Australian net overseas migration falls to lowest level since 2022 – but the Coalition says that’s still too high

Australian Bureau of Statistics figures show migration growth is above pre-pandemic levels but tracking steadily down

Fewer than half of commuters in Great Britain think train fare value for money

Findings of national survey comes as rail regulator reports record 1.83bn passenger journeys last year

Most of Great Britain’s major rail operators are back in public hands – is it working?

Explore the Guardian’s tracker to see which operators are nationalised and if services are improving under public ownership

Drax cleared after investigation into sourcing of wood pellets

Generator’s shares rise as regulator finds no evidence of misleading statements about fuel’s sustainability

Farage trying to block ‘Britcoin’ plans that could be costly for billionaire donor

Reform UK leader used private meeting at Bank of England to urge governor to drop plans for state-run cryptocurrency

Office workers of the world unite: it’s time to revive the three-martini lunch

The three-martini lunch allowed us to mix business and pleasure, a phenomenon that is missing during the AI boom

Gina Rinehart says Australia should give Elon Musk islands to launch satellites into space

Billionaire also tells summit land could be given to skilled Israelis to build ‘advanced war drones’, according to Hancock Prospecting notes

UK vacancies fall to lowest for five years as wages grow faster than expected

Employers wary of hiring permanent staff but unemployment eased to 4.9% in the three months to April

Plan to ban ‘private equity sharks’ from social care dropped, Wes Streeting says

Exclusive: Ex-minister accuses Labour of ‘overcautiousness’ and says his proposal was cut from manifesto

Weather more important to sales than World Cup, says Tesco as growth slows

Strong sales of canned cocktails and Irn-Bru help retailer beat forecasts – and sunshine made people spend

Dubai property sales have fallen ‘off a cliff’ since start of Middle East war

Sellers of luxury villas have wiped tens of millions of pounds off asking prices, with sales down 19% in May from the previous month

Rejoining customs union would not fix damage caused by Brexit, research finds

Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single market

NHS patients face worst drug shortages on record, say pharmacists and GPs

Supply problems pose risk to health, with common painkillers, epilepsy medication and HRT affected

Qantas delays nonstop flights from Sydney to London – again

Problematic history of airline’s Project Sunrise continues, with scheduled start date pushed back to October 2027

Federal Reserve holds rates steady but signals possible hike before year’s end

Open markets committee says ‘economic activity is expanding at a solid pace’ in first meeting under new chair Kevin Warsh