Australian earnings growth slows to 1.6% in May
Average weekly ordinary time earnings for full-time adults in Australia rose to $2,083.70 in May, according to the ABS.

Founder and CEO of Grafa, leading the company's vision to democratise financial data and empower investors with innovative tools.
Average weekly ordinary time earnings for full-time adults in Australia rose to $2,083.70 in May, according to the ABS.
Zero Hash was reportedly rejected in its bid to become a US trust bank, according to a report by CoinDesk.
Metaplanet CEO Simon Gerovich said the company did not sell Bitcoin after a large wallet transfer sparked market speculation.
Telstra (ASX:TLS) reported a 2.7% full-year profit increase to $2.41 billion alongside a $1 billion share buyback.
Global oil demand is projected to decline by 1.6 million barrels per day in 2026 due to ongoing disruptions in the Strait of Hormuz.
Marex Group (NASDAQ:MRX) reported preliminary unaudited second-quarter 2026 revenue of $695.8 million, up 39% year-over-year, with adjusted profit before tax increasing 56% to $165.9 million.
Jumia (NYSE:JMIA) reported second-quarter 2026 revenue of $52 million, up 14% year-over-year, while gross merchandise value increased 20% to $216.3 million.
Applied Aerospace & Defense (NYSE:AADX) reported record second-quarter 2026 revenue of $167.3 million, up 47.4% year-over-year, while contract backlog exceeded $1.1 billion.
Longtime Bitcoin core developer Jeff Garzik has stated that the network's first major wave of users did not come from Satoshi Nakamoto's white paper but from a single Slashdot post published in July 2010 that directed thousands of technically curious readers to a working, downloadable version of the Bitcoin software, according to a summary by WuBlockchain.
Trimble (NASDAQ:TRMB) reported second-quarter 2026 revenue of $972 million, up 11% year-over-year and 10% organically, with annualized recurring revenue reaching a record $2.51 billion.