Evolution Mining's Profit More Than Doubles on Gold's Surge
Net income for the year to June rose 119% from the 12 months before to A$926 million ($605 million), while revenue from contracts with customers was up 35% to A$4.35 billion, it said in a statement Wednesday. Evolution will pay a final dividend of 13 cents per share, compared with five cents a year ago.
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Yahoo
27 minutes ago
- Yahoo
Albanese accused of Palestine 'mess', surprise statistic despite Coles and Woolworths crackdown, commuter horror as train crashes
Hello and welcome to Yahoo's live news blog this Thursday. Opposition Leader Sussan Ley says Anthony Albanese has made "a mess" of Australia's position on the Israel-Gaza war. Her comments come after Hamas welcomed the prime minister's call to recognise a Palestinian state. Supermarket prices have risen at their highest rate in five years, new research shows. That's despite the Albanese government promising to significant action to ensure Australians can afford their weekly shop. Follow along as we bring you regular updates throughout the day. The $750k Powerball winner has missed out on The mystery punter who scored June's incredible $100 million Powerball jackpot has made a costly $750,000 mistake by failing to step forward and reveal their identity. The prize money remains unclaimed despite an intensifying search for the winner, who purchased the unregistered ticket from a Bondi Junction newsagent in Sydney's eastern suburbs. Other than that, little is known about the new multimillionaire despite several theories emerging, including that the winner could even be a tourist. It's been nine weeks since the unknown player won the hefty sum. If, theoretically, they had taken their winnings and put it in a term deposit or something similar, earning somewhere around the market rate of 4.5 per cent, they would have made an extra $750,000 in the last two months alone in pre-tax income. That's about the median price of an apartment in Sydney's notoriously expensive housing market. Read more about what lottery officials are doing to find the mystery winner here. Surprise supermarket reveal despite Albo crackdown While the Albanese government has vowed to crack down on inflated supermarket prices, putting market leaders Coles and Woolworths on notice not much has changed in the past 12 months it seems. In fact, according to Canstar Blue research, the situation is the worst its been in the past five years. Research found the average spend on weekly groceries for a household of four had increased 11 per cent in the last year to $240. 'That's the biggest annual jump recorded in the last five years, and likely no surprise to anyone who's been at the checkout lately,' Canstar Blue spokesperson Eden Radford said. Opposition Leader blasts Albanese after Hamas praise Sussan Ley says Anthony Albanese is 'making a real mess' after Hamas praised his decision to recognise Palestinian statehood. Hamas, the Islamist militants behind the October 7 attacks on Israel in 2023, overnight issued statements to Australian media saying it welcomed any support to 'help the Palestinian people achieve their national goals'. The group - a registered terrorist organisation in Australia - runs Gaza, where Israel has waged a 22-month war in a bid to wipe it out and rescue hostages taken the October 7 assault. The Opposition Leader said on Thursday the Prime Minister needed to rethink his decision. 'On the same day, a listed terror organisation calls our Prime Minister a hero, while our closest ally, the US, says that these actions are going to make peace in the region less likely,' Ms Ley told Nine's Today. 'So it's really quite extraordinary, because remember, the Prime Minister used justification for this decision by saying Hamas would not be involved. 'And I saw the Treasurer yesterday saying, oh, Hamas will have no role in a future Palestinian state. Really? As if we can control these things?' Read more from NewsWire here. Commuter chaos as train and truck collide A truck and a packed commuter train have collided in Brisbane's south, sparking major delays on South East Queensland lines. Emergency services were called to a stopping at Bonemill Rd in in Runcorn shortly after 7am on Thursday after reports the trailer section of a truck and the train collided. A Queensland Ambulance spokesperson confirmed about 300 passengers were on-board the train at the time. Only a single person was left complaining of injury, with a split lip and back pain. The drivers of both the truck and the train were uninjured. Queensland Fire Department crews attended the scene but had left shortly before 9am. The incident sparked chaos on the state's train network, with services between Kuraby and Altandi suspended and replacement buses arranged. - NewsWire Do you have a story tip? Email: newsroomau@ You can also follow us on Facebook, Instagram, TikTok, Twitter and YouTube. The $750k Powerball winner has missed out on The mystery punter who scored June's incredible $100 million Powerball jackpot has made a costly $750,000 mistake by failing to step forward and reveal their identity. The prize money remains unclaimed despite an intensifying search for the winner, who purchased the unregistered ticket from a Bondi Junction newsagent in Sydney's eastern suburbs. Other than that, little is known about the new multimillionaire despite several theories emerging, including that the winner could even be a tourist. It's been nine weeks since the unknown player won the hefty sum. If, theoretically, they had taken their winnings and put it in a term deposit or something similar, earning somewhere around the market rate of 4.5 per cent, they would have made an extra $750,000 in the last two months alone in pre-tax income. That's about the median price of an apartment in Sydney's notoriously expensive housing market. Read more about what lottery officials are doing to find the mystery winner here. The mystery punter who scored June's incredible $100 million Powerball jackpot has made a costly $750,000 mistake by failing to step forward and reveal their identity. The prize money remains unclaimed despite an intensifying search for the winner, who purchased the unregistered ticket from a Bondi Junction newsagent in Sydney's eastern suburbs. Other than that, little is known about the new multimillionaire despite several theories emerging, including that the winner could even be a tourist. It's been nine weeks since the unknown player won the hefty sum. If, theoretically, they had taken their winnings and put it in a term deposit or something similar, earning somewhere around the market rate of 4.5 per cent, they would have made an extra $750,000 in the last two months alone in pre-tax income. That's about the median price of an apartment in Sydney's notoriously expensive housing market. Read more about what lottery officials are doing to find the mystery winner here. Surprise supermarket reveal despite Albo crackdown While the Albanese government has vowed to crack down on inflated supermarket prices, putting market leaders Coles and Woolworths on notice not much has changed in the past 12 months it seems. In fact, according to Canstar Blue research, the situation is the worst its been in the past five years. Research found the average spend on weekly groceries for a household of four had increased 11 per cent in the last year to $240. 'That's the biggest annual jump recorded in the last five years, and likely no surprise to anyone who's been at the checkout lately,' Canstar Blue spokesperson Eden Radford said. While the Albanese government has vowed to crack down on inflated supermarket prices, putting market leaders Coles and Woolworths on notice not much has changed in the past 12 months it seems. In fact, according to Canstar Blue research, the situation is the worst its been in the past five years. Research found the average spend on weekly groceries for a household of four had increased 11 per cent in the last year to $240. 'That's the biggest annual jump recorded in the last five years, and likely no surprise to anyone who's been at the checkout lately,' Canstar Blue spokesperson Eden Radford said. Opposition Leader blasts Albanese after Hamas praise Sussan Ley says Anthony Albanese is 'making a real mess' after Hamas praised his decision to recognise Palestinian statehood. Hamas, the Islamist militants behind the October 7 attacks on Israel in 2023, overnight issued statements to Australian media saying it welcomed any support to 'help the Palestinian people achieve their national goals'. The group - a registered terrorist organisation in Australia - runs Gaza, where Israel has waged a 22-month war in a bid to wipe it out and rescue hostages taken the October 7 assault. The Opposition Leader said on Thursday the Prime Minister needed to rethink his decision. 'On the same day, a listed terror organisation calls our Prime Minister a hero, while our closest ally, the US, says that these actions are going to make peace in the region less likely,' Ms Ley told Nine's Today. 'So it's really quite extraordinary, because remember, the Prime Minister used justification for this decision by saying Hamas would not be involved. 'And I saw the Treasurer yesterday saying, oh, Hamas will have no role in a future Palestinian state. Really? As if we can control these things?' Read more from NewsWire here. Sussan Ley says Anthony Albanese is 'making a real mess' after Hamas praised his decision to recognise Palestinian statehood. Hamas, the Islamist militants behind the October 7 attacks on Israel in 2023, overnight issued statements to Australian media saying it welcomed any support to 'help the Palestinian people achieve their national goals'. The group - a registered terrorist organisation in Australia - runs Gaza, where Israel has waged a 22-month war in a bid to wipe it out and rescue hostages taken the October 7 assault. The Opposition Leader said on Thursday the Prime Minister needed to rethink his decision. 'On the same day, a listed terror organisation calls our Prime Minister a hero, while our closest ally, the US, says that these actions are going to make peace in the region less likely,' Ms Ley told Nine's Today. 'So it's really quite extraordinary, because remember, the Prime Minister used justification for this decision by saying Hamas would not be involved. 'And I saw the Treasurer yesterday saying, oh, Hamas will have no role in a future Palestinian state. Really? As if we can control these things?' Read more from NewsWire here. Commuter chaos as train and truck collide A truck and a packed commuter train have collided in Brisbane's south, sparking major delays on South East Queensland lines. Emergency services were called to a stopping at Bonemill Rd in in Runcorn shortly after 7am on Thursday after reports the trailer section of a truck and the train collided. A Queensland Ambulance spokesperson confirmed about 300 passengers were on-board the train at the time. Only a single person was left complaining of injury, with a split lip and back pain. The drivers of both the truck and the train were uninjured. Queensland Fire Department crews attended the scene but had left shortly before 9am. The incident sparked chaos on the state's train network, with services between Kuraby and Altandi suspended and replacement buses arranged. - NewsWire A truck and a packed commuter train have collided in Brisbane's south, sparking major delays on South East Queensland lines. Emergency services were called to a stopping at Bonemill Rd in in Runcorn shortly after 7am on Thursday after reports the trailer section of a truck and the train collided. A Queensland Ambulance spokesperson confirmed about 300 passengers were on-board the train at the time. Only a single person was left complaining of injury, with a split lip and back pain. The drivers of both the truck and the train were uninjured. Queensland Fire Department crews attended the scene but had left shortly before 9am. The incident sparked chaos on the state's train network, with services between Kuraby and Altandi suspended and replacement buses arranged. - NewsWire
Yahoo
27 minutes ago
- Yahoo
Leaked advice shows big housing, AI news
A leak revealing the Treasury pre-wrote a list of outcomes from Labor's much-hyped economic roundtable is proof the 'whole exercise is being choreographed', Sussan Ley says. The roundtable will not happen until next week, and yet a Treasury document showed pre-written advice for cabinet, the ABC reported on Thursday. Among the recommendations was pausing the National Construction Code, which sets safety and environmental standards for buildings. The code has been criticised, including by the Productivity Commission, for driving up the cost of construction by imposing overly strict regulations. The leaked document also recommended a plan to roll out artificial intelligence to process building approvals. The Opposition Leader said it was clear the government already knew what it wanted from the upcoming roundtable. 'It's all been lined up, statements are ready to go out,' Ms Ley told Nine's Today. 'People are going there in good faith and they want to see outcomes. 'They want see us growing the economic pie and they want to see Australians pay less tax and be rewarded for their effort. 'I fear that none of those things are actually on the agenda at this productivity roundtable.' Her predecessor, Peter Dutton, took a 10-year pause on the National Construction Code to the federal election. Whether the policy remains in line with Ms Ley's vision for the Coalition is unclear. Further on housing, the Treasury advice recommended measures to streamline housing approvals and reforms to clear a backlog of 30,000 applications waiting to clear environmental hurdles. The artificial intelligence plan would be key to getting through that backlog. The focus on housing comes amid widespread expectations the Albanese government will fall short of its pledge to build 1.2 million homes by 2030. Employment and Workplace Relations Minister Amanda Rishworth defended the pre-written advice, saying it was normal for Treasury officials to prepare notes based on conversations in the lead-up to the big talks. 'It's not surprising that Treasury would prepare advice to government and, of course, in the lead-up to the productivity roundtable, there has been ministers and other organisations holding a lot of discussions,' Ms Rishworth told the ABC. 'There's been other roundtables led by government ministers discussing some of the challenges and some of the opportunities.' She added that it was 'a really good opportunity to bring people together and look at the very long term of what we need to do as a country'.
Yahoo
27 minutes ago
- Yahoo
Chinese PC maker Lenovo Q1 profit doubles, revenue up 22%
BEIJING (Reuters) -China's Lenovo on Thursday reported a 108% rise in first-quarter profit despite challenges from U.S. tariff policies. Net profit attributable to shareholders was $505 million, above the consensus estimate of $307.7 million. The world's largest personal computer maker posted revenue of $18.8 billion for the three months ended June 30, beating analysts' expectations of $17.4 billion, according to LSEG data.
