New Zealand tipped to enter a recession in 2023, Australia ranks 9th best nation for living with covid, CBA hikes fixed interest rates by 140 bps, and MORE.

PM Albanese commits to 43% emissions reduction target in Paris, Qantas reduces commissions with travel agents, New Zealand PM Jacinda Ardern warns NATO of China's rejection of international norms, + MORE.

NATO labels China a "challenge" to the organisation and is set to increase military presence in Europe, Netflix to focus on Asia Pacific to rebuild from significant losses, ASIC overturns appeal against payday lending company, and MORE.

Russia defaults on foreign debt for first time since 1918, Aussie Millennials on par with Boomers in population share, G7 leaders consider placing price cap on Russian oil, + MORE.

ASX futures point to strong share market opening today, China's economy sees muted improvement in June, 30% of homes listed for auction last week withdrawn, + MORE.

UBS analyst claims earnings downgrade cycle has begun, lithium company stock Lake Resources sheds more than 50% in three days, a simple balancing act could determine life expectancy, + MORE.

Treasury considers higher taxes for landlords, capital gains and super, Fed chair Jerome Powell doesn't write off possibility for 1 percentage point rate rise, Labor sides with RBA over wage rises, and MORE.

Chinese demand for iron ore slows, RBA boss warns of more pain in coming months, NSW teachers to go on strike in protest for higher wages, + MORE.

Qantas chief calls for better infrastructure around biofeuls for the aviation industry, China buys US$7.5 billion of Russian oil in May, Colombia elects left-aligned president, and MORE.

BTC drops below US$20,000 over the weekend, US rejects China's latest claims over Taiwan, coal and gas necessary part of transition to renewables, and MORE.

US envoy believes China will continue Covid Zero into 2023, Bank of England raises rates by 25bps, Albanese says he will not kowtow to Greens on 43% emissions target, and MORE.

Federal Reserve raises rates by 75 bps, close to 2.8 million Aussie workers set for pay rise, consumer confidence at its lowest since 1990 recession, + MORE.