Huge consequence of Albo’s housing changes: How Budget could badly backfire on the people he wants to help most – first-home buyers – as perfect storm strikes

A leading economist has warned the Albanese government’s housing tax changes could expose recent first-home buyers to severe financial stress, amid forecasts that house prices could fall to their lowest level in a decade.  The Federal Budget will limit negative gearing to newly built properties from July 2027, and replace…

Billionaire Melinda French Gates buys stake in NHL’s Seattle Kraken five years after divorcing Bill

By ALEX RASKIN, US SPORTS NEWS EDITOR Published: 05:16 BST, 2 June 2026 | Updated: 05:18 BST, 2 June 2026 Billionaire philanthropist Melinda French Gates is buying a stake in the NHL’s Seattle Kraken, pending league approval. Financial details of the deal have not been revealed, but French Gates has…

Anthropic files to go public

Anthropic, the AI lab behind Claude, has filed confidentially for an initial public offering, the company said in a blog post Monday. The company, which is valued at close to $1 trillion, submitted a draft registration statement to the U.S. Securities and Exchange Commission for a proposed initial public offering.…

Fire’s Footprint on Santa Rosa Island

On May 15, 2026, a fire was spotted from aircraft on the southeastern side of Santa Rosa Island, part of California’s Channel Islands National Park. The blaze spread over the next several days, ultimately burning 18,379 acres (7,438 hectares)—about one-third of the island. These images show the expansion of the…

Iconic brewer James Boag to stop production in Tasmania

Tasmanian brewery James Boag plans to cease operations in Launceston by the end of the year as the beer market faces increasing costs. The 145-year-old brewery, which opened in the city in 1881, has proposed stopping beer production by November, it announced on Tuesday. Its operations would be shifted to…

Anna Camp Wants The Hunting Wives Cameo With Brittany Snow

Anna Camp will always be a Bella at heart — but would she join Pitch Perfect’s Brittany Snow for a cameo on The Hunting Wives? “Sign me up! I would die to be on that show,” Camp, 43, exclusively told Us Weekly on Sunday, May 31, while attending the MPTF…

Former ’60 Minutes’ Executive Producer Bill Owens Praises Scott Pelley

Hours after Scott Pelley made headlines for speaking out against firings and other changes at 60 Minutes, the show’s former executive producer offered words of praise for the correspondent. Bill Owens told a New York Press Club event that Pelley “can smell fraud a mile away.” Owens, receiving the New…

How much is needed in an ISA for passive income that covers the UK’s monthly average rent of £1,381?

Image source: Getty Images Unfortunately, we don’t live in a world where rent is free… but maybe, by buying dividend stocks in an ISA, investors could make enough passive income to cover their rent? I think it’s certainly possible. Should you buy Aviva Plc shares today? Before you decide, please…