Albanese government & peak tax; investors jittery over Hormuz; Swift’s record

Tuesday 29 September 2026

The Albanese government closes in on being the highest taxing government in history. 

• Global investors get jittery over the lack of progress in the Strait of Hormuz
• The share prices of two ASX-listed companies surge after one receives a takeover bid, and the other knocks back an offer 
• The country’s most powerful battery hits full capacity
• Taylor Swift is now, officially, queen of the Video Music Awards

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