Business news

• Kaiser Reef gold production fuels $40M war chest

  09-10-2026 04:18 via smh.com.au
  
  Gold producer Kaiser Reef has built a $40 million cash and bullion position after a strong September quarter, delivering 6263 gold ounces from its Tasmanian and Victorian assets.
  
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• The world’s richest person is testing Wall Street’s limits

  09-10-2026 09:10 via smh.com.au
  
  Elon Musk has always been a mixed blessing for Wall Street. Now, as the AI party rolls on, he is testing the limits of the debt boom.
  
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• Sale rescues landmark WA dairy brands from collapse

  09-10-2026 09:06 via abc.net.au
  
  Collapsed WA dairy brands Mundella Foods and the Margaret River Dairy Company have been revived after a deal spearheaded by Harvey Fresh founder Kevin Sorgiovanni.
  
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• ASX Runners of the Week: Alvo, Pioneer Minerals & Dalaroo

  09-10-2026 08:04 via smh.com.au
  
  The Bulls N’ Bears ASX Runner of the Week is... Alvo Minerals, which soared 257% on its promising heavy rare earths grades and a potential game-changing processing route for its Brazilian project.
  
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• Big Hits: Dalaroo leads with stellar West African gold strike

  09-10-2026 07:31 via smh.com.au
  
  Big Hits looks at notable drill intercepts reported to the ASX this week, led by Dalaroo Metals in Côte d’Ivoire, with runners-up Power Minerals in Brazil and Midas Minerals in Namibia.
  
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• The Cap Raise Crucible: Big books, broker options and mixed fortunes

  09-10-2026 07:16 via smh.com.au
  
  Cap Raise Crucible has dissected $700m in ASX raisings, led by L1 Global’s $480m haul, as brokers’ fees and options faced scrutiny and punters pocketed big gains or suffered double-digit losses.
  
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• An old spectre has returned to haunt Europe and things could get ugly

  09-10-2026 07:01 via smh.com.au
  
  Troubles that started in France threaten to engulf the whole eurozone, and at their heart is a familiar irresponsible attitude that has plagued the continent for decades.
  
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• Firmus wobbles have opponents relieved, critics questioning deals

  09-10-2026 06:03 via abc.net.au
  
  The news of data centre operator Firmus' share market float being pulled has been met with disappointment from some investors. But for Firmus' opponents, the response has been relief.
  
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• Firmus wobbles have opponents overjoyed, critics questioning deals

  09-10-2026 06:03 via abc.net.au
  
  The news of data centre operator Firmus' share market float being pulled has been met with disappointment from some investors. But for Firmus' opponents, the response has been relief.
  
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• Aurum strikes rich West African gold trifecta ahead of resource lift

  09-10-2026 05:35 via smh.com.au
  
  Aurum Resources has hit more gold at its 3.22-million-ounce West African Boundiali project, with new results including 29m at 2.08g/t and 5.85m at 8.77g/t gold, ahead of a resource update.
  
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• Dalaroo chases more gold after spectacular Côte d’Ivoire hit

  09-10-2026 04:25 via smh.com.au
  
  Dalaroo Metals has launched a 1250m drilling blitz at its Bondoukou gold discovery in Côte d’Ivoire, chasing extensions to a spectacular maiden hit of 18m at 7.31g/t gold.
  
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• Hollard insurance fined $2m for handling of claim that destroyed home

  09-10-2026 03:21 via abc.net.au
  
  The Federal Court blasts Hollard's handling of an insurance claim which left a regional Victorian destroyed and uninhabitable.
  
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• Breaking: Hollard insurance fined $2m for handling of claim that destroyed home

  09-10-2026 03:21 via abc.net.au
  
  The Federal Court blasts Hollard's handling of an insurance claim which left a regional Victorian destroyed and uninhabitable. 
  
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• 64,000 shades of grey: How dentists, running coaches and restaurants are using AI

  09-10-2026 02:35 via smh.com.au
  
  From diagnosing problems the human eye can’t see, to analysing dozens of data points to optimise a run, AI is changing the way hands-on professions are providing their services.
  
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• Banks boost ASX, Wall Street slides after OpenAI warning

  09-10-2026 02:01 via smh.com.au
  
  The Australian sharemarket has risen at the open with banks driving gains despite falls on Wall Street, with technology stocks slumping after a report said OpenAI’s revenue may be lower than forecast.
  
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• Australian shares inch higher as caution reigns

  09-10-2026 02:01 via smh.com.au
  
  Shares clocked a second week of modest progress, as global bond yields, stubborn oil prices and local economic woes cap investor confidence.
  
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• ASX advances, Wall Street slides as tech stocks fall

  09-10-2026 01:09 via smh.com.au
  
  The US stock market pulled further from its record with technology stocks falling sharply while oil prices climbed again.
  
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• No end in sight for multi-million-dollar Cable Beach development

  09-10-2026 01:00 via abc.net.au
  
  Broome locals say they are not surprised the opening of a multi-million-dollar redevelopment of Cable Beach is facing further delays.
  
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• 'Fed a lie': Locals frustrated as construction site remains at famous WA beach

  09-10-2026 01:00 via abc.net.au
  
  Broome locals say they are not surprised the opening of a multi-million-dollar redevelopment of Cable Beach is facing further delays.
  
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• Karl Stefanovic buys out his podcast partner

  09-10-2026 00:28 via smh.com.au
  
  The former Today host has bought out Keshnee Ibrahim for an undisclosed amount after months of turbulence over the new media venture
  
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• Data centre operator Firmus pulls blockbuster ASX float after lacklustre demand

  09-10-2026 00:12 via abc.net.au
  
  Firmus searches for private funding as it withdraws its application to list on the ASX just a day after closing its books to investors. 
  
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• Breaking: Data centre operator pulls share market float due to lacking investor demand

  09-10-2026 00:12 via abc.net.au
  
  The company searching for private funding as IPO gets pulled just a day after it closed its books to investors. 
  
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• Breaking: Data centre operator pulls share market float after lacklustre investor demand

  09-10-2026 00:12 via abc.net.au
  
  The company searching for private funding as IPO gets pulled just a day after it closed its books to investors.  
  
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• Breaking: Data centre operator Firmus pulls blockbuster ASX float after lacklustre demand

  09-10-2026 00:12 via abc.net.au
  
  Firmus searches for private funding as it withdraws its application to list on the ASX just a day after closing its books to investors. 
  
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• Oliver Curtis’ bid to float Firmus for $44 billion falls over

  09-10-2026 00:08 via smh.com.au
  
  Firmus has dropped its bid to list on the ASX, leaving its data centre plans to be funded through private markets.
  
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• Firmus scraps ASX listing

  09-10-2026 00:08 via smh.com.au
  
  Firmus has dropped its bid to list on the ASX, leaving its data centre plans to be funded through private markets.
  
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• Firmus weighs up postponing float: report

  08-10-2026 23:20 via smh.com.au
  
  The company is considering postponing its initial public offering, and is instead weighing a private funding round instead, according to people familiar with the matter.
  
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• Firmus considering postponing float: report

  08-10-2026 23:20 via smh.com.au
  
  The company is considering postponing its initial public offering, and is instead weighing a private funding round instead, according to people familiar with the matter.
  
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• Fears backpacker ballot will leave coastal towns short-staffed

  08-10-2026 23:01 via abc.net.au
  
  The hospitality industry says the backpacker ballot will create workforce shortages, but a new migration agreement could help holiday towns in NSW.  
  
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• Coastal businesses fear backpacker visa cap will drive workers away

  08-10-2026 23:01 via abc.net.au
  
  The hospitality industry says the backpacker ballot will create workforce shortages, but a new migration agreement could help holiday towns in NSW.  
  
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