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6 days ago |
capitalbrief.com | Paulina Duran |Paige McNamee
Skip to contentASIC finds widespread compliance failures at managed funds; US government asks tech firms to justify high costs; Musk denies ketamine use claims from NYT report. Already a subscriber? Sign inChoose plan(Required)Let me know about offers and insider updates. or pay with credit cardLet me know about offers and insider updates. Your email address will be stored in accordance with ourprivacy policy.
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6 days ago |
capitalbrief.com | Paige McNamee
The news: House prices in Australia saw a broad-based increase during May, rising 0.5% and pushing the national index 1.7% higher over the first five months of 2025. The numbers: Data from Cotality, formerly CoreLogic, saw every capital city post a rise of at least 0.4% through the month. However, in annual terms the pace of gains in the national Home Value Index (HVI) slowed to 3.3%, the slowest 12-month change since the year ending August 2023.
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6 days ago |
capitalbrief.com | Paige McNamee
BriefingSpending crackdown12:01am on 2 June 2025The news: 10 technology providers, including Dell and IT firm CDW, have received letters from the US General Services Administration asking executives to justify their work and find areas to cut, as the Trump administration works to expand its review of federal contractors beyond consulting firms.
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6 days ago |
capitalbrief.com | Paige McNamee
Citing 2023 research from the CSIRO, the BCA report says that Australia’s AI research community remains globally competitive despite being small. In 2023, Australia had about 0.3% of the global population but contributed 1.6% of all AI research – overperforming by nearly five times. It argues that Australia is particularly strong in the design and development of highly efficient AI that has low data, energy and processing requirements.
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6 days ago |
capitalbrief.com | Paige McNamee
In volumes terms, the Australian Bureau of Statistics’ Monthly Household Spending Indicator was flat in the March quarter this year, with the 0.2% fall in QLD contributing to the flat result. What they said: Treasurer Jim Chalmers said: “Our government's first priority is helping to fund the recovery and rebuild for communities hit hard by all the heavy weather we're seeing more and more frequently.
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Great to speak with the @EPC_SEPA 's Director General Giorgio Andreoli @giorgioa66 on SEPA's Request to Pay progress

SEPA Request to Pay has just 3 registered adherents, the EPC isn’t worried https://t.co/PPspWPqHHm

RT @Finextra: SEPA Request to Pay has just 3 registered adherents, the EPC isn’t worried https://t.co/PPspWPqHHm