire, the Times reported, with a spokesper...

Major British energy firm fined £569,157 by HMRC after breaching Russia sanctions

Petrofac Facilities Management Limited has been ordered to pay £569,157 to HM Revenue and Customs (HMRC) after breaching UK sanctions imposed on Russia during its withdrawal from the country.The Aberdeen-headquartered energy services company became the first business to be publicly identified after agreeing what HMRC described as a compound settlement, under which a company pays a financial penalty to avoid court proceedings.The breaches occurred during 2022 and 2023 while Petrofac was exiting i...

Migrants using ECHR to avoid deportation will cost £4.9billion as claims skyrocket under Labour

Migrants who use the European Convention on Human Rights to stay in the UK last year will cost the taxpayer £4.9billion over their lifetimes, the Home Office has admitted.Statisticians in the Home Office estimated the cost of granting a migrant the chance to remain because of their right to a family life was £141,000 per individual over their lifetime. The calculation, which has been described as the first of its kind, also took into account that asylum seekers would eventually pay taxes.Around...

US petrol prices ease despite ongoing uncertainties with Iran

US–Iran peace talks ease market volatility, but uncertainty keeps oil prices hovering, complicating recovery efforts.

Burnham's Manchesterism could change the UK, but is not yet a full economic plan

Burnham's Manchesterism could change the UK, but is not yet a full economic planImage source, AFP via Getty ImagesByFaisal IslamEconomics editorPublished1 minute ago"True to the motto of this city, I am going to do things differently," Andy Burnham declared, a reference to the film 24-Hour Party People.His speech in Manchester did indeed show a rather different way of seeing and running the UK.The departing Greater Manchester mayor presented a diagnosis of what has caused economic malaise, roote...

إشراقة جديدة: كل ما تحتاج معرفته عن انطلاق الدوري الإسباني 2026!

إليك السر الذي يجعل وارن بافيت أغنى رجل في العالم: القاعدة رقم 1 للاستثمار!

وارن بافيت، أسطورة الاستثمار، لديه قاعدة واحدة تؤكد على النجاح المالي: استثمر في ما تعرفه. اكتشف كيف حول هذه القاعدة البسيطة إلى ثروة تقدر بـ 100 مليار دولار!

Unlocking Warren Buffett's #1 Investing Secret: How His Simple Rule Created Billions

What if the key to wealth was simpler than you think? Discover Warren Buffett’s #1 rule that has propelled him to a staggering net worth of over $100 billion and learn how you can apply this wisdom to your own investment strategy!

Major British housebuilder collapses into administration with 77 jobs at risk

A South West housebuilder partly owned by former Conservative MP David Heathcoat-Amory has collapsed into administration, putting 77 jobs at risk after efforts to secure a rescue deal failed.Devonshire Homes Limited has appointed administrators from Alvarez & Marsal Europe LLP to oversee the insolvency process after being unable to find fresh investment or raise sufficient funds through asset sales.Only Devonshire Homes Limited has entered administration, with other associated businesses and dev...

Andy Burnham considers new war on free speech with Hugh Grant-backed clampdown on newspapers

Andy Burnham is set to consider a new war on free speech by clamping down on newspapers, with support from a Hugh Grant-backed Hacked Off. Hacked Off has spent 15 years campaigning for state regulation on Fleet Street, and for the second part of the Leveson inquiry into the culture and ethics of the press following the Rupert Murdoch phone hacking scandal. Mr Grant has urged Labour's incoming leadership to revive efforts to tighten press regulation, arguing a change at the top presents a fresh o...

Newsom under fire as California gas tax hike sends pump prices even higher

FIRST ON FOX: California motorists are set to pay even more at the pump starting Wednesday as another gas tax increase takes effect, prompting some of the state's Republican lawmakers to warn that added costs will further squeeze residents already shouldering some of the highest fuel prices in the nation.California’s GOP congressional delegation, led by Rep. David Valadao, R-Calif., is urging Gov. Gavin Newsom, D-Calif., to suspend the planned 2.2-cent-per-gallon hike, which would raise the stat...

Biden's illegal immigration surge caused higher rent and home prices, Fed study finds

A new Federal Reserve working paper found the record surge in illegal immigration during the Biden administration came at a cost to one of the nation's fiercest political debates: higher home prices and rent rates.The findings arrive as immigration remains a defining political issue, with Republicans arguing former President Joe Biden's border policies strained housing and public resources while Democrats have pointed to immigration as helping ease labor shortages and support economic growth.The...

Andy Burnham says he’ll deliver a circuit breaker to transform the U.K. economy if he becomes leader

MANCHESTER, England — Andy Burnham, likely the next U.K. prime minister, pledged Monday to give away a chunk of his power by handing greater autonomy to local leaders in a “circuit-breaker” for the sclerotic British state

How Elon Musk's Daily Routine Generates $300 Million: The Secrets Behind His Billion-Dollar Empire

Ever wondered how Elon Musk manages to rake in a staggering $300 million daily? Discover the daily habits and routines that fuel the visionary behind Tesla and SpaceX, and learn how you can adopt them too!