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Australian Retirement Trust pulls back on passive investment strategy | ’I help women get thei…

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Australian Retirement Trust pulls back on passive investment strategy

The nation’s second-biggest pension fund, Australian Retirement Trust, says it has been overly reliant on passive index tracking investment strategies and is now allocating more money to active managers as a hedge against a hyper-concentrated global market too reliant on a small pool of technology firms.

Andrew Fisher, head of investment strategy at the fund, said ART had as much as two-thirds of its sprawling $207 billion listed equities’ portfolio tied up in passive strategies, which track the performance of overall indices rather than actively investing in specific companies they have a conviction would do better than their competitors.

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July 3, 2026
Olivia Wilde and Edward Norton chat new film | The Invite review – Seth Rogen adds zest and bit…

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The Invite review – Seth Rogen adds zest and bite to fruity dinner party comedy

Olivia Wilde directs and stars alongside PenÃ©lope Cruz and Edward Norton in bizarrely moving tale, with Rogenâs levity keeping the outrageous plot points in check

Here is a four-way sex comedy of embarrassment, as if JB Priestley had written a play about swinging. But as well as embarrassing, it is intriguing, amusing and, finally, somehow bizarrely moving.

Middle class married life is satirised in the personae of two couples having an excruciating dinner party. A failed musician and his wife, played by Seth Rogen and Olivia Wilde (who also directs), extend the invitation of the title to their stylish neighbours, a therapist and ex-firefighter played by PenÃ©lope Cruz and Edward Norton. Rogen is first among equals in this cast, the ironic insider-outsider perpetually undercutting the situationâs proliferating absurdities with knowing gags or yelps of incredulous outrage, and deploying that unmistakable yuk-yuk-yuk laugh.

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The Invite review: Olivia Wilde's near-perfect foursome

Seth Rogen is better than ever in dinner-party drama The Invite

Couple-swapping dramas had their great heyday a long time ago, in the heat of the sexual revolution. The overblown Who’s Afraid of Virginia Woolf? with Richard Burton and Elizabeth Taylor was released in 1966, Bob & Carol & Ted & Alice in 1969 and Carnal Knowledge in 1971. They’re antiques now, curiosities from another era. Yet, somehow, sexual perplexities remain in 2026. The Catalan writer and director Cesc Gay adapted his own stage play about couples colliding into a snappy movie, The People Upstairs, in 2020. It’s since been remade in Italy in 2022, in Switzerland in 2023, in France in 2024 and in South Korea in 2025. And now here is the American edition: The Invite. The subject’s still a poser, it seems.

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July 3, 2026
Teams: Hospitalised Hawk named, debutants galore in round 17 | Concerns for Hawthorn defender Jos…

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Teams: Hospitalised Hawk named, debutants galore in round 17

Hawthorn will unveil a highly-touted defender in its clash against Melbourne on Saturday in Tassie, and one of their stars will be on the plane despite spending time in hospital this week. SUBSCRIBE TO READ NOW.

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Concerns for Hawthorn defender Josh Battle in hospital two days before facing Melbourne

Hawthorn defender Josh Battle has been named to face Melbourne this weekend despite undergoing tests in hospital on Thursday.

The 27-year-old presented to hospital after experiencing abdominal pain, with the Hawks taking no risks ahead of a flight south for Saturday’s top-eight clash.

Battle has played every game for the club since arriving for the start of last season.

And while there is hope he receives the green light, his 2025 All Australian teammate Jack Gunston is guaranteed to pull on the brown and gold stripes after mystery surrounded his ongoing abscence.

Hawthorn coach Sam Mitchell was cautiously optimistic before Thursday training about Gunston, but noted it was not the first time he had talked about the chances of his return.

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Fifth debutant for 2026 announced

Mid-season draftee Liam Puncher will make his AFL debut this Saturday afternoon when Collingwood travels to the Gold Coast to take on the Suns.

Mid-season draftee Liam Puncher will make his AFL debut this Saturday afternoon when Collingwood travels to the Gold Coast to take on the SUNS.

The news was announced to the playing group as the squad trained at Southport on Thursday afternoon in their main session of the week.

Arriving at the Club only a little over a month ago, the defender has impressed across four VFL games in black and white to earn his chance.

Originally a member of the Sydney Swans Academy, Puncher was taken in the May's Mid-Season Draft from SANFL side Woodville-West Torrens.

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July 2, 2026
For decades Australian house prices have grown. This is what a fall could mean | Australia enters…

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For decades Australian house prices have grown. This is what a fall could mean

After decades of growth Australian house prices are slowing. Here's what a fall could look like.

Following a shake-up to negative gearing and the capital gains tax (CGT) discounts, the housing market has stalled and auction clearance rates are down.

There's some consternation among investors and home owners about a decrease in property values — and their concerns are backed by the big banks.

NAB has predicted a 2 per cent drop across major capital cities, while Commonwealth Bank has revised their growth estimate to 3 per cent, down from 5 per cent.

Prices are already sliding, with a reported 1.2 per cent decrease in Sydney last month alone.

Australia enters ninth housing downturn, but will it last long?

The Australian property market has entered its ninth downturn, but the history books offer hope for hard-pressed vendors.

New analysis released today by Domain forecasts the country’s two biggest property markets would be hit hardest, with Sydney house prices falling 7 per cent and Melbourne by 8 per cent in the new financial year.

Domain data says the housing market has officially entered its ninth downturn. Peter Rae SMH

While would-be buyers are exposed to borrowing constraints in these markets, prices in more affordable Brisbane, Perth and Adelaide are expected to keep growing.

House values have been taking a caning during past months due to three consecutive interest rates, changes to capital gains tax and negative gearing, as well as the impact to consumer confidence of the US-Iran war.

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July 2, 2026
Sharks v Knights: Byers steps in; Dibb’s Newcastle return | No Southwell, no problems as Knights …

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Sharks v Knights: Byers steps in; Dibb's Newcastle return

Cronulla Sharks host Newcastle Knights to kick off the much-anticipated 2026 NRLW season on Thursday night at Ocean Protect Stadium.

With plenty of player movement since last season – most notably Knights halfback Jesse Southwell joining the Broncos – Round 1 will be the first proper look at where teams have landed.

The Sharks are looking strong with reigning Dally M Prop of the Year Ellie Johnston and Caitlan Johnston-Green forming a fearsome combination in the front row alongside fellow Jillaroo Quincy Dodd at hooker.

For the Sharks, this is a chance to begin the campaign with authority at home, particularly after promising signs from halfback Chantay Kiria-Ratu in a trial against the Roosters.

No Southwell, no problems as Knights edge past Sharks

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Newcastle have started life without Jesse Southwell in victorious fashion, grinding past Cronulla 18-4 in a heated start to the NRLW season.

After their star playmaker departed to Brisbane in one of the biggest off-season moves, questions were raised on how the Knights would fare after making last year's preliminary final.

They shrugged off their doubters at Ocean Protect Stadium on Thursday, running in three tries to one to get their season up and running.

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Cross-code star shines on NRLW debut as Knights win season opener

Knights recruit Sidney Taylor, one of the many women who crossed from rugby sevens to the NRLW this year, had a stellar debut as Newcastle defeated Cronulla 18-4 in the first game of the season on Thursday night.

The former Australian rugby sevens star had a huge impact at right centre, churning out a match-high 183 run metres from 16 carries and setting up a try as Newcastle took down Cronulla at Shark Park.

Shanice Parker chalked up the first try of the season – and Taylor set it up.

The 23-year-old scooted onto a Kirra Dibb cut-out ball, hit the accelerator, drew Sharks winger Cassie Staples to create an overlap, and dished off the ball to Parker, who dived and scored in the 10th minute.

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July 2, 2026
‘I had some spare time’: Djokovic apologises for punking ballgirl | Djokovic pranks ballgirl in W…

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'I had some spare time': Djokovic apologises for punking ballgirl

Novak Djokovic has given a ballgirl the fright of her life at Wimbledon, pretending she stabbed him with a pair of scissors during his second-round match.

The seven-time champion was in the midst of a clinical straight-sets win over Stefanos Tsitsipas when he required a tag to be cut off his shirt.

Djokovic was sitting steadily while the young volunteer helped him with the issue, but couldn’t help himself and decided to prank her.

It led to a classic moment between the pair, with the girl jumping back in fright before covering her mouth in laughter when she realised Djokovic was joking.

Djokovic pranks ballgirl in Wimbledon win

Novak Djokovic plays a cheeky prank on the ballgirl before advancing to the Wimbledon third round.

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Djokovic apologises for pranking ball kid during 'vintage' Wimbledon win

Novak Djokovic enjoyed a "vintage" performance against Stefanos Tsitsipas. (Getty Images: Clive Brunskill)

Novak Djokovic has beaten Stefanos Tsitsipas in straight sets to reach the third round of Wimbledon in a performance described as "almost flawless".

Between the second and third sets, Djokovic pranked a ball kid, pretending she nicked him while cutting some material off the shoulder of his playing kit.

Elsewhere, Jannik Sinner, Daniil Medvedev, Flavio Cobolli and Joao Fonseca were some of the other big winners on the men's side.

Novak Djokovic has enjoyed such a cruisy second-round victory over Stefanos Tsitsipas at Wimbledon that he had time during the centre court match to prank a ball kid between sets.

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July 2, 2026
Final teams in as Cats host Lions in blockbuster. Follow it LIVE | AFL Team Selection | Star Duo …

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Final teams in as Cats host Lions in blockbuster. Follow it LIVE

Follow all the action from the clash between Geelong and Brisbane at GMHBA Stadium

FAMILIAR foes Geelong and Brisbane open round 17 in a clash that could shape the top-four race.

The Cats return from a bye looking to get its campaign back on track after three defeats by a combined 14 points in the four matches before the break.

They could steal a march on the Lions in the race for a double chance with a victory at their home fortress this week, before a favourable run home that includes seven matches against sides currently sitting outside the top six.

Brisbane sent a warning to the competition as it returned from a bye to blow away Sydney with the sort of controlled, defence-focused performance that has become a trademark in the second half of recent campaigns.

AFL Team Selection | Star Duo Headline Changes for Round 17

Geelong has selected their team for Thursday's important clash with Brisbane at GMHBA Stadium

Geelong has received a timely boost with the return of a star duo, bolstering the Cats' side for Thursday night's blockbuster clash with Brisbane at GMHBA Stadium.

Bailey Smith and Tom Stewart have both been named and will rejoin the starting line-up, with the pair set to add important experience and quality to the Geelong side.

Stewart returns after missing the last two games before Geelong's mid-season bye, while Smith has also been named after missing the clash with Fremantle through illness.

Jack Bowes and George Stevens come out of the team, with the pair both omitted for Thursday's clash.

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‘We are quizzing the medical staff and Jeremy’: Cameron’s form slump deepens as Lions win blockbuster

Geelong coach Chris Scott says star forward Jeremy Cameron is capable of performing despite the lingering effects of the broken arm he suffered in last year’s grand final.

Cameron did not get his first kick until the final quarter of Thursday night’s loss to the Lions and had no impact on the contest, finishing the match goalless and with just four disposals. He appeared to favour his heavily strapped arm during the warm-up but was not in obvious discomfort during the match.

However, it is the third time in the past four matches Cameron, who is regarded as one of the toughest and most talented players in the game, has had fewer than 10 disposals.

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July 2, 2026
Major milk company fined for misleading consumers about fresh milk | Lactalis fined over milk lab…

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Major milk company fined for misleading consumers about fresh milk

Lactalis Australia allegedly made "false or misleading representations in the labelling" of two of its milk products. (ABC News: Morgan Timms)

Lactalis Australia Pty Ltd allegedly made "false or misleading representations in the labelling" of two of its "fresh milk" products.

Ferguson Valley WA Dairy Fresh 2L milk and Golden North Country Fresh 2L milk were found to contain substantial amounts of powdered milk.

The company has paid $59,400 in penalties over three infringements and removed the word "fresh" from both products.

A major Australian milk company has been fined by the consumer watchdog for misleading consumers by labelling two of its products as "fresh milk" when they were found to contain substantial amounts of powdered milk.

Lactalis fined over milk labels

A dairy company had to pay almost $60,000 after the consumer watchdog issued notices for mislabelling its milk products, including one from Western Australia.

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Lactalis Australia pays $59,400 misleading labelling penalty

Lactalis Australia is a major dairy processor that produces a wide range of dairy products across brands including Pauls, Harvey Fresh, Oak, Vaalia and Ice Break. The company’s multinational parent group, Lactalis Group, also recently acquired Fonterra’s global Consumer business and associated brands.

The ACCC alleges that Lactalis’ Golden North ‘Country Fresh’ 2L milk and Ferguson Valley ‘WA Dairy Fresh’ 2L milk were labelled as fresh milk, when each contained substantial amounts of powdered reconstituted ingredients.

The Lactalis products were identified in an ACCC investigation of the milk processing industry, which included obtaining information and reviewing the products of several major dairy processors and retailers – finding that processors and retailers largely label their fresh milk products accurately.

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July 2, 2026
De Minaur cruises through to Wimbledon third round with straight-sets win | Serena and out, Joint…

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De Minaur cruises through to Wimbledon third round with straight-sets win

Adrian Mannarino can be a tricky opponent but Alex de Minaur beat him in less than two hours. (Reuters: Marko Djurica)

Australian Alex de Minaur has raced into the third round at Wimbledon with a straight-sets victory over tricky French veteran Adrian Mannarino.

The fifth seed saw off his potentially troublesome left-handed opponent 6-3 6-2 6-2 in one hour 49 minutes.

De Minaur's third round opponent will be either Poland's Kamil Majchrzak or American Zach Svajda.

Alex de Minaur was not at his best against French veteran Adrian Mannarino as Wimbledon's fourth day opened with the sun out and mercury rising, but he was good enough.

Serena and out, Joint loses in three sets; Princess of Wales attends Wimbledon, de Minaur advances

London: Australian title hope Alex de Minaur refuses to look any further than his next match as his wide-open Wimbledon draw presents a golden opportunity for a career-best grand slam run.

The world No.6 breezed into the third round at Wimbledon without dropping a set for the second time in his career, dispatching Frenchman Adrian Mannarino, 6-3, 6-2, 6-2, in a rematch of their recent s’Hertogenbosch semi-final.

De Minaur was on and off the court inside two hours, which was helpful on a steamy London day, and he awaits American Zachary Svadja, who ousted s’Hertogenbosch champion Kamil Majchrzak, 2-6, 6-2, 6-7 (5-7), 6-4, 6-3 across almost three hours.

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Serena slayer bows out but Demon dashes to Wimby win

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Maya Joint's adventures in Wimbledon wonderland have been ended as she failed to follow up successfully on her sensational triumph over Serena Williams – but Alex de Minaur has kept the Australian flag flying as he marched into the third round.

After main man de Minaur saw off potentially troublesome French veteran Adrian Mannarino 6-3 6-2 6-2 on Thursday morning, the 20-year-old former Aussie No.1 Joint took to the same court 3 with high hopes of building on her first-round victory over returning seven-time champ Williams.

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July 2, 2026
Eva Longoria’s Secret to “Flawless” Skin at 51 Years Old? The Blurring $16 Drugstore Skin T…

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Airdate: Eva Longoria: Searching For France

Travel series Eva Longoria: Searching For France premieres tonight on SBS.

Over eight episodes, Eva Longoria – a serious Francophile – sets out on a flavourful journey through France to savour its world-renowned cuisine. From Paris oysters to Provence bouillabaisse, she uncovers regional dish histories, tours Burgundy, Brittany and Bordeaux, and concludes with two Paris patisserie episodes.

Series One, Episode One: Paris
Avant garde Paris is steeped in the traditions of haute cuisine, dating back to Louis XVl’s refinement of dining conventions with his ‘art of the table’ at the court of Versailles. At Alain Ducasse’s Le Meurice Eva eats a single oyster dressed in rhubarb in a flamboyant display reminiscent of the Sun King’s food theatre. And she meets the young chefs leading a new food scene, which blends French technique with global influences, including Mory Sacko at MoSuke, and Hanz Gueco at Le Cheval d’Or.

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July 2, 2026