Natural disasters cost Australia’s economy $2.2bn in first half of 2025, new Treasury analysis shows

Wild weather, including Cyclone Alfred and floods in NSW and Queensland, significantly slowed retail trade and household spending

Six months of natural disasters in 2025 have cost the economy $2.2bn, largely in slower retail and household spending, according to new federal Treasury analysis.

Wild weather has repeatedly battered the Australian east coast this year.

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Ukraine attacks Russian nuclear-capable bombers in Siberia – Reuters

  1. Ukraine attacks Russian nuclear-capable bombers in Siberia  Reuters
  2. 'Russian bombers are burning en masse' — Ukraine's SBU drones hit 'more than 40' aircraft in mass attack, source claims  The Kyiv Independent
  3. Ukraine says at least 40 Russian warplanes hit in massive drone strikes  BBC
  4. Ukrainian Drones Strike Four Military Airfields in Russia  Bloomberg.com
  5. Ukraine stages major attack on Russian aircraft with drones, security official says  Reuters
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Bridge blasts in Russian regions bordering Ukraine ahead of planned peace talks – politico.eu

  1. Bridge blasts in Russian regions bordering Ukraine ahead of planned peace talks  politico.eu
  2. At least seven dead after two Russian bridges collapse  BBC
  3. Seven dead after two Russian bridges collapse in regions near Ukraine  The Washington Post
  4. At least 7 dead, 30 hurt as bridge collapse causes train derailment in Russia  NBC News
  5. Bridge collapses in Russia's Kursk region as freight train passes, regional governor says  Reuters
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China warns US not to ‘play with fire’ on Taiwan as Hegseth brands Beijing ‘imminent’ threat – politico.eu

  1. China warns US not to ‘play with fire’ on Taiwan as Hegseth brands Beijing ‘imminent’ threat  politico.eu
  2. China Urges U.S. to 'Stop Inciting Conflict' in Hegseth Row  Time Magazine
  3. Defense Secretary Pete Hegseth warns about threat from China during Asia trip  NPR
  4. Europe bristles at US proposals at Asian gathering, India-Pakistan hostility on show  Reuters
  5. There is an “imminent” threat to Taiwan, America warns  The Economist
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Gaza in turmoil: Clans emerge as rivals to Hamas’s rule – The Jerusalem Post

  1. Gaza in turmoil: Clans emerge as rivals to Hamas's rule  The Jerusalem Post
  2. 'Anti-terror Service': New Palestinian Militia Operating in South Gaza, Local Sources Say  Haaretz
  3. Armed Gangs, Robberies, Extortion – Chaos Runs Rampant In Gaza  i24NEWS
  4. IDF general: If we don’t kill the last Hamas leader, his own people will—like Gadhafi  Ynetnews
  5. Israel believes Hamas has 40,000 fighters in Gaza, the same number as before the October 7, 2023 attacks  EL PAÍS English
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Ukraine targets Russian airfields in major drone attack – ABC News

  1. Ukraine targets Russian airfields in major drone attack  ABC News
  2. Ukraine’s drone attack the latest in a series of daring David versus Goliath hits against Russian targets  CNN
  3. First satellite images of destroyed Russian aircraft at Belaya airbase appear online  Українська правда
  4. Ukraine live updates: Kyiv and Moscow due to hold Istanbul talks after drone attack on Russian air bases  BBC
  5. An astonishing raid deep inside Russia rewrites the rules of war  The Economist
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