
SBS News in Filipino, Sunday 29 June 2025
Changes to the minimum wage and superannuation contributions set to take effect in Australia from July 1.
The Philippine government begins its preparations for hosting the WorldSkills ASEAN Manila 2025.
Australian tennis player Maya Joint defeats Filipino sensation Alex Eala to claim Australia's first Eastbourne International title win in 50 years.
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29/06/2025 09:53 Filipino
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News.com.au
25 minutes ago
- News.com.au
Lunch Wrap: ASX up as Wall Street breaks records
ASX lifts as Wall Street soars to new records Tetratherix jumps in biotech IPO debut Hardie, DroneShield rise; Execs exit LTR, Inghams The ASX opened Monday a touch stronger, up 0.3 % by lunchtime in the east as healthcare and bank stocks led the charge. On Friday, the S&P 500 and Nasdaq both clocked fresh record highs, with Nvidia edging ever closer to the US$4 trillion club. The big driver was the sense that Trump's tariff tantrum might not go nuclear. In an interview with Fox, Trump said he didn't reckon he'd need to extend the July 9 tariff deadline, implying that he believes countries are moving toward deals. That has calmed nerves and helped boost market appetite for a bit more risk. Asia picked up the vibe, too. This morning, the Nikkei jumped over 1.5%. Elsewhere, oil lost steam, with Brent dipping to below US$67 a barrel. Traders are bracing for another potential OPEC+ supply hike, the fourth in a row, with 411,000 barrels a day possibly hitting the market come Sunday's meeting. Over in the gold pits, the precious metal slipped again, on track for its first monthly fall this year. The easing Middle East fears have taken some shine off the haven play. Back on the ASX, Tetratherix (ASX:TTX) made its ASX debut this morning with a 15% pop in the first few minutes of trading. Backed by Xero founder Rod Drury, the biotech raised $25 million for its injectable "chewing gum', designed for tissue, bone and surgical work with FDA approval in its sights. It's the first biotech IPO since ReNerve (ASX:RNV) last November and a decent litmus test for investor appetite in the space. In the large caps space, James Hardie (ASX:JHX) jumped 7% after Azek shareholders greenlit its $14 billion takeover, paving the way for Hardie to shift its primary listing to the NYSE. Liontown Resources (ASX:LTR) saw its CFO and COO both announce their departures, with successors lined up to take the reins in July and August. LTR shares fell 3.5%. And, Inghams (ASX:ING) officially waved goodbye to CEO Andrew Reeves on Friday, with Edward Alexander now steering the chook ship forward. Reeves will stick around until August to help with the handover. ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for June 30 : Security Description Last % Volume MktCap TD1 Tali Digital Limited 0.002 100% 13,897,807 $4,095,156 WEL Winchester Energy 0.002 100% 165,600 $1,363,019 LSR Lodestar Minerals 0.009 50% 30,067,490 $1,910,543 ADD Adavale Resource Ltd 0.002 50% 8,325,802 $2,287,279 ADY Admiralty Resources. 0.006 50% 1,690,337 $10,517,918 EEL Enrg Elements Ltd 0.002 50% 854,101 $3,253,779 ALM Alma Metals Ltd 0.004 33% 387,947 $5,261,182 EMT Emetals Limited 0.004 33% 50,000 $2,550,000 FHS Freehill Mining Ltd. 0.004 33% 628,446 $10,241,561 GTR Gti Energy Ltd 0.004 33% 2,603,885 $8,996,849 LCL LCL Resources Ltd 0.008 33% 5,356,812 $7,195,543 M2R Miramar 0.004 33% 6,250,614 $2,990,470 MPR Mpower Group Limited 0.009 29% 4,162,897 $2,405,923 RPG Raptis Group Limited 0.066 27% 177,393 $18,235,612 RCM Rapid Critical 0.003 25% 500,000 $2,831,556 ROG Red Sky Energy. 0.005 25% 120,000 $21,688,909 VR1 Vection Technologies 0.036 24% 30,049,768 $51,255,235 GBZ GBM Rsources Ltd 0.016 23% 3,064,593 $18,406,194 LRK Lark Distilling Co. 0.840 23% 485,122 $72,333,777 PUA Peak Minerals Ltd 0.033 22% 42,337,208 $75,797,675 SDV Scidev Ltd 0.365 22% 112,163 $57,026,459 AS2 Askarimetalslimited 0.006 20% 3,057,649 $2,020,853 BNL Blue Star Helium Ltd 0.006 20% 187,807 $13,474,426 C7A Clara Resources 0.003 20% 513,147 $1,470,677 ICR Intelicare Holdings 0.006 20% 198,537 $2,430,941 Lodestar Minerals (ASX:LSR) is raising $2.2 million in a two-tranche placement. The raise includes loyalty options for existing shareholders and is backed by Oakley Capital, which also comes on board as lead manager. The first $475k is locked in, with the rest subject to shareholder approval. The cash will fund new drilling and fieldwork at its Darwin and Three Saints copper-gold projects in Chile and bankroll a hunt for more ground there. Adavale Resources (ASX:ADD) has locked in approval for a 10-hole, 2,200m RC drilling program at its London Victoria gold project in NSW, aiming to boost its current JORC resource of 107koz at 1.06g/t. It's the first proper drill campaign at the site in over 30 years, and it's targeting shallow mineralisation extensions and potential high-grade veins like those found at the nearby Koh-I-Nor mine. Drilling is set to kick off shortly. GTI Energy (ASX:GTR) has raised $4.5 million from a placement to back its next round of drilling at the Lo Herma uranium project. The raise was done at 0.0035 a share, a 16.7% premium to its last close, with strategic investor Snow Lake Energy leading the charge and set to take a 9.9% stake in GTI, plus a board seat if all goes through. The cash will go toward resource expansion, infill drilling, and fieldwork. ASX SMALL CAP LOSERS Here are the worst performing ASX small cap stocks for June 30 : Code Name Price % Change Volume Market Cap GMN Gold Mountain Ltd 0.001 -50% 1,560,215 $11,239,518 IS3 I Synergy Group Ltd 0.002 -50% 3,892,995 $2,002,920 VEN Vintage Energy 0.003 -40% 343,075 $10,434,568 L1M Lightning Minerals 0.040 -33% 1,076,495 $6,199,699 CCO The Calmer Co Int 0.002 -33% 142,635 $9,034,060 TKL Traka Resources 0.001 -33% 135,263 $3,188,685 TMK TMK Energy Limited 0.002 -33% 35,626,606 $30,667,149 FIN FIN Resources Ltd 0.003 -25% 557,800 $2,779,554 HLX Helix Resources 0.002 -25% 248,732 $6,728,387 SFG Seafarms Group Ltd 0.002 -25% 72,209 $9,673,198 SRN Surefire Rescs NL 0.002 -25% 190,144 $4,972,891 T3D 333D Limited 0.007 -22% 195 $1,585,651 SRL Sunrise 0.775 -22% 490,344 $109,125,223 UCM Uscom Limited 0.015 -21% 80,000 $4,759,063 AUK Aumake Limited 0.002 -20% 326,886 $7,558,397 PPG Pro-Pac Packaging 0.016 -20% 77,661 $3,633,754 SKK Stakk Limited 0.004 -20% 1,165,197 $10,375,398 SRJ SRJ Technologies 0.004 -20% 528,849 $3,027,890 EM2 Eagle Mountain 0.005 -17% 156,132 $6,810,224 MKL Mighty Kingdom Ltd 0.017 -15% 480,524 $10,326,928 OVT Ovanti Limited 0.006 -14% 21,838,756 $21,038,605 PLG Pearlgullironlimited 0.006 -14% 705,981 $1,431,793 SSH Sshgroupltd 0.120 -14% 30,823 $10,407,640 YAR Yari Minerals Ltd 0.013 -13% 2,283,074 $8,320,672 EQS Equitystorygroupltd 0.020 -13% 61,331 $3,836,869 IN CASE YOU MISSED IT Star Minerals (ASX:SMS) is attempting to grow its Tumblegum South project resource with the goal of bringing the project into production. Brightstar Resources (ASX:BTR) is shooting for gold with attractive DFS for Menzies and Laverton. LAST ORDERS Finder Energy (ASX:FDR) has opened a new office in Dili, Timor-Leste, to support operations at the KTJ project's Kuda Tasi and Jahal oil fields. Management says the office will be a strategic hub for planning, stakeholder engagement and day-to-day operations management as FDR pursues first oil at KTJ. West Wits Mining (ASX:WWI) has locked in a loan facility for US$50m to develop the Qala Shallows gold project in South Africa, covering 55% of project funding. The remaining capital expenditure will be supported by equity contributions and early operational revenue. At Stockhead, we tell it like it is. While Finder Energy and West Wits Mining are Stockhead advertisers, they did not sponsor this article.

News.com.au
28 minutes ago
- News.com.au
Sale of Queen's Wharf precinct in doubt as Star Entertainment negotiations collapse
Fresh drama is engulfing the embattled Star Entertainment group as negotiations over the sale of its marquee $1.6bn Brisbane casino collapse. Star notified investors on Monday morning that its joint venture partners in the mammoth Queen's Wharf precinct had walked away from an agreement struck in March to take over Star's stake in the complex. Under the deal, Chow Tai Fook Enterprises and Far East Consortium would acquire Star's 50 per cent stake in Queen's Wharf, known as Destination Brisbane Consortium, for $53m. 'Since the recent general meeting, the parties have continued to negotiate with a view to finalising the long form documents but, as of this morning, have not reached an agreement on the outstanding commercial issues,' the company said in an ASX release. 'This morning, The Star received from the joint venture partners a notice to terminate the heads of agreement which will become effective five business days from today, unless withdrawn earlier. 'Despite the receipt of this notice, The Star remains willing to continue negotiations with the joint venture partners to give effect to the DBC transaction.' The buy out would have rid Star of a substantial $1.4bn debt obligation as the company struggles to stay afloat amid mounting financial pressures, including declining revenues and looming penalties from casino regulators. Star would also hand over its Treasury Hotel and carpark in the Brisbane CBD under the deal. The troubled company's asset base traverses three cities: Brisbane, the Gold Coast and Sydney. Star had planned to exit Brisbane and focus its operations on the Gold Coast and Sydney, but that plan is now on shaky ground. Separately, US casino giant Bally's lobbed a $300m takeover bid for majority control of Star in April. Bally's chief executive Soo Kim said his company was prepared to 'invest significant time and resources' to return Star to 'profitability and sustainability'. 'Our team has successfully improved more than 20 individual property acquisitions over 15 years in a variety of challenging circumstances across the entire spectrum of gaming regulatory environments and market conditions,' Mr Kim said. Bally's operates 19 resorts and casinos across the US, including casinos in gaming meccas Las Vegas and Atlantic City. Star's board backs the Bally's proposal, but it must also receive shareholder and regulatory approval. Monday's update delivers another twist in Star's slow but steady breakdown. In July last year, the company boasted a market capitalisation of $1.5bn. Now it is valued at $436m, with its shares trading at 15c. Shares in the company lifted 1.4 per cent on Monday's news. The gaming giant is nearly out of cash and confronting a severe downturn in revenues as an exodus of high rollers and cost-of-living pressures hit the business. It is also battling a tangled swirl of corporate watchdog investigations and penalties for serious failures at its operations. In October 2022, the NSW Independent Casino Commission imposed a $100m fine on Star after finding the company had allowed money laundering to take place at its Sydney casino.

News.com.au
40 minutes ago
- News.com.au
Audi Q4 Sportback review finds the perfect luxury EV salary sacrifice option
Salary workers would be salivating at the thought of four electrified rings. The new Audi Q4 makes the most of government incentives and could be in garages courtesy of novated leases for about $300 a week. With prices starting from less than $90,000, the Q4 is the least expensive e-tron we've seen from Audi. That also means it undercuts the Luxury Car Tax threshold so it's eligible for fringe benefit tax exemptions, which brings the leases into play and opens the door to a whole new market. Aptly named as it slots between the Q3 and Q5 in terms of size, the Q4 sits on the Volkswagen group's (that also owns Audi) modular electric drive platform, which has also been used for its Q5 sibling, the groovy VW ID Buzz, as well as the Cupra Born and Tavascan. The Q4 comes in SUV or Sportback body styles and two performance flavours, the 45 e-tron that just powers the front wheels, or the 55 e-tron that we tested and boasts all-wheel drive power – but also sees the cost push past $100,000. What do you get? Looking sleek and muscular in Sportback guise, the 21-inch alloys fill the expansive wheel arches, then on the inside it has a flat top and bottom steering wheel, stainless steel pedals and matt brushed aluminium inlays. Other nice kit includes three-zone aircon, electric tailgate with gesture control, 'S' embossed leather-trimmed seats, central 11.6-inch infotainment touchscreen, heated front seats, 10.25-inch driver instruments display and wireless phone mirroring apps. Our test car did have nearly $10,000 worth of extras courtesy of metallic paint ($1755), panoramic sunroof ($2925) and the $4700 Premium Plus package that incorporates tinted glass, 10-speaker Sonos stereo system, black exterior styling pack and exterior mirrors, along with an augmented reality head-up display. Grey is the only solid colour that doesn't attract a $1755 premium, with black, two shades of blue, violet, silver, another grey hue and white all metallic options. The Q4 has been available overseas for a few years but the latest models now available Down Under can charge quicker than the initial offerings – using a 175kW public charger the Q4 can shift from 10 to 80 per cent in about 28 minutes. Three-phase 11kW home chargers can replenish the battery in about 12 hours. Running costs are among the best you'll find in the prestige realm. The prepaid deal of $1900 covers three services with intervals every two years or 30,000km. It also comes with six years of roadside assist. All Audi e-trons come with a year's free subscription for the Chargefox network. How was the drive? Cornering flat and feeling nimble, despite tipping the scales at 2235kg, the Q4 offers composure and fuss-free driving. Riding on the massive 21-inch alloys it feels harsh ruts and potholes, yet maintains surprising composure under the majority of circumstances. Quicker than the front-wheel drive versions, the Quattro models manage the 0-100km/h sprint in 5.4 seconds. That's reasonably quick – but not insanely fast like some EVs. The steering feels light and lacks road feel when the going gets twisty. It rekindled memories of Audis from the early 2000s. Cabin serenity is assured and it boasts impressive boot space that easily swallowed our weekly family grocery shop of about 10 bags, while the door-top bottle holders are brilliant – it's a new benchmark and will be loved by those who like their H2O within close reach. Audi claims average consumption of just under 18kWh/100km, but we only got close to that on an easy highway journey. Our test saw an average of 21.6kWh/100km Would you buy one? Kel: For some reason I didn't gel with the Q4, which is unusual for Audis and my preferences. Great looks and easy to drive, it was nice but wasn't remarkable. We recently drove the SQ6 e-tron which was more expensive but I could see and feel the technology advancements. I could happily live with a Q4, but I'd want more value before becoming an owner. Grant: While we drove the 55 all-wheel drive derivative, it would be hard to pass up the benefits of the cheaper 45 models. Leasing benefits offer the best bang for buck when it comes to the Q4, which is a great family runabout EV. For those who want badge kudos, it's a predictable drive with anxiety free-range.