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AU Financial Review
6 days ago
- Business
- AU Financial Review
Elon Musk criticises Trump's ‘big beautiful bill'
Washington | Elon Musk is criticising the centrepiece of President Donald Trump's legislative agenda, a significant fracture in a partnership that was forged during last year's campaign and was poised to reshape American politics and the federal government. The billionaire entrepreneur, who supported Trump's candidacy with at least $US250 million and has worked for his administration as a senior adviser, said he was 'disappointed' by what the president calls his ' big beautiful bill '. AP


7NEWS
25-05-2025
- General
- 7NEWS
‘What was that bang?': Possible moment the Titan submersible imploded caught on camera
The apparent sound made when the Titan submersible imploded in June 2023 has been revealed in new footage released by the Marine Board of Investigation, the US Coast Guard's highest level of inquiry. Cameras on the sub's mother ship captured the moment when Wendy Rush — whose husband Stockton founded OceanGate, the company which built the ill-fated vessel, and was one of five people who died in its implosion — heard a faint cracking sound similar to a car door slamming. WATCH THE VIDEO ABOVE. 'What was that bang?' she says, turning to the people next to her. At that point, the sub had reached a depth of about 3,300 meters and was about 90 minutes into its descent to the ocean floor to give passengers on board an up-close view of the Titanic. That 'bang' is thought to be the moment the sub imploded. However, moments later, the crew on the support ship received a message from the sub saying it had dropped two weights — which may have created the false impression it was still operating normally. The message about the weights may have been sent shortly before the implosion, but due to a delay was only seen by the support vessel afterwards, professor at the University of Rhode Island's Graduate School of Oceanography Chris Roman said. Every system which transmits data through the water has 'some inherent buffering or delay related to how they do the signal timing or processing', he explained. 'If the 'weights dropped' message was sent a few seconds before the implosion … the computer may not show the message immediately when it is received. The timing is tight, but possible. It really depends on the system they were using.' Six seconds after that message, the mother ship lost contact with the sub, according to the timeline established by authorities investigating the doomed expedition. When the sub failed to resurface, a dramatic international search and rescue mission unfolded in the remote waters several hundred miles southeast of Newfoundland. Authorities found the Titan's wreckage on the floor of the North Atlantic Ocean days later, several hundred yards from the Titanic's remains. Rush, businessman Shahzada Dawood and his 19-year-old son, Suleman; businessman Hamish Harding; and French diver Paul-Henri Nargeolet were all killed. Since the implosion, the sub's fate has been held up by some as an example of the dangers of hubris and greed. Testimony given during the hearings into the disaster painted a damning portrait of OceanGate and Rush, who charged passengers about $US250,000 ($A387,500) per dive despite several concerns being raised about the sub's durability. Two documentaries scheduled for release in the coming weeks — one produced by the BBC and the other by Netflix — will further investigate the causes behind the disaster.

The Age
24-05-2025
- Sport
- The Age
‘I'm not afraid to speak out': Angry Titmus says she wouldn't compete at Enhanced Games for $10m
Olympic great Ariarne Titmus has slammed the Enhanced Games and new 50m freestyle 'world record holder' Kristian Gkolomeev, saying no amount of money – not even $10 million – would tempt her to take performance-enhancing drugs or associate with the controversial event. 'I've probably not been fired up about something for a long time, [but I am] given the light it's been in this week,' Titmus said after signing on as an expert commentator for Channel Nine at next month's Australian swimming trials in Adelaide, starting on June 9. 'I've never been motivated by money. If they offered me $10 million, I would never put my body through that. 'I've got a pretty strong stance on this. I'm not afraid to speak out on it. It doesn't sit well with me morally.' The sporting world was rocked this week by confirmation that the Enhanced Games – a breakaway event founded by Australian entrepreneur Aron D'Souza – will take place in Las Vegas next May. Athletes are encouraged to take performance-enhancing substances, under medical supervision, and compete against each other in swimming, athletics and weightlifting events. Major prizemoney is on offer: $US250,000 ($387,500) for a gold medal and $1.55 million if a world record is broken. Clean athletes have also been invited to take part. Among the headliners is Australian Olympian James Magnussen, who has openly admitted to using testosterone and a cocktail of peptides in pursuit of the 50m freestyle world record.

Sydney Morning Herald
24-05-2025
- Sport
- Sydney Morning Herald
‘I'm not afraid to speak out': Angry Titmus says she wouldn't compete at Enhanced Games for $10m
Olympic great Ariarne Titmus has slammed the Enhanced Games and new 50m freestyle 'world record holder' Kristian Gkolomeev, saying no amount of money – not even $10 million – would tempt her to take performance-enhancing drugs or associate with the controversial event. 'I've probably not been fired up about something for a long time, [but I am] given the light it's been in this week,' Titmus said after signing on as an expert commentator for Channel Nine at next month's Australian swimming trials in Adelaide, starting on June 9. 'I've never been motivated by money. If they offered me $10 million, I would never put my body through that. 'I've got a pretty strong stance on this. I'm not afraid to speak out on it. It doesn't sit well with me morally.' The sporting world was rocked this week by confirmation that the Enhanced Games – a breakaway event founded by Australian entrepreneur Aron D'Souza – will take place in Las Vegas next May. Athletes are encouraged to take performance-enhancing substances, under medical supervision, and compete against each other in swimming, athletics and weightlifting events. Major prizemoney is on offer: $US250,000 ($387,500) for a gold medal and $1.55 million if a world record is broken. Clean athletes have also been invited to take part. Among the headliners is Australian Olympian James Magnussen, who has openly admitted to using testosterone and a cocktail of peptides in pursuit of the 50m freestyle world record.


The Advertiser
23-05-2025
- Business
- The Advertiser
More Aussies flag Enhanced Games interest amid backlash
Australian sports decrying the drug-fuelled Enhanced Games feel threatened at losing more athletes, swimmer James Magnussen says. Fellow Australian swimmers have flagged interest to Magnussen in following him to the sports event without drug testing after the inaugural games in Las Vegas next May. Australia's top sports crime-fighter, Sport Integrity Australia's chief executive Sarah Benson, has condemned Enhanced Games as dangerous and damaging. "We work to ensure that sport is safe and fair for all," Benson said. "The Enhanced Games is promoting the complete opposite. "(It) poses a significant risk to athletes' health and safety while undermining the fundamental values of sport in Australia. "Of particular concern is the message this sends to young athletes." The Australian Olympic Committee and other sports bodies have also railed against the event, but Magnussen said the attitude among cash-strapped athletes differed. "The most common response I hear from current athletes is, if this all goes ahead the way we believe it will in the first year, then we're very interested to join," Magnussen told AAP in Las Vegas. "Because the opportunity to set yourself up for life just isn't there at the moment in that swimming world. "But it's very clear that opportunity is available with the Enhanced Games." The games launched by Melbourne-born entrepreneur Aron D'Souza have already paid out $US1 million ($A1.5 million) to swimmer Kristian Gkolomeev. The four-time Greek Olympian bettered the legal 50m freestyle world record while on performance enhancing drugs last February. The million-dollar bonus is for any athlete breaking the legal record in the 50m free and 100m sprint, with $US250,000 ($A389,000) for besting other world benchmarks. Each Enhanced event will carry $US500,000 ($A777,000) prizemoney - the winner takes $US250,000, every athlete gets a sliding share, plus appearance fees. Magnussen said the cash at an event backed by multi-billionaires would change lives - and minds. "It's a real and present threat for those sporting organisations in Australia," he said. "It's a big opportunity for any athlete. "You don't have to be an enhanced athlete to compete at the Games. "(Australia's Olympic 50m freestyle champion) Cam McEvoy could come from clean sport to the Enhanced Games, put on a supersuit and go very close to that world record without any enhancements. "He would then be racing for $1 million US, so $1.6 million Australian, in a year's time rather than waiting three years until the LA Olympic Games to race for $30,000. 'They're quite different propositions." Magnussen wants to rekindle his rivalry with Olympic teammate McEvoy. "Everyone will have to make their own decision, will have to delve into their own conscience and find out what they think is the better option for them," he said. "But after this first games, they will realise this is the real deal. "I'd love to see Cam come and race; that was a rivalry that we had a long time ago. "They're the storylines that can make these first games really exciting." Magnussen was the first athlete to sign with Enhanced Games, followed by Gkolomeev. Ukraine's world record holder in the 50m butterfly, Andrii Govorov, and Bulgarian Olympic butterflyer Josif Miladinov have also joined. About 100 athletes will compete with organisers to build a four-lane 50m pool, a six-lane athletics track and a weightlifting venue on land currently a car park at Resorts World Las Vegas. This AAP article was made possible by support from the Enhanced Games Australian sports decrying the drug-fuelled Enhanced Games feel threatened at losing more athletes, swimmer James Magnussen says. Fellow Australian swimmers have flagged interest to Magnussen in following him to the sports event without drug testing after the inaugural games in Las Vegas next May. Australia's top sports crime-fighter, Sport Integrity Australia's chief executive Sarah Benson, has condemned Enhanced Games as dangerous and damaging. "We work to ensure that sport is safe and fair for all," Benson said. "The Enhanced Games is promoting the complete opposite. "(It) poses a significant risk to athletes' health and safety while undermining the fundamental values of sport in Australia. "Of particular concern is the message this sends to young athletes." The Australian Olympic Committee and other sports bodies have also railed against the event, but Magnussen said the attitude among cash-strapped athletes differed. "The most common response I hear from current athletes is, if this all goes ahead the way we believe it will in the first year, then we're very interested to join," Magnussen told AAP in Las Vegas. "Because the opportunity to set yourself up for life just isn't there at the moment in that swimming world. "But it's very clear that opportunity is available with the Enhanced Games." The games launched by Melbourne-born entrepreneur Aron D'Souza have already paid out $US1 million ($A1.5 million) to swimmer Kristian Gkolomeev. The four-time Greek Olympian bettered the legal 50m freestyle world record while on performance enhancing drugs last February. The million-dollar bonus is for any athlete breaking the legal record in the 50m free and 100m sprint, with $US250,000 ($A389,000) for besting other world benchmarks. Each Enhanced event will carry $US500,000 ($A777,000) prizemoney - the winner takes $US250,000, every athlete gets a sliding share, plus appearance fees. Magnussen said the cash at an event backed by multi-billionaires would change lives - and minds. "It's a real and present threat for those sporting organisations in Australia," he said. "It's a big opportunity for any athlete. "You don't have to be an enhanced athlete to compete at the Games. "(Australia's Olympic 50m freestyle champion) Cam McEvoy could come from clean sport to the Enhanced Games, put on a supersuit and go very close to that world record without any enhancements. "He would then be racing for $1 million US, so $1.6 million Australian, in a year's time rather than waiting three years until the LA Olympic Games to race for $30,000. 'They're quite different propositions." Magnussen wants to rekindle his rivalry with Olympic teammate McEvoy. "Everyone will have to make their own decision, will have to delve into their own conscience and find out what they think is the better option for them," he said. "But after this first games, they will realise this is the real deal. "I'd love to see Cam come and race; that was a rivalry that we had a long time ago. "They're the storylines that can make these first games really exciting." Magnussen was the first athlete to sign with Enhanced Games, followed by Gkolomeev. Ukraine's world record holder in the 50m butterfly, Andrii Govorov, and Bulgarian Olympic butterflyer Josif Miladinov have also joined. About 100 athletes will compete with organisers to build a four-lane 50m pool, a six-lane athletics track and a weightlifting venue on land currently a car park at Resorts World Las Vegas. This AAP article was made possible by support from the Enhanced Games Australian sports decrying the drug-fuelled Enhanced Games feel threatened at losing more athletes, swimmer James Magnussen says. Fellow Australian swimmers have flagged interest to Magnussen in following him to the sports event without drug testing after the inaugural games in Las Vegas next May. Australia's top sports crime-fighter, Sport Integrity Australia's chief executive Sarah Benson, has condemned Enhanced Games as dangerous and damaging. "We work to ensure that sport is safe and fair for all," Benson said. "The Enhanced Games is promoting the complete opposite. "(It) poses a significant risk to athletes' health and safety while undermining the fundamental values of sport in Australia. "Of particular concern is the message this sends to young athletes." The Australian Olympic Committee and other sports bodies have also railed against the event, but Magnussen said the attitude among cash-strapped athletes differed. "The most common response I hear from current athletes is, if this all goes ahead the way we believe it will in the first year, then we're very interested to join," Magnussen told AAP in Las Vegas. "Because the opportunity to set yourself up for life just isn't there at the moment in that swimming world. "But it's very clear that opportunity is available with the Enhanced Games." The games launched by Melbourne-born entrepreneur Aron D'Souza have already paid out $US1 million ($A1.5 million) to swimmer Kristian Gkolomeev. The four-time Greek Olympian bettered the legal 50m freestyle world record while on performance enhancing drugs last February. The million-dollar bonus is for any athlete breaking the legal record in the 50m free and 100m sprint, with $US250,000 ($A389,000) for besting other world benchmarks. Each Enhanced event will carry $US500,000 ($A777,000) prizemoney - the winner takes $US250,000, every athlete gets a sliding share, plus appearance fees. Magnussen said the cash at an event backed by multi-billionaires would change lives - and minds. "It's a real and present threat for those sporting organisations in Australia," he said. "It's a big opportunity for any athlete. "You don't have to be an enhanced athlete to compete at the Games. "(Australia's Olympic 50m freestyle champion) Cam McEvoy could come from clean sport to the Enhanced Games, put on a supersuit and go very close to that world record without any enhancements. "He would then be racing for $1 million US, so $1.6 million Australian, in a year's time rather than waiting three years until the LA Olympic Games to race for $30,000. 'They're quite different propositions." Magnussen wants to rekindle his rivalry with Olympic teammate McEvoy. "Everyone will have to make their own decision, will have to delve into their own conscience and find out what they think is the better option for them," he said. "But after this first games, they will realise this is the real deal. "I'd love to see Cam come and race; that was a rivalry that we had a long time ago. "They're the storylines that can make these first games really exciting." Magnussen was the first athlete to sign with Enhanced Games, followed by Gkolomeev. Ukraine's world record holder in the 50m butterfly, Andrii Govorov, and Bulgarian Olympic butterflyer Josif Miladinov have also joined. About 100 athletes will compete with organisers to build a four-lane 50m pool, a six-lane athletics track and a weightlifting venue on land currently a car park at Resorts World Las Vegas. This AAP article was made possible by support from the Enhanced Games Australian sports decrying the drug-fuelled Enhanced Games feel threatened at losing more athletes, swimmer James Magnussen says. Fellow Australian swimmers have flagged interest to Magnussen in following him to the sports event without drug testing after the inaugural games in Las Vegas next May. Australia's top sports crime-fighter, Sport Integrity Australia's chief executive Sarah Benson, has condemned Enhanced Games as dangerous and damaging. "We work to ensure that sport is safe and fair for all," Benson said. "The Enhanced Games is promoting the complete opposite. "(It) poses a significant risk to athletes' health and safety while undermining the fundamental values of sport in Australia. "Of particular concern is the message this sends to young athletes." The Australian Olympic Committee and other sports bodies have also railed against the event, but Magnussen said the attitude among cash-strapped athletes differed. "The most common response I hear from current athletes is, if this all goes ahead the way we believe it will in the first year, then we're very interested to join," Magnussen told AAP in Las Vegas. "Because the opportunity to set yourself up for life just isn't there at the moment in that swimming world. "But it's very clear that opportunity is available with the Enhanced Games." The games launched by Melbourne-born entrepreneur Aron D'Souza have already paid out $US1 million ($A1.5 million) to swimmer Kristian Gkolomeev. The four-time Greek Olympian bettered the legal 50m freestyle world record while on performance enhancing drugs last February. The million-dollar bonus is for any athlete breaking the legal record in the 50m free and 100m sprint, with $US250,000 ($A389,000) for besting other world benchmarks. Each Enhanced event will carry $US500,000 ($A777,000) prizemoney - the winner takes $US250,000, every athlete gets a sliding share, plus appearance fees. Magnussen said the cash at an event backed by multi-billionaires would change lives - and minds. "It's a real and present threat for those sporting organisations in Australia," he said. "It's a big opportunity for any athlete. "You don't have to be an enhanced athlete to compete at the Games. "(Australia's Olympic 50m freestyle champion) Cam McEvoy could come from clean sport to the Enhanced Games, put on a supersuit and go very close to that world record without any enhancements. "He would then be racing for $1 million US, so $1.6 million Australian, in a year's time rather than waiting three years until the LA Olympic Games to race for $30,000. 'They're quite different propositions." Magnussen wants to rekindle his rivalry with Olympic teammate McEvoy. "Everyone will have to make their own decision, will have to delve into their own conscience and find out what they think is the better option for them," he said. "But after this first games, they will realise this is the real deal. "I'd love to see Cam come and race; that was a rivalry that we had a long time ago. "They're the storylines that can make these first games really exciting." Magnussen was the first athlete to sign with Enhanced Games, followed by Gkolomeev. Ukraine's world record holder in the 50m butterfly, Andrii Govorov, and Bulgarian Olympic butterflyer Josif Miladinov have also joined. About 100 athletes will compete with organisers to build a four-lane 50m pool, a six-lane athletics track and a weightlifting venue on land currently a car park at Resorts World Las Vegas. This AAP article was made possible by support from the Enhanced Games