Break it Down: Astral unveils golden opportunity with Mandilla PFS
Astral Resources has completed a PFS for its Mandilla gold project, highlighting strong economics amid a record gold price.
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News.com.au
28 minutes ago
- News.com.au
Aussies have been left surprised after a groundskeeper revealed his yearly salary
Aussies have been left surprised after a groundskeeper revealed his yearly salary. Get-ahead, an app that matches job seekers with employers, has a series on TikTok where they stop ordinary Aussies on the street and ask them about their salaries. A young man in a puffer jacket has sparked an outcry after he revealed he was earning far less than the national average. 'I'm a groundskeeper, and I make about $50,000 a year,' he said. According to figures from the Australian Bureau of Statics, the average yearly salary in late 2024 was a staggering $103,812. The full-time adult's weekly total earnings are $1996.40. The average, or mean, salary is calculated by dividing total earnings by the total number of people (or employees). The median is another commonly used calculation method, which provides the 'middle' earnings figure, where half of people earn more than the median earnings value and half earn less than the median earnings value The young groundskeeper explained that he got his job because he was a member of the golf club, and then asked if they needed any help. 'I start at 5am every morning. I don't work Wednesdays, I work Saturdays instead, and we finish about 2pm every day,' he said. He revealed that one of the perks of the job is that he gets a discounted membership and he enjoys being part of a community. 'Yeah I know pretty much about everyone, which is good,' he said. The young worker said it has been a hard slog at the moment because weather conditions so dictate his work. 'We've had a lot of rain over the last six months. So it has been pretty hard,' he said. The young Aussie also revealed that 'everything is much pretty much learned on the job' with groundskeeping. Online Aussies weighed in. '50k is outrageous,' one claimed. 'Why? Not everyone should be earning a zillion dollars a year,' someone else argued. 'That doesn't even cover me eating out 7 days a week,' one joked. 'At least the man is working,' another argued. The groundskeeper's salary reveal comes after an apprentice electicans shocked Aussies by revealing her staggering wage. 'I make probably about $100,000 a year at the moment,' she said. The young woman said she was only in her second year of apprenticeship but was working shifts to earn that much money. 'We do a rotating roster, so like, two weeks of day shifts, a week of night shifts, and the night shifts are where you make a lot of money,' she said. Aussies were shocked to discover that someone still learning a trade could earn such a substantial amount. 'No way! 2nd year on $100k. I call BS,' one said. But another replied and argued that she's doing 'night shift and roster work', so they didn't doubt she'd be making six figures. Someone else who claimed they had 30 years of experience said they were stunned to learn they earned around the same as a second-year apprentice. 'That's nuts,' the tradie wrote. 'I'm in my second year and get $39,000,' another said.
News.com.au
44 minutes ago
- News.com.au
‘Didn't need fireworks': ASX jumps during Monday's trading
The Australian sharemarket continued its run higher during Monday's trading and has now had its best financial year in the last four. The benchmark ASX 200 index gained 28.10 points or 0.33 per cent to finish Monday's trading at 8,542.30. The broader All Ordinaries also closed higher up 29.40 points or 0.34 per cent to 8,773.00. The Australian dollar also reached its highest point against the US dollar since November 2024, although this was largely due to the US dollar selling off. Australia's dollar is now buying 65.36 US cents. On an overall strong day ten of the 11 sectors finished in the green, with just the materials sector being a drag on the market. Monday's gains helped the ASX gain more than 10 per cent for the financial year, for the best 12-months since 2021. The gains were led by the healthcare sector with CSL jumping 2.19 per cent to $239.48, while Sigma Healthcare rose 1.36 per cent to $2.99 and Pro Medicus finished in the green up 1.60 per cent to $285.08. The consumer discretionary stocks also helped drag the index higher with Wesfarmers up 0.74 per cent to $84.75, while JB Hi FI gained 1.61 per cent to $110.35 and The Lottery Corporation gained 0.76 per cent to $5.27. Despite a lift in iron ore prices on Friday, the big miners struggled again on Monday. BHP slumped 2.08 per cent to $36.75, while Rio Tinto slumped 1.69 per cent to $107.13 and Fortescue dropped 1.16 per cent to $15.28. IG market analyst Tony Sycamore said today's end of financial year trading did not finish with the usual bang of previous years. 'It certainly wasn't a traditional whiz bang fireworks to end the financial year, ' Mr Sycamore told Newswire. 'Given the fact the market was sitting near record highs the market didn't need to get an extra little shove into the sign-off'. Mr Sycamore said usually the end of the financial year comes with a lot of 'window dressing' to close out the year. 'It has had a pretty impressive recovery from its April lows and I think for that reason there was a willingness from participants to sit back and let it do its thing.' In company news embattled casino Star Entertainment Group told the market on Monday its joint venture partnership 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. Shares slumped 6.9 per cent to $0.14 in the back of this announcement. Shares in James Hardie soared 7.1 per cent to $41.70 after the business shifted its primary listing to the New York Stock Exchange. Defence company DroneShield slumped 4.209 points to $2.28 despite the business announcing a new $9.7m contract with an unnamed defence customer in Latin America.
ABC News
an hour ago
- ABC News
ASX surprise on the upside for the financial year
Economic futurist Evan Lucas unpacks the financial year that was for the S&P/ASX 200, describing it in one word as volatile.
