Tony Abbott to become new Liberal party president in former PM's return to political frontlines | Tony Abbott | The Guardian: The federal presidency is an unpaid role that oversees the party's administrative wing and campaigning infrastructure, working at arm's length from the parliamentary party and typically away from the media spotlight. But moderate Liberals have said they fear Abbott will use the role to act as a de-facto leader, pulling the party further to right on issue such as immigration and creating drama and distraction for Taylor's parliamentary team. The Mad Monk fancies a return to power, you just know it.
One Nation sets combative tone in South Australia, but tougher political tests await - ABC News: Mr Virgo and Mr Bernardi were on completely different sides of the marriage equality debate in the 2010s. In March, Mr Bernardi stood by his comments 14 years ago linking gay marriage to bestiality. But Mr Virgo was keen to emphasise that different views are tolerated within One Nation. "Nobody agrees with anybody 100 per cent of the time, but, as Cory Bernardi has said, we are united by common sense and putting Australians first," he said. Virgo has to be trolling PHON, surely?!
Why rugby league needs State of Origin to save a lost NRL season - ABC News: There are too many all-time numbers, too much history being made and too many parallels to the last time the NRL sacrificed a season on the altar of set restarts for any of this to be a coincidence. The set restart/six more rule has created ridiculous blowout scores. Suits the bookies I'm sure, but fans don't like it.
The AI Bubble — No One's Happy: J.P. Morgan, modeling what the buildout would need to earn to clear a ten percent return on current capital expenditure, arrived at roughly six hundred fifty billion dollars per year in AI-sector revenue [...] The current run-rate is about twenty-five billion. The gap is twenty-six-fold. Goldman Sachs’ chief economist concluded that AI had contributed “basically zero” to U.S. economic growth in 2025 and observed that “FOMO, not ROI, is driving hyperscaler capex.” Whether you are pro AI or not, the financial context does not make sense.
Demand Is Booming for New No Tech, Repairable Tractor: The secondary market for decades old, low-tech John Deere tractors has been booming for years as farmers have sought reliable tractors that they can actually fix without having to deal with John Deere's repair monopoly. A Canadian company has seen that demand and came up with a radical thought: What if they made a new, repairable, “no-tech” tractor to solve what has become a gigantic pain point for farmers?
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