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Minimum wage to lift by 6 per cent, award rate by 4.75 per cent
Fair Work Commission annual ruling lifts minimum wage by 6 per cent and award rate by 4.75 per cent Tue 2 Jun 2026 at 10:43am Australia's minimum wage will increase by 5.97 per cent, and minimum award workers will get a 4.75 per cent pay boost, in the Fair Work Commission's (FWC) annual wage review. The new national minimum wage will be $26.44 per hour (up from $24.95), and $1,004.90 per week (up from $948), based on a full-time 38-hour week. The pay increase will begin from July 1.
CNG price hiked to Rs 86 per kg in Mumbai, piped gas to Rs 52 per unit
Compressed Natural Gas (CNG) prices have increased by Rs 2 per kg in the Mumbai Metropolitan Region, taking the new rate to Rs 86 per kg. Piped cooking gas will also see a 50 paise per unit hike. This rise is attributed to global energy supply chain disruptions and increased procurement costs.
Breaking: Australia's economy growing at 2.5 per cent annually as slowdown begins
Australia's economy growing at 2.5 per cent annually as slowdown begins Wed 3 Jun 2026 at 11:42am Australia's economy grew at an annual rate of 2.5 per cent in the March quarter, the same as in the previous quarter. But on a quarterly basis, the economy grew by just 0.3 per cent, which was much weaker than the 0.9 per cent recorded in the previous quarter. The slowdown in the quarterly rate of growth coincided with the Reserve Bank's decision to lift interest rates in February and March.
Workers given 5 per cent pension warning as you could be losing out
Workers given 5 per cent pension warning as you could be losing out Money Saving Expert has warned people not to opt out of their workplace pension or drop contributions below five per cent Workers have been issued a five per cent pension warning, as they risk "throwing away free cash". You could be missing out on vital funds without even realising it. In the UK, most people have access to two types of pension: the State Pension and a workplace pension.
Marshall's Stockwell III portable speaker offers more than 40 hours of use per charge
Marshall's Stockwell III portable speaker offers more than 40 hours of use per charge It resembles a guitar amp and is available right now for $250. Marshall just announced the Stockwell III portable Bluetooth speaker, which offers some real improvements over the Stockwell II. First of all, the battery life has doubled, up from 20 hours per charge to over 40 hours per charge.
Quantinuum stock opens at $68 per share after IPO
Quantinuum opened trading at $68 per share on the Nasdaq on Thursday, after upsizing its initial offering. The company raised $1.68 billion in an upsized IPO after it priced at $60 per share, above its earlier range of $53 to $55 per share. At the first trade price, Quantinuum has a market cap of about $17.6 billion.
Farm profits to dive by 70 per cent as drought and costs bite
ABARES report predicts broadacre farm profits will drop by 70 per cent Tue 2 Jun 2026 at 11:55am In short: ABARES is forecasting a fall of 21 per cent in winter crop production across Australia. Farm profits are likely to be significantly lower due to high prices for fuel and fertiliser What's next? Welcome rain has fallen across some affected areas in recent days, and many farmers remain positive about the future.
Exclusive-SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise, source says
Exclusive-SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise, source says NEW YORK, June 2 : In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter. The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.
ChessMimic: Per-Rating Transformer Models for Human Move, Clock, and Outcome Prediction in Online Blitz Chess
arXiv:2606.04473v1 Announce Type: new Abstract: We present ChessMimic, a system of three small encoder-only transformers - for move, thinking-time, and outcome prediction - conditioned on the position, recent move history, player rating, and clock state. We fit a separate instance of each model per 100-Elo rating band, trading parameter efficiency for sharper per-skill calibration. On a held-out month-wide slice of Lichess Rated Blitz games ChessMimic's human move prediction accuracy...
Exclusive-SpaceX plans to price record-setting IPO at $135 per share, source says
Exclusive-SpaceX plans to price record-setting IPO at $135 per share, source says NEW YORK, June 2 : Elon Musk's SpaceX plans to price its initial public offering at $135 per share, selling 555.6 million shares to raise $75 billion in the largest IPO ever, a source familiar with the matter told Reuters. Reuters reported earlier on Tuesday that the rocket and satellite communications company hoped to raise at least $75 billion, at a valuation of $1.75 trillion. The listing leads a wave of...