There was an old lady who swallowed a fly, or so the children’s nursery rhyme goes.

Victorian tenants were fighting over fewer than 8000 homes after the state’s rental vacancy rate plunged to a record low in September.

The company founded by Instagram fitness tycoon Kayla Itsines has continued its fight against a former employee in court, arguing the rising influencer’s rival exercise app could cost it up to $1m in lost revenue.

The Albanese Government is taking steps to regulate digital payment wallets, like Google Pay and Apple Pay, in the same way other payment methods are managed.

While the global economy is set to avoid a recession, the fallout from China’s toxic property sector and persistently high interest rates point to an increasingly grim outlook for the Australian economy, the International Monetary Fund (IMF) has warned.