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Swiss GDP Growth Forecast Jumps to 1.7% for 2026 on Pharma Surge
Switzerland raises 2026 GDP forecast to 1.7% from 0.9% after Q2 growth hits 1.5%, strongest since 2021. Pharma drives half the gains, but inflation expected to rise.
France Pushes EU to Use €4.6B Google Fines to Cut Budget Contributions
France proposes using €4.6 billion in Google fines to lower EU member state budget contributions. EU governments are negotiating the 2028-2034 budget amid fiscal pressure.
RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.
ABC Legend Margaret Throsby, 84, Recovering After E-Bike Hit on Shared Path
Former ABC broadcaster Margaret Throsby, 84, is recovering in hospital after being hit by an electric fat bike on a shared path in Illawarra. She suffered a broken hip and head injuries requiring surgery.
US Bans $967M in Canadian Alcohol, Dairy, Motorcycles on September 29
Trump’s ban on $967 million worth of Canadian alcohol, dairy, and motorcycles goes into effect September 29. Spirits exports hit hardest at $673 million USD annually.
FDA Recalls 13,567 Bottles of Chlorthalidone After Dissolution Test Failure
FDA classifies chlorthalidone recall as Class II after 13,567 bottles fail dissolution testing. Inventia Healthcare’s second recall in three months raises quality concerns for blood pressure patients.
PS5 Pro Japan Pre-Orders Open September 28 at ¥137,980
Sony Japan launches PS5 Pro pre-orders at ¥137,980 on September 28. Buyers must have 60+ hours of PS4/PS5 gameplay in the past two years. Lottery system if demand exceeds stock.
First Home Buyers Face $11,200 Borrowing Hit as RBA Hikes Rates to 15-Year High
RBA rate hike on September 29 will cut first home buyer borrowing capacity by $11,200 and add $107-$152 monthly to mortgage repayments. Canstar analysis shows cumulative 2026 reduction of $47,400.
SpaceX Starship Reaches Orbit for First Time, Deploys 26 Starlinks
SpaceX’s Starship reached orbit for the first time on September 28, deploying 26 Starlink V3 satellites. The mission ended early but achieved both primary objectives, marking a major step toward lunar missions.