Australia news live: Albanese in Brisbane as Tropical Cyclone Alfred remains on course to slam into Gold Coast | Australia news

Key events Show key events only Please turn on JavaScript to use this feature A string of surprisingly strong economic figures have prompted forecasters to increase their expectations for growth in Australia’s gross domestic product, Australian Associated Press reports. The nation’s economy is still expected to record one of the weakest calendar years for economic … Read more

Australians lose more money to gambling in a year than government spends on aged care, report finds | Gambling

Australians are losing more money to gambling each year than the federal government spends on aged care and almost as much as it spends on the national disability insurance scheme, a new report has found. The report by Equity Economics found that despite the cost-of-living crisis, the amount of money being lost to gambling has … Read more

US firm that commissioned Fearless Girl statue quietly ends diversity policies | US news

Investment firm State Street, the company that commissioned the Fearless Girl statue that once faced down the Wall Street Charging Bull sculpture and became a symbol of gender diversity in the workplace, has quietly ended some of its diversity policies as US companies continue to retreat from diversity goals. Last year in its proxy voting … Read more

Egypt proposes $53bn Gaza rebuild as alternative to Trump plan | Gaza

Egypt has proposed a $53bn (£42bn) plan to rebuild Gaza, in a rushed attempt to present an alternative to Donald Trump’s idea for a property development-style plan, which involved a relocation of the Palestinian population that has been widely criticised as effectively endorsing ethnic cleansing. The new proposal, presented at an Arab League summit in … Read more

US designates Yemen’s Houthi group as foreign terrorist organization once again | US foreign policy

The US state department has reinstated the “foreign terrorist organization” designation for Yemen’s Iran-backed Houthi group, fulfilling an order announced by Donald Trump shortly after he took office. The US secretary of state, Marco Rubio, announced on Tuesday the department had restored the designation, which carries with it sanctions and penalties for anyone providing “material … Read more