It was a positive start to the week for the Australian share market which rallied on Monday as investors raised their bets that the Federal Reserve and other central banks had finished raising interest rates. Source

Australia, the United Kingdom and America will deploy advanced artificial intelligence to track and surveil submarines in the Asia-Pacific as part of a larger AUKUS-led collaboration to contain threats to democracies in the region, including from a rising China. Source

Defence Industry Minister Pat Conroy has rejected cost and transparency concerns around the federal government’s AUKUS nuclear submarine deal, arguing the program will be critical to defending Australia’s national security amid increasing military build-up and rising global tensions. Source

Hundreds of temporary visas have been issued to desperate Palestinians by the Australian government over the past few weeks as Israel continues its bombardment on Gaza, but Foreign Minister Penny Wong says the situation remains “very difficult”. Source

Delaying the Melbourne Cup Day rate hike would have risked a more aggressive increase to interest rates in the months ahead, fresh meeting minutes released by the Reserve Bank have revealed. Source

What does an unprecedented drought in Central America mean for Australia’s Christmas shopping baskets? We’re about to find out – with a parched Panama Canal struggling to find enough water to shuffle cargo ships between the Pacific and the Atlantic. Source

Australia’s lucrative $3bn subscription video on demand market is confronting a new headwind from cost-conscious young Australians, with four in 10 Gen Zs cancelling a streaming service in the past three months. Source