The Federal Government is denying its Home Guarantee Scheme will greatly increase property prices.

The Prime Minister Anthony Albanese has welcomed US President Donald Trump's proposed plan to end the war in Gaza and is urging both sides to agree to its terms.

The Federal Treasurer is talking up the government's economic management after the budget deficit for the last financial year came in about $18 billion lower than forecast.

In the United States, the former director of the FBI, James Comey, has been indicted by a grand jury on two charges of lying to Congress in 2020 about the investigation into Donald Trump's Russia links.

In his first speech the the UN General Assembly, the Prime Minister Anthony Albanese has made a pitch for Australia to once again win a temporary seat on Security Council.

The telecommunications company Optus has announced an independent review of last week's outage that is linked to the deaths of three people.

This year's session of the United Nations General Assembly is proving historic as more nations join countries like France and Australia in recognising Palestinian statehood.

Australia's historic move to formally recognise Palestine as a sovereign state has been met with fury from Israel.

Aid organisation Doctors Without Borders is urging the Australian government to punish Israel after a UN inquiry this week found it has the intention to commit genocide in Gaza.

The Federal Government has announced Australia will work to cut its emissions by 62 to 70 per cent by 2035, compared to 2005 levels.