ASX finishes higher on RBA day; retailers and airlines soar, oil stocks slide

The Sydney Morning Herald - Nov 3, 2026

The Australian sharemarket finished its session higher after the Reserve Bank - as expected - raised interest rates to an 18-year record but signalled a wait-and-see approach to further tightening.

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Accelerate calls on CSIRO to crack WA manganese code
Nov 2, 2026

Accelerate calls on CSIRO to crack WA manganese code

Accelerate Resources has secured $50,000 in CSIRO funding to study manganese core from its Woodie Woodie North project, aiming to fast-track a Pilbara processing pathway.

Aguia revenue triples as twin South American projects fire
Nov 2, 2026

Aguia revenue triples as twin South American projects fire

Aguia Resources has posted a more than threefold increase in quarterly revenue to $639,000, signalling a turnaround as its South American gold and phosphate projects begin to deliver cash flow.

Westpac expects 11 per cent house price fall, posts $6.8 billion profit
Nov 2, 2026

Westpac expects 11 per cent house price fall, posts $6.8 billion profit

The nation’s second-biggest lender expects interest rates to remain “elevated” and for property prices to continue tumbling.

Rip Curl’s owner in takeover talks with US retail giant
Nov 2, 2026

Rip Curl’s owner in takeover talks with US retail giant

The owner of surfwear staple Rip Curl and outdoor adventure brand Kathmandu is in talks about a possible deal, it revealed on Monday.

King River lights up new gold targets at WA Murchison project
Nov 2, 2026

King River lights up new gold targets at WA Murchison project

Soil sampling at King River Resources’ Mindoolah gold project in WA’s Murchison has returned a high-grade 231.8ppb gold result, with drilling now underway on the new targets.

KPMG set to slash hundreds more jobs before Christmas
Nov 2, 2026

KPMG set to slash hundreds more jobs before Christmas

The latest round of job cuts will take place within weeks with payouts worth far less than the millions paid to former executives who resigned following a scandal.

Wall Street on edge after $1.4 trillion wipeout
Nov 2, 2026

Wall Street on edge after $1.4 trillion wipeout

For years, Wall Street has been happy to write blank cheques for some of the biggest companies in the world. But investors are now starting to get nervous.

The $315b debt binge that’s driving up the cost of borrowing
Nov 1, 2026

The $315b debt binge that’s driving up the cost of borrowing

The AI craze is not only threatening to wipe out jobs and inflate a sharemarket bubble. It’s also costing governments more when they borrow.

Super funds slammed for ‘blaming customers for complaints’
Nov 1, 2026

Super funds slammed for ‘blaming customers for complaints’

Complaints have surged in the multitrillion dollar super sector, but the watchdog says fund trustees are too readily blaming issues on members.

It is the RBA’s job to fight inflation, but governments must do more to help
Nov 1, 2026

It is the RBA’s job to fight inflation, but governments must do more to help

The RBA and Australian governments are pulling in opposite directions. No wonder inflation pressures persist.

Australia’s newest airport wants more flights as airlines cut back capacity
Nov 1, 2026

Australia’s newest airport wants more flights as airlines cut back capacity

Qatar Airways, which has committed to Western Sydney International, has reduced the number of passengers it flies daily around the world by about 25,000 since the US-Israel-Iran War erupted.

Inside the scramble to contain the largest crypto heist in history
Nov 1, 2026

Inside the scramble to contain the largest crypto heist in history

From New York to Abu Dhabi and Kyiv, security researchers and Binance executives rushed to trace the stolen money after a hack that has shocked the crypto world.

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