The wealthiest people under 40 are now worth a combined $31.7 billion, led by Canva duo Melanie Perkins and Cliff Obrecht, who topped the list for the sixth year. A roaring sharemarket, deep tax cuts and crypto riches are driving a younger cohort to invest in the world of floating luxury. 9News promises to bring you breaking news faster than any other media organisation. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work.

Two Iranian footballers given refuge in Australia after the AFC Women’s Asian Cup say they are focused on their health, safety and rebuilding their lives. The “unprecedented” fire at one of the two remaining oil refineries in Australia took more than 12 hours to extinguish. Get the news most relevant to you with an ABC Account Nationally, Indigenous people are over-represented in homelessness statistics. Finding a home for a large family in a regional area has left one family camping on the side of the highway in rural New South Wales.

St Kilda announces appeal against Collard ban for homophobic slur

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• The wealthy Maple-Brown family is selling two shops in leafy Woollahra and a newly constructed Dan Murphy’s has hit the market.
• The online luxury store has overhauled its board and appointed the veteran retailer as it faces continued investor uncertainty about its outlook.
• Simon Beard, the founder of streetwear empire Culture Kings, wants to live as long as possible to enjoy his success.

Follow our live coverage of the conflict in the Middle East and related developments in Australia. Our youngest to our longest-serving journalists reveal what it means to work at the Herald and some of their big, memorable moments. If you want to sing along, there is a place for you – it’s called a karaoke club. Major oil refinery goes up in flames More people are turning up to seek short-term loans for unexpected costs, such as medical bills and car repairs, says Cash Converters CEO Sam Budiselik. The online luxury store has overhauled its board and appointed the veteran retailer as it faces continued investor uncertainty about its outlook.

Stake.com founder invests millions to build Australia’s ChatGPT

The definitive list of our best and brightest next generation of entrepreneurs, aged 40 and younger. Check this page for latest Australian news updates and breaking headlines. We have bureaux in Sydney, Melbourne, Brisbane, Adelaide and Perth, with major regional bases on the Gold Coast, in Darwin and of course Canberra. If it’s happening in Australia, you’ll find it here. Sign up to get the latest on your favourite topics from the ABC

From teenage gamer to $88m: Inside Australia’s biggest crypto deal

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After losing the Australian Open to Melbourne, Sydney will again host a major event with international pulling power. Follow our live coverage of Meghan and Harry’s “quasi-royal” tour of Australia. The wealthy Maple-Brown family is selling two shops in leafy Woollahra and a newly constructed Dan Murphy’s has hit the market. Seemingly unmoved by Canberra’s $53 billion defence spending hike, the US president instead took the opportunity to condemn Australia for not helping with reopening the Strait of Hormuz.

The global payments group has raised $467 million from investors, who include all three of the country’s major venture capital firms. While there are plenty of investors trying to land a lucrative payday as AI use goes mainstream, Maincode is trying to become Australia’s answer to OpenAI. Kic co-founder and CEO Laura Henshaw is handing over the reins to serial founder Jane Martino, who will lead the company through a major wellness expansion. From term sheets to toddlers, these founders juggled building a business as well as a family. Longevity hacks and body tracking have become an obsession for the super-rich. Daniel Roberts, a former Macquarie banker who runs the Nasdaq-listed data centres business, says the agreement is only the first of many as demand booms.

The treasurer’s spending isn’t as “out of control” as you might be led to believe – and it’s the wrong thing to judge him on when he reveals the budget in May. The US president and his administration cannot claim credit for pressuring Australia to inject $53 billion more into defence over the next decade. In the NSW holiday town of Merimbula an iconic motel has been bought back to life.

Home to Sydney’s newest gaming experience, top shelf bars, oh so fine dining and next-level hotel luxury. Just show your Crown Rewards Card when you pay or play and you can start earning points, which you can redeem for Crown experiences like dining, gaming, hotels stays and much more. One of the national broadcaster’s top HR executives resigned after receiving questions about a team building day on a rich lister mate’s yacht on Sydney Harbour. The Pentagon defended its defence secretary, accusing media of peddling fake news, after he recited a prayer similar to lines from the Quentin Tarantino film. The total valuation of Australia’s 100 richest people aged 40 and under is diminished in 2022, but you still need $35 million to get on the list. Eat better, live better, one box at a time.

Simon Beard, the founder of streetwear empire Culture Kings, wants to live as long as possible to enjoy his success. The cryptocurrency gaming start-up is backed by some of the country’s best-known venture capital funds and says it has significantly reduced its cash burn. The definitive list of our next generation of entrepreneurs, aged 40 and younger.

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