As Sydney continues to battle high Covid-19 case numbers, Melbourne and Adelaide will come out of lockdown from 11:59pm local time tonight
From 11.59pm tonight, Victorians will be able to leave their homes for any reason. Restaurants and cafes can also reopen for seated service. Retail and beauty and personal care will open in line with density limits, as will entertainment venues and community facilities.
Melbourne to lift lockdown restrictions
Premier Daniel Andrews has announced the “cautious” easing of restrictions, in place to limit social interaction while allowing business to reopen.
It follows Melbourne and the state of Victoria recording 10 new Covid-19 infections today, which were all linked to current outbreaks and all quarantining whilst infectious.
This news will be a welcome relief for businesses who have been severely impacted by this fifth lockdown.
“To every Victorian who checked in with our QR system, who got tested and quarantined, and stayed home to slow the spread of this virus, thank you – it’s because of you we’ve able to get on top of this Delta outbreak and open up our state”
Premier Daniel Andrews
The conservative easing of regulations will see hospitality and retail reopen, with strict density limits, but masks will still be required both indoors and outdoors and visitors at home will remain banned.
Public gatherings will be allowed with up to 10 people, with infants under 12 months not included in the cap.
“Today is welcome news but with thousands of Victorians in quarantine, we need to remain vigilant to keep each other safe – so please check in everywhere, every time, wear a mask and get vaccinated as soon as you’re eligible.
Minister for Health Martin Foley
However, due to the significant transmission risk we have seen throughout the pandemic, gatherings in the home are still not permitted. People will only be able to book accommodation with their household, intimate partner or single bubble person.
Live music venues, dance classes and physical recreation facilities, including gyms, will all open with density requirements of 1 person per 4sqm.
“We understand that that will be challenging for people who have not seen family and friends for a couple of weeks now … but we know that this is where transmission occurs.”
Mr Andrews also said there will be no crowds at large gatherings for a few weeks.
“No crowds at large events theatres or those sorts of gatherings for at least two weeks.”
A maximum of 50 people will be permitted at weddings. Funerals will also have a cap of 50 mourners, plus those conducting the funeral.
Health officials say they take “some comfort” in knowing that all cases over the past 48 hours have been in isolation whilst infectious.
Sydney records highest daily covid-19 numbers
NSW has reported 172 new local coronavirus cases on Tuesday, its highest daily case total since the start of Sydney’s current outbreak, with at least 60 infectious in the community.
“My message to everybody is please come forward and get the vaccine,” the Premier said.
“Not only are you protecting yourself but you’re protecting those closest to you.”
Half of Australia’s population in lockdown until midnight Tuesday
Australia’s second-biggest city plunged into lockdown five two weeks ago after an outbreak of COVID-19.
NSW has now recorded its ninth and 10th deaths related to outbreak.
Meanwhile, South Australia’s lockdown is expected to end at midnight but a range of restrictions will remain in place.
Gold prices fall over 2% to below $4,000, as investors shift from safe-haven assets after Gaza ceasefire news.
Gold prices have fallen sharply, dropping over two per cent to below $4,000 per ounce, as investors took profits following the announcement of a Gaza ceasefire agreement. The deal between Israel and Hamas triggered a shift away from safe-haven assets, with silver and platinum also sliding.
The U.S. dollar strengthened as markets responded to the news, making precious metals more expensive for foreign buyers. Analysts say the pullback is likely temporary, with long-term demand for gold and silver expected to remain strong amid global instability and rising debt levels.
Market experts warn that volatility will continue as geopolitical tensions persist, even as short-term optimism grows around the Middle East peace process.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
In Short:
– Gold prices fell over 2% to below $4,000 per ounce due to a stronger dollar and profit-taking.
– Silver eased to $48.93 per ounce, influenced by market activity and ongoing high demand despite supply issues.
Gold prices fell over 2% on Thursday, dropping below $4,000 per ounce. The decline followed a strong rise earlier in the year and was influenced by a stronger dollar and profit-taking after a ceasefire deal between Israel and Hamas.Spot gold decreased to $3,959.48 per ounce, while U.S. gold futures for December delivery settled at $3,972.6.
Silver also experienced a slight decline, easing from its record high to $48.93 per ounce. The dollar index increased, making gold more expensive for overseas buyers.
Traders noted increased activity in the market as profit-taking coincided with reduced tensions in a historically volatile region.
An independent metals trader stated that while gold and silver may need to consolidate further, the underlying demand drivers remain intact.
Market Overview
Gold surpassed $4,000 per ounce on Wednesday, reaching $4,059.05, boosted by geopolitical tensions and strong demand from central banks. The asset has gained about 52% this year, reflecting a significant increase due to various economic factors. The U.S. central bank’s decision to cut rates in September also contributed to the rally, with expectations for future cuts in the coming months.
Silver’s price increase of 69% this year is tied closely to similar economic trends impacting gold. Notably, liquidity issues in the silver market are being exacerbated by strong demand and tight supply conditions. Other precious metals, such as platinum and palladium, also saw declines during this period.
In Short:
– North Korean hackers stole over $2 billion in cryptocurrency in 2025, nearly tripling last year’s total.
– A shift to social engineering tactics has led to increased targeting of high-net-worth individuals for cyber attacks.
North Korean hackers have reportedly stolen over $2 billion in cryptocurrency assets in 2025, setting a record with three months still left in the year.
Data from blockchain analytics firm Elliptic indicates that this amount nearly triples the total stolen last year, accounting for approximately 13% of North Korea’s estimated GDP and raising the regime’s total crypto theft to over $6 billion since 2017.
A significant portion of the 2025 theft is attributed to the February hack of cryptocurrency exchange Bybit, which amounted to $1.46 billion.
The FBI has linked this breach to state-sponsored North Korean hackers, who exploited weaknesses in Bybit’s wallet management system. More than 30 additional cyber attacks have also been associated with North Korea this year, including notable breaches at LND.fi and WOO X.
Shift In Tactics
A shift in methodology among North Korean hackers has been observed, as they now focus on social engineering rather than technical exploits. According to Elliptic, the primary vulnerability lies with individuals rather than technology.
High-net-worth individuals and corporate executives are increasingly targeted due to their relatively weaker security measures.
The hackers utilise deceptive tactics, including phishing schemes and fake job offers, to access private cryptocurrency wallets. Intelligence reports suggest that the stolen funds are used to finance North Korea’s nuclear programmes.
The regime has also improved its money laundering techniques by employing various cryptocurrencies and mixing methods to obscure fund origins. Blockchain analysts are actively tracking these stolen assets, with notable progress achieved in identifying recoverable funds.