ASX falls despite AI rebound on Wall Street; NAB and BHP decline

The Sydney Morning Herald - Oct 20, 2026

The Australian sharemarket was on the back foot in Tuesday’s session, with miners, energy stocks and banks leading losses.

Read full article

More News

NAB slashes 2500 jobs amid fears other banks will swing the axe
Oct 19, 2026

NAB slashes 2500 jobs amid fears other banks will swing the axe

The National Australia Bank has announced it will axe up to 2500 jobs over this financial year, while also reducing the use of external consultants.

CNN anchor Christiane Amanpour to leave after 43 years
Oct 19, 2026

CNN anchor Christiane Amanpour to leave after 43 years

The network’s chief international anchor will sign off next year as CNN comes under controversial new ownership after the biggest media deal in history.

‘We want to show our sincerity’: Stax to relaunch with credit program for lost orders
Oct 19, 2026

‘We want to show our sincerity’: Stax to relaunch with credit program for lost orders

The activewear label is under new management, but has brought back some familiar faces – and is keen to set things right.

The China car flood is out of control
Oct 19, 2026

The China car flood is out of control

China is addicted to making cars, and it is dragging down the entire industry.

Kaiser gold loan exit frees $600K a month for mine growth
Oct 19, 2026

Kaiser gold loan exit frees $600K a month for mine growth

Kaiser Reef has repaid its Auramet gold loan, a move that boosts its monthly cash flow by about $600,000. The Henty gold mine in Tasmania fully funded the debt.

Forget tall poppy syndrome, corporate Australia is a second-chance saloon
Oct 19, 2026

Forget tall poppy syndrome, corporate Australia is a second-chance saloon

AI start-up Firmus’ planned public listing wasn’t derailed by its boss’ history. Will a retail chief’s alleged lies denying an affair scupper his shot at a float?

Accelerate hits manganese jackpot with 59.6% Pilbara grades
Oct 19, 2026

Accelerate hits manganese jackpot with 59.6% Pilbara grades

Accelerate Resources has unearthed near-60% manganese rock chips at its Woodie Woodie North project in WA, bolstering a 12km underexplored mineralised corridor.

Great Southern uncovers new high-grade hits in WA gold hunt
Oct 19, 2026

Great Southern uncovers new high-grade hits in WA gold hunt

Great Southern has hit high-grade gold in maiden RC drilling near Laverton in WA, with a top hit of 5m at 6.71g/t, including 3m at 10.4g/t, along a 4.7km corridor.

Rare earths strike in NT extends 8km beyond previous Barkly hits
Oct 19, 2026

Rare earths strike in NT extends 8km beyond previous Barkly hits

Barkly Rare Earths has expanded its NT rare earths discovery, with new drilling hitting significant intercepts up to 8km from previous results, including high-grade hits up to 4550ppm TREO.

Vietjet’s domestic ambitions dealt a blow after court orders global asset freeze
Oct 19, 2026

Vietjet’s domestic ambitions dealt a blow after court orders global asset freeze

The order comes after a long-running battle with an investment firm seeking back payment for the use of four planes by the airline.

Nightmare on Wall Street: The AI alarm bells are ringing louder
Oct 19, 2026

Nightmare on Wall Street: The AI alarm bells are ringing louder

The implosion in the share price of one neocloud company has highlighted just how vulnerable Wall Street is.

Lachlan treasure chest draws fresh wave of NSW mining hopefuls
Oct 19, 2026

Lachlan treasure chest draws fresh wave of NSW mining hopefuls

NSW’s Lachlan Fold Belt is back in the junior explorer spotlight, with a string of newcomers chasing the next big copper-gold discovery, including recent stalwart Kuniko Limited.

Recommended

Sign Up Now

Subscribe to us for the latest news from Banking Reporter

ABOUT US
Banking Reporter

Banking Reporter is the largest-circulated online business news in the United States, bringing a whole new genre of business journalism more up close and more incisive.

Copyright © 2015 - 2026 Banking Reporter. All Rights Reserved.