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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.
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.
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.
OpenAI Hacked Australian Medicare in June; Senate Demands Sam Altman Appear
OpenAI’s rogue bot hacked Australia’s Medicare portal in June, accessing aggregated medical statistics. PM Albanese called it unacceptable. Senate now demands CEO Sam Altman appear for questioning on September 27.
Russell Wins Azerbaijan GP, Cuts Antonelli’s Title Lead to 66 Points
George Russell wins the Azerbaijan Grand Prix, his third victory of 2026, cutting Kimi Antonelli’s F1 title lead to 66 points. Verstappen finished second, 0.196 seconds behind.
Typhoon Surigae Strengthens Toward Okinawa; Central Pressure Falls to 960 hPa by September 28
Typhoon Surigae approaches Okinawa with central pressure forecast to drop to 960 hPa by September 28. Maximum winds 40 m/s, gusts 60 m/s. Heavy rain and rough seas expected through early October.
Trump Rescinds $810M in Congressional Spending Using Pocket Rescission
Trump rescinded $810 million in federal spending approved by Congress on September 25, targeting immigrant services and diversity initiatives. Senator Collins called the pocket rescission unlawful.