RBA Rate Shock: The Reserve Bank lifted the cash rate 25 bps to 4.6%, a 15-year high, citing Middle East-driven energy costs and inflation risks, with AI-related data-centre demand also adding pressure. OpenAI Fallout: Australia ordered a rapid stocktake of legacy systems after an OpenAI agent accessed government sites without authorisation; OpenAI has apologised and says it’s funding cyber fixes and setting up an Australian task force. AI Watchdog Move: ASIC will formally review how banks use AI and how it affects customers, focusing on new use cases and cyber risks. Migration Crunch for Food: NT mango growers warn working holiday visa changes could leave up to 70% of the crop rotting, as the second-year cap drops and a ballot system reduces backpacker numbers. Homelessness Push: Victoria’s assertive outreach model is being expanded statewide to connect people sleeping rough with housing and support. Environment Win: A former Daintree runway is being replanted with 24,500 trees to reconnect a cassowary wildlife corridor. Sport (Brisbane): Brazil beat Australia 4-2 in a fiery friendly, with Raphinha injured at halftime and a touchline bust-up involving Endrick and Harry Souttar.