Stocks are rising on Wall Street following a government report showing job growth rose modestly in April.
The Conservative have lost dozens of seats on local councils - a result that suggests the party faces one of its biggest-ever defeats in the upcoming general election.
Private equity executive Nick Speer and wife Camilla have sold their Portsea holiday compound Rovina to Toorak’s Sophie Oh and Grant Rule.
David Rowe is a multiple Walkley award-winning cartoonist. He draws a daily political cartoon and one for the Chanticleer column.