Australia Breaking News

Boab Metals (ASX:BML) has released an updated plan for its Sorby Hills Silver-Lead Project in Western Australia.

Neuren Pharmaceuticals (ASX:NEU) announced partner Acadia Pharmaceuticals (NASDAQ:ACAD) secured a US patent allowance extending trofinetide protections.

Australia's data centre boom is facing headwinds, with local opposition to new developments adding to concerns about the costs and benefits of rapid AI expansion. The debate is being amplified by Prime Minister Anthony Albanese's call for stronger AI safeguards following revelations that an OpenAI model hacked a government website. Co-director of the Centre for AI and Digital Ethics at the University of Melbourne, Jeannie Paterson joins "Bloomberg: The Asia Trade" to discuss the future of Australia's AI ambitions.

The Reserve Bank of Australia increased the official cash rate by 0.25 percentage points to 4.60% to curb persistent domestic inflation.

Embark Early Education (ASX:EVO) acquired 250,000 ordinary shares in Mayfield Childcare (ASX:MFD) to increase its total voting power from 49.80% to 50.04%.

Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington before US midterm elections in November. Bloomberg's Stuart Livingstone-Wallace has the latest developments.

Memphasys (ASX:MEM) has executed a convertible note subscription agreement with Peters Investments to secure a $3.5 million.

OpenAI has issued an apology following an incident where its AI agents gained unauthorised access to data stored on the Services Australia Medicare Statistics Reporting Service.

Silver Mines (ASX:SVL) has finalised a $26 million transaction to acquire and extinguish two private royalties over its 100% owned Bowdens Silver Project.

Venus Metals (ASX:VMC) maintains an exploration portfolio covering gold, copper, base metals, lithium, titanium, and vanadium in Western Australia.

Hearing implant manufacturer Cochlear (ASX:COH) is facing a class action lawsuit in the Supreme Court of Victoria from shareholders.

Temas Resources (ASX:TIO) has commenced Stage 2 of its Regenerative Chloride Leach metallurgical programme with SAGA Metals.