Federal politics: PM leaves door open for further defence spending to boost capability — as it happened
Prime Minister Anthony Albanese has outlined his priorities for his second term in office in his first major speech since his emphatic election win.
Asked about whether Australia should heed the advice of the US and up defence spending to 3.5 per cent of GDP, he says it's up to Australia to decide how much it spends on defence.
The PM says he wants to make sure that every single dollar spent on defence results in "actual assets".
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News.com.au
14 minutes ago
- News.com.au
MCC boss David Jones' secret $2m Ferrari mancave up for grabs
A secret Melbourne warehouse stuffed with classic Ferraris, a century-old '6-666' number plate and decades of personal memorabilia is about to hit the market. Tucked away on Green St, Cremorne the 290sq m property belonged to the late David Jones — former Melbourne Cricket Club president, Tattersall's chairman and one of Victoria's most decorated civic figures. 'I'd be locked out': Mum's $65k home warning Now, following his death in February this year, the warehouse is going to auction, but what's inside has already stopped buyers in their tracks. The industrial building was Mr Jones' private man cave and museum. Inside? A 1972 Ferrari Dino GT, a 1955 MG Roadster, and the infamous 1913 '6-666' number plate. But that's just the beginning. Photos from Formula 1 circuits, rare car parts, and decades of hand-picked memorabilia line the walls in what's been described as part gallery, part man cave, and part shrine to automotive obsession. Colliers Melbourne director Ben Baines, who first visited the space with Mr Jones himself, said the passion was unmistakeable. 'It definitely wows you, not just the quantity, but the quality,' Mr Baines said. 'David was pointing things out with such enthusiasm. The stories, the history, it was incredible.' While the luxury collectibles will be sold separately via Doningtons, the warehouse itself is tipped to fetch north of $2m. And Mr Baines said buyers are already circling. 'We've had strong interest, mostly locals, some within 5km, looking to do something similar,' he said. 'Either use it to store cars, art, or convert it into a creative office space. These kinds of warehouses just don't come up in Cremorne.' The Colliers Melbourne director who has worked in the suburb for over 15 years, said it was one of the most distinctive listings he'd ever handled. 'It's not your typical man cave, no bar or pool table. It's more like a hybrid art gallery with a personal legacy running through every piece, Mr Baines said. Cremorne is one of Melbourne's most tightly held commercial markets. And with freehold warehouse stock under 400sq m in extreme short supply, Baines expects demand to be fierce. 'The broader commercial market is also showing some green shoots,' he added. 'We're seeing more interstate and overseas interest again, but this one's definitely struck a chord with locals.' Mr Jones, who held titles including Officer of the order of Australia (AO) was a quiet powerhouse in Melbourne's sporting and philanthropic circles and now, so is the space he left behind. 116 Green St, will go to auction on-site at 12:30pm on Thursday, July 3.
News.com.au
27 minutes ago
- News.com.au
Best EOFY 2025 entry-level sales in Australia
June is the best time to buy a new car, thanks to the end of financial year deals in place for new cars. But huge savings are hard to find at the most affordable end of the car market. Sharp prices and thin profit margins make it hard for manufacturers to offer big discounts on their most affordable machines. While the days of sub-$20,000 cars are behind us, there are deals to be done involving models that cost less than $30,000 drive-away. ENTRY-LEVEL CARS MG5 sedan: The best deal on a cheap car might be the MG5 sedan currently priced from $23,888 drive-away in run-out mode, a discount of more than $8500. That is a razor sharp price, but it's worth mentioning that this is a basic machine with a zero-star ANCAP safety score. Skoda Fabia: You won't find a better car than the Skoda Fabia for less than $30,000 – though it only slips under that mark by $10. Discounted by $2000, the compact hatchback brings European motoring for $29,990 drive-away. MG3: If $30,000 is too dear, consider the MG3 hatchback priced from $22,888 drive-away, a discount of more than $3000 for 2024-plate models. Haval Jolion: GWM's budget-minded model is on sale for $24,990 drive-away, which is $2000 less than its usual price. We reckon the mid-range Lux model is a better bet for $27,990, adding LED headlights, a digital dash, climate control, premium stereo and faux leather trim for a further $4000. Hyundai Venue: Hyundai's entry-level car is on sale from $25,990 drive-away in entry-level form, or $29,990 drive-away as the mid-range Active, a discount of about $1000. Mazda 2: Available in hatch and sedan form for $29,990 drive-away, Mazda's smallest car has been discounted by about $1000. Kia Picanto: Officially Australia's cheapest car, on sale from $22,340 drive-away in automatic form, the Kia Picanto sport is a tiny machine backed by a seven-year warranty. Forget about huge discounts on this one – though there might be a bit of room to haggle on existing stock. Chery Tiggo 4 Pro: As one of the cheapest cars on sale – yours for $23,990 drive-away – there's not a lot of wiggle room in Chery's most affordable car. But you can get it with sharp finance priced from $88 per week.
ABC News
34 minutes ago
- ABC News
ABC announces plan to discontinue Q+A, boosts news documentaries and Your Say
Wednesday 11 June 2025 The ABC has today announced a plan to discontinue Q+A after an outstanding 18-year run and look to new ways to facilitate discussion and elevate voices from around the country. Q+A was a groundbreaking program that had made a significant contribution to Australian society, said ABC Director, News Justin Stevens. 'We're very proud of Q+A 's great achievements over the years. The team has done a terrific job, including a strong performance during the federal election campaign,' he said. 'Discontinuing the program at this point is no reflection on anyone on the show. 'We always need to keep innovating and renewing, and in the two decades since Q+A began the world has changed. It's time to rethink how audiences want to interact and to evolve how we can engage with the public to include as many Australians as possible in national conversations. We'll be working on how we can continue to foster engagement of this nature in an innovative way.' New projects from ABC NEWS include embedding Your Say as a permanent initiative to drive audience engagement in communities throughout Australia. During the federal election campaign Your Say received almost 30,000 online submissions, 36 per cent of them from outside the capital cities, plus thousands of talkback calls on local and regional radio. Hundreds of Your Say contributions were used by News teams and its insights informed the questions put to politicians and the topics for the ABC's leaders debate. " Your Say ensures we have a strong framework for putting the public's views, concerns and questions at the heart of our journalism, complementing our daily commissioning and reporting,' Stevens said. 'We're keen to see what else we can do with this.' ABC NEWS is also investing in producing more news documentaries. Building on the success of individual high-end programs such as Killing Season and Nemesis, it will soon advertise for the new position of Executive Producer, Documentaries & Specials. 'We're excited about being able to produce additional high impact, premium news documentary programs to complement the ABC's strong factual slate,' Stevens said. Q+A , which is currently off air, launched in 2008 under Executive Producer Peter McEvoy and host Tony Jones. 'Many extremely talented and dedicated people have worked on Q+A , as presenters and behind the scenes,' Stevens said. 'I sincerely thank them all, and everyone who has contributed as audience members and panellists. 'I want to call out current Executive Producer Eliza Harvey and presenter Patricia Karvelas. They are hugely talented journalists who have done an outstanding job with Q+A in recent years. 'On top of hosting Afternoon Briefing , presenting the popular Politics Now podcast and writing analysis for the ABC NEWS website, Patricia also recently reported for Four Corners , and we've now asked her to do more for Four Corners as time permits.' Karvelas said she had immensely enjoyed being part of the program. 'Spending time with the audience members who came to Q+A late on a Monday night has been the best part of this job,' she said. 'They have always been the reason for this show and I'm forever grateful to them for coming on national TV and having the courage to ask questions of powerful people.' Media contact: Sally Jackson | ABC Communications
