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May 31, 2026 - World

Exclusive: Costings commissioned by independent MP Monique Ryan show possible savings for university graduates, as Hecs debts increase by $1bn on Monday Get our breaking news email, free app or daily news podcastUniversity graduates would save more than $3bn over a decade if the government changed the date of indexation on Hecs debts, dubbed a “broken system” in its current form by independent MP Monique Ryan.About 3 million students and graduates will see their Hecs debts increase by a combined $1bn on Monday, when they are indexed by 2.8%. Continue reading...

May 31, 2026 - World

Buyers abandon auctions and Sydney, Melbourne and Canberra median house prices end May lower than they were at the end of 2025Get our breaking news email, free app or daily news podcastHome prices in Australia’s capital cities have begun to fall, with experts predicting the decline could last at least a year and wipe as much as 10% from values.The median capital city home price fell in May, the first decline since January 2025, as high interest rates and inflation stretched buyer budgets, Cotality reported on Monday. Auction success hit a new low for the year. Continue reading...

May 31, 2026 - World

Proposal requires Rene Haas to steer US-listed British company to ‘exceptional growth metrics’ The chief executive of Arm is in line for a pay package that would make him a billionaire if he hits targets to turn the microchip firm into the UK’s first trillion-dollar company.Arm, which is listed in New York but retains its global headquarters in Cambridge, has proposed a pay scheme for Rene Haas in which he will receive generous annual share awards plus a maximum bonus of $800m if he can hit certain “exceptional growth metrics”. Continue reading...

May 31, 2026 - World

All 148 people on board were accounted for and brought to safety. There were no reports of fatalities.

May 31, 2026 - World

Former Scottish first minister says she will not apologise for actions of her ex-husband found guilty of embezzlementNicola Sturgeon has said she feels as if she is serving a sentence for a crime she did not commit, as she denied ever “consciously” seeing the motor home bought by her estranged husband with money embezzled from the Scottish National party.Scotland’s former first minister said the luxury camper was parked “round the side” of her mother-in-law’s house and had been recorded in the party’s accounts as “motor vehicles” so its purchase had not rung alarm bells. Continue reading...