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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