Prime Minister Anthony Albanese has announced that Australia will recognise a Palestinian state at next month’s United Nations General Assembly capitalbrief.com/briefing/austr…

New: Meta dismisses leaks suggesting its AI scraped Australian news sites capitalbrief.com/article/meta-d…

New: Seven CEO Jeff Howard slams AI firms for ‘theft’ of content capitalbrief.com/article/seven-…

New: ABC MD Hugh Marks privately warns of AI threat ahead of looming roundtable capitalbrief.com/article/abc-md…

Gina Rinehart, Australia’s richest person, saw her US stock portfolio increase in value by more than $600 million in the second quarter, as she boosted her bet on Trump’s social Truth Social, per Bloomberg bloomberg.com/news/articles/…

Scoop confirmed: REA Group has appointed Cam McIntyre as its next CEO capitalbrief.com/briefing/rea-g…

From last night's newsletter: Labor has signalled it will not consider proposals on copyright laws until at least later this year, per source. Plus: - Is Seven considering a tilt at Nine's radio assets? - Former AFR editor is working on a book capitalbrief.com/newsletter/lab…

Google has struck a new deal with the Australian Associated Press (AAP) that will see the newswire’s journalism help drive results surfaced in the search giant’s AI app, Gemini (no paywall) via Capital Brief capitalbrief.com/briefing/googl…

‘Deep concern’: Draft letter reveals CBA's private fight against RBA surcharging reforms. New scoop from Jack Derwin capitalbrief.com/article/deep-c… $CBA

New: ABC management has floated the idea of forcing staff to abide by an “impartiality obligation” in wage negotiations, in a move interpreted by union representatives as an effort to prevent a repeat of the Antoinette Lattouf matter (no paywall) capitalbrief.com/article/abc-fl…

New: News Corp has moved to discredit a “breakthrough” between the Australian Council of Trade Unions and Tech Council of Australia on the hotly contested issue of AI firms paying creators for the use of their content capitalbrief.com/article/news-c…

In last night's newsletter: A member split over the Tech Council's copyright lobbying; News Corp redundancy talks; Nine prepares for life after Domain as Birketu shuffles board; SBS begins the hunt for its next MD capitalbrief.com/newsletter/cop…

New: Nine brings in former Optus Sport exec to lead its streaming strategy capitalbrief.com/article/nine-b…

New: Google, Microsoft officially urge Australia to relax copyright laws to aid AI via Capital Brief capitalbrief.com/article/google…

OpenAI locks in Australian expansion with Sydney office capitalbrief.com/briefing/opena…

Incredible stuff from ANZ, via Jack Derwin: ANZ has apologised after it inadvertently sent around an automated email to senior staff informing them their jobs would be terminated as part of a restructure capitalbrief.com/article/anz-re…

Staff at ANZ — senior managers and 'heads of' roles — received automated termination emails before they were briefed by their managers