The first female leader of the Liberal Party, Sussan Ley, makes history amid tensions within the coalition.
Good Morning. PM Anthony Albanese will visit Indonesia today then travel to Rome as Australia's representative in Papal inaguration; here, the rest of the news.
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LEADERSHIP SHAKEUP: Jacinta Nampijinpa Price Opens Up About Coalition's Future After Failed Leadership Bid
Following a turbulent party room contest, Senator Jacinta Nampijinpa Price has explained why she dropped out of the deputy leadership race, so ushering a fresh period of "robust debate" within the Coalition.
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FACT CHECK
No, Indonesian soldiers didn't remove a flag from a PNG base
WHAT WAS CLAIMED :A video shows Indonesian troops taking over a PNG base.
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Business & Markets
➡️ ASIC Sues Macquarie Securities for Misreporting Millions of Short Sales Over 14-Year Period. Australia's corporate regulator ASIC has launched legal action against Macquarie Securities for allegedly failing to correctly report between 73 million and potentially 1.5 billion short sales over a 14-year period, undermining market transparency and investor confidence during a time of significant global market volatility.
➡️ Life360 Shares Skyrocket 1,300% in 5 Years: Q1 Revenue Jumps 33% as App Ranks 4th Among Social Networks. The family safety app Life360 has seen its shares surge over 1,300% in five years, with recent Q1 earnings showing 33% revenue growth and tripled EBITDA, positioning it as the fourth-ranked social networking app in the US with 83.7 million monthly active users globally.
➡️ Trump Tariffs on Shein and Temu: How Fast Fashion Giants Are Adapting Despite US-China Trade War. Following President Trump's elimination of the de minimis exemption that allowed duty-free entry of sub-$800 parcels from China, fast fashion giants Shein and Temu are experiencing sales declines in the US but are pivoting to other markets including Australia, prompting concerns about aggressive pricing and sustainability impacts on local fashion industries.
Politics & World Affairs
➡️ AEC Recovers Missing Ballot Container After Election Night Transport Error in Barton Division. The Australian Electoral Commission has confirmed that a ballot transport container from the Hurstville polling place was temporarily misplaced after election night but was recovered intact with security seals unbroken, having no impact on the Division of Barton election results while prompting a review of ballot handling procedures.
➡️ Trump Announces End to Syrian Sanctions During Saudi Arabia Visit, Signals Diplomatic Shift. President Donald Trump has announced plans to lift long-standing US sanctions on Syria following the fall of the Assad regime last December, a decision made after discussions with Saudi and Turkish leaders that has prompted celebrations across Syrian cities while raising concerns from Israeli allies.
➡️ Labour Revolt Grows as Starmer Defends Controversial 'Island of Strangers' Immigration Remarks. Prime Minister Keir Starmer is facing mounting criticism from within his own Labour Party after doubling down on controversial immigration rhetoric that described Britain as an "island of strangers," drawing unfavorable comparisons to Enoch Powell's infamous speech while receiving unexpected praise from right-wing figures in both the UK and Hungary.
AI & Technology
➡️ Apple Partners with Synchron to Launch Brain-Control Support for iPhones in 2025. Apple is developing native brain-control support for iOS devices through a partnership with neurotechnology startup Synchron, which has created the Stentrode implant allowing users with severe motor impairments to control devices through neural signals detected from blood vessels near the brain's motor cortex.
➡️ AI Face Analysis Predicts Cancer Survival Better Than Chronological Age, Study Finds. Scientists have developed FaceAge, an innovative deep learning system that analyzes facial photographs to estimate biological age, finding that cancer patients appear approximately five years older than their chronological age and that this facial-based age prediction significantly improves survival forecasting across various cancer types while correlating with molecular aging mechanisms.
➡️ Nvidia to Ship 18,000 Advanced AI Chips to Saudi Arabia in Major Tech Partnership. U.S. technology giant Nvidia has announced a significant partnership with Saudi Arabia's sovereign wealth fund-owned AI startup Humain, committing to supply 18,000 of its cutting-edge AI chips to the Middle Eastern nation. The agreement was unveiled Tuesday during President Donald Trump's diplomatic visit to the region.
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