Live: RBA Rate Decision Tracker
From aggressive hikes to the first cuts of the cycle, the Reserve Bank’s policy moves have reshaped mortgages, business borrowing and the economy. Below, we break down every rate decision since 2023.
Technology
Mark Zuckerberg says AI costs contributed to layoffs of 8,000 staffers
Meta plans to slash 8,000 jobs at the company, accounting for 10% of its workforce.
The top 10 richest people in the world (May 2026)
There’s a new member of the $300 billion club and a second sibling from America’s richest family among the planet’s ten wealthiest people.
Big tech is on track to spend $1 trillion on AI this year
Tech giants are on pace to double AI spending this year.
Key moments in Elon Musk’s trial against Sam Altman: ‘I was a fool’ to fund OpenAI
Tesla billionaire Elon Musk reportedly declared, “Without me, OpenAI wouldn’t exist,” on the witness stand Wednesday as his testimony in his trial against Sam Altman stretches into a second day.
OpenAI investors Nvidia and Oracle fall after AI giant misses revenue target: reports
One executive told employees that OpenAI may be unable to fund future computing contracts.
Anthropic taps tech veteran to head new Sydney HQ
The AI giant behind Claude has appointed Theo Hourmouzis as General Manager for Australia and New Zealand and confirmed the opening of its Sydney office, as the company expands its enterprise and government footprint in the region.
Tesla beats first-quarter expectations amid pivot to robotics, AI
The automaker said demand for its vehicles has rebounded from recent declines .
Billionaire Robin Khuda’s AirTrunk expands in India with Lumina CloudInfra deal
Data centre investments are surging in India, fuelled by rapid growth in AI and cloud computing. The country’s capacity is expected to rise more than fivefold to 10 gigawatts by 2030 from about 1.5 gigawatts last year, according to consulting firm Deloitte.
Who is John Ternus? The man set to replace Tim Cook as Apple CEO
Cook has been Apple’s CEO for nearly 15 years.