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-
Cedar Woods loses bid to contest brickworks approval
Property developer Cedar Woods has failed in its attempt to have a works approval at the brickworks adjacent to its Byford subdivision revoked. -
Deterra makes $105m copper royalty purchase
Deterra Royalties has added a third core asset to its business, acquiring a royalty over the planned Santa Cruz copper project in Arizona for $US74 million ($A105 million). -
Perenti secures $205m contract suite
Perenti has secured a wide range of drilling contracts across its portfolio, along with a major underground-based deal with Endeavour Mining. -
OpenAI apologises for Medicare hack, creates task force
An artificial intelligence giant whose agent went rogue and hacked an Australian government website has publicly apologised and committed to setting up a task force in an attempt to control its technology. -
Gold’s rollercoaster ride shows the messy state of the global economy
via smh.com.au
If you were looking for an illustrated view of what’s been happening in the world economy and markets this year, you’d have to look no further than a chart of the gold price. -
WA olive grove properties gain interest as shortages push up oil prices
Two olive groves in WA's south are about to be sold as the niche agricultural sector benefits from record prices for oil and climbing land values. -
AI’s hidden $4.3 trillion bill could wreck world economy, warns Big Short investor
via smh.com.au
Michael Burry, the hedge-fund manager famous for his bet against the US subprime mortgage bubble that sparked the GFC, has targeted the gargantuan data centre bill he says AL companies are hiding. -
Chinese-owned firm takes over one of Australia's largest cannabis farms
via abc.net.au
Despite the takeover of the cannabis farm north of Hobart, the chief executive of Tasmanian Botanics says it is "business as usual" for staff and customers. -
Latest act in AUKUS odyssey as sub powers away
The British government has seized on the launch of its latest nuclear-powered attack submarine as proof it can deliver on its AUKUS commitments. -
OpenAI halts powerful new AI model over fears it could go rogue
via smh.com.au
News of OpenAI’s decision came as the giant chipmaker Nvidia announced a new tool it claimed would ensure bots stayed within their instructions. -
Farmers 'suffocating' on red tape
The Senate is investigating claims that farmers are being crushed by regulatory burden. -
Stocks fall as higher oil prices, Treasury yields weigh
US stocks have fallen as oil prices and Treasury yields increased, with investors weighing uncertainty over the prospects for an Iran war peace deal and the effect on the Federal Reserve's rate path. -
Budget bottom line improves, but borrowers brace for pain
An unexpected jump in the tax take and less spending than forecast has delivered a $6 billion boost to the federal budget. -
Greens leader suddenly quits after health 'downturn'
Larissa Waters has quit as leader of the Greens due to worsening kidney disease. -
ASX to open flat ahead of RBA rate call; Wall Street wobbles as bonds spike
via smh.com.au
The Australian sharemarket is set for a cautious start on RBA day, with investors looking to the Reserve Bank’s press conference after its expected rise in interest rates for clues on whether a follow-up hike will be needed. -
ASX edges higher ahead of RBA rate call; Wall Street wobbles as bonds spike
via smh.com.au
The Australian sharemarket was moderately higher in early trade as investors hold their breath for an expected rate rise and clues on whether a follow-up hike will be needed. -
Nvidia unveils security platform to stop AI agents from going rogue
via smh.com.au
The AI chip giant has unveiled a new security platform that it claims “sets boundaries” for AI agents. It also announced what it said was the biggest share buyback in history to cash in on a global race to dominate artificial intelligence. -
Spoonfuls of sugar: $280,000 nannies for the ultra-rich are in high demand
via smh.com.au
High pay for long hours on a rota is common on oil platforms, in mines and on container ships. It is increasingly so in another field: caring for the children of the super-rich. -
Crown sues insurer refusing to help it cover mammoth class action payout
via smh.com.au
Casino operator is suing a multinational insurer, which has declined to pay out a policy the gambling giant expects to help it fund a $72 million class action. -
South African gold giant set to pursue Australian rival
One of the world's top mining firms is disappointed the board of Australia's leading goldminer has knocked back its near $40 billion takeover approach but isn't giving up its pursuit. -
Australian fuel prices near six-month highs on US-Iran peace deal impasse
via smh.com.au
Average petrol prices climbed 10¢ a litre and diesel rose 14¢ last week to hit their highest levels since the second month of the Iran war. -
Red Metal expands Qld footprint in hunt for copper elephants
via smh.com.au
Red Metal Ltd has swooped in on ground near its two projects in QLD, lodging 17 additional tenement applications for prospective iron oxide-copper-gold deposits. -
TikTok and Meta ran hundreds of ads for illegal tobacco, vapes
via smh.com.au
The ads, many of which have since been pulled, helped to fuel a mammoth black market that has spawned firebombings and crime around the country. -
A 175-year-old golden rule in markets is starting to break
via smh.com.au
Gold has effectively always cost much more than silver, and nickel more than copper. But the age of electricity is starting to wreak havoc on accepted wisdom. -
Track work postponed to give Knights fans a smooth ride to grand final
via abc.net.au
Planned train track works will not go ahead on the day of the NRL grand final after hundreds of Newcastle Knights fans were stranded at stations following a freight service breakdown ahead of the preliminary final. -
Madonna beats Taylor Swift in MTV VMAs showdown
via abc.net.au
Madonna emerges as the big winner at MTV's Video Music Awards, but Taylor Swift still broke records. -
Madonna beats Taylor Swift in MTV awards showdown
via abc.net.au
Madonna emerges as the big winner at MTV's Video Music Awards, but Taylor Swift still broke records. -
Critical Resources doubles down on South American gold grab
via smh.com.au
Critical Resources has continued its push into the South American nation of Suriname, grabbing a second gold project in the tiny, gold-rich country. -
Dateline soars on Washington support for gold-rare earths restart
via smh.com.au
Dateline Resources has surged after securing heavyweight US Government backing in a legal push to restart work at its Colosseum gold-rare earths project in California. -
Ingenia receives third takeover bid
Ingenia Communities Group would not go ahead with its proposed acquisition of Peet if it accepts a $2.14 billion takeover offer from Warburg Pincus.
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