STARS AND STRIKING METALS: NEW SOUTHERN CROSS COIN CELEBRATES AUSTRALIA IN GOLD
Kanebridge News
    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,753,972 (-0.73%)       Melbourne $1,062,314 (+0.41%)       Brisbane $1,175,991 (+1.10%)       Adelaide $993,595 (-1.57%)       Perth $1,025,778 (+0.53%)       Hobart $809,475 (+2.24%)       Darwin $841,727 (-2.01%)       Canberra $987,577 (+1.04%)       National $1,152,128 (-0.13%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $797,933 (-0.21%)       Melbourne $527,051 (-0.01%)       Brisbane $752,499 (+0.23%)       Adelaide $552,694 (-3.40%)       Perth $572,300 (-2.12%)       Hobart $536,914 (-0.12%)       Darwin $484,035 (+4.13%)       Canberra $487,742 (+1.66%)       National $610,081 (-0.27%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 11,765 (+531)       Melbourne 14,185 (+548)       Brisbane 7,279 (+100)       Adelaide 2,372 (+146)       Perth 5,324 (+46)       Hobart 850 (+5)       Darwin 146 (-3)       Canberra 1,031 (+78)       National 42,952 (+1,451)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,316 (+179)       Melbourne 6,990 (+3)       Brisbane 1,321 (-6)       Adelaide 365 (+19)       Perth 1,159 (+6)       Hobart 169 (+7)       Darwin 239 (-2)       Canberra 1,148 (+16)       National 20,707 (+222)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $580 ($0)       Brisbane $670 ($0)       Adelaide $620 (-$10)       Perth $700 ($0)       Hobart $615 (+$15)       Darwin $780 (+$5)       Canberra $695 (-$5)       National $690 (+$1)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $750 ($0)       Melbourne $590 (-$5)       Brisbane $658 (-$3)       Adelaide $540 (-$5)       Perth $650 ($0)       Hobart $480 (+$8)       Darwin $600 ($0)       Canberra $575 (+$5)       National $615 (-$)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 5,429 (+47)       Melbourne 7,717 (+7)       Brisbane 4,044 (+45)       Adelaide 1,536 (+16)       Perth 2,457 (+53)       Hobart 171 (0)       Darwin 83 (+2)       Canberra 417 (-3)       National 21,854 (+167)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 7,712 (+98)       Melbourne 6,032 (+56)       Brisbane 2,076 (+55)       Adelaide 428 (+21)       Perth 754 (0)       Hobart 73 (+7)       Darwin 160 (+7)       Canberra 654 (-15)       National 17,889 (+229)                HOUSE ANNUAL GROSS YIELDS AND TREND       Sydney 2.37% (↑)        Melbourne 2.84% (↓)       Brisbane 2.96% (↓)       Adelaide 3.24% (↓)       Perth 3.55% (↓)     Hobart 3.95% (↑)      Darwin 4.82% (↑)        Canberra 3.66% (↓)     National 3.12% (↑)             UNIT ANNUAL GROSS YIELDS AND TREND       Sydney 4.89% (↑)        Melbourne 5.82% (↓)       Brisbane 4.54% (↓)     Adelaide 5.08% (↑)      Perth 5.91% (↑)      Hobart 4.65% (↑)        Darwin 6.45% (↓)       Canberra 6.13% (↓)     National 5.24% (↑)             HOUSE RENTAL VACANCY RATES AND TREND       Sydney 2.0% (↑)      Melbourne 1.9% (↑)      Brisbane 1.4% (↑)      Adelaide 1.3% (↑)      Perth 1.2% (↑)      Hobart 1.0% (↑)      Darwin 1.6% (↑)      Canberra 2.7% (↑)      National 1.7% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 2.4% (↑)      Melbourne 3.8% (↑)      Brisbane 2.0% (↑)      Adelaide 1.1% (↑)      Perth 0.9% (↑)      Hobart 1.4% (↑)      Darwin 2.8% (↑)      Canberra 2.9% (↑)      National 2.2% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 27.4 (↑)      Melbourne 27.6 (↑)      Brisbane 28.7 (↑)      Adelaide 25.1 (↑)        Perth 33.7 (↓)       Hobart 26.2 (↓)       Darwin 25.3 (↓)       Canberra 25.6 (↓)       National 27.5 (↓)            AVERAGE DAYS TO SELL UNITS AND TREND       Sydney 27.2 (↑)      Melbourne 28.1 (↑)        Brisbane 26.2 (↓)       Adelaide 23.2 (↓)     Perth 35.1 (↑)        Hobart 23.8 (↓)     Darwin 33.4 (↑)        Canberra 36.1 (↓)     National 29.1 (↑)            
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STARS AND STRIKING METALS: NEW SOUTHERN CROSS COIN CELEBRATES AUSTRALIA IN GOLD

Australia’s night sky has inspired a new high-end bullion collection by ABC Mint, with the debut of a 1oz gold coin honouring the Southern Cross and the nation’s iconic wildlife.

By Jeni O'Dowd
Thu, May 22, 2025 10:57amGrey Clock 2 min

ABC Mint, part of the Pallion group, has unveiled the Southern Cross collection—an elegant new series of investment-grade bullion coins that pays tribute to Australia’s night sky, cultural identity and natural beauty.

The series launches with a 1oz gold coin featuring a detailed engraving of the Southern Cross constellation set above a silhouetted kangaroo and emu—symbols drawn from the nation’s coat of arms. The reverse design, by renowned coin artist Tony Dean, captures the serenity and strength of the Australian outback under a starlit sky.

Designed for both investors and collectors, the coins are part of an open, unlimited edition, ensuring ongoing accessibility. Pricing is based on the market value of the metal plus a modest premium.

Conceptualised by Ross MacDiarmid AO, former CEO of the Royal Australian Mint, the collection is intended as a lasting emblem of Oceania.

“The Southern Cross is more than a constellation—it’s part of who we are,” said MacDiarmid. “This series honours that legacy with the highest standards of craftsmanship.”

Minted in Australian-mined 99.99% gold and 99.95% silver, the coins are ethically sourced and manufactured by ABC Refinery, an LBMA-accredited facility. The full range will roll out in the coming months, with sizes from 1/10oz to 120oz gold and 1 troy ounce silver.

On the obverse, each coin bears the effigy of King Charles III, approved by the authorities in New Zealand and Buckingham Palace. This reinforces the collection’s Oceania connection and global prestige. The coins are legal tender, with face values ranging from NZD $2 to $500.

“This is a landmark release for ABC Mint,” said Andrew Cochineas, CEO of Pallion. “It’s a refined fusion of design, heritage, and precious metal excellence that speaks to both collectors and investors.”

The Southern Cross collection is available exclusively through ABC Bullion. The 1oz gold coin is on sale now at its flagship boutique at 38 Martin Place, Sydney, or online.



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Strong earnings reports briefly helped power the Dow Jones Industrial Average above 47000 for the first time, the latest milestone in stocks’ three-year bull run. The blue-chip average pared gains to close below the mark, but still finished at a record.

With sky-high earnings expectations baked into stock prices, Wall Street has been watching this third-quarter reporting period closely. So far, Corporate America has delivered.

Heavyweights Coca-Cola , 3M and General Motors all reported results that exceeded analyst expectations before the opening bell on Tuesday. 3M shares rose 7.7% to a four-year high, leading the Dow.

GM soared 15% to the highest level since its 2010 post-bailout initial public offering after Chief Executive Mary Barra raised guidance and told analysts the automaker can’t make enough full-size SUVs to keep up with demand.

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A solid start to third-quarter earnings has helped buoy investor sentiment, taking stocks back toward record highs after concerns over trade and credit quality bubbled up earlier this month.

As of last Friday, 86% of companies overshot earnings estimates, according to FactSet. Nearly one-fifth of S&P 500 companies are scheduled to give financial updates over the course of this week.

The S&P 500 was little changed Tuesday, while the Nasdaq composite dropped 0.2%. The Dow rose 0.5% to a record closing level of 46924.74. Treasury yields slipped, with the benchmark 10-year yield closing at 3.962%, its lowest reading since October 2024.

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