Your noon Briefing: Local stocks surge to fresh all-time record

Your 2-minute digest of the day’s top stories.

Hello readers. Marise Payne announces US Navy to spend $300m on Darwin, and Aussie stocks are holding at record levels.

Admiral Craig Faller, commander of U.S. Southern Command, speaks with the news media following a commissioning ceremony for the U.S. Navy's guided missile destroyer, the USS Paul Ignatius, Saturday, July 27, 2019, at Port Everglades in Fort Lauderdale, Fla. (AP Photo/Lynne Sladky)

US to spend $300m on Darwin

Marise Payne has confirmed the US military is set to spend more than $300 million in Darwin on naval construction.

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Pedestrians walk past the ASX Ltd. exchange centre in Sydney, Australia, on Thursday, Feb. 14, 2019. “We made good progress on our core initiatives across the period, including the program to replace CHESS with distributed ledger technology; upgrade of our secondary data centre to strengthen market resilience; and restructure of our Listings Compliance team to enhance the quality of market oversight,” ASX Chief Executive Officer Dominic Stevens said. Photographer: David Moir/Bloomberg

Stocks hold record levels

The Australian market is holding above its 2007 record thanks to strength across the bourse.

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ALP: Lift public service pay

Labor’s financial services spokesman calls on Scott Morrison to increase public sector pay to stimulate the economy. Keep up with the latest from parliament in our live blog, PoliticsNow.

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Canada murder manhunt British Columbia

Police baffled as teen suspects vanish

Locals warned to “lock your doors” as the hunt for two suspected killers comes up empty in Canada.

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Kidspot May22 10 foods to boost immunity. Yoghurt

All Greek to me: know your yoghurt

A new study found yoghurt cut the risk of pre-cancerous growths. But does it matter what kind?

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NEW DELHI, INDIA - SEPTEMBER 5: Waste picker in Ghazipur on September 5, 2017 in New Delhi, India. Having failed to find a place for disposing the garbage in east Delhi, the municipal corporation on Monday decided to continue dumping garbage at Ghazipur landfill site. This is despite Lieutenant Governor Anil Baijal ordering an immediate stop on dumping waste at the landfill after a part of it collapsed on September 1 killing two persons. (Photo by Ravi Choudhary/Hindustan Times via Getty Images)

The long read: No more treasure in trash

Changes in the world’s rubbish industry are being felt at the very bottom of society, write Eric Bellman and Vibhuti Agarwal.