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Burke brushes off One Nation threat to his seat – as it happened

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Wong not ‘interested’ in One Nation’s fundraising

Wong says she isn’t concerned about One Nation’s fundraising efforts, but more about their policies. Pauline Hanson’s party says it has raised more than $1.5m in the last day, although those claims are unverified.

I’m less interested in what Pauline Hanson fundraises and am more concerned about One Nation’s policies. Just as I am concerned about the fact that the Liberal party and One Nation seem to be working together and that it appears to be very clearly that a vote for One Nation is actually a vote for the Liberal party, and a vote for the Liberal party is actually a vote for One Nation.

We’ve said for some time it’s obviously a fragile ceasefire, but we’ve also said that what Australia wants is a negotiated end to the war. That’s what we’re calling for, and that’s what we will continue to press for …

We’re not a central player in the Middle East, as we have said. What we can do is add our voice to others who are calling for a negotiated end to the conflict. It’s obviously one of the things we discuss today with the United Kingdom.

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© Photograph: Mick Tsikas/AAP

© Photograph: Mick Tsikas/AAP

© Photograph: Mick Tsikas/AAP

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New screwworm case confirmed in Texas

A sixth case of New World screwworm has been confirmed in a Texas calf.  It’s the second calf in La Salle County, Texas, to become infested with the parasite that threatens wildstock with larvae that burrows deep into the tissue of its inhabitant, according to the U.S. Department of Agriculture. Officials in the Lone Star…

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New screwworm case confirmed in Texas

A sixth case of New World screwworm has been confirmed in a Texas calf.  It’s the second calf in La Salle County, Texas, to become infested with the parasite that threatens wildstock with larvae that burrows deep into the tissue of its inhabitant, according to the U.S. Department of Agriculture. Officials in the Lone Star…

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Wall Street counts down to SpaceX IPO

Wall Street is counting down to what could be the biggest market debut in history, with SpaceX preparing to go public. The IPO is expected to value the company at $1.75 trillion and make founder Elon Musk the world's first trillionaire. Also, US inflation has surged to its highest level in three years, driven by rising energy prices since the start of the war with Iran. President Donald Trump has hailed the figures as "great".

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Kalshi planning to require some participants to identify employers

Kalshi plans to require users in certain markets to share information about their employers in its latest push to crack down on insider trading. The prediction market announced Tuesday that it has created a system to score markets based on the risk of insider trading and manipulation. Those with certain scores will require employment verification.…

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Kalshi planning to require some participants to identify employers

Kalshi plans to require users in certain markets to share information about their employers in its latest push to crack down on insider trading. The prediction market announced Tuesday that it has created a system to score markets based on the risk of insider trading and manipulation. Those with certain scores will require employment verification.…

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Poll: Half of Americans concerned over AI’s jobs impact

A new Reuters/Ipsos poll found that more than half of respondents fear that they or someone in their household will lose their job because of artificial intelligence (AI). Fifty-three percent of the 4,531 respondents to the survey, conducted from June 3 through 8, were concerned that AI would have that effect, while 37 percent of…

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Poll: Half of Americans concerned over AI’s jobs impact

A new Reuters/Ipsos poll found that more than half of respondents fear that they or someone in their household will lose their job because of artificial intelligence (AI). Fifty-three percent of the 4,531 respondents to the survey, conducted from June 3 through 8, were concerned that AI would have that effect, while 37 percent of…

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Mike Ashley’s Frasers makes €1.98bn takeover bid for Hugo Boss

Fashion and sportswear group, which owns 26% of the German luxury brand, is now seeking full control

Mike Ashley’s retail group, Frasers, has launched a near-€2bn takeover offer for the German luxury fashion brand Hugo Boss.

The fashion and sportswear group, which owns 26% of Hugo Boss, said it is offering to pay about €1.98bn (£1.73bn) for the remainder of the business to take full control.

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© Photograph: Valentyn Ogirenko/Reuters

© Photograph: Valentyn Ogirenko/Reuters

© Photograph: Valentyn Ogirenko/Reuters

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CFTC proposes new rules for prediction markets

The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures Trading Commission’s (CFTC) proposal aims to specify what events the agency considers to be “contrary to the public interest” and would not be eligible for listing…

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CFTC proposes new rules for prediction markets

The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures Trading Commission’s (CFTC) proposal aims to specify what events the agency considers to be “contrary to the public interest” and would not be eligible for listing…

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Greene rips Trump’s economy: ‘MAGA used to call this Biden inflation’

Former Rep. Marjorie Taylor Greene (R-Ga.) slammed President Trump over the economy and inflation on Wednesday, saying the U.S. was “IN DECLINE.” “Unbelievable!! Here is exactly what Trump’s war on Iran, costing billions everyday, is doing to Americans. MAGA used to call this Biden inflation and scream from the rooftops over this garbage,” Greene wrote…

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Greene rips Trump’s economy: ‘MAGA used to call this Biden inflation’

Former Rep. Marjorie Taylor Greene (R-Ga.) slammed President Trump over the economy and inflation on Wednesday, saying the U.S. was “IN DECLINE.” “Unbelievable!! Here is exactly what Trump’s war on Iran, costing billions everyday, is doing to Americans. MAGA used to call this Biden inflation and scream from the rooftops over this garbage,” Greene wrote…

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House Republican says Congress ‘needs to get their act together’ on Social Security ahead of deadline

Rep. Jason Smith (R-Mo.) said Wednesday that Congress has to act on Social Security, a day after the Trump administration projected that one of the program’s trust funds will run out by 2032.  “Congress needs to get their act together to address Social Security and the insolvency that’s coming, instead of poking blame at other…

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House Republican says Congress ‘needs to get their act together’ on Social Security ahead of deadline

Rep. Jason Smith (R-Mo.) said Wednesday that Congress has to act on Social Security, a day after the Trump administration projected that one of the program’s trust funds will run out by 2032.  “Congress needs to get their act together to address Social Security and the insolvency that’s coming, instead of poking blame at other…

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Trump embraces May price spikes amid Iran war: ‘I love the inflation’

President Trump told reporters Wednesday that he loved “inflation,” after he was asked about inflation spiking in May. “No, I love it. The numbers were great,” Trump said when asked if he was concerned about the latest data, which showed the consumer price index rising to 4.2 percent over the past 12 months — with…

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Trump embraces May price spikes amid Iran war: ‘I love the inflation’

President Trump told reporters Wednesday that he loved “inflation,” after he was asked about inflation spiking in May. “No, I love it. The numbers were great,” Trump said when asked if he was concerned about the latest data, which showed the consumer price index rising to 4.2 percent over the past 12 months — with…

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