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Electricity bills will rise by as much as 9 per cent , the Australian Energy Regulator has declared, a draft ruling that will intensify pressure on struggling households and threaten the re-election prospects of the Albanese government.

It’s clear US President Donald Trump isn’t backing down from his aggressive trade policies despite sharp drops by stockmarkets, meaning shares could be in for even bigger falls, writes David Rogers.

ASIC has sounded the alarm on payday lenders shifting vulnerable customers up to higher-value loans that provide fewer consumer protections, a day after lashing the super industry.