More rate hikes in 2026; Coalition at odds; challenger brands winning mobile battle

Wednesday 4 February 2026

The Reserve Bank lifts interest rates and hints that there could be more hikes later in the year. 

• The federal Coalition parties remain at odds over reuniting. 
• Cheaper, challenger brands are winning the mobile battle in Australia. 
• Elon Musk combines his two private companies as he pushes to develop data centres in space. 
• US owned TikTok changes terms and conditions, upsetting users.

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