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This is the second episode of our daily news podcast, to follow and get your updates throughout the day search 'The Summary' in your podcast app, and tap the follow button. The Summary, a podcast that keeps you connected to what matters, and why.

Every day, we hear more instances of AI agents going 'rogue,' with personal data and sensitive information increasingly being put at risk. But what does it actually mean when an AI agent steps out of line, and are Australia's cyber defences ready for the growing threat? 

In this episode of The Summary, host Josh Bryant digs into the rapidly evolving world of artificial intelligence and cybersecurity alongside two leading experts. Dr. Jake Renzella from UNSW’s Computing and Education research group demystifies Large Language Models (LLMs) and explains what 'going rogue' means in a real-world technical context. Meanwhile, Professor Yang Xiang, a cybersecurity expert from Monash University, explores why AI-driven breaches lack traditional warning signs and questions whether we have entered an arms race where AI-powered tools are required to defend against AI-powered incursions. Together, they examine policy readiness and regulatory challenges pose a greater immediate risk to citizens than high-profile security incidents.

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The Australian share market finished the day almost exactly where it started, as a massive boost for our big banks managed to save the index from a much deeper  sell-off.

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The local sharemarket finished the financial year with a bit of a whimper today, as big investment funds tidied up their books and dragged the market lower.

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The local market has finally broken its four-day losing streak today, but the mood on the trading floor remains deeply cautious. Investors spent the session digesting a mixed bag inflation report.

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A brutal global sell-off in technology stocks, triggered by renewed nerves over the longevity of the artificial intelligence boom, combined with anxious positioning ahead of tomorrow's critical inflation data, left the local market in the red.

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It was an unpredictable, choppy ride on the trading floor today as local investors returned from the long long-weekend. The market narrowly avoided a major blowout, staging a recovery after tech stocks rallied and investors sought shelter in defensive supermarket giants.

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