
SBS News In Easy English 18 July 2025
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Sky News AU
12 minutes ago
- Sky News AU
Labor slammed when responding to student debt questions during Question Time
Assistant Treasurer Dr Daniel Mulino defended the Albanese government's intentions to assist young Australians. 'The prime minister said that a re-elected Albanese Labor government would wipe 20 per cent of all student debts, he said this would be the first bill that we would introduce in the new parliament,' Mr Mulino said during Question Time on Tuesday. 'And guess what, that's exactly what we've done. 'We also pledge to make it easier to make it easier for people with student debt to enter the housing market … that work is done.'

News.com.au
12 minutes ago
- News.com.au
Closing Bell: Market weathers tariff gloom to finish in the green
Energy stocks climb as oil ticks up 2pc ASX rallies late to climb 0.08pc Gold stocks slide despite recovering gold price ASX lifts as clouds part for energy sector The ASX was in a decidedly bad mood today, hanging out in negative territory for the majority of the trading session before recovering in the last half hour. The market closed up 0.08%, crossing into positive territory on a last-minute rally in energy stocks. A 2% uptick in oil prices had the sector yoyo-ing through the day before finally settling in the green to provide some much-needed support for the broader market. Woodside Energy (ASX:WDS) lifted 1.57% and Santos (ASX:STO) added 2%. A little further down the pecking order, alternative energy companies were also moving higher. Green hydrogen firm Provaris Energy (ASX:PV1) climbed 4.55%, and natural hydrogen plays HyTerra (ASX:HYT) and Gold Hydrogen (ASX:GHY) added 5.56% and 1.79% each. The real estate sector was the biggest drag, shedding 0.44% with lesser losses in consumer staples, financials and materials. The EU-US trade deal also applied pressure to the gold price overnight, sliding 0.8% to US$3310 an ounce before recovering most of that in today's session. The ASX All Ords Gold index still fell 0.28%, mirroring the larger materials sector despite a small uptick in resource stocks. ASX SMALL CAP LEADERS Today's best performing small cap stocks: Code Name Last % Change Volume Market Cap BEO Beonic Ltd 0.32 49% 219661 $15,235,117 HLX Helix Resources 0.002 33% 2745339 $5,046,291 NAE New Age Exploration 0.004 33% 6000000 $8,117,734 B4P Beforepay Group 2.18 33% 204334 $79,383,074 NOX Noxopharm Limited 0.125 29% 2317923 $28,347,081 SCP Scalare Partners 0.16 28% 293110 $5,229,378 EVG Evion Group NL 0.038 27% 3075443 $13,047,599 HFR Highfield Res Ltd 0.195 26% 625545 $73,481,942 D3E D3 Energy Limited 0.335 24% 565977 $21,458,252 BSA BSA Limited 0.09 23% 15510313 $5,496,919 HCT Holista CollTech Ltd 0.089 22% 1138344 $24,458,551 BDG Black Dragon Gold 0.06 20% 722759 $15,898,303 EE1 Earths Energy Ltd 0.006 20% 100000 $2,649,821 FBR FBR Ltd 0.006 20% 7267046 $28,447,261 SKK Stakk Limited 0.006 20% 83333 $10,375,398 1TT Thrive Tribe Tech 0.0095 19% 791210 $812,691 BM8 Battery Age Minerals 0.07 19% 6584846 $8,956,308 CHM Chimeric Therapeutic 0.0035 17% 4244892 $9,747,370 ENV Enova Mining Limited 0.007 17% 407721 $8,745,600 TON Triton Min Ltd 0.007 17% 607569 $9,410,332 TSL Titanium Sands Ltd 0.007 17% 228039 $14,068,483 GRV Greenvale Energy Ltd 0.051 16% 371924 $23,952,427 AUZ Australian Mines Ltd 0.008 14% 1314681 $11,977,085 AX8 Accelerate Resources 0.008 14% 506793 $5,720,321 BLU Blue Energy Limited 0.008 14% 125000 $12,956,815 In the news… LiDAR-based logistics company Beonic (ASX:BEO) has secured a contract to deploy its passenger flow management technology across seven major international airports in north Africa. BEO reckons the contract is worth about $10.6m over its 2.5-year term, with an option to extend for another three years. The company is already operating in the London Heathrow, JFK Terminal 4, Narita and Abu Dhabi airport hubs. Evion Group's (ASX:EVG) Maniry graphite project has joined an exclusive group of 13 non-EU projects acknowledged by the European Commission's Strategic Projects initiative under the Critical Raw Materials Act. It's a big nod to the project's chops, confirming it as a strategic source of natural graphite at a time when China – the world's number one producer – is throttling international supply. Technical services company BSA (ASX:BSA) delivered $286.8m in revenue for FY2025, a 7% uptick compared to last year. While that's a solid performance by anyone's standards, the company is warning of some serious headwinds on the horizon. BSA was unsuccessful in a new bid on a contract with the NBN, and its smart metering contracts with Intellihub and Bluecurrent are winding down to just about nothing by next year. As those contracts represented 92% of BSA's yearly revenue, the company is aggressively restructuring in an effort to keep the ship afloat, but it's not going to be an easy road. Direct-to-consumer lending firm Beforepay (ASX:B4P) has grown in leaps and bounds this quarter, achieving a 113% increase in quarterly net profit after pulling in $2.4m. Year-on-year revenue is also up 15% to $10.4m and active users have increased 12% to just under 270,000. CEO Jamie Twiss said he "couldn't be happier with this result; it's the perfect way to end a strong financial year.' ASX SMALL CAP LAGGARDS Today's worst performing small cap stocks: Code Name Last % Change Volume Market Cap ECT Env Clean Tech Ltd. 0.2 -3333% 70167018 $12,046,306 DTM Dart Mining NL 0.3 -2500% 9197764 $4,792,222 EDE Eden Inv Ltd 0.15 -2500% 1100500 $8,219,762 SFG Seafarms Group Ltd 0.15 -2500% 400001 $9,673,198 LM1 Leeuwin Metals Ltd 11 -2414% 1202325 $14,616,926 ANR Anatara Ls Ltd 0.7 -2222% 5143866 $1,920,454 GLA Gladiator Resources 0.7 -2222% 1100000 $6,824,671 PRX Prodigy Gold NL 0.2 -2000% 1421349 $15,875,278 QXR Qx Resources Limited 0.4 -2000% 936755 $6,551,644 RDN Raiden Resources Ltd 0.4 -2000% 3275000 $17,254,457 VRC Volt Resources Ltd 0.4 -2000% 1716667 $23,424,247 KZR Kalamazoo Resources 9.1 -1727% 7641683 $24,133,287 1AI Algorae Pharma 0.5 -1667% 2991398 $10,124,368 BYH Bryah Resources Ltd 0.5 -1667% 139990 $6,171,195 TMX Terrain Minerals 0.25 -1667% 3666666 $7,595,443 IFG Infocusgroup Hldltd 1.6 -1579% 3441552 $5,546,844 GRL Godolphin Resources 1.1 -1538% 100000 $5,835,353 RPG Raptis Group Limited 20.5 -1458% 271844 $84,164,365 KOB Kobaresourceslimited 3.6 -1429% 181858 $8,344,207 AKN Auking Mining Ltd 0.6 -1429% 1379280 $4,816,814 ATV Activeportgroupltd 1.2 -1429% 1621803 $9,617,679 FCT Firstwave Cloud Tech 1.5 -1429% 105900 $29,986,577 NES Nelson Resources. 0.3 -1429% 300000 $7,601,747 RKT Rocketdna Ltd. 1.2 -1429% 1189554 $12,817,325 SP3 Specturltd 1.2 -1429% 205778 $4,436,602 IN CASE YOU MISSED IT St George Mining (ASX:SGQ) has delivered a 30kg bulk sample from its Araxá project to a Brazilian government-backed supply chain program. CuFe (ASX:CUF) has unveiled a scoping study highlighting the strong economics of the Orlando open pit cutback within its 55%-owned Tennant Creek copper-gold project in the Northern Territory. Aroa Biosurgery (ASX:ARX) recorded its third consecutive quarter of positive net cash flow since listing on the ASX in July 2020 and has reaffirmed FY26 revenue guidance. DY6 Metals (ASX:DY6) has kicked off a soil sampling program to guide maiden auger drilling at its Central rutile project in Cameroon. Pancontinental Energy (ASX:PCL) has increased both the potential scale and geological chance of successfully finding oil at its PEL 87 project in the Orange Basin offshore Namibia. Loyal Metals (ASX:LLM) is using modern exploration including a high-tech geophysics drone survey to identify new copper-gold targets. Victory Metals (ASX:VTM) has produced a high-value, mixed rare earth oxide at its North Stanmore project in Western Australia. Resolution Minerals (ASX:RML) has enlisted two Trump-affiliated firms to back its Horse Heaven antimony-tungsten project in proposed Nasdaq listing. Trading Halts Astute Metals (ASX:ASE) – cap raise Catalina Resources (ASX:CTN) – exploration results IRIS Metals (ASX:IR1) – cap raise Noviqtech (ASX:NVQ) – quantum computing deal and cap raise Prescient Therapeutics (ASX:PTX) – cap raise Sequoia Financial Group (ASX:SEQ) – price query response Strategic Energy Resources (ASX:SER) – cap raise TechGen Metals (ASX:TG1) – cap raise At Stockhead, we tell it like it is. While HyTerra is a Stockhead advertiser, it did not sponsor this article.

ABC News
12 minutes ago
- ABC News
NSW Police deny pro-Palestinian protesters permission to march across Sydney Harbour Bridge
NSW Police has blocked a request by pro-Palestinian protesters to close the Sydney Harbour Bridge to traffic for a demonstration this weekend. The Palestine Action Group informed police of its intention to hold a March for Humanity on Sunday and said using the landmark would send a "powerful message" over concerns about mass starvation in Gaza. Humanitarian groups say far more is needed to feed the roughly 2 million people inside the Gaza Strip, but Israeli Prime Minister Benjamin Netanyahu has said "there is no starvation in Gaza, no policy of starvation in Gaza". NSW Police Acting Deputy Commissioner Peter McKenna said organisers wanted to close the bridge to allow up to 10,000 to cross, but there was not enough time to do it safely. "The main rationale behind that, it's quite clearly public safety," he said. "It would have a major disruption and effect on thousands of motorists … [it] would be a public safety risk that we cannot manage at this point in time." He said authorities were open to an alternative location. Palestine Action Group spokesperson Josh Lees told ABC Radio Sydney ahead of the decision that the bridge had been closed previously for events like a World Pride march, the Sydney Marathon and a Hollywood movie, and hinted at a court challenge. "The process now is if the police or the government want to stop us from doing it, they have to take us to the Supreme Court and if they do that, we'll fight that in court," he said. Acting Deputy Commissioner McKenna said police would take the matter to the courts if organisers insisted on trying to go ahead with the march across the bridge. He said protesters who attempted to cross the bridge on the weekend risked prosecution. "If people do attend on Sunday they do not have the protections they would normally have on public assemblies," he said. "I do not have the protections under the Summary Offences Act and they may face themselves being caught up in a situation where they are lawfully moved on and if offences are committed, arrested and charged. "We don't want that." Premier Chris Minns earlier acknowledged "widespread community concern about the humanitarian aid and war situation in Gaza", but said Sydney protesters will have to find somewhere else to make their point. "I want the killing to stop as well, and I'm particularly concerned, like a lot of people, about the number of innocent children that have been killed," he said on Tuesday morning. "I accept that this is a protest that many people want to have. "My argument here is I can't close down the central artery for a city as big as Sydney, even on a short term basis, but even if we had a massive heads-up to do it." Mr Minns asked organisers to work with authorities to settle on an alternative route for the protest. Acting Deputy Commissioner McKenna said police were open to working with the Palestine Action Group on another location for the demonstration, as it had more than 100 times for pro-Palestinian rallies in recent years. He denied the premier's comments influenced the police decision. "The premier has come out and stated he didn't support it. On this occasion, after our deliberations, after we looked at the public safety, it turns out we're in complete agreeance," Acting Deputy Commissioner McKenna said.