Melbourne continues to cement its position as Australia's leading build-to-rent market, with approval granted for almost 800 new rental homes across two inner-city developments. Minister for Planning Sonya Kilkenny has signed off on the projects in Melbourne, delivering a combined 797 apartments in Docklands and Fitzroy.
Main construction works have officially started on the $535 million expansion of the Monash Medical Centre in Clayton, marking a major milestone in boosting healthcare capacity for Melbourne's south east. The Allan Labor Government says the project will help bring care closer to home and improve access to essential hospital services for growing communities.
A State Funeral for The Hon. Robert Ian Knowles AO will be held in Ballarat next week, recognising his decades of service to Victoria through parliament, health reform and community leadership. The service will take place at 10.30am on Friday 15 May at the Cathedral Church of Christ the King on Lydiard Street South and will be open to the public.
NEW YORK (AP) – Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world’s first trillionaire. That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar mark was reserved for measures like the GDP (or staggering debt ) of a handful of major economies.
NEW YORK (AP) – Shares of SpaceX soared 23% in their Wall Street debut on Friday, making the rocket maker’s CEO Elon Musk the first-ever trillionaire. The shares opened at $150 and kept rising, reaching $166.90 around 12:.20 p.m. ET. That price gave the company a market value of $2.18 trillion.
DUBAI, United Arab Emirates (AP) – Iran ‘s stranglehold on the Strait of Hormuz may be easing – and its own oil problems now seem to be mounting. The crucial strait at the mouth of the Persian Gulf, through which a fifth of the world’s oil and natural gas supplies once passed, has been effectively shut by Iran’s attacks on shipping since the start of the war in February.
ISLAMABAD (AP) – The United States and Iran are close to signing an agreement aimed at ending their war, three regional officials told The Associated Press on Friday. A senior U.S. official said the tentative deal includes terms for removing and destroying nuclear material from Iran.
LONDON (AP) – British Prime Minister Keir Starmer vowed Friday that he will fight to stay in office after the sudden resignation of his trusted defense minister left his shaky leadership weakened still further. Starmer has seen the departure of several junior and senior ministers in recent weeks.
A federal judge agreed Friday to extend a court-ordered block on the Trump administration’s creation and operation of a $1.8 billion settlement fund for compensating people who claim to be victims of a weaponized government.
WASHINGTON (AP) – President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, “love” it. Asked about the new report that the consumer price index in May had jumped 4.2% over the last year, the president took a surprisingly optimistic tack with the challenging news.

































































































































