Big Australian Banks Raise Mortgage Rates, Delay Savings Rate Hikes After RBA Decision

February 6, 2026

Big Australian Banks Raise Mortgage Rates, Delay Savings Rate Hikes After RBA Decision

Following the Reserve Bank's rate hike, major Australian banks quickly increased mortgage rates but hold back on raising savings rates. Banks play 'wait and see,' causing delays for savers waiting for higher interest earnings.

GHMC to Share High-Rise Building Revenue with HMDA Following State Approval

February 5, 2026

GHMC to Share High-Rise Building Revenue with HMDA Following State Approval

The Telangana government has approved HMDA’s control over approvals for buildings with over 10 floors, even in expanded GHMC areas. GHMC will lose exclusive revenue from premium real estate spots like Kokapet and Ghatkesar. The move aims to sustain HMDA’s funds for infrastructure work.

Dubai Thrives as Expats Flock for Tax-Free Wealth and Luxury Homes

February 5, 2026

Dubai Thrives as Expats Flock for Tax-Free Wealth and Luxury Homes

Dubai's booming property market draws buyers from UK, US, and Europe. With zero income tax and luxury living, expats like Aidan Doyle see incomes soar. Celebrities and billionaires invest big, fueling growth and a vibrant business scene.

Record $131m Donated to Australian Parties Before 2025 Election, Tech and Fossil Fuels Lead

February 5, 2026

Record $131m Donated to Australian Parties Before 2025 Election, Tech and Fossil Fuels Lead

Ahead of the 2025 Australian election, political parties received a record $131 million in donations. Tech firms gave over $13m, fossil fuels $10m+, with Clive Palmer donating $53m to his own party. Lobby groups, gambling, hotels, and finance also contributed large sums, while over $138 million remains undisclosed as 'dark money'.

Adani Donated $600K+ to Queensland LNP Pre-2024 Election, Delay Sparks Outrage

February 5, 2026

Adani Donated $600K+ to Queensland LNP Pre-2024 Election, Delay Sparks Outrage

Adani gave over $600,000 to Queensland’s LNP before the 2024 state election but didn’t report it for a year. Critics say this exploits federal funding loopholes and hides cash from voters.