Nine, Foxtel Win NRL Rights in Massive Australian Sport Media Deal
Australian broadcasters Nine and Foxtel are close to signing a seven‑year, roughly US$3.3 billion (AU$5 billion) rights deal for the NRL that runs to 2034. The agreement would see Nine pay about US$99 million and Foxtel about US$343 million each year, totalling roughly US$462 million annually, eclipsing the AFL’s US$3.0 billion (AU$4.5 billion) deal. The pact preserves the current free‑to‑air and pay‑TV split, adds New Zealand broadcast rights and supports the league’s expansion to 19‑20 teams. It reflects an 80% rise in live‑sport values as broadcasters chase advertising dollars that streaming platforms can’t match.
Fixed Power Fees Jump up to 70 per Cent After Regulator Curbs Usage Charges
Australian energy minister Chris Bowen has warned federal regulators that electricity retailers must justify steep hikes in daily supply charges, which have risen up to 70 percent for some households. While usage‑based rates are set to fall from July 1 due to...
Virgin Set to Pocket up to $93m as Customers Run Out of Time to Cash in COVID Credits
Virgin Australia stands to keep up to AU$93 million (≈US$61 million) as its COVID‑era flight credits expire, reigniting scrutiny over airline credit policies. Qantas recently eliminated the expiry on AU$570 million (≈US$376 million) of unused credits, offering cash refunds after public pressure and a...
Some A380s Grounded Amid Emergency Inspections for Wing Spar Cracks
Airbus has issued an emergency airworthiness directive after the European Union Aviation Safety Agency discovered cracks in the wing spars of several A380 superjumbo jets. Operators, including Qantas, must perform detailed inspections within strict deadlines, with some aircraft grounded until...
ASX Falls as Tech Stocks, Gold Miners Decline; WiseTech Extends Its Slump
The S&P/ASX 200 slipped 0.3% to 8,787, its lowest level in almost two weeks, as a tech sell‑off on Wall Street and declining gold prices weighed on Australian equities. Weakness in mega‑tech and cautious sentiment around US‑Iran peace talks dragged energy...
Big Hits: Aruma Resources, McLaren Minerals and BMC Minerals
Aruma Resources reported multiple high‑grade copper‑silver intercepts at its Tillex VMS project in Canada, including a 5.36% Cu, 56.9 g/t Ag zone, and announced a 3,500‑4,000 m phase‑2 drill program. McLaren Minerals delivered surface‑start heavy‑mineral sand hits at its McLaren Titanium project...
‘I Resigned’: Former Premier Rues Trust in KPMG at Fiery Hearing
KPMG faces a mounting scandal after a whistleblower revealed that staff accessed confidential information from clients such as Lendlease to win new business, breaching auditor‑client trust. In a Senate hearing, Lendlease chairman John Gillam accused KPMG of gravely misusing audit...
Critica Closes in on Pivotal Twin Rare Earths, Tin-Tungsten Studies
Critica Limited is accelerating its dual‑critical‑minerals strategy, with scoping studies for the Jupiter rare‑earth project in Western Australia and the Mt Lindsay tin‑tungsten deposit in Tasmania targeted for Q3 2026. At Jupiter, a resource optimisation effort and pilot‑scale metallurgy have yielded...
Why Gina Rinehart’s Company Is Fighting with a Country Music Star
Australian billionaire Gina Rinehart’s Hancock Prospecting is seeking government approval to reopen the Grassy Mountain metallurgical coal mine in Alberta after scaling back its original plan. The project, previously rejected over water‑quality and wildlife concerns, now proposes a 40% smaller...
‘One Could Not Ask for a Better Friend’: Elon Musk’s Mate Eyes $100 Billion Windfall
Antonio Gracias, founder of the private‑equity firm Valor, stands to receive a potential $100 billion windfall from SpaceX’s upcoming IPO. Valor earns a 20% profit share on its SpaceX investments, and Gracias personally takes roughly half of those earnings, alongside a...
Amplia Eyes Major Role in New Cancer Drug Frontier
Amplia Therapeutics announced that its FAK inhibitor narmafotinib significantly extends survival when combined with standard chemotherapy in pancreatic cancer. In the ACCENT trial, median overall survival rose to 11.1 months, a two‑month gain over typical outcomes, and the complete response...
After More than a Decade of Pay Disputes, Grill’d Boss Insists His Staff Come First
Grill’d, Australia’s premium burger chain with about 180 outlets and 4,000 staff, is confronting a class‑action lawsuit alleging systematic denial of mandatory paid breaks for roughly 1,700 workers. CEO Simon Crowe, who opened the first store in 2004, reiterated that...
Watch as Near-New Lufthansa 787’s Front Landing Gear Fails at Airport
A Lufthansa‑operated Boeing 787 Dreamliner suffered a nose‑landing‑gear collapse while parked at Frankfurt Airport, injuring two cabin crew members and two service‑company employees. The incident occurred as the aircraft was being readied for a flight to Los Angeles, and investigators are...
Mining Heavyweight Joins the Party at Macarthur WA Iron Ore Play
Macarthur Minerals has formalized a joint‑venture with Steve Wyatt’s Destec, giving the operator a 50% stake in the Lake Giles iron‑ore rights held by Gold Valley Yilgarn. The partnership brings Destec’s mining‑services expertise to the 54.5 million‑tonne indicated hematite deposit and the adjacent...
Dalaroo Unveils Monster 4.3km Gold Anomaly in West Africa
Dalaroo Metals announced a 4.3‑km gold anomaly at its Gold Ridge prospect within the Bondoukou project in Côte d’Ivoire. Phase‑one soil sampling recorded a peak of 2,188 ppb gold, with 454 samples exceeding 20 ppb and 27 above 200 ppb. The anomaly aligns...