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Andy Mathews andy nicelynetwork. A hypersonic 'spaceplane' is being developed in inner Sydney, but the passengers will be gadgets not people. Named Delta Velos, the sleek vehicle will be powered by four green-hydrogen fuelled scramjet engines to send small satellites into orbit.

A broad-based rally on the ASX could be forgotten within hours as Wall Street investors brace for figures which one analyst tipped will show peak inflation. Energy and technology shares were the best performers on Wednesday as the ASX almost recovered losses from earlier in the week. The Biden administration has imposed its first sanctions over North Korea's weapons programs following a series of North Korean missile launches, including two since last week.

The sanctions targeted six North Koreans, one Russian and a Russian firm Washington said were responsible for procuring goods for the programs from Russia and China. Children must return to school to ease Australia's growing workforce crisis, Prime Minister Scott Morrison says. Speaking after national cabinet met on Thursday, the PM insisted schools should not delay the start of the year until after the projected peak of COVID cases, as has been done in Queensland and South Australia.

It is believed Connor Tolson, 21, died before the blaze started in his bungalow at the back of his family's home in Malvern East on September 19, A man allegedly behind a jewellery heist and brutal kidnapping has been extradited to NSW, after an interstate police raid. Officers searched a property in Issacs in the ACT on Wednesday morning, seizing a number of items and arresting the year-old.

A message left for a motorist has sparked anger online. Find out why. Treasury boss Steven Kennedy has warned the nation's leaders one in 10 Australian workers could be be absent at any given time during the peak of Omicron outbreak, and more if schools don't reopen. Dr Kennedy addressed the national cabinet on Thursday as the prime minister, premiers and chief ministers grapple with the highly infectious strain of the coronavirus, which has seen tens of thousands of daily cases and a spike in deaths.

It's alleged the boy stabbed another teenage boy known to him during an altercation. Find out more. The Hillsong's Wildlife Summer Camp is being held as artists across Australia are forced to cancel events due to Covid.

Read more about it here. Credit card spending reached record levels in November, but Reserve Bank figures show using cash is also on the rise, dispelling the myth that Australia is moving towards a cashless society. Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr are facing a lawsuit alleging the celebrities misled investors in their promotion of a cryptocurrency token. The lawsuit, filed on January 7 in Los Angeles federal court, claims the celebrities touted tokens sold by EthereumMax, or EMAX, in order to boost its price and make themselves a profit "at the expense of their followers and investors".

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