Superyacht Bayesian captain James Cutfield is currently under investigation for allegedly falsifying documents related to the vessel’s operations. Cutfield is accused of providing misleading information to regulatory authorities, leading to concerns about the safety and compliance of the superyacht. The investigation is ongoing as authorities work to uncover the extent of the alleged misconduct.
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OECD March Economic Outlook flags slowdown in Australian economic growth
The OECD warns that Australian economic growth will slow in 2026 due to US President Trump's tariff agenda, with GDP growth expected to decline to 1.8% from 1.9% in 2025. Global growth is also projected to moderate, with higher trade barriers impacting investment and household spending. Inflation is expected to be higher than previously forecasted, with headline inflation in Australia predicted to reach 2.2% in 2026, allowing for continued policy rate reductions. Full Article
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