Business news

• WA premier backflips on desalination plant amid $543m pipeline upgrade

  05-10-2026 09:18 via abc.net.au
  
  The WA government is weighing up future plans for a desalination plant in Esperance as work on a $543 million upgrade to the historic Goldfields water pipeline ramps up.
  
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• Customers' personal details may have been accessed in hack, Asos says

  06-10-2026 14:49 via abc.net.au
  
  "Engage with us, or we will leak it," Asos shoppers warned in an alarming message sent from online retailer's app.
  
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• Asos app users sent 'hacked' message from online retailer

  06-10-2026 14:49 via abc.net.au
  
  "Engage with us, or we will leak it," Asos shoppers warned in an alarming message sent from online retailer's app.
  
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• Customers sent rogue message as major fashion retailer caught in apparent hack

  06-10-2026 12:13 via smh.com.au
  
  Customers of the popular online clothing retailer ASOS have received an alert that appears to threaten the company’s IT department with a data release.
  
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• Veteran news anchor Richard Morecroft dies, aged 70

  06-10-2026 12:04 via abc.net.au
  
  Morecroft was a regular presence on television screens for more than 30 years.
  
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• Breaking: Veteran news anchor Richard Morecroft dies, aged 70

  06-10-2026 12:04 via abc.net.au
  
  Morecroft was a regular presence on television screens for more than 30 years.
  
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• Alan Jones kiss left 17yo feeling 'violated', court told

  06-10-2026 09:50 via abc.net.au
  
  The 85-year-old ex-radio broadcaster has pleaded not guilty to 21 counts of indecent assault and sexual touching, relating to alleged incidents between 2003 and 2020.
  
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• Australia’s great AI hope just hit a speed bump

  06-10-2026 09:15 via smh.com.au
  
  Its plan to double Australia’s data centre computing power may have fallen over but ASX-bound Firmus’ backers – from a Canberra air-conditioning family to billionaires – aren’t worried.
  
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• ASX gains, led by miners and property stocks; oil prices steady

  06-10-2026 08:14 via smh.com.au
  
  The Australian sharemarket advanced in early trade after a tech-led rally pushed Wall Street higher as investors largely shrugged off concerns about bond yields at multi-decade highs. Oil prices fell.
  
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• Barkly scores near-perfect drill hit rate at huge NT rare earths play

  06-10-2026 07:39 via smh.com.au
  
  Barkly Rare Earths has struck rare earths in 43 of 44 holes at its NT project. Mineralisation now spans a huge 23km, with high-grade hits including 0.5m at 5156 ppm TREO.
  
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• Aguia hits Colombia gold record and breaks even

  06-10-2026 06:41 via smh.com.au
  
  Aguia Resources has set a gold production record in Colombia, with September revenue of A$218,000 covering its local corporate and operating costs for the first time.
  
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• TMK smashes gas flow records as Mongolian drilling gears up

  06-10-2026 06:19 via smh.com.au
  
  TMK Energy set a new gas production record at its Mongolian coal seam gas project, with September flows up 8% and multiple wells hitting new highs across its 1.2Tcf resource.
  
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• Gateway maps twin 4km gold soil anomalies in WA Gascoyne

  06-10-2026 06:07 via smh.com.au
  
  Gateway Mining has defined two gold-in-soil anomalies from first-pass soil sampling at its Glenburgh South gold project in WA’s Gascoyne region, next to Benz Mining’s recent tier-one gold discovery.
  
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• Manhattan strikes high-grade polymetallic pay dirt in Canada

  06-10-2026 05:49 via smh.com.au
  
  Manhattan Gold Corp has hit high-grade copper, gold, silver and zinc in maiden drilling at its Spectre prospect in Canada, including 6.1m at 3.18% copper and 1.37g/t gold.
  
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• Rogue pilots may be the most dangerous threat to passengers. They’re ‘just about impossible’ to stop

  06-10-2026 04:22 via smh.com.au
  
  The insider threat risk has been part of the international aviation security framework for many years. But the options for confrontation remain limited.
  
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• Flagship puts bigger fence around Canadian copper giant

  06-10-2026 04:19 via smh.com.au
  
  Flagship Minerals has more than doubled its Canadian Whipsaw copper footprint, chasing extensions to its large-scale porphyry play ahead of a potential spin-out.
  
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• McLaren drilling nails high-grade titanium from surface

  06-10-2026 03:47 via smh.com.au
  
  McLaren Minerals has hit more high-grade titanium sands from surface at its WA project, with results up to 17.99% heavy minerals, as it moves to upgrade its 529Mt resource.
  
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• Lynas mega-deal sparks global race for low-cost rare earths

  06-10-2026 03:21 via smh.com.au
  
  Lynas Rare Earths’ $968M swoop on Meteoric’s Brazilian clay project has altered the global rare earths sector, shifting thefocus to low-capex, ambient-leach assets.
  
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• AI giants face MPs: OpenAI apologises, Anthropic in the dark

  06-10-2026 03:18 via smh.com.au
  
  OpenAI has apologised for its AI accessing Medicare files in June, while its rival Anthropic has told an inquiry that it doesn’t keep tabs on what its customers do with its technology.
  
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• FROGS, not PIIGS, could spark the next global financial crisis

  06-10-2026 03:12 via smh.com.au
  
  Bond investors have been searching for the weak points in the global economy, forcing government debt yields up around the world. In France, they have found the perfect target.
  
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• More high-grade gold builds Great Southern WA gold story

  06-10-2026 03:01 via smh.com.au
  
  Great Southern Mining has struck 4m at 11.38g/t gold at Golden Boulder in WA, extending mineralisation across 1.1km of a 3.5km trend, with further assays pending.
  
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• Ruslan Kogan made $300m in tech. But his favourite place to eat is his mother’s dining table

  06-10-2026 02:40 via smh.com.au
  
  The multimillionaire tech founder bypasses fine dining to break bread at his mum’s home, reflecting on his journey from 1980s Soviet immigrant to Toorak-based retail giant.
  
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• ASX gains in early trade after tech rally lifts Wall Street; Oil prices ease

  06-10-2026 02:29 via smh.com.au
  
  The Australian sharemarket advanced in early trade after a tech-led rally pushed Wall Street higher as investors largely shrugged off concerns about bond yields at multi-decade highs. Oil prices fell.
  
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• ‘Work to do’: OpenAI to say sorry for Australian hacks as it faces grilling

  06-10-2026 02:04 via smh.com.au
  
  OpenAI’s chief strategy officer will tell a parliamentary committee the company must rebuild trust after its models accessed Australian government websites.
  
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• Phosphate: An old workhorse turned critical commodity

  06-10-2026 01:48 via smh.com.au
  
  For decades, humble phosphate fertiliser was a simple story of digging up rock to help grow crops. Now, amid the US-Iran war, prices are surging and major global supply chains are at a tipping point.
  
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• ASX gains in early trade after tech rally lifts Wall Street; Oil price eases

  06-10-2026 01:33 via smh.com.au
  
  The Australian sharemarket advanced in early trade after a tech-led rally pushed Wall Street higher as investors largely shrugged off concerns about bond yields at multi-decade highs. Oil prices fell.
  
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• ABC has no plans to create AI newsreaders

  06-10-2026 01:10 via smh.com.au
  
  Representatives from the ABC are the first to appear at a special inquiry into artificial intelligence.
  
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• Beetaloo wins free kick into Queensland liquids play

  06-10-2026 00:46 via smh.com.au
  
  Beetaloo Energy Australia has secured a 25% Taroom Trough liquids stake in Queensland at zero upfront cost, adding optionality to its Northern Territory gas assets.
  
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• Budding rocket scientists put designs to the test in outback competition

  06-10-2026 00:35 via abc.net.au
  
  Domestic and international students turn a remote sheep station into a testing ground for their designs as they compete in the Australian Universities Rocket Competition. 
  
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• Smooth sailing for new passenger zones at Melbourne Airport

  05-10-2026 23:52 via abc.net.au
  
  The new pick-up and drop-off zones have largely met with passenger approval on the first morning of operation. 
  
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