$36b Santos deal collapses; Aust-PNG alliance; RBA declares victory over inflation

Thursday 18 September 2025

It’s been a frantic 24 hours in politics, with Prime Minister Anthony Albanese signing an alliance with Papua New Guinea, Opposition Leader Sussan Ley giving a major economic speech, and Donald Trump berating an Australia journalist, threatening to talk to Albanese about him. 

And more, including:

• The Abu Dhabi National Oil Company pulls its $36b bid for Santos
• The Reserve Bank almost declares victory over inflation. 
• BHP cuts coal mining jobs in Queensland. 
• Dire consequences in Europe from climate change.
• Pets start boarding Virgin flights. 

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