Markets & Rates: Oil prices surged and bond yields jumped, dragging the ASX into a fresh risk-off mood as investors brace for more rate pressure. Housing Watch: Spring auction activity picked up but remains subdued, while WA affordability hit record lows with repayments taking a bigger slice of income. Jobs & Industry: Whyalla’s blast furnace is being shut for good, putting about 500 jobs at risk, as leaders push transition support. Regional Health: Queensland is restarting birthing services in Biloela and Cooktown after years of bypass, restoring local maternal care. Transport Crackdown: Queensland police shredded 466 illegal e-bikes and scooters in the first haul under tougher e-mobility laws. AI & Sovereignty: Andrew Hastie warned Australia risks becoming a “supplicant state” without a sovereign AI frontier model. International Tragedy: Bali police are investigating the deaths of an Australian man and his two children found in a Kuta bungalow. Wildlife Disease: SA confirmed H5N1 bird flu in a pelican, with more cases reported across the state. Sport: Jordan Petaia returns to the Wallabies squad for the South Africa tests in Perth.