Markets & Rates: A global bond selloff pushed US 10-year yields to the brink of 5%, with the move spilling into Australia as oil prices and Middle East tensions lifted global borrowing-cost fears. ASX Close: The ASX 200 slid for a fourth straight session, dragged by miners and tech while investors watched inflation and the next RBA decision. FX & Inflation Pressure: The Australian dollar weakened as markets priced in more rate hikes, with bond yields hitting multi-year highs. State Finance: Queensland copped its first credit downgrade in 17 years, raising pressure on spending ahead of the Olympics-era infrastructure push. NDIS Integrity: Two people were jailed over NDIS fraud and money laundering, with the government pointing to strengthened Fraud Fusion Taskforce outcomes. Cost of Living: Record numbers of Australians are working multiple jobs as crude oil spikes threaten further rate pressure. Policy & Business: Card surcharges are set to end from 1 October, but banks are expected to shift costs into fees. Tech & Tax: Labor’s startup tax tweaks drew scepticism from investors over uncertainty around what qualifies as “innovative.” Data Breach Class Actions: Lawyers say the environment for privacy-related class actions has turned harsher again as regulators and legal pathways expand.