It might be Australia's biggest day, but the tills will ring loudly and the bubbly will flow on this side of the Tasman as well on Tuesday.

It's the race that stops two nations, and every Cup has its own tale of triumph or shattered dreams.

Legendary trainer Bart Cummings remains in Melbourne's Epworth Hospital where his condition is reported to be stable.

Unimpressed bookmakers are offering good odds on Lion Tamer at Randwick.

Party time in Melbourne will be bigger than ever for a special 150th birthday bash, writes Janetta Mackay.