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Monday 10 August 2026
The Daily Melbourne

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Latest news · Melbourne

finance

Gina Rinehart Bets $1 Billion on SpaceX in Boldest Move Yet

Australia's richest person has made one of the most striking moves of her career, taking a stake reported to be worth more than A$1 billion in Elon Musk's SpaceX, the largest single investment Hancock Prospecting has made outside its iron ore heartland.

By Melbourne News Desk · 3 August 2026 · 2 min read

property

Melbourne Auction Clearance Rates Jump to 74% in July

Melbourne auction clearance rates climbed to 74% in early July. Inner East suburbs like Kew and Frankston corridor show strongest demand as winter listings slow.

By Melbourne Property Desk · 25 July 2026 · 2 min read

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