Business news

• Orbit sets $12M rare earths spin-off in motion

  13-10-2026 06:33 via smh.com.au
  
  Orbit Resources has launched a $12 million rare earths float for its Matrix Critical Minerals spin-off, allowing the company to focus on its NSW gold-silver assets.
  
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• ASX set to slide as Wall Street slips

  13-10-2026 20:17 via smh.com.au
  
  The first big batch of summertime profit reports from US companies is making waves on Wall Street after topping analysts’ expectations, but many are cancelling each other out.
  
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• Outcry over council's 'extortionate' fee hike on short-stay homes

  13-10-2026 20:14 via abc.net.au
  
  A coastal Victorian council is defending a fee increase for providers of short-stay rental accommodation, as some locals urge a rethink.
  
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• I’m sick of immigration being blamed for problems it doesn’t cause

  13-10-2026 20:00 via smh.com.au
  
  But the resurrection of Pauline Hanson and her ratbag One Nation has changed all that, and now it’s on for young and old.
  
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• Greens warn of private school fees loophole in Labor's trust tax

  13-10-2026 20:00 via abc.net.au
  
  Treasurer Jim Chalmers is preparing to introduce legislation for a 30 per cent tax on discretionary trusts on Wednesday amid fierce business opposition, but has been presented with another obstacle from the Greens.
  
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• More than 300 scientists say AI oversight needed after 'preventable' hacks

  13-10-2026 13:06 via abc.net.au
  
  Hundreds of scientists from more than 30 countries call for greater AI safety measures in an open letter, saying that without them, critical infrastructure risks being exposed.
  
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• Germany's Nuremberg Airport reopens after aviation emergency

  13-10-2026 12:56 via abc.net.au
  
  Nuremberg Airport said all passengers are safe after a flight from Corfu transmitted an emergency code.
  
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• Germany's Nuremberg Airport closes due to aviation emergency

  13-10-2026 12:56 via abc.net.au
  
  An aviation emergency halts flights at one of Germany's biggest international airports. 
  
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• Germany scrambles jets after airline radio glitch sends false hijack alert

  13-10-2026 12:56 via abc.net.au
  
  Nuremberg Airport said all passengers are safe after a flight from Corfu transmitted an emergency code.
  
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• Breaking: Germany's Nuremberg Airport closes due to aviation emergency

  13-10-2026 12:56 via abc.net.au
  
  An aviation emergency halts flights at one of Germany's biggest international airports. 
  
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• Big Egg cartel: Major Australian suppliers accused of whipping up higher prices

  13-10-2026 09:17 via smh.com.au
  
  The competition watchdog has alleged Australia’s largest egg supplier engaged in cartel conduct with a raft of other producers.
  
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• ASX ends flat after slow session on Wall Street; Tech stocks slump, banks jump

  13-10-2026 08:41 via smh.com.au
  
  The Australian sharemarket was treading water on Tuesday after a sell-off in chipmakers left US stocks wavering ahead of the reporting season.
  
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• Norfolk Metals installs seasoned duo in boardroom overhaul

  13-10-2026 07:57 via smh.com.au
  
  Norfolk Metals has shuffled its board, appointing veteran Anthony McClure as executive chairman to steer its acquisition of the high-grade Ciclón copper project in Chile.
  
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• Can Adidas really own stripes – and did White Fox copy them?

  13-10-2026 07:15 via smh.com.au
  
  The German sportswear giant is taking Australian fast fashion outfit White Fox to task over the use of stripes, in a trademark dispute that will test the limits of common-sense and deceptive conduct.
  
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• Even if the glass cliff does exist, the cancellation cliff is more dangerous

  13-10-2026 07:00 via smh.com.au
  
  A study of the cancellation cliff facing men who treat women as capable of competing on their merits, and say so out loud, is still pending.
  
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• Demoted for mentioning ‘the glass cliff’? Chris Bradley was just speaking truth

  13-10-2026 07:00 via smh.com.au
  
  The fact that questioning the glass cliff concept created such a strong kneejerk reaction makes me wonder why challenging the notion should be a punishable crime.
  
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• NeuroScientific Biopharmaceuticals clears key US Crohn’s trial hurdle

  13-10-2026 05:58 via smh.com.au
  
  NeuroScientific Biopharmaceuticals has landed key US backing for its Phase 2 stem cell Crohn’s trial, green-lighting a planned year-end start subject to final preparations.
  
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• Consumer watchdog takes egg 'cartel' to court

  13-10-2026 05:18 via abc.net.au
  
  Sunny Queen and 11 other egg businesses coordinated on production and supply decisions, likely substantially reducing competition for many years, the ACCC alleges.
  
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• ACCC takes egg 'cartel' to court

  13-10-2026 05:18 via abc.net.au
  
  Sunny Queen and 11 other egg businesses coordinated on production and supply decisions, likely substantially reducing competition for many years, the ACCC alleges.
  
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• Big Egg cartel: Major Australian suppliers accused of driving up prices

  13-10-2026 04:18 via smh.com.au
  
  The competition watchdog has alleged Australia’s largest egg supplier of engaging in cartel conduct with a raft of other producers.
  
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• Don’t blame Ukraine: Prices go up and up, thanks to Trump’s wars

  13-10-2026 03:08 via smh.com.au
  
  The US president’s battles with trading partners and Iran are responsible for the elevated US inflation rate - not Ukraine’s bombing of Russian oil refineries.
  
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• Big Egg cartel: Australian suppliers accused of driving up prices

  13-10-2026 02:40 via smh.com.au
  
  The competition watchdog has alleged Australia’s largest egg supplier of engaging in cartel conduct with a raft of other producers.
  
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• Australia’s biggest egg supplier, 11 others accused of cartel conduct

  13-10-2026 02:40 via smh.com.au
  
  The competition watchdog has alleged the producers manipulated the market for at least six years, potentially driving up prices that consumers pay.
  
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• ASX falls after slow session on Wall Street; Tech stocks, miners lead losses

  13-10-2026 02:26 via smh.com.au
  
  The Australian sharemarket has opened on a weaker note after a selloff in chipmakers left US stocks wavering ahead of the reporting season.
  
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• ASX edges down after slow session on Wall Street; Tech stocks fall, energy stocks gain

  13-10-2026 01:45 via smh.com.au
  
  The Australian sharemarket has opened on a weaker note after a selloff in chipmakers left US stocks wavering ahead of the reporting season.
  
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• What we know about Lady Violet Bridgerton ahead of Netflix spin-off

  13-10-2026 01:26 via abc.net.au
  
  Scant details are available about the Bridgerton spin-off focusing on Lady Violet but here's what we know about the upcoming show's main character ahead of its rollout.
  
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• Uber struggles to solve Broome's late-night transport issues

  13-10-2026 00:01 via abc.net.au
  
  The arrival of the ridesharing giant fails to improve the long waits for residents and visitors looking for a ride home in Broome.
  
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• Phillip Island business operators prepare for MotoGP's final lap

  12-10-2026 23:32 via abc.net.au
  
  As the countdown to the final MotoGP at Victoria's Phillip Island begins, business owners and the tourism board are calling for support to develop ideas to attract tourists.
  
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• Dubai-bound Emirates flight forced to turn back to Adelaide Airport

  12-10-2026 23:21 via abc.net.au
  
  The plane took off from Adelaide Airport at 10:35pm on Monday but pilots were forced to turn around before reaching the West Australian border.
  
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• Lush Cosmetics to leave all Westfield locations — as it happened

  12-10-2026 23:20 via abc.net.au
  
  Cosmetic brand Lush will not be continuing the leases of all 10 of its stores in Westfield shopping centres. Catch up on the day's business news here.
   
  
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