ASX jumps as oil prices fall on Iran hopes; Wall Street rallies, Nvidia tumbles

The Sydney Morning Herald - Nov 9, 2026

The Australian sharemarket jumped in early trade after US President Donald Trump said the Iran war “is effectively over,” boosting hopes for an end to the conflict that has driven up global energy costs.

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Beetaloo locks in key licence for NT gas giant
Nov 9, 2026

Beetaloo locks in key licence for NT gas giant

Beetaloo Energy has locked in a critical Retention Licence over its Carpentaria gas discovery, securing tenure as it advances its NT pilot project towards first gas sales.

Wall Street’s $4.7 trillion meltdown may have a silver lining
Nov 9, 2026

Wall Street’s $4.7 trillion meltdown may have a silver lining

The “blue tsunami” that hit Donald Trump sent shockwaves through Wall Street. But there may be a bright side to the sharemarket turmoil.

ANZ profit surges to $7.6b despite late home loan repayments rising
Nov 9, 2026

ANZ profit surges to $7.6b despite late home loan repayments rising

ANZ’s bottom line benefited from cost-cutting while its asset quality remained relatively stable.

David Jones is restocking shelves ahead of Black Friday as buyers circle
Nov 8, 2026

David Jones is restocking shelves ahead of Black Friday as buyers circle

Last week’s news that the 188-year-old retailer had tipped into administration drove a “record” levels of shoppers to David Jones stores.

Why younger home buyers risk being locked in mortgage prison
Nov 8, 2026

Why younger home buyers risk being locked in mortgage prison

There’s a generational gap between those who can switch banks to get a better home-loan deal, and those who cannot.

The ‘immediate warning sign’ to protect your super
Nov 8, 2026

The ‘immediate warning sign’ to protect your super

The financial regulator has put firms on notice after it found some were using unlicensed marketers trying to convince customers to switch or review their super.

‘Heist’ merchants or white knights? The private equity firm that owned David Jones
Nov 8, 2026

‘Heist’ merchants or white knights? The private equity firm that owned David Jones

Anchorage Capital Partners has owned more than 20 companies, with none more controversial than its tenure at Dick Smith Electronics.

Crypto’s Trump-fuelled Washington boom comes to an abrupt halt
Nov 8, 2026

Crypto’s Trump-fuelled Washington boom comes to an abrupt halt

With Democrats set to control Congress following their midterm sweep, crypto faces the prospect of tougher rules and closer scrutiny.

$2b and plenty of new seats: Inside airlines’ battle for first-class supremacy
Nov 8, 2026

$2b and plenty of new seats: Inside airlines’ battle for first-class supremacy

Singapore Airlines $2.26 billion cabin refit tells a much broader story about the battle to cater to the premium traveller that is playing out against the constraints of the industry and regulators.

It was the email of my dreams! From Sally Sara. Or so I thought
Nov 7, 2026

It was the email of my dreams! From Sally Sara. Or so I thought

I’m Sally’s biggest fan. Overwhelmed with excitement, I wrote back saying I’d be delighted to contribute.

House prices wouldn’t be falling so fast if Albanese was a man of his word
Nov 7, 2026

House prices wouldn’t be falling so fast if Albanese was a man of his word

Imagine how a first-time buyer who bought into the 5 per cent deposit scheme feels owing 95 per cent on an asset that’s losing value thanks to the backflip on negative gearing.

Is there a future for malls without their department store anchors?
Nov 7, 2026

Is there a future for malls without their department store anchors?

The demise of David Jones has thrown into question the symbiotic relationship that underpinned decades of prosperity for both department stores and malls.

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