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Family Mourns Steven Mattaboni, 38, Killed in Shark Attack Off Rottnest Island

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Great White Shark

PERTH, Australia — Loved ones of Steven Mattaboni gathered on a beach near Rottnest Island on May 22, 2026, to pay tribute to the 38-year-old father of two who was killed in a shark attack while spearfishing the previous Saturday.

Mattaboni was bitten on the legs by a four-meter great white shark. He died from his injuries.

His best friend of more than 30 years, Liam Thomas, spoke publicly for the first time since the death. “Steve had two great loves: his first great love was the ocean and he was a really talented fisherman, and his greatest love was his family,” Thomas said. “He was just so proud of his two beautiful daughters.”

Thomas described Mattaboni’s character during the beach tribute. “Steve truly was the type of person that would give the shirt off his back,” he said. “He was charismatic, loyal, funny, hardworking and had so many wonderful qualities that just made him so loved by so many people.”

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Family and friends stood together on the sand at one of Mattaboni’s favorite beaches. They remembered him as a proud father who worked hard for his daughters and encouraged them to enjoy the ocean.

“Steve would absolutely want us to continue enjoying the ocean the way that he did, but also encouraging his beautiful girls to enjoy the water like he did as well,” Thomas said.

Mattaboni’s loved ones emphasized remembering his life rather than the manner of his death. “It’s important not to remember his life by how it was taken, rather by how it was lived,” they stated.

Donations to support Mattaboni’s family have exceeded $376,000.

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The shark attack occurred while Mattaboni was spearfishing off Rottnest Island, a popular tourist destination near Perth. His wife and two young daughters were described as his lifeline.

Thomas noted the family’s heartbreak. “Those closest to him stood side by side today as they opened up about the heartache and grief that comes in waves.”

Mattaboni was remembered through photos and stories shared by those who knew him. Friends highlighted his passion for fishing and his dedication to family.

The incident has prompted renewed discussion about shark safety in Western Australian waters. Rottnest Island is known for its marine life and is a common spot for fishing and water activities.

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Western Australia has implemented various shark mitigation measures in recent years, including drum lines, surveillance and public alerts. Authorities have not released specific details about the circumstances of the attack beyond the initial reports.

Mattaboni’s death marks a tragic loss for the local community. Tributes have poured in from friends, family and members of the fishing community who knew him.

Liam Thomas recalled decades of friendship. “Moments turned into memories: priceless pictures capturing the life of Steven Mattaboni,” he said while sharing stories at the beach gathering.

The family has requested privacy as they grieve. No funeral details have been publicly announced.

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Mattaboni’s connection to the ocean was lifelong. He was known among peers as a skilled fisherman who respected the sea while enjoying its challenges.

Community members have organized support for his wife and daughters. The significant donation total reflects the high regard in which Mattaboni was held.

Rottnest Island authorities have not issued new restrictions following the incident, but beachgoers are urged to remain vigilant and follow safety guidelines.

Western Australia’s shark bite incidents, while rare, receive significant attention due to the state’s extensive coastline and popularity with water sports enthusiasts.

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Mattaboni’s friends stressed continuing his legacy of enjoying the ocean responsibly. “That place will always hold a special place in our hearts moving forward,” Thomas said regarding Rottnest Island.

The tribute gathering featured moments of reflection as loved ones shared memories on the beach. Photos of Mattaboni with his family and during fishing trips were displayed.

His daughters were described as central to his world. Everything he did was for them, according to those closest to him.

The Western Australian government has expressed condolences to the family. No official statement on changes to shark management policies has been made in direct response to this incident.

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Mattaboni’s passing has been felt across the fishing and boating communities. Colleagues remembered him as hardworking and generous.

The beach tribute served as a public farewell while allowing private grieving for the family. Participants emphasized celebrating his life and the joy he brought to others.

Donations continue to support Mattaboni’s wife and daughters. The funds will assist with immediate needs and long-term family support.

Rottnest Island remains open to visitors with standard safety advisories in place. The island is a popular day-trip destination from Perth, known for its wildlife, beaches and historical sites.

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Mattaboni’s love for the ocean was a defining part of his identity. Friends said he would want others to continue enjoying it safely.

The incident has prompted some families to discuss water safety with children. Authorities recommend swimming at patrolled beaches and heeding shark alerts.

As the community processes the loss, tributes highlight Mattaboni’s positive impact. “He was just so loved by so many,” Thomas said.

No further details about the shark encounter have been released by authorities. Investigations into such incidents typically examine environmental factors and human activity patterns.

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Mattaboni’s family has not made additional public statements. Support from the broader community continues through donations and messages of condolence.

The story has drawn national attention in Australia, where shark attacks, though uncommon, generate significant media coverage and public discussion.

Western Australia’s coastline sees regular shark sightings. The state maintains one of the country’s most comprehensive shark monitoring programs.

Mattaboni’s friends plan to honor his memory through future gatherings at his favorite fishing spots. They intend to teach his daughters about the ocean in ways that reflect his passion.

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The tribute on May 22 brought together dozens of people who shared stories and offered support to the grieving family.

As recovery efforts for the family continue, the focus remains on celebrating Steven Mattaboni’s life and the love he shared with those around him.

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War-wary, May equity MF inflows fall 40% to year low

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War-wary, May equity MF inflows fall 40% to year low
Equity mutual fund inflows fell in May, dropping 40% to a 12-month low as investors scaled back fresh lumpsum allocations amid growing concerns over the fallout of the West Asia conflict. About 22,908 crore flowed into such schemes in May, down from 38,440 crore in April, marking the steepest monthly decline since May 2023, according to data from the Association of Mutual Funds in India (AMFI).

Monthly flows through systematic investment plans (SIPs), the MF industry’s mainstay, stood at 30,954 crore, marginally lower than April’s 31,115 crore.

War-wary, May Equity MF Inflows Fall 40% to Yr LowET Bureau

Slide most for a month in 3 years as fresh lumpsum payments down; SIPs only tad lower than March high

Sensitive to Sentiment
It marks the second straight month of lower contributions. The SIP book hit an all-time high of 32,087 crore in March.

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Total assets under management eased to 81.58 lakh crore at the end of May, compared with 81.92 lakh crore in April.


Market participants attributed the slowdown in inflows to heightened geopolitical uncertainty and volatility.
“Concerns over global developments, particularly tensions in the Middle East and fluctuating crude oil prices, have led many investors to adopt a wait-and-watch approach rather than make fresh allocations,” said Ankur Punj, managing director, Equirus Wealth.Investors deferred their lumpsum investments into equity mutual funds as elevated crude oil prices, a weakening rupee and intermittent market corrections have dented near-term visibility. Unlike SIPs, lumpsum investments are more sensitive to sentiment, with investors choosing to time their entry rather than commit capital amid heightened volatility.

The Nifty declined more than 2% in May, with crude prices hovering around the $100-a-barrel mark, adding to inflation concerns.

Among equity categories, flexi-cap funds saw the highest inflows at 5,176 crore, though this was 49% lower than April levels. Small-cap and mid-cap funds attracted 4,946 crore and Rs 4,385 crore, respectively, with inflows down 33% and 28%, in that order.

In contrast, gold exchange-traded funds (ETFs) saw net outflows of 725 crore in May, the first monthly outflow in 13 months, following a steady moderation in inflows through the year after record subscriptions earlier in 2026.

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Debt mutual funds witnessed a reversal, recording net outflows of 96,949 crore in May, compared with inflows of 2.47 lakh crore in April, making them the primary drag on overall industry flows.

“Over 70% of the outflows came from the shorter end of the curve, particularly from three categories — liquid, money market and overnight funds — which could be attributed to seasonality of corporate treasury management and tax cycles,” said Sanjay Agarwal, senior director, CareEdge Ratings.

Hybrid funds saw inflows moderate to 10,560 crore from 20,565 crore in April, while new fund launches remained muted. The industry saw 13 new fund offers in May, which collectively mobilised 471 crore, nearly half the amount raised in the previous month.

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Shares of Inox India were among the top gainers Wednesday, after reports of massive oversubscription in the initial public offering of US-based SpaceX drew attention of Indian investors to what could be its local equipment supplier.

Inox India shares ended at 1,891.60 on the NSE Wednesday, up 12.15%. The benchmark Nifty50 closed 0.1% lower.

“The strong response to the SpaceX IPO has drawn attention to Inox India, one of the few Indian companies operating in a related segment and supplying equipment to the space ecosystem,” said Gaurav Sharma, head of research at Globe Capital Market.

SpaceX is reportedly targeting a valuation of $1.7-1.8 trillion.

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SpaceX IPO a Bid Too Far? Some Opt for a Proxy Play with Inox IndiaET Bureau

Co shares surge over 12%, Nifty flat

Investor interest is also being supported by the company’s strong operational performance, with revenue and gross profit expanding over 120% year-on-year, reinforcing confidence in its growth prospects, Sharma said.
In its earnings call after fourth-quarter results, the chief executive Deepak Acharya said, “During Q4, we received a significant aerospace order from a leading US-based private space company with a total order value of approximately 200 crore. We are expecting more high-value orders in Q1 FY 27.”
Sunny Agrawal, head of research at SBI Securities, said there is significant activity in Inox India ahead of the SpaceX listing, and the company is also expanding into segments such as data centres, nitrogen supply and distillery kegs, which support its growth outlook.
But doubts remain about how much more can its shares gain.

“Management has guided for 15-20% growth per year, and after the recent rally, the stock is trading at a relatively rich valuation of about 56 times one-year forward earnings,” said Agrawal. “Investors may consider waiting for a correction before fresh entry, as some profit-taking and a cooling-off in the stock could follow once SpaceX gets listed.”

Shares of Inox India rose 26% in the past week and are over 67% up in 2026 so far. The Nifty50 fell 0.8% in the past week and 11.2% year-to-date.

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I am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ET, EPD, KMI, MPLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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