Business news

• Olympio pulls trigger on 8.2Moz Idaho silver prize

  24-08-2026 04:51 via smh.com.au
  
  Olympio Metals is pushing ahead with an 80% stake in Idaho’s Jacknife silver project, where historic high grades and imminent drilling could unlock a bigger prize.
  
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• Shein was fast fashion’s next big thing. Now it’s fighting for a second act

  24-08-2026 11:30 via smh.com.au
  
  Facing pressure in the United States and Europe, the online retailer is struggling to find new ways to grow ahead of its much-delayed initial public offering.
  
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• International company's plan for multi-billion-dollar data centre in regional Qld

  24-08-2026 11:03 via abc.net.au
  
  A $31.9 billion hyper-scale data centre proposed for regional Queensland promises huge economic scale, while raising questions about energy demands and water security.
  
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• Exclusive CCTV captures the violence facing Coles workers

  24-08-2026 10:47 via abc.net.au
  
  Exclusive video obtained by 7.30 highlights shocking scenes of aggressive behaviour towards retail workers, including a customer armed with a hammer and a security guard being thrown into a check-out machine. 
  
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• CCTV captures the violence facing Coles workers in Victoria

  24-08-2026 10:47 via abc.net.au
  
  Exclusive video obtained by 7.30 highlights shocking scenes of aggressive behaviour towards retail workers, including a customer armed with a hammer and a security guard being thrown into a check-out machine. 
  
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• Specialist ship arrives to cart SpaceX rocket from Christmas Island

  24-08-2026 10:29 via abc.net.au
  
  A semi-submersible cargo carrier has arrived on the remote Australian territory to ferry the SpaceX starship back to Texas.
  
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• Woman wins $24k after being fired from ex-husband’s nightclub over explicit photo

  24-08-2026 09:59 via smh.com.au
  
  A bookkeeper who worked for a nightclub majority-owned by her ex-husband has won compensation for unfair dismissal after being fired over misconduct.
  
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• Judge declares mistrial as sharp-eyed juror discovers evidence error

  24-08-2026 09:59 via abc.net.au
  
  Copies of evidence given to two jurors contained "irregular" redacted material deemed inadmissible in the trial of a Cape York Peninsula traditional owner accused of defrauding his community of mining royalties more than a decade ago. 
  
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• Redland City Council reveals plans for 62ha precinct including lagoon

  24-08-2026 09:53 via abc.net.au
  
  Acting Mayor Julie Talty says the outdoor lagoon will be "better than Brisbane's" South Bank Beach.
  
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• Perth modular home builder's sudden closure shocks customers

  24-08-2026 09:45 via abc.net.au
  
  A Perth modular home manufacturer has blindsided its customers by announcing its sudden closure and takeover by a new firm.
  
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• ASX hits higher note; mining stocks up; banks, insurers sold off

  24-08-2026 09:35 via smh.com.au
  
  Australia’s share market has started the new week higher, as BHP and the materials sector hit record highs.
  
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• Orbit drilling set to grow 1.7Moz NSW polymetallic resource

  24-08-2026 08:55 via smh.com.au
  
  Orbit Resources is drilling again at its 1.7Moz gold equivalent Lewis Ponds project in NSW, after new assays hit mineralisation beyond the existing resource.
  
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• Trump's 300,000 tonne beef import plan cops backlash

  24-08-2026 08:34 via abc.net.au
  
  Beef prices are on the rise in the United States, but President Donald Trump's plan to reduce them faces backlash from US cattle ranchers.
  
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• Beetaloo taps infrastructure giant for 750km NT gas pipeline push

  24-08-2026 08:17 via smh.com.au
  
  Beetaloo Energy Australia has signed a non-binding memorandum of understanding with AGIG to plan a 750km pipeline linking its gas with its Beetaloo Digital hub near Darwin.
  
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• Accelerate punches into 47g/t gold near Kalgoorlie

  24-08-2026 08:06 via smh.com.au
  
  Accelerate Resources has hit bonanza gold near Kalgoorlie, with drilling returning 11m at 4.65g/t gold from 25m, including a 1-metre hit grading a hefty 46.93g/t.
  
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• KPMG’s sackings are just the start of the fallout for the firm

  24-08-2026 07:41 via smh.com.au
  
  Monday’s sackings were concentrated in the firm’s consulting division, but the scandal originated with senior staff in the auditing section.
  
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• AI tokens getting cheaper but businesses paying more than ever

  24-08-2026 07:36 via abc.net.au
  
  Businesses have effectively installed a new utility pipe into their operations, and are only now discovering what it costs to keep the tap running, against how little water is coming out.
  
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• AI costs are rising for Australian businesses. Does it compute?

  24-08-2026 07:36 via abc.net.au
  
  Businesses have effectively installed a new utility pipe into their operations, and are only now discovering what it costs to keep the tap running, against how little water is coming out.
  
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• Former radio host says he saw 'nothing that worried' him at Alan Jones lunch

  24-08-2026 07:29 via abc.net.au
  
  A former 2GB host and producer has told a court he did not see anything worrying at a lunch where a junior colleague accused Alan Jones of touching his crotch.
  
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• Ex-radio host says Alan Jones had arm around man who alleges indecent assault

  24-08-2026 07:29 via abc.net.au
  
  A media figure has told a court he did not see anything worrying at a lunch where a junior colleague accused Alan Jones of touching his crotch.
  
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• Mess of its own making: KPMG sacrifices staff to limit financial damage

  24-08-2026 07:25 via smh.com.au
  
  The purge is just the start of a multi-year fallout for the business.
  
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• King River gears up for fresh assault on historic WA gold targets

  24-08-2026 07:17 via smh.com.au
  
  King River Resources has launched a Murchison exploration blitz at Mindoolah in WA, with magnetics and soil sampling ahead of a major drilling campaign locked in for October.
  
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• Business leaders urge governments to act as smelter power deadline looms

  24-08-2026 06:48 via abc.net.au
  
  With just one week until Rio Tinto's deadline for a power deal for its Bell Bay Aluminium smelter, business and community leaders are calling on the state and federal governments to act to secure the smelter's future.
  
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• Kaiser airborne survey homes in on rich Victorian goldfield

  24-08-2026 06:26 via smh.com.au
  
  Kaiser Reef has wrapped up a key geophysical survey at its historic Maldon gold project, aiming to define new drill targets in the rich Victorian goldfield.
  
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• Breaking: Albanese says WA's GST deal won't change while he is PM

  24-08-2026 05:20 via abc.net.au
  
  Prime Minister Anthony Albanese reiterates there will be no change to Western Australia's GST arrangements after a report recommended scrapping the existing deal. 
  
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• Albanese says WA's GST deal won't change while he is PM

  24-08-2026 05:20 via abc.net.au
  
  Prime Minister Anthony Albanese reiterates there will be no change to Western Australia's GST arrangements after a report recommended scrapping the existing deal. 
  
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• Forrestania drills up 175koz gold bounty at WA British Hill

  24-08-2026 05:10 via smh.com.au
  
  Forrestania Resources has upgraded the resource and hit a deep, 29-metre gold interval of 3.91g/t extending known mineralisation at its British Hill project in WA.
  
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• Five arrests as police raid CFMEU headquarters in Melbourne

  24-08-2026 04:54 via abc.net.au
  
  Detectives executed warrants at the construction union headquarters and five other properties.
  
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• ‘Making trouble’: Murdoch family’s bitter feud exposed in court documents

  24-08-2026 04:33 via smh.com.au
  
  Newly released court documents reveal key details of Lachlan Murdoch and his siblings’ bitter succession clash.
  
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• Trump’s war on the world is exposing him

  24-08-2026 03:54 via smh.com.au
  
  The Canadians’ preparedness to walk away from talks with their US counterpart is the latest sign that Donald Trump’s bulldozer approach may be reaching its limits.
  
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