Stuart Marsh
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Articles by Stuart Marsh
How Trump’s ‘political sideshow’ could hurt Australian’s hip pockets
The American midterm elections feel a world away for Australians, but the result could affect ordinary Aussies’ household budgets. If Donald Trump’s Republican Party loses the midterms, which is widely predicted, the US could pull back on engagements with Iran. From petrol prices to your super balances, the result of a so-called “political sideshow” could have real monetary consequences.
Carnival axes half its fleet in Australia as cruise exodus continues
Carnival Cruise Line has announced it will halve its fleet servicing Australia as it looks to recoup costs. In March 2028, the Carnival Luminosa and Carnival Adventure will depart, leaving just two ships in local waterways. The exit comes amid other cruise lines sending their fleet overseas due to high operating costs and regulatory conditions in Australia. Australia’s biggest cruise line will halve its fleet servicing local passengers, citing high operating costs and tough regulatory conditions.
Aussie dollar falls to a three-month low. Here’s how it affects you
The Aussie dollar has fallen to a three-month low on the back of hotter-than-expected unemployment data yesterday. Overnight, the dollar retreated 1.1 per cent, to levels not seen since July. The AUD is currently buying 69 US cents. The Aussie dollar has retreated to a three-month low as investors pulled back from expectations of another interest rate hike in November. Overnight the AUD fell 1.1 per cent, sliding back to levels not seen since July.
‘Potentially deadly’: Kmart sued over cosmetic nail glue, button battery products
Australia’s consumer watchdog has commenced legal action against retail giant Kmart over concerns it sold millions of products that breached consumer law. The action specifically concerns units of the retailer’s OXX fingernail glue, and several watches that contained button batteries. The ACCC argues that Kmart’s alleged failure to provide appropriate warnings could prove “potentially deadly”.
Australia’s unemployment rate rises to hotter-than-expected
New data from the Australian Bureau of Statistics (ABS) shows Australia’s unemployment rate has lifted to a hotter-than-expected 4.7 per cent. Data for the month of September showed that 39,000 Australians found employment, while 9,000 Australians left the workforce. Analysts and market expectations had priced in unemployment to stay at 4.6 per cent and around 20,000 Australians to find full-time work.
Coles lift prices of reusable bags by 20% as shoppers fume
Coles has increased the prices of some of its reusable shopping bags, leaving shoppers upset amid a cost-of-living crisis. The supermarket’s paper bags will increase from 25c to 30c, while its larger insulated bags will increase from $4 to $4.20. Shoppers are upset at the change, in light of the supermarket giant posting a $1.09 billion full-year net profit in August.
‘No evidence’ Origin Energy customer data leaked to the dark web
Origin Energy says it has “no evidence” that customer data accessed during a cyberattack in July has been posted on the dark web. The chair of Australia’s biggest energy company addressed shareholders at the company’s AGM this morning, giving a brief update on the hack. Origin admits that the “risk remains” that the data of approximately 900,000 current and former customers could be published.
Why winning $100 million on Powerball could leave you broke
Thursday night’s $100 million Powerball jackpot will be the largest prize offered in Australia in the last 16 months. The winner will receive a life-changing amount of money, but financial advisors warn that immediate wealth comes with a large amount of risk. So what should you do if you win the jackpot? Tell no one and take a breath – otherwise you might lose it all.
OzCar collapses into administration, 90 jobs lost
Australian used car dealer OzCar has collapsed into voluntary administration, weeks after it was handed fines by NSW Fair Trading. Administrators said 90 jobs would be made redundant and four dealerships would be closed as part of a restructure. A further 12 OzCar franchise sites – which are independently owned and operated – will continue running as normal.
Petrol prices top $2.40 nationally: Why Aussie motorists are being hit by overseas wars
The average national retail price of petrol in Australia has topped $2.40 a litre as global conflict continues to push oil prices higher. Petrol prices were last this high nationally in early April 2026, a month after the outbreak of the Iran war. As a net fuel importer, Australia’s motorists are vulnerable to geopolitical shocks. Australia’s national retail petrol price has topped $2.40 per litre for the first time in more than six months.
Virgin Australia tells trade partners it is lifting airfares
Airline Virgin Australia informed travel agents late last week that it was reviewing its fares to counter rising costs. Sustained high oil prices due to a stalemate between Iran and the US, and ongoing tension between Russia and Ukraine, have seen the cost of aviation fuel soar. Aviation fuel is one of the biggest expenses for an airline, accounting for up to 30 per cent of overheads on average.
Hundreds of NRMA customers to receive one-off payment after error found
Hundreds of NRMA Insurance customers will receive a one-off payment plus interest after an error was discovered in its system. A customer’s lawyer notified the insurer that it had not correctly applied indexation to some customer’s weekly payments. A review found that approximately 400 customers are owed money, with the average payment around $940.
Nearly 25% of Aussies delay bills to prioritise mortgage and rent payments, study finds
One in four Australian households report missing or delaying bills to meet their rent or mortgage repayments, a new survey has found. People most often delay electricity and gas bills, followed by car insurance and home internet. As mortgage rates rise and the cost of living squeezes household budgets from all angles, mortgage stress is rising. Almost a quarter of Australians, around 2.3 million households, say they are delaying or missing some bills to prioritise rent or mortgage payments.
ATO to delay credit card ban after business backlash
Treasurer Jim Chalmers has announced the ATO will delay its ban on credit card payments until the next financial year. The ban – which was due to take effect on December 1, 2026 – has been met with backlash from prominent business groups. The ATO says the price of absorbing transaction fees on credit card payments for tax bills is around $200 million annually.
AI data centre giant Firmus pulls bid to go public
AI data centre giant Firmus, which was preparing for one of the biggest share market floats in Australian history, has pulled its bid. Early numbers indicated that Firmus was on track for $44 billion initial public offering (IPO), which would have made it the second-biggest in Australian history. The company said it was pulling its bid due to market volatility and will instead pursue private market funding.
‘Landlords will be forced to sell’: How renters on the brink could hit mum-and-dad investors
Capital city rent growth has stalled across most Australian capital cities, a Domain report has found, despite a severe rental shortage. The report speculates tenants have hit an affordability ceiling, and can no longer absorb further increases without moving or downsizing their rental property. If landlords aren’t able to increase rents, some may be forced to sell in light of rising interest rates and other cost-of-living pressures.
ATO stands firm on credit card ban for tax bills
The ATO remains firm on banning credit card payments for tax bills, despite businesses raising cash-flow concerns. Little progress was made yesterday in a snap meeting between the tax office and a consortium of business leaders. Digital Economy Assistant Minister Andrew Charlton said the government supports the ban and ‚Äúinconsistencies‚ÄĚ between public and private businesses should not exist.
Price of coffee jumps 50c in some cafes after card surcharge ban
New analysis shows that one in six cafes raised the cost of a flat white by an average of 50 cents after the RBA brought in a ban on card surcharges. An online database that tracks the price of a flat white across more than 1500 cafes found 17 per cent of cafes raised their prices immediately after October 1.
Aussies turn to EVs in record numbers as fuel prices jump
Soaring fuel costs are seeing Australian motorists snap up electric vehicles in record numbers. New data shows that almost one in four new cars sold is now fully electric. Two fully electric vehicles are now among the top 10 highest-selling new cars in Australia. Aussie motorists are flocking to fully electric and hybrid vehicles as fuel costs keep skyrocketing, new data shows.
Banks split on next RBA meeting as households ‘rattled’ by hikes
Both ANZ and Westpac now predict the RBA will increase interest rates to 4.85 per cent at its November meeting. NAB believes rates are already high enough and the economy is slowing, while CBA has reserved its forecast, believing that each meeting left in 2026 is now “live.” Economists say Aussie consumers have been “rattled” by interest rate rises and that any more hikes will deepen economic pessimism.
Gus Lamont updates LIVE: Police to speak on latest in search for missing four-year-old
Latest posts PINNED POSTGo to latest 01.38am What are we expecting in the update? While the exact nature of the press conference is unknown, 9News understands police have been pushing for a reward to be offered to anyone who provides information which leads to a conviction in the case. The proposal has been sitting with state parliament for approval and there is now hope it could be revealed as early as Wednesday.
US-Iran War LIVE updates: ‘Bye bye Kharg’: Trump goes on the meme offensive
Latest posts PINNED POSTGo to latest 3m ago9.05PM ‘Bye bye Kharg’: Trump goes on the meme offensive US President Donald Trump has taken aim at Iran in yet another battlefield - social media. Taking to Truth Social, the president unleashed a barraged of AI-generated memes that attack Iran’s economy, it’s ability to produce oil and talking up his military prowess. In one AI-generated image, US fighters blow up Iran’s critical oil pipeline at Kharg Island.
US Politics LIVE updates: Trump doubles down on Harry and Meghan
Latest posts PINNED POSTGo to latest 4m ago8.18PM Trump doubles down on criticism of Harry and Meghan US President Donald Trump has doubled down on his criticism of Harry and Meghan, less than a day after he said he was “happy” that they had left America. In an interview with GB News, Trump said he thought comments made by Harry in his book Spare were “terrible”, and if he were king, he would never speak to them again. “Personally, I would not have taken him back,” Trump told the network.
US Politics Live Updates: ‘No more!’: Trump’s threat to closest ally
Hello and welcome to our live rolling coverage of US politics and the war with Iran, this Monday August 24. Donald Trump has taken another swipe at Canada, saying on his platform Truth Social that the nation wants to be treated like a US state. To this, he cryptically said “no more!“. Another leaked video of Iran’s Supreme Leader has emerged, and in typical fashion it is hard to date when it was shot.
US Politics Live Updates: Iran on the verge of deploying ‘more destructive’ weapons
WatchHow to stream every Premier League match live and on demand Richard Wood Updated August 20, 2026 - 8.53pm. First published at 8.52pm Powered by Latest posts PINNED POSTGo to latest 18m ago8.53PM Iran’s IRGC threatens to deploy more ‘destructive’ weapons if war restarts Iran’s Islamic Revolutionary Guard Corps (IRGC) warned it could deploy more “destructive” weapons if the war restarts, Iranian media said today, after US President Donald Trump said he had paused US talks with Tehran.
Swans players could be stood down after being identified
Nic Negrepontis, Lachlan Harper, Stuart Marsh Victoria Police has released a fresh statement on Tuesday after several Sydney Swans players were spoken to in relation to an allegation of sexual assault at a Melbourne hotel in the early hours of Monday morning. The statement said no one had been arrested or formally interviewed in relation to the ongoing investigation.
US Politics Live Updates: Iran offers $42k bounty for killing US soldiers
Powered by Latest posts 08.48pm Kushner holds rare meeting with Hamas’ leader The meeting between US envoy Jared Kushner and Hamas leader Khalil al-Hayya has concluded, sources with knowledge of the matter told CNN on Sunday. The talks, held in El Alamein, Egypt, also included Board of Peace Director Nickolay Mladenov and came as mediators seek to revive President Donald Trump’s Gaza peace initiative, which was rejected by Israel last week.
RBA interest rates LIVE updates: Borrowers hold breath as agents warn of ‘property recession’
Powered by Latest posts 09.29pm Hello and welcome Hello and welcome to our live rolling coverage of the RBA’s interest rate decision this afternoon, and the implications of its call on the property market. When the decision is handed down at 2.30pm, the central bank is widely tipped to keep the cash rate target on hold at 4.35 per cent.
At least six dead, several injured after student opens fire at high school in Thailand
Stuart Marsh At least six people are dead, including a teacher, and several others have been injured after a student opened fire at a Thai high school north of Bangkok. The shooter, who police say has been identified as a student enrolled at the school, is also dead. The school has been identified as the Debsirin Nonthaburi School, a well-known secondary school. At least 15 people are injured, including two people in a critical condition.
At least one dead, several injured after student opens fire at high school in Thailand
Stuart Marsh At least one teacher has been killed and several others have been injured after a student opened fire at a Thai high school north of Bangkok. The shooter, who police say has been identified as a student enrolled at the school, took his own life at the scene. The school has been identified as the Debsirin Nonthaburi School, a well-known secondary school. Early reports of injuries suggest three others, all students, were shot. All three have been rushed to hospital.
Police respond to shooting at high school in Thailand
Stuart Marsh Police are responding to reports of an active shooter at a high school in Thailand. Royal Thai Police spokesperson Trairong Piwpan said in a short statement that the emergency was unfolding at a school in a province north-west of Bangkok. The school has been identified as the Debsirin Nonthaburi School, a well-known secondary school. Local outlets are reporting that several people are injured and that the shooter remains inside the school. More to come
US Politics Live Updates: Trump spends $4 billion to stop offshore wind farms
Latest posts PINNED POSTGo to latest 1h ago8.47PM Trump administration’s latest buyback of offshore wind leases brings total to nearly $4 billion An offshore wind company said Thursday that it reached a $1.2 billion settlement with the Trump administration to walk away from projects under development off New York, California and Louisiana. This latest agreement brings the total amount spent on such settlements to nearly $4 billion.
US Politics Live Updates: Wild claim Epstein sex crime investigation ‘blocked’ by higher power
Latest posts PINNED POSTGo to latest 34m ago8.58PM State of New Mexico says its Epstein probe was blocked New Mexico’s attorney general has sued the US Department of Justice, accusing it of blocking the state from investigating sex crimes at Jeffrey Epstein’s sprawling ranch near Santa Fe. The lawsuit said the department and Acting Attorney General Todd Blanche stonewalled New Mexico Attorney General Raúl Torrez’s criminal investigation into Epstein and others, taking steps that “actively...
More than a million Aussie borrowers enter 'extreme' mortgage stress as prices plunge
Joseph Sahyoun, Stuart Marsh More than a million Aussie borrowers could find themselves trapped in a “mortgage prison” as extreme repayment stress jumps to highest level since 2024 - and it's lower-income households who are copping the brunt. According to new Roy Morgan research, the nationwide rise is being driven primarily by households earning less than $100,000 and those in lower socio-economic brackets.
US Politics Live Updates: US missile stockpiles ‘dangerously low’
Stuart Marsh Updated August 4, 2026 - 10.45pm. First published at 10.39pm Powered by Latest posts PINNED POSTGo to latest 4m ago10.40PM US military commanders warn key missile interceptor stockpiles ‘dangerously low’ The US military has exhausted nearly 80 per cent of its interceptors for a key missile defence system, and senior US military commanders are warning that the Pentagon’s munitions stockpile is “dangerously low,” according to multiple sources familiar with the matter.
US Politics Live Updates: Trump threatens ‘decapitation’ if deal falls through
Stuart Marsh Updated August 3, 2026 - 9.03pm. First published at 9.02pm Powered by Latest posts PINNED POSTGo to latest 1m ago9.03PM Trump says Iran faces ‘decapitation’ if it doesn’t strike deal US President Donald Trump on Monday said Iran faced “decapitation” if it did not agree a pact to end the conflict between the two nations, saying Tehran had one last chance to strike a deal.
US Politics Live Updates: Iran says ‘Trump the fool has run out of steam’
Latest posts PINNED POSTGo to latest 1m ago10.39PM ‘Trump the fool has run out of steam!’: Iranian media fires back at Trump “Trump the fool has run out of steam!“… “Trump once again backed away from his hollow threats.” Those were some of the rhetorical jibes in Iranian media outlets on Sunday, after US President Donald Trump claimed the foundations had been laid for a deal with Tehran – subject to a swift mechanism to open the Strait of Hormuz for all shipping.
AI model hacks three companies after it was mistakenly given internet access
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AI model hacks three companies after mistakenly given internet access
Stuart Marsh One of the world's most highly used AI models went rogue and hacked into the systems of three companies during a testing phase in which it was mistakenly given internet access. AI firm Anthropic said that during configuration testing of its large language model Claude, the AI was able to “exploit weak passwords and unauthenticated endpoints” of three separate companies after it exploited a loophole that gave it access to the net from testing environments.
US Politics Live Updates: Fears of new war front as drone strike hits near Suez
Latest posts PINNED POSTGo to latest 2m ago8.39PM Egypt says fire at critical port near Suez Canal was caused by a drone A fire that broke out on two vessels at Egypt’s Mediterranean port of Damietta on Wednesday was caused by a drone, according to the Egyptian cabinet. No party has claimed responsibility for the incident, officials added, which took place during cargo operations at a liquefied natural gas terminal. No injuries or deaths were reported.
Australia inflation rate Live Updates: Cautious borrowers await consumer price index
Latest posts 1m ago12.42AM RBA boss yesterday warned of a potential fourth cash rate hike Reserve Bank of Australia (RBA) Governor Michele Bullock has warned households of a potential fourth cash rate hike in a matter of weeks as she sounded the alarm about the headwinds battering the economy. On Tuesday, Bullock provided the clearest indication yet that her central bank is seriously considering increasing interest rates at the next meeting on August 11, following three hikes to start the year.
US Politics Live Updates: Trump scolds Netanyahu hours before public meeting
Latest posts PINNED POSTGo to latest 6m ago8.23PM Trump scolds Netanyahu hours before public meeting US President Donald Trump publicly scolded Israeli Pm Benjamin Netanyahu just hours before the pair met for a largely positive meeting at the White House. Speaking to US outlet Fox News, Trump expressed frustration at reports that Netanyahu would bring valuable intelligence to the White House to present as a gift to Trump.
Live Updates: Cafe closes doors as nationwide alert warning system just hours away
April Glover Updated July 27, 2026 - 2.39am. First published at 2.38am Powered by Latest posts PINNED POSTGo to latest 1m ago2.38AM So, why is my phone going to ring? Your phone is going to blast with a loud alarm at 2pm - but no need to panic. It’s just a test. The federal government’s AusAlert test will run at 2pm AEST, 1.30pm ACST and 12pm AWST today. It will trial a system used to deliver emergency messages to the Australian public.
US-Iran war Live Updates: 'They're bad people': Trump's extraordinary spray at European nation
Latest posts PINNED POSTGo to latest 4m ago8.39PM US launches fresh strikes against Iran The US is right now carrying out a second round of strikes against multiple targets in Iran. In a post on social media, US Central Command said the strikes were happening directly at the request of President Trump.
Several reports made to authorities before mother allegedly murdered son, as police probe if cannibalism is a factor
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US-Iran war Live Updates: Mystery as Supreme Leader missing from funeral
Latest posts PINNED POSTGo to latest 1m ago8.39PM New Supreme Leader Mojtaba Khamenei's whereabouts remain a mystery Even as huge crowds fill the Iranian capital for funeral ceremonies for the slain Ayatollah Ali Khamenei, who died in a US-Israeli strike, the whereabouts of his son, Iran’s new supreme leader, remain unknown. Mojtaba Khamenei is yet to make a public appearance, adding to doubts about his health and fueling questions over who is leading the nation.
US Politics Live Updates: Trump's bizarre doctor video lampoons celebrities
Richard Wood Updated July 2, 2026 - 9.08pm. First published at 9.03pm Powered by Latest posts PINNED POSTGo to latest 16m ago9.07PM Trump posts bizarre video lampooning celebrities The US President is back on social media - this time posting an AI-generated video of himself as a doctor lampooning a number of well-known celebrity detractors. In the video, Donald Trump is dressed as a doctor and asks if people have been dioagnosed with “TDS”, or “Trump Derangement Syndrome”.
US Politics Live Updates: US politician's wild plan to ban pregnant women from the US
Richard Wood Updated July 1, 2026 - 8.48pm. First published at 8.44pm Powered by Latest posts PINNED POSTGo to latest 14m ago8.48PM Congressman's wild plan to stop pregnant women from the US US congressman Andy Ogles has put forward the “Anchors Away Act”, a bill that would refuse pregnant non-citizens from entering the country. In a wild Facebook post describing the bill, Ogles said the US was in danger of being “colonised”.
COVID-19 infection inside aged care facilities is inevitable: PM
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US-Iran War Live Updates: Iran says 'no meetings' despite Trump whispers
Ask EffieGot a money question you want answered? Tell us here Stuart Marsh Updated June 29, 2026 - 8.23pm. First published at 8.22pm Powered by Latest posts PINNED POSTGo to latest 1m ago8.23PM Iran says 'no meetings' despite Trump whispers There are mixed signals in the Middle East this morning on whether peace talks will resume. An hour ago, Iran said no negotiation meetings were scheduled with the US “at any level” - despite comments on the contrary by Donald Trump.
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