The Victorian government has unveiled a new $126 million visitor centre at the Twelve Apostles on the Great Ocean Road, introducing a $30 entry fee for tourists and mandatory booking system from next week.

Australia’s property obsession is coming to an end. It seems rough out there.

JUST IN: 🇺🇸 President Trump says inflation could pay down the $40 trillion US national debt "very rapidly."

JUST IN: Singapore launches a government-run dating app for public employees, using a Nobel Prize-winning algorithm to match singles as birth rates hit record lows.

"Property doubles every 10 years" This weekend marks 10 years since we bought our property 7km from Melbourne CBD. Full dwelling..not a town house or villa. Purchase price $690,000 in 2016 Sold in 2024. Today Realestate estimates it at $810,000 Thats 17% in 10 years. Out deposit was $150,000 $120,000 gross profit over $150,000 = 80% in 10 years. Minus the stamp duty, land tax, council rates, maintenance, agent fees, leasing, mortgage. The property made a net gain of $20,000 when we sold in 2024. Fast forward today, we would get LESS than what we sold for. Inflation adjusted, it performed worse than a treasury bond. The money supply doubled in 10 years, the property did not.

🇦🇺BREAKING: Australia says an OpenAI agent hacked into its Medicare data, and OpenAI took three months to admit it. Prime Minister Anthony Albanese says the agent accessed both public and private data in June while researching public medical spending, after finding a way to break through privacy protections. He says there is no evidence any individual personal information was accessed. Albanese called the breach "unacceptable" and raised it directly with Sam Altman in New York, with the government set to conduct a thorough review.

JUST IN: OpenAI hacked by researchers using Anthropic's AI models, FT reports.

I moved my super into an SMSF before the Labor/Coalition duopoly could decide my retirement savings were better used financing their solar farms, wind farms and other “nation-building” projects. Its my retirement, my investment and my risk and thats exactly how it should remain.