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RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, the highest in 15 years. Fourth hike of 2026 adds $100 monthly to $700k mortgages. Markets price 60% chance of sixth hike by mid-2027.
Volkswagen, Audi Recall 2.86M Vehicles Over Steering Bolt Corrosion Risk
Volkswagen and Audi recall 2.86 million vehicles worldwide over steering bolt corrosion that could cause complete loss of steering. Affects Golf, Tiguan, Touran, Caddy, and Q3 models from 2013-2024.
Japan’s Aging Homeowners Rethink Downsizing: Maintenance Costs vs. Freedom
Japanese retirees downsize from family homes to apartments and condos, trading yard work and repairs for lower maintenance. Real cases show pension income and lifestyle changes drive the shift.
Singapore Reviewing Rail Officers’ Property Buys From 2007-2011 After MRT Study
Singapore government reviews property purchases by rail planning officers from 2007-2011 after study claims they disproportionately bought homes near future MRT stations. Cases involving non-public information may be referred to police.
US Military Readies Cuba Contingency Plan Within 120 Days, September 26
U.S. Army Reserve examines deployment of military police, medical, and logistics units to Southern Command within 90-120 days for potential Cuba operation. No deployment orders issued yet.
Pogust Goodhead co-founder demands name removal over Mariana case dispute
Harris Pogust demands Pogust Goodhead remove his name after firm sues 420,000 Mariana dam claimants. Co-founder Tom Goodhead makes same request amid control fight over £36bn case.
China Seizes F-35 Stealth Parts Diverted From Australia on September 24
China has seized F-35 stealth aircraft parts diverted from Australia. A cockpit canopy and weapons-bay door coated with radar-absorbing material were shipped by UPS in May but never reached the US.
Nashville Judge Grants Restraining Order Against Dolly Parton’s Nephew Over Threats
Nashville judge grants restraining order against Dolly Parton’s nephew Bryan Seaver, who allegedly threatened estate staff and managers with violence and extortion after being fired.
City of Whittlesea Refunds $627 Parking Fines After Public Outcry
City of Whittlesea cancels 42 parking fines of $627 each after residents complained they were excessive. CEO Dan Hogan apologised and announced refunds for affected motorists.