ASX Set to Slide, Wall Street Boosted by Tech Stocks; Warsh Narrowly Confirmed as New Fed Chair
Wall Street edged higher on Wednesday as technology stocks, led by Nvidia, lifted the S&P 500 0.8% toward a fresh all‑time high, while the Dow slipped modestly. In contrast, Australian markets were set to open lower, with ASX futures indicating a 0.5% decline after a weak budget and falling bank shares. The Senate narrowly confirmed Kevin Warsh as Federal Reserve chair by a 54‑45 vote, the tightest margin in history, raising questions about the central bank’s independence. Meanwhile, Brent crude settled at $105.90 a barrel, keeping rate‑cut hopes in check.
Dalaroo Closes in on Drill Targets at 9km Côte D’Ivoire Gold Corridor
Dalaroo Metals has wrapped a district‑scale soil geochemistry program across its 9‑kilometre Gold Ridge corridor in Côte d’Ivoire, collecting 3,612 primary samples and a total of 4,363 specimens for laboratory analysis. The campaign, which covered 194.5 km of sampling lines on...
Wests Tigers Re-Sign Fourth Star Until 2030 After Jarome Luai’s Exit
Sunia Turuva has signed a three‑year extension to stay with the Wests Tigers through the 2030 season, becoming the fourth marquee player to re‑sign after Jarome Luai announced his move to the PNG Chiefs. The deal follows recent extensions for...
Chalmers Ready to Fight ‘Scare Campaign of Lies’ Before Bravest Budget Yet
Treasurer Jim Chalmers has warned he will dismantle what he calls a “scare campaign of lies” as the Labor government prepares its most ambitious budget in years. The upcoming “reform and resilience” budget is expected to combine new housing‑supply incentives...
WA Drivers Are Getting a $100 Top-Up. Here’s How to Claim It
Western Australia’s 2026‑27 budget earmarks more than $1 billion in cost‑of‑living aid, including a one‑off $100 payment (about $66 USD) for every driver with a valid licence. The fuel support payment aims to offset recent fuel price spikes linked to the Middle...
Why the Collapse of Kyle and Jackie O Matters to Australians
Australian radio icons Kyle and Jackie O announced the end of their 15‑year on‑air partnership, shocking listeners and advertisers alike. The duo’s morning show, which routinely attracted over 2 million weekly listeners, has been a cornerstone of commercial radio revenue. Industry...
Fuel Spike Is Coming: Relief at Bowser Not Tipped to Last
Australia’s regional oil benchmark Tapis crude surged to US$125 a barrel, the highest level since the 2022 Ukraine war, prompting expectations of higher pump prices. After a brief two‑week respite following a US‑Iran cease‑fire, fuel prices are set to climb...
‘Emotion Took over’: Young Woman Wins Keys to $1m Potts Point Apartment
A 24‑year‑old Bondi resident secured a 49 sqm one‑bedroom apartment in Potts Point for $1.03 million AUD (≈$680,000 USD) at a Saturday auction. Ten bidders registered, three were active, and after 26 incremental bids the hammer fell, beating the $925,000 AUD reserve. The...
First Home Buyer Snaps up Two-Bedroom Spotswood House for $720,000
A young first‑home buyer paid $720,000 for a two‑bedroom villa at 1/25 Hope Street in Spotswood, topping the $670,000 reserve by $50,000 and outbidding three other parties in a rapid‑fire Saturday auction. The property, listed between $600,000 and $660,000, featured...
How to Layer Knits Like a Pro: The Secret to Staying Warm without the Bulk
Fashion writer Damien Woolnough explains how to layer knitwear for warmth without bulk, using the Duchess of Sussex’s recent Melbourne outfit as a case study. He highlights sleeveless merino and cashmere vests as versatile base layers that keep the core...
Luai’s Private Jet Was Paid for by PNG Government
Jarome Luai was flown to Port Moresby on a private jet paid for by the Papua New Guinea government, not the NRL or the Chiefs. The Chiefs are using the trip to pitch a $1.2 million tax‑free, one‑year deal, giving Luai...
When It Comes to Convenient Food and Drink Options, Japan Is the King
Japan’s food‑centric vending machines have evolved into a nationwide convenience network, offering everything from hot bento to fresh fruit at prices as low as ¥100 ($1.03). The country now hosts under 4 million machines—still the world’s highest per‑capita ratio, roughly one...
Perth Biotech at Cutting Edge of the Future of Medicine
Syngenis, a Perth‑based biotech, is converting its research‑grade oligonucleotide lab into Australia’s first GMP‑certified facility, enabling local production of clinical‑grade DNA and RNA strands. The move could bring back roughly AUD 160 million (about US 105 million) of annual overseas GMP work, tapping into...
The Michael Jackson Biopic and Other New Movies Everyone Will Be Talking About This Week
This week’s Australian cinema slate includes four distinct releases: Genki Kawamura’s art‑house thriller *Exit 8* (95 min, ★★★½), the estate‑backed Michael Jackson biopic *Michael* (123 min, ★★★), the gritty MMA drama *Beast* (97 min, ★★★½), and the pastoral romance *Alphabet Lane* (80 min, ★★★). *Michael* trims...
Restaurant of the Year Nominee Onzieme Closes as ACT’s Dining Scene Struggles
Onzieme, a five‑year‑old Canberra brasserie and 2025 Restaurant of the Year nominee, will serve its final meal on May 30 after owner Louis Couttoupes cited relentless staff poaching and wage gaps that forced him to shoulder training costs. The closure mirrors...