Capital city home prices fall across Australia as experts predict slump could last a year and cut values by 10%

Buyers abandon auctions and Sydney, Melbourne and Canberra median house prices end May lower than they were at the end of 2025

Home prices in Australia’s capital cities have begun to fall, with experts predicting the decline could last at least a year and wipe as much as 10% from values.

The median capital city home price fell in May, the first decline since January 2025, as high interest rates and inflation stretched buyer budgets, Cotality reported on Monday. Auction success hit a new low for the year.

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Arm boss in line for billion-dollar payday if chipmaker hits targets

Proposal requires Rene Haas to steer US-listed British company to ‘exceptional growth metrics’

The chief executive of Arm is in line for a pay package that would make him a billionaire if he hits targets to turn the microchip firm into the UK’s first trillion-dollar company.

Arm, which is listed in New York but retains its global headquarters in Cambridge, has proposed a pay scheme for Rene Haas in which he will receive generous annual share awards plus a maximum bonus of $800m if he can hit certain “exceptional growth metrics”.

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Attack on Europe’s Largest Nuclear Power Plant ‘Playing With Fire,’ UN Says – Newsweek

  1. Attack on Europe’s Largest Nuclear Power Plant ‘Playing With Fire,’ UN Says  Newsweek
  2. Russia says Ukrainian drone struck Zaporizhzhia nuclear plant, Kyiv denies  Reuters
  3. Ukraine hits Russian energy targets and denies striking Kremlin-occupied nuclear plant  AP News
  4. Ukraine war briefing: Kyiv denies its drone hit Zaporizhzhia nuclear plant  The Guardian
  5. IAEA Visits Atomic Plant After Strike, Kyiv Hits Russia Refinery  Bloomberg.com
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Right-wing Fujimori holds narrow lead one week before Peru presidential runoff, polls show – Reuters

  1. Right-wing Fujimori holds narrow lead one week before Peru presidential runoff, polls show  Reuters
  2. Peru’s Fujimori Holds Narrow Lead Over Sánchez Ahead of Runoff  Bloomberg.com
  3. Peru's Presidential Candidates Clash On Crime, 'Political Mafia'  Barron's
  4. Peru Election  Bluefield Daily Telegraph
  5. Peru votes in tight runoff as Fujimori makes fresh bid for power  RFI
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Right-wing Fujimori holds narrow lead one week before Peru presidential runoff, polls show – Reuters

  1. Right-wing Fujimori holds narrow lead one week before Peru presidential runoff, polls show  Reuters
  2. Peru’s Fujimori Holds Narrow Lead Over Sánchez Ahead of Runoff  Bloomberg.com
  3. Peru's Presidential Candidates Clash On Crime, 'Political Mafia'  Barron's
  4. Peru Election  Bluefield Daily Telegraph
  5. Peru votes in tight runoff as Fujimori makes fresh bid for power  RFI
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Beyond Frontlines: 3rd Army Corps Asserts Drone Control Over Occupied Luhansk Logistics – Kyiv Post

  1. Beyond Frontlines: 3rd Army Corps Asserts Drone Control Over Occupied Luhansk Logistics  Kyiv Post
  2. Russian Offensive Campaign Assessment, May 31, 2026  Institute for the Study of War
  3. Ukraine using AI drones to strike vital convoys supplying Russian troops  BBC
  4. Highway to Hell: Ukraine's Logistics Lockdown, Taiwan’s Littoral Command and China’s Evolving Nuclear Capability. The Big Five, 31 May edition.  Futura Doctrina | Mick Ryan
  5. Ukraine hammers Russia’s land corridor to Crimea  politico.eu
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Death of Congolese man renews scrutiny of race relations in Ireland

Yves Sakila died after being restrained by security guards ‘in broad daylight’

Irish authorities have agreed to a second postmortem on the body of a Congolese man who died after being restrained by shop security guards on a Dublin street, prompting an outcry and comparisons to the death of George Floyd.

A forensic pathologist from England is to conduct an independent postmortem this week on Yves Sakila, 35, an alleged shoplifter who was pursued and pinned to the ground in the city centre on 15 May. The police force, An Garda Síochána, is investigating.

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Lukashenko says Belarus has ‘major’ target in Ukraine in its sights – The Kyiv Independent

  1. Lukashenko says Belarus has 'major' target in Ukraine in its sights  The Kyiv Independent
  2. Russian Offensive Campaign Assessment, May 26, 2026  Institute for the Study of War
  3. Lukashenko responds to remarks of Ukraine's drone commander about 500 targets in Belarus: we have one target  Українська правда
  4. Latushka on Ukraine's 500 targets in Belarus: "First target is Lukashenka himself"  belsat.eu
  5. Ukraine war: Kremlin vows response to French seizure of tanker  MSN
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Malta’s prime minister declares historic victory in snap election – politico.eu

  1. Malta’s prime minister declares historic victory in snap election  politico.eu
  2. Malta's Labour Party wins record fourth term in parliamentary election  Reuters
  3. Voting ongoing in snap elections in Malta, governing party expected to win  Al Jazeera
  4. Maltese cast ballots as Labour government seeks fourth term in snap election  Euronews
  5. WATCH: Big celebrations in the streets after the election result was announced  TVMnews.mt
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Jewish group to sue over bathhouse ban after ‘Zionist quiz’ for visitors – The Jewish Chronicle

  1. Jewish group to sue over bathhouse ban after ‘Zionist quiz’ for visitors  The Jewish Chronicle
  2. 'Wear the Star of David without fear' say Barcelona Jews after antisemitic sauna incident  ynetnews
  3. Jewish woman wearing Star of David pendant forced out of Spanish sauna  The Telegraph
  4. Barcelona spa apologizes for exclusion of Jews  JNS.org
  5. Two Jewish women denied entry to Barcelona sauna over Star of David necklaces  The Times of Israel
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Could Trump’s Iran ‘excursion’ be a bigger global turning point than Vietnam?

The far shorter Middle East war has rapidly revealed the strategic weakness of US firepower in an interconnected world

In a 1965 speech justifying the war in Vietnam, Lyndon B Johnson argued that the goal was to ensure “every country can shape its own destiny” since only in such a world could the US secure its own freedom. However, he also admitted “such were infirmities of man that force must often precede reason, and the waste of war, the works of peace”.

It was the kind of elegant justification of the country’s moral mission to which successive US presidential speechwriters have turned at times of war.

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