⚠️ $1.2B SYDNEY AI DATA CENTRE SCRAPPED

Goodman Group has abandoned plans for a $1.2 billion AI data centre in Lane Cove West after strong local opposition.

The 90MW facility was planned near homes and Lane Cove West Public School.

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🚨 AUSTRALIAN ACTIVIST ALLEGEDLY ABDUCTED BY VIETNAM

Melbourne man Hiep Tran, 50, has been missing since September 18 after travelling to Cambodia to meet Vietnamese human rights activists.

His group, Viet Tan, alleges Vietnamese authorities abducted him in Cambodia and forcibly took him across the border into Vietnam.

Vietnamese state media reportedly claims Tran was detained after illegally entering the country.

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⚠️ RBA HIKES INTEREST RATES TO 15-YEAR HIGH

The Reserve Bank has lifted the cash rate by 0.25% to 4.60%, its fourth rate hike of 2026 and the highest level since 2011.

The RBA says inflation remains too high and warned rates could rise further if needed.

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🚨 NSW GOVERNMENT RESISTS COURT REVIEW INTO ALLEGED $3.5B STAMP DUTY OVERCHARGE

The NSW Government is resisting calls for a Supreme Court review into claims home buyers have been overcharged billions in stamp duty since 2022.

The Real Estate Institute of NSW says tax brackets were indexed incorrectly, while the government maintains its calculation is legally sound.

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⚠️ CITY OF MELBOURNE DROPS PUSH TO CHANGE AUSTRALIA DAY DATE

Melbourne City Council has voted to abandon its official campaign to move Australia Day from January 26, reversing a position adopted in 2022.

The council will recognise January 26 as Australia Day and investigate bringing back the city’s Australia Day parade.

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🚨 AUSTRALIAN INFLATION JUMPS TO 4% AFTER RBA RATE HIKE

Australia’s annual inflation rate has surged from 3.5% to 4.0%, according to fresh ABS data released today.

The figures come just one day after the RBA lifted interest rates to 4.60%, their highest level in 15 years.

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⚠️ SYDNEY SOLAR COMPANY COLLAPSES OWING $3.4M AFTER TAKING BATTERY DEPOSITS

Macarthur Solar has collapsed after customers paid thousands of dollars in deposits for battery systems that were never installed.

Building Commission NSW says it is investigating after receiving more than 100 complaints, while liquidator records show the company owes almost $3.4 million to more than 79 unsecured creditors.

Some customers reportedly paid deposits as high as $17,600.

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