Australia Breaking News

Bank of Queensland (ASX:BOQ) reported an 88% increase in statutory net profit after tax to $250 million for the full year ended Aug. 31.

In a discussion with Bloomberg Government's Jonathan Tamari, Senate Majority PAC President JB Poersch talks about the race to unseat incumbent Senator Susan Collins, a Republican, from Maine. He says Collins has failed to be a "check" on President Donald Trump. They speak at a Bloomberg.com subscriber-only event in Washington, DC on October 14, 2026.

In discussion with Bloomberg Government reporter Jonathan Tamari, Senate Majority PAC president JB Poersch explains why Susan Collins wasn't the check on Trump that the Democrats needed. They speak at a Bloomberg.com subscriber-only event in Washington, DC on October 14, 2026.

AMP (ASX:AMP) reported total wealth assets under management of $168 billion for the third quarter of 2026.

ASIC has discontinued its insider trading investigation into WiseTech Global (ASX:WTC) co-founder Richard White and two of the software firm's staff.

M Battery Materials filed a prospectus to raise $15–$25 million through an IPO ahead of its planned Dec. 2 listing on the ASX.

Huel CEO James McMaster discusses Danone's roughly $1.2 billion acquisition of the UK-based meal-replacement and protein-shake maker. He says Huel established local manufacturing and warehouses when it entered the U.S. about eight years ago, and has since grown internationally; the company views Danone as the right partner to take it to its next stage. He speaks with Romaine Bostick on "The Close."

Loop Capital is buying $450 million in client assets from Lifeline Capital to expand its wealth management business and serve more athletes and entertainers. Founder, Chairman and CEO Jim Reynolds said the firm encourages athletes to invest in companies and gain ownership rather than rely on short-term endorsement payments. He speaks with Romaine Bostick on "The Close."

At a forum in Beverly Hills, the discussion focused on obstacles to expanding AI data centers, including rising energy costs and weakening public support for construction. Blackstone's Mike Forman said infrastructure supply constraints are worsening, particularly around power: utilities that once could connect projects within six to twelve months may now quote waits of up to seven years, require investments as high as $1 billion, and offer less certainty. The panel of Mike Forman, Jessica Bailey & Brandon Freiman speak to Romaine Bostick at the CAIS Summit Panel.

Janus Henderson CEO Ali Dibadj said the firm is energized by its move to private ownership and is using the flexibility to invest in people, technology including AI, new products and client service. He said quarterly earnings pressures had constrained those investments, despite the firm's growth as a public company. He speaks with Romaine Bostick on "The Close."

Nvidia CEO Jensen Huang said he would halt the supply of chips to a customer that was developing unsafe AI software, though he doesn't believe that the current level of concern about the technology is warranted. AI executives such as Anthropic CEO Dario Amodei have proposed an industrywide slowdown to address the concerns. Meantime, Anthropic held an investor day Wednesday as it advances plans for a potential IPO at an approximately $2 trillion valuation, amid growing concerns about AI safety and threats. We get reaction from Bloomberg Tech host Ed Ludlow & Jacqueline Corbelli, Co-Founder and CEO at Brightline Partners.

Vanguard President and CIO Greg Davis said the CPI report was one data point for markets and the Federal Reserve to assess, while noting inflation remains above the Fed's 2% target and the Fed still has work to do. Davis said Vanguard generally expects one to two rate hikes over the coming months, depending on incoming data. He speaks with Romaine Bostick on "The Close."