Here’s what’s making headlines today:
- Prime Minister Anthony Albanese is facing blowback from industry groups over his migration overhaul amid fears that regional pubs will shut down and food security will be compromised without enough foreign workers.
- The scientist who transformed advanced melanoma into a treatable cancer and led a recent large-scale trial into a world-first personalised mRNA cancer vaccine has won the research prize at Australia’s premier science awards.
- The problems that have broken the nation’s housing market will take a generation to resolve, one of the nation’s top economists has warned, with calls for governments to boost the supply of properties so that young Australians are not shut out of home ownership.
- A casual remark from Donald Trump has heightened concerns in Britain about its military capacity after the US president seemed to dismiss the idea of helping one of America’s closest allies.
- Commonwealth Bank and Westpac are using a legal loophole to penalise long-term customers who max out their credit cards – dubbed a “loyalty tax” by critics – despite the fees being banned for new accounts more than 14 years ago.
- Hugging Face’s three French founders have emerged as billionaires after the artificial intelligence platform agreed to be acquired by Nvidia a decade after they first started the company with a completely different focus.