NBN-Amazon satellite deal; cost of living crisis starts to ease; top social media pollies

Wednesday 6 August 2025

NBN Co will partner with US tech giant Amazon to offer satellite broadband to regional Australia.

And more, including:

• The local share market closes at a record high
• There are signs emerging that the cost-of-living crisis across the country is easing.
• Australia’s most popular pollies, as judged by their social media followings, are revealed. 
• Elon Musk is awarded around $45 billion worth of Tesla shares, to keep him happy.

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