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Melbourne announced as host city of 2026 Commonwealth games
The Australian state of Victoria and the city of Melbourne will host the 2026 Commonwealth Games
The opening ceremony of the Commonwealth Games will be held at Melbourne’s MCG, giving a much-needed injection of life back to the city once known for the world’s longest lockdown.
Premier Daniel Andrews said there will be a strong focus on hosting events in regional areas to help boost the economy.
The MCG will host the opening ceremony, however, most events will be hosted in regional hubs.
“This will be a Commonwealth Games like no other. We promised we wouldn’t be doing a re-run of 2006, as successful as that was,” Premier Andrews said.
Four hubs in Geelong, Bendigo, Ballarat and Gippsland will be established each with an athletes’ village. Shepparton will also host a series of events.
Premier Andrews said hosting the games is an opportunity to highlight regional parts of Victoria and invest in sporting infrastructure in those areas.
He thanked the Commonwealth commitee for accepting a bid focusing on reviving the regions.
“I’m sure from their point of view, it’s a bit riskier than just running it in the middle of a large city,” Premier Andrews said.
The Victorian government has estimated prosperous employment opportunities with over 4,000 jobs in the lead-up and throughout the games and another 3000 thereafter.
Minister for Regional Development Mary-Anne Thomas added, “We’ve always known the value of regional Victoria, and the 2026 Commonwealth Games will provide a chance to showcase all we have to offer to the world.”
Negotiations are continuing into commercial deals of the event.
Amanda Gunn contributed to this report
News
Could Trump’s Middle East peace deal reshape the global economy?
Trump’s ceasefire deal between Israel and Hamas may reshape global markets and trigger new economic dynamics.
Trump’s ceasefire deal between Israel and Hamas may reshape global markets and trigger new economic dynamics.
Donald Trump’s latest diplomatic breakthrough — a ceasefire and potential peace deal between Israel and Hamas — could have ripple effects far beyond the Middle East. The former U.S. president is eyeing economic reconstruction opportunities in the region, with energy, infrastructure, and trade set to benefit if stability holds.
Experts say the deal could also influence global oil prices, energy markets, and investment flows, as renewed peace opens the door to new development projects. But it could also trigger volatility if negotiations falter or regional rivalries reignite.
As Trump prepares for further talks with China on trade and critical minerals, economists are watching closely. Could this mark the beginning of a new era of economic détente — or the start of another global power struggle centred around strategic resources?
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Ceasefire holds as families return to Gaza
Thousands of Palestinians return amid fragile ceasefire, as Egypt hosts talks for lasting peace amidst immense destruction.
Thousands of Palestinians return amid fragile ceasefire, as Egypt hosts talks for lasting peace amidst immense destruction.
Thousands of Palestinians are returning home under a fragile ceasefire, as leaders gather in Egypt to discuss lasting peace.
The destruction is immense, but hopes for stability are rising.
#Gaza #Ceasefire #MiddleEast #PeaceTalks #IsraelHamas #tickernews
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Australia rushes to finalise billion-dollar minerals deal with the U.S.
Australia seeks a $1.2 billion minerals deal with the U.S. to reduce reliance on China ahead of Albanese-Trump talks.
Australia seeks a $1.2 billion minerals deal with the U.S. to reduce reliance on China ahead of Albanese-Trump talks.
Australia is racing to secure a landmark critical minerals deal with the United States ahead of Prime Minister Anthony Albanese’s upcoming meeting with President Donald Trump. The agreement, worth an estimated $1.2 billion, aims to strengthen supply chains and reduce both nations’ reliance on China’s mineral dominance.
The deal would see Australia establish a strategic reserve of rare earths, backed by U.S. investment and government funding. Australian miners are being consulted on potential price floors and financing models that could redefine the future of the country’s resources sector.
However, questions remain over the economic risks. Analysts warn that introducing price controls and heavy government intervention could have unintended consequences, especially if China retaliates with tariffs or production cuts. The deal could reshape global competition for critical minerals essential to defence, energy, and technology industries.
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