Category: Australia

MIL-OSI: KraneShares Launches First Global Humanoid & Embodied Intelligence ETF (Ticker: KOID) On Nasdaq
Source: GlobeNewswire (MIL-OSI)

NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) — Krane Funds Advisors, LLC (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs), announced the launch of the KraneShares Global Humanoid and Embodied Intelligence Index ETF (Ticker: KOID). KOID represents the first US-listed thematic equity ETF that captures the global humanoid opportunity.¹

Thanks to breakthroughs in Artificial Intelligence (AI), machine learning, advanced materials, and robotics manufacturing, commercial and retail applications of humanoid robotics and embodied intelligence are now a reality. Humanoid robots—including Tesla’s Optimus, Figure AI, and Unitree—are already demonstrating impressive performance in human tasks, including in both factory and home settings. The Morgan Stanley Global Humanoid Model projects there could be 1 billion humanoids and $5 trillion in annual revenue by 2050.²

KOID seeks to capture the global humanoid and embodied intelligence ecosystem, which refers to AI systems integrated into physical machines that can sense, learn, and interact with the real world. Humanoid robotics, a key subset of embodied intelligence, focuses on robots with human-like forms and capabilities designed to work seamlessly in environments built for people, like factories, hospitals, and homes. The acceleration of bringing robots to the commercial and retail markets stems from the need to address urgent global challenges like labor shortages, aging populations, and greater efficiency and safety across industries.

“Soon, the cost of a humanoid robot could be less than a car³,” said KraneShares Senior Investment Strategist Derek Yan, CFA. “We see compelling investment opportunities among the humanoid enablers and supply-chain partners that will bring humanoid robots into our daily lives at scale.”

Unlike legacy robotics‐focused ETFs, KOID focuses exclusively on humanoid robotics and embodied AI, positioning itself at the forefront of the next generation of robotics innovation. KOID aims to capture the full spectrum of enabling technologies that form the foundation of humanoid development, including humanoid integration & manufacturing, mechanical systems, sensing & perception, actuation systems (the “muscle” of the robot), semiconductors & technology, and critical materials. KOID offers global exposure to companies based primarily in the United States, China, and Japan within the information technology, industrial, and consumer discretionary sectors.

“We are excited to bring the Humanoid opportunity to global investors through KOID, the latest addition to our suite of innovative global thematic ETFs,” said KraneShares CEO Jonathan Krane. “At KraneShares, our core goal is to launch strategies like KOID to capture emerging megatrends, giving our clients access to powerful growth opportunities as they accelerate.”

The KOID ETF will track the MerQube Global Humanoid and Embodied Intelligence Index, which is designed to capture the performance of companies engaged in humanoid and embodied intelligence-related business.

For more information on the KraneShares Global Humanoid and Embodied Intelligence Index ETF (Ticker: KOID), please visit https://kraneshares.com/koid or consult your financial advisor.

About KraneShares

KraneShares is a specialist investment manager focused on China, Climate, and Alternatives. KraneShares seeks to provide innovative, high-conviction, and first-to-market strategies based on the firm and its partners’ deep investing knowledge. KraneShares identifies and delivers groundbreaking capital market opportunities and believes investors should have cost-effective and transparent tools for attaining exposure to various asset classes. The firm was founded in 2013 and serves institutions and financial professionals globally. The firm is a signatory of the United Nations-supported Principles for Responsible Investment (UN PRI).

Citations:
1. Data from Bloomberg as of 5/27/2025.
2. “Humanoids: 1bn Robots and $5tn Revenues by 2050, China is in Pole Position” Morgan Stanley Research, 4/28/2025.
3. “Could AI Robots Help Fill the Labor Gap?” Morgan Stanley Research, 8/13/2024.
Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ full and summary prospectus, which may be obtained by visiting https://kraneshares.com/koid. Read the prospectus carefully before investing.

Risk Disclosures:

Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.

This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice.

Humanoid and embedded intelligence technology companies often face high research and capital costs, resulting in variable profitability in a competitive market where products can quickly become obsolete. Their reliance on intellectual property makes them vulnerable to losses, while legal and regulatory changes can impact profitability. Defining these companies can be complex, and some may risk commercial failure. They are also affected by global scientific developments, leading to rapid obsolescence, and may be subject to government regulations. Many companies in which the Fund invests may not currently be profitable, with no guarantee of future success.

A-Shares are issued by companies in mainland China and traded on local exchanges. They are available to domestic and certain foreign investors, including QFIs and those participating in Stock Connect Programs like Shanghai-Hong Kong and Shenzhen-Hong Kong. Foreign investments in A-Shares face various regulations and restrictions, including limits on asset repatriation. A-Shares may experience frequent trading halts and illiquidity, which can lead to volatility in the Fund’s share price and increased trading halt risks. The Chinese economy is an emerging market, vulnerable to domestic and regional economic and political changes, often showing more volatility than developed markets. Companies face risks from potential government interventions, and the export-driven economy is sensitive to downturns in key trading partners, impacting the Fund. U.S.-China tensions raise concerns over tariffs and trade restrictions, which could harm China’s exports and the Fund. China’s regulatory standards are less stringent than in the U.S., resulting in limited information about issuers. Tax laws are unclear and subject to change, potentially impacting the Fund and leading to unexpected liabilities for foreign investors. Fluctuations in currency of foreign countries may have an adverse effect to domestic currency values.

The Japanese economy depends heavily on international trade and is vulnerable to economic, political, and social instability, which could affect the Fund. The yen is volatile, influenced by fluctuations in Asia, and has historically shown unpredictable movements against the U.S. dollar. Natural disasters, such as earthquakes and tidal waves, also pose risks. Furthermore, government intervention and an unstable financial services sector can negatively impact the economy, which relies significantly on trade with developing nations in East and Southeast Asia.

The Fund invests in non-U.S. securities, which can be less liquid and subject to weaker regulatory oversight compared to U.S. securities. Risks include currency fluctuations, political or economic instability, incomplete financial disclosure, and potential taxes or nationalization of holdings. Foreign trading hours and settlement processes may also limit the Fund’s ability to trade, and different accounting standards can add complexity. Suspensions of foreign securities may adversely impact the Fund, and delays in settlement or holidays may hinder asset liquidation, increasing the risk of loss.

The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. A derivative (i.e., futures/forward contracts, swaps, and options) is a contract that derives its value from the performance of an underlying asset. The primary risk of derivatives is that changes in the asset’s market value and the derivative may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risk. The Fund is subject to liquidity risk, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If a transaction for these securities is large, it may not be possible to initiate, which may cause the Fund to suffer losses. Counterparty risk is the risk of loss in the event that the counterparty to an agreement fails to make required payments or otherwise comply with the terms of the derivative.

Large capitalization companies may struggle to adapt fast, impacting their growth compared to smaller firms, especially in expansive times. This could result in lower stock returns than investing in smaller and mid-sized companies. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility.

A large number of shares of the Fund is held by a single shareholder or a small group of shareholders. Redemptions from these shareholder can harm Fund performance, especially in declining markets, leading to forced sales at disadvantageous prices, increased costs, and adverse tax effects for remaining shareholders.

The Fund is new and does not yet have a significant number of shares outstanding. If the Fund does not grow in size, it will be at greater risk than larger funds of wider bid-ask spreads for its shares, trading at a greater premium or discount to NAV, liquidation and/or a trading halt. Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sector, industry, market, or group of concentrations to the extent that the Underlying Index has such concentrations. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration. KOID is non-diversified.

Neither MerQube, Inc. nor any of its affiliates (collectively, “MerQube”) is the issuer or producer of KOID and MerQube has no duties, responsibilities, or obligations to investors in KOID. The index underlying the KOID is a product of MerQube and has been licensed for use by Krane Funds Advisors, LLC and its affiliates. Such index is calculated using, among other things, market data or other information (“Input Data”) from one or more sources (each such source, a “Data Provider”). MerQube^® is a registered trademark of MerQube, Inc. These trademarks have been licensed for certain purposes by Krane Funds Advisors, LLC and its affiliates in its capacity as the issuer of the KOID. KOID is not sponsored, endorsed, sold or promoted by MerQube, any Data Provider, or any other third party, and none of such parties make any representation regarding the advisability of investing in securities generally or in KOID particularly, nor do they have any liability for any errors, omissions, or interruptions of the Input Data, MerQube Global Humanoid and Embodied Intelligence Index, or any associated data.

Neither MerQube nor the Data Providers make any representation or warranty, express or implied, to the owners of the shares of KOID or to any member of the public, of any kind, including regarding the ability of the MerQube Global Humanoid and Embodied Intelligence Index to track market performance or any asset class. The MerQube Global Humanoid and Embodied Intelligence Index is determined, composed and calculated by MerQube without regard to Krane Funds Advisors, LLC and its affiliates or the KOID. MerQube and Data Providers have no obligation to take the needs of Krane Funds Advisors, LLC and its affiliates or the owners of KOID into consideration in determining, composing or calculating the MerQube Global Humanoid and Embodied Intelligence Index. Neither MerQube nor any Data Provider is responsible for and have not participated in the determination of the prices or amount of KOID or the timing of the issuance or sale of KOID or in the determination or calculation of the equation by which KOID is to be converted into cash, surrendered or redeemed, as the case may be. MerQube and Data Providers have no obligation or liability in connection with the administration, marketing or trading of KOID. There is no assurance that investment products based on the MerQube Global Humanoid and Embodied Intelligence Index will accurately track index performance or provide positive investment returns. MerQube is not an investment advisor. Inclusion of a security within an index is not a recommendation by MerQube to buy, sell, or hold such security, nor is it considered to be investment advice.

NEITHER MERQUBE NOR ANY OTHER DATA PROVIDER GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE MERQUBE GLOBAL HUMANOID AND EMBODIED INTELLIGENCE INDEX OR ANY DATA RELATED THERETO (INCLUDING DATA INPUTS) OR ANY COMMUNICATION WITH RESPECT THERETO. NEITHER MERQUBE NOR ANY OTHER DATA PROVIDERS SHALL BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. MERQUBE AND ITS DATA PROVIDERS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND THEY EXPRESSLY DISCLAIM ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY KRANE FUNDS ADVISORS, LLC AND ITS AFFILIATES, OWNERS OF THE KOID, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE MERQUBE GLOBAL HUMANOID AND EMBODIED INTELLIGENCE INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL MERQUBE OR DATA PROVIDERS BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THE FOREGOING REFERENCES TO “MERQUBE” AND/OR “DATA PROVIDER” SHALL BE CONSTRUED TO INCLUDE ANY AND ALL SERVICE PROVIDERS, CONTRACTORS, EMPLOYEES, AGENTS, AND AUTHORIZED REPRESENTATIVES OF THE REFERENCED PARTY.

ETF shares are bought and sold on an exchange at market price (not NAV) and are not individually redeemed from the Fund. However, shares may be redeemed at NAV directly by certain authorized broker-dealers (Authorized Participants) in very large creation/redemption units. The returns shown do not represent the returns you would receive if you traded shares at other times. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns. Beginning 12/23/2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates the current NAV per share. Prior to that date, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time.

The KraneShares ETFs and KFA Funds ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Funds, or any sub-advisers for the Funds.

The MIL Network –
June 6, 2025
MIL-OSI: Orbit International’s Power Group Reports Bookings of Approximately $1,000,000 for the Month of May 2025

Source: GlobeNewswire (MIL-OSI)

HAUPPAUGE, N.Y., June 05, 2025 (GLOBE NEWSWIRE) — Orbit International Corp. (the “Company”) (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that bookings for its Orbit Power Group (“OPG”) for the month of May 2025 were approximately $1,000,000. Deliveries for these orders have already commenced and are expected to continue through the fourth quarter of 2026.

Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report very strong bookings for our OPG during the month of May 2025. Bookings for the month were highlighted by orders for VPX power supplies totaling over $800,000. Bookings for our VPX power supplies continue to be strong in 2025 after record bookings for this technology in 2024, and despite the delay of a significant follow-on order. This order was expected in the first half of 2025 and is now expected in the first half of 2026, however, the timing of receipt of military awards is always an uncertainty. We remain encouraged by the progress of this technology as we continue to receive follow-on orders from our customer base along with initial prototype orders from both existing and new customers as we develop additional features for this technology.”

Orbit International Corp., through its Electronics Group, is involved in the development and manufacture of custom electronic device and subsystem solutions for military, industrial and commercial applications through its production facilities in Hauppauge, NY and Carson, CA. Orbit’s Power Group, also located in Hauppauge, NY, designs and manufactures a wide array of power products including VPX, COTS (Commercial-off-the-shelf) and commercial power supplies.

Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including, statements regarding our expectations of Orbit International Corp.’s operating plans, deliveries under contracts and strategies generally; statements regarding our expectations of the performance of our business; expectations regarding costs and revenues, future operating results, additional orders, future business opportunities and continued growth, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Orbit International Corp. believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.

Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond Orbit International Corp.’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact Orbit International Corp. and the statements contained in this news release can be found in Orbit International Corp.’s reports posted with the OTC Disclosure and News service. For forward-looking statements in this news release, Orbit International Corp. claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Orbit International Corp. assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

CONTACT
David Goldman
Chief Financial Officer
631-435-8300

The MIL Network –

June 6, 2025
MIL-OSI United Kingdom: Emergency utility repairs hold up Darlington Street improvement works

Source: City of Wolverhampton

The works form part of City of Wolverhampton Council’s £19 million programme to transform the city centre experience for visitors to Darlington Street, Lichfield Street and Queen Square.

All externally funded, the investment will help boost the local economy by delivering better public spaces, improved lighting and safety, more trees, greenery and seating and easier access for buses, cycles and taxis. It follows extensive consultation with businesses, the public and key stakeholders.

Contractor Taylor Woodrow started the first stage of the transformation works on Darlington Street on 20 January and have been making good progress.

Unfortunately, recent excavation works have uncovered a water main in very poor condition that needs to be dealt with by Severn Trent Water, who are not expected to start on site until the end of June, halting the improvement works on the southside carriageway.

In addition, 2 BT chambers have been discovered that require emergency works. Cellars, belonging to buildings that once stood adjacent to the Fold Street car park, have also been exposed that require backfilling correctly to avoid future subsidence.

Despite readjusting the works schedule to pick up works in other parts of the site, the combined effect of these factors – all out of the council’s and Taylor Woodrow’s control – mean the Darlington Street works and associated road closure between Chapel Ash Island and Red Lion Street will be in place longer than anticipated. Pedestrian access to businesses will continue to be maintained during business hours.

The overall city centre improvements 2 and a half year programme is still on course to be completed by summer 2027.

City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, Councillor Chris Burden, said: “We appreciate this is frustrating and we will continue to do everything in our power to minimise disruption caused by these unforeseen issues with utility providers.

“These works will ultimately enable people to better enjoy our city centre from the moment they arrive and are the next step in our transformation plans that have already seen improvements in North Street and Victoria Street deliver positive outcomes for businesses, residents and visitors.

“In the meantime, I’d like to thank everyone for their patience and understanding while these critical works are carried out.”

MIL OSI United Kingdom –

June 6, 2025
MIL-OSI: Bullet Blockchain, Inc. to Present at Blockchain and Digital Assets Virtual Investor Conference on June 5, 2025
Source: GlobeNewswire (MIL-OSI)

RENO, Nev., June 05, 2025 (GLOBE NEWSWIRE) — Bullet Blockchain, Inc. (OTC: BULT), a leading innovator in blockchain technology and digital asset management, today announced that its management will present live at the Blockchain and Digital Assets Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on June 5, 2025, at 2:30 PM ET.

Event Details for BULT presentation:
- Date: Thursday, June 5, 2025
- Time: 2:30 PM Eastern Time
- Location: REGISTER HERE
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com

Recent Company Highlights

Attended the Bitcoin2025 Conference – Furthered opportunities across many key aspects of operations including: wallet security partnerships, expansion and implementation of hardware/software capabilities, negotiating new hires and strategic partnerships with crypto focused companies.

New C-Suite Executive – Appointed Eric Noveshen as the company’s Executive Vice President and interim-Chief Financial Officer.

Exclusive Cybersecurity Solution for Crypto ATMs – Executed exclusive partnership with Sailo Technologies CY Ltd., to integrate next-generation digital wallet security solutions into crypto ATMs—preventing fraud and affording users a seamless transaction experience.

Continued Growth – Began operations in QT2 2023 acquiring 26 ATM Kiosks; ending year with 74 crypto ATMs and $1.68M in Revenue (exceeding year’s projections). Closed 2024 year with 200 Crypto ATM Kiosks, operational in 6 states, and $2.21M in Revenue.

About Bullet Blockchain, Inc.
Bullet Blockchain, Inc. (OTC: BULT), based in Las Vegas, Nevada, is a diversified blockchain and Web 3.0 technology company. Through its wholly owned subsidiary, First Bitcoin Capital LLC, Bullet holds exclusive rights to two foundational U.S. patents for Bitcoin ATMs—positioning it as the only U.S.-based company with this IP. Its Bitcoin ATMs, operated by licensed third parties, support real-time cash-to-Bitcoin transactions and are part of a growing national network focused on expanding crypto access across diverse communities.

The company is committed to accelerating blockchain innovation and driving shareholder value through strategic software development, licensing, and decentralized platform solutions. Material updates are shared via Bullet Blockchain’s website, OTC Markets disclosures, press releases, and social media channels.

Follow us at:
Website: https://www.bulletblockchain.com/
X (f/k/a Twitter): @BULT_stock
Reddit: https://www.reddit.com/r/BULT/
Facebook: https://www.facebook.com/BulletBlockchainInc/
LinkedIn: www.linkedin.com/in/bullet-blockchain-inc

Find investor and general information at https://www.otcmarkets.com/stock/BULT/profile
For investor and general information, please email  contact@BulletBlockchain.com

About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Forward-Looking Statements:
Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors, including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release, and these views could change at some point in the future. However, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking.

CONTACTS:

Investor Relations
Bullet Blockchain, Inc.
Email: ir@bulletblockchain.com
Tel: (775) 237-8856

Virtual Investor Conferences
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com

The MIL Network –
June 6, 2025
MIL-OSI: Magnite Integrates Anoki ContextIQ Platform and AI Copilot to Bring Scene Level Targeting to CTV

Source: GlobeNewswire (MIL-OSI)

NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) — Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced the integration of Anoki ContextIQ, the industry-leading multimodal AI platform for contextual video intelligence at scale. As the first SSP to adopt ContextIQ, Magnite is helping bring the benefits of the platform and its AI copilot to CTV advertising. The collaboration unlocks exclusive access to ContextIQ through Magnite SpringServe, giving buyers access to scene-level contextual targeting and planning tools.

Anoki ContextIQ is a purpose-built AI engine that analyzes scene content, sentiment, and brand safety in CTV environments. Integrating the technology within Magnite SpringServe helps unlock greater transparency for buyers and resonance with the scene and emotions ahead of the ad break. This allows campaigns to be aligned with content and helps unlock the full potential of scene-level buying. Publishers can gain deeper insight into the contextual value of their content, helping them to surface high-value inventory that aligns with brand objectives, improves yield and unlocks new monetization opportunities.

“At Magnite, we’ve long been focused on building and enabling tools that help our clients optimize across every screen, and this integration with Anoki takes that commitment to the next level,” said Kristen Williams, SVP, Partnerships at Magnite. “By embedding AI-powered scene analysis into our CTV stack, we’re equipping advertisers with smarter, more scalable tools to reach their audiences in the most relevant moments, all while maintaining transparency and control.”

“The integration of ContextIQ within SpringServe allows the industry to reimagine the ad break by opening up a complete picture of scene level analysis across CTV. We partnered with Magnite for their deep leadership in CTV and shared commitment to innovation,” said Abbey Thomas, Chief Commercial Officer at Anoki. “ContextIQ leverages multimodal AI to capture the full emotional, visual, and auditory context of every scene. That allows publishers and advertisers to unlock more precision, brand safety, and emotional resonance in CTV.”

“At A+E, we’re continually exploring ways to deliver enhanced value for our advertisers,” said Roseann Montenes, Head of Audience Innovation & Digital at A+E Global Media. “This integration allows us to marry the power of A+E’s best-in-class entertainment portfolio with state-of-the-art contextual tech, enriching viewers’ experience with ads far more relevant, resonant, and aligned with the content on screen.”

About Magnite
We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.

About Anoki AI
Anoki AI is a pioneering AI company revolutionizing the world of connected TV (CTV), from content discovery to advertising and engagement. Anoki AI empowers content partners, CTV platforms, and advertisers to connect with their target audiences with unparalleled precision for maximum impact. Our suite of innovative solutions – Live TVx (AI-enhanced native FAST service), ContextIQ (AI-powered contextual CTV advertising), and AdMagic (GenAI for video ad creation and personalization) – harnesses the power of cutting-edge AI to deliver hyper-personalized viewing experiences that seamlessly integrate high-quality content and contextually relevant and dynamically customized ads that resonate deeply with viewers. Learn more at anoki.ai.

Media Contact:

Purpose Worldwide
Alexis Gold
alexis.gold@purposenorthamerica.com

The MIL Network –

June 6, 2025
MIL-OSI United Kingdom: National Drought Group meets after driest spring in 132 years
Source: United Kingdom – Executive Government & Departments

Press release

National Drought Group meets after driest spring in 132 years

Expert group told England has now experienced driest March, April and May since 1893.
The Environment Agency convened a National Drought Group meeting today (5 June 2025) to discuss the latest outlook and hear from water companies about steps they are taking to prepare for the summer.

England has only seen 57% of the long-term average May rainfall and spring is the driest since the reign of Queen Victoria. However, the recent rain at the end of May and the start of June is helping to stabilise the position.

The expert group will now meet monthly following a drought declaration in the north-west. Four other areas – the north-east, Yorkshire, east and west midlands – are also experiencing prolonged dry weather.

The EA told the group it has stepped up its operational response. This includes more compliance checks on businesses who abstract water, such as manufacturers, and increased monitoring of river and groundwater levels.

The regulator is also working with all members of the National Drought Group, including the National Farmers Union, to help farmers plan their water needs over the summer.

Meanwhile, water companies updated the group on how they are implementing their drought plans, including increased communication with customers, and speeding up the fixing of leaks.

United Utilities in the north-west has increased the rate of finding and fixing leaks by 70% in recent weeks after a strong response from the community in spotting leaks during the dry weather.

Youlgrave Waterworks, a private firm which supplies 500 homes in Derbyshire, became the first company to introduce a hosepipe ban at the start of June. The major water companies report they have no current plans for hosepipe bans but are keeping this under review.

Helen Wakeham, EA Director of Water and National Drought Group chair, said:

It’s been the driest spring since 1893, and we need to be prepared for more summer droughts as our climate changes.

The recent rainfall is having a positive effect, but it hasn’t been enough to stop a drought in the north-west and we must ensure we have enough water to last the entire summer.

We are working with water companies, farmers and other abstractors to help them plan their water usage over the summer and urge people to be mindful about their daily use.

The National Drought Group heard that without further substantial rain, some water companies may need to implement further drought measures this summer to conserve supplies.

Water Minister Emma Hardy said:

We face a water shortage in the next decade. That’s why the government is taking urgent steps to secure supplies into the future, as part of our Plan for Change.

As an immediate step, we have convened the National Drought Group to make sure water companies are acting to conserve this precious resource and act in line with their drought plans.

The Government has secured over £104 billion of private sector investment to fund essential infrastructure, including nine new reservoirs, and to cut leakage by 17% over the next five years.

Dr Will Lang, Chief Meteorologist at the Met Office said:

After the driest Spring for more than a century across England, the start of June has brought some much-needed rainfall with a mix of Atlantic weather systems interspersed with drier and sunnier periods expected to continue over the coming days.

Most areas will experience showers at times with some seeing longer spells of rain. From mid-June onwards, the forecast becomes less clear with signs of drier conditions becoming more dominant across southern England.

Looking further ahead, the chance of a hot summer is higher than normal with an associated increased risk of heatwaves and related impacts. After the more unsettled and wetter start to June, the likelihoods of a wetter or drier than average summer remain evenly balanced.

Periods of dry weather and low rivers can have several consequences for the environment and wildlife. Low oxygen levels in water can lead to fish kills, as well as more algal blooms and lower river flows prevent wildlife from moving up or downstream.

The National Drought Group – which includes the Met Office, government, regulators, water companies, farmers, and conservation experts – heard:

Reservoir levels are now at 77%.

Fish rescues have been carried out on the Rivers Redlake and Tern in Shropshire.

Navigation issues have been noted with the Canals and Rivers Trust having to implement restrictions on the Leeds-Liverpool Canal and Lancaster Canal because of low water levels.

The quality of spring crops is becoming a concern because of the dry soil and poor grass growth for feed.

Applications for Local Resource Options (LRO) screening studies are now open for groups of farmers to explore ways to improve water availability and reliability.

The Environment Agency is encouraging the public to report environmental incidents to their 24/7 hotline on 0800 80 70 60. Meanwhile angling groups are also asking members to report signs of environmental impacts.

Notes to editors:

A decision to declare drought is taken based on reservoir levels, river flows and moisture in the soil along with consideration of the long-term weather forecasts.

More information on how drought is defined can be found here: Drought explained – Creating a better place

Share this page

The following links open in a new tab

Share on Facebook (opens in new tab)

Share on Twitter (opens in new tab)

Updates to this page

Published 5 June 2025
MIL OSI United Kingdom –
June 6, 2025

MIL-OSI: YieldMax® Introduces Option Income Strategy ETF on Berkshire Hathaway Inc. (BRK.B)

Source: GlobeNewswire (MIL-OSI)

CHICAGO and MILWAUKEE and NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) — YieldMax® announced the launch today of the following ETF:

YieldMax® BRK.B Option Income Strategy ETF (NYSE Arca: BRKC)

BRKC seeks to generate current income by pursuing options-based strategies on Berkshire Hathaway Inc. (“BRK.B”). BRKC is managed by Tidal Financial Group. BRKC does not invest directly in BRK.B.

BRKC is the newest member of the YieldMax® ETF family and like all YieldMax® ETFs, aims to deliver current income to investors. With respect to distributions, BRKC will be a Group A ETF, and its first distribution is expected to be announced on July 9^th, 2025.

Please see the table below for distribution information for all outstanding YieldMax® ETFs.

ETF Ticker¹	ETF Name	Distribution Frequency	Distribution Rate^2,4	30-Day SEC Yield³	ROC⁵
CHPY	YieldMax® Semiconductor Portfolio Option Income ETF	*Weekly*	34.19%	0.38%	100.00%
GPTY	YieldMax® AI & Tech Portfolio Option Income ETF	*Weekly*	33.22%	0.00%	100.00%
LFGY	YieldMax® Crypto Industry & Tech Portfolio Option Income ETF	*Weekly*	60.72%	0.00%	100.00%
QDTY	YieldMax® Nasdaq 100 0DTE Covered Call Strategy ETF	*Weekly*	28.07%	0.00%	100.00%
RDTY	YieldMax® R2000 0DTE Covered Call Strategy ETF	*Weekly*	24.42%	0.89%	95.29%
SDTY	YieldMax® S&P 500 0DTE Covered Call Strategy ETF	*Weekly*	25.88%	0.00%	100.00%
ULTY	YieldMax® Ultra Option Income Strategy ETF	*Weekly*	78.61%	0.00%	100.00%
YMAG	YieldMax® Magnificent 7 Fund of Option Income ETFs	*Weekly*	70.31%	66.50%	97.56%
YMAX	YieldMax® Universe Fund of Option Income ETFs	*Weekly*	65.04%	88.53%	92.64%
BIGY	YieldMax® Target 12™ Big 50 Option Income ETF	Monthly	12.02%	0.20%	94.52%
RNTY	YieldMax® Target 12™ Real Estate Option Income ETF	Monthly	12.13%	2.21%	93.65%
SOXY	YieldMax® Target 12™ Semiconductor Option Income ETF	Monthly	11.78%	0.17%	100.00%
ABNY	YieldMax® ABNB Option Income Strategy ETF	Every 4 weeks	42.01%	2.97%	93.60%
AIYY	YieldMax® AI Option Income Strategy ETF	Every 4 weeks	88.81%	2.97%	96.86%
AMDY	YieldMax® AMD Option Income Strategy ETF	Every 4 weeks	72.55%	3.09%	96.48%
AMZY	YieldMax® AMZN Option Income Strategy ETF	Every 4 weeks	48.28%	3.09%	94.01%
APLY	YieldMax® AAPL Option Income Strategy ETF	Every 4 weeks	30.96%	3.42%	89.96%
BABO	YieldMax® BABA Option Income Strategy ETF	Every 4 weeks	81.51%	3.32%	96.22%
CONY	YieldMax® COIN Option Income Strategy ETF	Every 4 weeks	119.22%	3.53%	80.80%
CRSH	YieldMax® Short TSLA Option Income Strategy ETF	Every 4 weeks	84.22%	3.08%	97.39%
CVNY	YieldMax® CVNA Option Income Strategy ETF	Every 4 weeks	129.09%	2.81%	99.33%
DIPS	YieldMax® Short NVDA Option Income Strategy ETF	Every 4 weeks	54.18%	2.78%	0.00%
DISO	YieldMax® DIS Option Income Strategy ETF	Every 4 weeks	50.22%	3.16%	94.89%
FBY	YieldMax® META Option Income Strategy ETF	Every 4 weeks	49.79%	3.21%	93.73%
FEAT	YieldMax® Dorsey Wright Featured 5 Income ETF	Every 4 weeks	51.42%	52.99%	0.00%
FIAT	YieldMax® Short COIN Option Income Strategy ETF	Every 4 weeks	67.85%	2.93%	96.24%
FIVY	YieldMax® Dorsey Wright Hybrid 5 Income ETF	Every 4 weeks	32.36%	35.26%	0.00%
GDXY	YieldMax® Gold Miners Option Income Strategy ETF	Every 4 weeks	30.60%	3.38%	0.00%
GOOY	YieldMax® GOOGL Option Income Strategy ETF	Every 4 weeks	36.93%	3.29%	81.91%
HOOY	YieldMax® HOOD Option Income Strategy ETF	Every 4 weeks	70.41%	–	99.33%
JPMO	YieldMax® JPM Option Income Strategy ETF	Every 4 weeks	31.52%	3.02%	91.70%
MARO	YieldMax® MARA Option Income Strategy ETF	Every 4 weeks	111.50%	3.30%	98.09%
MRNY	YieldMax® MRNA Option Income Strategy ETF	Every 4 weeks	63.98%	3.20%	0.00%
MSFO	YieldMax® MSFT Option Income Strategy ETF	Every 4 weeks	41.10%	3.13%	92.68%
MSTY	YieldMax® MSTR Option Income Strategy ETF	Every 4 weeks	85.27%	1.76%	97.45%
NFLY	YieldMax® NFLX Option Income Strategy ETF	Every 4 weeks	47.73%	2.98%	94.49%
NVDY	YieldMax® NVDA Option Income Strategy ETF	Every 4 weeks	131.88%	2.98%	97.93%
OARK	YieldMax® Innovation Option Income Strategy ETF	Every 4 weeks	50.47%	2.88%	94.42%
PLTY	YieldMax® PLTR Option Income Strategy ETF	Every 4 weeks	140.91%	2.76%	98.54%
PYPY	YieldMax® PYPL Option Income Strategy ETF	Every 4 weeks	55.03%	3.41%	95.28%
SMCY	YieldMax® SMCI Option Income Strategy ETF	Every 4 weeks	99.93%	3.05%	97.21%
SNOY	YieldMax® SNOW Option Income Strategy ETF	Every 4 weeks	96.99%	2.27%	97.27%
TSLY	YieldMax® TSLA Option Income Strategy ETF	Every 4 weeks	110.41%	2.76%	97.90%
TSMY	YieldMax® TSM Option Income Strategy ETF	Every 4 weeks	64.34%	2.87%	95.70%
WNTR	YieldMax® Short MSTR Option Income Strategy ETF	Every 4 weeks	104.26%	2.89%	97.57%
XOMO	YieldMax® XOM Option Income Strategy ETF	Every 4 weeks	42.05%	3.62%	85.39%
XYZY	YieldMax® XYZ Option Income Strategy ETF	Every 4 weeks	109.59%	2.93%	98.01%
YBIT	YieldMax® Bitcoin Option Income Strategy ETF	Every 4 weeks	106.79%	1.54%	99.08%
YQQQ	YieldMax® Short N100 Option Income Strategy ETF	Every 4 weeks	23.18%	3.35%	86.54%

Standardized Performance & Fund details can be obtained by clicking the ETF Ticker in the table above or by visiting us at www.yieldmaxetfs.com

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.

Note: DIPS, FIAT, CRSH, YQQQ and WNTR are hereinafter referred to as the “Short ETFs.”

Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

¹All YieldMax® ETFs shown in the table above (except YMAX, YMAG, FEAT, FIVY and ULTY) have a gross expense ratio of 0.99%. YMAX and FEAT have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. YMAG has a management fee of 0.29% and Acquired Fund Fees and Expenses of 0.83% for a gross expense ratio of 1.12%. FIVY has a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.59% for a gross expense ratio of 0.88%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax® ETFs. ULTY has a gross expense ratio of 1.40%, and a net expense ratio after the fee waiver of 1.30%. The Advisor has agreed to a fee waiver of 0.10% through at least February 28, 2026.

²The Distribution Rate shown is as of close on June 4th, 2025. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

³ The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended May 31^st, 2025, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.

⁴ Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.

⁵ROC refers to Return of Capital. The ROC percentage indicates how much the distribution reflects an investor’s initial investment. The figures shown for each Fund in the table above are estimates and may later be determined to be taxable net investment income, short-term gains, long-term gains (to the extent permitted by law), or return of capital. Actual amounts and sources for tax reporting will depend upon the Fund’s investment activities during the remainder of the fiscal year and may be subject to changes based on tax regulations. Your broker will send you a Form 1099-DIV for the calendar year to tell you how to report these distributions for federal income tax purposes.

Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

Important Information

This material must be preceded or accompanied by the prospectus. For all prospectuses, click here.

Tidal Financial Group is the adviser for all YieldMax® ETFs.

THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

Risk Disclosures

Investing involves risk. Principal loss is possible.

Referenced Index Risk. The Fund invests in options contracts that are based on the value of the Index (or the Index ETFs). This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index or an ETF that tracks the Index, even though it does not.

Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.

Russell 2000 Index Risks. The Index, which consists of small-cap U.S. companies, is particularly susceptible to economic changes, as these firms often have less financial resilience than larger companies. Market volatility can disproportionately affect these smaller businesses, leading to significant price swings. Additionally, these companies are often more exposed to specific industry risks and have less diverse revenue streams. They can also be more vulnerable to changes in domestic regulatory or policy environments.

Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other Index (or ETFs that track the Index’s performance)holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary Index (or ETFs that track the Index’s performance) securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next. Additionally, monthly distributions, if any, may consist of returns of capital, which would decrease the Fund’s NAV and trading price over time.

High Index (or Index ETF) Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high Index (or Index ETF) turnover rate increases transaction costs, which may increase the Fund’s expenses.

Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA, HOOD, BRK.B), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

Risk Disclosures (applicable only to GPTY)

Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.

Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.

Risk Disclosure (applicable only to MARO)

Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

Risk Disclosures (applicable only to BABO and TSMY)

Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting and investor protection standards than U.S. issuers.

Risk Disclosures (applicable only to GDXY)

Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

Risk Disclosures (applicable only to YBIT)

YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

Risk Disclosures (applicable only to the Short ETFs)

Investing involves risk. Principal loss is possible.

Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.

Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA, MSTR), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

Risk Disclosures (applicable only to CHPY)

Semiconductor Industry Risk. Semiconductor companies may face intense competition, both domestically and internationally, and such competition may have an adverse effect on their profit margins. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies’ supply chain and operations are dependent on the availability of materials that meet exacting standards and the use of third parties to provide components and services.

The products of semiconductor companies may face obsolescence due to rapid technological developments and frequent new product introduction, unpredictable changes in growth rates and competition for the services of qualified personnel. Capital equipment expenditures could be substantial, and equipment generally suffers from rapid obsolescence. Companies in the semiconductor industry are heavily dependent on patent and intellectual property rights. The loss or impairment of these rights would adversely affect the profitability of these companies.

Risk Disclosures (applicable only to YQQQ)

Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

YieldMax® ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, or YieldMax® ETFs.

The MIL Network –

June 5, 2025

MIL-OSI Australia: Applications open for 2025-26 ACT Environmental grants
Source: Northern Territory Police and Fire Services

As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.
Released 05/06/2025

Community groups, volunteers and citizen scientists are invited to apply for funding to support projects that protect and restore the ACT’s natural environment, with applications now open for the 2025–26 ACT Environmental Grants Program.

A total of $360,000 is available across two grant streams:
- Environment Grants – Up to $35,000 per project is available for community-led initiatives that improve biodiversity, restore landscapes, connect people to nature and support Caring for Country.
- Environmental Volunteer Group Assistance Grants – Up to $5,000 per project is available to help volunteer groups build their capacity and continue their valuable environmental work.
Now in its 29th year, the Environmental Grants Program has supported hundreds of local initiatives, from ecological restoration and habitat creation to youth engagement and citizen science projects.

Launching the grants on World Environment Day, Minister for Climate Action, Environment, Energy and Water Suzanne Orr said there is no better time to highlight the vital role local groups play in protecting the environment.

“There’s no better time than World Environment Day to highlight the incredible contribution Canberrans make in protecting our natural spaces,” Minister Orr said.

“The ACT Government deeply values the tireless work of community groups, environmental volunteers and citizen scientists who are restoring bushland, enhancing biodiversity and helping to make Canberra a more liveable, sustainable city.”

Minister Orr said the grants not only support conservation outcomes, but also deliver social and educational benefits.

“These grants are about empowering local communities to lead the way, whether through habitat restoration, education, or on-ground conservation. They also support wellbeing by connecting people to nature in meaningful ways,” she said.

“If you’re part of a local group with a great idea to care for our environment, I encourage you to apply.”

Friends of Magpie Hill co-convenors Morgyn Phillips and Astrida Upitis said the support their group received through the program had already delivered long-term benefits.

“Thanks to an Environmental Volunteer Group Assistance Grant, our volunteer group, Friends of Magpie Hill has been able to access expert training in plant and bird identification,” they said.

“This training has helped us gain a better understanding about native grasses and plants in our park and where to focus our regeneration efforts.”

The grants have also had a lasting impact on education-focused projects across the ACT, including at Merici College, where students recently restored a degraded grassy woodland corridor on school grounds.

Felicity Maher, Sustainability Coordinator at Merici College, said the program was a valuable opportunity for students to engage with environmental issues.

“Thanks to funding from the ACT Environmental Grants Program, our students planted 600 native plants in a degraded grassy woodland corridor on our school grounds,” Ms Maher said.

“The project not only enhanced local biodiversity but also created an outdoor learning space for students and a green corridor the wider community can enjoy.”

“It’s a fantastic opportunity for schools and community groups to make a lasting environmental impact.”

Applications for the 2025-26 ACT Environmental Grants close Wednesday 17 July 2025.

For more information and to apply, visit: www.act.gov.au/money-and-tax/grants-funding-and-incentives.

– Statement ends –

Suzanne Orr, MLA | Media Releases

«ACT Government Media Releases | «Minister Media Releases
MIL OSI News –
June 5, 2025
MIL-OSI Russia: Man Dies After Being Hit by Light Rail in Australia

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

Source: People’s Republic of China – State Council News

SYDNEY, June 5 (Xinhua) — A pedestrian was killed after being hit by a light rail vehicle on Thursday in a suburb of Sydney, Australia.

NSW Police said on Thursday afternoon that emergency services were dispatched to Surry Hills, a suburb of Sydney, at around 1.15pm local time on Thursday following a report.

When police arrived, they found a man, believed to be in his 40s, trapped under the carriage. Paramedics provided him with medical assistance, but he died at the scene. Police are investigating the cause of the incident.

The state transportation agency said light rail service had been suspended. –0–

MIL OSI Russia News –

June 5, 2025
MIL-Evening Report: Grattan on Friday: Albanese will need some nuance in facing a female opposition leader

Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

Anthony Albanese loves a trophy, especially a human one. He prides himself on his various “captain’s pick” candidates – good campaigners he has steered into seats.

Way back in the Gillard days, he was key in persuading discontented Liberal Peter Slipper to defect. Slipper became an independent and Labor’s speaker.

The exercise helped the government’s numbers, but the bold play didn’t end well for Labor or for Slipper. The government was tarnished, and Slipper, relentlessly pursued by the Coalition and mired in controversy, eventually had to quit the speakership. The affair did produce Julia Gillard’s famous misogyny speech, however.

Now Albanese has another gee-whiz prize – Western Australian Senator Dorinda Cox, who has defected from the Greens. Cox, after being defeated in a bid for Greens deputy leader, approached Labor and the PM drove her course to being accepted into the party.

The manoeuvre makes a marginal but insignificant difference to Senate numbers – Labor will still need the Greens to pass legislation opposed by the Coalition.

Taking in Cox is a risk, and some in Labor are looking at it askance.

The prime minister’s embrace of Cox contradicts Labor’s argument when its Western Australian senator Fatima Payman defected to become an independent. It said then hers was a Labor seat and she should therefore resign. But this wouldn’t be the first time expediency trumped consistency in politics.

Cox, who is Indigenous and was spokeswoman for First Nations and resources in the last parliament, has been a fierce critic of the extending the North West Shelf gas project, which the government has just announced. Albanese says he is confident she “understands that being a member of the Labor Party means that she will support positions that are made by the Labor Party”.

She has also faced allegations of treating staff badly. Labor discounts the claims against her, saying they are overblown and a product of Greens factionalism and toxicity. Certainly, she was given a tough time by the hard-left faction represented by deputy leader Mehreen Faruqi. Labor would be wise to ensure Cox feels supported in her new party home.

Albanese perhaps calculates that the worst that can happen is there’s a blow up and she defects to the crossbench. Labor could shrug and say, she was never really one of us.

Snatching a senator from the Greens is particularly satisfying to Albanese because he hates the party so much. Last term, lower house Greens MP Max Chandler-Mather (defeated at the election) really got under his skin. More generally, the Greens held up important legislation, most notably on housing.

In the new Senate, Labor will need only the Greens to pass legislation opposed by the Coalition. How new Greens leader Larissa Waters – who replaced Adam Bandt after he lost his seat – handles the party’s relationship with the government will be crucial for the more contentious parts of Labor’s legislative program.

The usually low-key Waters will be under a lot of pressure. The Greens had a bad election, losing three lower house seats. Now they have lost a senator at the start of Waters’ watch.

Waters conceded on the Serious Danger podcast in late May that Labor had successfully run the narrative of the Greens as blockers. “So I do think we’re going to need to be quite deft in how we handle balance of power in this term, […] People want us to be constructive. They don’t just want us to roll over and tick off on any old shit. They want meaningful reforms.”

Waters will want to pick her fights carefully, and also find ways of pursuing the Greens’ agenda where the party co-operates. The first deal is likely to be on the government’s legislation to increase the tax on those with large superannuation balances, which contains the controversial provision to tax unrealised capital gains.

Opposition Leader Sussan Ley and her team will confront some of the same problems as the Greens – when to oppose and when to seek to negotiate with the government.

For his part, Albanese will have a novel challenge with Ley – what stance to adopt against the first female opposition leader, especially but not only in parliamentary clashes.

After facing two alpha male opposition leaders, Scott Morrison and Peter Dutton, a new approach will obviously be necessary. As one Labor man succinctly puts it, “Labor can’t monster a woman”. There can be no repeat of Albanese, a frontbencher a decade ago in the Shorten opposition, interjecting to urge a female colleague engaged in a stoush with Ley to “smash her”.

For Ley, trying to deal with the Liberals’ multiple difficulties in attracting women voters and candidates must be high on her agenda. Former Liberal federal president Alan Stockdale, one of the three-person group currently running the NSW division of the party, showed himself part of the problem when this week he told the NSW Liberal Women’s Council, “The women in this party are so assertive now that we may need some special rules for men to get them pre-selected”.

Stockdale said later he was being “light-hearted”. Tone deaf might be a better term. Ley jumped on him. “There is nothing wrong with being an assertive woman. In fact I encourage assertive women to join the Liberal Party.”

The jury is out on whether Ley will be able to make any sort of fist of her near-impossible job. But in the short time she’s been leader, she has shown she is willing to be assertive.

She emerged from the brief split in the Coalition looking much steadier than Nationals leader David Littleproud, even though she had to persuade her party room to accept the minor party’s policy demands.

In her frontbench reshuffle, she was willing to wear the inevitable criticism that came with dropping a couple of senior women who had under-performed.

As deputy leader, Ley adjusted her style a while before the election, toning down the aggression and sometimes wild attacks, that had characterised her performance earlier in the term. A Liberal source said she found her “line and length”. As leader, she will have others, notably deputy Ted O’Brien, to do the head-kicking, giving her room to attempt to develop a positive political persona.

Labor leaned into attacking Dutton – never afraid to name him. With Ley, Albanese might adopt the Bob Carr approach of avoiding using his opponent’s name. At least until he finds his line and length in dealing with her.

Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Grattan on Friday: Albanese will need some nuance in facing a female opposition leader – https://theconversation.com/grattan-on-friday-albanese-will-need-some-nuance-in-facing-a-female-opposition-leader-257338

MIL OSI Analysis – EveningReport.nz –

June 5, 2025
MIL-Evening Report: Tasmania could go to an election just 16 months after its last one. What’s going on?
Source: The Conversation (Au and NZ) – By Robert Hortle, Deputy Director, Tasmanian Policy Exchange, University of Tasmania

Tasmania’s Liberal government and its premier, Jeremy Rockliff, have come under huge pressure since the state budget was handed down last week.

It’s culminated in the Tasmanian House of Assembly voting to pass a motion of no confidence in the premier – but only after the speaker, Labor’s Michelle O’Byrne, cast a tie-breaking vote in favour.

Rockliff has since confirmed he’ll recall parliament to sit early next week and debate some emergency bills, then ask the governor for permission to call an early election.

It’s been a wild few days in Tasmanian politics, with huge amounts of conjecture and confusion. Here’s how it all unfolded.

What is a no confidence motion?

First, we need a short lesson in our system of government, called the Westminster system. The Tasmanian situation right now all started with a motion of no confidence in the premier, Rockliff.

This type of parliamentary motion is used to declare the parliament no longer has confidence in the target of the motion.

No confidence motions can be directed at a specific minister or a government as a whole.

If a no confidence motion in a minister is passed, they usually resign from their ministry and sometimes from parliament as well.

If a no confidence motion in a government is passed, the leader of the government usually recommends one of two options to the governor. They can ask the governor to dissolve parliament and call an election, or they can advise the governor to ask someone else (usually the leader of the opposition) to have a go at forming government.

What is happening in Tasmania?

Strap in, it’s complex.

On May 29, the Liberal government presented the state budget. The outlook is grim, with the state forecast to be over $10 billion in debt by 2029.

To address this, the government proposed big cuts to the public service in the coming years.

On June 2, the leader of the opposition, Labor’s Dean Winter, tabled a motion of no confidence in the premier at the end of his budget reply speech.

“Tabling” a motion means putting it on the agenda for discussion at some point in future. To be debated, it has to be “moved”.

Winter stated he wouldn’t move the motion until he had enough support to guarantee it would pass. The motion focused on three things:
- alleged poor financial management
- the ongoing Spirit of Tasmania ferry fiasco
- and the government’s plan to potentially privatise some state-owned businesses.
Support was fast in coming. By Monday evening, three of the six cross-benchers had said they would vote for the motion, meaning Labor only needed the five Greens MPs to jump onboard.

At a party meeting early on Wednesday morning, the Greens decided they would do just that.

So, instead of debating the budget, Wednesday and Thursday were spent debating the no confidence motion.

There was a lot of confusion in Tasmanian political circles at this point. There is very little formal procedure that describes how no confidence motions work in Tasmania’s parliament.

Instead, what happens is defined by convention, which means there are lots of grey areas. There have only been a few successful no confidence motions in Tasmania’s history (the most recent ones were in 1989 and 1982).

So how did it play out?

This time around, there were a few complications.

The motion referred to the premier, not the government. There was speculation, therefore, that if the motion passed, the Liberal Party could replace Rockliff as leader, and Labor would then pass the budget.

However, during parliamentary debate, several Liberal MPs argued they saw the motion as indicating lack of confidence in the whole government – not just the premier. Under this view, Rockliff would have to go to the governor, Barbara Baker, and ask her to call an election, or advise her to ask Winter to try to rally the numbers to govern.

Although the convention is that the governor follows the premier’s advice, there is precedent for them making their own decision.

Just to spice things up further, Baker is currently on leave. The decision would need to be made by the lieutenant-governor, Chief Justice Chris Shanahan, who is new to his role – and the state.

An election quickly shaped up as the most likely outcome. On Thursday morning, Rockliff announced that if the motion passed, he would ask the governor to dissolve parliament and call an election.

Shortly after that, Winter ruled out governing in coalition – or doing a deal – with the Greens. This made it very unlikely any alternative government would have the numbers to pass legislation through the lower house, leaving the lieutenant-governor with few options.

Late on Thursday, parliament voted on the motion. With the numbers tied at 17-17, the speaker cast her vote with the “ayes” alongside the other nine Labor MPs, all five Greens MPs, independents Craig Garland and Kristie Johnston, and the Jacqui Lambie Network’s last remaining MP, Andrew Jenner.

Following an emotionally charged speech, Rockliff met with the lieutenant-governor. Speaking to the media afterwards, he said he’ll recall parliament on Tuesday with the aim of passing an emergency supply bill to ensure public servants continue to be paid despite the delay in the budget process.

Rockliff said he would then ask Baker – who returns from leave next week – for permission to call an election. It will be interesting to see if she takes his advice or not.

What happens now?

All this means Tasmania could head back to the polls in mid-July, just 16 months after the last state election.

The Liberals will seek to pin the blame for the snap election on Labor and the crossbench, and hope that a grumpy electorate punishes them for this.

They will also try to convince Tasmanians they are the only party that can get the controversial stadium in Hobart is built, thereby delivering the state its long-desired AFL team.

Labor will campaign on the three things it cited in the no confidence motion, while arguing it will also guarantee that Tasmania gets an AFL team.

They’ll also be hoping to ride the wave of the recent strong result for federal Labor at the national election. However, on past evidence, they can’t bank on this.

Labor’s challenge will be differentiating themselves from the current government, because their positions are pretty closely aligned on key issues, including the stadium, salmon farming, and the proposed development assistance panels.

The Greens will set out their stall as the only party firmly against the current stadium proposal and in favour of removing salmon farming in Tasmanian waters.

For the independents, an early election is bad news. Campaigns are expensive, and without extensive party resources to draw on, some independents may be forced to decide whether they can afford to run again so soon.

All of this does not point to a more stable parliament. The vote share of the two major parties has been steadily decreasing in Tasmania. A new election is not likely to reverse this trend.

In the meantime, Tasmanians are left to wonder when their political leaders will get serious about tackling the state’s complex health, housing, education, sustainability, and productivity challenges.

Robert Hortle does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Tasmania could go to an election just 16 months after its last one. What’s going on? – https://theconversation.com/tasmania-could-go-to-an-election-just-16-months-after-its-last-one-whats-going-on-258180
MIL OSI Analysis – EveningReport.nz –
June 5, 2025
MIL-Evening Report: Punishment for Te Pāti Māori over Treaty haka stands – but MPs ‘will not be silenced’

RNZ News

Aotearoa New Zealand’s Parliament has confirmed the unprecedented punishments proposed for opposition indigenous Te Pāti Māori MPs who performed a haka in protest against the Treaty Principles Bill.

Te Pāti Māori co-leaders Debbie Ngarewa-Packer and Rawiri Waititi will be suspended for 21 days, and MP Hana-Rawhiti Maipi-Clarke suspended for seven days, taking effect immediately.

Opposition parties tried to reject the recommendation, but did not have the numbers to vote it down.

Te Pati Maori MPs speak after being suspended. Video: RNZ/Mark Papalii

The heated debate to consider the proposed punishment came to an end just before Parliament was due to rise.

Waititi moved to close the debate and no party disagreed, ending the possibility of it carrying on in the next sitting week.

Leader of the House Chris Bishop — the only National MP who spoke — kicked off the debate earlier in the afternoon saying it was “regrettable” some MPs did not vote on the Budget two weeks ago.

Bishop had called a vote ahead of Budget Day to suspend the privileges report debate to ensure the Te Pāti Māori MPs could take part in the Budget, but not all of them turned up.

Robust, rowdy debate
The debate was robust and rowdy with both the deputy speaker Barbara Kuriger and temporary speaker Tangi Utikare repeatedly having to ask MPs to quieten down.

Flashback: Te Pāti Māori MP Hana-Rawhiti Maipa-Clarke led a haka in Parliament and tore up a copy of the Treaty Principles Bill at the first reading on 14 November 2024 . . . . a haka is traditionally used as an indigenous show of challenge, support or sorrow. Image: RNZ/Samuel Rillstone/APR screenshot

Tākuta Ferris spoke first for Te Pāti Māori, saying the haka was a “signal of humanity” and a “raw human connection”.

He said Māori had faced acts of violence for too long and would not be silenced by “ignorance or bigotry”.

“Is this really us in 2025, Aotearoa New Zealand?” he asked the House.

“Everyone can see the racism.”

He said the Privileges Committee’s recommendations were not without precedent, noting the fact Labour MP Peeni Henare, who also participated in the haka, did not face suspension.

MP Tākuta Ferris spoke for Te Pāti Māori. Image: RNZ/Samuel Rillstone

Henare attended the committee and apologised, which contributed to his lesser sanction.

‘Finger gun’ gesture
MP Parmjeet Parmar — a member of the Committee — was first to speak on behalf of ACT, and referenced the hand gesture — or “finger gun” — that Te Pāti Māori co-leader Debbie Ngarewa-Packer made in the direction of ACT MPs during the haka.

Parmar told the House debate could be used to disagree on ideas and issues, and there was not a place for intimidating physical gestures.

Greens co-leader Marama Davidson said New Zealand’s Parliament could lead the world in terms of involving the indigenous people.

She said the Green Party strongly rejected the committee’s recommendations and proposed their amendment of removing suspensions, and asked the Te Pāti Māori MPs be censured instead.

Davidson said the House had evolved in the past — such as the inclusion of sign language and breast-feeding in the House.

She said the Greens were challenging the rules, and did not need an apology from Te Pāti Māori.

Foreign Minister and NZ First party leader Winston Peters called Te Pāti Māori “a bunch of extremists”. Image: RNZ/Samuel Rillstone

NZ First leader Winston Peters said Te Pāti Māori and the Green Party speeches so far showed “no sincerity, saying countless haka had taken place in Parliament but only after first consulting the Speaker.

“They told the media they were going to do it, but they didn’t tell the Speaker did they?

‘Bunch of extremists’
“The Māori party are a bunch of extremists,” Peters said, “New Zealand has had enough of them”.

Peters was made to apologise after taking aim at Waititi, calling him “the one in the cowboy hat” with “scribbles on his face” [in reference to his traditional indigenous moko — tatoo]. He continued afterward, describing Waititi as possessing “anti-Western values”.

Labour’s Willie Jackson congratulated Te Pāti Māori for the “greatest exhibition of our culture in the House in my lifetime”.

Jackson said the Treaty bill was a great threat, and was met by a great haka performance. He was glad the ACT Party was intimidated, saying that was the whole point of doing the haka.

He also called for a bit of compromise from Te Pāti Māori — encouraging them to say sorry — but reiterated Labour’s view the sanctions were out of proportion with past indiscretions in the House.

Green Party co-leader Chlöe Swarbrick said the prime minister was personally responsible if the proposed sanctions went ahead. Image: RNZ/Samuel Rillstone

Greens co-leader Chlöe Swarbrick said the debate “would be a joke if it wasn’t so serious”.

“Get an absolute grip,” she said to the House, arguing the prime minister “is personally responsible” if the House proceeds with the committee’s proposed sanctions.

Eye of the beholder
She accused National’s James Meager of “pointing a finger gun” at her — the same gesture coalition MPs had criticised Ngarewa-Packer for during her haka. The Speaker accepted he had not intended to; Swarbrick said it was an example where the interpretation could be in the eye of the beholder.

She said if the government could “pick a punishment out of thin air” that was “not a democracy”, putting New Zealand in very dangerous territory.

An emotional Maipi-Clarke said she had been silent on the issue for a long time, the party’s voices in haka having sent shockwaves around the world. She questioned whether that was why the MPs were being punished.

“Since when did being proud of your culture make you racist?”

“We will never be silenced, and we will never be lost,” she said, calling the Treaty Principles bill a “dishonourable vote”.

She had apologised to the Speaker and accepted the consequence laid down on the day, but refused to apologise. She listed other incidents in Parliament that resulted in no punishment.

NZ Parliament TV: Te Pāti Māori Privileges committee debate. Video: RNZ

Maipi-Clarke called for the Treaty of Waitangi to be recognised in the Constitution Act, and for MPs to be required to honour it by law.

‘Clear pathway forward’
“The pathway forward has never been so clear,” she said.

ACT’s Nicole McKee said there were excuses being made for “bad behaviour”, that the House was for making laws and having discussions, and “this is not about the haka, this is about process”.

She told the House she had heard no good ideas from the Te Pāti Māori, who she said resorted to intimidation when they did not get their way, but the MPs needed to “grow up” and learn to debate issues. She hoped 21 days would give them plenty of time to think about their behaviour.

Labour MP and former Speaker Adrian Rurawhe started by saying there were “no winners in this debate”, and it was clear to him it was the government, not the Parliament, handing out the punishments.

He said the proposed sanctions set a precedent for future penalties, and governments might use it as a way to punish opposition, imploring National to think twice.

He also said an apology from Te Pāti Māori would “go a long way”, saying they had a “huge opportunity” to have a legacy in the House, but it was their choice — and while many would agree with the party there were rules and “you can’t have it both ways”.

Te Pāti Māori co-leader Rawiri Waititi speaking to the media after the Privileges Committee debate. Image: RNZ/Mark Papalii

Te Pāti Māori co-leader Rawiri Waititi said there had been many instances of misinterpretations of the haka in the House and said it was unclear why they were being punished, “is it about the haka . . . is about the gun gestures?”

“Not one committee member has explained to us where 21 days came from,” he said.

Hat and ‘scribbles’ response
Waititi took aim at Peters over his comments targeting his hat and “scribbles” on his face.

He said the haka was an elevation of indigenous voice and the proposed punishment was a “warning shot from the colonial state that cannot stomach” defiance.

Waititi said that throughout history when Māori did not play ball, the “coloniser government” reached for extreme sanctions, ending with a plea to voters: “Make this a one-term government, enrol, vote”.

He brought out a noose to represent Māori wrongfully put to death in the past, saying “interpretation is a feeling, it is not a fact . . . you’ve traded a noose for legislation”.

This article is republished under a community partnership agreement with RNZ.

MIL OSI Analysis – EveningReport.nz –

June 5, 2025
MIL-Evening Report: Virgin Australia is coming back to the share market. Here’s what this new chapter could mean

Source: The Conversation (Au and NZ) – By Rico Merkert, Professor in Transport and Supply Chain Management and Deputy Director, Institute of Transport and Logistics Studies (ITLS), University of Sydney Business School, University of Sydney

Petr Podrouzek/Shutterstock

It is finally happening. After five years of being a private company, Virgin Australia will relist on the Australian Securities Exchange (ASX) on June 24. The company is expected to raise A$685 million through the initial public offering (IPO).

So, who will benefit from Virgin Australia’s return to the share market? Having paid $3.5 billion for the bankrupt carrier back in 2020, private equity firm Bain Capital will be the most immediate winner.

Earlier this year, Bain had sold 25% of the company to Qatar Airways. Now, with the IPO, Bain will reduce its stake from about 70% down to 40%.

With Virgin’s anticipated market capitalisation close to $2.3 billion and enterprise value of reportedly up to $3.6 billion, it is now evident that Bain Capital has – with Jayne Hrdlicka at the helm of the airline – not only managed to turn the company around, but to also profit nicely from doing so.

Without Bain’s rescue at the beginning of the pandemic (which was catastrophic for airlines globally), the situation may have become quite detrimental for travellers. It also avoided having the Australian taxpayer foot the bill for a bailout.

Whether the airline’s customers end up better off will depend on what Virgin Australia ends up doing with the $685 million it raises, on top of the substantial profits it has recently been able to generate.

Stronger competition for Qantas?

Looking at the strategies of both Virgin Australia and its biggest competitor, Qantas, in recent years, it seems both have learned to love playing the duopoly game.

Based on our own calculations, Virgin controls roughly 33% of Australia’s domestic seat capacity and the Qantas group (which includes Jetstar) much of the rest on the country’s core flight network.

In the 2010s, the two airlines were out-competing themselves in adding capacity to the market, which drove down yields (or revenue per passenger) and nearly killed Virgin Australia 1.0.

Now, Qantas and Virgin have new chief executives who understand both airlines can be very profitable if they show some (capacity) discipline in how many seats they create and sell.

Better services

For that reason, it’s likely not much will change in terms of competition, at least in the domestic market. But this is only true as far as capacity is concerned.

It seems reasonable to assume Virgin’s raised capital will only support future growth if it is profitable. The majority of the funds will likely go towards fleet renewal and improvement of the airline’s product.

For consumers, this wouldn’t necessarily mean lower airfares in the domestic market. But it would mean newer aircraft and enhanced services, which is a positive for both flyers and the environment.

International departures

Virgin Australia will become a more formidable competitor to Qantas, thanks to its newly formed relationship with international partner Qatar Airways and the additional cash from relisting.

It will be interesting to observe what Qatar will do next and whether a new player – perhaps Singapore Airlines – will enter the scene and take a stake in the airline once Virgin Australia is trading publicly again.

It would not be the first time an international airline has taken a stake in Virgin Australia, and could create some interesting dynamics.

Another beneficiary is Virgin Australia’s management team, who’ve been somewhat shackled by the priority of getting the IPO off the ground. The IPO will free up management to deploy resources towards more longer-term priorities.

Many will see a significant payday – it’s estimated staff are sitting on shares that could soon collectively be worth $180 million.

Why now?

Bain Capital has timed this IPO carefully. Virgin Australia has (in tandem with Qantas) produced a stellar financial performance in the last financial year. It may deliver an even better one in the current reporting period.

To maximise returns, it is likely Bain did not want to waste the opportunity to capitalise on the moment. Global markets are still full of volatility and geopolitical uncertainty. What may diminish is the financial performance of the core business Bain Capital is trying to sell.

At $2.90 a share, Virgin Australia will have a price-to-earnings ratio (used to assess how relatively expensive a share price is) of seven times its expected earnings this financial year. This is lower than Qantas’ ratio of ten times expected earnings this financial year.

Profits are likely to remain high this year, with continuing strong demand, high yields and low jet fuel prices. The brokers and underwriting investment banks will use this to sell the story.

IPOs can sometimes deliver those already holding shares in a company significant day-one windfall profits. In this case, however, Bain’s expertise in the venture capital market means it is unlikely to leave any money on the table.

One may also argue while Virgin appears to be priced at a discount compared to Qantas, there may be legitimate reasons for the price differential, such as Qantas’ very profitable loyalty business.

Given uncertainties around demand and geopolitical tensions, there is no guarantee the share price of Qantas will remain at record highs for too long, which means the opportunity to present Virgin shares as a bargain may be short-lived.

In the long term, it is widely agreed airlines are by definition volatile investments and not necessarily something the average investor should have in their portfolio.

Moving forward

Symbolically, the decision for Virgin to use a new stock ticker – VGN instead of the old VAH – may avoid bringing back bad memories.

Five years can be a lifetime in aviation, but maybe not to bond holders who got just 10 cents in the dollar and shareholders (including the large airline partners who held equity stakes) who got nothing when the airline collapsed in 2020.

From a strategy perspective, it will be important for management to avoid history repeating itself with international airlines buying into Virgin and securing board seats.

This can be one way of influencing the strategy of the carrier’s domestic arm to funnel more passengers to their own international flights.

It is positive, for both Virgin Australia and the Australian aviation industry, that Bain Capital appears set to pull this off and that the revitalised airline is now truly Virgin Australia 2.0.

Rico Merkert and his team of PhD students receive funding from the Australian Research Council through a discovery project and various research industry project, including with Thales and Air New Zealand. He has previously worked on research with and for international airlines, including Qantas and Virgin Australia.

– ref. Virgin Australia is coming back to the share market. Here’s what this new chapter could mean – https://theconversation.com/virgin-australia-is-coming-back-to-the-share-market-heres-what-this-new-chapter-could-mean-258179

MIL OSI Analysis – EveningReport.nz –

June 5, 2025

MIL-OSI Banking: IT threat evolution in Q1 2025. Non-mobile statistics

Source: Securelist – Kaspersky

Headline: IT threat evolution in Q1 2025. Non-mobile statistics

IT threat evolution in Q1 2025. Non-mobile statistics
IT threat evolution in Q1 2025. Mobile statistics

The statistics in this report are based on detection verdicts returned by Kaspersky products unless otherwise stated. The information was provided by Kaspersky users who consented to sharing statistical data.

The quarter in numbers

In Q1 2025:

Kaspersky products blocked more than 629 million attacks that originated with various online resources.
Web Anti-Virus detected 88 million unique links.
File Anti-Virus blocked more than 21 million malicious and potentially unwanted objects.
Nearly 12,000 new ransomware variants were detected.
More than 85,000 users experienced ransomware attacks.
RansomHub was involved in attacks on 11% of all ransomware victims whose data was published on data leak sites (DLSs). Slightly under 11% encountered the Akira and Clop ransomware.
Almost 315,000 users faced miners.

Ransomware

The quarter’s trends and highlights

Law enforcement success

Phobos Aetor, a joint international effort by law enforcement agencies from the United States, Great Britain, Germany, France and several other countries, resulted in the arrest of four suspected members of 8Base. They are accused of carrying out more than 1000 cyberattacks around the world with the help of the Phobos ransomware. The suspects were arrested in Thailand and charged with extorting more than $16 million dollars in Bitcoin. According to law enforcement officials, the multinational operation resulted in the seizure of more than 40 assets, including computers, phones, and cryptocurrency wallets. Additionally, law enforcement took down 27 servers linked to the cybercrime gang.

An ongoing effort to combat LockBit led to the extradition of a suspected ransomware developer to the United States. Arrested in Israel last August, the suspect is accused of receiving more than $230,000 in cryptocurrency for his work with the group between June 2022 and February 2024.

Vulnerabilities and attacks, BYOVD, and EDR bypassing

The first quarter saw a series of vulnerabilities detected in Paragon Partition Manager. They were assigned the identifiers CVE-2025-0288, CVE-2025-0287, CVE-2025-0286, CVE-2025-0285, and CVE-2025-0289. According to researchers, ransomware gangs had been exploiting the vulnerabilities to gain Windows SYSTEM privileges during BYOVD (bring your own vulnerable driver) attacks.

Akira exploited a vulnerability in a webcam to try and bypass endpoint detection and response (EDR) and encrypt files on the organization’s network over the SMB protocol. The attackers found that their Windows ransomware was being detected and blocked by the security solution. To bypass it, they found a vulnerable network webcam in the targeted organization that was running a Linux-based operating system and was not protected by EDR. The attackers were able to evade detection by compromising the webcam, mounting network drives of other machines, and running the Linux version of their ransomware on the camera.

HellCat leveraged compromised Jira credentials to attack a series of companies, including Ascom, Jaguar Land Rover, and Affinitiv. According to researchers, the threat actors obtain credentials by infecting employees’ computers with Trojan stealers like Lumma.

Other developments

An unidentified source posted Matrix chat logs belonging to the Black Basta gang. The logs feature information about the gang’s attack techniques and vulnerabilities that it exploited. In addition, the logs contain details about the group’s internal structure and its members, as well as more than 367 unique ZoomInfo links that the attackers used to gather data on potential victims.

BlackLock was compromised due to a vulnerability in the threat actor’s data leak site (DLS). Researchers who discovered the vulnerability gained access to confidential information about the group and its activities, including configuration files, login credentials, and the history of commands run on the server. DragonForce, a rival ransomware outfit, exploited the same security flaw to deface the DLS. They changed the site’s appearance, and made BlackLock’s internal chat logs and certain configuration files publicly available.

The most prolific groups

This section highlights the most prolific ransomware groups by number of victims that each added to their DLS during the reporting period. RansomHub, which stood out in 2024, remained the leader by number of new victims with 11.03%. Akira (10.89%) and Clop (10.69%) followed close behind.

The number of the group’s victims according to its DLS as a percentage of all groups’ victims published on all the DLSs reviewed during the reporting period (download)

Number of new modifications

In the first quarter, Kaspersky solutions detected three new ransomware families and 11,733 new variants – almost four times more than in the fourth quarter of 2024. This is due to the large number of samples that our solutions categorized as belonging to the Trojan-Ransom.Win32.Gen family.

New ransomware variants, Q1 2024 – Q1 2025 (download)

Number of users attacked by ransomware Trojans

The number of unique KSN users protected is 85,474.

Number of unique users attacked by ransomware Trojans, Q1 2025 (download)

Attack geography

Top 10 countries and territories attacked by ransomware Trojans

	Country/territory*	%**
1	Oman	0.661
2	Libya	0.643
3	South Korea	0.631
4	China	0.626
5	Bangladesh	0.472
6	Iraq	0.452
7	Rwanda	0.443
8	Pakistan	0.441
9	Tajikistan	0.439
10	Sri Lanka	0.419

* Excluded are countries and territories with relatively few (under 50,000) Kaspersky product users.
** Unique users whose computers were attacked by ransomware Trojans as a percentage of all unique Kaspersky product users in the country/territory

TOP 10 most common ransomware Trojan families

	Name	Verdict*	%**
1	(generic verdict)	Trojan-Ransom.Win32.Gen	25.10
2	WannaCry	Trojan-Ransom.Win32.Wanna	8.19
3	(generic verdict)	Trojan-Ransom.Win32.Encoder	6.70
4	(generic verdict)	Trojan-Ransom.Win32.Crypren	6.65
5	(generic verdict)	Trojan-Ransom.Win32.Agent	3.95
6	Cryakl/CryLock	Trojan-Ransom.Win32.Cryakl	3.16
7	LockBit	Trojan-Ransom.Win32.Lockbit	3.15
8	(generic verdict)	Trojan-Ransom.Win32.Phny	2.90
9	PolyRansom/VirLock	Virus.Win32.PolyRansom / Trojan-Ransom.Win32.PolyRansom	2.73
10	(generic verdict)	Trojan-Ransom.Win32.Crypmod	2.66

* Unique Kaspersky product users attacked by the specific ransomware Trojan family as a percentage of all unique users attacked by this type of threat.

Miners

Number of new modifications

In the first quarter of 2025, Kaspersky solutions detected 5,467 new miner variants.

New miner variants, Q1 2025 (download)

Number of users attacked by miners

Miners were fairly active in the first quarter. During the reporting period, we detected miner attacks on the computers of 315,701 unique Kaspersky product users worldwide.

Number of unique users attacked by miners, Q1 2025 (download)

Attack geography

Top 10 countries and territories attacked by miners

	Country/territory*	%**
1	Senegal	2.59
2	Kazakhstan	1.36
3	Panama	1.28
4	Belarus	1.22
5	Ethiopia	1.09
6	Tajikistan	1.07
7	Moldova	0.90
8	Dominican Republic	0.86
9	Kyrgyzstan	0.84
10	Tanzania	0.82

* Excluded are countries and territories with relatively few (under 50,000) Kaspersky product users.
** Unique users whose computers were attacked by miners as a percentage of all unique Kaspersky product users in the country/territory.

Attacks on macOS

The first quarter saw the discovery of a new Trojan loader for macOS. This is a Go-based variant of ReaderUpdate, which has previously appeared in Python, Crystal, Rust, and Nim versions. These loaders are typically used to download intrusive adware, but there is nothing stopping them from delivering any kind of Trojan.

During the reporting period researchers identified new loaders from the Ferret malware family which were being distributed by attackers through fake online job interview invitations. These Trojans are believed to be part of an ongoing campaign that began in December 2022. The original members of the Ferret family date back to late 2024. Past versions of the loader delivered both a backdoor and a crypto stealer.

Throughout the first quarter, various modifications of the Amos stealer were the most aggressively distributed Trojans. Amos is designed to steal user passwords, cryptocurrency wallet data, browser cookies, and documents. In this campaign, threat actors frequently modify their Trojan obfuscation techniques to evade detection, generating thousands of obfuscated files to overwhelm security solutions.

TOP 20 threats to macOS

(download)

* Unique users who encountered this malware as a percentage of all attacked users of Kaspersky security solutions for macOS.
* Data for the previous quarter may differ slightly from previously published data due to certain verdicts being retrospectively revised.

As usual, a significant share of the most common threats to macOS consists of potentially unwanted applications: adware, spyware tracking user activity, fake cleaners, and reverse proxies like NetTool. Amos Trojans, which we mentioned earlier, also gained popularity in the first quarter. Trojan.OSX.Agent.gen, which holds the third spot in the rankings, is a generic verdict that detects a wide variety of malware.

Geography of threats to macOS

Country/territory	Q4 2024*	Q1 2025*
Spain	1.16%	1.02%
France	1.52%	0.96%
Hong Kong	1.21%	0.83%
Singapore	0.32%	0.75%
Mexico	0.85%	0.74%
Germany	0.96%	0.74%
Mainland China	0.73%	0.68%
Brazil	0.66%	0.61%
Russian Federation	0.50%	0.53%
India	0.84%	0.51%

* Unique users who encountered threats to macOS as a percentage of all unique Kaspersky product users in the country/territory.

IoT threat statistics

This section presents statistics on attacks targeting Kaspersky IoT honeypots. The geographic data on attack sources is based on the IP addresses of attacking devices.

In the first quarter of 2025, the share of devices that attacked Kaspersky honeypots via the Telnet protocol increased again, following a decline at the end of 2024.

Distribution of attacked services by number of unique IP addresses of attacking devices (download)

The distribution of attacks across Telnet and SSH remained virtually unchanged compared to the fourth quarter of 2024.

Distribution of attackers’ sessions in Kaspersky honeypots (download)

TOP 10 threats delivered to IoT devices:

Share of each threat uploaded to an infected device as a result of a successful attack in the total number of uploaded threats (download)

A significant portion of the most widespread IoT threats continues to be made up of various Mirai DDoS botnet variants. BitCoinMiner also saw active distribution in the first quarter, accounting for 7.32% of detections. The number of attacks by the NyaDrop botnet (19.31%) decreased compared to the fourth quarter of 2024.

Geography of attacks on IoT honeypots

When looking at SSH attacks by country/territory, mainland China’s share has declined, while attacks coming from Brazil have seen a noticeable increase. There was also a slight uptick in attacks coming from the United States, Indonesia, Australia, and Vietnam.

Country/territory	Q4 2024	Q1 2025
Mainland China	32.99%	20.52%
India	19.13%	19.16%
Russian Federation	9.46%	9.16%
Brazil	2.18%	8.48%
United States	4.90%	5.52%
Indonesia	1.37%	3.99%
Hong Kong	2.81%	3.46%
Australia	1.31%	2.75%
France	3.53%	2.54%
Vietnam	1.41%	2.27%

The share of Telnet attacks originating from China and India dropped, while Brazil, Nigeria, and Indonesia took a noticeably larger share.

Country/territory	Q4 2024	Q1 2025
China	44.67%	39.82%
India	33.79%	30.07%
Brazil	2.62%	12.03%
Russian Federation	6.52%	5.14%
Pakistan	5.77%	3.99%
Nigeria	0.50%	3.01%
Indonesia	0.58%	2.25%
United States	0.42%	0.68%
Ukraine	0.79%	0.67%
Sweden	0.42%	0.33%

Attacks via web resources

The statistics in this section are based on detection verdicts by Web Anti-Virus, which protects users when suspicious objects are downloaded from malicious or infected web pages. Cybercriminals create malicious pages on purpose. Websites that host user-created content, such as forums, as well as compromised legitimate sites, can become infected.

Countries and territories that serve as sources of web-based attacks: the TOP 10

This section contains a geographical distribution of sources of online attacks blocked by Kaspersky products: web pages that redirect to exploits, sites that host exploits and other malware, botnet C&C centers, and so on. Any unique host could be the source of one or more web-based attacks.
To determine the geographical source of web-based attacks, domain names were matched against their actual IP addresses, and then the geographical location of a specific IP address (GeoIP) was established.

In the first quarter of 2025, Kaspersky solutions blocked 629,211,451 attacks launched from online resources across the globe. Web Anti-Virus detected 88,389,361 unique URLs.

Geographical distribution of sources of web-based attacks by country/territory, Q1 2025 (download)

Countries and territories where users faced the greatest risk of online infection

To assess the risk of online infection faced by PC users in various countries and territories, for each country or territory, we calculated the percentage of Kaspersky users on whose computers Web Anti-Virus was triggered during the reporting period. The resulting data reflects the aggressiveness of the environment in which computers operate in different countries and territories.

These rankings only include attacks by malicious objects that belong in the Malware category. Our calculations do not include Web Anti-Virus detections of potentially dangerous or unwanted programs, such as RiskTool or adware.

	Country/territory*	%**
1	North Macedonia	10.17
2	Albania	9.96
3	Algeria	9.92
4	Bangladesh	9.92
5	Tunisia	9.80
6	Slovakia	9.77
7	Greece	9.66
8	Serbia	9.44
9	Tajikistan	9.28
10	Turkey	9.10
11	Peru	8.78
12	Portugal	8.70
13	Nepal	8.38
14	Philippines	8.33
15	Romania	8.26
16	Sri Lanka	8.20
17	Bulgaria	8.19
18	Madagascar	8.14
19	Hungary	8.12
20	Egypt	8.12

* Excluded are countries and territories with relatively few (under 10,000) Kaspersky product users.
** Unique users targeted by web-based Malware attacks as a percentage of all unique Kaspersky product users in the country/territory.

On average during the quarter, 6.46% of users’ computers worldwide were subjected to at least one web-based Malware attack.

Local threats

Statistics on local infections of user computers are an important indicator. They include objects that penetrated the target computer by infecting files or removable media, or initially made their way onto the computer in non-transparent form. Examples of the latter are programs in complex installers and encrypted files.

Data in this section is based on analyzing statistics produced by anti-virus scans of files on the hard drive at the moment they were created or accessed, and the results of scanning removable storage media. The statistics are based on detection verdicts from the OAS (on-access scan) and ODS (on-demand scan) modules of File Anti-Virus. The data includes detections of malicious programs located on user computers or removable media connected to the computers, such as flash drives, camera memory cards, phones, or external hard drives.

In the first quarter of 2025, our File Anti-Virus detected 21,533,464 malicious and potentially unwanted objects.

Countries and territories where users faced the highest risk of local infection

For each country and territory, we calculated the percentage of Kaspersky product users on whose computers File Anti-Virus was triggered during the reporting period. These statistics reflect the level of personal computer infection in various countries and territories across the globe.

The rankings only include attacks by malicious objects that belong in the Malware category. Our calculations do not include File Anti-Virus detections of potentially dangerous or unwanted programs, such as RiskTool or adware.

	Country/territory*	%**
1	Turkmenistan	47.41
2	Tajikistan	37.23
3	Afghanistan	36.92
4	Yemen	35.80
5	Cuba	32.08
6	Uzbekistan	31.31
7	Gabon	27.55
8	Syria	26.50
9	Vietnam	25.88
10	Belarus	25.68
11	Algeria	25.02
12	Bangladesh	24.86
13	Iraq	24.77
14	Cameroon	24.28
15	Burundi	24.28
16	Tanzania	24.23
17	Niger	24.01
18	Madagascar	23.74
19	Kyrgyzstan	23.73
20	Nicaragua	23.72

* Excluded are countries and territories with relatively few (under 10,000) Kaspersky product users.
** Unique users on whose computers local Malware threats were blocked, as a percentage of all unique users of Kaspersky products in the country/territory.

On average worldwide, local Malware threats were recorded on 13.62% of users’ computers at least once during the quarter.

MIL OSI Global Banks –

June 5, 2025

MIL-OSI Economics: Samsung Expands Global Availability of Sleep Apnea Feature on Galaxy Watch Series

Source: Samsung

Samsung Electronics announced today that the Sleep Apnea feature1 on the Galaxy Watch series — available through the Samsung Health Monitor app2 — is expanding to 34 European markets,3 as well as Australia and Singapore, bringing the global total to 70 markets.4

This growth follows the feature’s receipt of CE (Conformité Européenne or European Conformity) marking for the European Economic Area. The CE marking affirms that Samsung meets the European Union’s health, safety and environmental protection standards, reinforcing its leadership in sleep technology. Additionally, the feature was recently approved by Australia’s Therapeutic Goods Administration and Singapore’s Health Sciences Authority.

The milestone builds on Samsung’s groundbreaking De Novo authorization from the U.S. Food and Drug Administration (FDA) — the first of its kind for a wearable device to detect signs of moderate to severe obstructive sleep apnea.5 The Sleep Apnea feature was also approved by Korea’s Ministry of Food and Drug Safety, Brazil’s health regulatory agency ANVISA and Health Canada.

Recognizing the critical role of sleep in overall health, Samsung is committed to helping users improve sleep quality by understanding their sleep patterns, providing personalized sleep coaching and optimizing their sleep environments. With the Sleep Apnea feature, more users can now detect symptoms6 earlier — helping to prevent health issues associated with this common yet often undiagnosed condition.

The Sleep Apnea feature reflects Samsung’s ongoing commitment to providing users with meaningful insights to support healthy sleep habits. By expanding access to this FDA-authorized feature globally, Samsung is empowering users worldwide to take proactive steps toward better sleep health.

1 The Sleep Apnea feature is an over-the-counter (OTC), software-only mobile medical application operating on compatible Galaxy Watch series models and Galaxy smartphones. It is intended to detect signs of moderate to severe obstructive sleep apnea in the form of significant breathing disruptions in adult users age 22 and older over a two-night monitoring period. The feature is designed for on-demand use and is not intended for individuals previously diagnosed with sleep apnea. Users should not rely on this feature as a substitute for professional diagnosis or treatment by a qualified healthcare provider. The data provided by this device is also not intended to assist clinicians in diagnosing sleep disorders.
2 Availability may vary by market, carrier, model or paired smartphone. The feature is available on Galaxy Watch4 series and later models running Wear OS 5.0 or later and must be paired with a Galaxy smartphone running Android 12.0 or later. Due to regulatory restrictions in obtaining approval and registration as a Software as a Medical Device (SaMD), the feature only works on supported Galaxy Watch series models and Galaxy smartphones purchased in markets where the service is currently available. Service may be restricted when users travel to unsupported markets.
3 Availability may vary depending on country-specific registration in some European markets.
4 Supported markets include Australia, Austria, Azerbaijan, Bahrain, Belgium, Bolivia, Brazil, Bulgaria, Canada, Chile, Christmas Island, Cocos (Keeling) Islands, Croatia, Cyprus, Czech Republic, Denmark, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Faroe Islands, Finland, France, Georgia, Germany, Greece, Guatemala, Hong Kong, Hungary, Iceland, Ireland, Italy, Kuwait, Latvia, Lithuania, Luxembourg, Malta, Mauritius, Mayotte, Mexico, Netherlands, Nicaragua, Norfolk Island, Norway, Oman, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Réunion, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam and Yemen.
5 Considered a common yet serious medical condition, sleep apnea causes someone to stop breathing while asleep, which can result in disruptions in oxygen supply, lower sleep quality, and other health complications such as hypertension, cardiac disorder, stroke or cognitive disorder.
6 The Sleep Apnea feature utilizes the BioActive Sensor to measure blood oxygen saturation (SpO₂) during sleep. It analyzes changes in SpO₂ levels related to apnea and hypopnea patterns and estimates the Apnea-Hypopnea Index to inform users of potential symptoms.

MIL OSI Economics –

June 5, 2025
MIL-OSI Australia: Public Health Alert: Dangerous drugs found in counterfeit ‘Xanax’ in Canberra
Source: Northern Territory Police and Fire Services

As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

Skip to content
Released 05/06/2025
- Counterfeit (fake) ‘Xanax’ containing a novel benzodiazepine and a strong synthetic opioid has been found in the ACT.
- This mix of drugs could cause overdose or death.
- This drug combination has not previously been found in the ACT.
- Any use of illicit and counterfeit (fake) drugs carries a risk to health.
What is the issue?

A mix of dangerous drugs has been found in counterfeit (fake) ‘Xanax’ in Canberra. Multiple benzodiazepines (including bromazolam, a strong non-registered benzodiazepine, alprazolam and diazepam) and a very strong synthetic opioid (protonitazene) have been detected in a sample tested at the CanTEST Health and Drug Checking Service. Consuming this mix of illicit drugs could be life threatening.

Why is this dangerous?

There is the increased risk of overdose and death from a combination of a strong synthetic opioid and a benzodiazepine, especially when it is unexpected. Counterfeit (fake) drugs can look very similar to legitimate products. You should only consume benzodiazepines that have been prescribed to you by a doctor and dispensed by a pharmacy. There is the potential for contaminants in counterfeit (fake) products that can increase the risk of severe adverse effects.

What do I do if I have taken counterfeit (fake) ‘Xanax’?

If you experience unexpected or adverse drug effects, feel unwell, or are with someone who does, seek urgent medical attention at a hospital emergency department or call emergency triple zero (000) and ask for an ambulance.

Signs of an opioid overdose can include:
- drowsiness
- difficulty speaking or walking
- loss of consciousness
- unusual (slow or obstructed) breathing, or
- skin turning blue or grey.
The risk of harms from illicit substances is higher if you are alone, or use them in combination with other drugs including alcohol.

Take Home Naloxone

Naloxone is an easy-to-use life-saving medicine that can temporarily reverse an opioid overdose. Free naloxone is available without a prescription from locations throughout the ACT for people at risk of opioid overdose or who may witness an overdose. This includes people who take counterfeit (fake) benzodiazepines because of the risk of contamination with opioids. More information can be found here.

Always call an ambulance if opioid overdose is suspected, even if naloxone has been given. Synthetic opioids like nitazenes may need repeat doses of naloxone.

What do I do, if I think I have counterfeit (fake) ‘Xanax’?

If you or someone you know might be in possession of counterfeit drugs, you should safely dispose of it. Testing and/or safe disposal of small amounts can be done at the CanTEST Health and Drug Checking Service. For further details about drug checking visit the ACT Health website.

This alert has been issued on the basis of the information available at the time of the alert’s release in the interests of prompt communication about the risks of this substance.

– Statement ends –

ACT Health Directorate | Media Releases

«ACT Government Media Releases | «Directorate Media Releases
MIL OSI News –
June 5, 2025
MIL-OSI Australia: Arrests – Burglaries – Alice Springs

Source: Northern Territory Police and Fire Services

The Northern Territory Police Force responded to multiple burglaries in Alice Springs yesterday and have arrested two male youths allegedly involved.

About 10:15am, the Joint Emergency Services Communication Centre (JESCC) received reports of a burglary at a residence in Braitling. It is alleged an unknown number of offenders caused damage before entering the residence and stealing personal items from within.

Later, about 3:10pm, the JESCC received reports of a burglary at a different address in Braitling. It is alleged four unknown offenders were dropped off by a vehicle before they unlawfully entered the residence by causing damage. It is unknown if anything was stolen before they fled the scene in the same vehicle that dropped them off nearby.

A short time later, about 4:30pm, the JESCC received reports of a burglary at a residence in East Side. It is alleged four to six unknown offenders unlawfully entered the residence and demanded car keys from a female inside. The victim retreated to the laundry, locking herself inside and called Triple Zero. The alleged offenders continued to rummage through the house, locating the keys to a white Toyota RAV4 before stealing it from the premises. As they were leaving the location they allegedly swerved towards responding police vehicles, narrowly missing.

The vehicle allegedly drove erratically through the Alice Springs CBD and further members from Strike Force Viper, Dog Operations Unit and general duties deployed.

A Tyre Deflation Device was unsuccessfully deployed as the vehicle travelled south along the Stuart Highway. Soon after, the vehicle allegedly targeted a police vehicle by throwing large rocks, causing minor damage.

The vehicle was later located abandoned just north of Braitling.

This morning, police arrested two male youths, aged 14 and 16-years-old, for their alleged involvement in the morning burglary in Braitling and the 4:30pm burglary in East Side. Charges are expected to follow.

Strike Force Viper has carriage of the investigation and are working to identify and apprehend anyone involved. It is not known at this stage if all three incidents are linked.

Anyone with information in relation to the incident is urged to contact police on 131 444. You can make an anonymous report via Crime Stoppers by calling 1800 333 000.

MIL OSI News –

June 5, 2025

MIL-OSI: The last day of trading in unit rights in Terranet’s rights issue

Source: GlobeNewswire (MIL-OSI)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.

Today, June 5, 2025, is the last day of trading in unit rights issued in connection with Terranet AB’s (“Terranet” or the “Company”) rights issue of units which the Board of Directors resolved on April 16, 2025, and was approved by the annual general meeting on May 23, 2025 (the “Rights Issue”). Unit rights that are not sold or used for subscription will expire worthless.

Summary of the Rights Issue:

The Rights Issue comprises a maximum of 13,880,714 units. One unit in the Rights Issue consists of twelve (12) B-shares and three (3) warrants of series TO9 B. The warrants are issued free of charge.
The subscription price per unit in the Rights Issue is SEK 1.08 per unit, corresponding to SEK 0.09 per B-share. Upon full subscription, the Rights Issue will provide Terranet with approximately SEK 15 million before deduction of issue costs.
The right to subscribe for units in the Rights Issue shall, with preferential rights, be granted to shareholders in proportion to the number of shares they already own, where one (1) existing share entitles the holder to one (1) unit right, and eighty-six (86) unit rights entitle the holder to subscribe for one (1) unit.
The last day of trading in Terranet’s B-shares including the right to receive unit rights in the Rights Issue was April 25, 2025. The B-shares will be traded excluding the right to receive unit rights from April 28, 2025.
The subscription period for the Rights Issue runs from May 27, 2025, up to and including June 11, 2025.
The Rights Issue is covered by subscription commitments of approximately SEK 35.2 thousand, corresponding to 0.2 percent of the Rights Issue, and underwriting commitments of approximately SEK 15 million, corresponding to approximately 99.8 percent of the Rights Issue. Thus, the Rights Issue is covered to 100 percent by subscription commitments and underwriting commitments.

Preliminary timetable for the Rights Issue

May 27, 2025 – June 5, 2025	Trading in unit rights
May 27, 2025 – June 11, 2025	Subscripition period
May 27, 2025 – June 30, 2025	Trading in paid subscribed units (BTU)
June 13, 2025	Preliminary date for publication of the outcome in the Rights Issue

Advisers
Mangold Fondkommission AB is the financial advisor to Terranet in connection with the Rights Issue. Eversheds Sutherland Advokatbyrå AB is the legal advisor to the Company in connection with the Rights Issue.

For more information, please contact:
Dan Wahrenberg, CFO
E-mail: dan.wahrenberg@terranet.se

About Terranet AB (publ)

Terranet’s goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet’s anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today.
The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B).

Follow our journey at: www.terranet.se

Certified Adviser to Terranet is Mangold Fondkommission AB.

Important information
The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. The recipient of this press release is responsible for using this press release, and the information contained herein, in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Terranet in any jurisdiction, neither from Terranet nor anyone else.

This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, within or into Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, the United States or in any other jurisdiction where such announcement, publication or distribution of the information would not comply with applicable laws and regulations or where such actions are subject to legal restrictions or would require additional registration or other measures than what is required under Swedish law. Actions taken in violation of this instruction may constitute a crime against applicable securities laws and regulations.

Attachment

Press release – Last day for trading UR

The MIL Network –

June 5, 2025

MIL-OSI Australia: National Child and Youth Mental Health Priorities
Source:

Mental Health Australia has developed a Statement on National Child and Youth Mental Health Priorities to inform the June 2025 Health and Mental Health Ministers meeting.

The advice in this Statement was developed in consultation with members, along with review of recommendations of previous inquiries, strategies and research.

The Statement outlines specific specific recommendations for Health and Mental Health Ministers, as the next immediate steps to commit to at their meeting to improve child and youth mental health:
1. Integrate mental health in education
2. Expand and integrate Kids Hubs
3. Boost national digital mental health supports for children and parents
4. Increase workforce capacity to support infant and child mental health
5. Harmonise age ranges for youth mental health services
6. Reduce wait times for child and youth mental health supports
Children and young people in Australia are experiencing mental ill-health at never-before seen levels, yet many are unable to access support. Australian governments need to work together to develop an holistic system of mental health supports for infants, children and families across the spectrum of promotion, prevention, early and specialist support, informed by both the needs and experiences of children and their families and population data. While this meeting is focused on actions through health portfolios, it is also important to recognise the need for whole of government action to address declining rates of mental health amongst children and young people.

MIL OSI News –
June 5, 2025
MIL-Evening Report: The Potter Museum of Art relaunches with the outstanding 65,000 Years, a Short History of Australian Art

Source: The Conversation (Au and NZ) – By Roger Benjamin, Professor in Art History, University of Sydney

Installation view of 65,000 Years: A Short History of Australian Art, Potter Museum of Art, the University of Melbourne, 2025. Photography by Christian Capurro

In the late 1970s, when I was a fine arts student, the Melbourne University Gallery was just one room in a neo-gothic quadrangle. It wasn’t until the mid 1990s that the university commissioned Nonda Katzalidis to design a four-story concrete gallery on a narrow site fronting Swanston Street.

The Ian Potter Museum of Art quickly became a vital centre for displaying diverse university collections – from classical antiquities to post-war bark paintings and contemporary art.

The re-opening of the museum, after it closed for renovations in 2018, is an art event of major proportions with the architectural clout to match.

The newest addition by Randall Marsh of Wood Marsh Architects transforms an adjacent red-brick building. A polished-steel portal gives onto stylish spaces: high vaulted ceilings, a light-filled atrium, new teaching rooms and luxurious bathrooms. There is now a serious restaurant with a long dining room, open kitchen and balcony café.

Named “Residence” for its annual chef-in-residence program, starting with the Michelin-starred Robbie Noble, this may well become the go-to space for visitors, academics and students alike.

Potter Museum of Art, the University of Melbourne.
Photography by Christian Capurro.

All expectations are exceeded by the opening exhibition 65,000 Years, a Short History of Australian Art. The title emphasises both the ancient Indigenous presence on this continent, and cheekily suggests that the main art that’s been made here is Aboriginal.

As we recognise the monumental contributions of bark painting from the 1940s on, dot-painting from the 1970s on, and urban art starting in the 1980s, there is much to commend this view.

Grand ambitions

The exhibition, in eight main spaces over three floors, has an ambition and scope exceeding landmark surveys such as Dreamings: Art of Aboriginal Australia (1988) and Aratjara: Art of the First Australians (1993).

There is a powerful curatorial will here, led by the legendary public intellectual and Indigenous scholar Marcia Langton, who initiated the project.

She engaged one of the country’s most effective and knowledgeable curators in Judith Ryan, known for her series of field-defining exhibitions over four decades at the National Gallery of Victoria.

Installation view of 65,000 Years: A Short History of Australian Art, Potter Museum of Art, the University of Melbourne, 2025.
Photography by Christian Capurro

Working together with associate curator Shanysa McConville, their exhibition is both politically astute in its management of tough historical issues, and visually stunning. The team has sourced superlative, large-scale examples of major artists’ work from private and public sources to sit alongside the university collections.

It’s an exhibition that repays hours of looking, aided by the curators’ exemplary wall labels. A sumptuously illustrated 340-page tome published by Thames & Hudson Australia for the Potter supports a deeper dive. This includes 23 essays by both Indigenous and non-Indigenous writers who delve into specific groups of work.

An example is the pungent essay by Grazia Gunn, who in 1973 exhibited the University’s rare barks from Groote Eylandt, presented in 1946 by the Jewish refugee Leonhard Adam.

Installation view of 65,000 Years: A Short History of Australian Art, Potter Museum of Art, the University of Melbourne, 2025.
Photography by Christian Capurro

These barks can be seen again in the show, near a masterful assemblage of early barks from Yirrkala, painted in 1937 at the request of ethnographer Donald Thomson. This selection is unprecedented: a dozen barks with complete body designs for mardayin (mens’ ceremony), organised across clan groups.

Truth telling

Throughout 65,000 Years, there is a powerful truth-telling element on frontier wars and massacres. The early recognition of First Peoples’ work as art in the assembled barks goes some way to balancing Melbourne University’s own chapter of shame.

In the side gallery, Langton and team present the role of Melbourne University medical anatomists, eugenicists and physical anthropologists in grave-robbing, and promoting the illicit collection and sale of Aboriginal remains, right up to the mid-1930s.

On a big-screen video Langton, seated in a massive carved cathedral chair like a modern-day Delphic Oracle, dispassionately retells this grisly truth.

The exhibition is comprehensive as it moves across regions and eras in a deft interplay with the building’s shifting levels. The ground floor (bar a stunning atrium enlaced with newly commissioned women’s baskets and “sun-mats”) deals with the imagery of contact from early colonial settlements.

A group of French and British drawings of First Peoples are true portraits in the sense that the sitters are named. Late 19th century colour drawings by Barak or Mickey of Ulladulla are next to rare archival finds: distressing drawings of police reprisals by Oscar (Kuku-Yalanji), from 1898, and six lyrical drawings by Blak inmates of the Darwin Gaol, mounted together under the title “Dawn of Art” for display at the 1888 Melbourne Centenary Exhibition.

Gordon Bennet (1955–2014), Big romantic painting (apotheosis of Captain Cook) 1993, synthetic polymer paint on canvas, 182×400.5×4cm.
The University of Melbourne Art Collection

Entering this colonial/decolonial zone, the glowering work of the late, great Gordon Bennett sets the precedent for the current historical citation and appropriation of colonial imagery.

His example has inspired artists from Richard Bell and Brook Andrew to Megan Cope and Daniel Boyd.

Bennett, faithfully represented by Melbourne’s Sutton Gallery through his life, was a McGeorge Fellow at Melbourne Uni in 1993, producing the groundbreaking Mirrorama installation with Groote Eylandt barks in opposition to classical busts. A gentle man and great thinker in art, Bennett then, as now, adds lustre to the Potter.

65,000 Years, a Short History of Australian Art is at the Potter Museum of Art, Melbourne, until November 22.

Roger Benjamin has previously worked as an art selector for the Vizard Collection at the Ian Potter Museum of Art, is an art collector and donor, and a colleague of the exhibition curators; he was not involved in the curation of this exhibition.

– ref. The Potter Museum of Art relaunches with the outstanding 65,000 Years, a Short History of Australian Art – https://theconversation.com/the-potter-museum-of-art-relaunches-with-the-outstanding-65-000-years-a-short-history-of-australian-art-257640

MIL OSI Analysis – EveningReport.nz –

June 5, 2025
MIL-Evening Report: Victorian principals will soon be able to expel students for out-of-school behaviour – is this a good idea?

Source: The Conversation (Au and NZ) – By Paul Kidson, Associate Professor in Educational Leadership, Australian Catholic University

Getty Images/ Javier Zayaz

When does a school’s responsibility for student behaviour end? Is it at 3pm when the bell goes? Or does a school still have to respond to harmful behaviour after hours?

The Victorian government has announced new powers for government school principals to suspend or expel students for serious misbehaviour beyond the school grounds. The powers will begin in July, from the beginning of term 3.

The state government says this will “address concerns around harmful behaviour that happens outside school hours […] but affects student and staff safety”.

The new powers have a particular focus on online safety and follow similar moves in South Australia and New South Wales.

What does this mean for schools and students?

A blurry line

The line between when “school” starts and finishes is blurry. Anti-social activities and their impacts don’t neatly fall at a convenient time or location.

Cyberbullying – using the internet to be mean to a child or young person – has grown insidiously over the past decade and frequently takes place outside of the school grounds and after hours. This now includes deepfakes and AI-generated images.

But the impacts of cyberbullying are very much felt during school hours. Bullying can lead to decreased academic performance – even in primary school. It can also lead to fractured social relationships. So schools are deeply involved. They may need to provide additional academic and welfare support for the student, as well as manage any social tensions and flare-ups on campus.

As the eSafety Commission has warned, teachers can also face online abuse from students.

So school leaders are needing to support both student and staff mental health.

A changing legal climate

But it’s not just online actions that blur the lines. In 2024, the NSW Supreme Court ruled in a case of an assault by a group of students against a 14-year-old student.

Although the attack took place outside the school grounds, after the final bell, the court determined the NSW public high school had a duty “beyond the confines of the school boundaries and outside of its operating hours”. In part, this was based on previous known violence from one of the perpetrators.

Schools now exist in a dynamic and complex set of ecosystems and the new Victorian powers acknowledge and respond to this reality.

What does it mean for principals?

For some school leaders, there may be relief they can deal with the consequences of the most severe and destructive actions. This could include online harassment or recent incidents such as rating students’ physical appearances.

For others, there may be concerns this will add to their already stretched and pressured workloads.

Research including the annual survey I run with colleagues, shows being an Australian school leader takes an ongoing emotional toll. The work often involves dealing with violence and abuse.

Expelling kids should be a very last resort

As a community, we can all agree schools should be places that are safe and free from violence of any kind.

But the removal of any student from a school signals a series of breakdowns. This is why schools have policies and procedures to try and resolve these issues positively before the consequences become more severe. Schools will normally use intervention strategies such as counselling, behaviour monitoring and formal cautions before suspension emerges as a possibility. Sadly, these do not always result in changed behaviour.

As consequences escalate, so too do their impacts.

Students who begin to disengage from their learning can get caught in a spiral of increasing disengagement, leading to repeat instances of suspension and then expulsion. This can then chart a distressing path for some towards incarceration.

So we need to focus on strategies which reduce this pathway.

This includes initiatives that boost students’ engagement at school such as those in the Better and Fairer Schools Agreement (part of the new funding agreement between the federal and state governments). We also need funds to increase counsellors and psychologists in schools.

Being able to expel students for out-of-school behaviour will help manage some of the symptoms of poor student behaviour. But unless the underlying causes are also addressed, expulsion will not resolve the issues – and ultimately transport the problem to another community.

Paul Kidson does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Victorian principals will soon be able to expel students for out-of-school behaviour – is this a good idea? – https://theconversation.com/victorian-principals-will-soon-be-able-to-expel-students-for-out-of-school-behaviour-is-this-a-good-idea-258188

MIL OSI Analysis – EveningReport.nz –

June 5, 2025
MIL-Evening Report: The Top End’s tropical savannas are a natural wonder – but weak environment laws mean their future is uncertain

Source: The Conversation (Au and NZ) – By Euan Ritchie, Professor in Wildlife Ecology and Conservation, School of Life & Environmental Sciences, Deakin University

François Brassard

The Top End of Australia’s Northern Territory contains an extensive, awe-inspiring expanse of tropical savanna landscapes. It includes well-known and much-loved regions such as Darwin, Kakadu National Park, Arnhem Land and Nitmiluk Gorge.

These tropical savannas feature open forests and woodlands dominated by eucalypts and a diverse grassy understorey. They experience an intense monsoon-driven wet season and long dry season during which fire is common.

The area is home to a spectacular range of plants and animals, including crocodiles, barramundi, speartooth sharks, the spectacularly coloured Leichhardt’s grasshopper and flocks of magpie geese. Some groups are extraordinarily diverse. Several thousand ant species are thought to live there – compared to just 1,000 species in South America’s Amazon basin.

Australia’s tropical savannas are diverse and dynamic, shaped by fire and the cycle of wet and dry seasons.
Brett Murphy

Yet, despite their immense ecological and cultural significance, the NT’s tropical savannas face an uncertain future. The landscape is under increasing pressure from invasive species, more frequent and severe fires, climate change, mining, agriculture and development – including water extraction.

Our new report outlines what should be done to ensure conservation and sustainable management of this unique and special region.

A region in trouble

As ecologists, we share a deep passion for tropical Northern Australia but fear for its future. To aid environmental policy and decision-making, we set out to describe the current condition and likely future of the NT’s tropical savannas. This involved identifying existing, emerging and possible future threats.

We found biodiversity in decline. Many species, particularly mammals that were once common and widespread, have disappeared from much of the region. These include the northern quoll, brush-tailed rabbit-rat and black-footed tree-rat.

Species such as the brush-tailed rabbit-rat have declined substantially and are now locally extinct in some areas.
Cara Penton

Habitats are degraded and ecosystems are showing signs of collapse. Feral animals are widespread. Cats prey on native wildlife. Feral pigs feast on turtle nests and trash plants in and around waterways, reducing water quality. Cattle, water buffalo, horses and donkeys eat their way through native plants, reducing habitat structure and complexity, aiding the establishment and spread of weeds.

In many parts of the Top End, fires are becoming more frequent and severe. This is in part due to the increasing dominance of invasive grasses, particularly Gamba and buffel grass. Both grasses are highly flammable, increasing the risk and harm of fires.

Longer and hotter dry seasons also increase fire risk and severity, as well as making water less available to wildlife due to higher rates of evaporation. Plants and animals also face greater heat stress and risk of dying during extended periods of extreme temperatures.

The Top End is spectacular and rich in biodiversity.
François Brassard

The changing nature of land-clearing

Land-clearing is increasing in the Top End, too. We estimate about 45,000 hectares of savanna habitat was destroyed between 2000 and 2020. That’s equivalent to an area roughly the size of 22,500 Melbourne Cricket Grounds.

Another 146,000 hectares have approval to be cleared, and an additional 100,000 hectares could be cleared for an expanded cotton industry.

It is not just the amount of clearing that matters, but where it occurs. The habitat mainly destroyed to date has been in higher rainfall areas between Darwin and Katherine. This is where most threatened species live. On average, the cleared areas overlapped with more than 12 nationally listed threatened species.

What should be done?

Our report shows current laws are insufficient to protect the Northern Territory’s tropical savannas. Evidence-based law reform is urgently needed.

Decision-making must be collaborative, not controlled by individuals, based on sound science. It must also actively support and involve First Nations peoples and their goals.

The Top End is awe inspiring but without greater enviromental protection its many values may be diminished.
François Brassard

The situation in the NT reflects broader calls to strengthen national environmental laws as a matter of urgency and greatly boost investment in conservation to achieve positive results for nature.

Nature is the lynchpin of northern Australia. It characterises and nurtures the place, underpins and embraces Indigenous culture, is a major tourist attraction and helps make our country healthy. We need to recognise its value, and guard against its ongoing loss.

Our report was independently reviewed by experts in the ecology and conservation of Northern Australia, Professors Richard Williams and Christopher Johnson.

Euan Ritchie receives funding from the Australian Research Council and the Victorian government’s Department of Energy, Environment, and Climate Action. Euan is a Councillor within the Biodiversity Council, a member of the Ecological Society of Australia and President of the Australian Mammal Society.

The research underpinning this report was partly supported by the Environment Centre NT, the Wilderness Society and the World Wide Fund for Nature (Australia).

Brett Murphy receives, or has recently received, funding from the Australian Research Council, Environment Centre NT, and the Northern Territory Government.

John Woinarski is affiliated with Charles Darwin University, and has previously received research funding from the Australian Department of Climate Change, Energy and the Environment.

– ref. The Top End’s tropical savannas are a natural wonder – but weak environment laws mean their future is uncertain – https://theconversation.com/the-top-ends-tropical-savannas-are-a-natural-wonder-but-weak-environment-laws-mean-their-future-is-uncertain-241893

MIL OSI Analysis – EveningReport.nz –

June 5, 2025
MIL-Evening Report: GPs asking men about their behaviour in relationships could help reduce domestic violence
Source: The Conversation (Au and NZ) – By Kelsey Hegarty, Professor of Family Violence Prevention, The University of Melbourne

Domestic violence is increasing in Australia. A new report shows one in three men have ever made a partner feel frightened or anxious. One in 11 have used physical violence when angry. And one in 50 have used sexual violence against their partner.

The report, which I co-authored, estimates 120,000 men each year will start to use abuse and violence against their partner for the first time.

So we need to engage these men before they start using abuse and violence. Our work with GPs suggests they can engage men early to prevent harm to families.

Why use GPs?

Men who use domestic violence frequently visit health services and need help to address harmful behaviours in relationships. These men are more likely to have increased alcohol use, substance abuse and mental health issues.

Our new report found men with depressive symptoms, especially those who were severely depressed or suicidal, were at greater risk of starting to use abuse and violence.

We know from experience with men’s behaviour change programs that men who volunteer for these programs are more likely to sustain change than men ordered to undertake them by the court.

GPs can apply this knowledge by identifying men who have internal motivations for change, or who want to be a “better person”.

This echoes a new community campaign that asks men “What kind of man do you want to be?”

GPs and mental health practitioners have great potential to build conversations around behaviours in men’s relationships. However, discussions need to be tailored after learning more about the man’s identity and needs.

How can GPs ask men about potential violence?

GPs can begin by signposting:

Often when I see people who are depressed, it’s helpful to understand what else is going on for them. Can I ask how things are at home?

They then move to more specific questions:

You mentioned that you have been disagreeing a bit with your partner. What happens when you disagree?

Have you ever done something that you later regretted?

The next step is gauging insight about their behaviour:

Are you ever worried about your behaviour?

Do you ever think your partner sometimes feels scared of you?

The final step is offering support:

There’s people you could see and online resources that are helpful for men who are worried about their behaviour in their relationship. Can I give you some info about it?

How are men likely to respond?

My research team explored men’s perceptions of seeking help for an unhealthy relationship and how they could be supported to recognise their behaviour and undertake change.

Men we talked to said:

[Asking] ‘Are you worried about your relationship?’ is good. It’s not asking, ‘Are you abusive? Are you violent?’

They then wanted a response that motivates them:

A tactful way to actually suggest, maybe this is for you, that might help. Because I know if someone tells me that you’ve got to go do this, I don’t want to do it. If someone can plant the seed in someone’s head it might help.

To “plant the seed”, a trained and equipped GP could prepare and motivate men to accept a referral and address other needs, such as parenting issues and alcohol and drug use.

Difficulties for GPs

Many men who use violence never engage with intensive, face-to-face or online behaviour change programs. So GPs can play an important role in offering ongoing support and encouragement for men who use abuse and violence to change their behaviour.

Some of the issues GPs have raised about doing this work include:

It’s often hard, sort of balancing between throwing them a lifeline and putting a way forward, but at the same time really acknowledging and saying that violence is unacceptable – you have to find a way of engaging them in the process of saying, ‘Well look, this is wrong, we need to do something’, without losing them.

If I start pushing, pressuring him, then he becomes closed up or defensive, then that’s obviously going to potentially harm my therapeutic relationship with him.

Men find websites and apps useful

Men are very open to websites or apps that provide a safe, private place for them to reflect on their harmful behaviours and consequences.

My research team has developed a primary care response model called I-engage, which includes GPs engaging men and offering them an online tool to encourage men to seek help.

We also developed the healthy relationship website, Better Man, from discussions with men.

The men we interviewed suggested developing resources that:
1. “don’t jump down my throat straight away”
2. “help me realise what I’m becoming”
3. “give hope for seeing a change in my future”
4. “make it simple and accessible”.
The resulting website increases men’s early engagement with help-seeking.
Motivational techniques encourage men’s awareness and self-reflection, avoiding stigma and shame.

The program includes four modules:
- better relationships encourages a man to reflect on behaviours in his relationship
- better values explores how men’s behaviours align with their values
- better communication looks at how a man’s communication style may differ with a partner compared to others
- finally, take better action reinforces help seeking, provides resources for parenting, alcohol and drug use, and mental health.
GPs need training and funding for this work

Early engagement through the health system requires GPs to be supported, trained and resourced to identify and respond to all members of a family.

We have been calling for funding of a long consultation for a Family Safety Plan through a Medicare item number for a decade.

The health system can engage men using behaviours in their relationships that cause harm to their partners and children.

As one man who we worked with says:

We’ve got to grab them before they hit their partner or their kids. We’ve got to be able to stop them getting to that stage. We’ve got to grab their attention. Let’s help them realise this is the person that they are, or they are becoming and it’s not what society is going to accept nowadays.

For information and advice about family and intimate partner violence contact 1800 RESPECT (1800 737 732). If you or someone you know is in immediate danger, contact 000. Men’s Referral Service (call 1300 766 491) offers advice and counselling to men looking to change their behaviour.

Kelsey Hegarty leads the Safer Families Centre which receives Australian government funding to train GPs.

– ref. GPs asking men about their behaviour in relationships could help reduce domestic violence – https://theconversation.com/gps-asking-men-about-their-behaviour-in-relationships-could-help-reduce-domestic-violence-258075
MIL OSI Analysis – EveningReport.nz –
June 5, 2025
MIL-OSI Russia: 18 countries elected to ECOSOC for three-year term

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

Source: People’s Republic of China – State Council News

UNITED NATIONS, June 5 (Xinhua) — Eighteen countries, including China, were elected on Wednesday to three-year terms on the United Nations Economic and Social Council (ECOSOC), the coordinating body for economic and social work of U.N. agencies and funds.

UN General Assembly President Philemon Young announced the results after a secret ballot.

The council included Burundi, Chad, Mozambique and Sierra Leone from Africa, China, India, Lebanon and Turkmenistan from Asia and the Pacific, Croatia, Russia and Ukraine from Eastern Europe, Ecuador, Peru and Saint Kitts and Nevis from Latin America and the Caribbean, and Australia, Finland, Norway and Turkey from Western Europe and other regions.

These ECOSOC members are elected for a three-year term beginning on 1 January 2026.

ECOSOC has 54 members. Its membership is renewed annually by a vote in the UN General Assembly. –0–

MIL OSI Russia News –

June 5, 2025
MIL-OSI Australia: Bellerive body investigation: Police seek help of bus patrons

Source: New South Wales Community and Justice

Bellerive body investigation: Police seek help of bus patrons

Thursday, 5 June 2025 – 3:48 pm.

Tasmania Police would like to speak with two women who were travelling on a Metro bus at Rokeby last Friday afternoon, as investigations continue into the discovery of a man’s body at Bellerive.
The body of Luke Jon Telega, 45, was found in an industrial-sized garbage bin at Percy Street on Monday morning.
Police are trying to piece together Mr Telega’s movements leading up to a garbage contractor finding his body.
CCTV footage obtained from Metro shows that Mr Telega caught a bus at Tollard Drive, Rokeby, on Friday, May 30, at 4.34pm.
A woman in a grey or white hoodie joins the bus at the same time and is then seen to exit the bus at the same stop as Mr Telega, in the car park of the Shoreline Hotel about 4.38pm.
While on the bus, a second woman in a red top appears to acknowledge Mr Telega with a wave.
There is no suggestion the women are involved with Mr Telega’s death, but police believe they may be able to help with inquiries. (See photos attached)
Further, police still wish to speak with a woman shown on CCTV footage standing at a shopfront on Percy Street about 7:50pm on Sunday, June 1.
Police believe the member of the public may have spoken with someone in Percy Street at the time and may be able to assist with inquiries. The woman was driving what is believed to be a light-coloured Toyota Prado.
A second woman shown on CCTV footage standing near a red SUV in Percy Street on Sunday night has contacted police and no further action is required.
If anyone has information that could assist with the investigation, please call police on 131 444 or report anonymously to Crime Stoppers on 1800 333 000 or online crimestopperstas.com.au

MIL OSI News –

June 5, 2025
MIL-OSI Australia: Budget Statement

Source: New South Wales – News

Police Commissioner Grant Stevens has welcomed the significant funding boost for additional resources and equipment provided in the State Budget.

Mr Stevens said the funding package over the next four years, announced today, followed numerous forthright discussions with Premier Peter Malinauskas and Police Minister Stephen Mullighan on the requirements of SAPOL to maintain community safety into the future.

“I have made it clear the increasing demands on police and what is required to keep the community safe,’’ he said.

“The demand for police assistance is increasing, taskings and investigations are now more complex and are taking longer.’’

The Government has committed $240 million over the next four years, which includes provision for almost 300 additional sworn officers including an additional 33 motorcycle patrol officers, funding for an additional 98 Police Security Officers, 20 more civilian positions and the considerable expansion of the mental health-co-responder initiative that has already started relieving pressure on frontline police. This budget is also funding the provision of new pistols and includes a commitment for a range of road safety initiatives.

As a part of this commitment, SAPOL have also been provided $7.5 million a year for our capital program, which enables us to invest in critical works on our facilities, equipment and IT needs to ensure they are fit for purpose.

Funding has also been provided to continue our accelerated recruitment efforts and the increased number of recruit and PSO courses at the police academy.

At present, 97.5 per cent of the sworn positions in SAPOL are occupied and today’s funding boost will ensure the hard work that has achieved this will continue.

Mr Stevens said he had firmly advocated for what is required to maintain police services not just now, but well into the future and this budget is clear evidence the government had responded positively.

“The additional resources moving forward will help ease the pressure on frontline officers who have been doing a magnificent job of maintaining service delivery under significant pressure,’’ he said.

“My discussions with the government have been productive and this budget today will assist in alleviating the pressures SAPOL is facing in the coming years.’’

MIL OSI News –

June 5, 2025
MIL-OSI Australia: Police Taskforce Accountable to target recidivist offenders in Clarence

Source: New South Wales Community and Justice

Police Taskforce Accountable to target recidivist offenders in Clarence

Thursday, 5 June 2025 – 3:04 pm.

Police launched Taskforce Accountable yesterday to target recidivist offenders in the Clarence Division.
Inspector Andrew Keane said Taskforce Accountable consists of plain clothes officers from Bellerive Police Station who will be patrolling major shopping and transit precincts in Clarence Division.
“Taskforce Accountable will target the recidivist offenders who are responsible for the majority of our violent shop stealing and assaults on retail workers,” said inspector Keane.
“The Taskforce will be supplemented by high visibility foot patrols over the coming months, and aims to detect and deter illegal and antisocial behaviours in the Clarence Division.”
Between 9am and 9pm yesterday, Taskforce Accountable and Uniform Police detected, arrested and charged nine offenders (four adults and five youths) in relation to offences at Glebe Hill, Eastlands and Lindisfarne shopping centres as well as McDonalds Rosny.
Offenders were charged with a range of offences including:

Stealing
Stealing with force
Unlawful possession
Possession of dangerous articles
Common assault
Computer related fraud
Trespass
Possession of housebreaking implements
Drug offences, and
Fail to comply with police directions and/or court bail.

Property recovered and being returned to the owners included clothing, jewellery, cosmetics, and power tools.
“Everyone has the right to be safe in our community, and illegal activities and anti-social behaviours will not be tolerated by police.”
Anyone who witnesses antisocial or illegal behaviours is encouraged to report to police on 131 444 or Triple Zero (000) in an emergency.
Information can also be reported anonymously through Crime Stoppers Tasmania at crimestopperstas.com.au or on 1800 333 000.

MIL OSI News –

June 5, 2025
MIL-Evening Report: Jack Ball wins the Ramsay Art Prize among a who’s who of Australian young contemporary artists

Source: The Conversation (Au and NZ) – By Catherine Speck, Emerita Professor, Art History and Curatorship, University of Adelaide

Jack Ball with Heavy Grit in Ramsay Art Prize 2025, Art Gallery of South Australia, Adelaide. Photo: Saul Steed

Jack Ball, a Sydney-based trans artist, was awarded the 2025 Ramsay Art Prize at the Art Gallery of South Australia for an immersive installation Heavy Grit.

The inspiration for the photo-collage and sculptural artwork stems directly from the artist’s exploration of the Australian Queer Archives in Melbourne – especially the scrapbooks covering the closeted decades of the 1950s to 1970s – and the merging of the past with present.

The grainy print surface of the photo-collage elements, drawing on newspaper clippings, are arranged as four semi-abstract fluid shapes.

Collage allows Ball to layer archival material with his own photo practice, to cut, crop, resize and imply ambiguity and possibility in the blurred imagery.

The collages sit beside small photographs placed behind textured stained glass that seem like peep shows into queer culture, and are emblematic of Heavy Grit’s tension between what is revealed and what is hidden.

Installation view: Jack Ball, born Darramurragal/Sydney 1986, Heavy Grit, 2024, Boorloo/Perth, inkjet prints on hemp, cotton and metallic rag, textured coloured glass, beeswax, activated charcoal, copper pipe, second-hand and remnant fabrics, acrylic paints, sand, rope.
Courtesy of the artist and AVA, Boorloo/Perth, photo: Saul Steed

Beneath are sand-filled soft sculptures, all of which suggest intimacy, stolen moments, the bright lights of Oxford Street, queer dress culture and much more, set off by loose flourishes of orange framing the collage. There is a delicate play of surface, scale and medium in an expansive installation that requires close, but slow looking.

The Ramsay Prize

The A$100,000 prize, awarded every two years, is open to artists under 40.

It is the nation’s richest art prize for that age category and is funded in perpetuity by the Ramsay Foundation, for artwork in any medium.

It is visionary in intent and reflects donors Diana and James Ramsay’s aim “to support and encourage contemporary Australian artists to make their best work at a pivotal point in their career”. And it has done just that.

It commenced in 2017. Vincent Namatjira, who was awarded the prize in 2019, proceeded to win the Archibald Prize. Kate Bohunnis (2021) and Ida Sophia (2023) attribute winning the Ramsay to being career changing.

Strong work on show

There is much strong work across a range of media areas on show in this year’s exhibition.

Installation view: Ramsay Art Prize 2025 featuring Alfred Lowe’s You’ve been on my mind, sister, Art Gallery of South Australia, Adelaide.
Photo: Saul Steed

Arrernte artist Alfred Lowe’s ceramic sculptural figures are adorned with bright pink raffia skirts. But beneath the colour and whimsy and contrasting materials is an exploration of his conflicted First Nations world of Central Australia and its charged politics.

Tom Polo’s brightly coloured abstract and gestural paintings of fragmented and exaggerated forms suggest human vulnerability and the fluidity of daily life.

Installation view: Ramsay Art Prize 2025 featuring Tom Polo’s learning to leave (once, and again), Art Gallery of South Australia, Adelaide.
Photo: Saul Steed

Bridie Gillman’s evocative Pink room, pink womb painting is a double-sided triangular installation which references ideas of place and belonging.

It was produced in response to staying in an 18th century bedroom with pink walls in Portugal. The dramatic colour changes she observed according to the light conjured up notions of a deep maternal presence. She invokes this in her changing shades of pink on the canvases and base, accompanied by a subtle soundscape by Reuben Schafer.

Shireen Taweel’s meticulous suspended copper objects delve into matters astronomical, the contribution of a Persian polymath’s foundational work in trigonometry and the precision required to locate stars and other celestial bodies.

She emulates that precision in her intriguing copper installation, Al-Tusi preferred to rely on perfect circles instead, as an instrument of astronomical observation. Her pierced motifs in the copper are informed by precise calculations.

Installation view: Ramsay Art Prize 2025 featuring Jason Phu’s the deepest love in the deepest well of despair and Shireen Taweel’s Al-Tusi preferred to rely on perfect circles instead, Art Gallery of South Australia, Adelaide.
Photo: Saul Steed

Chinese-Australian artist Jason Phu draws on his cultural heritage in his large painting. Comic-like figures enact a narrative across time, as occurs in more serious Chinese Scroll paintings.

Phu inverts the tradition, adds a vernacular touch, and oscillates between humour and grim despair. His central figure in red enacts the text above: “the deepest love, the deepest despair”.

David Attwood’s whimsical kinetic sculptural assemblage featuring a motorised house cleaning sponge harks back to the wacky idea of a self-cleaning house, and touches on the gendered nature of housework.

Liam Fleming was schooled in the refined precision and techniques of making production line glass. Here, his slumped glass sculptural work come from his “letting go” of this exactness.

Installation view: Ramsay Art Prize 2025 featuring Liam Fleming’s Transitory Series, Art Gallery of South Australia, Adelaide.
Photo: Saul Steed

Greek-Australian queer artist and designer Jordon Gogos’ impressive large tapestry, Time Machine, is made from repurposed and recycled textiles, and explores memory and identity.

His deft mix of chance and design – and extending the possibilities of fabric itself by layering, embroidering and felting – produces a compelling and playful piece.

These are just eight of the artworks on show in which the experimentation, range, diversity and rich cultural mix point to a vibrant contemporary art scene.

What’s left unsaid

But of the 22 finalists – a veritable who’s who of the contemporary art scene – only one artist reflects on war in a world beset by conflict.

Ukrainian-born Stanislava Pinchuk is currently Australia’s official war artist in Ukraine. Her moving image work, Theatre of war, focuses on three such “theatres”: the siege of Sarajevo, the war in Ukraine, and Homer’s account of the Trojan war in the Iliad.

Installation view: Ramsay Art Prize 2025 featuring Stanislava Pinchuk’s The Theatre of War, Art Gallery of South Australia, Adelaide.
Photo: Saul Steed

But where is the bravery of earlier Ramsay entries such as Hoda Afshar’s moving photographic portraits of our courageous whistleblowers in Agonistes, shown in the Ramsay Art Prize exhibition of 2020?

There were close to 600 entries this year, so it seems odd that no-one else was selected for the final cut whose work had overt political content such as the war in Gaza.

The Ramsay Art Prize 2025 is at the Art Gallery of South Australia until August 31.

Catherine Speck has received funding from the ARC to investigate Australian art exhibitions (with Joanna Mendelssohn, Catherine De Lorenzo and Alison Inglis).

– ref. Jack Ball wins the Ramsay Art Prize among a who’s who of Australian young contemporary artists – https://theconversation.com/jack-ball-wins-the-ramsay-art-prize-among-a-whos-who-of-australian-young-contemporary-artists-257326

MIL OSI Analysis – EveningReport.nz –

June 5, 2025
MIL-OSI Australia: Payments System Board Update: June 2025 Meeting
Source: Airservices Australia

At its meeting today, the Payments System Board discussed a number of issues, including:
- ASX’s response following the CHESS batch failure incident in December 2024. The Board discussed ASX’s response to the RBA’s out-of-cycle assessment of ASX Clear and ASX Settlement, which required ASX to set out how it would strengthen resourcing and implement contingency arrangements for CHESS. The response did not address key parts of the issues raised in the assessment and provided insufficient detail on ASX’s plans to remediate these issues. The RBA has taken further steps to obtain this information and has now received additional details. The Board requested the staff to continue exploring regulatory options on resourcing for current CHESS and to ensure CHESS Replacement is designed with an appropriate level of resilience for critical financial market infrastructure.
- Financial market infrastructure regulatory reforms and resolution planning. The Board welcomed progress in operationalising powers to prevent or resolve a crisis at an Australian clearing and settlement facility. The Board endorsed a public consultation on guidance that will provide stakeholders with information about when and how the RBA would generally expect to exercise its crisis resolution powers. The public consultation is expected to commence shortly.
- The safety and resilience of Australia’s real-time gross settlement system. The Board received an update on progress against the recommendations from the March 2024 Assessment of the Reserve Bank Information and Transfer System (RITS). The update covered key areas of oversight focus, such as change management and cyber resilience, as well as updates regarding the RBA’s uplift in risk management and culture, IT controls framework, and the operating model for RITS. The Board acknowledged that while meaningful progress has been made, it is unlikely that these improvements will take full effect by the next assessment of RITS, which is scheduled for March 2026.
- Review of merchant card payment costs and surcharging. The Board discussed various policy options stemming from its review into card payment costs and surcharging aimed to promote the public interest by supporting competition, efficiency and safety in the payments system. The RBA expects to release a consultation paper in July, which will seek feedback on the Board’s preliminary conclusions and draft revisions to the RBA’s standards.
- Improving security, efficiency and competition for online card payments. The Board welcomed the Standard for Payment Service Provider Porting of Merchant Payment-Related Data (the Standard), developed by AusPayNet in consultation with industry. The Standard details a common set of requirements for the transfer of customer payment data between providers, to support merchants switching providers, including to access better payment plans. The Board expects industry participants to comply with the Standard by 1 July 2026. This is consistent with the RBA’s previously issued Expectations for Tokenisation of Payment Cards and Storage of PANs, which is aimed at improving security, efficiency and competition for online card payments.
- ATM Access Regime. The Board approved minor amendments to the ATM Access Regime to accommodate a change in the way the associated ATM Access Code is administered by industry.
- Amendment to the RBA policy on conflicts of interest to support constructive engagement with the payments industry. The Board approved an amendment to the RBA’s policy on Managing Potential Conflicts of Interest Arising from the RBA’s Commercial Activities to allow staff from Payments Policy Department and Banking Department to simultaneously observe and/or participate in industry committees or working groups with broad representation. This will enable staff to identify payments policy issues early and encourage industry to voluntarily put in place solutions that achieve the RBA’s public interest objectives.
MIL OSI News –
June 5, 2025
MIL-OSI New Zealand: Space scholarships for seven university students

Source: New Zealand Government

Seven university students have been awarded New Zealand Space Scholarships to intern at the Jet Propulsion Laboratory (JPL) in California, Space Minister Judith Collins announced today.

“This is a once-in-a-lifetime opportunity for these incredibly capable students. They will gain invaluable experience working on projects alongside scientists and engineers who are part of world-leading NASA missions,” Ms Collins says.

“These three-month internships will equip them with real-world skills to kick-startexciting careers in New Zealand’s fast-growing space industry.”

The students, Asif Rasha (Auckland University of Technology), Shivam Desai (University of Auckland), Felix Goddard, Jack Patterson (University of Canterbury), Mark Bishop, Sofie Claridge and Taran John (Victoria University of Wellington), received their scholarships at a ceremony today.

The students will work on projects across the space spectrum, from deep space communication, the Big Bang and the early universe, to mission analysis.

“These scholarships, along with the Prime Minister’s Space Prizes, help us encourage the next generation of talent to ensure we have an aerospace-capable workforce. This is a key part of our plan to double the size of our space and advanced aviation sectors by 2030,” Ms Collins says.

“Last month I released an economic report that shows New Zealand’s space and advanced aviation sectors are thriving – growing by 53 percent in the five years to 2024. The space sector contributed $2.47b to the economy in the 2023-24 financial year, while the advanced aviation sector, which overlaps with the space sector, contributed $480 million.”

More information about the 2025 NZ Space Scholarship recipients and the projects they’ll work on is available on the MBIE website.

Applications are open now for the 2025 Prime Minister’s Space Prizes, which recognise and encourage innovative expertise through the Professional Excellence category and the Student Endeavour category.

MIL OSI New Zealand News –

June 5, 2025

Category: Australia

National Drought Group meets after driest spring in 132 years

Share this page

Updates to this page

What is a no confidence motion?

What is happening in Tasmania?

So how did it play out?

What happens now?

Stronger competition for Qantas?

Better services

International departures

Why now?

Moving forward

The quarter in numbers

Ransomware

The quarter’s trends and highlights

Law enforcement success

Vulnerabilities and attacks, BYOVD, and EDR bypassing

Other developments

The most prolific groups

Number of new modifications

Number of users attacked by ransomware Trojans

Attack geography

Top 10 countries and territories attacked by ransomware Trojans

TOP 10 most common ransomware Trojan families

Miners

Number of new modifications

Number of users attacked by miners

Attack geography

Top 10 countries and territories attacked by miners

Attacks on macOS

TOP 20 threats to macOS

Geography of threats to macOS

TOP 10 countries and territories by share of attacked users

IoT threat statistics

TOP 10 threats delivered to IoT devices:

Geography of attacks on IoT honeypots

Attacks via web resources

Countries and territories that serve as sources of web-based attacks: the TOP 10

Countries and territories where users faced the greatest risk of online infection

Local threats

Countries and territories where users faced the highest risk of local infection

Grand ambitions

Truth telling

A blurry line

A changing legal climate

What does it mean for principals?

Expelling kids should be a very last resort

A region in trouble

The changing nature of land-clearing

What should be done?

Why use GPs?

How can GPs ask men about potential violence?

How are men likely to respond?

Difficulties for GPs

Men find websites and apps useful

GPs need training and funding for this work

The Ramsay Prize

Strong work on show

What’s left unsaid