Australia news live: cost-of-living pressures ‘back with a vengeance’, survey shows; ASX slumps amid tech selloff

Analysis finds Australians have lower life satisfaction now than during height of Covid pandemic. Follow liveGet our breaking news email, free app or daily news podcast‘If Australian datacentres are going to power the AI revolution, we deserve a fair return’ – David PocockIndependent senator David Pocock has published an opinion piece about the growth of AI datacentres in Australia and how the gold rush should benefit Australians. He writes:Huge investment in this space is pouring into Australia. In the past year, Microsoft has announced $25bn will go into Australian datacentres and Amazon Web Services has committed another $20bn.The prime minister