NAB forecasts interest rates to fall; iconic retailer collapses; World Cup politics

Wednesday 10 June 2026

Consumer sentiment hits 50-year lows while business confidence also takes a hit, as one major bank now predicts the next move in interest rates is down. 

• Apple credits Australia’s social media ban as inspiration for new safety features on iPhones
• The federal Liberal party flirts with One Nation
• An iconic Aussie retailer is set to close
• Football’s World Cup is two days away, as politics threatens to overshadow the sport

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