Massive government contracts for the nation’s offshore processing system were won by companies suspected of bribery, money laundering and drugs and arms smuggling, a scathing review has found.

Supermarket giant Coles has signed a major deal with an American data intelligence firm that provides high-level analytical technology to the CIA and the Pentagon.

A popular Australian beer company has entered voluntary administration after almost 10 years of business, citing increasing costs and taxes.

The Australian Bureau of Statistics is celebrating more than 75 years of producing the Consumer Price Index. The CPI is the Reserve Bank of Australia’s preferred measure of inflation. ABS Agency Head David Gruen says the collection of living costs goes back “even further” to about “1912”...

Persistent rumours that Michelle Obama is preparing to oust Joe Biden and run for president have been described as “pure lunacy” – but punters aren’t convinced.