Adam Hubac hit a bank and flipped his car, then told police his partner had been driving.

Lifesavers have issued a renewed safety reminder after three people were seriously injured in separate cliff falls across Victoria since Friday.

A man in his 20s was winched from The Pillars in Mount Martha after a fall around 5.15pm yesterday.

Paramedics treated him at the scene for serious injuries and he was airlifted to the Royal Melbourne Hospital last night.

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Just a few hours later, around 8.30pm, high-angle rescue specialists rescued a teenager after he plummeted 40 metres from a cliff edge at Half Moon Bay in Black Rock.

He was extricated from the cliff face and lowered onto the beach, where an ambulance transported him to The Alfred hospital in a stable condition.

On Friday, emergency services were called to Beaumaris, next to Black Rock, around 1.15pm after a woman fell from a cliff.

The woman, aged in her 30s, was rescued by firefighters and rushed to The Alfred in a critical condition.

The rescues come as Victorians continue to flock to beaches, sparking a renewed safety message from Life Saving Victoria.

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"It can be inviting to go to these secluded locations, but we do know that this is where people are most often getting into danger," Life Saving Victoria's Dr Bernadette Matthews said.

"Tragically we have found that this has resulted in deaths that have occurred and also tragic injuries as well, spinal injuries that really cause that long-term impact for people."

Matthews urged beachgoers to only visit water areas that were patrolled by lifesavers.

"We know that with this warmer weather and over the summer period, people are really looking at those different locations ot go and recreate around," she said.

"It can be really enticing to follow that latest social media trend, but really that is not worth the cost of a life."

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Police refer incident to Independent Police Conduct Authority.

A new report has found the average Australian billionaire saw their wealth rise by almost $600,000 per day in 2025, while one in three households faced food insecurity.

Oxfam Australia, a branch of the global charity organisation, found that 48 billionaires held more wealth than the bottom 40 per cent – almost 11 million people of Australia's population of 27 million.

And their wealth only increased last year, growing a collective $10.5 billion.

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Mining magnate Gina Rinehart was the richest person in Australia last year with $38.1 billion, followed by property developer Harry Triguboff with $29.6 billion, recycling businessman Anthony Pratt with $25.8 billion, co-founder of software company Atlassian and investor Scott Farquhar with $21.4 billion and mining tycoon and former politician Clive Palmer with $20.1 billion, according to the Australian Financial Review's 2025 Rich List.

Triguboff, for example, had a wealth increase equivalent to the amount needed to build 10,600 new homes.

The latest analysis is in line with a global trend that saw the world's 3000 billionaires' wealth rise 16 per cent to $27.7 trillion last year – the highest level in history.

Tech billionaire Elon Musk, the richest person in the world, became the first to briefly surpass half a trillion dollars and is on track to be the first trillionaire.

Meanwhile, more than 3.7 million people live in poverty in Australia, according to Oxfam.

One in three households was found to have faced food insecurity last year, which meant they either stressed about or struggled to put food on the table.

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Oxfam Australia chief executive Jennifer Tierney said rising billionaire wealth exposed a failing system.

"While millions of Australians are cutting back on essentials, struggling with soaring rents and mortgages, and watching global crises like conflict in Yemen, Sudan and Syria receive dwindling humanitarian support, Australia's billionaires are accumulating extraordinary wealth at extraordinary speed," she said.

"The gap between those doing it toughest and those benefiting most is stark, and well evidenced."

Oxfam called on the Australian government to reduce the gap by reforming the tax system to effectively tax billionaires, including ending the capital gains tax discount and phasing out negative gearing.

Greens treasury spokesperson, Nick McKim, who is chairing a Senate inquiry into the capital gains tax discount, agreed that Labor needed to make billionaires pay their fair share.

"The Oxfam report shows exactly what's broken in our economy," he said.

"While renters and working people are doing it tough, billionaires are pocketing more than half a million dollars a day, turbo-charged by tax breaks like the capital gains tax discount.

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"Ending handouts to the extreme wealthy would free up billions for housing, cost-of-living relief and the services Australians rely on."

Research by national housing campaign Everybody's Home has found the federal government was losing tens of billions of dollars each year in forgone revenue through negative gearing deductions and the capital gains tax discount.

NSW Treasury, in a submission to the inquiry, called for the federal government to review the capital gains discount as it was found to have a damaging effect on housing affordability and home ownership and was disproportionately skewed to benefit the rich.

But federal Treasurer Jim Chalmers has ruled out any changes to negative gearing or the capital gains tax discount after Labor's promises of tax reform cost the party at the 2016 and 2019 elections.

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Crowds have had to be turned away as the new Sydney Fish Market finally opened its doors today.

Lines of people were seen snaking out the door for the opening of the city's new attraction, which cost $836 million to build.

People have reportedly been told they must wait in line to get into the building – even if they have a booking at one of the restaurants – or come back later when the crowds have died down.

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It is now the largest seafood market in the Southern Hemisphere, with 42 retailers and 19 seafood wholesalers, although its opening has been delayed by many years.

Proposed in 2018, it was supposed to open in 2023 with a price tag of $250 million.

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Around six million people are expected to visit the market each year, with NSW Premier Chris Minns saying he believed it would appeal to everyone.

"While foodies will travel far and wide, I think it's really important that this market will still cater for local families who just want to come down with the kids to have some fish and chips on a hot summer afternoon," he said.

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"Whether you're coming here for caviar, or crab sticks, or some kind of exotic platter, this place will have something for everybody."

The building sits on Blackwattle Bay next to the old Sydney Fish Market in Glebe.

The trading hours for the general public will be 7am to 10pm on weekdays, extending to midnight on Friday and Saturday.

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About 60 iwi, whānau and staff gathered this morning as the rāhui was placed.

An Ōakura local measured 289mm of rain on Sunday, the worst deluge in more than 40 years.

Trump plans a 10% tariff on eight US allies from February 1 over Greenland.

Police say the shooting on Arthur St about 11am on Friday was a targeted incident.

OPINION: The Prime Minister dialled down the ambition in his year-opener.