Business news

• Universities justified job cuts with numbers no-one could check

  14-10-2026 21:32 via abc.net.au
  
  Universities said staff cuts were necessary to secure their financial futures. But disputed models, alternative plans and changing forecasts suggest other choices may have been available.
  
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• Augustus circles giant PNG gold prize in Porgera backyard

  15-10-2026 07:15 via smh.com.au
  
  Augustus Minerals is chasing a massive gold prize in PNG, lodging an application for the Mt Kare project, a geological cousin to the nearby 32-million-ounce Porgera giant.
  
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• The three factors driving NSW unemployment to a five-year high

  15-10-2026 07:12 via smh.com.au
  
  The NSW unemployment rate hit 4.7 per cent last month, the highest level since November 2021.
  
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• Kmart sold fingernail glue that burnt without safety warnings, watchdog says

  15-10-2026 06:58 via smh.com.au
  
  The fingernail glue led to customers complaining of burns, reporting to hospital and even requiring skin grafts, the consumer watchdog has alleged.
  
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• Kmart sold fingernail glue that burned without safety warnings, watchdog says

  15-10-2026 06:58 via smh.com.au
  
  The fingernail glue led to customers complaining of burns, reporting to hospital and even requiring skin grafts, the consumer watchdog has alleged.
  
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• Ferry fight heads to court as Kangaroo Island shutdown confirmed

  15-10-2026 06:58 via abc.net.au
  
  The operator of Kangaroo Island's "lifeline" ferry has launched legal action to get the second of two long-promised new ferries delivered to Australia. 
  
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• Starlink’s growing influence has one big point of failure

  15-10-2026 06:57 via smh.com.au
  
  Starlink’s futuristic premise – satellite-delivered broadband – brings with it the thoroughly un-modern prospect of our access being controlled by one man: Elon Musk.
  
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• Gateway reshuffles top brass for WA Yandal gold push

  15-10-2026 06:55 via smh.com.au
  
  Gateway Mining has reshuffled its board, appointing a new MD and Chairman to drive aggressive gold exploration at its well-funded Yandal project, 85km northeast of Wiluna in WA.
  
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• Expert says trust use to avoid tax 'bordering on a joke'

  15-10-2026 06:45 via abc.net.au
  
  Small business advocates say it is a misconception that trusts are only used by wealthy families to minimise tax, but one expert says the current system is "bordering on a joke" and in urgent need of reform.
  
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• NT Labor backflips, supports 'hyper-scale' data centre moratorium

  15-10-2026 06:42 via abc.net.au
  
  The Territory Labor opposition says a moratorium on "hyper-scale" data centres should be imposed until July next year, while a review into them is undertaken.
  
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• Abundance or extinction? We can still influence AI’s outcome, but not for long

  15-10-2026 06:00 via smh.com.au
  
  There are two very distinct narratives emerging about AI right now, and they’re both getting more extreme.
  
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• Adelaide University to offer staff early retirements as financial woes grow

  15-10-2026 05:36 via abc.net.au
  
  Less than a year after a $500 million state government-backed merger, the new Adelaide University is already looking to cut staff numbers by offering early retirement packages. 
  
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• Zenith hits 14 from 14 in WA gold drilling campaign

  15-10-2026 05:04 via smh.com.au
  
  Zenith Minerals has hit more gold at its Dulcie project in WA, including 6m at 4.14g/t gold. All 14 holes assayed at Dulcie Central have now returned gold mineralisation.
  
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• Industrial relations minister could terminate strikes under proposed Qld laws

  15-10-2026 04:23 via abc.net.au
  
  Protected industrial action could be terminated if it would threaten to endanger the life, personal safety, health or welfare or cause significant damage to the state's economy.
  
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• Iron Bear retakes full control of generational Canadian iron ore giant

  15-10-2026 04:11 via smh.com.au
  
  Iron Bear Resources has regained full control of its giant Canadian iron ore project, leaving it holding a US$9B NPV prize and the freedom to chase heavyweight funding partners.
  
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• Yass Valley Council residents facing possible 76pc rate rise

  15-10-2026 03:28 via abc.net.au
  
  Independent consultants have found the council would need to generate an extra $8.3 million from operations each year by 2027-28 to maintain its financial and infrastructure position.
  
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• 'Not a lot we can do': Yass council region faces 76pc rate hike

  15-10-2026 03:28 via abc.net.au
  
  Independent consultants have found the council would need to generate an extra $8.3 million from operations each year by 2027-28 to maintain its financial and infrastructure position.
  
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• Locksley fires up copper growth push across NSW heartland

  15-10-2026 03:04 via smh.com.au
  
  Locksley Resources has unveiled a copper growth strategy at its Greater Tottenham district in NSW. The plan combines its 9.86Mt Tottenham resource with the newly optioned Iron Duke project, covering 1000sqkm.
  
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• The damage Trump has inflicted on America is spreading

  15-10-2026 02:59 via smh.com.au
  
  A shock economic update couldn’t have come at a worse time for Donald Trump and the Republicans.
  
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• Unemployment rate remains at 4.7pc in September

  15-10-2026 02:50 via abc.net.au
  
  An estimated 39,300 fewer Australians were in work last month, and the number of unemployed people increased by 8,900.
  
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• Unemployment at five-year high after nearly 40,000 jobs lost

  15-10-2026 02:50 via abc.net.au
  
  An estimated 39,300 fewer Australians were in work last month, while the number of unemployed people increased by 8,900.
  
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• Breaking: Unemployment rate sits at post-COVID high after revision

  15-10-2026 02:50 via abc.net.au
  
  An estimated 39,300 fewer Australians were in work last month, and the number of unemployed people increased by 8,900.
  
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• Breaking: Unemployment rate remains at 4.7pc in September

  15-10-2026 02:50 via abc.net.au
  
  An estimated 39,300 fewer Australians were in work last month, and the number of unemployed people increased by 8,900.
  
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• Banks boost ASX as miners slump; Unemployment hits five-year high

  15-10-2026 01:54 via smh.com.au
  
  The Australian sharemarket has clawed back some early losses after unemployment hit its highest level in five years, easing the pressure on the Reserve Bank to lift interest rates.
  
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• ASX falls as miners slump, Wall Street sharply lower as US inflation worsens

  15-10-2026 01:54 via smh.com.au
  
  Worries about worsening inflation are weighing on Wall Street and pulling the US stock market further from its record.
  
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• ASX falls after Wall Street slumps as inflation gets worse; Netflix job cuts

  15-10-2026 01:08 via smh.com.au
  
  Worries about worsening inflation are weighing on Wall Street and pulling the US stock market further from its record.
  
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• Automated feedlot proposal draws community ire in Victoria's south-east

  15-10-2026 00:40 via abc.net.au
  
  A Victorian farmer has submitted a proposal to create one of the state's first undercover, automated feedlots, drawing criticism from locals who are citing concerns about road safety and odour.
  
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• Victoria gives final state approval for biggest wind farm in southern hemisphere

  14-10-2026 23:30 via abc.net.au
  
  The 219-turbine wind farm, on agricultural land at Warracknabeal in the state's west, now needs federal government approval.
  
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• Victoria approves biggest wind farm in southern hemisphere

  14-10-2026 23:30 via abc.net.au
  
  The 219-turbine wind farm proposed for agricultural land at Warracknabeal, in the state's west, now needs the federal government's green light.
  
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• ‘Obsessed’: The reclusive billionaire heiress who can’t stop getting richer

  14-10-2026 22:20 via smh.com.au
  
  Sandra Ortega has amassed enormous wealth without ever playing a role at the business her parents started - now the world’s biggest fashion retailer.
  
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