Australians are currently sitting on more than $2.7 billion in lost or unclaimed money.

The Australian Securities and Investments Commission (ASIC) is urging people to spend a few minutes checking if they are eligible for a portion of the cash.

The sum includes money owing from old bank accounts, shares or insurance policies.

READ MORE: 'That is just so unfair': Boost Juice founder lashes budget tax reform

The money is often lost because people lose contact with financial institutions or investment companies after moving house, changing their name or simply forgetting about an account over time.

In some cases, the money has remained unclaimed for decades, with records dating back to the 1950s.

The single biggest amount still unclaimed is $1.3 million.

To check for unclaimed money, people can simply type their name into ASIC's MoneySmart website.

There is no deadline for Australians to make a claim, which means people can search and claim at any time.

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In 1995, mathematician Jim Miekka coined a phrase for an economic indicator that could signal a recession.

Named for the doomed zeppelin, the Hindenburg Omen is supposedly triggered right before a stock market crash.

And on the New York Stock Exchange and the Nasdaq overnight on Friday, the Hindenburg Omen was triggered simultaneously.

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The indicator is when one side of the stock market is soaring while others are at record lows, AMP Economist My Bui told nine.com.au.

"If the economy is running well, then most of the components, or most of the stocks that are making up the index should actually all go up," Bui said.

"Else it might not be a sustainable rise."

Right now AI companies and other technology businesses are doing incredibly well on Wall Street.

Meanwhile, health care and telecommunications are struggling.

Right now the US share market is surging while consumer confidence is at a record low – a trend economists don't believe to be sustainable.

But the Hindenburg Omen is far from a guaranteed indicator of a looming crash.

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While it has predicted just about every Wall Street crash in the past few decades, it has also forecast dozens more crashes that never happened.

The omen would have been triggered 69 times since 1965 – and there have not been 69 stock market crashes since then.

Brokers have been unfazed by the omen being triggered this time around.

The S&P 500 Index hit a new record high overnight, up nearly 57 points.

So what are the chances of a stock market crash?

"It's never zero, and I do think it's higher than the historical average," Bui said.

"But I think that if there's a big decline in shares, like, say, 10 per cent or more, then Trump would do something substantial to boost it up again."

The ASX200 has followed Wall Street up this morning.

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Multimillionaire Boost Juice founder Janine Allis has criticised the federal budget's tax changes, saying they are "just so unfair".

In a social media video, the typically apolitical Allis said Labor's decision to wind back the capital gains tax discount and grandfather negative gearing would "destroy the core of what Australians are".

"I would put my house on the line, I put everything on the line, and then I work my absolute butt off, risk everything, be away from my family, etc," she said.

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"To eventually make a profit and give nearly half to the government?

"Oh my god, that is just so unfair. It doesn't allow you to get ahead, it doesn't inspire you to actually take the risks that you need to take."

The government broke an election promise by moving to replace the capital gains tax discount with a less generous inflation-linked rate and a minimum 30 per cent rate.

Negative gearing will be limited to new builds and no longer apply to any existing properties bought after 7.30pm on May 12.

Both policies are commonly used for property, but the capital gains tax discount can apply to most capital assets, like managed funds, while negative gearing can apply to other income-producing assets like shares.

Allis said she believed the changes would kill ambition to start a business and ward off investment from global businesses.

READ MORE: Aussie capital set for year's biggest soaking this weekend

"If you tell people on election that you're not going to be touching their negative gearing and capital gains tax, you have to stick with it," she said.

"The reason being is people make decisions in business based on what you tell them. If you don't tell the truth or change your mind, it's too big of a decision.

"I might have misunderstood it, I hope I have, it's not passed but if it does, the unintended consequences of this is horrific." 

Allis is one of the country's most successful self-made entrepreneurs after founding the Boost Juice chain in 2000.

It went on to become a global empire with more than 850 stores across the world.

Allis is the part-owner of Retail Zoo, which is the holding company for Boost Juice, Betty's Burgers and Salsas Fresh Mex.

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A vote in the US House of Representatives that would have forced Donald Trump to immediately end America's war with Iran has ended in a tie.

Three Republicans crossed the aisle to vote with 209 Democrats on a resolution directing the president "to remove the United States Armed Forces from hostilities against the Islamic Republic of Iran".

One Democrat and an independent joined the remaining 210 Republicans to vote no.

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A tied vote in the House means the resolution did not pass.

The three House Republicans who crossed the floor this morning are all facing tight re-election races in November's looming elections.

Earlier this week, Trump lost the support of another Republican in the Senate.

Lisa Murkowski voted against the war for the first time, alongside two other Republican opponents.

Her switch meant legislation to end the war in the upper house failed by two votes.

If the resolution passed both houses, Trump would have no choice but to end the US blockade of the Strait of Hormuz and cease all hostilities with Iran.

The handful of defecting Republicans in a narrowly held Congress should be cause for concern for Trump.

In previous wars, Congress had a habit of rallying around the flag to support it. 

The declaration of war on Japan in 1941 passed the House 388 to one, and in the Senate 82 to zero.

The vote was held an hour after President Franklin Roosevelt's "day that will live in infamy" speech.

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But Trump has done very little to convince the American people of the value of the war with Iran.

Democrats are tearing into Trump over the war and its cost.

"It's been 76 days since Trump launched his illegal war in Iran, and the Administration is still refusing to share with Congress or the public an official legal rationale for the conflict—all while pushing for $US1.5 trillion ($A2.08 trillion) for the Pentagon," Senator Tim Kaine said. 

"Everything about that is ridiculous."

Congresswoman Pramila Jayapal described the war as "senseless".

"Billions of taxpayer dollars wasted. Thousands of lives lost. Soaring energy prices," she said.

"That's what Republicans just voted for."

While the president is the commander-in-chief of the US military, only Congress has the authority to declare war.

They also have the power to fund the war, which has cost the Pentagon an estimated A$40 billion so far.

Because Congress did not authorise the war, the costs of it are being pulled from the general Pentagon budget.

The Wall Street Journal reported today that the Pentagon will have to cancel training exercises and other spending because so much money is being diverted to the war with Iran.

READ MORE: The motley crew of billionaires tagging along on Trump's China visit

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The name of a chronically-misdiagnosed disorder which impacts an estimated 500,000 Australian women will be officially changed after almost a century.

In a landmark win for reproductive health advocates, Polycystic Ovary Syndrome (PCOS) will instead be globally recognised as Polyendocrine Metabolic Ovarian Syndrome (PMOS).

Melbourne woman Lorna Berry was belatedly diagnosed with what is now known as PMOS at age 32, almost two decades after she first developed symptoms as an teen.

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She was part of the Australian contingent that spent 14 years calling for the name change.

"It is a long time between 13 and 32, but nobody questioned it. There were no serious questions, and I wasn't diagnosed until after I had my first child," Berry told Nine.com.au.

"This isn't for me, but my daughters and their daughters, and the women that haven't even been born yet.

"With the introduction of the word metabolic, it sort of eliminates the confusion around the origin of it and the management."

Since PCOS was first coined as a medical term in 1935, diagnosis and treatment has been centred around the ovaries and cysts.

But nearly 100 years of medical progress has found the hormonal or endocrine disorder can severely affect multiple parts of the body, not just the ovaries.

Do you have a story? Contact reporter April Glover at our breaking newsletter here

A group of Australian passengers who were aboard the Hantavirus-infected MV Hondius cruise ship are finally en route home.

A repatriation aircraft carrying four Australian citizens, one permanent resident and one New Zealand citizen tonight departed the Netherlands for Australia.

They have all tested negative for hantavirus and are being accompanied by medical professionals. 

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The passengers were due to arrive at RAAF Base Pearce, about 35 kilometres north of Perth, about 11am (1pm AEST) on Friday.

All flight passengers and crew aboard the charter flight will be dressed in full Personal Protective Equipment (PPE) and will follow strict quarantine procedures during the flight and once they deboard.

The group will then undergo a three-week quarantine at a facility at Bullsbrook Centre for National Resilience.

Health officials will then review the arrangement after the three-week period ends.

The World Health Organisation (WHO) recommends a 42-day quarantine.

The Bullsbrook centre was commissioned by the federal government in mid-2021, at the height of the COVID-19 pandemic.

It was one of three such facilities designed to accommodate returning Australians, with a similar 500-bed centre built in Pinkenba, Brisbane, and a larger 1000-bed centre in Mickleham, Melbourne.

Three of the Australian passengers are from NSW and two are from Queensland.

The six passengers were initially told they could spend up to 48 hours transiting through the Netherlands under strict protocols before flying on to Perth.

But authorities struggled to find a country willing to allow the charter plane to stop for refuelling on its way to Perth.

Health Minister Mark Butler could not confirm where the plane would stop for fuel.

He added that although the virus was "very, very rare" and human-to-human transmission was "rarer still", he was still taking a "precautionary approach".

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There are now 11 confirmed cases of Hantavirus, all of which are from passengers or crew members on the MV Hondius.

Three people have died after contracting the deadly, rat-borne illness.

It was the first-ever case of a hantavirus outbreak on a cruise ship, according to Maria Van Kerkhove, WHO's director of epidemic and pandemic preparedness.

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The mother of a former cop who allegedly killed two men has been refused bail, as she faces accusations she attempted to influence a witness in her son's trial.

Coleen Lamarre, the mother of accused killer cop Beau Lamarre-Condon, beamed into Sydney's Downing Centre Local Court from a prison cell on Thursday.

The 63-year-old former police officer has been charged with perverting the course of justice but has not yet entered pleas.

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She wore prison greens and took copious notes with pen and paper as her barrister applied for her to be released on bail.

The application was refused, meaning Lamarre will remain behind bars for two months if she doesn't make a bail application in the state's highest court.

She is accused of attempting to influence a witness in the trial of her son who, like her, previously served as a police officer.

Lamarre-Condon allegedly fatally fired his service pistol at TV presenter Jesse Baird and his flight attendant partner Luke Davies at their inner-city Sydney home in February 2024.

The former police officer bundled their bodies into surfboard bags and dumped them at a rural property in Bungonia near Goulburn, according to prosecutors.

The men's bodies were found eight days later after an extensive search.

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Lamarre-Condon, who briefly dated Baird, has pleaded not guilty to their murders.

He joined the force in 2019 and was the first serving NSW police officer charged with murder in decades.

The then-senior constable was charged and eventually sacked by NSW Police after handing himself in.

He faces two counts of domestic violence-related murder, and aggravated break and enter. His case will return to court later this month.

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The proceedings have become one of the state's most high-profile criminal cases in recent years, with suggestions hundreds of witnesses may be called to testify at trial.

In a previous hearing, Lamarre-Condon said he opposed any orders for a closed court at his trial, adding he "will not be silenced".

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EXCLUSIVE: The operators of Snowy Hydro 2.0 are bracing for a more than 10-fold cost blowout in the mega project that is already running seven years behind the original schedule.

But the federal government remains committed to the renewable energy project, which is now two-thirds complete.

9News visited Snowy 2.0 at an important milestone – the breakthrough of tunnel boring machine (TBM) Eileen into a cavern deep underground, completing her six-kilometre section of the tunnelling task.

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TBM Florence, which infamously got stuck for 11 months just 150 metres into her dig, is now seven kilometres into her 15-kilometre task, with project director Dave Evans confident she can reach boring speeds of 90 days for every remaining kilometre.

"The logistics of getting deep underground to build such a big power station comes with challenges, and that's what we're here for," Evans said.

"This project that we're building will last 150 years, so it's going to be here for hell of a long time."

All up, 19 kilometres of the project's 27-kilometre tunnels have been bored by the four TBMs.

When completed, Snowy 2.0 promises to be Australia's biggest battery, storing the equivalent of 26 million home batteries by using excess solar and wind energy to pump water into the upper Tantangara reservoir for release when power is needed.

9News visited the enormous cavern nearly one kilometre below the surface that will house a six-turbine generator.

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The 200-metre-long cavern is big enough to fit the Sydney Opera House and at 67 metres tall could comfortably fit the Leaning Tower of Pisa.

But the spiralling cost of Snowy 2.0 remains problematic.

When then-prime minister Malcolm Turnbull announced Snowy Hydro 2.0 in 2017, it was given a price tag of $2 billion and a completion date of 2021.

The projected cost escalated to $6 billion, then lifted to $12 billion in 2023, with Snowy Hydro chief executive Dennis Barnes conceding this figure will be exceeded and the completion date pushed back to late 2028.

"We're not going to get it done for $12 billion so we've asked our contractor to do a line-by-line assessment, which they're due to complete in the next couple of weeks," Barnes said.

9News understands the project's latest price tag will be about $22 billion – 11 times the original estimate.

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Barnes defended the blowout, saying the project was "one of the most complex engineering projects underway in the world" that demanded millimetre precision in a remote part of Kosciuszko National Park.

"The announcements in the early days were all pre-feasibility stage," he said.

"Obviously, as you do more, you learn more. And progressively, over the last 10 years or so, we've gone through a few stages where we've understood more.

"Although there was the famous $2 billion by 2021 announced, no work had been done at that point.

"When we got to about 40 per cent of the way through the project, three years ago, we reset the project. We said when it was going to finish, and we said how much it was going to cost. Now, some of those have proven wrong, but until you do the work, you don't really know."

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One of the major financial pressure points for the project is labour and associated logistical costs such as fly-in fly-out arrangements, accommodation and meals.

Workers on the TBMs are paid more than $300,000 under two weeks on, one week off arrangements.

Last week, Finance Minister Katy Gallagher said the Albanese government was committed to the project, notwithstanding the fact that the "incoming government had to deal with the consequences of that poorly scoped, poorly designed project".

"It is a huge, massive infrastructure undertaking and it has encountered several challenges that were not understood at the point that that project was approved by the former government," she said.

"We're working through all of those issues, as you'd expect."

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Angus Taylor will hand down his budget reply, with the centrepiece being a migration-led policy that ties the nation's net intake of immigrants to the amount of new houses that are built.

As Donald Trump landed in Beijing this morning, he brought along an entourage of family, business leaders and billionaires.

Put together, the group aboard Air Force One had a combined net worth of well more than a trillion dollars.

Elon Musk is joining the delegation despite an order from a judge that he be ready to be recalled to testify in a civil case between himself and tech company OpenAI.

READ MORE: Trump claims key topic off agenda as 'two superpowers' meet in Beijing

NBC News reported Musk did not get permission from the judge to leave the country as the trial continues.

As a consequence, the Tesla CEO could find himself in serious trouble if he is called to take the stand again and he doesn't show up.

Also on the trip are bosses of Apple, Boeing, Meta, Mastercard, Visa, Goldman Sachs and Micron, as well as many others.

And NVIDIA CEO Jensen Huang was a last-minute invitee, boarding Air Force One as it refuelled in Alaska.

In a Truth Social post, Trump lashed reporting from CNBC that stated Huang had not been invited.

"In actuality, Jensen is currently on Air Force One and, unless I ask him to leave, which is highly unlikely, CNBC's reporting is incorrect or, as they say in politics, FAKE NEWS!" Trump said.

It is not apparent if CNBC reported the purported snub before or after Huang was added to the guest list.

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In his post, Trump made it clear why the leaders were joining him in China.

"It is an Honour to have Jensen, Elon, Tim Apple, Larry Fink, Stephen Schwarzmann, Kelly Ortberg (Boeing), Brian Sikes (Cargill), Jane Fraser (Citi), Larry Culp (GE Aerospace), David Solomon (Goldman Sachs), Sanjay Mehrotra (Micron), Cristiano Amon (Qualcomm), and many others journeying to the Great Country of China where I will be asking President Xi, a Leader of extraordinary distinction, to 'open up' China so that these brilliant people can work their magic, and help bring the People's Republic to an even higher level! In fact, I promise, that when we are together, which will be in a matter of hours, I will make that my very first request," he wrote midflight.

Trump once again referred to Apple CEO Tim Cook as Tim Apple, a gaffe he was widely mocked for during his first term.

It is not certain whether he was repeating his mistake or making a wry joke with today's misnaming.

The various business leaders will be hoping to be making deals of their own while they are in China.

While it is not unusual for CEOs to tag along on US presidents' foreign visits, this is a particularly big delegation of billionaires.

READ MORE: Trump describes the White House as 's—' in speech

But Trump has a long history of surrounding himself with business titans. 

At his second inauguration, billionaires like Mark Zuckerberg, Elon Musk and Jeff Bezos were given front-row seats, in front of Trump's own cabinet.

The US delegation will be hoping to restore profitable relationships with China after a major falling out between the two countries.

Trump's Liberation Day tariffs led to a chilling of relations with China.

Last year, Chinese purchases of American exports dropped by 25 per cent. Chinese spending on American products has halved since 2017.

The US delegation will be hoping to see China buy more of their planes and agricultural equipment.

China, meanwhile, is seeking for the US to open up their market to their electric cars.

Musk may want to be close to Trump during the trip to make sure that doesn't happen.

Despite their successes in the EV market elsewhere, including Australia, Chinese EVs are prohibited from the US.

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Also joining the delegation is director Brett Ratner, who will reportedly scout locations for the upcoming movie Rush Hour 4.

The disgraced filmmaker was directly asked by Trump to make another sequel of the buddy cop comedy.

Ratner had not directed a movie since 2014, after which he was accused of sexual assault and harassment by six women.

He made his comeback with the documentary Melania this year.

READ MORE: Donald Trump's latest comment will be used against him in November

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