Sky News host Steve Price says Australians are “waking up” to the damage the Albanese Labor government are doing to the economy. “Just what does he campaign on, because if you ask the Trump question, do you feel better off after three years of Labor, the answer I think, in general, would be no,” Mr Price said. “We have a housing crisis, and a cost-of-living crisis, interest rates have either gone up or been on hold for his entire term.”

Australia is well placed to capitalise on the global artificial intelligence boom due to its infrastructure, startup ecosystem, and construction of new data centres. A new report released this week by Microsoft expects the AI economy in Australia to generate $18.8 billion in revenue by 2035. Microsoft Australia and New Zealand Managing Director Steven Worrall joined Sky News business reporter Ed Boyd to discuss Microsoft's report.

A woman's body has been found in Sydney's west. Emergency services were called in Penrith after the discovery of a woman's body in a hotel room. A man was found in the same room, suffering cuts to his arms. A crime scene has been established and inquiries are being made by homicide detectives.

The New South Wales government is tabling legislation to create a new state-owned tolling entity. Its body will oversee reforms to Sydney's toll road network. An independent review has found the lack of a unified tolling system has resulted in inequities. Motorists in Sydney's West are paying more.

The new Queensland LNP government is yet to reveal how many extra beds will be required in detention centres once 'adult crime, adult time' laws come into effect. 98.3 per cent of beds are being used in the leadup to the Christmas holiday period - which usually sees an increase in watch-house detention. The Crisafulli government is expected to introduce the crime legislation within the next two weeks.

Thousands of Victorians are refusing to pay land tax, according to new data. The Department of Treasury and Finance found one-third of all unpaid land tax is overdue by more than 12 months. The state government will be cracking down on unpaid bills through 'targeted debt reduction activities'. Defaulters may have to pay a penalty and could be prosecuted in court.

Arizona has finally been called for US President-elect Donald Trump four days after election day - marking the final state to be decided in the US election. The victory means the President-elect has swept all seven swing states - securing 312 electoral college votes to Kamala Harris' 226. Mr Trump confirmed on social media former UN Ambassador Nikki Haley and former secretary of state Mike Pompeo will not be joining his new administration.

Global economist and author Paul Sheard says US President-elect Donald Trump had “more momentum” going into the US election. “There has certainly been, I think, a sense that coming into the election coming into the election Trump had more momentum,” Mr Sheard told Sky News business reporter Ed Boyd. “Perhaps the landslide aspect, at least in the Electoral College, may have caught a few people by surprise.”

Full analysis of Trump's historic re-election and the impact on global markets and our economy, Australia's bid to become a world leader on AI. Plus, NAB's CEO goes through the banks results.

NAB CEO Andrew Irvine expects the Reserve Bank of Australia to cut interest rates in “February or March” but says it “all depends” on what happens to inflation. “I think the economy has surprised on the upside,” Mr Irvine told Sky News Australia. “We’ve been talking the economy down for a while now, and yet employment levels continue to be robust; unemployment is low and inflation has proven to be stubborn. “Households are budgeting hard and paddling hard to stay afloat. “Our view is that we might get a rate cut in February or March – all depends on what happens to inflation between now and then.”

WAM Global Lead Portfolio Manager Catriona Burns says it was "not surprising" to see Tesla stocks go up after the Trump campaign secured victory in the US election. “Strong return for the money he [Elon Musk] invested in the Trump campaign,” Ms Burns told Sky News Business Editor Ross Greenwood “He has very much aligned himself with Trump … I guess it is not surprising if you align yourself with someone so publicly – when the result is announced, it is not surprising that the share prices of your company goes up.”

Sky News host Rita Panahi claims the Republicans can "only hope" their opponents can remain as "dumb" as they are right now after the Democrat's landslide US election defeat. "The Republicans can only hope their opponents remain as dumb as they are right now," Ms Panahi said. "If you look at so much of the commentary in the US media, they are blaming racism - they are blaming sexism, they are blaming misinformation, they are doing everything other than looking at why they were rejected so forcefully."

Sky News host Rita Panahi has congratulated Donald Trump for his “landslide” win over Kamala Harris. Donald Trump has been elected as the United States’ 47th president. “Landslide is the key word there,” Ms Panahi said. “This is a clean sweep.”

Sky News host Rita Panahi says the Democrats have “squandered” their advantage after losing the US election while having a billion-dollar campaign war chest. “Kamala Harris had a war chest of a billion dollars; she outspent Trump three to one, if not more – If Trump had that sort of money, there would have been a red wave that would have covered the entire country, including California,” Ms Panahi said. “The fact that you could squander that sort of advantage all the good publicity you are getting from the media whilst Trump is just being slammed day after day and still lose in a landslide.

Sky News host James Morrow has reacted to audio of an alleged Californian public school teacher “going nuts” at his students over Donald Trump and his “historic victory” in the 2024 US presidential election. “These kids copping this abuse are not even in uni yet,” Mr Morrow said. “The school, Valley View High School in Moreno … has apologised.”

Sky News host James Morrow says classrooms and universities have become “factories” for Trump Derangement Syndrome. “So much so that Harvard University cancelled classes the day after the election,” Mr Morrow said. “It’s not just our elite institutions where people are freaking out – it’s in schools as well.”

Team Australia has secured their fifth consecutive Timbersports Team World Championship. The Chopperoos beat Team USA and Canada in the final in France. The team competed in three axe disciplines including springboard, stock saw and hot saw.

Sky News Australia can reveal US President-elect Donald Trump greeted Prime Minister Anthony Albanese during their phone call last Thursday in the wake of his victory. “Mr Trump said to Anthony Albanese in a 10-minute phone call that he was his friend and the relationship between America and Australia was important. The phone call took place at around 10am Australian time,” Sky News Political Editor Andrew Clennell said. “As I understand it, the PM did raise the nuclear submarines deal AUKUS and pointed out that the US had a trade surplus with Australia, amid continuing speculation that the Trump administration will be heavy-handed on the tariff front.”

Queen Camilla has withdrawn from Remembrance Day ceremonies as she recovers from a chest infection. The Queen has been unwell for a number of days. The Princess of Wales, who is recovering from cancer, and King Charles, who is undergoing treatment for cancer, are both due to attend the events.

Former White House chief of staff Mick Mulvaney says outgoing US President Joe Biden has been “very gracious” since the election. Mr Mulvaney’s comments come after President-elect Donald Trump accepted President Biden’s invitation to the White House. “It’s a good sign,” Mr Mulvaney said. “The outgoing president has been very gracious in the last couple of days after the election – the incoming new president has been similarly sort of aligned.”