Australia Post has reported a loss of $88.5 million in the recent financial year due to the declining letters business, losing almost $362 million. These losses were partly offset by increased revenue from the parcel and services division, cost savings, productivity gains, and branch closures. Australia Post says there is an oversupply of post offices in metropolitan areas, which means more branches will need to shut down for the service to remain viable. The overall loss of $88 million is an improvement on the previous year, when it lost $200 million.

Sky News host Gabriella Power has slammed Kamala Harris for the ‘shocking’ claims made during her sit-down interview with CNN host Dana Bash. During the 18 minute, pre-recorded and edited interview, Ms Harris claimed she had “no regrets” about defending Joe Biden’s mental fitness and his ability to run for a second term. “Ok… so no regrets about repeatedly lying to the American people… got it,” Ms Power said. Ms Power also blasted the Vice President for the answer she provided about when she learned Joe Biden would drop out of the race. “Come on Kamala… she even pretends she was a bit shocked,” Ms Power said.

Hancock Prospecting Executive Chairman Dr Gina Rinehart has addressed The Australian’s Bush Summit in Portland Hedland. Dr Rinehart said taxes are “killing the geese which lays the golden eggs”. “The government taxes that were meant to be dropped when GST came in … if such taxes were dropped, companies could operate longer and retain their staff for longer too. “Let’s take an example – payroll tax. Australia exports some 950 million tonnes of iron ore per annum, translating to approximately $700 million in payroll tax from WA producers. “Dropping that $700 million payroll tax is the equivalent of enabling an opportunity to save approximately 3,500 jobs and, of course, the revenue those employees could produce.”

Breitbart Politics Editor Emma-Jo Morris has slammed those “gripping” about the cost of Donald Trump’s IVF funding proposal. The Republican presidential candidate has vowed, if elected in November, to have either the federal government or insurance companies cover the cost of IVF for American women who need it. “To the people who gripe about the cost of this, especially on the Republican side, that is such a joke to me, I can’t even take it seriously,” Ms Morris told Sky News host James Morrow. “You’re going to say that a cost that would be probably around $8 billion is just a bridge too far – it’s like, you’re a clown.”

Breitbart Politics Editor Emma-Jo Morris has reacted to the controversy over JD Vance telling Kamala Harris to “go to hell” during a campaign rally. The Republican vice presidential candidate’s comments came in response to Trump’s campaign reportedly getting into an altercation with a cemetery official at Arlington National Cemetery. “Leave it to the media to scandalise Trump participating in a memorial that was the result of gross incompetence and negligence by the US government that has never been properly scrutinised,” Ms Morris told Sky News host James Morrow. “It’s so textbook of the US media. They’re just so partisan and activist.”

Assistant Minister to the Prime Minister Patrick Gorman has addressed the Bush Summit in Port Hedland, Western Australia. “Our government continues in the finest traditions of the federation, bringing people together, realising the full potential of our regions, supporting the industries and opportunities of tomorrow,” he said. “And making sure that every Australian feels the benefits of living in this unique and beautiful country.”

Republican presidential candidate Donald Trump has labelled US Vice President Kamala Harris as “Comrade Kamala” because she is a “Marxist”. “I did get to see the strangest thing today,” Mr Trump said. “I looked at the news conference of Kamala – I call her Comrade Kamala. “She’s a Marxist.”

The Republic candidate has revealed a new policy that Sky New host Gabriella Power has labelled a "game-changer for women". On Thursday, the former US President introduced a policy that would see IVF treatments paid for by the government or insurance companies. “Government will pay for, or your insurance company will be mandated to pay for all costs associated with IVF treatment," Donald Trump said. Ms Power praised Mr Trump for his policy announcement and claimed Mr Trump “exposed the democrats” for “lying”. “Just last week they were suggesting Trump would ban IVF treatment,” Ms Power said. Ms Power said she “hopes” Kamala Harris “copies” Donald Trump's policy. “No matter who gets in on November 5 ... women need this,” Ms Power said.

Sky News host Rita Panahi has mocked Kamala Harris' speech to teenagers, accusing the Democrat nominee of speaking to them like they are "overgrown toddlers".

Republican candidate Donald Trump says the 2024 US presidential election is the “most important” in the country’s history. “This is going to be the most important election in the history of our country,” Mr Trump said. This comes as Kamala Harris will today do her first TV interview since becoming the Democratic presidential nominee, alongside her running mate Tim Walz.

Casino operator The Star has been placed into a trading halt after the New South Wales gaming regulator published the second Bell Report into the troubled casino group on Friday. The Star is expected to write down the value of its assets and announce a major cost-cutting program. “The Star is now in a trading halt,” Sky News Business Reporter Edward Boyd said. “The report from the New South Wales Independent Casino Commission was published about 10 minutes ago.”

Prime Minister Anthony Albanese has backflipped on his government’s decision to omit questions related to sexuality from the next census. This comes after Assistant Health Minister Ged Kearney broke ranks yesterday to call on the government to reverse the decision. She feels that the inclusion of the entries into Australia’s data pool will help allocate necessary resources to the LGBT community.

Actor Ben Stiller has publicly endorsed Democrat candidates Kamala Harris and Tim Walz to mixed reviews. A clip of the Hollywood star has quickly gone viral online. “Just very excited about moving forward and all the energy and excitement that’s around this movement right now. That’s why I’m here, because it’s time for change, and it seems like it’s happening,” Mr Stiller said in the clip. “She and Tim Walz are just incredible candidates.”

Nationals Senator Bridget McKenzie says the Coalition’s nuclear plan is a longer-term solution to net zero. “I think Australians, particularly in the regions … are having to bear the cost of the move to net zero,” Ms McKenzie told Sky News Australia. “We know we need to get more gas into the system … but we also need a longer-term solution, and that is net zero nuclear, which is what we’ve got on the table. “The Bush Summit highlighted those issues.”

Nationals Senator Bridget McKenzie says business is “pointing out what’s wrong” with the Albanese government’s agenda. “The lack of tying productivity increases to wage increases is the problem,” Ms McKenzie told Sky News Australia. “I think business is rightly pointing out what’s wrong with the government’s more broader agenda.”

Nationals Senator Bridget McKenzie has criticised Resources Minister Madeleine King for “trash-talking” BHP. Ms King has attacked BHP for always “railing against” Labor policies and refusing to work productively with union leaders. “You’ve got, today, in The Australian, one of their most sensible pro-industry ministers, Madeleine King, trash-talking BHP and our mining industry about not getting on board with their 1970s industrial relations agenda,” Ms McKenzie told Sky News Australia. “On every single measure, the Labor Party seems to be pulling the wrong lever when it comes to actually moving the country forward.”

Sky News host James Macpherson says the Albanese Labor government will avoid sexual preference questions in the 2026 census data over “social cohesion” concerns. “The Albanese government have shelved plans to include questions about people’s sexual preferences in the 2026 census because they want to maintain social cohesion,” Mr Macpherson told Sky News host Andrew Bolt. “Treasurer Jim Chalmers said questions about LGBTQ would be ditched from the census because he wanted to avoid nastiness.”

Sky News host Caleb Bond discusses a pledge made by lord mayor candidate for Melbourne Anthony Koutoufides to buy commuters a free coffee on Mondays to try and draw people into the CBD. “It’s trying to bribe people in the piddliest way possible,” Mr Bond said. “Is a coffee really going to turn the dial? I suppose you could say, pardon the pun, it is worth a shot.”

Sky News host Liz Storer slams Melbourne lord mayor candidate Anthony Koutoufides for making an election pledge to shout commuters a coffee on Monday mornings in the hopes of revitalising the CBD. “Honestly, I so dislike these gimmicky things,” Ms Storer said. “What it also says is, I think you, as ratepayers, are stupid. “Who would fall for this?”

The Pastoralists and Graziers Association's Tony Seabrook discusses the Albanese government's live sheep export ban. "I think they made up their mind, I don't think we had a chance," Mr Seabrook told Sky News host Paul Murray. "From day one, they had made up their mind all the work we did was a complete waste of time. "The only option we have now is to make sure they are not in government after the next election."