标签: Oceania

大洋洲

  • Registrations to teach international students in Australia to be paused for 12 months

    Registrations to teach international students in Australia to be paused for 12 months

    In a sweeping move to repair systemic flaws exposed in Australia’s visa framework, the Albanese administration has instituted a 12-month moratorium on new registrations for providers seeking to teach English and vocational training to international students. The policy shift comes in direct response to the damning findings of the Nixon Review, formally titled the Rapid Review into the Exploitation of Australia’s Visa System, which uncovered widespread exploitation of student visa pathways and deep vulnerabilities within the national immigration system.

    The suspension applies to all new applications to two key national regulatory bodies: the Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS), which oversees official registration of education providers and programs for international enrollees, and the Australian Skills Quality Authority (ASQA), the national regulator for the vocational education and training (VET) sector. Critically, the pause does not extend to public education providers, including state-run government schools, public TAFE institutions, and Australia’s Table A public universities.

    Assistant Citizenship Minister Julian Hill framed the decision as a necessary step to protect Australia’s standing as a world-leading destination for international education. He emphasized that long-term success in the international education sector depends on unwavering focus on quality, systemic integrity, and positive student experiences. “Australia welcomes genuine international students seeking a premium Australian education, and the Government is committed to further strengthening integrity and sustainability in the international education sector,” Hill stated in a press briefing Monday.

    The minister added that the 12-month pause was not made hastily, noting that it would give regulators time to root out integrity risks posed by unvetted new entrants and address widespread oversaturation in the VET and ELICOS (English Language Intensive Courses for Overseas Students) sub-sectors. “Frankly, it raises suspicions when at the same time student numbers in these parts of the sector are moderating the regulator continues to see a rush of new market entrants,” Hill said.

    The 12-month suspension will grant ASQA additional time to clear existing backlogs and address long-running integrity concerns raised by both the Nixon Review and the 2023 federal Migration Review. During the pause, the regulator will conduct a full sector-wide assessment to evaluate risks associated with potential new providers and analyze the scope of oversaturation in the two affected segments. Currently registered providers will not be impacted by the change: they will still be permitted to apply to add new instructional locations for existing courses and register updated courses that replace existing offerings.

    The policy forms part of the government’s broader push to shore up public confidence in Australia’s immigration system, as political pressure around migration levels and their impact on national housing supply has grown. The issue has become a key electoral battleground, dominating campaigns for recent state elections in South Australia and the federal by-election for the New South Wales seat of Farrer. Opposition Leader Angus Taylor recently made migration policy a centerpiece of his budget reply speech, where he pledged to tie future national migration caps to annual housing construction completion rates. The government already secured legislative authority for the suspension last year, when it passed the Education Legislation Amendment (Integrity and Other Measures) Act 2025.

  • G7 finance chiefs meet to seek common stance on unstable ground

    G7 finance chiefs meet to seek common stance on unstable ground

    Against a backdrop of escalating geopolitical tension, global economic volatility, and ongoing conflict in the Middle East, top finance officials from the Group of Seven major industrialized nations kicked off two days of closed-door negotiations in Paris on Monday. The core goal of the summit, hosted by France in its term as rotating G7 president, is to build a coordinated collective stance amid a landscape of overlapping economic and political risks that have put global growth projections on shaky ground.

    Even before the first session convened, French Finance Minister Roland Lescure publicly acknowledged the significant challenges facing negotiators, admitting candidly that reaching full consensus across all topics would not be a simple task. The gathering comes at a moment of unprecedented friction, with trade disputes triggered by U.S. President Donald Trump’s aggressive tariff policies amplifying existing geopolitical divides, alongside the economic shockwaves rippling out from the Middle East conflict.

    One of the highest-priority items on the meeting agenda is a coordinated push to reduce the G7’s collective reliance on China’s dominant position in global rare earth supplies, a critical input for the artificial intelligence boom that has driven much of advanced economy growth in recent years. Lescure outlined his view that the current trajectory of the global economy, shaped over the past decade, is no longer structurally sustainable. He highlighted a series of interconnected threats: the rapidly expanding U.S. federal budget deficit, stagnant technological progress across European economies, and China’s efforts to counter falling domestic consumer demand and persistent industrial overcapacity by pushing its domestic firms to increase their market share in international export markets.

    “Multilateralism can work,” Lescure told reporters ahead of the summit, “but these discussions are not easy — I’m not going to tell you that we agree on everything, including obviously with our American friends.” Trump’s combative, transactional approach to international relations with both allies and adversaries has left many G7 leaders uneasy, as they simultaneously grapple with dual threats of stagnant growth and persistent elevated inflation fueled by the Middle East war.

    German Finance Minister Lars Klingbeil emphasized that the G7 serves as the ideal forum for discussions with the U.S. focused on bringing the conflict to an end, noting that the war has inflicted severe damage on global economic development. “This war is massively damaging economic development. That is why everything must be done to bring the war to a permanent end, to stabilise the region again, and to ensure free shipping lanes through the Strait of Hormuz,” Klingbeil said in a pre-summit statement. The G7 finance chiefs are scheduled to wrap up their talks with a closing press conference at midday on Tuesday.

    For the French presidency, even a collective shared recognition of the core challenges on the table would be counted as a major success. Officials aim to release two joint statements following the conclusion of negotiations. To set the stage for the full G7 heads of state summit scheduled for June 15-17 in Evian, France, finance ministers from four major emerging and advanced economies — Kenya, Brazil, India, and South Korea — have been invited to join Tuesday’s discussions.

    The meeting comes just days after Trump’s high-profile trip to Beijing for talks with Chinese President Xi Jinping failed to deliver a clear breakthrough on two critical issues: rolling back U.S.-China tariffs and advancing progress on ending the Middle East conflict. In recent years, China has expanded its economic influence across regions traditionally aligned with G7 powers, and as a key global supplier of both critical raw materials and low-cost finished goods, it has become increasingly willing to take hardline stances in trade negotiations.

    Pierre Jaillet, a senior researcher at France’s Institute for International and Strategic Affairs (IRIS), explained that the G7’s approach to global economic imbalances has shifted dramatically in recent years. “Up to now, the problem of macroeconomic imbalances was addressed… with regards to global financial stability,” Jaillet told AFP. “But now officials are looking through the optic of economic security: trade surpluses or deficits can reflect vulnerabilities or dependencies, in particular with critical minerals or energy, and the risk of supply chain disruptions.”

    While Lescure avoided publicly naming China, he made the G7’s goal clear: “The G7 goal is to ‘ensure that we don’t depend on any one country… for our rare earth supplies.” Beyond critical minerals, energy security has moved to the top of the agenda as well, driven by the ongoing conflict in the oil-rich Middle East. Lescure framed the current challenge as parallel to the global energy crisis of the 1970s, saying “We must do for critical materials what we did with energy in the 1970s,” and build a shared framework to respond to future crises.

    To address these risks, the French presidency is pushing for the creation of a “common toolbox” that member states can use to counter market disruptions affecting key raw material supplies. Proposed measures include targeted strategic trade agreements, and interventionist policy tools such as price floors, import quotas, and targeted tariffs. France is also seeking to promote multilateral collaborative projects to build out domestic rare earth extraction and refining capacity across G7 nations. A key example currently underway is a joint French-Japanese factory under construction in southwest France that will produce and recycle rare earths, magnets, and other critical minerals. The French state has already committed 106 million euros ($124 million) to the project, which is on track to meet 100 percent of France’s domestic rare earth demand by 2030. Leveraging public development finance to secure agreements in developing countries that encourage private sector investment in critical mineral supply chains is another core policy path on the table, Lescure added.

  • AFL 2026: Collingwood legend Scott Pendlebury ahead of his record-breaking 433rd game

    AFL 2026: Collingwood legend Scott Pendlebury ahead of his record-breaking 433rd game

    As Collingwood Football Club icon Scott Pendlebury stands on the cusp of breaking the Australian Football League’s all-time games record this Saturday, the veteran midfielder says he is focused on sticking to his usual routine rather than getting swept up in the hype surrounding the unprecedented milestone.

    Pendlebury, who will notch his 433rd AFL appearance this weekend when Collingwood faces West Coast at a packed Melbourne Cricket Ground, acknowledged that the weeks-long lead-up to the record-breaking match has disrupted his consistent preparation rhythm. Still, the champion player confirmed he will pause to soak in the moment when he runs onto the ground, a habit he has cultivated throughout his decades-long career and shares as advice with young rising stars.

    “I think one thing I have always done, I appreciate the game for what it is,” Pendlebury told reporters on Monday. “Every week regardless if it’s this week or not, I always take a moment to look around at the stands, find my family, try and say g’day. I always say to the young guys that ever play their first game, one bit of advice from me has got nothing to do with the game because you’re good enough. But when you get out here for the first time, look around, take a moment, just to take it all in because it’s pretty cool you’re achieving your dream. I still like that myself, I still feel like I’m achieving my dream every time I get to come out here.”

    The 400-game club, which includes AFL legends Michael Tuck, Shaun Burgoyne, Brent Harvey, Dustin Fletcher and Kevin Bartlett, will welcome Pendlebury into its elite ranks with an unprecedented new mark when he takes the field Saturday. When asked about the milestone, Pendlebury added that he expects to wander the ground taking in the atmosphere before the match, saying “There will be a part where I come out here and probably look lost or whatever, but I’ll just be wandering and taking it all in.”

    Collingwood has faced public criticism in recent weeks over how it has managed Pendlebury’s milestone schedule. The club rested the star midfielder in two consecutive matches leading up to Saturday’s game, which resulted in a draw against Hawthorn and a one-kick loss to an opponent, leaving fans and analysts questioning the decision to bench their leader for those contests. But Pendlebury has thrown his full support behind the club’s planned timeline, noting he was never likely to play against the Hawks even without the milestone context.

    “It’s an interesting one, we planned out at the start of the year a schedule to manage me for the whole season,” Pendlebury explained. “I’ve spoken about this before, but we’ve taken the long view of getting through the whole season. I certainly didn’t plan to have an achilles injury round 3 or 4. There was no chance, it was funny, I think I seen somewhere that I was moving well before the Hawthorn game. If you had of seen my GPS and top speed, you would probably run faster than me that day. I am comfortable with where it sits and I am really looking forward to Saturday.”

    The milestone match will see Pendlebury wear a special gold number on his Collingwood guernsey to mark the historic occasion, with thousands of fans expected to pack the MCG to witness the record-breaking moment.

  • India’s strategic $9 bn megaport plan for pristine island

    India’s strategic $9 bn megaport plan for pristine island

    Deep in the Andaman Sea, bulldozers have begun clearing old-growth rainforest on Great Nicobar Island, clearing ground for one of India’s most ambitious and controversial infrastructure initiatives ever conceived: a $9 billion megaport, new airport networks, dual-use military installations, and an entirely new planned city. Positioned just off the Strait of Malacca, the global shipping lane that carries roughly 30% of annual world trade, the project is the cornerstone of New Delhi’s efforts to counter China’s growing influence across the Indian Ocean, while transforming the remote archipelago into a major Indo-Pacific connectivity hub. From a geostrategic perspective, the location is unmatched: Great Nicobar sits less than 175 kilometers from Indonesia, far closer to Southeast Asia than any site on India’s mainland. Prime Minister Narendra Modi framed the initiative in September as a project of national, defense, and strategic importance that will reposition the region as a linchpin for maritime and air connectivity across the Indian Ocean.

    The full scope of the plan extends far beyond the $4 billion first phase, which will deliver a deep-water container port at Galathea Bay and an airport at Campbell Bay, scheduled for completion within three years. Once fully operational, the port will handle more than 20 million twenty-foot equivalent units of cargo, earning it a place among India’s three largest container terminals. Devendra Kumar Joshi, the Andaman and Nicobar Islands governor and a former Indian navy admiral, projects the facility could eventually compete with Singapore and Malaysia’s Port Klang to become the leading container handling hub for the entire Indo-Pacific. Across the 836-island archipelago, plans call for expanding existing naval and air infrastructure, including two new airports and upgraded 3-kilometer runways capable of handling heavy military cargo aircraft. All new and updated runways will be dual-use, serving both civilian and military operations, with one upgraded runway on Car Nicobar already inaugurated by India’s Chief of Defence Staff in January. Most details of the military component of the project remain classified, but security analysts frame Great Nicobar’s location as a game-changer for Indian defense posture. New Delhi-based security expert Nitin Gokhale describes the island as “India’s unsinkable aircraft carrier,” noting that its position creates a permanent strategic advantage by allowing India to monitor activity across the region, a capability that redefines India’s security paradigm in the Indo-Pacific. The project is explicitly aligned with India’s Act East policy, designed to counter China’s so-called “string of pearls” strategy of developing port and military infrastructure across the Indian Ocean to secure its own economic and strategic interests.

    Indian officials have repeatedly pushed back against criticism, emphasizing that the project meets all national environmental regulations and includes dedicated protected zones to safeguard Indigenous communities, unique wildlife, and fragile ecosystems. India’s top environmental court ruled in 2023 that it found no justifiable reason to block the project, specifically noting its strategic importance in countering Chinese influence. Environment Minister Bhupender Yadav has insisted the initiative “poses no threat to the island’s tribal groups, does not come in the way of any species, and does not jeopardise the eco-sensitivity of the region.”

    But the massive development has sparked fierce pushback from environmentalists, Indigenous leaders, and local residents, who warn that the costs far outweigh any potential economic or strategic benefits. Roughly 95% of Great Nicobar’s 910 square kilometers is undisturbed, biologically under-explored old-growth forest home to dozens of endemic species found nowhere else on Earth. The project will require clearing nearly 20% of the island’s total land area. Most alarming to rights groups is the threat to Great Nicobar’s Indigenous populations, which total around 1,200 people including the hunter-gatherer Shompen people—one of the most isolated communities on the planet, who almost entirely avoid contact with outsiders—and the Nicobarese. London-based rights organization Survival International has warned that the project threatens “genocide in the name of ‘mega-development’” for these communities.

    Critics also dismiss the government’s environmental mitigation plan, which proposes replanting deforestation offsets thousands of kilometers away in the northern Indian state of Haryana. Manish Chandi, a researcher who has worked extensively with Indigenous communities on Great Nicobar, called the offset plan “nonsense”, noting “We are removing crocodiles from their natural habitat, and saying we are going to conserve them.” Chandi also questioned the economic rationale of the massive investment, saying there is no clear roadmap for recovering the $9 billion price tag. Beyond the port and military infrastructure, the plan includes a 161-square-kilometer new planned city, a combined gas and solar power plant, and large-scale tourism development. Current projections show the island’s population jumping from just 9,000 today to more than 335,000 by 2055, with annual tourist arrivals reaching 1 million by the same date.

    Indigenous leaders warn that the project will erase millennia-old traditional cultures that are deeply tied to the island’s land. “If we lose control of these lands, our culture too will be lost,” said Barnabas Manju, the most senior Nicobarese leader. Even mainland Indian settlers who have lived on the island for generations oppose the plan, many facing displacement without fair compensation. Sharda Devi, a 55-year-old daughter of one of the first mainland settlers who moved to Great Nicobar in 1969, told AFP the government will seize 11 acres of land allocated to her father without offering replacement land or adequate payment. Her neighbor Kusum Mishra, 71, who arrived on the island 50 years ago, called the offered compensation “petty”, saying “they are uprooting us and destroying our lives.”

    Hundreds of kilometers north on Little Andaman, the ripple effects of the broader development push are already being felt, as the government prepares for the “next developmental thrust” after Great Nicobar, per Governor Joshi. The Onge community, one of the archipelago’s most vulnerable Indigenous groups, numbers just 143 surviving members today. Many still maintain their traditional way of life, fishing in intact coral reefs and hunting in protected forest lands, but a growing number of young community members are engaging with the outside world, drawn by new opportunities. Last year, local police began recruiting more than 500 young Indigenous people from across the archipelago to serve as police homeguards, framing the initiative as a way to create local opportunity while leveraging their intimate knowledge of the islands. Raja, one of the first Onge recruits, said his steady salary has inspired other young community members to join, drawn by the chance to travel beyond their isolated villages and see the wider world. His friend Jhaj, another Onge recruit, recently made a major methamphetamine seizure of seven kilograms, catching drug traffickers who operate along the Andaman Sea route from Myanmar. Ashish Biswas, who works for the government-backed Indigenous advocacy group Andaman Adim Janjati Vikas Samiti, said the development brings both risks and opportunities. “These developments point to better things on the horizon,” he said, pointing to growing interest in education among young Indigenous people following the example of Jhaj and Raja.

  • Ultra Tune boss Sean Buckley accuses ex-girlfriend Jennifer Cruz Cole of blackmail in private prosecution

    Ultra Tune boss Sean Buckley accuses ex-girlfriend Jennifer Cruz Cole of blackmail in private prosecution

    A high-profile Australian automotive industry leader has launched a rare private criminal prosecution against his former model girlfriend, alleging a series of targeted blackmail attempts that saw her demand as much as $16 million or an engagement to suppress damaging audio recordings.

    Sean Buckley, executive chairman of national car service and roadside assistance provider Ultra Tune, has brought five formal blackmail charges against Jennifer Cruz Cole, his ex-partner and the mother of one of his children, which were officially filed with Melbourne Magistrates’ Court this Monday. Martin Amad, Buckley’s own solicitor, is leading the prosecution in the case, a unique arrangement permitted under Australian private prosecution rules that allow private citizens to initiate criminal proceedings instead of state law enforcement agencies.

    Cole, who previously worked as one of Ultra Tune’s well-known “rubber girl” promotional models, appeared in court in person following the service of charges on April 12. She was not required to enter a plea at this early procedural hearing.

    Court documents outline that between October 2019 and December 2020, when the former couple’s relationship was coming to an acrimonious end, Cole made five separate “unwarranted demands with menaces” against Buckley. The court ordered Buckley’s name be redacted from public charge sheets. The first charge details an October 2019 demand for $10 million, with a threat to damage the unnamed victim’s reputation via the high-rating current affairs program *A Current Affair*. The most serious allegation dates to late 2020, when Cole is accused of demanding either $16 million or a formal engagement agreement in exchange for withholding “reputationally damaging” audio recordings of the victim.

    Magistrate Gerard Lethbridge confirmed during the preliminary hearing that the severity of the charges means the case will eventually be transferred to the higher County Court for trial, a process that requires the state Director of Public Prosecutions to formally approve and sign the indictment.

    Cole’s legal team, led by barrister David Hancock, requested an interim gag order to temporarily block media from reporting case details, but the magistrate rejected the application, ruling a media ban would not be appropriate in this matter.

    This prosecution is the latest in a string of overlapping legal disputes between the former couple, who dated from 2017 until their split in December 2020. Buckley and Ultra Tune currently have an ongoing civil claim before the Supreme Court against Cole, centered on her alleged publication of a secretly recorded conversation between the two that took place in a Crown hotel room in early 2020.

    In a separate prior criminal matter, allegations that Buckley stalked, secretly recorded, and assaulted Cole in 2020 were dismissed by Melbourne Magistrates’ Court last August, four years after the claims were first filed. Buckley’s legal team has long maintained the allegations were a deliberate set-up by Cole.

    Speaking to reporters outside the courtroom, Amad confirmed Buckley’s decision to pursue a private prosecution was a choice he was legally entitled to make, and that the case would proceed through the courts according to due process. Hancock has stated he will not make any public comments on the matter at this stage. The case is scheduled to return to Melbourne Magistrates’ Court for a further procedural hearing on August 10.

  • No new funding under Albanese’s affordable housing scheme in 2026-27, inquiry told

    No new funding under Albanese’s affordable housing scheme in 2026-27, inquiry told

    Australia’s deepening national housing affordability crisis has hit a new stumbling block, with the Albanese government’s cornerstone social and affordable housing initiative falling well behind its initial delivery timeline, a recent Senate inquiry has heard.

    Launched as a signature policy to address growing intergenerational housing inequality, the $10 billion Housing Australia Future Fund (HAFF) was designed to deliver 40,000 new social and affordable homes over five years starting in 2022, with completion targeted by mid-2029. The fund operates as a dedicated investment vehicle, issuing grants and low-interest loans to community housing providers and developers to deliver housing accessible to low-income and vulnerable households.

    Scott Langford, chief executive of Housing Australia, the government body overseeing the scheme, outlined the latest delivery progress to the Senate inquiry on Monday. As of the latest update, only 1,432 homes across the country have been completed – just over 3.5% of the total 40,000 target. Of those finished homes, 979 were completed in the current 2025-26 financial year, and 670 were classified as turnkey projects, where developers complete construction before handover to funding recipients. Langford confirmed that the agency does not directly purchase existing homes, but he was unable to immediately provide a breakdown of how many completed units were refurbished existing properties rather than entirely new builds, saying he would release full data at a later date.

    The most significant delay confirmed during the hearing involves the third round of HAFF funding, which opened for applications from industry and community groups in January this year. Langford told the inquiry that contracting for this round of funding has “slipped” from its original timeline, with contracts no longer expected to be finalized before the end of the current financial year. Despite the delay, Langford emphasized that all funding for round 3 will be fully allocated by the 2026-27 financial year, adding that the extended timeline will actually give the agency more time to assess proposals and ensure projects have sufficient runway for delivery.

    When pressed on whether the delay would put the overall 40,000-home target at risk, Langford maintained that Housing Australia remains fully committed to hitting the target by 2029. “We are coming towards the end of the second year of a five-year delivery window, and with funding commitments to be made in the second half of this financial year, we see a clear pathway to completion of all those projects,” he said, noting that the delay would not have a material impact on overall delivery and is actually a suitable adjustment to keep the project on track. To date, funding has already been contracted for 18,650 homes across the first two rounds of the scheme.

    The latest update on HAFF comes as Australia faces intensifying public and political pressure to tackle the country’s decade-long housing affordability crisis, which has pushed home ownership far out of reach for millions of would-be buyers and driven record rental prices. The Albanese government has positioned HAFF as its core policy to boost housing supply, and recently expanded its housing agenda with new proposed reforms to capital gains tax (CGT) and negative gearing, aimed at curbing excessive investor activity and freeing up more stock for first-home buyers.

    The conservative Coalition opposition has taken a sharply different approach to the housing crisis, promising to scrap both the planned CGT and negative gearing reforms and abolish the HAFF entirely if elected. Instead, the opposition has proposed cutting planning red tape to speed up construction and adjusting migration intake levels to be tied directly to the number of new housing completions each year.

    Advocacy groups have offered mixed reactions to the government’s recent policy changes. Maiy Azize, national spokesperson for the housing campaign group Everybody’s Home, told the inquiry that her organization is broadly supportive of the proposed CGT and negative gearing changes. She noted that the reforms are not retrospective, a key win for policy stability, but added that they do not grandfather new investments, which will help deliver long-term change to the market. Azize described CGT reform as the most impactful of the proposed changes, but raised questions about whether the adjustments will be enough to shift investor behaviour after 25 years of the existing policy framework becoming entrenched in Australia’s property market. “There is a strong case to be made for doing more on negative gearing,” Azize said, pointing out that the current changes heavily protect existing investors and leave room for further reform to free up more housing stock for owner-occupiers.

  • ASX falls to seven-week low, miners and industrials main draggers

    ASX falls to seven-week low, miners and industrials main draggers

    A sharp downturn has dragged Australia’s benchmark sharemarket to its lowest point in seven weeks, driven by skyrocketing global crude oil prices that have punished oil-reliant industries and triggered widespread selloffs across multiple blue-chip and mid-cap stocks on Monday.

    The S&P/ASX 200 closed the trading session at 8,505.3 points, marking a 1.45% drop that was twice as steep as pre-market futures had forecast. Out of the benchmark index’s 11 industry sectors, only energy managed to end the day in positive territory, while materials and industrial firms recorded the largest losses. The broader All Ordinaries index followed a similar trajectory, falling 1.52% for the day.

    Multiple individual stocks suffered dramatic single-day declines, driven by company-specific challenges alongside broader market headwinds. Pallet and supply chain giant Brambles led the blue-chip losses, plummeting 20.2% after issuing an $84 million revenue downgrade. The company disclosed that widespread labor shortages have left it unable to repair and refurbish pallets to the strict specifications required for automated robotic handling systems – robots cannot accommodate splintered, chipped, or bent pallets, disrupting Brambles’ core CHEP operations. Brambles is the latest in a string of major Australian blue chips, including Cochlear, Commonwealth Bank, and CSL, to see major selloffs in recent weeks.

    Other notable losers included Singapore-based telco holding company Tuas, which collapsed 62.8% after Singaporean authorities blocked a planned acquisition and revealed one of the firm’s local subsidiaries may have been illegally using unapproved radio frequencies. Agribusiness wholesaler Elders dropped 22.9% following the release of its half-year results, where the company reaffirmed that elevated diesel prices would continue to hit its bottom line. While high wool and livestock prices and favorable growing conditions in South Australia and Victoria have offset some losses, Elders is still grappling with severe drought and reduced crop yields in northern New South Wales, with diesel costs showing no signs of easing.

    The oil price surge that shook market sentiment on Monday saw Brent crude climb above $110 per barrel, while West Texas Intermediate crossed the $107 per barrel threshold. This rally delivered clear gains to domestic energy producers: Woodside Energy rose 2.9%, Santos added 2.7%, Beach Energy gained 2.7%, and Viva Energy closed up 1.3%.

    In contrast, 36 of Australia’s 40 largest mining firms dropped by at least 1.3% on the day. BHP fell 2.8%, Fortescue Metals Group declined 2.9%, Rio Tinto slid 3.6%, and Northern Star Resources shed nearly 2.5%. Rising bond yields and persistent inflation concerns also weighed heavily on gold-focused mining equities, with Newmont dropping 4.2% and Greatland Resources falling 5.9%. The lone gainer among the 40 largest miners was Lynas Rare Earths, which rose 5.5% after federal Treasurer Jim Chalmers ordered Chinese shareholders to divest their holdings in rare earth miner Northern Minerals, clearing a path for increased market access for Australian producers.

    Justin Lin, a strategist at Global X ETFs, noted that the ASX materials sector has actually outperformed financials for nine consecutive months (excluding volatility tied to geopolitical tensions around Iran), marking the longest streak of relative outperformance in more than two decades. This run has been fueled by a range of tailwinds, including a low post-pandemic base, Western-led supply chain restructuring away from China, and surging global demand for critical minerals used in semiconductor manufacturing. “Smart money has clocked this trend for a while now,” Lin explained. “Due to the significant overweight position of financials within the domestic index, the road ahead for Australian equities could still prove challenging, even with materials acting as a ballast against weakening conditions in the local economy.”

    The Australian dollar also saw extreme volatility in May, completing what Westpac currency analysts described as a “full round trip” that erased almost 1.4 US cents of earlier gains. After trading comfortably above the US$0.72 mark for much of the month, the currency suffered a bruising pullback to end last week. Westpac analysts noted in a research note that the ongoing global bond selloff is now clearly spilling over into risk-sensitive assets, leaving the Australian dollar facing a packed week of market events with significant uncertainty to price in.

  • Tributes flow after Australian shark attack victim named as father-of-two

    Tributes flow after Australian shark attack victim named as father-of-two

    A devastating shark attack has claimed the life of a 38-year-old Australian father of two, sparking an outpouring of grief and tributes from across Western Australia’s coastal community over the weekend.

    Steven Mattaboni was spearfishing alongside a group of friends roughly one kilometer offshore from Horseshoe Reef, a popular spot located northwest of Perth’s iconic Rottnest Island, when the incident unfolded around 10 a.m. local time on Saturday. The massive predator, measuring approximately 4 meters (13 feet) in length, bit Mattaboni on his lower leg in what law enforcement has described as a horrific attack. He was around 20 meters from his anchored vessel when the attack occurred, leaving his friends to witness the traumatic event firsthand.

    Mattaboni’s companions immediately rushed him back to shore in a desperate bid to save his life, but emergency responders were unable to resuscitate him. Western Australia Police will prepare a full report for the state coroner to formally document the circumstances of the fatality.

    In a heartbreaking statement released after the attack, Mattaboni’s wife Shirene opened up about the irreparable loss her family has suffered, remembering her husband as an incredible parent to the couple’s two young daughters — a child turning three next month and a four-month-old baby. An avid fisherman who was deeply passionate about ocean life, Mattaboni “lived and breathed the water,” his wife said. “Fiercely loyal, endlessly generous, and the kind of man who would give you the shirt off his back,” she wrote. “The world has lost a truly one-of-a-kind gentleman, and our daughters have lost an incredible father far too soon. Our hearts are irrevocably broken.”

    Tributes quickly extended beyond Mattaboni’s immediate family to the local community groups he was part of. The Kingsley Amateur Football Club, based in Perth’s northern suburbs where Mattaboni played for the team, remembered him as a much-loved friend to many members. “Mattas was one of the most genuine people you could meet,” the club shared in a public online post. “He had a smile and presence that could light up a room, and he will be remembered fondly by all who had the privilege of knowing him.”

    Graham Henderson, president of the Australian Underwater Federation, the national peak body representing spearfishing enthusiasts, said the entire community was reeling from the unexpected loss. “My heart goes out to his family, the club members and the people who were supporting him out on that dive,” Henderson told the Australian Broadcasting Corporation.

    Henderson noted that while spearfishing inherently carries some level of risk, the community works proactively to mitigate threats. For organized competitive events, safety protocols include on-site patrol boats and drone surveillance to spot sharks in surrounding waters before they reach divers. “But of course when people are doing it recreationally… that is probably when they are most vulnerable,” he added.

    Reece Whitby, Western Australia’s police minister, acknowledged the courage and quick action of Mattaboni’s friends, who put themselves at risk to get him back to shore, as well as the first responders who attempted to save his life. “I want to acknowledge the diver’s friends who played a critical role in doing the best they could to bring him back to shore,” Whitby said Saturday. “They all witnessed a very confronting, disturbing and tragic scene.”

    The WA Department of Primary Industries and Regional Development has confirmed it received an official report of the attack by the 4-meter shark, marking another tragic reminder of the risks that come with recreational ocean activity along Australia’s well-known shark-populated western coast.

  • Luke Sayers and wife Cate battle in court over ‘dick pic’ scandal trial

    Luke Sayers and wife Cate battle in court over ‘dick pic’ scandal trial

    A high-profile legal dispute has erupted in Australia’s Supreme Court between former Carlton Football Club president Luke Sayers and his estranged wife Cate Sayers, centered on a viral explicit image scandal that played out on social media platform X earlier this year. The conflict centers on an explicit photo of Luke Sayers that was posted to his personal X account in January, which also tagged one of Carlton Football Club’s major sponsors. The image was taken down just 15 minutes after it went live, but not before it sparked widespread public and media attention across the country.

    Both sides have vehemently denied responsibility for the post. Luke Sayers, who has stepped away from his leadership role at the AFL club, claims he could not have uploaded the image because he was showering at the time of the post. He has previously alleged that one day after the incident, Cate Sayers made comments implying she was behind the post, saying words to the effect of “let’s see how you get out of this one”. Cate Sayers has firmly refuted this accusation, noting she was not staying at the same hotel as her estranged husband when the post went live, and has outright denied sharing the image.

    The legal fight has now expanded beyond who posted the photo to include cross claims of defamation, as well as a dispute over where the trial should be heard. Luke Sayers’ legal team, led by prominent barrister Matthew Collins KC, is pushing to have the case transferred to the family court division of the Federal Court. Collins argued in court that the original X post itself constitutes a defamatory act against his client, noting that Luke Sayers faced relentless negative media attention in the days after the image was published. A separate internal inquiry conducted by the Australian Football League (AFL) cleared Luke Sayers of any intentional wrongdoing in connection with the post.

    For her part, Cate Sayers is pushing to keep the proceedings in the Supreme Court, and has launched her own defamation counterclaim. She argues that a statutory declaration submitted during the investigation into the X post defamed her, with legal representatives noting that the reputational damage she has suffered extends across the entire country. Last week, the *Herald Sun* revealed that Cate Sayers had issued formal subpoenas to both Carlton Football Club and the national AFL governing body as part of her case.

    During opening procedural hearings on Monday, Supreme Court Justice Andrew Watson ordered a temporary closure of the court for early closed-door arguments over whether the full trial should proceed in open court. Watson previously ordered that live streaming of the proceedings be halted, after Collins argued that heightened public and social media attention around the salacious case could complicate fair judicial proceedings. While stressing that “we don’t want to exclude the media from being able to report”, Justice Watson also shared concerns that members of the general public attending the open trial may not be prepared for the explicit nature of the evidence and legal discussions in the case.

  • Who could be the 2026 World Cup’s breakout star?

    Who could be the 2026 World Cup’s breakout star?

    The FIFA World Cup has long been the ultimate launchpad for young football talent, turning promising prospects into household global names overnight. As the 2026 tournament co-hosted by the United States, Mexico and Canada approaches, AFP Sport has profiled five standout young players widely tipped to emerge as the competition’s next breakout superstar.

    First up is 21-year-old Nico Paz, a product of the Real Madrid academy who currently plies his trade at Italian side Como. Though born and raised in Spain, the son of former Argentina international Pablo Paz chose to represent the reigning World Cup champions. Over the past two seasons working under manager Cesc Fabregas at Como, Paz’s game has developed rapidly, with Real Madrid already preparing to trigger their buyback clause to bring the youngster back to the Spanish capital. Renowned for his polished technical skill and deadly long-range finishing, Paz has drawn attention from top clubs across Europe. For Argentina, he could step into a critical role: with coach Lionel Scaloni expected to manage 38-year-old Lionel Messi’s minutes carefully during the side’s title defense, Paz may face the high-pressure task of filling the legendary forward’s shoes.

    Next is 20-year-old France winger Desire Doue, who has already proven his quality on the biggest club stage. Last season, he claimed the man-of-the-match award and netted twice in Paris Saint-Germain’s Champions League final thumping of Inter Milan. The 2026 World Cup will mark his first appearance at a major senior international tournament, however. Doue faces stiff competition just to earn a starting spot in Didier Deschamps’ deep attacking corps, which already includes Kylian Mbappe, Ballon d’Or winner Ousmane Dembele and Bayern Munich’s Michael Olise. But he gave Deschamps a clear reminder of his potential in March, scoring his first two international goals during a 3-1 friendly win over Colombia.

    For hosts England, 21-year-old Nico O’Reilly has emerged as a potential breakout candidate after earning the trust of Pep Guardiola to become a regular starter at treble-winning Manchester City. Originally a goal-scoring midfielder, O’Reilly has been converted into an attacking left-back by Guardiola, who has leveraged his unique combination of height, pace and technical skill to create a dangerous offensive weapon from deep positions. His emergence could also solve a long-standing problem for England manager Thomas Tuchel: during the Three Lions’ run to the Euro 2024 final, the side spent most of the tournament without a fit natural left-back after Luke Shaw’s injury. Guardiola has been full of praise for the youngster’s rapid rise, saying: “What a player. He has made an incredible step up and he has had a lot of minutes, but he deserves it.”

    Brazil’s 19-year-old Endrick, one of the most hyped teenage prospects in the world, is also primed for a breakout. The prodigy made his Palmeiras debut at 16 and was signed by Real Madrid before he turned 18, and his chances of shining at the World Cup have been boosted by a successful loan spell at French side Lyon that has reignited his scoring form. Endrick made history two years ago when he scored the match-winning goal against Brazil at Wembley, becoming the Seleção’s youngest goalscorer since Ronaldo Nazário. After a slow start following his agreement to join Real Madrid, the forward has found his touch in front of goal since moving to Lyon in January 2026. Frequently compared to Brazilian legend Romario thanks to his low, powerful build, Endrick will be hoping to replicate the great’s 1994 World Cup success, when Romario scored five goals to lead Brazil to title on U.S. soil.

    Rounding out the list is Spain’s Pedri, the 23-year-old midfield playmaker who has already been hailed as the natural heir to Barcelona and Spain legend Xavi Hernandez. Pedri first announced himself to the world as an 18-year-old at Euro 2020, and was a key part of Spain’s Euro 2024 title run before a hamstring injury ruled him out of the semi-final and final matches. At the club level, Pedri has put his past fitness issues behind him under Barcelona manager Hansi Flick, starring in the side’s back-to-back La Liga title triumphs over the past two seasons. With a full bill of health heading into the 2026 World Cup, Pedri is widely expected to anchor Spain’s title challenge and cement his status as one of the world’s top midfielders.