Australia to recognise Palestine; JB Hi-Fi boss quits; lithium soars

Tuesday 12 August 2025 Prime Minister Anthony Albanese announces plans to recognise a Palestinian state, putting Australia at odds with the US over the issue. And more, including: JB HiFi’s CEO calls it quits Lithium stocks surge, pushing the local sharemarket higher ahead of the RBA’s rate call today The government takes its first steps towards universal childcare Australia’s snow tourism sector is seeing a flurry of renewed optimism Join our free daily newsletter here . And don’t miss the latest episode of How Do They Afford That? - this week, four tips for starting a side hustle. Get the episode from APPLE , SPOTIFY , or anywhere you listen to podcasts. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.