Australia News

Middle Island Resources (ASX:MDI) announced the resignation of its CEO, Peter Spiers.

Australia sued manufacturing giant 3M (NYSE:MMM) for over $2 billion, alleging a decades-long cover-up of toxic "forever chemical" contamination.

Imugene (ASX:IMU) announced a milestone in its ongoing Phase 1b basket study of azer-cel.

For decades, the global transition to renewable energy was a project of incrementalism — a slow-moving mosaic of carbon taxes, solar subsidies, and earnest international accords that often felt more aspirational than urgent. 

Policy wonks argued over the nuances of the Inflation Reduction Act, while climate activists lamented the glacial pace of the "energy pivot."

For the better part of a decade, the gilded youth of the financial world — the "crypto-native" generation — dismissed gold as a "boomer rock." 

To them, the heavy, yellow metal was an analog relic, a petrous souvenir of an era before the lightning-fast efficiency of the blockchain. 

For years, the global defence industry existed in a sort of polite exile. 

In the era of ESG mandates and the "peace dividend," shares in weapons manufacturers were often treated as the "tobacco stocks" of the new millennium — profitable, perhaps, but unseemly. 

Australian household spending fell by 1.1% in April, driven primarily by a sharp decline in transport costs.

Australia's annual inflation rate eased to 4.2% in the 12 months to April, down from 4.6% in March.

Surging fuel costs and severe supply shortages are battering the Australian economy, with 72% of firms reporting negative impacts.